NOT LISTED FOR SALE

14415 N Sherwood Dr Unit 1 & 2 Fountain Hills, AZ 85268

Estimated Value: $537,000 - $736,000

4 Beds
4 Baths
2,052 Sq Ft
$312/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $635,000 $309 Per Sq Ft

Current estimated payment $3,416/month

19 Days on Market

Highlights

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

About This Home

As of September 2021

This beautiful and low maintenance Sonoran duplex is located right in Fountain Hills! Both units are 2 bedroom with 2 ensuite bathrooms! Granite countertops in the kitchen! Warm tile throughout the unit with cozy fireplaces in the family room. Private back patios with a spacious and desert landscape backyard! Enclosed washer/dryer off the back patio for each unit as well as storage units for both! 2 covered parking spots for each unit! Currently occupied way under market value with tenants that are month-to-month leases. Tenants pay electric, water, trash, and cableTV/internet. Owner pays for sewer and landscaping only! Very well kept duplex with plenty of upside potential!

Last Agent to Sell the Property

Anthony Liutkus

HomeSmart License #BR678663000 Listed on: 07/09/2021

HomeSmart

Last Buyer's Agent

Larry Burr

ATLAS AZ, LLC License #SA684467000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,112

Year Built

  • Built in 1986

Lot Details

  • 0.26

Home Design

  • Built-Up Roof
  • Metal Construction or Metal Frame
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

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

Schools

  • Fountain Hills High Elementary School
  • Fountain Hills Middle School
  • Fountain Hills High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, water
  • The owner pays for sewer, landscaping
  • Legal Lot and Block 3 / 4
  • Assessor Parcel Number 176-02-334

Community Details

Overview

  • 2 Units
  • Building Dimensions are 11,099
  • Fountain Hills Arizona Final Plat No 111 Subdivision

Building Details

  • Operating Expense $2,992
  • Gross Income $30,210
  • Net Operating Income $30,210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,112

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: N Fountain Hills Blvd & N Saguaro Blvd
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: FOUNTAIN HILLS ARIZONA FINAL PLAT NO 111
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Other (See Remarks), Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Metal
  • Roof: Built-Up
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Add'l Parking Avail, >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Elementary School: Fountain Hills High School
  • High School: Fountain Hills High School
  • Junior High Dist: Fountain Hills Unified District
  • Middle Or Junior School: Fountain Hills Middle School

Lot Info

  • Lot Size: 11,099
  • Additional Parcels: No
  • Parcel #: 176-02-334

Multi Family

  • Owner Pays: Sewer, Landscaping
  • Tenant Pays: Electricity, Water
  • Number Of Units Total: 2
  • Annual Gross Income: 30210.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 680.0
  • Property Net Operating Income: 30210.0
  • Annual Operating Expense: 2992.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1112.0
  • Tax Block: 4
  • Tax Book Number: 176.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Alex I Hsu Living Trust
Bought by
Sherwood North Llc
Current Estimated Value
$632,599

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 10, 2021
Sold by
Radan Properties Llc
Bought by
Hsu Alex I and The Alex I Hsu Living Trust
Seller's Agent
Anthony Liutkus
HomeSmart
Buyer's Agent
Larry Burr
ATLAS AZ, LLC
List Price
$675,000
Sold Price
$635,000
Premium/Discount to List
-$40,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.20%
Original Mortgage
$476,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2020
Sold by
Flyte Scott W and Flyte Dana M
Bought by
Radan Properties Llc

Purchase Details

Closed on
Jul 12, 2018
Sold by
Apple Creek Inc
Bought by
Flyte Scott W and Flyte Dana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2011
Sold by
Federal National Mortgage Association
Bought by
Apple Cree Inc

Purchase Details

Closed on
Feb 11, 2011
Sold by
Wilson James D and Szeliga Joyce A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 13, 1994
Sold by
Eminhizer Ronald L and Eminhizer Shirley T
Bought by
Wilson James D and Szeliga Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,300
Interest Rate
7%
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
Sherwood North Llc -- None Listed On Document
Hsu Alex I $635,000 First Integrity Ttl Agcy Of
Radan Properties Llc $430,000 Empire West Title Agency Llc
Flyte Scott W $308,000 First American Title Insuran
Apple Cree Inc $142,000 Servicelink
Federal National Mortgage Association $280,266 Accommodation
Wilson James D $115,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hsu Alex I $476,250
Previous Owner Flyte Scott W $231,000
Previous Owner Wilson James D $92,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $635,000 -5.9% $309 / Sq Ft
07/09/2021 07/09/21 For Sale $675,000 -- $329 / 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 $1,184 $20,528 -- --
2024 $1,057 $19,551 -- --
2023 $1,057 $45,800 $9,160 $36,640
2022 $1,032 $33,850 $6,770 $27,080
2021 $1,133 $33,200 $6,640 $26,560
2020 $1,112 $30,510 $6,100 $24,410
2019 $1,136 $26,760 $5,350 $21,410
2018 $1,131 $24,910 $4,980 $19,930
2017 $1,087 $23,150 $4,630 $18,520
2016 $1,070 $22,200 $4,440 $17,760
2015 $1,000 $20,610 $4,120 $16,490
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Anthony Liutkus

    HomeSmart

    (602) 230-7600

    1 in this area

    28 Total Sales

    Anthony Liutkus
    Section Image

  • L

    Buyer's Agent in 2021

    Larry Burr

    ATLAS AZ, LLC

    (480) 828-3283

    2 in this area

    87 Total Sales

    Larry Burr
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6262276

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-02-334

Arizona Maricopa County Fountain Hills 85268

14415 N Sherwood Dr Unit 1 & 2, Fountain Hills, AZ

This home is located at 14415 N Sherwood Dr Unit 1 & 2, Fountain Hills, AZ 85268 since 09 July 2021 and is currently estimated at $640,297, approximately $312 per square foot. This property was built in 1986. 14415 N Sherwood Dr Unit 1 & 2 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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