NOT LISTED FOR SALE

550 S Palo Verde Way Mesa, AZ 85208

Fountain of the Sun Neighborhood

Estimated Value: $333,000 - $398,000

2 Beds
2 Baths
1,222 Sq Ft
$297/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $155,000 $127 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,076/month

1 Day on Market

Highlights

  • On Golf Course
  • Gated with Attendant
  • Community Lake
  • Franklin at Brimhall Elementary School Rated A
  • Waterfront
  • Clubhouse

About This Home

As of June 2012

THIS PATIO HOME IS SITUATED ON THE BEST LOT IN THE SUBDIVISION! RIGHT ON THE 9TH GREEN AND OVERLOOKING THE SERENE LAKE. NORTH/SOUTH EXPOSURE, LARGE PATIO SURROUNDED BY PALM TREES, DESERT FOLIAGE AND BEAUTIFUL VIEWS! WALKING DISTANCE FOR A QUICK BREAKFAST/LUNCH OR A DIP IN THE POOL. ORIGINAL OWNER, 2 BEDROOMS & 2 BATH, LARGE GREAT ROOM, VERY WELL MAINTAINED WITH 1222 SQ FT (LARGE ROOMS). WALK-IN SHOWER WITH SS HANDRAILS,NEW TRANE HVAC 2008, NEW FOAM ROOF 2009, NEW ROOF TILE 2012. FOR ADDITIONAL INFO SEE DOCUMENTS FOR COMPLETE FACT SHEET...EASY SHOW, CALL LISTER.

Last Agent to Sell the Property

Pamela Fain

Coldwell Banker Realty License #SA019958000 Listed on: 06/11/2012

Coldwell Banker Realty

Last Buyer's Agent

Mary Newton

Keller Williams Integrity First License #SA583867000

Keller Williams Integrity First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,907

Year Built

  • Built in 1985

Lot Details

  • Waterfront
  • On Golf Course
  • Cul-De-Sac
  • Private Streets
  • Corner Lot

Home Design

  • Spanish Architecture
  • Patio Home
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,222 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Separate Bedroom Exit
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener

Schools

  • Adult Elementary School
  • Adult Middle School
  • Adult High School

Utilities

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

Additional Features

  • No Interior Steps
  • North or South Exposure
  • Covered Patio or Porch

Community Details

Overview

  • $1,194 per year Dock Fee
  • Association fees include blanket insurance policy, common area maintenance, exterior maintenance of unit, front yard maint, garbage collection, pest control, roof repair, roof replacement, street maintenance, water
  • Metro Property Ser HOA, Phone Number (480) 967-7182
  • Located in the FOUNTAIN OF THE SUN master-planned community
  • Built by UDC
  • Mission Bay
  • Community Lake

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,907

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Building Style: String
  • Tax Municipality: Mesa
  • Cross Street: SOSSAMAN & BROADWAY
  • Legal Info Lot Number: 142
  • Legal Info Range: 7E
  • Legal Info Section: 29
  • Legal Info Township: IN
  • Property Type: A
  • Unit Style: All on One Level, End Unit, One Common Wall, Street Facing
  • Technology: Cable TV Avail, High Speed Internet Available
  • Assessor Parcel Number: 36.00
  • Hndrd Blk Directionl: E
  • Hundred Block: 2014
  • Marketing Name: FOUNTAIN OF THE SUN
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst, Separate Bdrm Exit
  • Architecture: Spanish
  • Assessor Parcel Number: 218-69-036
  • Capital Improvement Impact Fee: 1150
  • Capital Improvement Impact Fee Dollar Percent: $
  • HOA Association Fee: 255.00
  • HOA Name: METRO PROPERTY SER
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480-967-7182 #106
  • HOA Transfer Fee: 340.00
  • HOA Fees: Y
  • Total Monthly Fee Equivalent: 255.00
  • Association Rules: Pets OK (See Rmrks)
  • Construction Finish: Painted, Stucco
  • Dwelling Type: Patio Home
  • Encoded Features: 22R1G
  • Items Updated Ht Cool Yr Updated: 2008
  • Items Updated Roof Yr Updated: 2009
  • Map Code Grid: R42
  • Primary Bathroom Type: 3/4 Bath Master Bdrm, Full Bth Master Bdrm
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 1.00
  • Parking Spaces Total Covered Spaces: 1.00
  • Planned Comm Name: FOUNTAIN OF THE SUN
  • Price per Sq Ft: 126.84
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1985
  • Tax Year: 2011
  • Directions: EAST ON BROADWAY, SOUTH AT FOUNTAIN OF THE SUN ENTRANCE, TO GUARD GATE...FIRST RIGHT ON CORALBELL AVE...TURNS INTO 78TH PL.,LEFT ON N. PALO VERDE ST., 2ND RIGHT THEN LEFT ALL THE WAY TO CUL-DE-SAC
  • Master Model: MISSION BAY
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: No Interior Steps
  • Bedrooms: 2
  • Bedrooms Plus: 2.00
  • Bathrooms: 2.00
  • Laundry: Dryer Included, In Garage, Washer Included
  • Flooring: Carpet, Laminate, Linoleum, Tile
  • Fireplace: No Fireplace
  • Master Bedroom Type: Split
  • Dining Area: Breakfast Bar, Dining in LR/GR
  • Accessibility Features: Bath Grab Bars
  • Estimated Lot Sq Ft: 156.00
  • Estimated Sq Ft: 1222.00
  • Kitchen Features: Cook Top Elec, Dishwasher, Disposal, Range/Oven Elec, Refrigerator
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Pool: Community Only
  • Landscaping: Auto Timer H2O Front, Grass Front, Yrd Wtring Sys Front
  • Roofing: Foam, Tile
  • Construction: Frame - Wood
  • Exterior Features: Covered Patio(s), Private Street(s)
  • Pool Private: No Pool

