NOT LISTED FOR SALE

16540 E El Lago Blvd Unit 20 Fountain Hills, AZ 85268

Estimated Value: $675,582 - $759,000

2 Beds
2.5 Baths
1,880 Sq Ft
$387/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $475,000 $253 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,487/month

14 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Corner Lot
  • Fountain Hills Middle School Rated A-
  • 1 Fireplace
  • Granite Countertops

About This Home

As of July 2018

Villa Estates is a highly sought after gated community. Single level home with 2 bedrooms, den & 2.5 baths. 2 car garage, new epoxy flooring, laundry tub & built in garage cabinets. Perfect lock & leave home for the winter resident. End unit featuring grass front, desert landscaped common area with back yard mountain & fountain views. Spacious living room with gas fireplace & custom built in cabinetry. Open kitchen features ample cabinets w/roll out shelves, granite counter tops, walk in pantry & eat in dining area. Updated master bath with walk in shower, large vanity with dual sinks, granite counter tops & large walk in closet. Enclosed sun porch off the master bedroom perfect for an office, work out room or afternoon reading. NEW Trane AC installed 12/2017.
This Home is a Must See!

Last Listed By

Mary Buchli

Stratton Vantage Property Management License #SA646127000 Listed on: 06/08/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,973

Year Built

  • Built in 2001

Lot Details

  • 242 Sq Ft Lot
  • 1 Common Wall
  • Private Streets
  • Desert faces the back of the property
  • Wrought Iron Fence
  • Corner Lot
  • Grass Covered Lot

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,880 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Double Pane Windows
  • Roller Shields
  • Mountain Views
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Accessible Home Design

  • Grab Bar In Bathroom
  • Raised Toilet

Outdoor Features

  • Patio
  • Built-In Barbecue

Schools

  • Four Peaks Elementary School - Fountain Hills
  • Fountain Hills Middle School
  • Fountain Hills High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 176-24-815

Community Details

Overview

  • Association fees include roof repair, insurance, pest control, ground maintenance, front yard maint, roof replacement, maintenance exterior
  • Ellithorpe Realty Association, Phone Number (480) 889-2314
  • Villa Estates At Town Center Condominiums Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,973

Year Built

Built in 2001

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Cross Street: El Lago Blvd and La Montana
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 250.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2001
  • Tax Year: 2017
  • Directions: North on Fountain Hills Blvd to El Lago turn right (East). Left to Entry Gate. Upon entry stay to your right and follow to the back of the community, last home on the right.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: VILLA ESTATES AT TOWN CENTER CONDOMINIUMS
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 250.0
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Bath Raised Toilet, Bath Grab Bars
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, Roller Shields, Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 1880.0
  • Stories: 1
  • Window Features: Dual Pane, Mechanical Sun Shds
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Patio, Private Street(s), Built-in Barbecue
  • Lot Features: Corner Lot, Desert Back, Gravel/Stone Front, Grass Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Community Pool
  • Amenities: Management
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association Name: Villa Estates
  • Phone: 480-889-2314
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 75.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Villa Estates
  • Association Fees:HOA Telephone4: 480-889-2314
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Ellithorpe Realty
  • Association Fees:HOA Management Phone: 480-889-2314
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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
  • Association Fee Incl:Pest Control: Yes

Fee Information

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

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 242.0
  • Parcel #: 176-24-815
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1973.12
  • Tax Book Number: 176.00
  • Tax Lot: 20
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2020
Sold by
Higgins Barbara A and Higgins Norman Calvin
Bought by
Higgins Norman Cavin and Higgins Barbara A
Total Days on Market
14
Current Estimated Value
$727,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,900
Outstanding Balance
$337,759
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$390,337

Purchase Details

Closed on
Jun 19, 2019
Sold by
Higgins Norman C and Higgins Barbara A
Bought by
Nbh Trust

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jul 3, 2018
Sold by
Rice David and Rice Patricia
Bought by
Higgins Norman C and Higgins Barbara A
Seller's Agent
Mary Buchli
Stratton Vantage Property Management
Buyer's Agent
Jay Schlum
RE/MAX Fine Properties
List Price
$487,000
Sold Price
$475,000
Premium/Discount to List
-$12,000
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$380,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2005
Sold by
Hansel Donald C and Hansel Nancy A
Bought by
Rice David and Rice Patricia

Purchase Details

Closed on
Nov 4, 2003
Sold by
Hansel Donald C and Hansel Nancy A
Bought by
Hansel Donald C and Hansel Nancy A

Purchase Details

Closed on
Oct 23, 2001
Sold by
Janaz Investments Llc
Bought by
Hansel Donald C and Hansel Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,510
Interest Rate
6.84%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Higgins Norman Cavin -- Accommodation
Higgins Barbara A -- First American Title
Nbh Trust -- None Available
Higgins Norman C $475,000 First American Title Insuran
Rice David $389,000 First American Title Ins Co
Hansel Donald C -- --
Hansel Donald C $296,888 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Barbara A $376,900
Closed Higgins Norman C $380,000
Previous Owner Rice David $525,000
Previous Owner Rice David E $100,000
Previous Owner Hansel Donald C $237,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $475,000 -2.5% $253 / Sq Ft
07/24/2018 07/24/18 Price Changed $487,000 0.0% $259 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $487,000 -- $259 / 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 $1,994 $39,838 -- --
2024 $1,898 $37,941 -- --
2023 $1,898 $47,170 $9,430 $37,740
2022 $1,849 $41,270 $8,250 $33,020
2021 $2,053 $38,110 $7,620 $30,490
2020 $2,016 $36,730 $7,340 $29,390
2019 $2,066 $34,310 $6,860 $27,450
2018 $2,056 $33,800 $6,760 $27,040
2017 $1,973 $31,850 $6,370 $25,480
2016 $1,687 $32,050 $6,410 $25,640
2015 $1,825 $26,480 $5,290 $21,190
Source: Public Records

Agents Affiliated with this Home

  • Mary Buchli

    Seller's Agent in 2018

    Mary Buchli

    Stratton Vantage Property Management

    (480) 440-6134

    121 Total Sales

    Mary Buchli
    Section Image
  • Jay Schlum

    Buyer's Agent in 2018

    Jay Schlum

    RE/MAX

    (602) 301-7855

    105 in this area

    143 Total Sales

    Jay Schlum
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5777952

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-24-815

Arizona Maricopa County Fountain Hills 85268

16540 E El Lago Blvd Unit 20, Fountain Hills, AZ

Homes for Sale in Fountain Hills, AZ

This home is located at 16540 E El Lago Blvd Unit 20, Fountain Hills, AZ 85268 since 08 June 2018 and is currently estimated at $727,146, approximately $386 per square foot. This property was built in 2001. 16540 E El Lago Blvd Unit 20 is a home located in Maricopa County with nearby schools including McDowell Mountain Elementary School and Fountain Hills Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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