NOT LISTED FOR SALE

16763 E Ashbrook Dr Unit 1 Fountain Hills, AZ 85268

Estimated Value: $781,232 - $800,000

-- Bed
4 Baths
3,200 Sq Ft
$248/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $539,000 $168 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,288/month

278 Days on Market

Highlights

  • Central Air
  • Fountain Hills Middle School Rated A-
  • Heat Pump System

About This Home

As of November 2019

Great Opportunity!!!! Beautifully maintained Fountain Hills duplex. Great investment or live in one side and let the other pay for it. Units A & B both have all tile floors, fireplaces, 2 bedroom, 2 baths , all appliances, including washer and dryer. Built-in bar in kitchens. Paver/brick patios front and back. Walled back yards. 2 car garage each side. Unit #1 has water filter. AC's on both sides 5 years old. Lots of storage inside and garage. 1600 sq. ft. each side. Well maintained and currently leased.

Last Agent to Sell the Property

Peggy Rae

RE/MAX Sun Properties License #BR508202000 Listed on: 01/15/2019

RE/MAX Sun Properties

Last Buyer's Agent

Sherman Weekes

Crest Premier Properties License #SA550792000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,622

Year Built

  • Built in 1986

Lot Details

  • 0.29

Home Design

  • Wood Frame Construction
  • Stucco

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for water, cable TV
  • The owner pays for sewer, landscaping
  • Legal Lot and Block 19 / 5
  • Assessor Parcel Number 176-02-368

Community Details

Overview

  • 2 Units
  • Building Dimensions are irr
  • Fountain Hills Az Fp 111 Subdivision

Building Details

  • Operating Expense $2,814
  • Gross Income $33,858
  • Net Operating Income $29,962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,622

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Ashbrook/Bayfield
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Year Built: 1986
  • Tax Year: 2019
  • Directions: Fountain Hills Blvd to Ashbrook to 16763. Corner of Ashbrook & Bayfield.
  • Road Surface Type: Asphalt
  • Subdivision Name: FOUNTAIN HILLS AZ FP 111
  • Garage Yn: 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: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • 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
  • Garage Details: Yes
  • Parking:Attached: Yes
  • Parking:Auto Door Opener: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 648.0

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: irr
  • Additional Parcels: No
  • Parcel #: 176-02-368

Multi Family

  • Owner Pays: Sewer, Landscaping
  • Tenant Pays: Water, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 33858.0
  • Property Net Operating Income: 29962.0
  • Annual Operating Expense: 2814.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 1622.0
  • Tax Block: 5
  • Tax Book Number: 176.00
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
Nov 11, 2019
Sold by
Wanger Robert E and Wanger Geraldine
Bought by
Bookout William E and Bookout Mary M
Seller's Agent
Peggy Rae
RE/MAX Sun Properties
Buyer's Agent
Sherman Weekes
Crest Premier Properties
List Price
$539,900
Sold Price
$539,000
Premium/Discount to List
-$900
-0.17%
Current Estimated Value
$790,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,648
Avg. Annual Appreciation
6.69%
Original Mortgage
$150,000
Outstanding Balance
$133,118
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$659,190

Purchase Details

Closed on
Oct 23, 2017
Sold by
Wagner Robert and Wagner Geraldine
Bought by
Wagner Robert and Wagner Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2017
Sold by
Wagner Robert E and Wagner Geraldine
Bought by
Wagner Robert E and Wagner Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2015
Sold by
Wagner Robert and Wagner Geraldine
Bought by
The R & G Wagner Family Trust and Wagner Geraldine

Purchase Details

Closed on
Feb 25, 2004
Sold by
Clark Clinton W and Clark Michele Leah
Bought by
Wagner Robert E and Wagner Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Clark Clinton W and Clark Michele Leah
Bought by
Clark Clinton W and Clark Michele Leah

Purchase Details

Closed on
Dec 18, 2002
Sold by
Clark Michelle L
Bought by
Clark Clinton W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.03%

Purchase Details

Closed on
Dec 13, 2000
Sold by
Burian Arlen V and Burian Frances E
Bought by
Clark Clinton W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
8.5%
Mortgage Type
New Conventional
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
Bookout William E $539,900 Empire West Title Agency Llc
Wagner Robert -- None Available
Wagner Robert E -- Pioneer Title Agency Inc
Wagner Robert E -- Pioneer Title Agency Inc
The R & G Wagner Family Trust -- None Available
Wagner Robert E $325,000 First American Title Ins Co
Clark Clinton W -- --
Clark Clinton W -- Old Republic Title Agency
Clark Clinton W $265,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bookout William E $150,000
Previous Owner Wagner Robert E $250,000
Previous Owner Wagner Robert E $200,000
Previous Owner Clark Clinton W $234,000
Previous Owner Clark Clinton W $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2019 11/19/19 Sold $539,000 -0.2% $168 / Sq Ft
10/13/2019 10/13/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $539,900 0.0% $169 / Sq Ft
10/11/2019 10/11/19 Price Changed $539,900 +0.2% $169 / Sq Ft
05/28/2019 05/28/19 Off Market $539,000 -- --
01/08/2019 01/08/19 For Sale $549,900 -- $172 / 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 $1,692 $29,332 -- --
2024 $1,510 $27,936 -- --
2023 $1,510 $64,000 $12,800 $51,200
2022 $1,475 $46,170 $9,230 $36,940
2021 $1,619 $45,410 $9,080 $36,330
2020 $1,589 $42,120 $8,420 $33,700
2019 $1,622 $37,180 $7,430 $29,750
2018 $1,615 $34,720 $6,940 $27,780
2017 $1,553 $32,320 $6,460 $25,860
2016 $1,529 $31,210 $6,240 $24,970
2015 $1,429 $29,280 $5,850 $23,430
Source: Public Records

Agents Affiliated with this Home

  • Peggy Rae

    Seller's Agent in 2019

    Peggy Rae

    RE/MAX

    (480) 837-9801

    11 in this area

    13 Total Sales

    Peggy Rae
    Section Image

  • S

    Buyer's Agent in 2019

    Sherman Weekes

    Crest Premier Properties

    (480) 706-0160

    13 Total Sales

    Sherman Weekes
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5867837

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-02-368

Arizona Maricopa County Fountain Hills 85268

16763 E Ashbrook Dr Unit 1, Fountain Hills, AZ

This home is located at 16763 E Ashbrook Dr Unit 1, Fountain Hills, AZ 85268 since 15 January 2019 and is currently estimated at $792,308, approximately $247 per square foot. This property was built in 1986. 16763 E Ashbrook Dr Unit 1 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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