NOT LISTED FOR SALE

14460 N Saguaro Blvd Fountain Hills, AZ 85268

Estimated Value: $622,630 - $732,000

1 Bed
-- Bath
2,460 Sq Ft
$271/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $388,000 $158 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,593/month

232 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Heating Available
  • Fountain Hills Middle School Rated A-

About This Home

As of April 2018

Fantastic Investment opportunity, Both sides are rented. Each unit is 2bd/2ba. A side has a private pool.

Last Agent to Sell the Property

Caroline LaPenta

CPL Properties License #BR558643000 Listed on: 07/13/2017

Co-Listed By

Virginia LaPenta

CPL Properties License #SA557673000

Last Buyer's Agent

Jay Schlum

RE/MAX Fine Properties License #SA117644000

RE/MAX Fine Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,150

Year Built

  • Built in 1976

Lot Details

  • 10,498

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Parking

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

Schools

  • Mcdowell Mountain Elementary School
  • Fountain Hills Middle School
  • Fountain Hills High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer, cable TV
  • The owner pays for landscaping, pool/spa maintenance
  • Legal Lot and Block 14 / 14
  • Assessor Parcel Number 176-02-107

Community Details

Overview

  • 2 Units
  • Building Dimensions are 10498sqft
  • Fountain Hills Az Final Plat No 104 Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $1,150
  • Gross Income $30,000
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,150

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Cross Street: Saguaro and FH Blvd
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Year Built: 1976
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cplp001
  • Co List Office Phone: 480-837-4663
  • Subdivision Name: FOUNTAIN HILLS AZ FINAL PLAT NO 104
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: See Remarks, Tile
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, 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:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:Pool2: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

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

Lot Info

  • Lot Size: 10498sqft
  • Additional Parcels: No
  • Parcel #: 176-02-107

Multi Family

  • Owner Pays: Landscaping, Pool/Spa Maintenance
  • Tenant Pays: Water, Sewer, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 30000.0
  • Property Net Operating Income: 30000.0
  • Annual Operating Expense: 1150.0

Tax Info

  • Tax Annual Amount: 1150.0
  • Tax Block: 14
  • Tax Book Number: 176.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2022
Sold by
Merica Rentals Llc
Bought by
Blue Bobcat Llc
Current Estimated Value
$666,158

Purchase Details

Listed on
Jul 13, 2017
Closed on
Apr 4, 2018
Sold by
Quyle Robert J and Quyle Sharon A
Bought by
Merica Greg K and Merica Chandra L
Seller's Agent
Caroline LaPenta
CPL Properties
Buyer's Agent
Jay Schlum
RE/MAX Fine Properties
List Price
$399,000
Sold Price
$388,000
Premium/Discount to List
-$11,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Oct 15, 2013
Sold by
Jackson H Duane and Jackson Rose Marie
Bought by
Quyle Robert J and Quyle Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,500
Interest Rate
3.37%
Mortgage Type
VA

Purchase Details

Closed on
Oct 25, 2004
Sold by
Jackson H Duane and Jackson Rose Marie
Bought by
Jackson H Duane and Jackson Rose Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2004
Sold by
Chalfoun Kaisar E and Chalfoun Anita
Bought by
Groh Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,400
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 1999
Sold by
Metropolitan Equities Inc
Bought by
Chalfoun Kaisar E and Chalfoun Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 1998
Sold by
Israel David
Bought by
Metropolitan Equities Inc
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
Blue Bobcat Llc -- --
Merica Greg K $388,000 First American Title Insuran
Quyle Robert J $380,000 First American Title Ins Co
Jackson H Duane $399,900 Chicago Title Insurance Comp
Jackson H Duane $399,900 Chicago Title Insurance Comp
Groh Michael $205,500 First American Title Ins Co
Chalfoun Kaisar E $162,500 --
Metropolitan Equities Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quyle Robert J $392,500
Previous Owner Jackson H Duane $280,000
Previous Owner Groh Michael $164,400
Previous Owner Chalfoun Kaisar E $128,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2018 04/06/18 Sold $388,000 -2.8% $158 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
12/01/2017 12/01/17 For Sale $399,000 +2.8% $162 / Sq Ft
12/01/2017 12/01/17 Off Market $388,000 -- --
08/07/2017 08/07/17 For Sale $399,000 0.0% $162 / Sq Ft
08/07/2017 08/07/17 Price Changed $399,000 0.0% $162 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $399,000 -- $162 / 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 $1,189 $20,618 -- --
2024 $1,141 $19,636 -- --
2023 $1,141 $49,170 $9,830 $39,340
2022 $1,117 $36,430 $7,280 $29,150
2021 $1,214 $35,610 $7,120 $28,490
2020 $1,191 $32,720 $6,540 $26,180
2019 $1,212 $28,100 $5,620 $22,480
2018 $1,207 $26,010 $5,200 $20,810
2017 $1,162 $23,870 $4,770 $19,100
2016 $1,024 $22,580 $4,510 $18,070
2015 $1,064 $20,880 $4,170 $16,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5632531

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-02-107