12029 N Fountain Hills Blvd Unit 1&2 Fountain Hills, AZ 85268
Estimated payment $3,641/month
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heat Pump System
- Fountain Hills Middle School Rated A-
About This Home
Great opportunity for an investor to purchase this duplex. Both sides are rented and the tenants would like to continue renting there. Unit 1 features an open floorplan with tile flooring in traffic areas, carpet in the 3 bedrooms. Huge laundry room, 1 car garage, lg covered patio, fenced in backyard. 1406sq. ft.
Unit 2 features 2 bedrooms & 2 bath. Open living room, kitchen and dining room, corian counters, tile flooring throughout, lg master suite, walk-in shower w/ granite counters, lg laundry room, covered patio, partially fenced in backyard. No HOA. Both units being sold together.
They each have their own assessor number. Exterior was recently painted. Buyer to pay the one time buyer admin/transfer fee of $775.00 at COE.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $926
Year Built
- Built in 1997
Home Design
- Wood Frame Construction
- Built-Up Roof
- Stucco
Flooring
- Carpet
- Ceramic Tile
Parking
- 4 Parking Spaces
- 2 Covered Spaces
- Automatic Garage Door Opener
Schools
- Mcdowell Mountain Elementary School
- Fountain Hills Middle School
- Fountain Hills High School
Utilities
- Cooling Available
- Heat Pump System
- Private Water Source
Listing and Financial Details
- Tax Lot 1 & 2
- Assessor Parcel Number 176-24-567
Community Details
Overview
- 2 Units
- Building Dimensions are 10,768 sq.ft
- Happinest Bcondominiums 1 & 2 Subdivision
Building Details
- Operating Expense $926
- Gross Income $41,040
- Net Operating Income $37,424
Map
Home Values in the Area
Average Home Value in this Area
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 | $892 | $15,469 | -- | -- |
| 2024 | $856 | $14,732 | -- | -- |
| 2023 | $856 | $24,630 | $4,920 | $19,710 |
| 2022 | $838 | $20,800 | $4,160 | $16,640 |
| 2021 | $911 | $19,470 | $3,890 | $15,580 |
| 2020 | $893 | $17,420 | $3,480 | $13,940 |
| 2019 | $909 | $17,320 | $3,460 | $13,860 |
| 2018 | $906 | $15,060 | $3,010 | $12,050 |
| 2017 | $872 | $10,470 | $2,090 | $8,380 |
| 2016 | $805 | $10,450 | $2,090 | $8,360 |
| 2015 | $889 | $10,580 | $2,110 | $8,470 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/11/2025 11/11/25 | Price Changed | $675,000 | -3.4% | -- |
| 09/17/2025 09/17/25 | Price Changed | $699,000 | -2.1% | -- |
| 08/15/2025 08/15/25 | Price Changed | $714,000 | -1.5% | -- |
| 06/09/2025 06/09/25 | For Sale | $725,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | $81,000 | Servicelink | |
| Trustee Deed | $89,100 | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $237,500 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $133,000 | Stewart Title & Trust |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $166,250 | Purchase Money Mortgage | |
| Previous Owner | $212,100 | New Conventional | |
| Previous Owner | $124,000 | New Conventional | |
| Previous Owner | $133,000 | Purchase Money Mortgage |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6878494
APN: 176-24-567
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