NOT LISTED FOR SALE

16453 E Segundo Dr Fountain Hills, AZ 85268

Estimated Value: $629,000 - $780,000

5 Beds
3 Baths
3,700 Sq Ft
$188/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $582,000 $157 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,839/month

11 Days on Market

Highlights

  • Wood Flooring
  • 6 Car Attached Garage
  • Ceiling Fan
  • Fountain Hills Middle School Rated A-
  • Multiple cooling system units
  • Multiple Heating Units

About This Home

As of September 2021

Amazing corner lot Duplex offers multiple opportunities. Purchase as investment property & rent out both units. Live in one unit & rent out the other or perfect for multi-generational living. Primary unit boasts 3 bedroom, 2 bathrooms. Living room wows w/mountain views & a cozy fireplace. Master bedroom w/walk-in closet. Kitchen has ample cabinet space w/granite counter tops. Second unit has 2 bedrooms & 1 full bathroom. Access your backyard oasis through your kitchen or Master bedroom french doors. Both bedrooms offer walk in closets great for added storage. Enjoy mountain views from your living room. Kitchen w/granite countertops & all black appliances. Rents have ranged from $1400 to $1800. Minutes from museum, shopping, restaurants & more! This is a fantastic opportunity!

Last Agent to Sell the Property

Andrea Garcia

Keller Williams Realty Sonoran Living License #SA672378000 Listed on: 08/04/2021

Keller Williams Realty Sonoran Living

Last Buyer's Agent

Kerry OConnor

DeLex Realty License #BR027287000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,344

Year Built

  • Built in 1980

Lot Details

  • 0.31

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 6 Car Attached Garage
  • 4 Open Parking Spaces
  • Over 1 Space Per Unit
  • Automatic Garage Door Opener

Schools

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

Utilities

  • Multiple cooling system units
  • Multiple Heating Units

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 176-05-245

Community Details

Overview

  • 2 Units
  • Building Dimensions are 13687

Building Details

  • Operating Expense $1,344

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,344

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Fountain Hills & Shea Blvds
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2020
  • Directions: From Shea: North on Fountain Hills Blvd, East (right) on Segundo Drive. Home is at the end on the right. Welcome Home!!
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Garage Door Opener, Attached, >1 Space Per Unit
  • Attached Garage: Yes
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Garage: Yes
  • Parking Features Auto Door Opener: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric, 2 or More Units
  • Heating: 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes
  • Interior Amenities:Water Softener(s): 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: 13687
  • Additional Parcels: No
  • Parcel #: 176-05-245

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Operating Expense: 1343.94

Tax Info

  • Tax Annual Amount: 1343.94
  • Tax Book Number: 176.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Aug 28, 2021
Sold by
Simon Libby Mae and Olsen Shelly Maya
Bought by
Mandly David and Mandly Kristin
Seller's Agent
Andrea Garcia
Keller Williams Realty Sonoran Living
Buyer's Agent
Kerry OConnor
DeLex Realty
List Price
$560,000
Sold Price
$582,000
Premium/Discount to List
$22,000
3.93%
Current Estimated Value
$709,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,424
Avg. Annual Appreciation
4.49%
Original Mortgage
$436,500
Outstanding Balance
$396,316
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$301,083

Purchase Details

Closed on
Jul 24, 2007
Sold by
Simon Clifford
Bought by
Simon Clifford and Clifford Simon Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
8.87%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 28, 2007
Sold by
Bangtson Lavaughn and Linn Valeria A
Bought by
Simon Clifford
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
Mandly David $582,000 Stewart Ttl & Tr Of Phoenix
Simon Clifford -- First American Title Ins Co
Simon Clifford $430,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandly David $436,500
Previous Owner Simon Clifford $504,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $582,000 +3.9% $157 / Sq Ft
09/08/2021 09/08/21 For Sale $560,000 0.0% $151 / Sq Ft
09/08/2021 09/08/21 Price Changed $560,000 0.0% $151 / Sq Ft
07/27/2021 07/27/21 For Sale $560,000 -- $151 / 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 $1,430 $24,804 -- --
2024 $1,373 $23,623 -- --
2023 $1,373 $52,330 $10,460 $41,870
2022 $1,248 $46,600 $9,320 $37,280
2021 $1,369 $44,010 $8,800 $35,210
2020 $1,344 $36,480 $7,290 $29,190
2019 $1,372 $30,220 $6,040 $24,180
2018 $1,366 $27,920 $5,580 $22,340
2017 $1,313 $26,060 $5,210 $20,850
2016 $1,293 $24,310 $4,860 $19,450
2015 $1,208 $19,360 $3,870 $15,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6270488

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-05-245