$202,500
SOLD APR 15, 2025

534 S Palo Verde Way Mesa, AZ 85208

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

Recently Sold

$196 Per Sq Ft

25% Below List Price

87 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Furnished
  • Franklin at Brimhall Elementary School Rated A
  • Theater or Screening Room
  • Granite Countertops

About This Home

As of April 2025

**SELLER INCENTIVE FOR BUYERS** Welcome to this Beautiful Updated Condo in Fountain of the Sun, a Gated 55 Plus Community, FURNISHED, UPDATED 2 Bed 2 Bath (1032 sq ft), Updated Kitchen Cabinetry & Granite Counters (2020), Updated Tile & Carpet (2020), Primary Bedroom w/ Walk-In Closet & Updated Primary Bath w/ New Cabinets & Granite Counter Top (2020), Nice Sized Guest Bedroom, Updated Guest Bath w/ New Cabinet & Granite Counter Top (2020), NEW Main Roof (2023), Great Entertaining Space and Patio to Enjoy the Beautiful AZ Sunshine! NO PET AREA.

Last Agent to Sell the Property

Brent Heiden

Iannelli and Associates License #SA635800000 Listed on: 01/08/2025

Last Buyer's Agent

Brent Heiden

Iannelli and Associates License #SA635800000 Listed on: 01/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 1978

Lot Details

  • 107 Sq Ft Lot
  • Desert faces the front and back of the property
  • Sprinklers on Timer

HOA Fees

  • $407 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Patio Home
  • Property Attached
  • Roof Updated in 2023
  • Wood Frame Construction
  • Reflective Roof
  • Foam Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 218-54-747-A

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, front yard maint, trash, water, maintenance exterior
  • Trestle Mgmt Association, Phone Number (480) 422-0888
  • Fosa Association, Phone Number (480) 984-1434
  • Association Phone (480) 984-1434
  • Built by UDC
  • Fountain Of The Sun Parcel 9 Phase 1 Subdivision

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Pickleball Courts
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,195

Year Built

Built in 1978

Lot Details

0

HOA Fees

$407 per month

Listing Details

  • Cross Street: Broadway Rd & 80th Street
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: FOSA
  • HOA #2 Phone Number: 480-984-1434
  • 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: 407.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2020
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2020
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2020
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2023
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1978
  • Tax Year: 2024
  • Directions: Enter at main gate off Broadway Rd and 80th Street
  • Property Sub Type: Patio Home
  • Horses: No
  • Subdivision Name: FOUNTAIN OF THE SUN PARCEL 9 PHASE 1
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • Association Fees:HOA Fee2: 407.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • 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: High Speed Internet, Granite Counters, Furnished(See Rmrks), No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 1032.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: 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:Pickleball Court(s): Yes
  • Community Features:Community Media Room: Yes
  • Community Features:On-Site Guard: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Reflective Coating, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf, Pickleball, Gated, Community Spa Htd, Community Pool Htd, Community Media Room, Guarded Entry, Biking/Walking Path
  • Association #2 Fee Frequency: Annually
  • Association Fee: 407.0
  • Association Fee Frequency: Monthly
  • Association: FOSA
  • Association Name: First Phase Parcel 9
  • Association Phone #2: 480-984-1434
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: First Phase Parcel 9
  • Association Fees:HOA Telephone4: 480-422-0888
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 814.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 814.0
  • Association Fees:Disclosure Fees HOA: 250.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Trestle Mgmt
  • Association Fees:HOA Management Phone: 480-422-0888
  • Association Fees:HOA Paid Frequency 2: Annually
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2: 2075.0
  • 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: Adult
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 107.0
  • Parcel #: 218-54-747-A

Building Info

  • Builder Name: UDC

Tax Info

  • Tax Annual Amount: 1195.0
  • Tax Book Number: 218.00
  • Tax Lot: 15
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2005
Sold by
Hessler Thomas M and Hessler Karen L
Bought by
Hessler Thomas M and Hessler Karen L
Current Estimated Value
$216,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$37,304
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving
Estimated Equity
$192,926

Purchase Details

Closed on
Oct 8, 2004
Sold by
Hessler Thomas M and Hessler Karen L
Bought by
Hessler Thomas M and Hessler Karen L

Purchase Details

Closed on
Nov 17, 1999
Sold by
Hessler Karen L and Hessler Thomas M
Bought by
Hessler Thomas M and Hessler Karen L

Purchase Details

Closed on
Nov 10, 1994
Sold by
Edwards Robert W and Hessler Karen L
Bought by
Malloy Michael F
Source: Public Records

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 Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $202,500 -11.1% $196 / Sq Ft
04/05/2025 04/05/25 Pending -- -- --
04/02/2025 04/02/25 Price Changed $227,900 -0.9% $221 / Sq Ft
03/29/2025 03/29/25 Price Changed $229,899 0.0% $223 / Sq Ft
03/25/2025 03/25/25 Price Changed $229,900 0.0% $223 / Sq Ft
02/21/2025 02/21/25 Price Changed $230,000 -2.1% $223 / Sq Ft
02/18/2025 02/18/25 Price Changed $235,000 -1.3% $228 / Sq Ft
02/12/2025 02/12/25 Price Changed $238,000 -0.8% $231 / Sq Ft
02/05/2025 02/05/25 Price Changed $240,000 -7.3% $233 / Sq Ft
01/26/2025 01/26/25 Price Changed $259,000 -4.0% $251 / Sq Ft
01/08/2025 01/08/25 For Sale $269,900 -- $262 / 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 $1,195 $12,160 -- --
2024 $1,204 $11,581 -- --
2023 $1,204 $17,560 $3,510 $14,050
2022 $1,179 $14,330 $2,860 $11,470
2021 $1,194 $12,660 $2,530 $10,130
2020 $1,179 $11,570 $2,310 $9,260
2019 $1,101 $10,070 $2,010 $8,060
2018 $1,057 $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 2025

    Brent Heiden

    Iannelli and Associates

    (480) 334-2553

    103 in this area

    138 Total Sales

    Brent Heiden
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6801968

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-54-747A

Arizona Maricopa County Mesa 85208 Fountain of the Sun

534 S Palo Verde Way, Mesa, AZ

This home is located at 534 S Palo Verde Way, Mesa, AZ 85208 and is currently priced at $202,500, approximately $196 per square foot. This property was built in 1978. 534 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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