$485,000
SOLD OCT 1, 2021

16844 E Avenue of the Fountains Fountain Hills, AZ 85268

-- Bed
-- Bath
4,800 Sq Ft
1,250 Sq Ft Lot

Recently Sold

$101 Per Sq Ft

12% Below List Price

696 Days on Market

About This Home

As of October 2021

• Fountain Hills Office Building
• $600,000 ($125 PSF) - Includes 1-year rent guarantee
• Four Built-Out Office Suites (1,200 SF ea)
• Seller Carry Opportunity Available
• Pristine Landscaping
• Views of the Fountain
• Ample Parking
• Near Retail and Business Amenities
• Great Downtown Location

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 05/17/2019

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,312

Year Built

  • Built in 1986

Lot Details

  • 1,250 Sq Ft Lot
  • Property is zoned C-2

Home Design

  • 4,800 Sq Ft Home

Parking

  • 100 Open Parking Spaces
  • 100 Parking Spaces
  • Public Parking
  • Paved Parking

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 176-06-075

Community Details

Overview

  • Fountain Hills Az Fp 208 Blk 5 8 Subdivision

Building Details

  • Operating Expense $3,312
  • Net Operating Income $48,000

Property Details

Property Type

Other

Est. Annual Taxes

$3,312

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: N Saguaro Blvd & E Palisades Blvd
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 1986
  • Tax Year: 2018
  • Lot Size Acres: 0.03
  • Subdivision Name: FOUNTAIN HILLS AZ FP 208 BLK 5-8
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 4800.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking
  • Attached Garage: No
  • Open Parking Spaces: 100.0
  • Total Parking Spaces: 100.0
  • General Property Description:Uncvrd Parking Spcs: 100.0
  • General Property Description:Total Parking Spcs: 100.0
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 1250.0
  • Parcel #: 176-06-075
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 48000.0
  • Annual Operating Expense: 3312.0

Tax Info

  • Tax Annual Amount: 3312.0
  • Tax Book Number: 176.00
  • Tax Lot: 11
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Sep 28, 2021
Sold by
Chicagoland Bussiness Systems Inc
Bought by
Hs Holdings Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$550,000
Sold Price
$485,000
Premium/Discount to List
-$65,000
-11.82%

Purchase Details

Closed on
Nov 6, 2003
Sold by
Wilson Management Inc
Bought by
Chicagoland Business Systems Inc

Purchase Details

Closed on
Mar 29, 2000
Sold by
California East Coast Inc
Bought by
Wilson Management Inc

Purchase Details

Closed on
Oct 9, 1998
Sold by
Fountain Oasis Realty Inc
Bought by
California East Coast Inc

Purchase Details

Closed on
Apr 6, 1998
Sold by
Goebel Jeannine A
Bought by
Goebel Jeannine A and The Goebel Trust

Purchase Details

Closed on
Sep 9, 1997
Sold by
Schneider Leroy J and Schneider Kathy A
Bought by
Kern Phyliss L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.49%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $485,000 Chicago Title Agency Inc
Warranty Deed $500,000 Lawyers Title Insurance Corp
Quit Claim Deed $500,000 --
Warranty Deed $500,000 Security Title Agency
Interfamily Deed Transfer -- --
Warranty Deed $325,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 For Sale $1,250,000 +47.1% --
01/15/2025 01/15/25 For Sale $849,900 +75.2% --
10/01/2021 10/01/21 Sold $485,000 -19.2% $101 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
11/19/2019 11/19/19 Price Changed $600,000 +9.1% $125 / Sq Ft
05/17/2019 05/17/19 For Sale $550,000 -- $115 / 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 $2,780 $45,033 -- --
2024 $2,648 $44,229 -- --
2023 $2,648 $47,668 $6,545 $41,123
2022 $2,668 $50,715 $6,335 $44,380
2021 $2,982 $64,836 $6,516 $58,320
2020 $2,926 $54,990 $6,048 $48,942
2019 $2,978 $49,428 $5,202 $44,226
2018 $2,966 $40,176 $6,228 $33,948
2017 $2,855 $34,290 $6,228 $28,062
2016 $3,276 $37,854 $6,228 $31,626
2015 $3,636 $45,621 $3,811 $41,810
Source: Public Records

Agents Affiliated with this Home

  • Antonio Pellegrini

    Seller's Agent in 2025

    Antonio Pellegrini

    MCO Realty

    (480) 600-1057

    27 in this area

    34 Total Sales

    Antonio Pellegrini
    Section Image
  • Susan Pellegrini

    Seller Co-Listing Agent in 2025

    Susan Pellegrini

    MCO Realty

    (480) 315-1555

    112 in this area

    148 Total Sales

    Susan Pellegrini
    Section Image

  • T

    Seller's Agent in 2021

    Tanner Milne

    The Menlo Group Commercial Real Estate

    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5927468

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-06-075

Arizona Maricopa County Fountain Hills 85268

16844 E Avenue of the Fountains, Fountain Hills, AZ

This home is located at 16844 E Avenue of the Fountains, Fountain Hills, AZ 85268 and is currently priced at $485,000, approximately $101 per square foot. This property was built in 1986. 16844 E Avenue of the Fountains 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

Nearby Homes