Sold for $775,000

$775,000

14422 N SHERWOOD Drive, Fountain Hills, AZ 85268

6beds

4baths

2,600sqft

Multi Family

Built in 2002

-- sqft lot

$-- Zestimate^®

$298/sqft

$1,830 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,830/mo

Zestimate^® history

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What's special

Two car garagesMatured landscapingFresh paintNew flooringSeparate drivewayNew roof

Investors special! A 6.34% cap rate can be yours! Do not miss this updated duplex in Fountain Hills! Enjoy two units with new roof, fresh paint, new flooring, and matured landscaping. These units live like single family homes. Each has a separate driveway, 3 bedrooms, 2 bathrooms, and two car garages! Built in 2002, this property is available to the public for the first time. Each unit is ground level and has NO STEPS, direct garage access, and 12''+ ceilings. Located in the heart of Fountain Hills within walking distance to the world famous fountain, park, Avenue, shopping and more!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Heat Pump, Electric

Cooling

Central Air, Electric

Appliances

Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator
Laundry: W/D Hookup

Features

Flooring: Ceramic Tile

Interior area

Total structure area: 2,600
Total interior livable area: 2,600 sqft

Property

Parking

Total spaces: 6
Parking features: Other, Attached, >1 Space Per Unit
Has attached garage: Yes
Covered spaces: 4
Uncovered spaces: 2

Details

Parcel number: 17602084
Zoning: R2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Painted, Stucco
Roof: Foam

Condition

Year built: 2002

Utilities & green energy

Electric: SRP, Individual Meter
Sewer: Public Sewer
Water: Individual Meter, City Franchise

Community & HOA

Community

Features: No Pool
Subdivision: FOUNTAIN HILLS AZ 104

Location

Region: Fountain Hills

Financial & listing details

Price per square foot: $298/sqft
Tax assessed value: $594,800
Annual tax amount: $1,659
Date on market: 5/11/2025
Cumulative days on market: 197 days
Listing terms: Conventional,FHA,VA Loan
Ownership: Fee Simple
Electric utility on property: Yes

Price history

Date	Event	Price
12/27/2024	Sold	$775,000-3.1%$298/sqft
Source: ARMLS #6771489 Report a problem
10/25/2024	Price change	$799,900-3.6%$308/sqft
Source: ARMLS #6771489 Report a problem
10/16/2024	Listed for sale	$829,900+10.7%$319/sqft
Source: ARMLS #6771489 Report a problem
10/2/2024	Listing removed	$749,900$288/sqft
Source: ARMLS #6671718 Report a problem
7/2/2024	Pending sale	$749,900$288/sqft
Source: ARMLS #6671718 Report a problem
7/2/2024	Listed for sale	$749,900$288/sqft
Source: ARMLS #6671718 Report a problem
3/29/2024	Contingent	$749,900$288/sqft
Source: ARMLS #6671718 Report a problem
3/2/2024	Listed for sale	$749,900+1822.8%$288/sqft
Source: ARMLS #6671718 Report a problem
3/30/1995	Sold	$39,000$15/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,237 -5.2%	$59,480 -13%
2024	$1,305 +6.4%	$68,400 +172.2%
2023	$1,226 -18.3%	$25,128 -36.2%
2022	$1,501 -6.2%	$39,380 +2.3%
2021	$1,600 -1.7%	$38,510 +6.4%
2020	$1,628 +0.4%	$36,180 +12.5%
2019	$1,622	$32,170 +7.2%
2018	$1,622 +3.9%	$30,020 +6.6%
2017	$1,561 +9.2%	$28,160 +3.6%
2016	$1,430 +1.5%	$27,180 +5.3%
2015	$1,409	$25,800 +23.3%
2014	--	$20,930 +43.2%
2013	--	$14,620 -3.2%
2012	--	$15,110 -4.4%
2011	--	$15,800 -14.2%
2010	--	$18,420 -43.4%
2009	--	$32,520 +16.2%
2008	--	$27,980 -14.3%
2007	--	$32,650 +57%
2006	--	$20,800
2005	--	$20,800 +8.3%
2004	--	$19,200 +163.7%
2003	--	$7,280
2002	--	$7,280