Tag Archives: Fountain Hills Bank Owned Home

Spanish Style, 3 Bedroom Bank-Owned Home Under $200,000 in Fountain Hills


16925 E. De Anza Dr. Fountain Hills

Bank-owned homes can be an incredible value, and here’s a great example of a 3 bedroom Spanish-style home in The Cottonwoods neighborhood of Fountain Hills.  Under $200,000, this bank-owned gem with 3 bedrooms, 2 baths and a 2 car garage appears to be extremely clean, cared for and well put together with custom upgrades normally found in more expensive homes.   The split bedroom plan of this 3-bedroom home features a large living room with a triple 8’ patio
door-wall and corner fireplace, high ceilings, Saltillo tile and blue tile accents that create a soothing, southwest ambiance, perfect for your relaxed, Fountain Hills lifestyle.

Upgraded Kitchen of Granite, Maple Cabinetry, Specialty Lighting & Beautiful Stone

The remodeled kitchen of this 3 bedroom, bank-owned home features upgraded Maple cabinetry with pull-outs, self-closing drawers, custom pulls and tasteful granite and stone trims.  There is a spacious nook with plantation shutters, a 2-person breakfast bar, and a convenient granite-topped work desk.  The bisque GE appliances are in great shape and there’s a pantry for added convenience.

The master suite features two separate, granite-topped, tall height vanities with porcelain bowls and upgraded fixtures.  There is a walk-in shower and a large walk-in closet with a laminate organizer system.   The guest bedroom wing of this 3 bedroom, bank owned home has an adorable guest bath with custom vanity, mirror and lights.

A Backyard to Love! Pool, Heated Spa, Lots of Patios and Mature Landscape Includes 2 Citrus Trees

Outdoors, there’s a lot packed into this pretty back yard to help you enjoy the lovely Fountain Hills evenings.  The pool is large enough for laps, there is
an (LP) gas heated spa, lots of patios and a great landscape design with two
mature citrus trees.

Located in The Cottonwoods of Fountain Hills, this beautiful Spanish-style, bank-owned home is only two blocks from the World Famous Fountain and the Town Village.  The neighborhood is named for a tall grove of Cottonwood trees on its north side, giving neighborhood a sense of privacy.  There are no HOA Fees, yet the community has a strong sense of pride of;  2010 taxes for this beautiful 3 bedroom, bank-owned home were $1316.

Fountain Hills, AZ is on the eastern slope of the McDowell Mountains with big, panoramic views, great golf courses, a relaxed hometown atmosphere and friendly people.  Foreclosure activity in the community is trending downward, and housing inventory is at its lowest point since 2004.   Real estate experts have long held that the unique, custom home nature of the high desert community of Fountain Hills would allow it to be a leader in the rebound of the Arizona real estate market.

If you like Spanish architecture and are looking for a clean, resort-style ambiance, be sure to check out this 3 bedroom, bank-owned home, priced at only $195,030.   For more information about bank-owned homes, learn more about the Fountain Hills real estate market, or about the incredible Southwestern lifestyle of Fountain Hills, contact Dori Wittrig, President and Designated Broker of Sonoran Lifestyle Real Estate.  Ask for the 2nd Quarter Real Estate Report to get all the facts!  Contact her at 602-558-5901 or visit  www.TheSonoranLifestyle.com.

Fountain Hills Bank-Owned Homes Offer Investors the American Dream

Gerry and Emma Morgan, at work in their newest rental property acquisition

Astute investors are taking advantage of current real estate environment to purchase quality bank-owned homes in communities like Fountain Hills, Arizona.  Indeed, you would have to go back several decades to find a more conducive environment for purchasing investment properties that offer the combination of low purchase price plus an active rental market with feasible rental income returns.  Fountain Hills residents Emma and Gerry Morgan are two of those savvy investors taking advantage of the current inventory of bank-owned properties to build their future.

