NOT LISTED FOR SALE

1340 W Island Cir Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $1,331,000 - $1,427,000

5 Beds
3 Baths
3,625 Sq Ft
$384/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $790,000 $218 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $7,922/month

Highlights

  • On Golf Course
  • Gated Community
  • 0.41 Acre Lot
  • Jacobson Elementary School Rated A
  • Waterfront
  • Community Lake

About This Home

As of July 2023

UNBELIEVABLE OPPORTUNITY TO LEASE THIS BEAUTIFUL 5 BED, 3 BATH HOME ON THE WATER AND GOLF COURSE, IN THE PRESTIGIOUS, ISLAND AT OCOTILLO. ONE OF THE PREMIER, GATED LAKE COMMUNITIES IN ALL OF THE SOUTHEAST VALLEY, WITH BREATHTAKING , UNOBSTRUCTED VIEWS FROM THIS PRIVATE 17,000+ LOT AND BALCONEY, OVERLOOKING THE LAKE AND THE ALWAYS GREEN OCOTILLO GOLF COURSE. ENTER THROUGH MASSIVE DOORS INTO AN OPEN FLOOR PLAN WITH SOARING CEILINGS IN THE GREAT ROOM WITH STONE FPL, FANTASTIC VIEWS FROM THE GREAT ROOM, DINING AND GOURMET KITCHEN, WITH GRANITE COUNTERS, STAINLESS STEEL APPLS. ISLAND WITH UTILITY SINK, THERE IS 2 BEDROOMS DOWNSTAIRS WITH FULL BATH, ALL BEDROOMS HAVE WALK-IN CLOSETS, COZY FIREPLACE IN MASTER BED, WITH WALK OUT BALCONEY, BONUS RM UPSTAIRS. INCLUDES HOA AND LAWN SERVICE.

Last Agent to Rent the Property

Gary Weller

Weller Realty & Management License #BR006009000 Listed on: 04/10/2023

Last Renter's Agent

Gary Weller

Weller Realty & Management License #BR006009000 Listed on: 04/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,820

Year Built

  • Built in 1994

Lot Details

  • 0.41 Acre Lot
  • Waterfront
  • On Golf Course
  • Private Streets
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Direct Access Garage

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,625 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 5/14/23
  • $100 Move-In Fee
  • Rent includes gardening service
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 13
  • Assessor Parcel Number 303-39-028

Community Details

Overview

  • Property has a Home Owners Association
  • Island At Ocotillo Association, Phone Number (480) 704-2900
  • Built by CUSTOM
  • Island At Ocotillo Lot 1 23 Tr A Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,820

Year Built

Built in 1994

Lot Details

0

Parking

3

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Gardening Service
  • Available Date: 2023-05-14

Listing Details

  • Cross Street: ALMA SCHOOL RD/ QUEEN CREEK RD
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Rental Info H O A Name: ISLAND AT OCOTILLO
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Admin Fee: 100.0
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.41
  • Subdivision Name: ISLAND AT OCOTILLO LOT 1-23 TR A
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Fireplace Features Fireplace Living Rm2: Yes
  • Fireplace Features Gas Fireplace2: Yes
  • Fireplace Features Fireplace Master Bdr2: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Water Softener, Water Purifier
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Gas Fireplace, Fireplace Master Bdr, Fireplace Living Rm, 2 Fireplaces
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3625.0
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Community Features:Golf: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, On Golf Course, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Waterfront: Yes
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Rolled/Hot Mop
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Direct Access, Garage Door Opener, Extended Length Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included, Upper Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Golf, Lake, Gated, Biking/Walking Path
  • Association Name: ISLAND AT OCOTILLO
  • Phone: 480-704-2900
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Anna Marie Jacobson Elementary School
  • High School: Hamilton High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Lot Size Sq Ft: 17969.0
  • Parcel #: 303-39-028

Building Info

  • Builder Name: CUSTOM

Tax Info

  • Tax Book Number: 303.00
  • Tax Lot: 13
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Apr 4, 2018
Sold by
Underhill Christopher and Underhill Family Living Trust
Bought by
Roberts Todd D and Roberts Amy M
Seller's Agent
Candy Jenkins
Coldwell Banker Realty
Buyer's Agent
Kelly Wight
Sundance Properties
List Price
$859,000
Sold Price
$790,000
Premium/Discount to List
-$69,000
-8.03%
Current Estimated Value
$1,392,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,707
Avg. Annual Appreciation
8.18%
Original Mortgage
$608,000
Outstanding Balance
$528,430
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$886,987

