tomo logo

$369,000

Beds
2
Baths
3.0
sq ft
1,150

16545 East Gunsight Drive Unit 212, Fountain Hills, AZ 85268

16545 East Gunsight Drive Unit 212

Fountain Hills, AZ 85268

  • 3 days on market
Welcome to Casa Bella, nestled in the heart of picturesque Fountain Hills offering unparalleled mountain views and privacy. This top floor condo offers the best views possible in the complex with both pool & mountain views. Ideal for both personal retreat and lucrative investment, this fully furnished 2 bedroom, 3 bathroom unit presents an unparalleled opportunity to rent out two separate, fully independent units under one roof. This property is not only a stunning retreat but also a savvy investment opportunity. The HOA permits both units to be rented separately, with a 30 day minimum rental requirement. Whether you choose to rent out both units for maximum income potential or keep one for personal use while generating passive income from the other the options are endless. Hurry!

Details

Property type

Condominium

Est. home value

$333,306

Lot size

1,141 sq ft

Price per sq ft

$321

Year built

1998

Annual property taxes

$801

Monthly HOA fee

$250

Price History

07/04/2024
ArizonaRegional

ArizonaRegional #6727309

Listed
$369,000
+123.64%
12/24/2018
ArizonaRegional

ArizonaRegional #5709426

Sold
$165,000

Schools & Community

Elementary school: 

McDowell Mountain Elementary School

Middle school: 

Fountain Hills Middle School

High school: 

Fountain Hills High School

High school district: 

Fountain Hills Unified District

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$227,723
Asking price
$369,000
Closing costs (~8% of asking)
-$29,520
Est. remaining loan balance
-$111,757
Cash to seller
$227,723

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

On Q Financial Inc

Loan start date

November 2018

Original loan amount

$123,750

Est. remaining balance

$111,757

Interest rate

4.71%

Loan type

New Conventional, 30 year

Seller

Mary Vlad

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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10401 North Saguaro Boulevard Unit 119, Fountain Hills, AZ 85268

Status: Active

Tomo last checked: 07/07/2024 at 6:00 AM

Listing updated: 07/04/2024 at 11:13 AM

Listed by: Christopher Vlad, HomeSmart Phone #: (602) 230-7600

MLS: ArizonaRegional #6727309

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