$148,000
SOLD JUL 31, 2015

551 S Palo Verde Way Unit 144 Mesa, AZ 85208

Fountain of the Sun Neighborhood
2 Beds
2 Baths
1,222 Sq Ft
155 Sq Ft Lot

Recently Sold

$121 Per Sq Ft

17% Below List Price

189 Days on Market

Highlights

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

About This Home

As of February 2018

THIS PATIO HOME HAS A TOP 10 LOT LOCATION. OVERLOOKS THE LAKE AND WATER FEATURE. PRIVATE PATIO!CUL DE SAC LOT. TWO BEDROOMS/ 2 BATHS. BIG ROOMS, VEIWS OF THE LAKE FROM GREAT ROOM, DINING AND MASTER BEDROOM. SPLIT BEDROOMS- MASTER HAS EXIT TO PATIO,PET FRIENDLY HOA IN FOUNTAIN OF THE SUN. 39 FEET OF PATIO OF WHICH 20 FEET IS COVERED.ENJOY ALL OF THE AMENITIES OF FOS.COMMUNITY POOL, CLUBHOUSE AND GOLF COURSE. PLEASE SUBMIT YOUR BEST OFFER! BUYER TO PAY THE CAPITAL IMPROVEMENT FEE AT TIME OF CLOSE.

Last Agent to Sell the Property

Ben Koerner

Realty Executives License #SA030920000 Listed on: 12/23/2014

Realty Executives

Last Buyer's Agent

Richard Ervin

Realty Executives License #SA538551000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,219

Year Built

  • Built in 1984

Lot Details

  • 155 Sq Ft Lot
  • Waterfront
  • On Golf Course
  • 1 Common Wall
  • Cul-De-Sac
  • Private Streets
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,222 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • Grab Bar In Bathroom
  • No Interior Steps

Outdoor Features

  • Covered patio or porch

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

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

Listing and Financial Details

  • Tax Lot 144
  • Assessor Parcel Number 218-69-038

Community Details

Overview

  • Association fees include roof repair, insurance, pest control, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Fountain Of The Sun Association, Phone Number (480) 967-7182
  • Fosca Association, Phone Number (480) 380-4000
  • Association Phone (480) 380-4000
  • Built by UDC
  • Fountain Of The Sun Third Phase Par 10 Condos Subdivision, Mission Bay Floorplan
  • Community Lake

Recreation

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

Additional Features

  • Recreation Room
  • Gated with Attendant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,219

Year Built

Built in 1984

Lot Details

0

HOA Fees

$285 per month

Parking

1

Listing Details

  • Cross Street: SOSSAMAN & BROADWAY
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: FOSCA
  • HOA #2 Phone Number: 480-380-4000
  • HOA #2 Transfer Fee: 250.0
  • 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: 285.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1984
  • Tax Year: 2014
  • Directions: EAST ON BROADWAY TO FOUNTAIN OF THE SUN ENTRANCE. CHECK IN WITH GUARD GATE AND THEN- FIRST RIGHT ON CORALBELL, TURNS IN TO 78TH PLACE THEN LEFT ON PALO VERDE, SECOND RIGHT AND FOLLOW PALO VERDE TO 551
  • Master Model: MISSION BAY
  • Property Sub Type: Patio Home
  • Horses: No
  • Subdivision Name: FOUNTAIN OF THE SUN THIRD PHASE PAR 10 CONDOS
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 285.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Accessibility Features: Bath Grab Bars
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, No Interior Steps, 3/4 Bath Master Bdrm, Full Bth Master Bdrm
  • Living Area: 1222.0
  • 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
  • Other Rooms:Great Room: Yes
  • Community Features:On-Site Guard: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Private Street(s)
  • Lot Features: Waterfront Lot, Sprinklers In Front, On Golf Course, Cul-De-Sac, Grass Front, Auto Timer H2O Front
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Foam
  • 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: Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes

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, Lake, Gated, Community Spa Htd, Community Pool Htd, Guarded Entry, Biking/Walking Path
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 285.0
  • Association Fee Frequency: Monthly
  • Association: FOSCA
  • Association Name: FOUNTAIN OF THE SUN
  • Association Phone #2: 480-380-4000
  • Phone: 480-967-7182
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: FOUNTAIN OF THE SUN
  • Association Fees:HOA Telephone4: 480-967-7182
  • 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: Semi-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:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, 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: 155.0
  • Parcel #: 218-69-038

Building Info

  • Builder Name: UDC

Tax Info

  • Tax Annual Amount: 1219.0
  • 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
$343,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,939
Avg. Annual Appreciation
8.56%

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
8.80%

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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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
Warranty Deed $186,250 Title Alliance Of Arizona Ll
Interfamily Deed Transfer -- None Available
Cash Sale Deed $148,000 Clear Title Agency Of Az
Cash Sale Deed $115,000 Fiesta Title & Escrow Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 Credit Line Revolving
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: 5213543

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-69-038