Purchase Details

Closed on
Jun 4, 2015
Sold by
Underhill Christopher
Bought by
Underhill Christopher and Underhill Family Living Trust Agreement

Purchase Details

Closed on
Jun 15, 2007
Sold by
Blum Bette
Bought by
Underhill Christopher

Purchase Details

Closed on
Oct 22, 2004
Sold by
Hoiby James T and Hoiby Janice G
Bought by
Underhill Christopher and Blum Bette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Roberts Todd D $790,000 American Title Service Agenc
Underhill Christopher -- None Available
Underhill Christopher -- None Available
Underhill Christopher $743,000 Ticor Title Agency Of Az Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Todd D $608,000
Previous Owner Underhill Christopher $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Rented $4,500 -9.9% --
05/23/2023 05/23/23 Price Changed $4,995 -7.5% $1 / Sq Ft
05/09/2023 05/09/23 Price Changed $5,400 -6.1% $1 / Sq Ft
05/08/2023 05/08/23 Price Changed $5,750 -4.2% $2 / Sq Ft
04/10/2023 04/10/23 For Rent $6,000 +20.1% --
05/08/2021 05/08/21 Rented $4,995 0.0% --
03/03/2021 03/03/21 For Rent $4,995 +8.6% --
07/07/2020 07/07/20 Rented $4,600 0.0% --
06/22/2020 06/22/20 For Rent $4,600 0.0% --
06/22/2020 06/22/20 Price Changed $4,600 +4.5% $1 / Sq Ft
06/20/2020 06/20/20 Rented $4,400 -8.3% --
04/13/2020 04/13/20 For Rent $4,800 0.0% --
04/27/2018 04/27/18 Sold $790,000 -6.9% $218 / Sq Ft
08/18/2017 08/18/17 Price Changed $849,000 -1.2% $234 / Sq Ft
06/19/2017 06/19/17 For Sale $859,000 -- $237 / 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 $6,820 $80,642 -- --
2024 $6,678 $76,802 -- --
2023 $6,678 $101,770 $20,350 $81,420
2022 $6,448 $81,370 $16,270 $65,100
2021 $6,644 $78,270 $15,650 $62,620
2020 $6,604 $70,200 $14,040 $56,160
2019 $6,351 $73,110 $14,620 $58,490
2018 $6,153 $60,930 $12,180 $48,750
2017 $5,745 $58,970 $11,790 $47,180
2016 $5,528 $60,300 $12,060 $48,240
2015 $5,276 $55,310 $11,060 $44,250
Source: Public Records

Agents Affiliated with this Home

  • G

    Landlord's Agent in 2023

    Gary Weller

    Weller Realty & Management

    (480) 201-7111

    33 Total Sales

    Gary Weller
    Section Image
  • Terry Brock

    Buyer's Agent in 2021

    Terry Brock

    Russ Lyon Sotheby's International Realty

    (602) 799-0261

    50 Total Sales

    Terry Brock
    Section Image
  • Jeff Esposito

    Buyer's Agent in 2020

    Jeff Esposito

    Realty One Group

    (602) 690-7982

    3 in this area

    48 Total Sales

    Jeff Esposito
    Section Image
  • Candy Jenkins

    Seller's Agent in 2018

    Candy Jenkins

    Coldwell Banker Realty

    (480) 440-0068

    90 Total Sales

    Candy Jenkins
    Section Image
  • Connie Steinbach

    Seller Co-Listing Agent in 2018

    Connie Steinbach

    Century 21 Arizona Foothills

    (480) 540-5974

    3 in this area

    39 Total Sales

    Connie Steinbach
    Section Image
  • Kelly Wight

    Buyer's Agent in 2018

    Kelly Wight

    Sundance Properties

    (480) 650-6437

    5 in this area

    28 Total Sales

    Kelly Wight
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6542246

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-39-028

Arizona Maricopa County Chandler 85248 Ocotillo

1340 W Island Cir, Chandler, AZ

This home is located at 1340 W Island Cir, Chandler, AZ 85248 since 10 April 2023 and is currently priced at $1,392,707. This property was built in 1994. 1340 W Island Cir 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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