$400,000
SOLD MAR 10, 2013

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

3 Beds
4 Baths
2,393 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$167 Per Sq Ft

7% Below List Price

165 Days on Market

Highlights

  • Guest House
  • Two Primary Bedrooms
  • Mountain View
  • Fountain Hills Middle School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of September 2020

Villa Estates is a Gated Community of Single Level Homes with Sophisticated Charm blending the Best of Both Worlds, the Quiet Elegance of the French Countryside and the Active AZ Lifestyle. Walk to the Library, Post Office, Shopping and ''World Famous Fountain''! Perfect lock & leave home,HOA maintains all landscaping. Model Like Villa has Front Courtyard, 4 BR & 4 Full Bths, Inc Separate Casita. Architecturally Unique Style has a Graceful Deep Green Slate Tile Pitched Roof with Smooth Finished Stucco.. Luxurious! Custom Window Treatments, Solid Granite Kitchen Counter Tops w/Island,Hickory Wood Cabinets, Natural Gas,Stove,Diagonal 20'' Tile, Office with Built-in Bookcases, Alarm, Central Vacuum,Screened Porch,Community Heated Pool, Spa And Cabana

Last Agent to Sell the Property

Sal Cartagine

Homestree Realty License #BR104190000 Listed on: 06/06/2012

Last Buyer's Agent

Philip Gaziano

MCO Realty License #SA502392000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,985

Year Built

  • Built in 2001

Lot Details

  • Private Streets
  • Desert faces the back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Desert Landscape
  • Private Yard

Home Design

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

Interior Spaces

  • 2,393 Sq Ft Home
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Family Room with Fireplace
  • Formal Dining Room
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Covered patio or porch
  • Arizona Room

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Guest House

Community Details

Overview

  • $1,431 per year Dock Fee
  • Association fees include blanket insurance policy, common area maintenance, exterior maintenance of unit, front yard maint, pest control, roof repair, street maintenance
  • Located in the Villa Estates master-planned community

Recreation

  • Heated Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,985

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Tax Municipality: Fountain Hills
  • Cross Street: El Lago & La Montana
  • Legal Info Lot Number: 4
  • Legal Info Range: 6E
  • Legal Info Section: 15
  • Legal Info Township: 3N
  • Property Type: A
  • Unit Style: All on One Level, No Common Walls
  • Technology: 3+ Exist Tele Lines, Cable TV Avail, High Speed Internet Available, Security Sys Owned
  • Assessor Parcel Number: 799.00
  • Hndrd Blk Directionl: E
  • Hundred Block: 16000
  • Legal Description Abbrev: VILLA ESTATES AT TOWN CENTER CONDOMINIUMS
  • Marketing Name: Villa Estates
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: 2 Master Bdrms, Mstr Bdr Walkin Clst
  • Assessor Parcel Number: 176-24-799
  • Capital Improvement Impact Fee Dollar Percent: $
  • HOA Association Fee: 200.00
  • HOA Paid Frequency: Monthly
  • HOA Fees: Y
  • Total Monthly Fee Equivalent: 200.00
  • Association Rules: Pets OK (See Rmrks)
  • Construction Finish: Painted, Stucco
  • Dwelling Type: Patio Home
  • Encoded Features: 34FRDXQO2G
  • Map Code Grid: L40
  • Primary Bathroom Type: Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Planned Comm Name: Villa Estates
  • Price per Sq Ft: 167.15
  • Property Group Id: 19990816212109142258000000
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2001
  • Tax Year: 2011
  • Directions: North From Shea Blvd on Fountain Hills Blvd, go south (right)on El Lago and turn left at Villa Estates. Home is on the left. Gates Open from dawn to dusk.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Soft Water Loop, Water Softener Owned
  • Bedrooms: 3
  • Bedrooms Plus: 4.00
  • Other Rooms: Arizona Room/Lanai, Family Room, Guest Qtrs-Sep Entrn
  • Bathrooms: 4.00
  • Laundry: Inside, Wshr/Dry HookUp Only
  • Flooring: Carpet, Tile
  • Fireplace: 1 Fireplace, Fireplace Family Rm
  • Master Bedroom Type: Split
  • Dining Area: Dining in LR/GR, Eat-in Kitchen, Formal
  • Estimated Lot Sq Ft: 2857.00
  • Estimated Sq Ft: 2393.00
  • Kitchen Features: Dishwasher, Disposal, Kitchen Island, Pantry, Refrigerator
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Pool: Community Only
  • Landscaping: Desert Back, Grass Front
  • Roofing: Tile
  • Fencing: Block, Wrought Iron
  • Construction: Frame - Wood
  • Exterior Features: Covered Patio(s), Patio, Private Street(s), Pvt Yrd(s)/Crtyrd(s), Screened in Patio(s), Separate Guest House
  • Pool Private: No Pool

Garage/Parking

  • Parking Features: Electric Door Opener

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: McDowell Mountain Elementary School
  • Middle School: Four Peaks Elementary School - Fountain Hills
  • High School: Fountain Hills High School
  • Elementary School: McDowell Mountain Elementary School
  • High School: Fountain Hills High School
  • Jr High School: Four Peaks Elementary School - Fountain Hills

Lot Info

  • Property Description: Mountain View(s)

Building Info

  • Builder Name: Unkown

Tax Info

  • Taxes: 1431.00

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
Current Estimated Value
$787,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,122
Avg. Annual Appreciation
9.87%
Original Mortgage
$375,000
Outstanding Balance
$336,544
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$453,455

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
5.64%

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
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
Warranty Deed $500,000 Grand Canyon Title Agency
Warranty Deed $450,000 Security Title Agency Inc
Cash Sale Deed $400,000 First American Title Ins Co
Warranty Deed $550,000 Grand Canyon Title Agency In
Warranty Deed $282,401 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $233,450 New Conventional
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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4770394

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-24-799