NOT LISTED FOR SALE

16436 E Desert Sage Dr Fountain Hills, AZ 85268

Estimated Value: $773,526 - $1,019,000

-- Bed
5 Baths
3,302 Sq Ft
$260/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $695,000 $210 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,603/month

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heat Pump System
  • Fountain Hills Middle School Rated A-
  • Ceiling Fan

About This Home

As of August 2023

Great investment opportunity in beautiful Fountain Hills. The property has panoramic mountain views and also views of
the iconic Fountain. Fresh interior paint just completed in one unit. Property is ready for new tenants or use as a Next Gen home. The possibilities are endless!

Last Agent to Sell the Property

Julie Polito September

Compass License #SA647232000 Listed on: 07/16/2023

Last Buyer's Agent

Susan Pellegrini

MCO Realty License #BR542334000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,252

Year Built

  • Built in 1985

Lot Details

  • 9,975

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces

Schools

  • Four Peaks Elementary School - Fountain Hills
  • Fountain Hills Middle School
  • Fountain Hills High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Legal Lot and Block 33 / 1
  • Assessor Parcel Number 176-05-277

Community Details

Overview

  • 2 Units
  • Building Dimensions are 80x125
  • Fountain Hills Arizona Final Plat No 206 Subdivision

Building Details

  • Operating Expense $2,252

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,252

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Shea and Saguaro
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2022
  • Directions: SR-87 to Shea Blvd, turn left. Turn right on Saguaro Blvd, left on Gunsight Dr, left on La Montana Dr, right on Desert Sage Dr, home is on your right.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: FOUNTAIN HILLS ARIZONA FINAL PLAT NO 206
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • 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
  • Garage Details: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Four Peaks Elementary School - Fountain Hills
  • 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: 80x125
  • Additional Parcels: No
  • Parcel #: 176-05-277

Multi Family

  • Owner Pays: See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 2252.0

Tax Info

  • Tax Annual Amount: 2252.0
  • Tax Block: 1
  • Tax Book Number: 176.00
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2023
Closed on
Aug 4, 2023
Sold by
Vecchiotti Family Trust
Bought by
Smp Desert Sage Llc
Seller's Agent
Julie Polito September
Compass
Buyer's Agent
Susan Pellegrini
MCO Realty
List Price
$695,000
Sold Price
$695,000
Views
2
Current Estimated Value
$847,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,866
Avg. Annual Appreciation
9.84%
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
Smp Desert Sage Llc $695,000 Old Republic Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2023 08/04/23 Sold $695,000 0.0% $210 / Sq Ft
07/16/2023 07/16/23 For Sale $695,000 -- $210 / 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 $1,874 $41,578 -- --
2024 $2,301 $39,599 -- --
2023 $2,301 $57,280 $11,450 $45,830
2022 $2,252 $42,310 $8,460 $33,850
2021 $2,448 $38,750 $7,750 $31,000
2020 $2,401 $37,420 $7,480 $29,940
2019 $2,444 $33,670 $6,730 $26,940
2018 $2,146 $33,400 $6,680 $26,720
2017 $2,059 $32,520 $6,500 $26,020
2016 $1,761 $31,760 $6,350 $25,410
2015 $1,904 $29,350 $5,870 $23,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6580507

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-05-277