NOT LISTED FOR SALE

16540 E El Lago Blvd Unit 6 Fountain Hills, AZ 85268

Estimated Value: $793,464

4 Beds
4 Baths
2,393 Sq Ft
$300/mo HOA Fee

Last Sold April 28, 2020

Last sale price $495,000 $207 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,921/month

2 Days on Market

Highlights

  • Guest House
  • Gated Community
  • Granite Countertops
  • Fountain Hills Middle School Rated A-
  • Hydromassage or Jetted Bathtub
  • Private Yard

About This Home

As of April 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 & the active AZ Lifestyle. Model-like 3-BR 3-BA main home has front courtyard plus separate entrance to completely self-contained, adjoining casita. Architecturally unique style has a graceful deep green slate tile pitched roof with luxurious smooth finished stucco. Custom window treatments, solid granite kitchen counters, gas stub for range, upgraded cabinets and tile, office/bedroom w/ double doors, security system, covered patio w/ sun screens, oversized 2-car garage, community heated pool, spa & cabana. Perfect lock & leave home, HOA maintains all landscaping. Walk to the library, post office, shopping & world-famous fountain.

Last Listed By

Martin Smith

Realty ONE Group License #SA555716000 Listed on: 03/27/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,585

Year Built

  • Built in 2001

Lot Details

  • 1 Common Wall
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,393 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Covered patio or porch
  • Guest House

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 176-24-801

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
  • Built by Visser Developement
  • Villa Estates At Town Center Condominiums Subdivision, Callais Floorplan

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,585

Year Built

Built in 2001

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Cross Street: El Lago and Fountain Hills Blvd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Condominium
  • 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 to community, turn north into security gate. Villa Estates is located just West of La Montana. Left after gate, follow drive to around #6 on left.
  • Master Model: Callais
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.07
  • 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: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Drink Wtr Filter Sys, Fire Sprinklers, No Interior Steps, Soft Water Loop, Double Vanity, Full Bth Master Bdrm, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 2393.0
  • Stories: 1
  • 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
  • Other Rooms:Great Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Painted, Stucco, Frame - Wood
  • Other Structures: Guest House
  • 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:Separate Guest House: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, 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
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Other, See Remarks, Electric, Natural Gas
  • Security: Security System Owned
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes
  • Heating:Electric: 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: 2858.0
  • Parcel #: 176-24-801
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Visser Developement

Tax Info

  • Tax Annual Amount: 2585.0
  • Tax Book Number: 176.00
  • Tax Lot: 6
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Apr 23, 2020
Sold by
Smith Mary W and Smith Family Trust
Bought by
Terzian Charles G and Terzian Helen M
Seller's Agent
Martin Smith
Realty ONE Group
Buyer's Agent
Micky Parker
Coldwell Banker Realty
List Price
$500,000
Sold Price
$495,000
Premium/Discount to List
-$5,000
-1%
Total Days on Market
2
Current Estimated Value
$793,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,464
Avg. Annual Appreciation
9.71%

Purchase Details

Closed on
Dec 3, 2003
Sold by
Stone Frank F and Peterson Carol Ann
Bought by
Smith Michael J and Smith Mary W

Purchase Details

Closed on
May 31, 2001
Sold by
Stone Frank F
Bought by
Stone Frank F and Shult Carol Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,984
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2001
Sold by
Janaz Investments Llc
Bought by
Stone Frank F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,984
Interest Rate
7.25%
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
Terzian Charles G $495,000 Old Republic Title Agency
Smith Michael J $345,000 First American Title Ins Co
Stone Frank F -- Fidelity Title
Stone Frank F $307,481 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Michael J $100,000
Previous Owner Stone Frank F $245,984
Closed Stone Frank F $30,748
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $495,000 -1.0% $207 / Sq Ft
03/27/2020 03/27/20 For Sale $500,000 -- $209 / 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 $2,145 $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 $2,585 $37,510 $7,500 $30,010
2018 $2,573 $37,070 $7,410 $29,660
2017 $2,469 $35,050 $7,010 $28,040
2016 $2,417 $35,330 $7,060 $28,270
2015 $2,283 $32,820 $6,560 $26,260
Source: Public Records

Agents Affiliated with this Home

  • Martin Smith

    Seller's Agent in 2020

    Martin Smith

    Realty One Group

    (602) 743-8872

    29 Total Sales

    Martin Smith
    Section Image
  • Micky Parker

    Buyer's Agent in 2020

    Micky Parker

    Coldwell Banker Realty

    (480) 201-2702

    11 in this area

    13 Total Sales

    Micky Parker
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6057440

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-24-801

Arizona Maricopa County Fountain Hills 85268

16540 E El Lago Blvd Unit 6, Fountain Hills, AZ

Homes for Sale in Fountain Hills, AZ

This home is located at 16540 E El Lago Blvd Unit 6, Fountain Hills, AZ 85268 since 27 March 2020 and is currently priced at $793,464, approximately $331 per square foot. This property was built in 2001. 16540 E El Lago Blvd Unit 6 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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