$100,000
SOLD MAY 1, 2013

503 S Palo Verde Way Unit 8 Mesa, AZ 85208

Fountain of the Sun Neighborhood
2 Beds
2 Baths
1,032 Sq Ft
1978 Built

Recently Sold

$97 Per Sq Ft

5% Below List Price

14 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Heated Community Pool
  • Franklin at Brimhall Elementary School Rated A
  • End Unit
  • Covered Patio or Porch

About This Home

As of April 2021

Active Adult 55+ Gated Community, FOUNTAIN OF THE SUN! Enjoy this Country Club & Golf Community offering lakes, billiards, top of the line golf course, restaurant, post office, you name it we have it here! Lots of planned activities, yoga, arts & crafts, card room, shuffleboard, etc. Lovely end unit! Grassy area in front with a private back patio. Window in living room, split bedroom floor plan. Ready for move-in!

Last Agent to Sell the Property

Kim Webster

HomeSmart License #SA540465000 Listed on: 03/12/2013

HomeSmart

Last Buyer's Agent

Kim Webster

HomeSmart License #SA540465000 Listed on: 03/12/2013

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $738

Year Built

  • Built in 1978

Lot Details

  • 109 Sq Ft Lot
  • 1 Common Wall
  • Desert faces the back of the property
  • Grass Covered Lot

HOA Fees

  • $214 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

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

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 218-54-740-A

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, front yard maint, trash, water, maintenance exterior
  • Brown Mgmt Association, Phone Number (480) 539-1396
  • Built by UDC
  • Fountain Of The Sun Subdivision, Cypress Point Floorplan

Recreation

  • Golf Course Community
  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$738

Year Built

Built in 1978

Lot Details

0

HOA Fees

$214 per month

Listing Details

  • Cross Street: 80th St & Broadway
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 214.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 1978
  • Tax Year: 2012
  • Directions: Enter at main gate off 80th St & Broadway. Ask gate guard for map & directions.
  • Master Model: Cypress Point
  • Property Sub Type: Patio Home
  • Horses: No
  • Subdivision Name: Fountain of the Sun
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 214.0
  • Dining Area:Breakfast Bar: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 3/4 Bath Master Bdrm
  • Living Area: 1032.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:On-Site Guard: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Back, Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Security: Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Guarded Entry, Golf
  • Amenities: Management
  • Association Fee: 214.0
  • Association Fee Frequency: Monthly
  • Association Name: Brown Mgmt
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Brown Mgmt
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1175.0
  • 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:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Maintenance Exterior

Schools

  • Elementary School: Adult
  • High School: Adult
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 109.0
  • Parcel #: 218-54-740-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UDC

Tax Info

  • Tax Annual Amount: 738.0
  • Tax Book Number: 218.00
  • Tax Lot: 8
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 21, 2021
Sold by
Mcphail Martin B and Mcphail Eileen K
Bought by
Morton Susan Colleen and Morton Adam Donald
Seller's Agent
Mary Newton
Keller Williams Integrity First
Buyer's Agent
Jason Spitler
Realty ONE Group
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$267,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,927
Avg. Annual Appreciation
6.06%
Original Mortgage
$147,000
Outstanding Balance
$134,531
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$137,835

Purchase Details

Listed on
Nov 20, 2018
Closed on
Jan 25, 2019
Sold by
Richardson Karissa and The Estate Of Marvin W Bendlin
Bought by
Mcphail Martin B and Mcphail Eileen K
Seller's Agent
Kim Webster
HomeSmart
Buyer's Agent
Georgette Baggett
1st Class Property Experts, LLC.
List Price
$154,900
Sold Price
$154,000
Premium/Discount to List
-$900
-0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.85%

Purchase Details

Listed on
Mar 12, 2013
Closed on
Apr 19, 2013
Sold by
Schur Lois
Bought by
Bendlin Marvin W
Seller's Agent
Kim Webster
HomeSmart
Buyer's Agent
Kim Webster
HomeSmart
List Price
$104,900
Sold Price
$100,000
Premium/Discount to List
-$4,900
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%

Purchase Details

Closed on
Mar 29, 2012
Sold by
Schur Lois
Bought by
Schur Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,302
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2004
Sold by
Schur Ronald
Bought by
Schur Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2004
Sold by
Friesen Nora Jean
Bought by
Schur Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2002
Sold by
Mcintyre David J
Bought by
Friesen Nora Jean
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Warranty Deed $210,000 Wfg National Title Ins Co
Warranty Deed $154,000 Empire West Title Agency Llc
Cash Sale Deed $100,000 First Arizona Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Transnation Title Ins Co
Warranty Deed $79,000 Transnation Title Ins Co
Warranty Deed $68,500 Land Title Agency Of Az Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $147,000 New Conventional
Previous Owner $50,000 Purchase Money Mortgage
Previous Owner $50,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $210,000 0.0% $203 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $210,000 +36.4% $203 / Sq Ft
01/31/2019 01/31/19 Sold $154,000 -0.6% $149 / Sq Ft
12/01/2018 12/01/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $154,900 +54.9% $150 / Sq Ft
05/01/2013 05/01/13 Sold $100,000 -4.7% $97 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $104,900 -- $102 / 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 $882 $12,160 -- --
2024 $1,022 $11,581 -- --
2023 $1,022 $17,560 $3,510 $14,050
2022 $999 $14,330 $2,860 $11,470
2021 $1,027 $12,660 $2,530 $10,130
2020 $1,179 $11,570 $2,310 $9,260
2019 $1,101 $10,070 $2,010 $8,060
2018 $1,057 $9,210 $1,840 $7,370
2017 $1,026 $8,500 $1,700 $6,800
2016 $1,003 $7,870 $1,570 $6,300
2015 $946 $7,730 $1,540 $6,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4903310

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-54-740A