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Property Description
Enjoy the mountain and golf course VIEWS from the covered patio in this Balera GATED community within the Firerock subdivision in Fountain Hills. This highly sought after SINGLE LEVEL condo offers 2 ensuite bedrooms,den & half bath; plus an attached two car garage with cabinets & newer TANKLESS water htr.Low maintenance NEWER luxury vinyl plank flooring in kitchen, great room & all traffic areas; carpets in bedrms The open-concept KITCHEN features granite counter-tops,custom cabinetry & breakfast bar in the island, which flows effortlessly into the spacious GREAT ROOM w/ a GAS fireplace. Residents have access to a heated pool, spa & fitness center. BALERA is just minutes from shopping, dining, hiking/walking paths, and the world famous fountain. Click MORE to see more comments. Lots of extra built in cabinetry in kitchen. This CONDO is ideal for full-time living or a seasonal lock-n-leave lifestyle. Car charger in garage does not convey.
Full Property Details
Full Property Details for 16315 E Terrace Ln
General
- Price: $709,000
- HOA FEE: $386/month
- Taxes: $1,741 (2025)
- Status: Active
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6979895
- Updated: Today (2/5/2026)
- Added to Site: Today
Interior
- Interior Features: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, 2 Master Baths, 3/4 Bath Master Bdrm, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Gas
- Appliances: Dryer, Washer, Water Softener Owned, Reverse Osmosis, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Cooktop, Built-In Electric Oven
- Flooring: Other, Carpet, Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Additional Information
- Security/Safety: Fire Sprinkler System, Security System Owned
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
Location
- County: Maricopa
- Township: 3N
- Subdivision: BALERA AT FIREROCK CONDOMINIUM
- Cross Streets: Shea Blvd/Balera
Community
- Association: Yes
- Assoc. Name: Balera
- Assoc. Fees Include: Roof Repair, Insurance, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Heat Pump, Central Air
- Heating Type: Heat Pump, Natural Gas
Utilities
- Water: Pvt Water Company
Structural Information
- Architectural Style: Territorial/Santa Fe,
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Tile
- Common Walls: Two Common Walls, Neighbor Below, Neighbor Above
- Windows: Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 2005
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 1,032
- Lot Size Source: Assessor
- Frontage: Asphalt
- Lot Features: North/South Exposure, Sprinklers In Front, Desert Front
Green Features
- Water Conservation: Tankless Ht Wtr Heat
Financial Considerations
- Association Fee: $386
- Assoc Fee Freq.: Monthly
- Other Assoc Fees: $429
- Tax Amount: $1,741
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Condominium
- Legal Description: LOT 69 BALERA AT FIREROCK CONDOMINIUM MCR 063325
- Property ID: 176-11-530
- Range: 6E
- Section: 27
- Lot Number: 69
Listed by MCO Realty
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Schools
Schools serving 16315 E Terrace Ln
School District:Fountain Hills Unified District
| Name | Grades | Distance |
|---|---|---|
McDowell Mountain Elementary School 14825 North Fayette Drive, Fountain Hills, AZ 85268 | PK-3 | 2.9 mi |
Fountain Hills Middle School 15414 N McDowell Mountain Rd, Fountain Hills, AZ 85268 | 4-8 | 3.5 mi |
Fountain Hills High School 16100 East Palisades Boulevard, Fountain Hills, AZ 85268 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16315 E Terrace Ln
Date
Details
Price
Change
Source
2/05/2026
Listed
$709,000
74.67%
MLS
10/28/2015
Sold
$405,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16315 E Terrace Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,740
-1%
$56,960
10%
2024
$1,762
2%
$51,830
-4%
2023
$1,734
3%
$53,810
22%
2022
$1,690
—
$44,150
22%
2022
$1,690
-10%
$36,200
5%
2021
$1,876
2%
$34,370
4%
2020
$1,842
-2%
$33,100
2%
2019
$1,888
—
$32,500
-1%
2018
$1,879
4%
$32,860
9%
2017
$1,803
2%
$30,260
—
2016
$1,765
6%
$30,270
12%
2015
$1,671
-1%
$27,100
25%
2014
$1,689
4%
$21,600
12%
2013
$1,622
—
$19,350
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16315 E Terrace Ln
16315 E Terrace Lane, Fountain Hills, AZ 85268 (MLS# 6979895) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 16315 E Terrace Lane is currently listed for $709,000 and was received on February 05, 2026. Want to learn more about 16315 E Terrace Lane? Do you have questions about finding other Townhouse real estate for sale in Fountain Hills? You can browse all Fountain Hills real estate or contact a Coldwell Banker agent to request more information.

