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Backup Offers

16241 E Terrace Ln, Fountain Hills, AZ, 85268

$750,000

Home List Price

$8,906*

Closing Credit

2 Bedrooms
2 Baths
1,977 SqFt
$379/SqFt
Townhouse
Schools Nearby

Location

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16241 E Terrace Ln, Fountain Hills$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDir Entry frm Garage, Electric Door Opener, Over Height Garage, Common
Garage2 spaces
Year Built2005
HeatingElectric
CoolingCeiling Fan(s)
Fireplace1 Fireplace, Living Room, Gas
ViewMountain(s)
MLS #6663971
Lot Size0.01 Acres
StatusAccepting Backup Offers

About 16241 E Terrace Ln

ALL NEW FURNISHINGS INCLUDED Welcome to the prestigious gated community of Balera, a FireRock Country Club community in Fountain Hills. This stunning FURNISHED turn key, 2bed+den, 2bath is a slice of paradise where elegance and comfort meet. Sleeper sofa in the den for added flexibility and use. Please see doc tab for brand new designer furnishings in addition to new carpet and fresh paint. Vaulted ceilings and open-concept design flow effortlessly from room to room, creating a warm and inviting atmosphere. The spacious kitchen with upgraded stainless appliances, gas cook-top, walk in pantry and a large center island, is open to the living room. Abundance of natural light is evident in all rooms with split plantation shutters offering a superb balance between natural light and privacy. Step outside to your private patio offering extensive golf course and mountain views. Private Owner's Suite with upgraded shower, dual sinks and a Large Walk-in Closet. Den has been furnished with a sleeper sofa providing ample space for additional guests. Pool, Spa & Fitness Center within a short walking distance is exclusive to Balera Residents & their Guests. By living in Balera you are near six wonderful golf courses and enjoy easy access to major highways connecting you to the Phoenix/Scottsdale/Mesa metro area. Over $53k in listed furnishings does not include cost of Ease adjustable bed frame and mattress also included in list price.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 1,977 SqFt

Listing Office:

  • Office Name: First Step Realty
  • Office Phone: (480) 227-9319
  • Listing Agent: Corey Davis

Interior Features

Interior Information:

  • Flooring Type: Carpet, Stone, Tile
  • Interior: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Furnished(See Rmrks), Fire Sprinklers, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Granite Counters
  • Fireplace: 1 Fireplace, Living Room, Gas

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)
  • Exterior: Balcony, Covered Patio(s), Private Street(s)

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Dir Entry frm Garage, Electric Door Opener, Over Height Garage, Common

Virtual/3D Tour

  • Virtual Tour: 16241 E Terrace Ln

Virtual Tour

Lot Features

Lot Information:

  • Lot: Desert Front
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Fountain Hills High School, Public District Grades 9-12
  • Fountain Hills Middle School, Public District Grades 6-8
  • McDowell Mountain Elementary School, Public District Grades PK-3

Other

Directions Information:

  • Directions: Shea Blvd to Balera Drive, right onto E. Ridgeline Drive, left onto Terrace Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $379/SqFt

HOA Fees:

  • Amount: $367
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,876
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fountain Hills, AZ.

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Fountain Hills, AZ

City

Med. Sold Price

$691K

Med. Price/SqFt

$334

Avg. Days On Market

67

# of Sold Homes

48

16241 E Terrace Ln vs Fountain Hills

74 DAYS ON ROCKET

+7 Days

$750,000

+$59K More

$379/SqFt

+$44 More

KEY TAKEAWAY

This property is $59K more than the Median Sold Price and $44/SqFt more than other homes in Fountain Hills, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6663971

Listing Office:

  • Office Name: First Step Realty
  • Office Phone: (480) 227-9319
  • Listing Agent: Corey Davis

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 12:55:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 15, 2018Home Sold
$389,000
Aug 07, 2009Home Sold
$300,000
Nov 29, 2005Home Sold
$419,710

Tax History

YEARPROP. TAXASSESSMENT
2021$1,876$34,370
2020$1,842$33,100
2019$1,878$32,500
2017$2,051$30,260

History based on county public records data.

Payment Calculator

$4,178

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4074616
6
/10

  • McDowell Mountain Elementary School

  • 14825 N Fayette Dr

  • 2.90 miles

  • Public District Grades PK-3

Middle School

school-card-donut-4074617
5
/10

  • Fountain Hills Middle School

  • 15414 N Mcdowell Mountain Rd

  • 3.44 miles

  • Public District Grades 6-8

High School

school-card-donut-4074618
7
/10

  • Fountain Hills High School

  • 16100 E Palisades Blvd

  • 2.69 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $156,739. Residents of Fountain Hills, AZ typically earn $200k+ each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16241 E Terrace Ln

What is the listing price of this property?

The listing price of 16241 E Terrace Ln property is $750,000.

What type of property is this?

The property 16241 E Terrace Ln is a townhouse located in Fountain Hills, Arizona, 85268.

Is this property for sale now?

Accepting Backup Offers: 16241 E Terrace Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 16241 E Terrace Ln are:
McDowell Mountain Elementary School: GreatSchools Rating 6/10
Fountain Hills Middle School: GreatSchools Rating 5/10
Fountain Hills High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,876 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 15, 2018 for $389,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16241 E Terrace Ln has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16241 E Terrace Ln is 1,977 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16241 E Terrace Ln is 2005.

Rocket Homes›Arizona›Maricopa County›Fountain Hills›85268›16241 E Terrace Ln

This home is located at 16241 E Terrace Ln in Fountain Hills, AZ and zip code 85268 in the Firerock neighborhood. This 1,977 square foot home, which was built in 2005, sits on a 0.01 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $750,000.

Fountain Hills, AZ housing market in March 2024 saw over 8 listings sold above listed price, more than 12 sold at listed price and over 28 sold below. The number of homes for sale in Fountain Hills, AZ increased by 4.3% between February 2024 and March 2024. Listings spent 67 days on the market in March 2024, and had a median list price of $691,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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