NOT LISTED FOR SALE

524 S Palo Verde Way Unit 135 Mesa, AZ 85208

Fountain of the Sun Neighborhood

Estimated Value: $246,000 - $274,000

2 Beds
2 Baths
1,032 Sq Ft
$251/Sq Ft Est. Value

Last Sold October 13, 2016

Last sale price $116,000 $112 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,507/month

14 Days on Market

Highlights

  • RV Parking in Community
  • Heating Available
  • 1-Story Property
  • Franklin at Brimhall Elementary School Rated A
  • Patio Home

About This Home

As of October 2016

Two Bedroom Patio Home in Fountain of the Sun, a guard-gated, active adult (55+) community. Great unit on quiet, private street. Split, 2-bedroom layout. Enjoy the front patio, and citrus trees just off the rear patio. Furnished. Fountain of the Sun has all the features you need, from an activities center, community pools, pickleball, shuffleboard, and even a post office! Inside the community is a restaurant with lounge, as well as a golf course, which are open to the public. No Pet Area!

Last Agent to Sell the Property

Terry Caldemeyer

The Virtual Realty Group License #SA532726000 Listed on: 09/03/2016

Last Buyer's Agent

Bradley Freeborn

Russ Lyon Sotheby's International Realty License #SA643696000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $946

Year Built

  • Built in 1978

Lot Details

  • 108 Sq Ft Lot

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
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Brown Community Mgmt Association, Phone Number (480) 339-8832
  • Fosca Association, Phone Number (480) 380-4000
  • Association Phone (480) 380-4000
  • Built by UDC
  • Fountain Of The Sun Parcel 9 Phase 1 Subdivision, Cypress Point Floorplan
  • RV Parking in Community

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 218-54-745-A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$946

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: Broadway & 80th St
  • 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
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1978
  • Tax Year: 2015
  • Directions: From Broadway, turn south on 80th St. to guard gate. Ask guard for map and directions.
  • Master Model: Cypress Point
  • Property Sub Type: Patio Home
  • 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: VirtualTour

Interior Features

  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm
  • Living Area: 1032.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Built-in Microwave: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management, Rental OK (See Rmks), RV Parking
  • Association #2 Fee Frequency: Annually
  • Association Fee Frequency: Monthly
  • Association: FOSCA
  • Association Name: Phase 1 Parcel 9 HOA
  • Association Phone #2: 480-380-4000
  • Phone: None
  • 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: Phase 1 Parcel 9 HOA
  • Association Fees:HOA Telephone4: None
  • 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 Management Company: Brown Community Mgmt
  • Association Fees:HOA Management Phone: 480-339-8832
  • 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: 108.0
  • Parcel #: 218-54-745-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UDC

Tax Info

  • Tax Annual Amount: 946.0
  • Tax Book Number: 218.00
  • Tax Lot: 13
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2016
Closed on
Oct 3, 2016
Sold by
Keller Michael
Bought by
Lindquist Lori E
Seller's Agent
Terry Caldemeyer
The Virtual Realty Group
Buyer's Agent
Bradley Freeborn
Russ Lyon Sotheby's International Realty
List Price
$118,500
Sold Price
$116,000
Premium/Discount to List
-$2,500
-2.11%
Current Estimated Value
$258,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,659
Avg. Annual Appreciation
9.79%
Original Mortgage
$92,800
Outstanding Balance
$75,479
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$185,942

Purchase Details

Listed on
Sep 3, 2016
Closed on
Sep 23, 2016
Sold by
Keller Kimberlee and Keller Michael
Bought by
Keller Michael
Seller's Agent
Terry Caldemeyer
The Virtual Realty Group
Buyer's Agent
Bradley Freeborn
Russ Lyon Sotheby's International Realty
List Price
$118,500
Sold Price
$116,000
Premium/Discount to List
-$2,500
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Outstanding Balance
$75,479
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$185,942

Purchase Details

Closed on
Mar 12, 2014
Sold by
Ehardt Julie
Bought by
Keller Michael

Purchase Details

Closed on
Dec 12, 2013
Sold by
Ehardt Julie
Bought by
Keller Michael
Source: Public Records

Similar Homes in Mesa, AZ

  • 7708 E Parkview Dr, Mesa, AZ 85208

    $279,000

    • 2 Beds
    • 2 Baths
    • 1,032 Sq Ft
    • 7708 E Parkview Dr
    • Mesa, AZ

    Welcome to Fountain of the Sun, great adult community with Golf, pickleball courts, great restaurants, and so much more. Home is on the golf course with a north/south exposure. Do not miss out on this fully furnished turn key home. This home has been meticulously cared for. Primary Bedroom has walk-in-closet, and access directly to the patio. Second bedroom/office is set up as an office with a

    Robert Terrell Berkshire Hathaway HomeServices Arizona Properties

    Section Image
  • 64 N 63rd St Unit 33, Mesa, AZ 85205

    $299,000

    • 2 Beds
    • 2 Baths
    • 1,188 Sq Ft
    • 64 N 63rd St
    • Unit 33
    • Mesa, AZ

    Welcome to your beautifully updated retreat in the gated community of Villas Tuscany! This charming single-level patio home is ideal for full-time living or the perfect lock-and-leave getaway. Step inside to find brand-new tile flooring, fresh paint, and sleek quartz countertops that give the home a clean, move-in-ready feel. Vaulted ceilings create a light, bright, and airy ambiance throughout.

