$1,100,000
Fountain Hills, AZ 85268
MLS# 6152876
Status: Closed
1 / 15
Property Description
Fabulous 4 units Turn-Key Investment property! Sold as package deal consisting of units A, B, C, D. These spacious style condos are nestled on a quiet interior street near shopping and dining! All four units have the same floor plan 4 bed, 2 bath 2184 sq ft, Each unit has 1 car garage, large kitchen with stainless Steel appliances, granite counters in kitchen, breakfast bar, dinning/great room, large laundry room with tons of storage, private patio of great room with access from primary suite featuring, bathroom has dual sinks and separate walk-in shower & Jacuzzi tub. Units B,C,D have fireplace & washer/dryer. HOA is not funded or active. No HOA fees. PLEASE DO NOT DISTURB TENANTS! Buyer to verify all facts and figures
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,100,000
Sold Price: $1,100,000
Status: Closed
List Date: 2020-10-28
Location, Tax & Legal
Unit #: A
Building Number: A,B,C,D
Assessor's Map #: 7
Legal Description (Abbrev): LOT A FOUNTAIN HILLS WESTBY CONDOMINIUMS MCR 085606
Assessor's Parcel #: 785
Add'l Parcels: Yes
Tax Municipality: Fountain Hills
Census Tract: 216818
Taxes: 1141
Legal: FOUNTAIN HILLS WESTBY CONDOMINIUMS MCR 085606
Marketing Name: Fourplex
Map Code/Grid: L41
House Number: 16729
Compass: E
Street Name: WESTBY
St Suffix: Drive
City/Town Code: Fountain Hills
State/Province: AZ
Zip Code: 85268
Zip4: 2780
County Code: Maricopa
Subdivision: FOUNTAIN HILLS WESTBY CONDOMINIUMS
Assessor Number: 176-07-785
Tax Year: 2020
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 14018 sq ft
Total # of Units: 4
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: 2007
Zoning: R-3
Legal Info
Range: 6E
Section: 15
Township: 3N
Lot Number: A-D
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Built-Up: 1
Tile: 1
Floors
Wood: 1
Ceramic Tile: 1
Carpet: 1
Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 480
Annual Ins Exp: 2712
Annual Landscape Exp: 3000
Annual Maint Exp: 3000
Annual Wtr/Swr Exp: 1650
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 11983
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 72105
Total Monthly Rental Income: 6425
Pmt & Rate Info
Cap Rate: 5.45
Equity: 1150000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Heat Pump: 1
Electric: 1
Individual: 1
Central: 1
Other: 1
See Remarks: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Individual: 1
Other: 1
See Remarks: 1
Exterior Amenities
Landscape Water System: 1
Desert Landscaping: 1
Partially Fenced: 1
Patio/Balcony: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Fire Sprinklers: 1
Vertical Blinds: 1
Breakfast Bar: 1
Tenant Pays
Water: 1
Electricity: 1
Trash Collection: 1
Other (See Remarks): 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Surface Type
Concrete: 1
Source of Fincl Data
Owner: 1
Water Source
Private: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
On Street: 1
1 Space/Unit: 1
Electric
SRP: 1
Gas
Other (See Remarks): 1
Owner Pays
Sewer: 1
Landscaping: 1
New Financing
Conventional: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
# 4 Bedroom Units: 4
Avg Rent: 1582
Avg SqFt: 2184
# Baths: 2
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: Saguaro & Palisades
Directions: Saguaro & Palisades, NW on Palisades, right on E Westby Dr, 4 plex on Right
Geo Lat: 33.61118
Geo Lon: -111.719112
Status Change Info
Off Market Date: 2020-11-25
Under Contract Date: 2020-10-31
Close of Escrow Date: 2020-12-29
Sold Price: $1,100,000
Income Expenses
Gross Annual Sch Inc: 75900
Net Operating Income: 62639
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Built-Up; Tile
Floors: Wood; Ceramic Tile; Carpet; Other
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Water System; Desert Landscaping; Partially Fenced; Patio/Balcony
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Fire Sprinklers; Vertical Blinds; Breakfast Bar
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Individual; Central; Heat Pump; Other; See Remarks
Cooling: Ceiling Fan(s); Individual; Central Air; Other; See Remarks
Water Source: Private
Sewer: Sewer - Public
Electric: SRP
Gas: Other (See Remarks)
Parking Features: Garage; On Street; 1 Space/Unit
Road Surface Type: Concrete
Owner Pays: Landscaping
Tenant Pays: Water; Electricity; Trash Collection; Other (See Remarks)
Source of Fincl Data: Owner
Lockbox Type: Supra
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional
Environmental: None
Listing Office: HomeSmart
Last Updated: February - 02 - 2026
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