$1,550,000
16810 E Avenue of the fountains Avenue
Fountain Hills, AZ 85268
MLS# 5850775
Status: Closed



16810 E Avenue of the fountains Avenue, Fountain Hills, AZ 85268
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16810 E Avenue of the fountains Avenue, Fountain Hills, AZ 85268 16810 E Avenue of the fountains Avenue, Fountain Hills, AZ 85268 16810 E Avenue of the fountains Avenue, Fountain Hills, AZ 85268 16810 E Avenue of the fountains Avenue, Fountain Hills, AZ 85268 16810 E Avenue of the fountains Avenue, Fountain Hills, AZ 85268 16810 E Avenue of the fountains Avenue, Fountain Hills, AZ 85268 16810 E Avenue of the fountains Avenue, Fountain Hills, AZ 85268
Details
Maps
Contract Info
Current Price: $1,550,000
Sold Price: $1,550,000
Status: Closed
List Date: 2018-11-19
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: L41
House Number: 16810
Compass: E
Street Name: Avenue of the fountains
St Suffix: Avenue
City/Town Code: Fountain Hills
State/Province: AZ
Zip Code: 85268
Country: USA
County Code: Maricopa
Subdivision: Fountain Hills AZ FP 208 BLK 5-8
Assessor's Map #: 6
Assessor's Parcel #: 85
Add'l Parcels: No
Assessor Number: 176-06-085
Legal: Lot 21 Block 5 Fountain Hills AZ FP Blk 208 Blk 5-8 MCR 014404
Tax Municipality: Fountain Hills
Taxes: 19672
Tax Year: 2018
General Property Description
Type of Property: Commercial Office/Retail
Ttl Apx SqFt Bldg: 17517
Ttl Apx Net Rnt Spc: 17517
# of Buildings: 1
Lot Size Dimensions: IRR
Year Built: 1987
Uncvrd Parking Spcs: 57
Zoning: C-2
Remarks & Misc
Cross Street: Avenue of the Fountains and Verde River Dr
Directions: Shea Blvd to Saguaro Blvd north on Saguaro Blvd to Avenue of the Fountains to building. Building located on the NE corner of Avenue of the Fountains and Verde River Dr.
Geo Lat: 33.604676
Geo Lon: -111.71783
Status Change Info
Status Change Date: 2021-07-16
Off Market Date: 2021-05-21
Under Contract Date: 2021-05-13
Close of Escrow Date: 2021-07-12
Sold Price: $1,550,000
Legal Info
Township: 3N
Range: 6E
Section: 15
Lot Number: 21
Income & Expenses
Owner Association: Yes
Gross Annual Sch Inc: 211476.73
Adjusted Gross Inc: 211476.73
Net Operating Income: 100000
Pmt & Rate Info
Cap Rate: 4.76
Equity: 2100000
Contact Info
List Agent Home Phn: 480-837-3605
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial; Office
Current Use: Mixed Use; Service Business; Office; Retail
Stories: 2 Stories
Construction: Block; Tilt-Up; Stucco
Roofing: Built-Up; Tile
Floors: Concrete; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central A/C
Loading Facilities: None
Interior: Finished; Smoke Detector(s); Private Restrooms
Exterior: Corner Lot; Landscaping; Building Sign
Fencing: None
Amenities: Conference Room; Reception Room; Kitchen
Parking: Free; Private Parking; Paved Parking
Electric: SRP
Gas: None
Water: Private Franchise
Sewer: Sewer - Public
Freeway/Highway: 2.1 - 5 Miles
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
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
Roads/Streets: Asphalt
Reports/Disclosures: None
Use Restrictions: CC&R's
Environmental: None

Listing Office: MCO Realty

Last Updated: December - 04 - 2023

16810 E Avenue of the fountains Avenue, Fountain Hills, AZ 85268 - MLS# 5850775
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