NOT LISTED FOR SALE

507 S Palo Verde Way Mesa, AZ 85208

Fountain of the Sun Neighborhood

Estimated Value: $242,000 - $281,000

2 Beds
2 Baths
1,032 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $108,000 $105 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,669/month

54 Days on Market

Highlights

  • Gated with Attendant
  • RV Parking in Community
  • Heated Community Pool
  • Franklin at Brimhall Elementary School Rated A
  • Clubhouse
  • Patio

About This Home

As of August 2016

Great deal on this patio home in highly desirable Fountain of the Sun! 2 bed 1.75 bath patio home. Active Adult 55+ gated community. Enjoy this country club & golf community offering lakes, billiards, top of the line golf course, post office, you name it, we have it here! Lots of planned activities: pickle ball, yoga, arts & crafts, card room, shuffleboard, on site Rochester's restaurant which is open daily.THIS IS A NO PET AREA

Last Agent to Sell the Property

Kim Webster

HomeSmart License #SA540465000 Listed on: 06/16/2016

HomeSmart

Last Buyer's Agent

Janice Lisy-Anderson

My Home Group Real Estate License #SA018918000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $805

Year Built

  • Built in 1978

Lot Details

  • 110 Sq Ft Lot
  • Two or More Common Walls
  • Desert faces the front and back of the property

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 7 / 400S
  • Assessor Parcel Number 218-54-739-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 Comm Mgmnt Association, Phone Number (480) 539-1396
  • Fosca Association, Phone Number (480) 380-4000
  • Association Phone (480) 380-4000
  • Built by UDC
  • Fountain Of The Sun Parcel 9 Phase 1 Subdivision
  • RV Parking in Community

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$805

Year Built

Built in 1978

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Cross Street: Broadway & 80th Street
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: FOSCA
  • HOA #2 Phone Number: 480-380-4000
  • HOA #2 Transfer Fee: 185.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 240.0
  • Basement: N
  • Items Updated Floor Yr Updated: 2011
  • Items Updated Kitchen Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1978
  • Tax Year: 2015
  • Directions: Enter at main gate off of Broadway & 80th Street. Ask gate guard for map and directions.
  • Property Sub Type: Patio Home
  • Horses: No
  • Subdivision Name: FOUNTAIN OF THE SUN PARCEL 9 PHASE 1
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 240.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 1032.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Gated Community2: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Patio
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Guarded Entry, Clubhouse
  • Amenities: Management, RV Parking
  • Association #2 Fee Frequency: Annually
  • Association Fee: 240.0
  • Association Fee Frequency: Monthly
  • Association: FOSCA
  • Association Name: Brown Comm Mgmnt
  • Association Phone #2: 480-380-4000
  • 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 Comm Mgmnt
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1250.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Annually
  • 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: 110.0
  • Parcel #: 218-54-739-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UDC

Tax Info

  • Tax Annual Amount: 805.0
  • Tax Block: 400S
  • Tax Book Number: 218.00
  • Tax Lot: 7
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2016
Closed on
Aug 9, 2016
Sold by
Jarrell Jerry Lynn and Jarrell Dennis Keith
Bought by
Moore Chung J
Seller's Agent
Kim Webster
HomeSmart
Buyer's Agent
Janice Lisy-Anderson
My Home Group Real Estate
List Price
$112,000
Sold Price
$108,000
Premium/Discount to List
-$4,000
-3.57%
Current Estimated Value
$254,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,778
Avg. Annual Appreciation
10.06%

Purchase Details

Closed on
Dec 15, 2009
Sold by
Berens Gladys M
Bought by
Berens Gladys M and The Gladys M Berens Living Trust

Purchase Details

Closed on
Jan 10, 2006
Sold by
Jarrell James C and Jarrell Alice
Bought by
Jarrell James C and The James C Jarrell Revocable Trust

Purchase Details

Closed on
Dec 20, 2004
Sold by
Olson Marguerite
Bought by
Galloway Sandra L
Source: Public Records

Range of Values:

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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
Moore Chung J $108,000 First American Title Ins Co
Berens Gladys M -- None Available
Jarrell James C -- None Available
Galloway Sandra L $93,500 Ticor Title Agency Of Az Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $108,000 -3.6% $105 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $112,000 -- $109 / 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 $1,010 $12,160 -- --
2024 $1,022 $11,581 -- --
2023 $1,022 $17,530 $3,500 $14,030
2022 $999 $14,310 $2,860 $11,450
2021 $1,027 $12,630 $2,520 $10,110
2020 $1,013 $11,570 $2,310 $9,260
2019 $939 $10,070 $2,010 $8,060
2018 $897 $9,210 $1,840 $7,370
2017 $869 $8,500 $1,700 $6,800
2016 $853 $7,870 $1,570 $6,300
2015 $805 $7,730 $1,540 $6,190
Source: Public Records

Agents Affiliated with this Home

  • Kim Webster

    Seller's Agent in 2016

    Kim Webster

    HomeSmart

    (480) 226-7144

    117 in this area

    118 Total Sales

    Kim Webster
    Section Image
  • Janice Lisy-Anderson

    Buyer's Agent in 2016

    Janice Lisy-Anderson

    My Home Group Real Estate

    (602) 885-0965

    18 Total Sales

    Janice Lisy-Anderson
    Section Image

  • J

    Buyer's Agent in 2016

    Janice A. Lisy-Anderson

    Realty Executives

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5459029

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-54-739A

Arizona Maricopa County Mesa 85208 Fountain of the Sun

507 S Palo Verde Way, Mesa, AZ

This home is located at 507 S Palo Verde Way, Mesa, AZ 85208 since 16 June 2016 and is currently estimated at $254,778, approximately $246 per square foot. This property was built in 1978. 507 S Palo Verde Way is a home located in Maricopa County with nearby schools including Jefferson Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary 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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