Tenants in place = instant cash flow! Each side offers a spacious 3 bed/3 full bath layout (2 bedrooms upstairs, 1 bedroom + den downstairs), 2-car garage with extra storage, private deck, patio, and fully fenced yard. Perfectly located—walking distance to Fountain Park, Local Restaurants, and the vibrant Town Center. Huge upside: potential to subdivide into two separate homes for increased value, separate sales, or enhanced rentals. Desirable Fountain Hills market with strong demand and limited multi-family inventory. This turnkey property delivers stability now + serious appreciation potential later.
Sold for $720,000
$720,000
12262 N CHAMA Drive, Fountain Hills, AZ 85268
6beds
3,710sqft
Townhouse
Built in 1985
0.25 Acres Lot
$764,300 Zestimate®
$194/sqft
$5,623 Estimated rent
Home value
$764,300
$726,000 - $803,000
$5,623/mo
Zestimate® history
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$3,290/mo
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$3,290/mo
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Fully fenced yardPrivate deck
Zillow last checked:
Listing updated:
Listed by:
John D Weil 480-387-2097,
RE/MAX Sun Properties,
Dawn Woods 480-703-1005,
RE/MAX Sun Properties
Bought with:
John D Weil, SA660113000
RE/MAX Sun Properties
Dawn Woods, SA585697000
RE/MAX Sun Properties
Source: ARMLS,MLS#: 6969073
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Washer, Refrigerator, Dishwasher, Electric Range, Built-In Electric Oven
Features
- Granite Counters, Full Bth Master Bdrm, Laminate Counters
- Flooring: Carpet, Tile
- Windows: Screens
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Living Room
Interior area
- Total structure area: 3,710
- Total interior livable area: 3,710 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage Door Opener
- Garage spaces: 4
- Uncovered spaces: 4
Features
- Stories: 2
- Spa features: None
- Fencing: Back Yard,Block
- Has view: Yes
- View description: City, Desert
Lot
- Size: 0.25 Acres
- Features: Gravel/Stone Front
Details
- Parcel number: 17605317
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Stucco, Wood Frame
- Roof: Tile
Condition
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Pvt Water Company
Community & HOA
Community
- Subdivision: FOUNTAIN HILLS ARIZONA FINAL PLAT NO 206
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Fountain Hills
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $571,200
- Annual tax amount: $1,701
- Date on market: 2/9/2026
- Cumulative days on market: 36 days
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Sold | $720,000-9.7%$194/sqft |
Source:  ARMLS #6969073 Report a problem | ||
| 2/20/2026 | Pending sale | $797,000$215/sqft |
Source: ARMLS #6969073 Report a problem | ||
| 2/10/2026 | Price change | $797,000-4.8%$215/sqft |
Source: ARMLS #6969073 Report a problem | ||
| 1/15/2026 | Listed for sale | $837,000+215.8%$226/sqft |
Source: ARMLS #6969073 Report a problem | ||
| 10/12/2001 | Sold | $265,000-5.4%$71/sqft |
Source: ARMLS #1627304 Report a problem | ||
| 9/27/2000 | Sold | $280,000+69.7%$75/sqft |
Source: Public Record Report a problem | ||
| 3/30/1994 | Sold | $165,000$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,317 -5.2% | $57,120 -13.9% |
| 2024 | $1,390 +15.3% | $66,370 +148% |
| 2023 | $1,205 -18.8% | $26,761 -44.1% |
| 2022 | $1,484 -7.2% | $47,910 +6.8% |
| 2021 | $1,599 -2% | $44,870 +19.9% |
| 2020 | $1,632 +0.4% | $37,410 +19.8% |
| 2019 | $1,625 | $31,230 +6% |
| 2018 | $1,625 +4% | $29,450 +8.8% |
| 2017 | $1,562 +8.7% | $27,080 +6.9% |
| 2016 | $1,437 -3% | $25,330 -20.2% |
| 2015 | $1,481 | $31,730 +27.5% |
| 2014 | -- | $24,880 +40.7% |
| 2013 | -- | $17,680 +32.2% |
| 2012 | -- | $13,370 -11.6% |
| 2011 | -- | $15,130 -25% |
| 2010 | -- | $20,160 -41% |
| 2009 | -- | $34,180 +2.6% |
| 2008 | -- | $33,330 +6.3% |
| 2007 | -- | $31,350 +72.3% |
| 2006 | -- | $18,200 |
| 2005 | -- | $18,200 +11.3% |
| 2004 | -- | $16,350 |
| 2003 | -- | $16,350 +12.8% |
| 2002 | -- | $14,500 |
Find assessor info on the county website
Neighborhood: 85268
Nearby homes
- $384,9003 bd3 ba1.6k sqft12270 N Chama Dr UNIT 1, Fountain Hills, AZ 85268Off Market
- $398,3003 bd3 ba1.6k sqft12270 N Chama Dr UNIT 2, Fountain Hills, AZ 85268Off Market
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- $488,6003 bd2 ba1.9k sqft12248 N Chama Dr UNIT B, Fountain Hills, AZ 85268Off Market
Nearby schools
GreatSchools rating
- 5/10McDowell Mountain Elementary SchoolGrades: PK-5Distance: 2 mi
- 6/10Fountain Hills Middle SchoolGrades: 4-8Distance: 2 mi
- 5/10Fountain Hills High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: McDowell Mountain Elementary School
- Middle: Fountain Hills Middle School
- High: Fountain Hills High School
- District: Fountain Hills Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$764,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$764,300
- Arizona
- Maricopa County
- Fountain Hills
- 85268
- 12262 N CHAMA Drive
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