NOT LISTED FOR SALE

Estimated Value: $1,257,000 - $1,325,187

4 Beds
3 Baths
3,069 Sq Ft
$420/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $615,000 $200 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $7,215/month

173 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • No HOA
  • Madison Richard Simis School Rated A-
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of January 2016

This custom new build is located in a lovely neighborhood near Piestuawa Peak and Biltmore Shopping Ctr. Lovely front porch is a focal point for this Magee Builder home. Stunning Birchwood floors, granite slab countertops. Upgraded stainless steel appliances, paver driveway and walkway, along with a 3 car garage compliment the quality construction of this home. There is unbelievable attention to detail. This home is a must see. Features list available under the documents tab. There are 3 new Magee homes at this location. 3,269 sq ft next door is sold; 3,569 sq ft is under construction with expected completion March 2016.

Last Agent to Sell the Property

Dennis Kolodin

Metro Realty License #BR535429000 Listed on: 06/18/2015

Co-Listed By

Adam Kolodin

Versatile Properties License #SA644510000

Last Buyer's Agent

Scott Porambo

Prime House LLC License #BR036102000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 0.27 Acre Lot
  • Private Streets
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,069 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Security System Leased
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Madison Rose Lane Elementary School
  • Madison #1 Middle School
  • Central High School

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Magee Builders

Listing and Financial Details

  • Assessor Parcel Number 161-07-077-A

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 16TH ST & NORTHERN
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2015
  • Tax Year: 2014
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.27
  • Co List Office Mls Id: meto01
  • Co List Office Phone: 602-687-9933
  • Subdivision Name: N/A
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 200.39
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3069.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage, Garage Door Opener, Extended Length Garage, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Leased
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Madison Rose Lane School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11921.0
  • Parcel #: 161-07-077-A

Building Info

  • Builder Name: Magee Builders

Tax Info

  • Tax Book Number: 161.00
  • Tax Lot: TBD
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2015
Closed on
Feb 25, 2016
Sold by
Olhausen Kelly M
Bought by
Olhausen Kelly M and Kelly M Olhausen Revocable Tru
Seller's Agent
Dennis Kolodin
Metro Realty
Buyer's Agent
Scott Porambo
Prime House LLC
List Price
$659,900
Sold Price
$615,000
Premium/Discount to List
-$44,900
-6.8%
Current Estimated Value
$1,290,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$675,047
Avg. Annual Appreciation
7.67%

Purchase Details

Listed on
Jun 18, 2015
Closed on
Jan 12, 2016
Sold by
Hastings Ocotillo Llc
Bought by
Olhausen Kelly M
Seller's Agent
Dennis Kolodin
Metro Realty
Buyer's Agent
Scott Porambo
Prime House LLC
List Price
$659,900
Sold Price
$615,000
Premium/Discount to List
-$44,900
-6.8%

Purchase Details

Closed on
Oct 10, 2013
Sold by
Hastings Ocotill Llc
Bought by
Hastings Ocotillo Llc

Purchase Details

Closed on
Sep 18, 2013
Sold by
Hastings Ocotillo Llc
Bought by
City Of Phoenix

Purchase Details

Listed on
Dec 7, 2012
Closed on
Feb 14, 2013
Sold by
Ardi Ocotillo Llc
Bought by
Hastings Ocotillo Llc
Seller's Agent
Nicholas Mowery
Compass
Buyer's Agent
Rosie Derryberry
Real Broker
List Price
$400,000
Sold Price
$401,000
Premium/Discount to List
$1,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%

Purchase Details

Closed on
Nov 1, 2010
Sold by
Babich Ernest J and Hunter Craig J
Bought by
Ardi Octoillo Llc

Purchase Details

Closed on
Sep 30, 2005
Sold by
Morkunas Virginia J
Bought by
1335 East Ocotillo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.72%
Mortgage Type
New Conventional
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Olhausen Kelly M -- None Available
Olhausen Kelly M $615,000 Grand Canyon Title Agency
Hastings Ocotillo Llc -- None Available
City Of Phoenix -- None Available
Hastings Ocotillo Llc $401,000 Grand Canyon Title Agency In
Ardi Octoillo Llc $395,000 None Available
1335 East Ocotillo Llc $1,000,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1335 East Ocotillo Llc $700,000
Closed 1335 East Ocotillo Llc $565,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2016 01/15/16 Sold $615,000 -1.6% $200 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
11/12/2015 11/12/15 Price Changed $625,000 -3.8% $204 / Sq Ft
08/01/2015 08/01/15 Price Changed $649,900 -1.5% $212 / Sq Ft
06/18/2015 06/18/15 For Sale $659,900 +64.6% $215 / Sq Ft
02/14/2013 02/14/13 Sold $401,000 +0.3% -- View Prior Sale
12/07/2012 12/07/12 Pending -- -- --
12/06/2012 12/06/12 For Sale $400,000 -- --
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 $6,436 $53,669 -- --
2024 $5,932 $51,113 -- --
2023 $5,932 $91,420 $18,280 $73,140
2022 $5,728 $74,770 $14,950 $59,820
2021 $5,782 $67,870 $13,570 $54,300
2020 $5,650 $63,760 $12,750 $51,010
2019 $5,512 $53,830 $10,760 $43,070
2018 $5,362 $48,160 $9,630 $38,530
2017 $5,081 $46,870 $9,370 $37,500
2016 $4,885 $45,520 $9,100 $36,420
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5295999

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-07-077A