NOT LISTED FOR SALE

16721 E Westby Dr Fountain Hills, AZ 85268

Estimated Value: $1,307,000 - $1,712,000

-- Bed
-- Bath
5,840 Sq Ft
$255/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $929,000 $159 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $8,379/month

2 Days on Market

Highlights

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

About This Home

As of December 2019

PLEASE do NOT disturb Tenants Each unit occupied with leases through mid 2020. Four-Plex built in 2000 with separate utilities. At approx 1500 square feet-each two bedroom/two bath unit includes attached one car garage and one assigned off street parking space. Two first floor units and two second floor units with similar floor plans-no interior steps. Features include foyer, bright eat in kitchen with many cabinets, great room with fireplace lighted shelves and access to private patio/balcony. Master Suite with full bath, walk in closet and patio/balcony access plus second bedroom, full bath and laundry area. All appliances included. Tenants pay electric, water, phone/cable and trash removal. Owner pays sanitary sewer, exterior lighting, water for irrigation and landscaping NO HOA

Last Agent to Sell the Property

Jay Schlum

RE/MAX Fine Properties License #SA117644000 Listed on: 11/25/2019

RE/MAX Fine Properties

Co-Listed By

Jacquelyn Underwood

Russ Lyon Sotheby's International Realty License #SA653361000

Last Buyer's Agent

Joshua Willets

Grace CRE License #BR675965000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,044

Year Built

  • Built in 2000

Lot Details

  • 0.31

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 4 Open Parking Spaces
  • 12 Parking Spaces
  • 8 Covered Spaces

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for water
  • The owner pays for sewer, landscaping
  • Tax Lot 12
  • Assessor Parcel Number 176-05-020

Community Details

Overview

  • 4 Units
  • Building Dimensions are 13460
  • Westby Villas Subdivision

Building Details

  • Operating Expense $9,864
  • Gross Income $60,600
  • Net Operating Income $53,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,044

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Cross Street: Cambria and Westby
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Year Built: 2000
  • Tax Year: 2019
  • Directions: Saguaro to Hamilton, right on Cambria, and a right on Westby. Complex will be on your left.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: rsun01
  • Co List Office Phone: 480-837-9801
  • Subdivision Name: Westby Villas
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 8.0
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 12.0
  • Garage Details: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: 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:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Pet Restrictions: Yes

Fee Information

  • Annual Water Sewer Expense: 1344.0

Schools

  • Elementary School: Four Peaks Elementary School - Fountain Hills
  • High School: Fountain Hills High School
  • Middle Or Junior School: Fountain Hills Middle School

Lot Info

  • Lot Size: 13460
  • Additional Parcels: No
  • Parcel #: 176-05-020

Multi Family

  • Owner Pays: Sewer, Landscaping
  • Tenant Pays: Water
  • Number Of Units Total: 4
  • Electric Expense: 360.0
  • Annual Gross Income: 60600.0
  • Insurance Expense: 2072.0
  • Property Net Operating Income: 53420.0
  • Annual Operating Expense: 9864.0

Tax Info

  • Tax Annual Amount: 3044.0
  • Tax Book Number: 176.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Dec 18, 2019
Sold by
Merica Rentals Llc
Bought by
Fields Marsha J and Mjf Family Trust
Seller's Agent
Jay Schlum
RE/MAX Fine Properties
Buyer's Agent
Joshua Willets
Grace CRE
List Price
$929,000
Sold Price
$929,000
Current Estimated Value
$1,490,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,365
Avg. Annual Appreciation
9.12%

Purchase Details

Closed on
May 17, 2019
Sold by
Merica Gregory K and Merica Chandra L
Bought by
Merica Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2019
Sold by
Merica Rentals Llc
Bought by
Merica Gregory K and Merica Chandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2018
Sold by
Merica Gregory K and Merica Chandra L
Bought by
Merica Rentals Llc

