NOT LISTED FOR SALE

507 S Palo Verde Way Unit 45 Mesa, AZ 85208

Fountain of the Sun Neighborhood

Estimated Value: $187,000 - $202,293

1 Bed
1 Bath
616 Sq Ft
$321/Sq Ft Est. Value

About This Home

This home is located at 507 S Palo Verde Way Unit 45, Mesa, AZ 85208 and is currently estimated at $197,823, approximately $321 per square foot. 507 S Palo Verde Way Unit 45 is a home located in Maricopa County with nearby schools including Jefferson Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2024
Sold by
Justis Daniel
Bought by
Smeltzer Ila
Current Estimated Value
$197,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,250
Outstanding Balance
$172,012
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$30,709

Purchase Details

Closed on
Jan 14, 2020
Sold by
Dean Bruce E and The Dean Family Living Trust
Bought by
Justis Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2011
Sold by
Enterprise Bank & Trust
Bought by
Dean Bruce E and Dean Kaylee C

Purchase Details

Closed on
Dec 8, 2010
Sold by
Bell Eighteen Arizona Llc
Bought by
Enterprise Bank & Trust

Purchase Details

Closed on
Mar 28, 2005
Sold by
Wehnau Ralph E
Bought by
Lerner Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,675
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2005
Sold by
Kepes Lerner Susan
Bought by
Lerner Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,675
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 1997
Sold by
Wozniak Ernest
Bought by
Johnson Nancy Pierce
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Smeltzer Ila $205,000 Sunbelt Title Agency
Justis Daniel $125,000 Fidelity Natl Ttl Agcy Inc
Dean Bruce E $49,900 Driggs Title Agency Inc
Enterprise Bank & Trust $75,000 None Available
Lerner Frank $55,000 Stewart Title & Trust Of Pho
Lerner Frank -- Stewart Title & Trust Of Pho
Johnson Nancy Pierce $78,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smeltzer Ila $174,250
Previous Owner Justis Daniel $112,500
Previous Owner Lerner Frank $67,675
Source: Public Records

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 $703 $8,466 -- --
2024 $711 $8,063 -- --
2023 $711 $14,270 $2,850 $11,420
2022 $696 $11,800 $2,360 $9,440
2021 $715 $10,130 $2,020 $8,110
2020 $821 $8,870 $1,770 $7,100
2019 $767 $7,520 $1,500 $6,020
2018 $736 $6,850 $1,370 $5,480
2017 $714 $6,420 $1,280 $5,140
2016 $701 $5,860 $1,170 $4,690
2015 $659 $5,780 $1,150 $4,630
Source: Public Records

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