$340,000
SOLD FEB 25, 2013

16540 E El Lago Blvd Unit 11 Fountain Hills, AZ 85268

3 Beds
3 Baths
2,081 Sq Ft
2001 Built

Recently Sold

$163 Per Sq Ft

3% Below List Price

229 Days on Market

Highlights

  • Two Primary Bedrooms
  • Gated Community
  • Ground Level Unit
  • Fountain Hills Middle School Rated A-
  • Mountain View
  • Community Spa

About This Home

As of May 2021

GREAT LOCATION! GATED COMMUNITY OF VILLA ESTATES. CONVENIENTLY LOCATED IN THE HEART OF FOUNTAIN HILLS. MOSTLY ALL TILE FLOORING/ PLANTATION SHUTTERS/OPEN FLOOR PLAN/FORMAL LIV-DIN RM/FAMILY RM OPEN TO EAT-IN-KITCHEN/GAS FIREPLACE IN FAM RM/ LARGE COVERED PATIO/IMMACULATE GARAGE WITH PLENTY OF BUILT-IN CABINETS AND EPOXY FLOORS/ COMMUNITY POOL/SPA. ALL WITHIN WALKING DISTANCE TO TOWN AMENITIES. CLOSE TO MAYO CLINIC AND JUST 25 MINUTES TO PHOENIX SKY HARBOR AIRPORT. PROUDLY OWNED!

Last Agent to Sell the Property

Lisa Murray

Russ Lyon Sotheby's International Realty License #BR557263000 Listed on: 06/11/2012

Last Buyer's Agent

Daniel McCallum

HomeSmart Lifestyles License #SA572981000

HomeSmart Lifestyles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,562

Year Built

  • Built in 2001

Lot Details

  • Private Streets
  • Desert faces the front and back of the property
  • Desert Landscape

Home Design

  • Patio Home
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,081 Sq Ft Home
  • Multi-Level Property
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Mountain Views
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Separate Bedroom Exit
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Unassigned Parking

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch
  • Ground Level Unit

Community Details

Overview

  • $1,524 per year Dock Fee
  • Association fees include blanket insurance policy, common area maintenance, exterior maintenance of unit, front yard maint, pest control, roof repair, roof replacement, street maintenance
  • Villa Estates HOA, Phone Number (480) 837-8900
  • Located in the VILLA ESTATES master-planned community
  • Built by VISSER
  • Callais

Recreation

  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,562

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Building Style: 2-3-4 Plex
  • Tax Municipality: Fountain Hills
  • Cross Street: FOUNTAIN HILLS BLVD & EL LAGO
  • Legal Info Lot Number: 11
  • Property Type: A
  • Unit Style: All on One Level, Ground Level, One Common Wall
  • Technology: Cable TV Avail, High Speed Internet Available
  • Assessor Parcel Number: 806.00
  • Hundred Block: 13000
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: 2 Master Bdrms, Mstr Bdr Walkin Clst, Othr Bdr Walkin Clst, Separate Bdrm Exit
  • Assessor Parcel Number: 176-24-806
  • Capital Improvement Impact Fee 2 Dollar Percent: $
  • Capital Improvement Impact Fee Dollar Percent: $
  • HOA Association Fee: 225.00
  • HOA Name: VILLA ESTATES
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480-837-8900
  • HOA Transfer Fee: 150.00
  • HOA Fees: Y
  • Total Monthly Fee Equivalent: 225.00
  • Association Rules: Pets OK (See Rmrks), Prof Managed
  • Construction Finish: Painted, Stucco
  • Dwelling Type: Patio Home
  • Encoded Features: 32.75FRDX2G2S
  • Map Code Grid: L40
  • Primary Bathroom Type: Double Sinks, Separate Shwr & Tub
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 2.00
  • Parking Spaces Slab Parking Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Planned Comm Name: VILLA ESTATES
  • Price per Sq Ft: 163.38
  • Property Group Id: 19990816212109142258000000
  • Year Built: 2001
  • Tax Year: 2012
  • Directions: EAST ON EL LAGO TO COMPLEX ON THE CORNER OF EL LAGO AND LA MONTANA. GATE IS OPEN FROM 8 - 5.
  • Master Model: CALLAIS
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: Fire Sprinklers, No Interior Steps, Water Softener Owned
  • Bedrooms: 3
  • Bedrooms Plus: 3.00
  • Other Rooms: Family Room
  • Bathrooms: 2.75
  • Laundry: Dryer Included, Inside, Washer Included, Wshr/Dry HookUp Only
  • Flooring: Carpet, Tile
  • Fireplace: 1 Fireplace
  • Master Bedroom Type: Split
  • Dining Area: Eat-in Kitchen, Formal
  • Estimated Lot Sq Ft: 252.00
  • Estimated Sq Ft: 2081.00
  • Kitchen Features: Dishwasher, Disposal, Pantry
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Landscaping: Desert Back, Desert Front, Yrd Wtring Sys Back, Yrd Wtring Sys Front
  • Roofing: Tile
  • Fencing: See Remarks
  • Construction: Frame - Wood
  • Exterior Features: Covered Patio(s), Private Street(s)
  • Pool Private: No Pool