Purchase Details

Listed on
Aug 28, 2018
Closed on
Oct 8, 2018
Sold by
Westby Villas Llc
Bought by
Merica Gregory K and Merica Chandra L
Seller's Agent
Suzanne Nann
RE/MAX Sun Properties
Buyer's Agent
Jay Schlum
RE/MAX Fine Properties
List Price
$725,000
Sold Price
$732,000
Premium/Discount to List
$7,000
0.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%
Original Mortgage
$500,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2012
Sold by
Nann Robert A and Nann Suzanne O
Bought by
Westby Villas Llc

Purchase Details

Closed on
Aug 20, 2012
Sold by
Nann Robert and Nann Suzanne
Bought by
Nann Robert A and Nann Suzanne O

Purchase Details

Closed on
Jun 20, 2002
Sold by
Trikovic Zivorad and Trickovic Antonia
Bought by
Nann Robert A and Nann Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
3.35%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 12, 1996
Sold by
Klotz Carroll J and Schmitz Robert O
Bought by
Trickovic Zivorad and Trickovic Antonia

Purchase Details

Closed on
Dec 30, 1977
Sold by
Scully Veronica M and Schmitz Veronica M
Bought by
Schmitz Robert O
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fields Marsha J $929,000 Chicago Title Agency
Merica Rentals Llc -- First Arizona Title Agency
Merica Gregory K -- First Arizona Title Agency
Merica Rentals Llc -- None Available
Merica Gregory K $732,000 First American Title Insuran
Westby Villas Llc -- None Available
Nann Robert A -- None Available
Nann Robert A $575,000 North American Title Co
Trickovic Zivorad $46,800 North American Title Agency
Schmitz Robert O -- North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merica Rentals Llc $445,500
Previous Owner Merica Gregory K $500,000
Previous Owner Nann Robert A $452,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $929,000 0.0% $159 / Sq Ft
11/25/2019 11/25/19 For Sale $929,000 +26.9% $159 / Sq Ft
10/25/2018 10/25/18 Sold $732,000 -1.1% $125 / Sq Ft
09/28/2018 09/28/18 Price Changed $740,000 +2.1% $127 / Sq Ft
09/28/2018 09/28/18 For Sale $725,000 0.0% $124 / Sq Ft
09/28/2018 09/28/18 Price Changed $725,000 0.0% $124 / Sq Ft
08/28/2018 08/28/18 For Sale $725,000 -- $124 / 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 $3,101 $51,793 -- --
2024 $2,866 $49,327 -- --
2023 $2,866 $108,070 $21,610 $86,460
2022 $2,805 $77,600 $15,520 $62,080
2021 $3,049 $72,550 $14,510 $58,040
2020 $2,991 $67,010 $13,400 $53,610
2019 $3,044 $60,110 $12,020 $48,090
2018 $3,032 $55,510 $11,100 $44,410
2017 $2,918 $54,060 $10,810 $43,250
2016 $2,571 $53,720 $10,740 $42,980
2015 $2,673 $52,280 $10,450 $41,830
Source: Public Records

Agents Affiliated with this Home

  • Jay Schlum

    Seller's Agent in 2019

    Jay Schlum

    RE/MAX

    (602) 301-7855

    98 in this area

    136 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jacquelyn Underwood

    Russ Lyon Sotheby's International Realty

    59 in this area

    91 Total Sales

    Section Image
  • Joshua Willets

    Buyer's Agent in 2019

    Joshua Willets

    Grace CRE

    (561) 473-4477

    34 Total Sales

    Section Image

  • S

    Seller's Agent in 2018

    Suzanne Nann

    RE/MAX

    Section Image
  • Dan Wood

    Seller Co-Listing Agent in 2018

    Dan Wood

    RE/MAX

    (905) 454-5200

    3 in this area

    4 Total Sales

    Section Image

  • J

    Buyer Co-Listing Agent in 2018

    Jaki Underwood

    RE/MAX

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6008606

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-05-020

Arizona Maricopa County Fountain Hills 85268

16721 E Westby Dr, Fountain Hills, AZ

This home is located at 16721 E Westby Dr, Fountain Hills, AZ 85268 since 25 November 2019 and is currently estimated at $1,490,365, approximately $255 per square foot. This property was built in 2000. 16721 E Westby Dr 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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