NOT LISTED FOR SALE

701 S Arrowwood Way Unit 46 Mesa, AZ 85208

Fountain of the Sun Neighborhood

Estimated Value: $315,328 - $361,000

2 Beds
2 Baths
1,365 Sq Ft
$253/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $175,000 $128 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,202/month

70 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Spanish Architecture
  • Franklin at Brimhall Elementary School Rated A
  • Gated with Attendant
  • Corner Lot

About This Home

As of March 2015

Patio Home is a 10+ and has been beautifully furnished and highly upgraded and updated! Your fussiest buyer's will be pleased with this end-unit that backs up to an open greenbelt and has both a north & west facing patio. 20'' tile flooring gives an expansive feeling to this open floorplan. The eat-in kitchen has a sunny facing west window, new stainless steel appliances, gorgeous granite countertops and updated lighting. Large pantry for storage. Master bath suite has been opened up for more storage and easier flow. New cabinetry, beautiful granite and lovely tile accents. This is a perfect lock & leave and is being offered with some furnishings. Single car garage accommodates a laundry area, storage and a car! Visit this property to see why this Patio Home is worth every penny!

Last Agent to Sell the Property

Barbi King

Keller Williams Integrity First License #SA546189000 Listed on: 12/22/2014

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

  • $1,319

Year Built

  • Built in 1983

Lot Details

  • Corner Lot
  • Grass Covered Lot

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,365 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Free Standing Fireplace
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Central Air
  • Heating Available
  • Water Softener
  • 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
  • Legal Lot and Block 46 / 2021
  • Assessor Parcel Number 218-67-596

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Fosca Association, Phone Number (480) 437-4777
  • Built by UDC Homes
  • Fountain Of The Sun Subdivision

Recreation

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

Additional Features

  • Recreation Room
  • Gated with Attendant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,319

Year Built

Built in 1983

Lot Details

0

HOA Fees

$265 per month

Parking

1

Listing Details

  • Cross Street: Brroadway & Sossaman
  • Legal Info Range: 7E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 265.0
  • Basement: N
  • Bathrooms Year Updated: 2013
  • Items Updated Floor Yr Updated: 2013
  • Items Updated Plmbg Yr Updated: 2013
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2014
  • Property Sub Type: Patio Home
  • Horses: No
  • Subdivision Name: Fountain of The Sun
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 128.2
  • Association Fees:HOA Fee2: 265.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Freestnd Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Eat-in Kitchen, No Interior Steps, Soft Water Loop, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1365.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: 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:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Garage Door Opener, Direct Access, 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
  • Parking Features:Direct Access: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Guarded Entry, Fitness Center
  • Association Fee: 265.0
  • Association Fee Frequency: Monthly
  • Association Name: FOSCA
  • Phone: 480-437-4777
  • 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: FOSCA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1200.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2: 365.0
  • 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

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, 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
  • Parcel #: 218-67-596

Building Info

  • Builder Name: UDC Homes

Tax Info

  • Tax Annual Amount: 1319.0
  • Tax Block: 2021
  • Tax Book Number: 218.00
  • Tax Lot: 46
  • Tax Map Number: 67.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2019
Sold by
Koenig Shane R
Bought by
Koenig Randy R and Koenig Holly M
Current Estimated Value
$345,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$148,406
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$197,176

Purchase Details

Closed on
Sep 9, 2019
Sold by
Koenig Marlene K
Bought by
Koenig Shane R

Purchase Details

Closed on
Oct 12, 2015
Sold by
Koenig Marlene K
Bought by
Liv Koenig Marlene K

Purchase Details

Listed on
Dec 22, 2014
Closed on
Mar 11, 2015
Sold by
Postels Beverly A
Bought by
Koenig Marlene K
Seller's Agent
Barbi King
Keller Williams Integrity First
Buyer's Agent
Mary Newton
Keller Williams Integrity First
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
May 15, 2012
Sold by
Postels Beverly A and Postels Richard F
Bought by
Postels Beverley A and Beverley A Postels Revocable Trust

Purchase Details

Closed on
Mar 27, 2010
Sold by
Lefebvre James R and Lefebvre Rita B
Bought by
Postels Richard F and Postels Beverley A

Purchase Details

Closed on
Feb 10, 2009
Sold by
Lefebvre James R and Lefebvre Rita B
Bought by
Lefebvre James R and Lefebvre Rita B

Purchase Details

Closed on
Mar 6, 2008
Sold by
Lambert Ronald L and Lambert Joan R
Bought by
Lefebvre James R and Lefebvre Rita B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2007
Sold by
Lambert Ronald L and Lambert Joan R
Bought by
Lambert Ronald L and Lambert Joan R

Purchase Details

Closed on
Sep 15, 2004
Sold by
Nearing Edward J and Nearing Margaret J
Bought by
Lambert Ronald L and Lambert Joan R

Purchase Details

Closed on
Nov 3, 1997
Sold by
Nearing Edward J and Nearing Margaret J
Bought by
Nearing Edward J and Nearing Margaret J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Koenig Randy R $210,000 Clear Title Agency Of Az
Koenig Shane R -- None Available
Liv Koenig Marlene K -- None Available
Koenig Marlene K $175,000 First American Title Ins Co
Postels Beverley A -- None Available
Postels Richard F $155,000 Title Mgmt Agency Of Az Llc
Lefebvre James R -- None Available
Lefebvre James R $165,900 Empire Title Agency Of Arizo
Lambert Ronald L -- None Available
Lambert Ronald L $124,900 --
Nearing Edward J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koenig Randy R $168,000
Previous Owner Lefebvre James R $115,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2015 03/16/15 Sold $175,000 -2.8% $128 / Sq Ft
12/22/2014 12/22/14 For Sale $180,000 -- $132 / 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 $1,343 $17,873 -- --
2024 $1,770 $17,022 -- --
2023 $1,770 $23,900 $4,780 $19,120
2022 $1,733 $18,720 $3,740 $14,980
2021 $1,755 $16,350 $3,270 $13,080
2020 $1,732 $15,200 $3,040 $12,160
2019 $1,619 $13,570 $2,710 $10,860
2018 $1,554 $12,960 $2,590 $10,370
2017 $1,507 $12,270 $2,450 $9,820
2016 $1,248 $11,710 $2,340 $9,370
2015 $1,184 $11,620 $2,320 $9,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5213305

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-67-596