Garage/Parking

  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Unassigned Parking

Utilities

  • Water: Pvt Water Company
  • Utilities: SRP, SW Gas
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Gated Community
  • Fee Include: Blanket Ins Policy, Common Area Maint, Exterior Mnt of Unit, Front Yard Maint, Pest Control, Roof Repair, Roof Replacement, Street Maint

Schools

  • Elementary School: Fountain Hills High School
  • Middle School: Fountain Hills High School
  • High School: Fountain Hills High School
  • Elementary School: Fountain Hills High School
  • High School: Fountain Hills High School
  • Jr High School: Fountain Hills High School

Lot Info

  • Property Description: Mountain View(s)

Building Info

  • Builder Name: VISSER

Tax Info

  • Taxes: 1524.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 6, 2021
Sold by
Hnot Charles V and Hnot Beth A
Bought by
Watkins Kristine and Watkins Clark R
Seller's Agent
Connie Colla
RETSY
Buyer's Agent
Chauncey Beck
Russ Lyon Sotheby's International Realty
List Price
$535,000
Sold Price
$550,000
Premium/Discount to List
$15,000
2.8%
Total Days on Market
229
Current Estimated Value
$753,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,433
Avg. Annual Appreciation
8.06%

Purchase Details

Listed on
Sep 13, 2019
Closed on
Feb 25, 2020
Sold by
Morris P Rodney P and Morris Sharon A
Bought by
Hnot Charles V and Hnot Beth A
Seller's Agent
Daniel McCallum
HomeSmart Lifestyles
Buyer's Agent
Connie Colla
RETSY
List Price
$509,000
Sold Price
$485,000
Premium/Discount to List
-$24,000
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%
Original Mortgage
$436,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2012
Closed on
Feb 22, 2013
Sold by
Musil George A and Musil Danette J
Bought by
Morris P Rodney and Morris Sharon A
Seller's Agent
Lisa Murray
Russ Lyon Sotheby's International Realty
Buyer's Agent
Daniel McCallum
HomeSmart Lifestyles
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$255,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2004
Sold by
Musil George A and Musil Danette J
Bought by
The Musil Revocable Family Trust

Purchase Details

Closed on
Sep 6, 2003
Sold by
Capuano Gloria M
Bought by
Musil George A and Musil Danette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2002
Sold by
Jan Az Investments Llc
Bought by
Capuano Gloria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
5.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Warranty Deed $550,000 Wfg National Title Ins Co
Warranty Deed $485,000 Landmark Ttl Assurance Agcy
Warranty Deed $340,000 Grand Canyon Title Agency In
Interfamily Deed Transfer -- --
Warranty Deed $287,000 First American Title Ins Co
Special Warranty Deed $261,350 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $436,500 New Conventional
Previous Owner $255,000 New Conventional
Previous Owner $255,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $70,000 New Conventional
Previous Owner $253,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $550,000 +2.8% $264 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $535,000 +10.3% $257 / Sq Ft
02/28/2020 02/28/20 Sold $485,000 -3.0% $233 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
10/04/2019 10/04/19 Price Changed $499,900 -1.8% $240 / Sq Ft
09/13/2019 09/13/19 For Sale $509,000 +49.7% $245 / Sq Ft
02/25/2013 02/25/13 Sold $340,000 -2.9% $163 / Sq Ft
06/11/2012 06/11/12 For Sale $350,000 -- $168 / 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 $2,562 $42,798 -- --
2024 $2,644 $29,093 -- --
2023 $2,644 $48,610 $9,720 $38,890
2022 $1,987 $42,470 $8,490 $33,980
2021 $2,206 $39,330 $7,860 $31,470
2020 $2,166 $37,900 $7,580 $30,320
2019 $2,219 $35,420 $7,080 $28,340
2018 $2,209 $34,960 $6,990 $27,970
2017 $2,120 $32,980 $6,590 $26,390
2016 $2,075 $33,210 $6,640 $26,570
2015 $1,960 $28,770 $5,750 $23,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4772606

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-24-806