NOT LISTED FOR SALE

12035 N Saguaro Blvd Fountain Hills, AZ 85268

Estimated Value: $932,638

-- Bed
-- Bath
7,737 Sq Ft
$121/Sq Ft Est. Value

Last Sold April 06, 2022

Last sale price $935,000 $121 Per Sq Ft

Current estimated payment $5,335/month

130 Days on Market

Highlights

  • Elevator
  • Cooling Available
  • Heat Pump System
  • Fountain Hills Middle School Rated A-
  • Ceramic Tile Flooring

About This Home

As of April 2022

Wonderful Fountain Hills Office Building 100% Occupied! Great Income Investment opportunity with 7737 Sq Ft with 8 separate 100% fully occupied Suites! Well maintained Building with New Roof! Entire Building Repainted! Newer AC Units! Convenient exterior Elevator which is serviced regularly
Great location just a few blocks from Scenic 500 ft Fountain!

Last Agent to Sell the Property

Frank Boyd

Elite Partners License #SA031408000 Listed on: 02/26/2022

Co-Listed By

Brittney Boyd

Elite Partners License #SA673047000

Last Buyer's Agent

David Rod

Keller Williams Arizona Realty License #BR030757000

Keller Williams Arizona Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,123

Year Built

  • Built in 1986

Lot Details

  • 0.38 Acre Lot
  • Block Wall Fence
  • Property is zoned C 3

Home Design

  • 7,737 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 21 Open Parking Spaces
  • 21 Parking Spaces
  • Public Parking
  • Free Parking
  • Paved Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 176-08-119

Community Details

Overview

  • 2 Buildings
  • Fountain Hills C 3 Subdivision

Amenities

  • Elevator

Building Details

  • Operating Expense $25,229
  • Gross Income $84,000
  • Net Operating Income $64,894

Property Details

Property Type

Other

Est. Annual Taxes

$6,123

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Saguaro & Shea
  • Property Type: Comm/Industry Sale
  • Zoning: C 3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2021
  • Directions: North on Saguaro
  • Lot Size Acres: 0.38
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3600.0
  • Co List Office Mls Id: hagu01
  • Co List Office Phone: 480-998-0110
  • Subdivision Name: Fountain Hills C 3
  • Structure Type: Commercial, Office
  • Water Source Private Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Concrete
  • Living Area: 7737.0

Exterior Features

  • Fencing: Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Parking Lot, Paved, Free
  • Attached Garage: No
  • Open Parking Spaces: 21.0
  • Total Parking Spaces: 21.0
  • General Property Description:Uncvrd Parking Spcs: 21.0
  • General Property Description:Total Parking Spcs: 21.0
  • Parking Features Paved Parking: Yes
  • Parking Features Free: Yes
  • Parking Features Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Electric
  • Green Building Features: Public Elevator(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Public Elevator(s): Yes

Fee Information

  • Annual Water Sewer Expense: 1400.0

Lot Info

  • Lot Size Sq Ft: 16491.0
  • Parcel #: 176-08-119

Multi Family

  • Electric Expense: 600.0
  • Annual Gross Income: 84000.0
  • Insurance Expense: 2283.0
  • Maintenance Expense: 5100.0
  • Property Net Operating Income: 64894.0
  • Annual Operating Expense: 25229.0

Tax Info

  • Tax Annual Amount: 6123.0
  • Tax Book Number: 176.00
  • Tax Lot: 21
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2022
Closed on
Mar 25, 2022
Sold by
A & W Arizona Llc
Bought by
Aes Property Development Llc
Seller's Agent
Frank Boyd
Elite Partners
Buyer's Agent
David Rod
Keller Williams Arizona Realty
List Price
$985,000
Sold Price
$935,000
Premium/Discount to List
-$50,000
-5.08%
Current Estimated Value
$932,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,362
Avg. Annual Appreciation
0.40%
Original Mortgage
$285,000
Outstanding Balance
$267,738
Interest Rate
4.42%
Mortgage Type
Seller Take Back
Estimated Equity
$680,664

Purchase Details

Closed on
Apr 6, 2017
Sold by
Terrys Real Estate Investments Llc
Bought by
A & W Arizona Llc

Purchase Details

Closed on
Feb 1, 2013
Sold by
Siegel Debbie and Siegel Debra Lee
Bought by
Siegel Mark and Siegel Mark Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
3.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2005
Sold by
Brown Scott W and Brown Deanna J
Bought by
Siegel Mark and Siegel Debbie

Purchase Details

Closed on
Apr 28, 2005
Sold by
Amin Ramesh G and Amin Daxa R
Bought by
Brown Scott W and Brown Deanna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 23, 2005
Sold by
Amin Ramesh G and Amin Daxa R
Bought by
Zeimet Jean Bernard and Brown Scott W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 17, 2002
Sold by
Amin Ramesh and Amin Daxa
Bought by
Amin Ramesh G and Amin Daxa R

Purchase Details

Closed on
Jan 26, 1996
Sold by
Brown Martin A and Brown Terry L
Bought by
Amin Ramesh and Amin Daxa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
7.68%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aes Property Development Llc $935,000 First American Title
A & W Arizona Llc $650,000 American Title Service Agenc
Terrys Real Estate Investments Llc $575,000 American Title Service Agenc
Sevastopol Holdings Llc $475,000 American Title Service Agenc
Siegel Mark -- Magnus Title Agency
Siegel Mark $1,300,000 Capital Title Agency Inc
Brown Scott W $890,000 Capital Title Agency Inc
Zeimet Jean Bernard -- Capital Title Agency Inc
Amin Ramesh G -- --
Amin Ramesh $550,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aes Property Development Llc $285,000
Previous Owner Siegel Mark $532,500
Previous Owner Brown Scott W $790,000
Previous Owner Amin Ramesh $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2022 04/06/22 Sold $935,000 -5.1% $121 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $985,000 0.0% $127 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $985,000 0.0% $127 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $985,000 -- $127 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $5,332 $92,453 -- --
2024 $5,436 $90,802 -- --
2023 $5,436 $96,322 $27,846 $68,476
2022 $5,477 $94,500 $28,035 $66,465
2021 $6,123 $112,122 $28,836 $83,286
2020 $6,007 $108,954 $27,810 $81,144
2019 $6,113 $94,446 $26,478 $67,968
2018 $6,088 $82,656 $27,036 $55,620
2017 $5,861 $70,398 $27,036 $43,362
2016 $6,171 $71,316 $24,066 $47,250
2015 $7,583 $91,205 $19,240 $71,965
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2022

    Frank Boyd

    Elite Partners

  • B

    Seller Co-Listing Agent in 2022

    Brittney Boyd

    Elite Partners

  • David Rod

    Buyer's Agent in 2022

    David Rod

    Keller Williams Arizona Realty

    (602) 989-8000

    3 in this area

    111 Total Sales

    David Rod
    Section Image
  • Cameron Rod

    Buyer Co-Listing Agent in 2022

    Cameron Rod

    Keller Williams Arizona Realty

    (602) 828-8500

    3 in this area

    111 Total Sales

    Cameron Rod
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6311953

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-08-119

Arizona Maricopa County Fountain Hills 85268

12035 N Saguaro Blvd, Fountain Hills, AZ

This home is located at 12035 N Saguaro Blvd, Fountain Hills, AZ 85268 since 26 February 2022 and is currently estimated at $932,638, approximately $120 per square foot. This property was built in 1986. 12035 N Saguaro Blvd is a home located in Maricopa County with nearby schools including McDowell Mountain Elementary School and Fountain Hills Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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