$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
Ownership: Fee Simple
Current Price: $250,000
Sold Price: $250,000
Status: Closed
List Date: 2016-05-27
Location, Tax & Legal
Assessor's Map #: 1
Legal Description (Abbrev): FOUNTAIN HILLS ARIZONA FINAL PLAT NO 104
Assessor's Parcel #: 3
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 216818
Taxes: 1230
Legal: FOUNTAIN HILLS ARIZONA FINAL PLAT NO 104
Marketing Name: Investor Opportunity!
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
County Code: Maricopa
Subdivision: FOUNTAIN HILLS AZ FINAL PLAT NO 104
Assessor Number: 176-01-003
Tax Year: 2015
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: IRR
Total # of Units: 2
Elementary School District: Fountain Hills Unified District
High School District: Fountain Hills Unified District
Elementary School: Four Peaks Elementary School - Fountain Hills
Jr. High School: Fountain Hills Middle School
High School: Fountain Hills High School
Year Built: 1987
Zoning: R-3
Legal Info
Range: 6E
Section: 10
Township: 3N
Block: 1
Lot Number: 2
Project Type
Duplex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Rolled: 1
Other: 1
Floors
Concrete: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 521
Annual Wtr/Swr Exp: 576
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 2327
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Status Update
Multiple Offers Recd: 1
Pmt & Rate Info
Cap Rate: 6.81
Down Payment: 0
Equity: 250000
Down Payment %: 25
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Electric: 1
Exterior Amenities
Cable TV Available: 1
Patio/Balcony: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Drapes: 1
Tenant Pays
Water: 1
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
Private: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
Attached: 1
Garage Door Opener: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
Sewer: 1
Trash Collection: 1
New Financing
Conventional: 1
Special
Estate Sale: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 780
Avg SqFt: 1200
# Baths: 15
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 0
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
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
Off Market Date: 2016-06-16
Under Contract Date: 2016-05-28
Close of Escrow Date: 2016-06-15
Sold Price: $250,000
Income Expenses
Net Operating Income: 17020
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Rolled; Other
Floors: Concrete
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Cable TV Available; Patio/Balcony
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds; Drapes
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Cooling: Electric
Water Source: Private
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Garage; Attached; Garage Door Opener
Road Surface Type: Asphalt
Owner Pays: Trash Collection
Tenant Pays: Water; Electricity; Cable TV
Source of Fincl Data: Owner
Special: Estate Sale
Status Update: Multiple Offers Recd
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional
Environmental: None
Listing Office: RE/MAX Excalibur
Last Updated: January - 05 - 2024
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