NOT LISTED FOR SALE

551 S Palo Verde Way Unit 144 Mesa, AZ 85208

Fountain of the Sun Neighborhood

Estimated Value: $334,000 - $363,000

2 Beds
2 Baths
1,222 Sq Ft
$283/Sq Ft Est. Value

Last Sold February 15, 2018

Last sale price $186,500 $153 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,954/month

86 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Gated Community
  • Franklin at Brimhall Elementary School Rated A
  • Heated Spa
  • Waterfront

About This Home

As of February 2018

Ahhhhh - The views of the Superstition Mountains across the lush green fairways and water features of the golf course are so Ahhh-mazing from this back patio! This 2 bedroom condo is positioned perfectly to enjoy all the best views and privacy. Quit Cul-de-sac, single-level, 2 bedroom, 2 bath with open kitchen & family room. Large bedrooms with snail shower in the master bedroom for easy access. Covered patio is an extension of your living space & is the perfect setting for entertaining guests. You won't have to shovel a thing - the HOA maintains everything outside your walls! Pet friendly area.New H Great lock & leave set up with single car agrage to store your golf cart. Lightly furnished so add your personal touches. Super convenient location! Near US 60 & Red Mtn. Freeways. Short hop Gateway Airport in Mesa, Superstition Springs Mall & Golf Course as well as area hospitals, grocery stores, shopping & dining. New HVAC unit in 2016 Great location for Spring Training games or 25 minutes from downtown Phoenix. Plenty to see & do here; hiking, biking, pickleball or golf plus many more planned activities at the clubhouse. Join the golf club & work on your game or take a lesson from the Pros. Excursions, breakfasts, movies and clubs abound to join. Rochester's restaurant now open. 24 hour gated & guarded. Call for details.

Last Agent to Sell the Property

Barbi King

Keller Williams Integrity First License #SA546189000 Listed on: 11/08/2017

Keller Williams Integrity First

Last Buyer's Agent

Mary Newton

Keller Williams Integrity First License #SA583867000

Keller Williams Integrity First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1984

Lot Details

  • Waterfront
  • On Golf Course
  • Two or More Common Walls
  • Private Streets
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,222 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Skylights
  • Mountain Views
  • Washer

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Heated Spa
  • Heated Pool

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

  • Home warranty included in the sale of the property
  • Tax Lot 144
  • Assessor Parcel Number 218-69-038

Community Details

Overview

  • Property has a Home Owners Association
  • Village Green Association
  • Built by UDC Homes
  • Fountain Of The Sun Third Phase Par 10 Condos Subdivision
  • FHA/VA Approved Complex
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Racquetball
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,380

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Broadway & sossaman
  • Legal Info Range: 7E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 300.0
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2016
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1984
  • Tax Year: 2017
  • Directions: North on Sossoman from US 60. East on Broadway to 80th. South through guard gate to Coralbell then right. Follow around to Palo Verde, left. Stay on Palo Verde into Village Green.
  • Property Sub Type: Patio Home
  • Subdivision Name: FOUNTAIN OF THE SUN THIRD PHASE PAR 10 CONDOS
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 300.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Breakfast Bar, Furnished(See Rmrks), No Interior Steps, Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 1222.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:Gated Community2: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:HandballRacquetball: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Covered Patio(s), Patio, Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, On Golf Course, Grass Front, Grass Back
  • Pool Features: Community, Heated, None
  • View: Mountain(s)
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Washer Included
  • Security: Gated Community, Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Pool, Golf, Racquetball, Clubhouse, Fitness Center
  • Amenities: Club, Membership Opt, FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee Frequency: Monthly
  • Association Name: Village Green
  • Phone: 480-
  • 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: Village Green
  • Association Fees:HOA Telephone4: 480-
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1275.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2: 600.0
  • 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:Roof Replacement: 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
  • Parcel #: 218-69-038

Building Info

  • Builder Name: UDC Homes

Tax Info

  • Tax Annual Amount: 1380.0
  • Tax Book Number: 218.00
  • Tax Lot: 144
  • Tax Map Number: 69.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2017
Closed on
Feb 14, 2018
Sold by
Cummins Helen Irene and The Cummins Family Living Trus
Bought by
Nelson Leonard and Nelson Colleen
Seller's Agent
Barbi King
Keller Williams Integrity First
Buyer's Agent
Mary Newton
Keller Williams Integrity First
List Price
$195,000
Sold Price
$186,500
Premium/Discount to List
-$8,500
-4.36%
Current Estimated Value
$345,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,210
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
May 23, 2016
Sold by
Cummins Helen I
Bought by
Cummins Family Living Trust and Cummins Helen Irene

Purchase Details

Listed on
Dec 23, 2014
Closed on
Jul 30, 2015
Sold by
Johnson Jacqueline L
Bought by
Cummins Leo K and Cummins Helen I
Seller's Agent
Ben Koerner
Realty Executives
Buyer's Agent
Richard Ervin
Realty Executives
List Price
$178,000
Sold Price
$148,000
Premium/Discount to List
-$30,000
-16.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Mar 6, 1995
Sold by
Kanengieter Marvin W and Kanengieter Helene R
Bought by
Johnson William F and Johnson Jacqueline L
Source: Public Records

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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
Nelson Leonard $186,250 Title Alliance Of Arizona Ll
Cummins Family Living Trust -- None Available
Cummins Leo K $148,000 Clear Title Agency Of Az
Johnson William F $115,000 Fiesta Title & Escrow Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson William F $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2018 02/15/18 Sold $186,500 -4.4% $153 / Sq Ft
11/15/2017 11/15/17 For Sale $195,000 +4.6% $160 / Sq Ft
11/09/2017 11/09/17 Off Market $186,500 -- --
11/08/2017 11/08/17 For Sale $195,000 +31.8% $160 / Sq Ft
07/31/2015 07/31/15 Sold $148,000 -2.6% $121 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
06/22/2015 06/22/15 Price Changed $152,000 -4.4% $124 / Sq Ft
03/19/2015 03/19/15 Price Changed $159,000 -3.6% $130 / Sq Ft
02/08/2015 02/08/15 Price Changed $165,000 -7.3% $135 / Sq Ft
12/23/2014 12/23/14 For Sale $178,000 -- $146 / 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 $1,429 $19,327 -- --
2024 $1,914 $18,407 -- --
2023 $1,914 $25,010 $5,000 $20,010
2022 $1,874 $20,330 $4,060 $16,270
2021 $1,898 $17,730 $3,540 $14,190
2020 $1,873 $16,680 $3,330 $13,350
2019 $1,750 $14,670 $2,930 $11,740
2018 $1,680 $14,160 $2,830 $11,330
2017 $1,380 $13,480 $2,690 $10,790
2016 $1,355 $12,810 $2,560 $10,250
2015 $1,280 $13,300 $2,660 $10,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5685016

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-69-038