    Cara Dankberg Compass

    Section Image
  • 3345 E University Dr Unit 2, Mesa, AZ 85213

    $265,000

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • 3345 E University Dr
    • Unit 2
    • Mesa, AZ

    Welcome to this move-in ready gem located in the 55+ Las Alegres community! Perfectly situated within the neighborhood, this home has been beautifully maintained and thoughtfully cared for throughout. The spacious two-car garage features built-in cabinetry and a convenient workbench, ideal for hobbyists or extra storage.Inside, the home boasts a fantastic floor plan designed for easy living and

    Josiah Miller West USA Realty

    Section Image
  • 459 S Boojum Way, Mesa, AZ 85208

    $299,900

    • 2 Beds
    • 2 Baths
    • 1,106 Sq Ft
    • 459 S Boojum Way
    • Mesa, AZ

    Experience delightful adult living in the 55+ community of Fountain of the Sun! This remodeled residence is in excellent condition, boasting a 2-vehicle carport for convenient parking. Within the charming interior, you'll find living/dining room with a soothing palette and new LVP flooring for timeless appeal. An eat-in kitchen has classic plantation shutters, warm wood cabinetry, and built-in

    Gagan Saluja Century 21 Northwest

    Section Image
  • 520 S Sand Verbena Way Unit 76, Mesa, AZ 85208

    $204,900

    • 1 Bed
    • 1 Bath
    • 616 Sq Ft
    • 520 S Sand Verbena Way
    • Unit 76
    • Mesa, AZ

    Beautiful Completely remodeled inside of this one level patio home with 1 bedroom and 1 bath in Fountain Of The Sun 55+ retirement community! Just perfect for a Single person or a couple! Its just like NEW! All new kitchen with new cabinets, new quartz counter tops, New stainless steel appliances, New laminate Flooring, new lights and ceiling fans, new Bathroom and fixtures with new shower! Great

    Bradley Hall HomeSmart

    Section Image
  • 8020 E Keats Ave Unit 285, Mesa, AZ 85209

    $280,000

    • 1 Bed
    • 2 Baths
    • 956 Sq Ft
    • 8020 E Keats Ave
    • Unit 285
    • Mesa, AZ

    Beautifully updated 1 bedroom, 2 bathroom condo featuring 956 SQFT of well-designed living space. The layout is open and inviting, offering both comfort and functionality. Recently remodeled, this home boasts fresh interior paint and brand-new carpet throughout. Your Home will come fully equipped with a washer, dryer, and refrigerator. Seamless move in. Step outside to a private patio that

    Richard Hodgeson MAR-KEY Real Estate

    Section Image
  • 3345 E University Dr Unit 47, Mesa, AZ 85213

    $268,500

    • 2 Beds
    • 2 Baths
    • 1,051 Sq Ft
    • 3345 E University Dr
    • Unit 47
    • Mesa, AZ

    Charming two bedroom patio home in Premier 55+ community. Welcome to this beautifully updated two bedroom, two bath patio home located in a desirable 55+ community. Perfectly situated directly across from the community pool and clubhouse complete with a fully equipped fitness center - this home, combines convenience, comfort, and style. Step inside to discover a spacious light filled living area

    Krista Motola W and Partners, LLC

    Section Image
  • 3345 E University Dr Unit 25, Mesa, AZ 85213

    $284,900

    • 2 Beds
    • 2 Baths
    • 1,051 Sq Ft
    • 3345 E University Dr
    • Unit 25
    • Mesa, AZ

    Lovely, very clean two bedroom, two bath patio home with fireplace, situated on a north facing corner lot with fruit trees. This home is located in the beautiful and peaceful adult community of Las Alegres. Large private back patio, nice front courtyard and lots of cabinet space in garage with an epoxy floor. This home has been extremely well cared for and includes a brand new water heater, and a

    Stan Hughes HomeSmart

    Section Image
  • 3345 E University Dr Unit 34, Mesa, AZ 85213

    $275,000

    • 2 Beds
    • 2 Baths
    • 1,051 Sq Ft
    • 3345 E University Dr
    • Unit 34
    • Mesa, AZ

    Look No Further! Move-in Ready and conveniently located 55+ adult community in Mesa. Also situated in one the best spots in the community. This 2-bedroom 2 bath spaciously designed layout with an oversized 2 gar garage, epoxy floor, and tons of storage. Also, with a newer roof, updated primary bathroom, and floors. This home includes a spacious kitchen with modern touches throughout. With a large

    Ricardo Braddick HomeSmart

    Section Image
See All Homes in Mesa

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lindquist Lori E $116,000 Magnus Title Agency
Keller Michael -- Magnus Title Agency
Keller Michael -- None Available
Keller Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindquist Lori E $92,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2016 10/13/16 Sold $116,000 -2.1% $112 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $118,500 -- $115 / 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 $793 $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 $1,003 $7,870 $1,570 $6,300
2015 $946 $7,730 $1,540 $6,190
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Terry Caldemeyer

    The Virtual Realty Group

  • Bradley Freeborn

    Buyer's Agent in 2016

    Bradley Freeborn

    Russ Lyon Sotheby's International Realty

    (520) 991-9138

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5492863

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-54-745A

Arizona Maricopa County Mesa 85208 Fountain of the Sun

524 S Palo Verde Way Unit 135, Mesa, AZ

This home is located at 524 S Palo Verde Way Unit 135, Mesa, AZ 85208 since 03 September 2016 and is currently estimated at $258,659, approximately $250 per square foot. This property was built in 1978. 524 S Palo Verde Way Unit 135 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

Nearby Homes