NOT LISTED FOR SALE

16540 E El Lago Blvd Unit 9 Fountain Hills, AZ 85268

Estimated Value: $772,549

3 Beds
3 Baths
2,081 Sq Ft
$250/mo HOA Fee

Last Sold March 20, 2019

Last sale price $485,000 $233 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,717/month

27 Days on Market

Highlights

  • Gated Community
  • Two Primary Bathrooms
  • Private Yard
  • Fountain Hills Middle School Rated A-
  • Granite Countertops
  • Heated Community Pool

About This Home

As of March 2019

One of VILLA ESTATES Finest Homes. This 3 BR & 3 BA Home is Gorgeous from the Beautiful Front Courtyard to the Large Private Screen Porch in the rear. Extensive remodel includes Kitchen Cabinets, Granite Tops, and Appliances. New Entertainment Center & Beverage Cooler. Beautiful, Quality Flooring throughout. The Family Room is set up with a Large Flat Screen TV and Gaming/Card Table. Double car garage with epoxy floor and storage cabinets. Villa Estates is a perfectly maintained Gated Community with a beautiful Pool & Spa and only 46 Homes. The Location is perfect--close to the Community Center, Library, and Museum. Walk to restaurants and the Famous FOUNTAIN.

Last Listed By

Tiffany Carlson-Richison

Realty ONE Group Brokerage Phone: 480-215-1105 License #BR556807000 Listed on: 01/25/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,505

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
  • Private Yard

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Unassigned Parking

Home Design

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

Interior Spaces

  • 2,081 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • No Interior Steps
  • Screened Patio

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 176-24-804

Community Details

Overview

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

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,505

Year Built

Built in 2001

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Cross Street: LaMontana and El Lago Blvd
  • 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: 250.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Tax Year: 2018
  • Directions: From Fountain Hills Blvd and EL Lago, go East --Villa Estates is just West of LaMontana. Turn North in to Security Gate.
  • Attribution Contact: 480-215-1105
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.01
  • Co List Office Mls Id: reog01
  • Co List Office Phone: 480-315-1240
  • Subdivision Name: Villa Estates at Town Center
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 250.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • 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, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 2081.0
  • Stories: 1
  • 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
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Unassigned
  • 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
  • Parking Features:Unassigned Parking: Yes

Utilities

  • Cooling: Ceiling Fan(s), 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 Pool Htd
  • 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: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 #: 176-24-804
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Visser

Tax Info

  • Tax Annual Amount: 2505.0
  • Tax Book Number: 176.00
  • Tax Lot: 9
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2019
Closed on
Mar 13, 2019
Sold by
Gaspard Virginia R and Gaspard Revocable T Virginia R
Bought by
Ajax Erick S and Olsen Kristen E
Seller's Agent
Tiffany Carlson-Richison
Realty ONE Group
Buyer's Agent
Don Barar
HomeSmart
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%
Total Days on Market
27
Current Estimated Value
$772,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,549
Avg. Annual Appreciation
7.80%
Original Mortgage
$2,900,000
Outstanding Balance
$1,947,477
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
-$1,174,928

Purchase Details

Closed on
Feb 5, 2018
Sold by
Gaspard Virginia R
Bought by
Gaspard Virginia R

Purchase Details

Closed on
Dec 1, 2014
Sold by
Palizzi H Michael
Bought by
Gaspard Patrick A and Gaspard Virginia R

Purchase Details

Closed on
Jan 30, 2013
Sold by
Palizzi H Michael and Palizzi Carol
Bought by
Palizzi H Michael

Purchase Details

Listed on
Aug 9, 2011
Closed on
Jan 24, 2012
Sold by
Marek Harry F and Harry F Marek 2007 Qualified P
Bought by
Pelizzi H Michael and Palizzi Carol
Seller's Agent
Lisa Murray
Russ Lyon Sotheby's International Realty
Buyer's Agent
Dori Wittrig
RE/MAX Sun Properties
List Price
$365,000
Sold Price
$320,000
Premium/Discount to List
-$45,000
-12.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$125,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2011
Sold by
Marek Harry F
Bought by
Marek Harry F and The Patricia A Marek Family Trust A

Purchase Details

Closed on
Sep 24, 2007
Sold by
Marek Harry F
Bought by
Marek Harry F and Harry F Marek Qualified Person

Purchase Details

Closed on
Jun 5, 2007
Sold by
Spedl Gary F and Spedl Bonnie K
Bought by
Marek Patricia A

Purchase Details

Closed on
Feb 4, 2004
Sold by
Blackburn Robert R and Blackburn Elizabeth A
Bought by
Spedl Gary F and Spedl Bonnie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 31, 2001
Sold by
Janaz Investments Llc
Bought by
Blackburn Robert R and Blackburn Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,600
Interest Rate
6.91%
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
Ajax Erick S $485,000 First American Title Ins Co
Gaspard Virginia R -- None Available
Gaspard Patrick A $410,000 First American Title Ins Co
Palizzi H Michael -- None Available
Pelizzi H Michael $320,000 Fidelity National Title Agen
Marek Harry F -- None Available
Marek Harry F -- None Available
Marek Harry F -- None Available
Marek Patricia A -- None Available
Marek Patricia A -- None Available
Marek Patricia A -- None Available
Marek Patricia A $479,500 Grand Cyn Title Agency Inc
Spedl Gary F $307,500 First American Title Ins Co
Blackburn Robert R $258,958 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajax Erick S $2,900,000
Previous Owner Pelizzi H Michael $125,000
Previous Owner Spedl Gary F $100,000
Previous Owner Blackburn Robert R $90,000
Previous Owner Blackburn Robert R $168,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2019 03/20/19 Sold $485,000 -3.0% $233 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $499,900 +56.2% $240 / Sq Ft
01/31/2012 01/31/12 Sold $320,000 -2.7% $154 / Sq Ft
01/03/2012 01/03/12 Pending -- -- --
11/17/2011 11/17/11 Price Changed $329,000 -6.0% $158 / Sq Ft
10/19/2011 10/19/11 Price Changed $350,000 -2.5% $168 / Sq Ft
09/25/2011 09/25/11 Price Changed $359,000 -1.6% $173 / Sq Ft
08/09/2011 08/09/11 For Sale $365,000 -- $175 / 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 $1,710 $42,798 -- --
2024 $2,039 $40,760 -- --
2023 $2,039 $48,610 $9,720 $38,890
2022 $1,987 $42,470 $8,490 $33,980
2021 $2,206 $39,330 $7,860 $31,470
2020 $2,166 $37,900 $7,580 $30,320
2019 $2,219 $35,420 $7,080 $28,340
2018 $2,505 $34,960 $6,990 $27,970
2017 $2,412 $32,980 $6,590 $26,390
2016 $2,125 $33,210 $6,640 $26,570
2015 $2,209 $28,770 $5,750 $23,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5873102

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-24-804