Excellent opportunity to own a duplex in Fountain Hills. Rent one and live in the other or Rent 'em both out. Property needs some work but priced for it too. 3 br, 2 bath in one unit. 2 br, 2 bath in the other. New $33,000 roof. Each unit has it's own large storage room and it's own laundry room. The property sits on a large lot, front end loaded with the structure, so back yard is extra large for tenants.
Sold for $450,000
$450,000
16821 E IBSEN Drive, Fountain Hills, AZ 85268
5beds
4baths
2,175sqft
Multi Family
Built in 1974
-- sqft lot
$447,600 Zestimate®
$207/sqft
$1,327 Estimated rent
Home value
$447,600
$407,000 - $492,000
$1,327/mo
Zestimate® history
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$2,614/mo
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List your homeWhat's special
Large lotLarge storage roomOwn laundry room
Zillow last checked:
Listing updated:
Listed by:
Matt M. Borkowski 480-599-7764,
HomeSmart
Bought with:
Sheri Jones, BR636311000
Jason Mitchell Real Estate
Source: ARMLS,MLS#: 6883802
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Electric
Cooling
- Central Air, 2 or More Units
Appliances
- Included: Refrigerator, Free-Standing Electric Oven
Features
- Flooring: Carpet, Concrete
Interior area
- Total structure area: 2,175
- Total interior livable area: 2,175 sqft
Property
Parking
- Total spaces: 4
- Parking features: >1 Space Per Unit, Carport
- Has carport: Yes
- Covered spaces: 2
- Uncovered spaces: 2
Lot
- Size: 0.34 Acres
- Dimensions: 164' x 90'
Details
- Parcel number: 17602365
- Zoning: Duplex
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco
- Roof: Foam
Condition
- Year built: 1974
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: Private
Community & HOA
Community
- Features: No Pool
- Subdivision: FOUNTAIN HILLS ARIZONA FINAL PLAT NO 111
Location
- Region: Fountain Hills
Financial & listing details
- Price per square foot: $207/sqft
- Tax assessed value: $472,300
- Annual tax amount: $1,287
- Date on market: 10/29/2025
- Cumulative days on market: 26 days
- Listing terms: Conventional,FHA
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2025 | Sold | $450,000-10%$207/sqft |
Source:  ARMLS #6883802 Report a problem | ||
| 7/18/2025 | Pending sale | $500,000$230/sqft |
Source: ARMLS #6883802 Report a problem | ||
| 7/2/2025 | Price change | $500,000-4.8%$230/sqft |
Source: ARMLS #6883802 Report a problem | ||
| 6/23/2025 | Listed for sale | $525,000$241/sqft |
Source: ARMLS #6883802 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $960 -5.2% | $47,230 -14.9% |
| 2024 | $1,013 +15.3% | $55,520 +184.7% |
| 2023 | $879 -18.8% | $19,504 -42.8% |
| 2022 | $1,081 -7.2% | $34,100 +1.6% |
| 2021 | $1,165 -2% | $33,550 +11.3% |
| 2020 | $1,189 +0.4% | $30,150 +15.2% |
| 2019 | $1,184 | $26,170 +9.5% |
| 2018 | $1,184 +4% | $23,910 +4.4% |
| 2017 | $1,138 +8.7% | $22,900 +4.7% |
| 2016 | $1,047 +0.6% | $21,870 +2.9% |
| 2015 | $1,041 | $21,260 +27.8% |
| 2014 | -- | $16,630 +48.2% |
| 2013 | -- | $11,220 -7.7% |
| 2012 | -- | $12,150 -10.5% |
| 2011 | -- | $13,570 -28.9% |
| 2010 | -- | $19,080 -41.4% |
| 2009 | -- | $32,580 +7.3% |
| 2008 | -- | $30,360 +19.1% |
| 2007 | -- | $25,500 +48.3% |
| 2006 | -- | $17,200 |
| 2005 | -- | $17,200 +16.2% |
| 2004 | -- | $14,800 |
| 2003 | -- | $14,800 +12.1% |
| 2002 | -- | $13,200 |
Find assessor info on the county website
Neighborhood: 85268
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Nearby schools
GreatSchools rating
- 5/10McDowell Mountain Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 6/10Fountain Hills Middle SchoolGrades: 4-8Distance: 0.9 mi
- 5/10Fountain Hills High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Fountain Hills Middle 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
$447,600
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$447,600
- Arizona
- Maricopa County
- Fountain Hills
- 85268
- 16821 E IBSEN Drive
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