$370,000
SOLD JUL 15, 2015

16540 E El Lago Blvd Unit 7 Fountain Hills, AZ 85268

3 Beds
2 Baths
1,854 Sq Ft
285 Sq Ft Lot

Recently Sold

$200 Per Sq Ft

10% Below List Price

118 Days on Market

Highlights

  • Gated Community
  • Living Room with Fireplace
  • Heated Community Pool
  • Fountain Hills Middle School Rated A-
  • Wood Flooring
  • Covered patio or porch

About This Home

As of March 2020

PRICE REDUCED! Single Level Patio Home in one of Fountain Hills best Gated Communities. Sharp open floor plan with 3 Way Gas Fireplace, Tile Floors in Kitchen/Dining Room/Living Room, Plantation Shutters, Screened Patio off Master BR, Covered Patio off Kitchen, Stainless Steel Appliances, and Wood Floors in all Bedrooms. Beautiful Pool & Spa Community Area. Classy Community with those Beautiful Chinese Slate Roofs! Just a short walk to the Town's Shops, Restaurants, and the WORLD FAMOUS FOUNTAIN.

Last Agent to Sell the Property

Rusty Lawrence

Realty ONE Group License #SA521745000 Listed on: 02/23/2015

Last Buyer's Agent

Diane Graham

Coldwell Banker Realty License #SA530082000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 2001

Lot Details

  • 285 Sq Ft Lot
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $250 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

  • 1,854 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Two Way Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 176-24-802

Community Details

Overview

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

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,397

Year Built

Built in 2001

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Cross Street: La Montana & 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: 250.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Tax Year: 2014
  • Directions: Take EL Lago west one block from La Montana to Villa Estates Gate.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: Villa Estates at Town Center
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 250.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Two Way Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1854.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Screened in Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool
  • 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: 250.0
  • 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: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: 285.0
  • Parcel #: 176-24-802

Building Info

  • Builder Name: Visser

Tax Info

  • Tax Annual Amount: 1397.0
  • Tax Book Number: 176.00
  • Tax Lot: 7
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2021
Sold by
Dohrmann Jill S
Bought by
Dohrmann Jill S and Jsd Trust
Current Estimated Value
$712,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2019
Closed on
Mar 23, 2020
Sold by
Harr Richard W and The Richard Revocable Trust
Bought by
Dohrmann Jill S
Seller's Agent
Diane Graham
Coldwell Banker Realty
Buyer's Agent
Melinda Stanton
MCO Realty
List Price
$470,000
Sold Price
$460,000
Premium/Discount to List
-$10,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$337,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2017
Sold by
Harr Richard W and Harr Gloria J
Bought by
Harr Richard W

Purchase Details

Listed on
Feb 23, 2015
Closed on
Jun 29, 2015
Sold by
Hodges Mary L
Bought by
Harr Richard W and Harr Gloria J
Seller's Agent
Rusty Lawrence
Realty ONE Group
Buyer's Agent
Diane Graham
Coldwell Banker Realty
List Price
$410,000
Sold Price
$370,000
Premium/Discount to List
-$40,000
-9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Apr 21, 2003
Sold by
Schuttenhelm Robert E and Schuttenhelm Patricia L
Bought by
Hodges Robert C and Hodges Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2001
Sold by
Janaz Investments Llc
Bought by
Schuttenhelm Robert E and Schuttenhelm Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.09%
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
Interfamily Deed Transfer -- None Available
Warranty Deed $480,000 Grand Canyon Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Cash Sale Deed $370,000 First Arizona Title Agency
Warranty Deed $290,000 Fidelity National Title
Special Warranty Deed $238,900 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $428,000 New Conventional
Closed $337,000 New Conventional
Closed $337,500 New Conventional
Previous Owner $296,250 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $210,000 New Conventional
Previous Owner $175,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 Sold $460,000 0.0% $248 / Sq Ft
02/27/2020 02/27/20 Off Market $460,000 -- --
02/06/2020 02/06/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $470,000 +2.2% $254 / Sq Ft
12/18/2019 12/18/19 Off Market $460,000 -- --
11/21/2019 11/21/19 For Sale $470,000 +27.0% $254 / Sq Ft
07/15/2015 07/15/15 Sold $370,000 -7.5% $200 / Sq Ft
06/21/2015 06/21/15 Pending -- -- --
03/16/2015 03/16/15 Price Changed $399,900 -2.5% $216 / Sq Ft
02/23/2015 02/23/15 For Sale $410,000 -- $221 / 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 $1,661 $39,269 -- --
2024 $1,871 $37,399 -- --
2023 $1,871 $47,050 $9,410 $37,640
2022 $1,823 $41,170 $8,230 $32,940
2021 $2,024 $38,000 $7,600 $30,400
2020 $1,987 $36,620 $7,320 $29,300
2019 $2,308 $34,210 $6,840 $27,370
2018 $2,299 $33,650 $6,730 $26,920
2017 $2,213 $31,710 $6,340 $25,370
2016 $1,863 $31,920 $6,380 $25,540
2015 $1,521 $26,280 $5,250 $21,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5241257

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-24-802