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$250,000
Fountain Hills, AZ 85268
MLS# 5448990
Status: Closed
1 / 15
Property Description
A true 'Fixer' with great potential! Flip it or rent it! Each unit has a 1 car garage and covered patio. The A unit is approximately 1250 SF and the B side 1150 SF.
Details
Maps
Contract Info
Current Price: $250,000
Sold Price: $250,000
Status: Closed
List Date: 2016-05-27
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: L41
House Number: 16727
Compass: E
Street Name: BAYFIELD
St Suffix: Drive
City/Town Code: Fountain Hills
State/Province: AZ
Zip Code: 85268
Zip4: 2077
Country: USA
County Code: Maricopa
Legal Description (Abbrev): FOUNTAIN HILLS ARIZONA FINAL PLAT NO 104
Subdivision: FOUNTAIN HILLS AZ FINAL PLAT NO 104
Assessor's Map #: 1
Assessor's Parcel #: 3
Add'l Parcels: No
Assessor Number: 176-01-003
Legal: FOUNTAIN HILLS ARIZONA FINAL PLAT NO 104
Census Tract: 216818
Tax Municipality: Maricopa - COUNTY
Taxes: 1230
Tax Year: 2015
Marketing Name: Investor Opportunity!
General Property Description
Lot Size Dimensions: IRR
Year Built: 1987
Uncvrd Parking Spcs: 4
Total # of Units: 2
# of Buildings: 1
Zoning: R-3
Elementary School: Four Peaks Elementary School - Fountain Hills
Jr. High School: Fountain Hills Middle School
High School: Fountain Hills High School
Elementary School District: Fountain Hills Unified District
High School District: Fountain Hills Unified District
Remarks & Misc
Cross Street: Fountain Hills Blvd and Palisades
Directions: North on Fountain hills Blvd to Ashbrook. Follow all the way around to Bayfield. Turn left - home is on the left.
Geo Lat: 33.613751
Geo Lon: -111.718855
Status Change Info
Status Change Date: 2016-06-16
Off Market Date: 2016-06-16
Under Contract Date: 2016-05-28
Close of Escrow Date: 2016-06-15
Sold Price: $250,000
Legal Info
Township: 3N
Range: 6E
Section: 10
Block: 1
Lot Number: 2
Income & Expenses
Annual Trash Exp: 521
Annual Wtr/Swr Exp: 576
Owner Association: No
Operating Exp: 2327
Net Operating Income: 17020
Pmt & Rate Info
Cap Rate: 6.81
Down Payment %: 25
Equity: 250000
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 780
Avg SqFt: 1200
# Baths: 15
3 Bedrooms Units
# 3 Bedroom Units: 1
# Baths: 2
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Duplex
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Rolled; Other (See Remarks)
Floors: Concrete
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Cable TV Available; Patio/Balcony
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds; Drapes
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Cooling: Electric
Water: Private Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking: Garage; Attached; Auto Door Opener
Roads/Streets: Asphalt
Owner Pays: Trash Collection
Tenant Pays: Water; Electric; Cable TV
Source of Fincl Data: Provided by Owner
Special: Estate Sale
Status Update: Multiple Offers Recd
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Non Assumable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional
Reports/Disclosures: None
Environmental: None
Listing Office: RE/MAX Excalibur
Last Updated: January - 05 - 2024
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