NOT LISTED FOR SALE

16540 E El Lago Blvd Unit 4 Fountain Hills, AZ 85268

Estimated Value: $744,299 - $801,000

3 Beds
4 Baths
2,393 Sq Ft
$322/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $500,000 $209 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,865/month

119 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Private Yard
  • Fountain Hills Middle School Rated A-
  • Granite Countertops
  • Heated Community Pool

About This Home

As of September 2020

Welcome to Villa Estates At Town Center, an intimate Patio Home Community. Walking distance to Library, museum, restaurants and the famous fountain! Inviting front courtyard is additional outdoor living space. The admired floor plan is appealing to many, 3 Bed 4 Bath, Den, Formal Living and Dining. Charming and comfortable Casita has private entry. Kitchen boasts stainless steel appliances, gas stove, walk-in pantry and granite countertops. Updated Master Bath includes large walk-in shower. Covered back patio with screens offers a relaxing space for entertaining. 2 Car Garage. This gated community offers heated pool and spa, front yard is maintained by the HOA. If you choose to lock and leave this could be your home!

Last Listed By

Rhonda Dehnert

Windermere Real Estate & Property Management License #SA627879000 Listed on: 04/16/2020

Windermere Real Estate & Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,930

Year Built

  • Built in 2001

Lot Details

  • 2,857 Sq Ft Lot
  • 1 Common Wall
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,393 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Family Room with Fireplace
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 176-24-799

Community Details

Overview

  • Association fees include roof repair, insurance, pest control, ground maintenance, street maintenance, front yard maint, roof replacement, maintenance exterior
  • Villa Estates HOA, 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

$2,930

Year Built

Built in 2001

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Cross Street: Fountain Hills BLVD & El Lago Blvd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 300.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2001
  • Tax Year: 2019
  • Directions: East on El Lago, North into Villa Estates, go through gate, turn left, home on the left #4.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: cril23
  • Co List Office Phone: 480-346-7505
  • Subdivision Name: VILLA ESTATES AT TOWN CENTER CONDOMINIUMS
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 300.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 2393.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Community Spa: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard, Screened in Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool
  • Amenities: Management
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association Name: Villa Estates HOA
  • 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 HOA
  • 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:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street 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, Street Maint, 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: 2857.0
  • Parcel #: 176-24-799
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2930.0
  • Tax Book Number: 176.00
  • Tax Lot: 4
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
Sep 16, 2020
Sold by
Bender Guy
Bought by
Pedersen Kim A and Pedersen Kai
Seller's Agent
Rhonda Dehnert
Windermere Real Estate & Property Management
Buyer's Agent
Jody Sullins
Coldwell Banker Realty
List Price
$500,000
Sold Price
$500,000
Total Days on Market
119
Current Estimated Value
$771,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,075
Avg. Annual Appreciation
9.70%
Original Mortgage
$375,000
Outstanding Balance
$336,544
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$434,531

Purchase Details

Closed on
Feb 28, 2019
Sold by
Bender Carol J and Bender Donald
Bought by
Bender Guy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2012
Closed on
Feb 11, 2013
Sold by
Paget John E and Paget Naomi K
Bought by
Bender Carol J and Bender Donald
Seller's Agent
Sal Cartagine
Homestree Realty
Buyer's Agent
Philip Gaziano
MCO Realty
List Price
$429,900
Sold Price
$400,000
Premium/Discount to List
-$29,900
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
Mar 2, 2007
Sold by
Blumberg Richard J and Blumberg Barbara E
Bought by
Paget John E and Paget Naomi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2001
Sold by
Janaz Investments Llc
Bought by
Blumberg Richard J and Blumberg Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,450
Interest Rate
7.15%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Home in Fountain Hills, AZ

  • 16540 E El Lago Blvd Unit 2, Fountain Hills, AZ 85268

    $724,900

    • 2 Beds
    • 3 Baths
    • 2,040 Sq Ft
    • 16540 E El Lago Blvd
    • Unit 2
    • Fountain Hills, AZ

    Nestled within the prestigious gated community of Villa Estates in Fountain Hills, Arizona, this stunning 2-bedroom, 3-bathroom residence redefines elegance on a premium corner lot. Spanning over 2,000 square feet, this sought after design boasts mountain views and lush green landscaping, offering a serene escape just steps from Fountain Park, downtown restaurants, shops, festivals, community

    Lori Gray Keller Williams Arizona Realty

    Section Image

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
Pedersen Kim A $500,000 Grand Canyon Title Agency
Bender Guy $450,000 Security Title Agency Inc
Bender Carol J $400,000 First American Title Ins Co
Paget John E $550,000 Grand Canyon Title Agency In
Blumberg Richard J $282,401 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedersen Kim A $375,000
Previous Owner Bender Guy $300,000
Previous Owner Paget John E $350,000
Previous Owner Blumberg Richard J $233,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $500,000 0.0% $209 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $500,000 0.0% $209 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
05/21/2020 05/21/20 Price Changed $500,000 -1.8% $209 / Sq Ft
04/16/2020 04/16/20 For Sale $509,000 +27.3% $213 / Sq Ft
03/10/2013 03/10/13 Sold $400,000 -7.0% $167 / Sq Ft
11/18/2012 11/18/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $429,900 -- $180 / 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 $2,985 $49,854 -- --
2024 $2,759 $47,480 -- --
2023 $2,759 $51,330 $10,260 $41,070
2022 $2,700 $44,770 $8,950 $35,820
2021 $2,935 $41,610 $8,320 $33,290
2020 $2,879 $40,100 $8,020 $32,080
2019 $2,930 $37,510 $7,500 $30,010
2018 $2,918 $37,070 $7,410 $29,660
2017 $2,809 $35,050 $7,010 $28,040
2016 $2,475 $35,330 $7,060 $28,270
2015 $2,573 $32,820 $6,560 $26,260
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6066625

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-24-799