14415 N SHERWOOD Drive A &B, Fountain Hills, AZ 85268 (MLS# 6032784)

14415 N SHERWOOD Drive A &B, Fountain Hills, AZ 85268

$430,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $430,000 Last Modified: 5/04/2026

Overview

Description

We are pleased to announce a beautiful duplex in Fountain Hills. Property has been recently updated with new exterior stucco, new fiberglass windows, new vinyl sliding glass doors, new exterior paint - bldg trim, block walls and gates, and new elastomeric coating on the roof. All 4 bathrooms have been updated with new toilets, faucets, lighting, and the bathtubs have been resurfaced. A couple of the kitchen appliances have been updated. The rear, covered patio overlooks the backyard and desert wash. Both units have 2 bedrooms with 2 ensuite full bathrooms. The covered carports might be able to be converted into garages. Tenants pay for electric, water, trash and cable TV/Internet. Owner pays for sewer. Drive by only * do not disturb the tenants! No showings without an accepted offer.

Listing Details MLS# 6032784

Location, Tax & Legal

Map Code/Grid: L40
House Number: 14415
Compass: N
Street Name: SHERWOOD
St Suffix: Drive
City/Town Code: Fountain Hills
State/Province: AZ
Zip Code: 85268
Zip4: 2145
Country: US
County Code: Maricopa
Subdivision: FOUNTAIN HILLS AZ FP 111
Assessor Number: 176-02-334
Tax Year: 2019
Unit #: A &B
Assessor's Map #: 2
Legal Description (Abbrev): FOUNTAIN HILLS AZ FP 111
Assessor's Parcel #: 334
Add'l Parcels: No
Tax Municipality: Fountain Hills
Taxes: 1136
Legal: FOUNTAIN HILLS AZ FINAL PLAT NO 111
Marketing Name: Fountain Hills

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 11,099 SF
Year Built: 1986
Uncvrd Parking Spcs: 4
Total # of Units: 2
# of Buildings: Yes
Zoning: R2
Elementary School District: Fountain Hills Unified District
High School District: Fountain Hills Unified District
Jr. High School: Fountain Hills Middle School
High School: Fountain Hills High School

Remarks Misc

Cross Street: Fountain Hills Blvd & Saguaro

Status Change Info

Off Market Date: 2020-02-25
Under Contract Date: 2020-02-06
Close of Escrow Date: 2020-02-28

Legal Info

Township: 3N
Range: 6E
Section: 10
Lot Number: 3

More Information

Income Expenses

Gross Annual Sch Inc: 31200
Net Operating Income: 24168

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 1300
Avg SqFt: 1026
# Baths: 2

Sold Info

Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

Duplex: Yes

Construction

Steel Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Built-Up: Yes

Floors

Ceramic Tile: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 1200
Annual Land Lse Exp: 0
Annual Landscape Exp: 500
Annual Legal & Acctg: 0
Annual Maint Exp: 1500
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 1136
Operating Exp: 5472
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 29640
Total Monthly Rental Income: 2600

Pmt & Rate Info

Cap Rate: 5.62
Down Payment: 0
Equity: 430000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0

Showing Notification Methods

Text: Yes

Lockbox Type

None: Yes

Community Features

No Pool: Yes
Other: Yes
See Remarks: Yes

Heating

Electric: Yes

Cooling

Heat Pump: Yes

Exterior Amenities

Desert Landscaping: Yes
Cable TV Available: Yes
Patio/Balcony: Yes

Tenant Pays

Water: Yes
Electricity: Yes

Appliances Included

Built-In Range: Yes
W/D Hookup: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Projected Proforma: Yes

Water Source

Private: Yes

Sewer

Sewer - Public: Yes

Parking Features

Carport: Yes
>1 Space Per Unit: Yes
Add'l Parking Avail: Yes

Electric

SRP: Yes

Gas

None: Yes

Owner Pays

Sewer: Yes
Landscaping: Yes

New Financing

Conventional: Yes

Existing 1st Loan

Other (See Rmks): Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Other (See Remarks): Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Other (See Remarks): Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Duplex Construction: Steel Frame Const - Finish: Painted; Stucco Roofing: Built-Up Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool; Other; See Remarks Exterior Amenities: Desert Landscaping; Cable TV Available; Patio/Balcony Appliances Included: Built-In Range; W/D Hookup Cooling: Heat Pump Water Source: Private Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Carport; >1 Space Per Unit; Add'l Parking Avail Road Surface Type: Asphalt Owner Pays: Landscaping Tenant Pays: Water; Electricity Source of Fincl Data: Projected Proforma Showing Notification Methods: Text Lockbox Type: None Existing 1st Loan: Other (See Rmks) Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: None

Listing Office: Grace CRE

Last Updated: May - 04 - 2026