NOT LISTED FOR SALE

1515 E Ocotillo Rd Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $1,419,000 - $1,494,165

0.91 Acre
$1,617,902 Price per Acre
39,640 Sq Ft Lot

Last Sold October 30, 2018

Last sale price $880,000

Est. 67% increase in value since last sale

Current estimated payment $8,384/month

181 Days on Market

About This Lot

As of October 2018

This over sized property is perfect for a small developer looking to get into the North Central market place. With R1-6 Zoning, you should easily be able to fit 5 homes on the site, or keep the existing home and create 1 to 2 additional ''flag'' lots. Walking distance to restaurants and shopping this neighborhood is going through a renaissance. Watt Communities is currently building next door with will allow any builder to play off their extensive marketing window.

Last Agent to Sell the Property

Cory Mishkin

Cambridge Properties License #SA525096000 Listed on: 03/31/2018

Co-Listed By

Jonathan Gotcher

Cambridge Properties License #SA652408000

Last Buyer's Agent

Cory Mishkin

Cambridge Properties License #SA525096000 Listed on: 03/31/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,604

Lot Details

  • 0.91 Acre Lot
  • Property is zoned R1-6

Schools

  • Madison Heights Elementary School
  • Madison Meadows Middle School
  • North High School

Community Details

  • No Home Owners Association
  • Sherwood Towne Tract A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161-08-078-A

Property Details

Property Type

Land

Est. Annual Taxes

$6,604

Lot Details

0

Listing Details

  • Cross Street: 16th Street & Maryland
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R1-6
  • Tax Year: 2016
  • Directions: North on 16th St from Maryland. Left (W) on Ocotillo to property on Left (S) side of road.
  • Lot Size Acres: 0.91
  • Co List Office Mls Id: camb01
  • Co List Office Phone: 602-493-5100
  • Subdivision Name: Sherwood Towne Tract A
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Madison Heights Elementary School
  • High School: North High School
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Lot Size: 129 x 310
  • Lot Size Sq Ft: 39843.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 161-08-078-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6604.0
  • Tax Book Number: 161.00
  • Tax Lot: -
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Brooks Neal and Brooks Felice
Bought by
Mishkin Zackarie and Mishkin Kathryn
Total Days on Market
181
Current Estimated Value
$1,472,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,032,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2016
Sold by
Watt New Leaf 16 Ocotillo Llc
Bought by
The Jonathan A & Jennifer R Kaye Trust

Purchase Details

Closed on
Jan 27, 2003
Sold by
Kaye Jonathan A
Bought by
Kaye Jonathan A and Kaye Jennifer

Purchase Details

Closed on
Oct 4, 2002
Sold by
Miner Thomas O and Miner Pamela M
Bought by
Kaye Jonathan A

Purchase Details

Closed on
Sep 11, 2001
Sold by
Miner Thomas O and Miner Pamela M
Bought by
Miner Thomas O and Miner Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
6.88%
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
Mishkin Zackarie $1,290,000 Driggs Title Agency Inc
The Jonathan A & Jennifer R Kaye Trust -- Accommodation
Kaye Jonathan A -- --
Kaye Jonathan A $565,000 Security Title Agency
Miner Thomas O -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mishkin Zackarie $2,500,000
Closed Mishkin Zackarie $1,032,000
Previous Owner Kaye Jonathan A $404,380
Previous Owner Miner Thomas O $318,000
Closed Miner Thomas O $200,000
Closed Brooks Neal $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $880,000 -2.2% --
09/07/2018 09/07/18 Price Changed $899,900 -5.3% --
07/26/2018 07/26/18 Price Changed $950,000 -4.0% --
03/31/2018 03/31/18 For Sale $990,000 -- --
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 $7,312 $62,488 -- --
2024 $7,105 $59,512 -- --
2023 $7,105 $93,710 $18,740 $74,970
2022 $6,843 $76,550 $15,310 $61,240
2021 $6,906 $70,570 $14,110 $56,460
2020 $6,676 $68,870 $13,770 $55,100
2019 $6,516 $59,910 $11,980 $47,930
2018 $6,342 $56,810 $11,360 $45,450
2017 $6,015 $55,650 $11,130 $44,520
Source: Public Records

Agents Affiliated with this Home

  • Cory Mishkin

    Seller's Agent in 2018

    Cory Mishkin

    Cambridge Properties

    (602) 820-9000

    30 in this area

    156 Total Sales

    Cory Mishkin
    Section Image
  • Jonathan Gotcher

    Seller Co-Listing Agent in 2018

    Jonathan Gotcher

    Cambridge Properties

    (602) 531-3251

    19 Total Sales

    Jonathan Gotcher
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5744840

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-08-078A

Arizona Maricopa County Phoenix 85014 Camelback East Village

1515 E Ocotillo Rd, Phoenix, AZ

This home is located at 1515 E Ocotillo Rd, Phoenix, AZ 85014 since 31 March 2018 and is currently estimated at $1,472,291. 1515 E Ocotillo Rd is a home located in Maricopa County with nearby schools including Madison Richard Simis School, Madison Meadows School, and Phoenix Coding Academy.

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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