NOT LISTED FOR SALE

508 S Palo Verde Way Unit 10 Mesa, AZ 85208

Fountain of the Sun Neighborhood

Estimated Value: $247,683 - $285,000

2 Beds
2 Baths
1,032 Sq Ft
$262/Sq Ft Est. Value

Last Sold August 17, 2017

Last sale price $152,500 $148 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,571/month

2 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Heated Spa
  • Franklin at Brimhall Elementary School Rated A
  • Gated with Attendant
  • RV Parking in Community

About This Home

As of August 2017

WOW! DO NOT MISS THIS TERRIFIC PROPERTY LOCATED IN FOUNTAIN OF THE SUN, a 55+ Guarded and Gated Community located in East Mesa. NEWLY UPDATED, OPEN FLOOR PLAN, END UNIT CONDO, 2 Bedroom 2 Bathroom, BRAND NEW SOFT CLOSE WHITE KITCHEN & BATHROOM CABINETS, GRANITE COUNTER TOPS, NEW SAMSUNG STAINLESS APPLIANCES, MARBLE BACKSPLASH, NEW LED CANNED LIGHTING, LARGE MASTER BEDROOM, WALK-IN CLOSET, NEW BATHROOM VANITIES WITH DUAL SINKS IN MASTER & GRANITE COUNTERS, NEW HIGH PROFILE DUAL FLUSH TOILETS, NEW PLANK TILE FLOORING, NEW CARPETING, NEW LED CEILING FANS AND LIGHTING THROUGHOUT, FRESHLY PAINTED INTERIOR, BEAUTIFUL COVERED TILED BACK PATIO, NEW EXTERIOR LED LIGHTING, READY TO MOVE IN RIGHT AWAY!!!

Last Agent to Sell the Property

Brent Heiden

Iannelli and Associates License #SA635800000 Listed on: 08/01/2017

Last Buyer's Agent

Lacey Lehman

Realty ONE Group License #SA563434000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,007

Year Built

  • Built in 1978

Lot Details

  • 109 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Block Wall Fence
  • Corner Lot
  • Sprinklers on Timer
  • Grass Covered Lot

Home Design

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

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Unassigned Parking

Pool

  • Heated Spa
  • Heated Pool

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 218-54-742-A

Community Details

Overview

  • Property has a Home Owners Association
  • Brown Mgmt Association, Phone Number (480) 539-1396
  • Fosca Association, Phone Number (480) 380-4000
  • Association Phone (480) 380-4000
  • Fountain Of The Sun Parcel 9 Phase 1 Subdivision
  • RV Parking in Community

Amenities

  • Clubhouse
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,007

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: Broadway Rd & 80th Street
  • Legal Info Range: 7E
  • Property Type: Residential
  • HOA #2 Name: FOSCA
  • HOA #2 Phone Number: 480-380-4000
  • 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
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2017
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2017
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2017
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2017
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1978
  • Tax Year: 2016
  • Directions: Enter at main gate off 80th St & Broadway. Ask gate guard for map and directions.
  • Property Sub Type: Patio Home
  • Subdivision Name: FOUNTAIN OF THE SUN PARCEL 9 PHASE 1
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 240.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Breakfast Bar, No Interior Steps, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 1032.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:On-Site Guard: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Corner Lot, Gravel/Stone Back, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Community, Heated, None
  • Disclosures: Agency Discl Req, 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
  • Parking Features: Unassigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Unassigned Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Security: Gated Community, Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Media Room, Guarded Entry, Golf, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Club, Membership Opt, Management, Rental OK (See Rmks), RV Parking
  • Association #2 Fee Frequency: Annually
  • Association Fee Frequency: Monthly
  • Association: FOSCA
  • Association Name: First Phase Parcel 9
  • 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: First Phase Parcel 9
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1275.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Mgmt
  • Association Fees:HOA Management Phone: 480-539-1396
  • 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

Schools

  • Elementary School: Adult
  • High School: Adult
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 109.0
  • Parcel #: 218-54-742-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1006.64
  • Tax Book Number: 218.00
  • Tax Lot: 10
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Aug 16, 2017
Sold by
Forrey Dale V and Forrey Janice E
Bought by
Forrey Dale V and Forrey Janice E
Seller's Agent
Brent Heiden
Iannelli and Associates
Buyer's Agent
Lacey Lehman
Realty ONE Group
List Price
$155,000
Sold Price
$152,500
Premium/Discount to List
-$2,500
-1.61%
Current Estimated Value
$270,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,671
Avg. Annual Appreciation
7.79%

Purchase Details

Listed on
Aug 1, 2017
Closed on
Aug 15, 2017
Sold by
Bredia Llc
Bought by
Forrey Dale V and Forrey Janice E
Seller's Agent
Brent Heiden
Iannelli and Associates
Buyer's Agent
Lacey Lehman
Realty ONE Group
List Price
$155,000
Sold Price
$152,500
Premium/Discount to List
-$2,500
-1.61%

Purchase Details

Closed on
May 31, 2017
Sold by
Bond Tracy L
Bought by
Bredia Llc

Purchase Details

Listed on
Oct 30, 2014
Closed on
Nov 25, 2014
Sold by
Slowiak Joan M and Bunetta Joan M
Bought by
Bond Tracy L
Seller's Agent
Brent Heiden
Iannelli and Associates
Buyer's Agent
Brent Heiden
Iannelli and Associates
List Price
$99,000
Sold Price
$94,000
Premium/Discount to List
-$5,000
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$75,200
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 1997
Sold by
Lafferty Doris E
Bought by
Bunetta Charlotte M and Bunetta Joan M

Purchase Details

Closed on
Mar 25, 1997
Sold by
Baum Russell O and Baum Veronica
Bought by
Lafferty Doris E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,800
Interest Rate
7.56%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Forrey Dale V -- None Available
Forrey Dale V $152,500 Great American Title Agency
Bredia Llc $99,000 First Arizona Title Agency
Bond Tracy L $94,000 First Arizona Title Agency
Bunetta Charlotte M $72,000 Security Title Agency
Lafferty Doris E $74,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bond Tracy L $75,200
Previous Owner Lafferty Doris E $51,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2017 08/17/17 Sold $152,500 -1.6% $148 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $155,000 +64.9% $150 / Sq Ft
12/22/2014 12/22/14 Sold $94,000 -5.1% $91 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
10/30/2014 10/30/14 For Sale $99,000 -- $96 / 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 $797 $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 $1,013 $11,570 $2,310 $9,260
2019 $939 $10,070 $2,010 $8,060
2018 $897 $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: 5640483

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-54-742A