$94,000
SOLD DEC 22, 2014

508 S Palo Verde Way Unit 10 Mesa, AZ 85208

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

Recently Sold

$91 Per Sq Ft

5% Below List Price

6 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • Franklin at Brimhall Elementary School Rated A
  • Gated with Attendant
  • End Unit

About This Home

As of August 2017

ACCEPTING BACKUP OFFERS!! FULLY FURNISHED, 2 BED 2 BATH END UNIT CONDO IN 55 PLUS COMMUNITY OF FOUNTAIN OF THE SUN. OPEN FLOORPLAN AND READY FOR MOVE-IN RIGHT AWAY. WASHER/DRYER INCLUDED. EXTRA LARGE TILED PATIO AREA. DISHWASHER WAS NEVER USED. ROOFS WERE REDONE THIS SUMMER. COME ENJOY THE BEAUTIFUL AZ WEATHER AND BE CLOSE TO ALL THE AMENITIES THAT FOS HAS TO OFFER. DO NOT MISS THIS GREAT OPPORTUNITY! THIS IS A NO PET AREA.

Last Agent to Sell the Property

Brent Heiden

Iannelli and Associates License #SA635800000 Listed on: 10/30/2014

Last Buyer's Agent

Brent Heiden

Iannelli and Associates License #SA635800000 Listed on: 10/30/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $767

Year Built

  • Built in 1978

Lot Details

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

HOA Fees

  • $223 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

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

Interior Spaces

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

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

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

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, front yard maint, trash, water, maintenance exterior
  • Brown Community Association, Phone Number (480) 339-8820
  • Fosca Association, Phone Number (480) 380-4000
  • Association Phone (480) 380-4000
  • Built by UDC
  • Fountain Of The Sun Subdivision

Amenities

  • Clubhouse
  • 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

$767

Year Built

Built in 1978

Lot Details

0

HOA Fees

$223 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: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 223.0
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2004
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2005
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1978
  • Tax Year: 2014
  • Directions: Enter at main gate off 80th St & Broadway. Ask gate guard for map and directions.
  • Property Sub Type: Patio Home
  • Horses: No
  • Subdivision Name: Fountain of the Sun
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 223.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Furnished(See Rmrks), No Interior Steps, Pantry, 3/4 Bath Master Bdrm, High Speed Internet
  • 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
  • Community Features:Gated Community2: 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 Pantry: Yes
  • Community Features:On-Site Guard: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Desert Back, Grass Front
  • Pool Features: None
  • Pool Private: No
  • 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
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • 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, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management
  • Association #2 Fee Frequency: Annually
  • Association Fee: 223.0
  • Association Fee Frequency: Monthly
  • Association: FOSCA
  • Association Name: Brown Community
  • Association Phone #2: 480-380-4000
  • Phone: 480-339-8820
  • 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 Community
  • Association Fees:HOA Telephone4: 480-339-8820
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1200.0
  • 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: 109.0
  • Parcel #: 218-54-742-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UDC

Tax Info

  • Tax Annual Amount: 767.12
  • 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
$267,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,462
Avg. Annual Appreciation
7.45%

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
10.46%
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

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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $152,500 Great American Title Agency
Warranty Deed $99,000 First Arizona Title Agency
Warranty Deed $94,000 First Arizona Title Agency
Cash Sale Deed $72,000 Security Title Agency
Warranty Deed $74,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,200 New Conventional
Previous Owner $51,800 New Conventional
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

  • Brent Heiden

    Seller's Agent in 2017

    Brent Heiden

    Iannelli and Associates

    (480) 334-2553

    104 in this area

    138 Total Sales

    Section Image
  • Lacey Lehman

    Buyer's Agent in 2017

    Lacey Lehman

    Realty One Group

    (480) 703-6483

    9 in this area

    410 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5193025

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-54-742A

Arizona Maricopa County Mesa 85208 Fountain of the Sun

508 S Palo Verde Way Unit 10, Mesa, AZ

This home is located at 508 S Palo Verde Way Unit 10, Mesa, AZ 85208 and is currently priced at $94,000, approximately $91 per square foot. This property was built in 1978. 508 S Palo Verde Way Unit 10 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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