NOT LISTED FOR SALE

14237 N Ibsen Dr Fountain Hills, AZ 85268

Estimated Value: $581,238 - $646,000

-- Bed
-- Bath
2,252 Sq Ft
$273/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $470,250 $209 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,317/month

Highlights

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Ceiling Fan
  • Fountain Hills Middle School Rated A-

About This Home

As of February 2021

This scenic fountain hills duplex is spacious and inviting. Both units are 2 bed, 2 bath with vaulted ceilings in the living rooms. Unit A is currently rented & completely remodeled with an open concept and large kitchen island with durable and beautiful faux wood, vinyl tile floors. Unit B can be rented at market rent, as is but has room for added value with a remodel. Unit B has large tile throughout the kitchen, living area and hallway with carpeted rear bedrooms. Both units have large, individually fenced yards with manicured desert landscaping with minimal maintenance needed. Since the home is only a few minutes walk to Fountain Park, you can see the fountain in the distance from the backyards and easily walk to shopping and restaurants.

Last Agent to Sell the Property

Lisa Schantz

Realty ONE Group License #SA688129000 Listed on: 01/12/2021

Realty ONE Group

Last Buyer's Agent

Jody Bowen

My Home Group Real Estate License #SA685655000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,078

Year Built

  • Built in 1984

Lot Details

  • 0.27

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

  • Fountain Hills Middle School
  • Fountain Hills High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV, landscaping
  • Legal Lot and Block 7 / 15
  • Assessor Parcel Number 176-02-120

Community Details

Overview

  • 2 Units
  • Building Dimensions are 11,949
  • Fountain Hills Az 104 Subdivision

Building Details

  • Operating Expense $1,078
  • Net Operating Income $17,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,078

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Saguaro & Palisades
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: FOUNTAIN HILLS AZ 104
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: 2 or More Units, Central A/C, Electric, Ceiling Fan(s)
  • Heating: Central, Heat Pump, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:_two_ or More Units3: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Shutters2: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Elementary School: Fountain Hills Middle School
  • High School: Fountain Hills High School
  • Middle Or Junior School: Fountain Hills Middle School

Lot Info

  • Lot Size: 11,949
  • Additional Parcels: No
  • Parcel #: 176-02-120

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Property Net Operating Income: 17100.0
  • Annual Operating Expense: 1078.0

Tax Info

  • Tax Annual Amount: 1078.0
  • Tax Block: 15
  • Tax Book Number: 176.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2022
Sold by
14237 Ibsen Llc
Bought by
Murray Michol
Current Estimated Value
$614,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,400
Outstanding Balance
$415,708
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$198,602

Purchase Details

Closed on
Apr 22, 2021
Sold by
Murray Michol and Murray Kelly A
Bought by
Gem Homes Corporation

Purchase Details

Listed on
Jan 12, 2021
Closed on
Feb 5, 2021
Sold by
Biswas Daniele Kumar
Bought by
Murray Michol and Murray Kelly A
Seller's Agent
Lisa Schantz
Realty ONE Group
Buyer's Agent
Jody Bowen
My Home Group Real Estate
List Price
$470,000
Sold Price
$470,250
Premium/Discount to List
$250
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$351,787
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2018
Closed on
Jul 3, 2018
Sold by
Laiq Idriz
Bought by
Biswas Kathlene Margaret and Biswas Daniele Kumar
Seller's Agent
Daniel Kahn
E & G Real Estate Services
Buyer's Agent
Beverly Shepard
Coldwell Banker Realty
Sold Price
$1,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$337,450
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2016
Sold by
Biederbeck Daniel W and Hart Linda K
Bought by
Laiq Idriz

Purchase Details

Closed on
Jan 18, 2013
Sold by
Waddell Holding Ibsen Llc
Bought by
Biederbeck Daniel W and Hart Linda K

Purchase Details

Closed on
Jan 6, 2011
Sold by
Waddell Dale
Bought by
Waddell Holding Ibsen Llc

Purchase Details

Closed on
May 6, 2010
Sold by
Waddell Gail
Bought by
Waddell Dale

Purchase Details

Closed on
Apr 27, 2010
Sold by
Emc Mortgage Corporation
Bought by
Waddell Dale

Purchase Details

Closed on
Apr 17, 2009
Sold by
Houston Lloyd
Bought by
Emc Mortgage Corporation

Purchase Details

Closed on
Jun 26, 2007
Sold by
Houston Lloyd
Bought by
Baidoobonso Iam Nana

Purchase Details

Closed on
Jun 25, 2007
Sold by
Houston Lloyd
Bought by
Baidoobonso Iam Nana

Purchase Details

Closed on
Sep 5, 2006
Sold by
Baidoobomso Iam Nana
Bought by
Houston Lloyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
9.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2006
Sold by
Sample Light
Bought by
Baidoobsonso Iam Nana