Emma “Aiqi” Morgan was always a go-getter, all the way back to her early years as a young woman in China.  Now, she and Gerry are pursuing their American Dream by methodically acquiring bank-owned investment properties.
They are the prototypical investor…identifying great house deals in quality communities, investing their own labor to improve their acquisition.  They carefully analyze the potential for income and appreciation.  They plan for
long-term…this is part of their retirement program, and a legacy for their
daughter, Elaine.They are a great team.  Emma is the motivation behind their home search, while Gerry provides the expertise needed to analyze the structural integrity of the home and to improve it, with experience gained from many years of investment property ownership and his years with the FAA servicing their flight location and radio systems.  Together, they invest the elbow grease and painting talent as

Buying rental investment homes in Fountain Hills is an easy decision for Emma and Gerry.  They live in and love Fountain Hills, a small community on the far northeastern reaches of Maricopa County, on the eastern slope of the McDowell Mountains with beautiful views of the nearby Superstition, Goldfield and Mazatzal Mountains.  They, like others, enjoy the hometown feeling of the community which offers world-class amenities. Fountain Hills has broad appeal for families wanting a quality place to raise children.  It’s also popular with second home, winter-visitors who want to enjoy the five incredible golf courses, outdoor recreation and small-town events that are the fabric of the social structure.  It is this quality of life that also provides a great source of tenants for homes Gerry and Emma purchase.

Sonoran Lifestyle Real Estate in Fountain Hills was a good fit for Gerry and  Emma.  Agent Bruce Laessig regularly lists quality bank-owned properties for lender-clients, and Designated Broker Dori Wittrig offers the expertise needed to discover both the challenges and opportunities of purchasing bank-owned homes.  Dori also provides a comprehensive Quarterly Market Report that helps her clients to analyze the marketplace and make educated, informed decisions.  Later, Property Manager Dawn Woods then offers professional management
to identify quality tenants that will be a good fit for owners like the Morgans.  It is a formula that works well.  For more information about the opportunities or to get a copy of the company’s Fountain Hills Quarterly Market Report, contact Dori Wittrig, Designated Broker of Sonoran Lifestyle Real Estate at 602-558-5901.  Or, check out www.TheSonoranLifestyle.com.

A “Star Spangled Welcome” to Fountain Hills Newest Residents!

John and T Kay Bertoldi with Dori Wittrig

Welcome to John and T Kay Bertoldi who officially made Fountain Hills their home on a very warm Fourth of July holiday week-end.  John and T Kay,  who are both employed with underwater engineering firm PREVCO, are relocating from Santa Fe, New Mexico.  They chose a lovely territorial style, bank-owned property on Lunar Lane, in FireRock Estates, only a few blocks from their office in the Fountain Hills Technology Park, an “ideal commute time” according to the couple.

The home was both listed and sold by Sonoran Lifestyle Real Estate…Bruce Laessig represented the bank seller, while Dori Wittrig assisted the Bertoldi’s with their purchase.

The Bertoldi's New HomeThe Bertoldis story is interesting, and a true testament to the appeal of Fountain Hills.  Relocating along with their employer, both couples were looking for a warmer climate and a charming, high desert community.  Fountain Hills fit the bill.  They enjoy the hometown atmosphere, community based activities and proximity not only to the dining and cultural offerings of the Valley of the Sun, but also the recreation of central and northeastern Arizona.    Join us in welcoming them!

Fountain Hills 2-Bedroom Resort-Style Condominium at FireRock Resort Casitas

9253 N. Firebrick Drive, #114, Fountain Hills, AZ 85268
2 Bedroom / 2 Bath / 1064 sq. ft.  / 1 Carport   / $145,530

Welcome to FireRock Resort Casitas

Check out this Fountain Hills resort condominium at FireRock Resort Casitas, just in time to plan for a warm winter in the sunny southwest!  Fountain Hills is the perfect place to own a vacation condo or second home, a world class community with a hometown feel on the eastern edge of Maricopa County amid stunning views of several mountain ranges.   Only minutes from Scottsdale and Mesa, Fountain Hills is a world apart, a golf mecca with four public golf courses.  Firerock Country Club, the namesake championship course next door, is a private, member friendly club designed by Gary Panks and managed by community developer MCO Properties.

