NOT LISTED FOR SALE

13616 N Hamilton Dr Unit 101-105 Fountain Hills, AZ 85268

Estimated Value: $548,000 - $937,000

13 Beds
15 Baths
10,689 Sq Ft
$64/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $1,885,000 $176 Per Sq Ft

Current estimated payment $3,877/month

91 Days on Market

Highlights

  • 12 Car Attached Garage
  • Central Heating and Cooling System
  • Carpet
  • Fountain Hills Middle School Rated A-
  • Ceiling Fan

About This Home

As of September 2021

Fabulous 5 unit Turn-Key Investment property! Sold as package deal consisting of units 101, 102, 103, 104, & 105. These town house style condos are nestled on a quiet interior street less than 1/2 mile from fountain Park and shops and restaurants! The 2 end units are 2 bed, +den and 2.5 bath. The middle units are 3 bed, 2.5 bath. Each unit has an attached 1 car garage, large kitchen with stainless Steel appliances, new flooring throughout, granite counters in kitchen and baths, private patio and upstairs master bedroom has balcony with mountain views. No HOA.

Last Agent to Sell the Property

Brent Pauly

West USA Realty License #SA660518000 Listed on: 05/21/2021

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 2007

Lot Details

  • 958

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Parking

  • 12 Car Attached Garage
  • 7 Open Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • The owner pays for electricity, trash collection, water, sewer, cable TV, landscaping
  • Tax Lot 101
  • Assessor Parcel Number 176-07-815

Community Details

Overview

  • 5 Units
  • Building Dimensions are 18473
  • Fountain Hills Hamilton Condominiums Subdivision

Building Details

  • Operating Expense $35,791
  • Gross Income $164,300
  • Net Operating Income $118,228

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,762

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Cross Street: N. Saguaro Blvd & E. La Montana Dr
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2007
  • Tax Year: 2020
  • Directions: From Shea turn North on Saguaro Blvd go past Fountain Park, turn Left on La Montana, then right on Hamilton Dr. Property is on the left.
  • Road Surface Type: Asphalt
  • Subdivision Name: FOUNTAIN HILLS HAMILTON CONDOMINIUMS
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Paved, Add'l Parking Avail, Attached
  • Attached Garage: Yes
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking Features:Attached: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Garage: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, Irrigation
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Interior Amenities:Furnished: Yes

Fee Information

  • Trash Expense: 2347.0
  • Annual Water Sewer Expense: 3521.0

Schools

  • Junior High Dist: Fountain Hills Unified District

Lot Info

  • Lot Size: 18473
  • Additional Parcels: No
  • Parcel #: 176-07-815

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 5
  • Electric Expense: 10318.0
  • Annual Gross Income: 164300.0
  • Insurance Expense: 6250.0
  • Property Net Operating Income: 118228.0
  • Annual Operating Expense: 35791.0
  • Vacancy Allowance Rate: 0.47

Tax Info

  • Tax Annual Amount: 1762.0
  • Tax Book Number: 176.00
  • Tax Lot: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Sep 29, 2021
Sold by
Bnp Investments Llc
Bought by
Hillmar Townhomes Llc
Seller's Agent
Brent Pauly
West USA Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$2,300,000
Sold Price
$1,885,000
Premium/Discount to List
-$415,000
-18.04%
Current Estimated Value
$689,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,196,000
Avg. Annual Appreciation
-22.49%

Purchase Details

Listed on
Oct 30, 2019
Closed on
Jan 27, 2020
Sold by
Barr Burce F and Barr Thalia T
Bought by
Bnp Investments Llc
Seller's Agent
Debra Lougee
Barrett Real Estate
Buyer's Agent
Mark Skelpsa
HomeSmart Realty
List Price
$1,200,000
Sold Price
$1,160,000
Premium/Discount to List
-$40,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.21%
Original Mortgage
$928,000
Interest Rate
3.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 2013
Sold by
Anderson Separate Investments Llc
Bought by
Barr Bruce F and Barr Thalia T
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
Hillmar Townhomes Llc $1,885,000 First American Title
Bnp Investments Llc $1,160,000 Pioneer Title Agency Inc
Barr Bruce F $740,000 Magnus Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bnp Investments Llc $928,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $1,885,000 -5.3% $176 / Sq Ft
08/12/2021 08/12/21 Price Changed $1,990,000 -5.2% $186 / Sq Ft
06/04/2021 06/04/21 Price Changed $2,099,000 -8.7% $196 / Sq Ft
05/21/2021 05/21/21 For Sale $2,300,000 +98.3% $215 / Sq Ft
02/05/2020 02/05/20 Sold $1,160,000 -3.3% $109 / Sq Ft
12/13/2019 12/13/19 Price Changed $1,200,000 0.0% $112 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $1,200,000 -- $112 / 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 $1,826 $30,503 -- --
2024 $1,688 $29,051 -- --
2023 $1,688 $34,920 $6,980 $27,940
2022 $1,652 $28,660 $5,730 $22,930
2021 $1,796 $26,260 $5,250 $21,010
2020 $1,762 $23,900 $4,780 $19,120
2019 $1,800 $23,660 $4,730 $18,930
2018 $1,793 $23,400 $4,680 $18,720
2017 $1,726 $21,820 $4,360 $17,460
2016 $1,521 $21,320 $4,260 $17,060
2015 $1,581 $20,950 $4,190 $16,760
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brent Pauly

    West USA Realty

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

  • Debra Lougee

    Seller's Agent in 2020

    Debra Lougee

    Barrett Real Estate

    (480) 646-2662

    1 in this area

    17 Total Sales

    Debra Lougee
    Section Image
  • Belinda Butler Li

    Seller Co-Listing Agent in 2020

    Belinda Butler Li

    My Home Group

    (602) 391-7534

    75 Total Sales

    Belinda Butler Li
    Section Image

  • M

    Buyer's Agent in 2020

    Mark Skelpsa

    HomeSmart Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6239476

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-07-815

Arizona Maricopa County Fountain Hills 85268

13616 N Hamilton Dr Unit 101-105, Fountain Hills, AZ

This home is located at 13616 N Hamilton Dr Unit 101-105, Fountain Hills, AZ 85268 since 21 May 2021 and is currently estimated at $689,000, approximately $64 per square foot. This property was built in 2007. 13616 N Hamilton Dr Unit 101-105 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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