NOT LISTED FOR SALE

1380 W Island Cir Unit 9 Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $1,609,000 - $1,994,000

0.36 Acre
$5,048,889 Price per Acre
15,682 Sq Ft Lot

Last Sold March 06, 2020

Last sale price $440,000

Est. 313% increase in value since last sale

Current estimated payment $10,556/month

2 Days on Market

Highlights

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

About This Lot

As of March 2020

The last lot on the Island in Ocotillo! Build your custom home on the award winning Phil Mickelson Ocotillo Golf Course! The lot is set on Hole 7 and has great water and golf course views! The private and exclusive Island at Ocotillo is close to Intel, Shopping, Freeways and in the beautiful Ocotillo community. Very desirable schools nearby!

Last Agent to Sell the Property

Mike Caruso

HomeSmart License #SA540586000 Listed on: 01/30/2020

HomeSmart

Last Buyer's Agent

Kiran Vedantam

Kosh Realty License #BR557655000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,979

Lot Details

  • 0.36

HOA Fees

Schools

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

Additional Features

  • 0.36 Acre Lot
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 303-39-024

Community Details

Overview

  • Ocotillo Association, Phone Number (480) 704-2900
  • Secondary HOA Phone (480) 704-2900
  • Island At Ocotillo Subdivision

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,979

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Cross Street: Queen Creek Rd & Alma School
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: Res
  • Tax Year: 2019
  • Directions: S on Alma School. W on Sand Piper. S on Jacaranda. W into Island Gate.
  • Lot Size Acres: 0.36
  • Subdivision Name: ISLAND AT OCOTILLO
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Lake Subdivision, Golf Course Lot, Golf Course Subd, Gated Community
  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • HOA #2 Paid Frequency: Monthly
  • Annual HOA Fees: 250.0
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 4807042900
  • HOA Transfer Fee: 400.0
  • Association #2 Fee: 65.0
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Ocotillo
  • Association Name: Ocotillo
  • Association Phone #2: 4807042900
  • Phone: 480-704-2900
  • Association: Yes

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: Irr
  • Lot Size Sq Ft: 15464.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 303-39-024
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1979.0
  • Tax Book Number: 303.00
  • Tax Lot: 9
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Feb 25, 2020
Sold by
Island Circle Llc
Bought by
Shah Ravi and Shan Nidhi
Seller's Agent
Mike Caruso
HomeSmart
Buyer's Agent
Kiran Vedantam
Kosh Realty
List Price
$444,000
Sold Price
$440,000
Premium/Discount to List
-$4,000
-0.9%
Current Estimated Value
$1,817,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,377,600
Avg. Annual Appreciation
26.65%

Purchase Details

Listed on
Jan 29, 2010
Closed on
Apr 4, 2013
Sold by
Clark Tim and Clark Tracy
Bought by
Island Circle Llc
Seller's Agent
Tanya Rhoades
RE/MAX Fine Properties
Buyer's Agent
Mike Caruso
HomeSmart
List Price
$575,000
Sold Price
$330,000
Premium/Discount to List
-$245,000
-42.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Jan 30, 2007
Sold by
Baghal Mohammad T
Bought by
Clark Tim and Clark Tracy

Purchase Details

Closed on
Nov 22, 2004
Sold by
Hosseinizadeh Leila
Bought by
Baghai Mohammad T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,950
Interest Rate
6%
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
Shah Ravi $440,000 Old Republic Title Agency
Island Circle Llc $330,000 Magnus Title Agency
Clark Tim $550,000 Security Title Agency Inc
Baghai Mohammad T -- Fidelity National Title
Baghai Mohammad T $307,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baghai Mohammad T $260,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $440,000 -0.9% --
02/01/2020 02/01/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $444,000 +34.5% --
04/10/2013 04/10/13 Sold $330,000 -42.6% $21 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
01/29/2010 01/29/10 For Sale $575,000 -- $37 / 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 $7,719 $83,886 -- --
2024 $3,665 $79,892 -- --
2023 $3,665 $64,630 $12,920 $51,710
2022 $2,007 $50,010 $50,010 $0
2021 $2,063 $49,500 $49,500 $0
2020 $2,051 $46,710 $46,710 $0
2019 $1,979 $40,440 $40,440 $0
2018 $1,923 $38,700 $38,700 $0
2017 $1,806 $37,650 $37,650 $0
2016 $1,745 $33,615 $33,615 $0
2015 $1,785 $31,200 $31,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Caruso

    Seller's Agent in 2020

    Mike Caruso

    HomeSmart

    (480) 201-3700

    1 in this area

    48 Total Sales

    Mike Caruso
    Section Image
  • Kiran Vedantam

    Buyer's Agent in 2020

    Kiran Vedantam

    Kirans & Associates Realty

    (602) 550-4842

    5 in this area

    119 Total Sales

    Kiran Vedantam
    Section Image
  • Tanya Rhoades

    Seller's Agent in 2013

    Tanya Rhoades

    RE/MAX

    (480) 650-4422

    2 in this area

    36 Total Sales

    Tanya Rhoades
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6030424

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-39-024

Arizona Maricopa County Chandler 85248 Ocotillo

1380 W Island Cir Unit 9, Chandler, AZ

This home is located at 1380 W Island Cir Unit 9, Chandler, AZ 85248 since 30 January 2020 and is currently estimated at $1,817,600. 1380 W Island Cir Unit 9 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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