And in Fountain Hills, there’s no finer resort condominium community than FireRock Resort Casitas, with its lushly landscaped resort-style recreation area, complete with clubhouse, large heated pool and spa.  The community is
within walking distance to dining and shopping, plus there’s a Starbucks Coffee
Shop only a block away!

This ground-level condominium home offers great desert views from the spacious patio area. An elegantly decorated condominium featuring 2 master bedrooms, 2 bathrooms and a great room with a spacious dining area, the well-lit kitchen offers granite counters and a convenient laundry room and pantry.  There is a carport included, plus additional covered parking possibly available.  Of course, a resort condominium at FireRock Resort Casitas provides worry-free ownership and eliminates the need to worry about grounds or building maintenance.   HOA fees are only $195 per month and include cable TV and trash service.  Best of all, the condo is competitively priced at only $145,530!

Don’t put off getting your stake in the game!   This is a great investment property or an outstanding winter second home in Fountain Hills, a community  Newsweek Magazine named Best Affordable Suburb for 2009. For seller financing incentives, agents and their buyers are requested to contact Bruce Laessig of Sonoran Lifestyle Real Estate for details.  Reach him at 480-296-3806 or Bruce@BruceLaessig.com.  Learn more about this beautiful resort-style
condo in FireRock Resort casitas at your Fountain Hills resource for homes,
land and condos at www.TheSonoranLifestyle.com.  To view the property website of this great resort condominium, go to FireRock Casita #114.

New Listing: A Former Model Home with 3 Bedrooms Plus Den at Fountain Hills Town Center

16629 E. Westby Dr., Fountain Hills, AZ 85268  $193,050
1874 Sq. Ft., 3 Bedroom, Den, 2.5 Baths, 2 Car Garage
Click Here for Complete Property Information

16629 E. Westby Drive, Fountain Hills

Here’s a great opportunity to own a former, 3 bedroom plus den, custom model home on 1/3rd acre at Fountain Hills Town Center and only blocks from medical services.  One of Fountain Hills more popular 3 bedroom, former
model homes, this jazzy little number offers lots of bells and whistles!  There’s a spacious living room, dining room, family room and extra den, plus custom upgrades like a 3-way fireplace, all tile floors throughout, beautiful window coverings, custom accent colors and granite counters.  Outside, a beautiful backyard has lots of room for expansion

16629 E.Westby Dr, Fountain Hills Living RoomThe 3-sided fireplace of this 3 bedroom plus den former model graces a vaulted living room that is well-lit with an 8’ tall patio door and a formal dining room with arched windows.  There’s also a Great Room-Kitchen with Breakfast Bar, Dining Nook and large Family Room.  The kitchen offers granite tops, a stainless microwave, large pantry and the charm of the 3-way fireplace.

The Master Suite is also large with a door to the patio and a gracious bath suite that offers a walk-in shower, deep soaking tub, double vanities with a sit-down makeup counter, plus a large walk-in closet.  Two other large bedrooms and a large guest bath make this perfect a perfect 3 bedroom home for a family or empty nesters with guests who enjoy visiting Fountain Hills from the colder climes!

Outdoors, the 1/3 acre lot hosts a beautiful water feature, several walled-in areas for privacy and a large covered patio.  The 2-car garage of this former 3 bedroom plus den model home was originally designed as an oversized 3-car garage, and still has a half-bath and several nice den/office areas plus an extra fireplace— perfect for a home business.  There are NO HOA FEES!  2010 Taxes were $1,906

For More Information, Contact:  Bruce Laessig, Sonoran Lifestyle Real Estate;  480-296-3806 or Bruce@BruceLaessig.com