Purchase Details

Closed on
Jun 30, 2005
Sold by
Clemens Roger H
Bought by
Sample Light

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2005
Sold by
Tonten Properties Llc and Johanson Inga
Bought by
Clemens Roger H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2003
Sold by
Ozga William T and Ozga Sally M
Bought by
Clemens Roger H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2002
Sold by
Johanson Inga
Bought by
Ozga William T and Ozga Sally M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2002
Sold by
Johanson Inga
Bought by
Tomten Properties Llc

Purchase Details

Closed on
Sep 22, 1998
Sold by
Frable Robert J and Frable Carol A
Bought by
Johanson Inga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 1996
Sold by
Frable Rose
Bought by
Frable Robert J and Frable Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8.25%

Purchase Details

Closed on
Jun 22, 1994
Sold by
Terryah Thomas A and Terryah Marguerite C
Bought by
Frable Robert J and Frable Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,400
Interest Rate
6.75%
Mortgage Type
New Conventional
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
Murray Michol -- Magnus Title
Gem Homes Corporation -- None Listed On Document
Murray Michol $469,050 Fidelity Natl Ttl Agcy Inc
Biswas Kathlene Margaret $397,000 Stewart Title & Trust Of Pho
Laiq Idriz $235,000 Greystone Title Agency Llc
Biederbeck Daniel W $225,000 Grand Canyon Title Agency In
Waddell Holding Ibsen Llc -- None Available
Waddell Dale -- Guaranty Title Agency
Waddell Dale $136,500 Guaranty Title Agency
Emc Mortgage Corporation $228,166 Great American Title Agency
Baidoobonso Iam Nana -- None Available
Baidoobonso Iam Nana -- None Available
Houston Lloyd $540,000 Title Guaranty Agency
Baidoobsonso Iam Nana -- None Available
Sample Light $480,000 Long Title Agency
Clemens Roger H -- Title Security Agency
Clemens Roger H $227,000 Security Title Agency
Ozga William T $185,000 First American Title Ins Co
Tomten Properties Llc -- --
Johanson Inga $147,000 Security Title Agency
Frable Robert J -- United Title Agency
Frable Robert J $131,750 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Michol $449,400
Previous Owner Murray Michol $351,787
Previous Owner Biswas Kathlene Margaret $337,450
Previous Owner Houston Lloyd $540,000
Previous Owner Sample Light $332,000
Previous Owner Clemens Roger H $181,600
Previous Owner Ozga William T $148,000
Previous Owner Johanson Inga $102,900
Previous Owner Frable Robert J $98,000
Previous Owner Frable Robert J $105,400
Closed Sample Light $83,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2021 02/12/21 Sold $470,250 +0.1% $209 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $470,000 0.0% $209 / Sq Ft
09/01/2018 09/01/18 Rented $1,400 0.0% --
08/06/2018 08/06/18 Under Contract -- -- --
07/20/2018 07/20/18 Price Changed $1,400 -6.7% $1 / Sq Ft
07/14/2018 07/14/18 For Rent $1,500 0.0% --
07/10/2018 07/10/18 Sold $397,000 -0.5% $176 / Sq Ft View Prior Sale
05/17/2018 05/17/18 For Sale $399,000 -- $177 / 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 $1,229 $21,307 -- --
2024 $1,015 $20,292 -- --
2023 $1,015 $48,270 $9,650 $38,620
2022 $989 $35,580 $7,110 $28,470
2021 $1,098 $34,950 $6,990 $27,960
2020 $1,078 $32,100 $6,420 $25,680
2019 $1,252 $28,150 $5,630 $22,520
2018 $1,100 $26,200 $5,240 $20,960
2017 $1,055 $24,310 $4,860 $19,450
2016 $1,033 $23,250 $4,650 $18,600
2015 $976 $21,580 $4,310 $17,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6180034

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-02-120