NOT LISTED FOR SALE

15046 N Escondido Dr Unit A & B Fountain Hills, AZ 85268

Estimated Value: $541,017 - $655,000

-- Bed
4 Baths
2,168 Sq Ft
$276/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $230,000 $106 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $3,341/month

4 Days on Market

Highlights

  • Cooling Available
  • Fountain Hills Middle School Rated A-
  • Heating Available

About This Home

As of January 2016

Great Investment Opportunity! 2 bedrooms, 2 baths each side. Open living, dining and kitchen with breakfast bar. One car carport each side. Big shared backyard with partial fencing. All utilities are paid by the tenants but water and sewer.
*Side walls and wall between units are block construction, everything else is wood framed.

Last Agent to Sell the Property

Tina Nabers

Coldwell Banker Realty License #SA105374000 Listed on: 12/10/2015

Coldwell Banker Realty

Last Buyer's Agent

Lauren Briggs

HomeSmart Lifestyles License #BR022340000

HomeSmart Lifestyles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,083

Year Built

  • Built in 1973

Lot Details

  • 0.26

Home Design

  • Wood Frame Construction
  • 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 cable TV
  • The owner pays for water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 176-04-360

Community Details

Overview

  • 2 Units
  • Building Dimensions are irregular

Building Details

  • Operating Expense $3,183
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,083

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: El Pueblo
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Year Built: 1973
  • Tax Year: 2015
  • Directions: Fountain Hills Blvd. north to El Pueblo east to Escondido south to duplex on the right.
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • 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:_less_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Breakfast Bar2: Yes

Fee Information

  • Annual Water Sewer Expense: 1000.0

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: irregular
  • Additional Parcels: No
  • Parcel #: 176-04-360

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Insurance Expense: 1100.0
  • Property Net Operating Income: 15000.0
  • Annual Operating Expense: 3183.0
  • Vacancy Allowance Rate: 0.5

Tax Info

  • Tax Annual Amount: 1083.0
  • Tax Book Number: 176.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2021
Sold by
Cunningham Hazel A
Bought by
Cunningham Hazel A and Baxter Britt H
Current Estimated Value
$597,011

Purchase Details

Listed on
Dec 10, 2015
Closed on
Jan 15, 2016
Sold by
Holub Kenneth and Holub Faynet E
Bought by
Brannon Betty G and Cunningham Hazel A
Seller's Agent
Tina Nabers
Coldwell Banker Realty
Buyer's Agent
Lauren Briggs
HomeSmart Lifestyles
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$160,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 10, 2015
Closed on
Dec 14, 2015
Sold by
Cunningham William J and Cunningham Hazel A
Bought by
Cunningham Hazel A and Cunningham William J
Seller's Agent
Tina Nabers
Coldwell Banker Realty
Buyer's Agent
Lauren Briggs
HomeSmart Lifestyles
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2000
Sold by
Holub Kenneth and Holub Faynet E
Bought by
Holub Kenneth and Holub Faynet E

Purchase Details

Closed on
Jun 21, 1978
Sold by
Smith J Preston and Smith Sharon J
Bought by
Nicolosi Ralph and Nicolosi Helen
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
Cunningham Hazel A -- None Listed On Document
Brannon Betty G $230,000 First American Title Ins Co
Cunningham Hazel A -- First American Title Ins Co
Holub Kenneth -- --
Nicolosi Ralph -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cunningham Hazel A $195,000
Previous Owner Cunningham Hazel A $105,000
Previous Owner Brannon Betty G $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $230,000 +2.2% $106 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
12/10/2015 12/10/15 For Sale $225,000 -- $104 / 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 $1,051 $20,994 -- --
2024 $1,000 $19,995 -- --
2023 $1,000 $46,370 $9,270 $37,100
2022 $975 $34,270 $6,850 $27,420
2021 $1,082 $33,720 $6,740 $26,980
2020 $1,063 $30,650 $6,130 $24,520
2019 $1,089 $26,880 $5,370 $21,510
2018 $1,084 $24,770 $4,950 $19,820
2017 $759 $22,970 $4,590 $18,380
2016 $844 $21,720 $4,340 $17,380
2015 $1,083 $20,970 $4,190 $16,780
Source: Public Records

Agents Affiliated with this Home

  • Tina Nabers

    Seller's Agent in 2016

    Tina Nabers

    Coldwell Banker Realty

    (602) 653-0142

    73 in this area

    76 Total Sales

    Section Image
  • Lauren Briggs

    Buyer's Agent in 2016

    Lauren Briggs

    HomeSmart Lifestyles

    (480) 269-3248

    26 in this area

    45 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5371782

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-04-360

Arizona Maricopa County Fountain Hills 85268

15046 N Escondido Dr Unit A & B, Fountain Hills, AZ

This home is located at 15046 N Escondido Dr Unit A & B, Fountain Hills, AZ 85268 since 10 December 2015 and is currently estimated at $599,004, approximately $276 per square foot. This property was built in 1973. 15046 N Escondido Dr Unit A & B 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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