$500,000
PENDING $25K PRICE DROP

16821 E Ibsen Dr Fountain Hills, AZ 85268

Estimated payment $2,845/month

Total Views 858
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Multiple cooling system units
  • Concrete Flooring
  • Heating Available
  • Fountain Hills Middle School Rated A-

About This Home

Excellent opportunity to own a duplex in Fountain Hills. Rent one and live in the other or Rent 'em both out. Property needs some work but priced for it too. 3 br, 2 bath in one unit. 2 br, 2 bath in the other. New $33,000 roof. Each unit has it's own large storage room and it's own laundry room. The property sits on a large lot, front end loaded with the structure, so back yard is extra large for tenants.

Listing Agent

Matt Borkowski

HomeSmart License #SA649358000 Listed on: 06/22/2025

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1974

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Flooring

  • Carpet
  • Concrete

Parking

  • 4 Parking Spaces
  • Carport
  • Over 1 Space Per Unit

Schools

  • Fountain Hills Middle School
  • Fountain Hills High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating Available
  • Private Water Source

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 176-02-365

Community Details

Overview

  • 2 Units
  • Building Dimensions are 164' x 90'
  • Fountain Hills Arizona Final Plat No 111 Subdivision

Building Details

  • Operating Expense $1,287

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,287

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: Saguaro & Ibsen
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: Duplex
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2024
  • Directions: SW corner
  • Road Surface Type: Asphalt
  • Subdivision Name: FOUNTAIN HILLS ARIZONA FINAL PLAT NO 111
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Water Source Private14: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Concrete
  • Appliances: Refrigerator, Free-Standing Electric Oven
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Foam

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, Carport
  • 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 Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, 2 or More Units
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Drapes2: Yes

Schools

  • Elementary School: Fountain Hills Middle School
  • 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: 164' x 90'
  • Additional Parcels: No
  • Parcel #: 176-02-365

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 2
  • Annual Operating Expense: 1287.0

Tax Info

  • Tax Annual Amount: 1287.0
  • Tax Book Number: 176.00
  • Tax Lot: 16

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,287 $21,503 -- --
2024 $1,107 $20,479 -- --
2023 $1,107 $45,360 $9,070 $36,290
2022 $1,081 $34,100 $6,820 $27,280
2021 $1,187 $33,550 $6,710 $26,840
2020 $1,165 $30,150 $6,030 $24,120
2019 $1,189 $26,170 $5,230 $20,940
2018 $1,184 $23,910 $4,780 $19,130
2017 $1,138 $22,900 $4,580 $18,320
2016 $1,121 $21,870 $4,370 $17,500
2015 $1,047 $21,260 $4,250 $17,010
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Pending -- -- --
07/02/2025 07/02/25 Price Changed $500,000 -4.8% --
06/22/2025 06/22/25 For Sale $525,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $26,000 Credit Line Revolving
Closed $217,000 Unknown
Closed $25,000 Credit Line Revolving
Closed $167,500 Unknown
Closed $25,000 Credit Line Revolving
Closed $133,500 Unknown
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6883802

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-02-365