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$299,454Estimated home value

Beds
2
Baths
2.5
sq ft
1,140

12851 North Mimosa Drive Unit 101, Fountain Hills, AZ 85268

12851 North Mimosa Drive Unit 101

Fountain Hills, AZ 85268

  • Sold On 4/3/2023
Charming, southwest-style townhome with incredible Four Peaks and famous Fountain views! End-unit in private 4-unit complex with heated swimmer's pool and spa. Newer HVAC, water heater, updated baths and all stainless appliances. Wood-burning fireplace, large patio plus balcony to enjoy sunny Arizona weather! Enjoy convenience to downtown, the lake, Avenue of the Fountains shops and numerous restaurants, a short jaunt away. Fountain Hills is an artists' community, featuring 2 annual juried art fairs (500 artists) plus weekly Farmers' Market with unique, hand-crafted offerings. A perfect get-away, or full-time residence with 2 large en suite bedrooms upstairs and powder room downstairs for convenience. ALL furnishings, housewares and appliances shown in home are included in list pric

Details

Property type

Condominium

Est. home value

$299,454

Lot size

0.28 acres

Price per sq ft

$255

Year built

1985

Annual property taxes

$749

Monthly HOA fee

$350

Price History

03/22/2025
ArizonaRegional

ArizonaRegional #6783047

Removed
$290,000
01/31/2025
ArizonaRegional

ArizonaRegional #6783047

Price change
$290,000
-3.3%
01/12/2025
ArizonaRegional

ArizonaRegional #6783047

Price change
$299,900
-4.79%

Schools & Community

Elementary school: 

McDowell Mountain Elementary School

Middle school: 

Fountain Hills Middle School

High school: 

Fountain Hills High School

High school district: 

Fountain Hills Unified District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$39,675
Asking price
$289,900
Closing costs (~8% of asking)
-$23,192
Est. remaining loan balance
-$227,033
Cash to seller
$39,675

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2023

Original loan amount

$232,800

Est. remaining balance

$227,033

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Erik Ward Hansen and Kelly Strand

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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12635 North La Montana Drive Unit 1, Fountain Hills, AZ 85268

Status: Off Market

Tomo last checked: 04/10/2025 at 11:25 PM

Listing updated: 12/27/2023 at 10:57 AM

Listed by: Peggy Moran, Coldwell Banker Realty Phone #: (480) 837-1010

MLS: ArizonaRegional #6529771

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