NOT LISTED FOR SALE

1481 W Blue Ridge Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $643,721 - $730,000

3 Beds
2 Baths
1,533 Sq Ft
$438/Sq Ft Est. Value

Last Sold April 22, 2015

Last sale price $320,000 $209 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,753/month

36 Days on Market

Highlights

  • Golf Course Community
  • Play Pool
  • Community Lake
  • Chandler Traditional Academy Independence Campus Rated A
  • Waterfront
  • Vaulted Ceiling

About This Home

As of April 2015

Beautiful waterfront home in Ocotillo Lakes! This single level, 3 bedroom/2 bath home is light, bright and spacious with vaulted ceilings throughout. Terrific great room floor plan means no wasted space, and the split master bedroom provides ample privacy. Comfy eat-in kitchen with bay window views, corian counters and gas cooking. Just updated with beautiful wood flooring, this home is move-in ready. Even the refrigerator and washer/dryer are included! Now step out back, soak up the Arizona sunshine, take a dip in the pebble-tech pool, or just sip a beverage and ponder life on the lake! Located in the highly sought after Chandler Traditional Academy (CTA) Independence elementary school district, and close to other excelling schools, Ocotillo golf/shopping/dining, and the 101/202!

Last Agent to Sell the Property

Robert Beglin

Realty Executives License #SA578289000 Listed on: 01/16/2015

Last Buyer's Agent

Karrie Law

RE/MAX Foothills License #SA106335000

RE/MAX Foothills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,319

Year Built

  • Built in 1998

Lot Details

  • 7,057 Sq Ft Lot
  • Waterfront
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,533 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Play Pool
  • Covered patio or porch
  • Outdoor Storage

Schools

  • Chandler Traditional Academy - Independence Elementary School
  • Bogle Junior High School
  • Hamilton High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Filtration System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 303-48-094

Community Details

Overview

  • Association fees include ground maintenance
  • Pmg Services Association, Phone Number (480) 704-2900
  • Ocotillo Lakes Association, Phone Number (480) 829-7400
  • Association Phone (480) 829-7400
  • Built by Pulte Homes
  • Ocotillo Lakes Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,319

Year Built

Built in 1998

Lot Details

0

HOA Fees

$103 per month

Parking

2

Listing Details

  • Cross Street: Alma School Rd. and Ocotillo Rd.
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Ocotillo Lakes
  • HOA #2 Phone Number: (480)829-7400
  • HOA #2 Transfer Fee: 160.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 102.5
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2014
  • Directions: South on Alma School, Right on Lake Drive, Left on Wildflower Drive, Left on Mead Drive, Right on Meadows Place, Right on Blue Ridge Way.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Ocotillo Lakes
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 56.5
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Drink Wtr Filter Sys, No Interior Steps, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1533.0
  • Stories: 1
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Storage
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Private
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Golf, Tennis Court(s), Playground, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 46.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 56.5
  • Association Fee Frequency: Monthly
  • Association: Ocotillo Lakes
  • Association Name: Ocotillo Comm. Assn.
  • Association Phone #2: (480)829-7400
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 360.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Ocotillo Comm. Assn.
  • Association Fees:HOA Telephone4: (480)704-2900
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Premier Comm. Mgmt.
  • Association Fees:HOA Management Phone: (480)704-2900
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:HOA Management Company 2: PMG Services
  • Association Fees:HOA Management Phone 2: (480)829-7400

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Chandler Traditional Academy - Independence
  • High School: Hamilton High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7057.0
  • Parcel #: 303-48-094
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Pulte Homes

Tax Info

  • Tax Annual Amount: 2319.24
  • Tax Book Number: 303.00
  • Tax Lot: 48
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2021
Sold by
Law Darren P and Law Karrie
Bought by
Law Darren P and Law Karrie
Total Days on Market
36
Current Estimated Value
$616,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$81,715
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$534,949

Purchase Details

Closed on
Dec 7, 2017
Sold by
Law Karrie Lynn and Law Darren P
Bought by
Law Darren P and Law Karrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,470
Interest Rate
3.94%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 5, 2015
Sold by
Law Darren P and Law Karrie L
Bought by
Law Darren P and Law Karrie

Purchase Details

Listed on
Jan 16, 2015
Closed on
Mar 27, 2015
Sold by
Leahy Kevin M and Leahy Lue G
Bought by
Law Karrie L and Law Darren P
Seller's Agent
Robert Beglin
Realty Executives
Buyer's Agent
Karrie Law
RE/MAX Foothills
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$256,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2008
Sold by
Anjoy Inc
Bought by
Leahy Kevin M and Leahy Lue G

Purchase Details

Closed on
Apr 16, 2005
Sold by
Lenzi Thomas W and Lenzi Diane K
Bought by
Anjo Inc

Purchase Details

Closed on
Dec 22, 2004
Sold by
Dinsenbacher John R
Bought by
Lenzi Thomas W and Lenzi Diane K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1998
Sold by
Pulte Home Corp
Bought by
Dinsenbacher John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,650
Interest Rate
7.15%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Law Darren P -- None Available
Law Darren P -- None Available
Law Darren P -- None Available
Law Karrie Lynn -- None Available
Law Darren P -- None Available
Law Karrie L $320,000 Stewart Title
Leahy Kevin M $300,000 Transnation Title Ins Co
Anjo Inc $365,000 Transnation Title
Lenzi Thomas W $263,000 Capital Title Agency Inc
Dinsenbacher John R $165,490 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Law Darren P $90,000
Open Law Darren P $275,000
Closed Law Karrie Lynn $46,470
Previous Owner Law Karrie L $256,000
Previous Owner Lenzi Thomas W $210,400
Previous Owner Dinsenbacher John R $34,600
Previous Owner Dinsenbacher John R $134,300
Previous Owner Dinsenbacher John R $140,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2015 04/22/15 Sold $320,000 -3.0% $209 / Sq Ft
02/21/2015 02/21/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $329,900 -- $215 / 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 $2,378 $32,001 -- --
2024 $2,408 $30,477 -- --
2023 $2,408 $47,380 $9,470 $37,910
2022 $2,323 $35,550 $7,110 $28,440
2021 $2,435 $33,660 $6,730 $26,930
2020 $2,424 $30,250 $6,050 $24,200
2019 $2,331 $28,160 $5,630 $22,530
2018 $2,257 $26,470 $5,290 $21,180
2017 $2,104 $24,860 $4,970 $19,890
2016 $2,027 $26,400 $5,280 $21,120
2015 $1,964 $24,670 $4,930 $19,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5222869

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-094