NOT LISTED FOR SALE

1141 W Island Dr Unit 2 Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $1,336,000 - $2,494,523

0.82 Acre
$2,434,001 Price per Acre
35,719 Sq Ft Lot

Last Sold March 30, 2017

Last sale price $285,000

Est. 600% increase in value since last sale

Current estimated payment $11,306/month

74 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Property is near a golf course
  • Jacobson Elementary School Rated A
  • 0.82 Acre Lot

About This Lot

As of March 2017

LAST CUSTOM LOT FOR SALE IN OCOTILLO! THIS HUGE LOT OFFERS SO MANY OPTIONS TO BUILD YOUR DREAM HOME! ONE OF THE LARGEST LOTS IN THE VISTAS! PLEASE SEE DOCUMENT SECTION FOR SAMPLE FLOORPLANS, RECORDED DEED RESTRICTIONS, PLAT MAP, ETC. ENJOY THE AMAZING AMENITIES IN OCOTILLO, INCLUDING THE TROON MANAGED OCOTILLO GOLF COURSE, ENDLESS LAKES AND OPEN AREA, PLUS SO MUCH MORE! PLEASE CALL WITH ANY QUESTIONS!

Last Agent to Sell the Property

Dan Stoegbauer

OfferPad Brokerage, LLC License #BR519882000 Listed on: 11/28/2016

OfferPad Brokerage, LLC

Last Buyer's Agent

Gordon Baker

RE/MAX Alliance Group License #SA536186000

RE/MAX Alliance Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,472

Lot Details

  • 0.82 Acre Lot
  • Block Wall Fence

HOA Fees

  • $142 Monthly HOA Fees

Schools

  • Anna Marie Jacobson Elementary School
  • Bogle Junior High School
  • Hamilton High School

Additional Features

  • North or South Exposure
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 303-39-307

Community Details

Overview

  • Ocotillo Comm. Assc. Association, Phone Number (480) 704-2900
  • Vistas At Ocotillo Subdivision

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,472

Lot Details

0

HOA Fees

$142 per month

Listing Details

  • Cross Street: QUEEN CREEK & ALMA SCHOOL RD.
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: Single
  • Tax Year: 2016
  • Directions: SOUTH ON ALMA SCHOOL RD TO SANDPIPER, WEST TO JACARANDA, SOUTH TO ISLAND DR. (GATED ENTRANCE). PROPERTY IS FIRST LOT ON LEFT SIDE OF STREET.
  • Lot Size Acres: 0.82
  • Road Surface Type: Private Street
  • Subdivision Name: VISTAS AT OCOTILLO
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Lake Subdivision, Golf Course Subd, Gated Community, North/South Exp, Border Common Area
  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 141.5
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480-704-2900
  • HOA Transfer Fee: 185.0
  • Association Fee: 141.5
  • Association Fee Frequency: Monthly
  • Association Name: OCOTILLO COMM. ASSC.
  • Phone: 480-704-2900
  • Association: Yes

Schools

  • Elementary School: Anna Marie Jacobson Elementary School
  • High School: Hamilton High School
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Lot Size: 191 x 219 212 x 152
  • Lot Size Sq Ft: 35914.0
  • Additional Parcels: No
  • Parcel #: 303-39-307
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1472.0
  • Tax Book Number: 303.00
  • Tax Lot: 2
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2016
Closed on
Mar 2, 2017
Sold by
Stoegbauer Daniel and Stoegbauer Kimberley
Bought by
Salek Mehdi and Salek Mahsa M
Seller's Agent
Dan Stoegbauer
OfferPad Brokerage, LLC
Buyer's Agent
Gordon Baker
RE/MAX Alliance Group
List Price
$329,900
Sold Price
$285,000
Premium/Discount to List
-$44,900
-13.61%
Current Estimated Value
$1,995,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,710,881
Avg. Annual Appreciation
26.63%
Original Mortgage
$213,750
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2014
Sold by
Smith Michael and Smith Joan
Bought by
Stoegbauer Daniel and Stoegbauer Kimberley

