tomo logo

$380,000

Beds
2
Baths
3.0
sq ft
1,150

16545 East Gunsight Drive Unit 219, Fountain Hills, AZ 85268

16545 East Gunsight Drive Unit 219

Fountain Hills, AZ 85268

  • 42 days on market
    • Price drop $15,000↓
Amazing investment opportunity or perfect home for flexible living! This remodeled 2-unit condo offers endless possibilities. The main unit features a fully remodeled stylish 1-bedroom, 2-bath layout with a spacious open floor plan and modern finishes. Enjoy breathtaking mountain views from the large private patio. The second unit is a lock-off studio with a full bath and its own separate entrance—currently rented for immediate income. Whether you're looking for a 2-bed, 3-bath home or a smart investment, this property offers versatility and potential in one of the most desirable locations. Don't miss out! Unit B has a lease in place until 5/1/25.

Details

Property type

Condominium

Est. home value

$335,219

Lot size

114 sq ft

Price per sq ft

$331

Year built

1999

Annual property taxes

$781

Monthly HOA fee

$250

Price History

11/15/2024
ArizonaRegional

ArizonaRegional #6769200

Price change
$380,000
-3.8%
10/10/2024
ArizonaRegional

ArizonaRegional #6769200

Listed
$395,000
+93.63%
05/15/2020
ArizonaRegional

ArizonaRegional #6063339

Sold
$204,000

Schools & Community

Elementary school: 

Four Peaks Elementary School - Fountain Hills

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

$153,486
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$196,114
Cash to seller
$153,486

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

Seller’s Loan History

Lender

Amerifirst Financial Inc

Loan start date

October 2021

Original loan amount

$210,400

Est. remaining balance

$196,114

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Conrad Tracy

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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16019 East Sunflower Drive Unit 4, Fountain Hills, AZ 85268

Status: Active

Tomo last checked: 11/22/2024 at 12:35 PM

Listing updated: 11/15/2024 at 1:50 PM

Listed by: Michelle Miller, Berkshire Hathaway HomeServices Arizona Properties Phone #: (480) 473-4900

MLS: ArizonaRegional #6769200

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