NOT LISTED FOR SALE

8345 E Fay Ave Mesa, AZ 85208

Fountain of the Sun Neighborhood

Estimated Value: $335,527 - $353,000

2 Beds
2 Baths
1,294 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $165,000 $128 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,978/month

186 Days on Market

Highlights

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

About This Home

As of March 2017

Sharp home with lots of curb appeal, located in guard gated 55+ active adult resort style community. Home is beautifully positioned on a large lot with easily maintained landscaping including citrus trees. Home features an open floor plan with split bedrooms on a single level. Interior has been freshly painted; new Whirlpool dishwasher (spring 2016); TRANE HVAC (January 2011); ceiling fans in both bedrooms, living, dining and Arizona room. Kitchen has granite countertops, electric smooth top range, and pantry. Community has swimming pool, spa, fitness center, clubhouse, numerous on-going activities, and more. Membership to the golf course is optional. Close to freeways, shopping, hospital and medical offices. Virtual tour under photos tab. Agent is related to owner. Offered ''as is''.

Last Agent to Sell the Property

Ellen McElhanon

Contigo Realty License #SA545732000 Listed on: 08/25/2016

Last Buyer's Agent

Brent Heiden

Iannelli and Associates License #SA635800000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,148

Year Built

  • Built in 1979

Lot Details

  • 9,109 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,294 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 989
  • Assessor Parcel Number 218-62-465

Community Details

Overview

  • Association fees include ground maintenance
  • Fosha Association, Phone Number (480) 984-1434
  • Fosca Association, Phone Number (480) 380-4000
  • Association Phone (480) 380-4000
  • Fountain Of The Sun Parcel No 4 Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,148

Year Built

Built in 1979

Lot Details

0

HOA Fees

$66 per month

Parking

2

Listing Details

  • Cross Street: Broadway and 80th Street (near Sossoman)
  • 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: 65.75
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2008
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2011
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2002
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1979
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: FOUNTAIN OF THE SUN PARCEL NO 4
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 127.51
  • Association Fees:HOA Fee2: 207.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Interior Steps, Pantry, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1294.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: 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:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Partial
  • Exterior Features: Covered Patio(s)
  • Lot Features: Corner Lot, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Wall/Window Unit(s), Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Guarded Entry, Golf, Clubhouse, Fitness Center
  • Association #2 Fee: 582.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 207.0
  • Association Fee Frequency: Annually
  • Association: FOSCA
  • Association Name: FOSHA
  • Association Phone #2: 480-380-4000
  • Phone: 480-984-1434
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: FOSHA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1250.0
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 9109.0
  • Parcel #: 218-62-465
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1147.96
  • Tax Book Number: 218.00
  • Tax Lot: 989
  • Tax Map Number: 62.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2016
Closed on
Mar 6, 2017
Sold by
Mcelhanon Peggy D
Bought by
Harvey James W and Harvey Gayle M
Seller's Agent
Ellen McElhanon
Contigo Realty
Buyer's Agent
Brent Heiden
Iannelli and Associates
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
$343,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,132
Avg. Annual Appreciation
8.71%
Original Mortgage
$159,101
Outstanding Balance
$131,862
Interest Rate
4.15%
Mortgage Type
VA
Estimated Equity
$211,270

Purchase Details

Closed on
May 27, 2008
Sold by
Chapman Jerry B and Chapman Gia R
Bought by
Mcelhanon Donald J and Mcelhanon Peggy D

Purchase Details

Closed on
Jul 30, 2002
Sold by
Reuwee Elizabeth M and The Reuwee Family Trust
Bought by
Chapman Jerry B and Chapman Gia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,450
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
Harvey James W $165,000 Chicago Title
Mcelhanon Donald J $149,900 Security Title Agency Inc
Chapman Jerry B $90,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harvey James W $159,101
Previous Owner Chapman Jerry B $67,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2017 03/30/17 Sold $165,000 0.0% $128 / Sq Ft
02/22/2017 02/22/17 Price Changed $165,000 -5.7% $128 / Sq Ft
09/12/2016 09/12/16 For Sale $175,000 +6.1% $135 / Sq Ft
09/09/2016 09/09/16 Off Market $165,000 -- --
08/25/2016 08/25/16 For Sale $175,000 -- $135 / 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 $1,442 $17,365 -- --
2024 $1,458 $16,538 -- --
2023 $1,458 $25,000 $5,000 $20,000
2022 $1,426 $19,300 $3,860 $15,440
2021 $1,465 $17,950 $3,590 $14,360
2020 $1,445 $16,230 $3,240 $12,990
2019 $1,339 $14,820 $2,960 $11,860
2018 $1,278 $13,600 $2,720 $10,880
2017 $1,238 $12,720 $2,540 $10,180
2016 $1,216 $13,530 $2,700 $10,830
2015 $1,148 $12,080 $2,410 $9,670
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Ellen McElhanon

    Contigo Realty

    Section Image
  • Brent Heiden

    Buyer's Agent in 2017

    Brent Heiden

    Iannelli and Associates

    (480) 334-2553

    102 in this area

    140 Total Sales

    Brent Heiden
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5488801

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-62-465

Arizona Maricopa County Mesa 85208 Fountain of the Sun

8345 E Fay Ave, Mesa, AZ

Not Listed for Sale

Detached

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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