$230,000
SOLD FEB 21, 2012

16525 E Avenue of the Fountains Unit 201 Fountain Hills, AZ 85268

3 Beds
2 Baths
1,942 Sq Ft
$195/mo HOA Fee

Recently Sold

$118 Per Sq Ft

2% Below List Price

194 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Mountain View
  • Fountain Hills Middle School Rated A-
  • Gated Community
  • Wood Flooring

About This Home

As of February 2012

Location, Views, End Unit, Gated this former model townhome has it all. 3 bedrooms + Den, surround sound, upgraded lighting, fixtures & custom draperies, shades thru-out. Hardwood floors, tile & newer carpet. Cherry Wood cabinets, tiled backsplash & large walk-in pantry in kitchen all appliances convey. Master bedroom w/large walk-in closet, double sinks, separate soaking tub & shower. Garage w/cabinets & painted floors + 1 assigned covered parking space. Just a Hop, Skip & a Jump to the fountain & downtown conveniences. Owner paying for 1 year home warranty with American Home Shield with successful close of escrow. Furniture is available under separate bill of sale. Fountain Hills is a golfer’s delight-Eagle Mountain, Firerock, Desert Canyon & more. Close Scottsdale and spring training.

Last Agent to Sell the Property

Karen DeGeorge

Russ Lyon Sotheby's International Realty License #SA525444000 Listed on: 07/20/2011

Last Buyer's Agent

Jason Samuelson

Sonoran Realty License #BR042588000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,570

Year Built

  • Built in 2004

Lot Details

  • 1,436 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Desert faces the front and back of the property
  • Grass Covered Lot

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,942 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Storage

Location

  • Unit is on the top floor

Schools

  • Fountain Hills High Elementary And Middle School
  • Fountain Hills High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Filtration System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 201
  • Assessor Parcel Number 176-27-207

Community Details

Overview

  • Association fees include roof repair, insurance, front yard maint, roof replacement, maintenance exterior
  • Red Mountain Association, Phone Number (480) 641-6300
  • Built by Hall Craft Crossing
  • Town Center Crossing Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,570

Year Built

Built in 2004

Lot Details

0

HOA Fees

$195 per month

Parking

1

Listing Details

  • Cross Street: Avenue of the Fountains & La Montana
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Transfer Fee: 225.0
  • HOA #2: Y
  • Total Monthly Fee Equivalent: 195.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Tax Year: 2010
  • Directions: From Shea Blvd, north on Palisades, Right on Avenue of the Fountains, complex on right, next to Post Office
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: Town Center Crossing
  • Efficiency: Multi-Pane Wndws
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 195.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Fire Sprinklers, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1942.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Covered Patio(s), Patio, Storage
  • Lot Features: Desert Back, Desert Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Common Walls: 1 Common Wall, Neighbor Below, End Unit
  • Construction Type: Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 195.0
  • Association Fee Frequency: Monthly
  • Association Name: Red Mountain
  • Phone: 480-641-6300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Red Mountain
  • Association Fees:HOA Telephone4: 480-641-6300
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Front Yard Maint, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Fountain Hills High School
  • High School: Fountain Hills High School
  • Junior High Dist: Fountain Hills Unified District
  • Middle Or Junior School: Fountain Hills High School

Lot Info

  • Lot Size Sq Ft: 1436.0
  • Parcel #: 176-27-207
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Hall Craft Crossing

Tax Info

  • Tax Annual Amount: 1570.0
  • Tax Book Number: 176.00
  • Tax Lot: 201
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2011
Closed on
Feb 9, 2012
Sold by
Martin Tim T
Bought by
Nannelli Giampiero and Nannelli Piera
Seller's Agent
Karen DeGeorge
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jason Samuelson
Sonoran Realty
List Price
$234,000
Sold Price
$230,000
Premium/Discount to List
-$4,000
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%

Purchase Details

Closed on
Jan 28, 2008
Sold by
Deutsche Bank Trust
Bought by
Martin Tim T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2007
Sold by
Richardson Joan
Bought by
Deutsche Bank Trust Co Americas

Purchase Details

Closed on
Jul 13, 2006
Sold by
Richardson Joan
Bought by
Richardson Joan and The Joan Richardson Trust

Purchase Details

Closed on
Jun 10, 2005
Sold by
Richardson Joan
Bought by
Richardson Joan and Joan Richardson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2005
Sold by
Ellis Christopher N and Ellis Alison B
Bought by
Shiro Robert E

Purchase Details

Closed on
Aug 17, 2004
Sold by
Town Center Crossing Llc
Bought by
Ellis Christopher N and Ellis Alison B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,386
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 13, 2000
Sold by
Richardson Joan
Bought by
Richardson Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
2%
Mortgage Type
Negative Amortization
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $230,000 Lawyers Title Of Arizona Inc
Special Warranty Deed $260,000 First American Title Ins Co
Deed In Lieu Of Foreclosure -- Security Title Agency
Interfamily Deed Transfer -- Grand Canyon Title Agency In
Interfamily Deed Transfer -- Security Title Agency Inc
Warranty Deed $395,000 Security Title Agency Inc
Cash Sale Deed $315,000 First American Title Ins Co
Warranty Deed $241,733 First American Title Ins Co
Interfamily Deed Transfer -- Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $208,000 New Conventional
Previous Owner $316,000 New Conventional
Previous Owner $193,386 Credit Line Revolving
Previous Owner $376,000 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Price Changed $529,900 -1.9% $273 / Sq Ft
03/24/2025 03/24/25 For Sale $539,900 +134.7% $278 / Sq Ft
02/21/2012 02/21/12 Sold $230,000 +2.3% $118 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
10/31/2011 10/31/11 Price Changed $224,900 -1.8% $116 / Sq Ft
09/27/2011 09/27/11 Price Changed $229,000 -2.1% $118 / Sq Ft
07/20/2011 07/20/11 For Sale $234,000 -- $120 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,915 $31,983 -- --
2024 $1,770 $30,460 -- --
2023 $1,770 $36,360 $7,270 $29,090
2022 $1,732 $30,600 $6,120 $24,480
2021 $1,883 $30,370 $6,070 $24,300
2020 $1,847 $26,660 $5,330 $21,330
2019 $1,880 $25,920 $5,180 $20,740
2018 $1,872 $23,130 $4,620 $18,510
2017 $1,802 $24,720 $4,940 $19,780
2016 $1,784 $25,210 $5,040 $20,170
2015 $1,651 $21,780 $4,350 $17,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4619148

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-27-207