$849,900
Fountain Hills, AZ 85268
MLS# 6806121
1 / 25
Property Description
Welcome to the Villas on The Avenue, the first residential offering for purchase in the heart of Fountain Hills. This 4 unit enclave features completely new units within walking distance to the shopping, restaurants, the world famous Fountain, farmers markets, and all of the events and fairs that Fountain Hills is known for. Upon arrival, pass through the tranquil courtyard that provides additional natural lighting to all units. Once inside, instantly notice a well thought out open concept floor-plan with modern designer finishes & appliances. The kitchen is a true delight with plenty of brand new cabinetry, stainless steel appliances, and waterfall granite island with breakfast bar. Both bedrooms and bathrooms provide ample space, trendy ceiling fans, glass showers, & chic fixtures
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $849,900
List Price: $849,900
Status: Active
List Date: 2025-01-15
Location, Tax & Legal
Assessor's Map #: 6
Legal Description (Abbrev): FOUNTAIN HILLS ARIZ FINAL PLAT NO 208 BLK 6 LOT 1 1 TOG W 1-39 INT IN PARCEL G & TOG W 1-141 INT IN
Assessor's Parcel #: 75
Add'l Parcels: Yes
Tax Municipality: Fountain Hills
Census Tract: 216818
Taxes: 1417
Legal: FOUNTAIN HILLS ARIZ FINAL PLAT NO 208 BLK 6 LOT 1 1 TOG W 1-39 INT IN PARCEL G & TOG W 1-141 INT IN
Marketing Name: Villas on the Avenue
House Number: 16844
Compass: E
Street Name: AVENUE OF THE FOUNTAINS
St Suffix: --
City/Town Code: Fountain Hills
State/Province: AZ
Zip Code: 85268
County Code: Maricopa
Subdivision: FOUNTAIN HILLS ARIZONA NO. 208 BLOCK 1-4
Assessor Number: 176-06-075
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 8
Lot Size Dimensions: 50x50
Total # of Units: 2
Elementary School District: Fountain Hills Unified District
High School District: Fountain Hills Unified District
Elementary School: Fountain Hills Virtual Academy
Jr. High School: Fountain Hills Middle School
High School: Fountain Hills High School
Year Built: 1986
Zoning: c-c
Legal Info
Range: 6E
Section: 14
Township: 3N
Lot Number: 11
Project Type
Duplex: 1
Construction
Adobe: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Foam: 1
Floors
Vinyl: 1
Sale Includes
Building(s) Only: 1
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 10800
Operating Exp: 12217
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 102600
Pmt & Rate Info
Cap Rate: 12.07
Equity: 849900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Tenant Pays
None: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Concrete: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
None: 1
New Financing
Cash: 1
Conventional: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 2250
Avg SqFt: 1100
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Avenue of Fountains and Saguaro
Directions: West on Avenue of the Fountains. Park near first cross walk. Unit behind Sofritas Restaurant.
Geo Lat: 33.604147
Geo Lon: -111.716634
Income Expenses
Gross Annual Sch Inc: 108000
Net Operating Income: 102600
Property Features
Project Type: Duplex
Construction: Adobe
Const - Finish: Painted; Stucco
Roofing: Foam
Floors: Vinyl
Sale Includes: Building(s) Only
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Electric; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Free
Road Surface Type: Asphalt; Concrete
Owner Pays: None
Tenant Pays: None
Source of Fincl Data: Owner
Lockbox Type: Supra
New Financing: Cash; Conventional
Environmental: None
Listing Office: MCO Realty
Last Updated: December - 31 - 2025
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.