Garage/Parking

  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener

Utilities

  • Water: City Water
  • Utilities: SRP
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric

Condo/Co-op/Association

  • Community Features: Biking/Walking Path, Clubhouse/Rec Room, Community Pool Htd, Community Spa Htd, Gated Community, Golf Course, Guarded Entry, Lake Subdivision, On-Site Guard
  • Fee Include: Blanket Ins Policy, Common Area Maint, Exterior Mnt of Unit, Front Yard Maint, Garbage Collection, Pest Control, Roof Repair, Roof Replacement, Street Maint, Water

Schools

  • Elementary School: Adult
  • Middle School: Adult
  • High School: Adult
  • Elementary School: Adult
  • High School: Adult
  • Jr High School: Adult

Lot Info

  • Property Description: Borders Common Area, Corner Lot, Cul-De-Sac Lot, Golf Course Lot, North/South Exposure, Waterfront Lot

Building Info

  • Builder Name: UDC

Tax Info

  • Taxes: 1194.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2012
Closed on
Jun 13, 2012
Sold by
Mark Edwards Jeanette P
Bought by
Spies James C and Spies Francene M
Seller's Agent
Pamela Fain
Coldwell Banker Realty
Buyer's Agent
Mary Newton
Keller Williams Integrity First
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$363,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,079
Avg. Annual Appreciation
6.76%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Spies James C $155,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2012 06/29/12 Sold $155,000 0.0% $127 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $155,000 -- $127 / 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 $1,907 $19,412 -- --
2024 $1,923 $18,488 -- --
2023 $1,923 $25,350 $5,070 $20,280
2022 $1,883 $20,550 $4,110 $16,440
2021 $1,906 $17,970 $3,590 $14,380
2020 $1,881 $16,760 $3,350 $13,410
2019 $1,758 $14,750 $2,950 $11,800
2018 $1,687 $14,230 $2,840 $11,390
2017 $1,637 $13,550 $2,710 $10,840
2016 $1,601 $12,880 $2,570 $10,310
2015 $1,510 $13,360 $2,670 $10,690
Source: Public Records

Agents Affiliated with this Home

  • Pamela Fain

    Seller's Agent in 2012

    Pamela Fain

    Coldwell Banker Realty

    (602) 885-1414

    7 Total Sales

    Pamela Fain
    Section Image
  • Mary Newton

    Buyer's Agent in 2012

    Mary Newton

    Keller Williams Integrity First

    (480) 861-4338

    139 in this area

    204 Total Sales

    Mary Newton
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4772555

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-69-036

Arizona Maricopa County Mesa 85208 Fountain of the Sun

550 S Palo Verde Way, Mesa, AZ

This home is located at 550 S Palo Verde Way, Mesa, AZ 85208 since 11 June 2012 and is currently estimated at $363,079, approximately $297 per square foot. This property was built in 1985. 550 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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