Purchase Details

Listed on
Oct 18, 2010
Closed on
Mar 28, 2013
Sold by
Marina Capital Investment Llc
Bought by
Smith Michael and Smith Joan
Seller's Agent
Matt Jones
Acacia Properties
Buyer's Agent
Dan Stoegbauer
OfferPad Brokerage, LLC
List Price
$229,500
Sold Price
$190,000
Premium/Discount to List
-$39,500
-17.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.31%

Purchase Details

Closed on
Aug 3, 2009
Sold by
Dameron Tom and Dameron Julie
Bought by
Marina Capital Investment Llc

Purchase Details

Closed on
Jul 9, 2009
Sold by
Drummond Ronald and Drummond Peggy
Bought by
Dameron Tom and Dameron Julie

Purchase Details

Closed on
Mar 14, 2006
Sold by
Hale & Boggs Llc
Bought by
Robmar Development Llc

Purchase Details

Closed on
Dec 26, 2004
Sold by
Drummond Ronald and Drummond Peggy
Bought by
Hale & Boggs Llc

Purchase Details

Closed on
Dec 17, 1998
Sold by
Bradley Gary R
Bought by
Drummond Ronald and Drummond Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 1994
Sold by
Ocotillo West L L C
Bought by
The Empire Group L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,400,000
Interest Rate
8.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salek Mehdi $285,000 Chicago Title
Stoegbauer Daniel $205,000 Clear Title Agency Of Arizon
Smith Michael $190,000 Old Republic Title Agency
Marina Capital Investment Llc -- None Available
Dameron Tom $95,600 First American Title Ins Co
Robmar Development Llc -- None Available
Hale & Boggs Llc -- --
Drummond Ronald $86,000 Security Title Agency
The Empire Group L L C $100,000 Stewart Title & Trust
Bradley Gary R $500,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Salek Mehdi $213,750
Previous Owner Drummond Ronald $68,800
Previous Owner Bradley Gary R $3,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2017 03/30/17 Sold $285,000 -13.6% --
02/10/2017 02/10/17 Pending -- -- --
11/28/2016 11/28/16 For Sale $329,900 +73.6% --
04/02/2013 04/02/13 Sold $190,000 -17.2% $8 / Sq Ft
02/14/2013 02/14/13 Pending -- -- --
10/18/2010 10/18/10 For Sale $229,500 -- $9 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,481 $81,307 -- --
2024 $7,338 $77,435 -- --
2023 $7,338 $135,800 $27,160 $108,640
2022 $7,106 $104,830 $20,960 $83,870
2021 $1,740 $42,495 $42,495 $0
2020 $1,730 $36,705 $36,705 $0
2019 $1,669 $28,920 $28,920 $0
2018 $1,622 $27,795 $27,795 $0
2017 $1,524 $41,805 $41,805 $0
2016 $1,465 $34,695 $34,695 $0
2015 $1,505 $37,552 $37,552 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dan Stoegbauer

    OfferPad Brokerage, LLC

    Dan Stoegbauer
    Section Image
  • Gordon Baker

    Buyer's Agent in 2017

    Gordon Baker

    RE/MAX

    (480) 326-8571

    75 Total Sales

    Gordon Baker
    Section Image

  • M

    Seller's Agent in 2013

    Matt Jones

    Acacia Properties

    (480) 390-7899

    1 in this area

    8 Total Sales

    Matt Jones
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5529776

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-39-307

Arizona Maricopa County Chandler 85248 Ocotillo

1141 W Island Dr Unit 2, Chandler, AZ

This home is located at 1141 W Island Dr Unit 2, Chandler, AZ 85248 since 28 November 2016 and is currently estimated at $1,995,881. 1141 W Island Dr Unit 2 is a home located in Maricopa County with nearby schools including Jacobson Elementary School, Bogle Junior High School, and Hamilton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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