$111,000
SOLD MAY 30, 2015

537 S Palo Verde Way Mesa, AZ 85208

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

Recently Sold

$108 Per Sq Ft

7% Below List Price

19 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Furnished
  • Franklin at Brimhall Elementary School Rated A
  • End Unit
  • Heated Community Pool

About This Home

As of September 2024

Active Adult 55+ Gated Community, FOUNTAIN OF THE SUN! 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, etc. Fully furnished 2 bedroom, 1.75 bath condo with an end unit location. The property is in excellent condition and in an great location. Next to guest parking, with a private back patio. Open floor plan that is light and bright inside the condo. Ready for move-in!!

Last Agent to Sell the Property

Kim Webster

HomeSmart License #SA540465000 Listed on: 04/06/2015

HomeSmart

Last Buyer's Agent

Lisa Montgomery

Realty ONE Group License #SA633752000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $898

Year Built

  • Built in 1978

Lot Details

  • 107 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Desert faces the back of the property
  • Partially Fenced Property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

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

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 218-54-733-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 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 Subdivision, Cypress Pt Floorplan

Recreation

  • Golf Course Community
  • Heated Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated with Attendant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$898

Year Built

Built in 1978

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Cross Street: Broadway & 80th
  • 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: 235.0
  • Basement: N
  • 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 of Broadway & 80th St. Ask gate guard for directions.
  • Master Model: Cypress Pt
  • Property Sub Type: Patio Home
  • Horses: No
  • Subdivision Name: Fountain of the Sun
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • Association Fees:HOA Fee2: 235.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Furnished(See Rmrks), 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:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:On-Site Guard: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: Desert Back, Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up, 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: Central Air
  • Heating: Electric
  • Laundry Features: Other, See Remarks
  • Security: Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf, Gated, Community Spa Htd, Community Pool Htd, Guarded Entry
  • Association #2 Fee Frequency: Annually
  • Association Fee: 235.0
  • Association Fee Frequency: Monthly
  • Association: FOSCA
  • Association Name: Brown
  • Association Phone #2: 480-380-4000
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Brown
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1225.0
  • 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: 107.0
  • Parcel #: 218-54-733-A

Building Info

  • Builder Name: UDC

Tax Info

  • Tax Annual Amount: 898.0
  • Tax Book Number: 218.00
  • Tax Lot: 1
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2024
Closed on
Sep 10, 2024
Sold by
Karen Hughes Graney Living Trust and Graney Karen Hughes
Bought by
Boyd Wilma
Seller's Agent
Lisa Montgomery
Realty ONE Group
Buyer's Agent
Jacob Buchele
eXp Realty
List Price
$253,500
Sold Price
$250,000
Premium/Discount to List
-$3,500
-1.38%
Total Days on Market
19
Views
112
Current Estimated Value
$252,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,946
Avg. Annual Appreciation
2.10%
Original Mortgage
$170,000
Outstanding Balance
$168,900
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$85,604

Purchase Details

Closed on
Jul 6, 2016
Sold by
Graney Karen H
Bought by
Graney Karen Hughes and Karen Hughes Graney Living Trust

Purchase Details

Listed on
Apr 6, 2015
Closed on
May 27, 2015
Sold by
Hafer Nancy Evelyn and Saltness Jeffrey N
Bought by
Graney Karen H
Seller's Agent
Kim Webster
HomeSmart
Buyer's Agent
Lisa Montgomery
Realty ONE Group
List Price
$119,900
Sold Price
$111,000
Premium/Discount to List
-$8,900
-7.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Feb 25, 2012
Sold by
Hafer Nancy Evelyn
Bought by
Hafer Nancy Evelyn and Saltness Jeffrey N
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
Warranty Deed $250,000 Great American Title Agency
Interfamily Deed Transfer -- None Available
Cash Sale Deed $111,000 Stewart Title & Trust Of Pho
Interfamily Deed Transfer -- Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 New Conventional
Previous Owner $50,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $250,000 -1.4% $232 / Sq Ft
04/03/2024 04/03/24 For Sale $253,500 +128.4% $235 / Sq Ft
05/30/2015 05/30/15 Sold $111,000 -7.4% $108 / Sq Ft
04/25/2015 04/25/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $119,900 -- $116 / 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 $754 $9,074 -- --
2024 $801 -- -- --
2023 $801 $9,210 $1,840 $7,370
2022 $822 $9,210 $1,840 $7,370
2021 $887 $12,950 $2,590 $10,360
2020 $919 $11,570 $2,310 $9,260
2019 $844 $10,070 $2,010 $8,060
2018 $897 $9,210 $1,840 $7,370
2017 $1,026 $8,500 $1,700 $6,800
2016 $1,007 $7,870 $1,570 $6,300
2015 $946 $7,730 $1,540 $6,190
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lisa Montgomery

    Realty One Group

  • J

    Buyer's Agent in 2024

    Jacob Buchele

    eXp Realty

  • A

    Buyer Co-Listing Agent in 2024

    Andrew Hatfield

    eXp Realty

  • K

    Seller's Agent in 2015

    Kim Webster

    HomeSmart

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5261445

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-54-733A

Arizona Maricopa County Mesa 85208 Fountain of the Sun

537 S Palo Verde Way, Mesa, AZ

This home is located at 537 S Palo Verde Way, Mesa, AZ 85208 and is currently priced at $111,000, approximately $107 per square foot. This property was built in 1978. 537 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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