NOT LISTED FOR SALE

Estimated Value: $1,557,223 - $2,222,000

5 Beds
3.5 Baths
5,070 Sq Ft
$344/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $985,000 $194 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $10,131/month

2 Days on Market

Highlights

  • Golf Course Community
  • Play Pool
  • Gated Community
  • Chandler Traditional Academy Independence Campus Rated A
  • RV Gated
  • 0.46 Acre Lot

About This Home

As of September 2014

GORGEOUS, GORGEOUS basement home in the Exclusive Gated Embaracadero at Ocotillo Subdivision listed for just $194/sqft. Wow! Check the comps!Separate formal living & dining areas + a family room with a wet bar & impressive stone fireplace that overlooks a beautiful island kitchen with granite countertops, lots of maple cabinets, built in Refrig & gas range. Mastersuite with a big walk in closet, snail shower, jetted tub & dual vanities + 2 secondary bdrms on main floor... A guest bdrm/full bath & a den complete with built-in office furniture & closet on the lower level. Downstairs wet bar compliments the game room & separate bonus/exercise room. Many extras include 12' ceilings, plantation shutters thru out,water feature in foyer & upgraded tile in all bathrooms,kitchen & traffic areas. Very private oversize N/S corner lot has side entry 3 car garage with built in cabinets & soft water loop. Extensive stone trim on front & back of home. Amazing backyard offers a RV gate & extra parking slab, basketball hoop, in ground trampoline, putting green, covered patio with misting system, separate adobe fireplace & professionally maintained mature landscaping not to forget the pebble tec playpool with a waterfall & swim up sunken bar & bar b que area for the perfect entertaining delight. "A" graded school district includes Chandler Traditional Academy . Residents get a huge discount at the Ocotillo Golf Resort. This is a must see for the most discriminating buyers. Pool table & some excerise equipment is negotiable. Thank you!

Last Agent to Sell the Property

Susan Bennett

AZ Brokerage Holdings, LLC License #SA035284000 Listed on: 08/29/2014

AZ Brokerage Holdings, LLC

Last Buyer's Agent

Geoff Erber

Good Oak Real Estate License #SA644964000

Good Oak Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,525

Year Built

  • Built in 2002

Lot Details

  • 0.46 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 1 Open Parking Space
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Gated

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 5,070 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Security System Owned
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Play Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Storage
  • Built-In Barbecue

Schools

  • Basha Elementary School
  • Bogle Junior High School
  • Hamilton High School

Utilities

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

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 303-90-070

Community Details

Overview

  • Association fees include ground maintenance
  • Premier Association, Phone Number (480) 704-2900
  • Ocotillo Association, Phone Number (480) 704-2900
  • Association Phone (480) 704-2900
  • Built by TW Lewis
  • Embarcadero At Ocotillo Subdivision
  • Community Lake

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,525

Year Built

Built in 2002

Lot Details

0

HOA Fees

$152 per month

Parking

3

Listing Details

  • Cross Street: Alma School & Ocotillo
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Ocotillo
  • HOA #2 Phone Number: 480-704-2900
  • HOA #2 Transfer Fee: 250.0
  • 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: 151.5
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Spa Private: Yes
  • Tax Year: 2013
  • Directions: W on Ocotillo from Alma School Road, S on Ambrosia into gated community
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.46
  • Subdivision Name: EMBARCADERO AT OCOTILLO
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 95.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Tile
  • Basement YN: Yes
  • Spa Features: Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Drink Wtr Filter Sys, Soft Water Loop, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 5070.0
  • Stories: 1
  • Window Features: Dual Pane, Low-E, Tinted Windows
  • ResoLivingAreaSource: Builder
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Lake Subdivision: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, RV Gate, Separate Strge Area, Side Vehicle Entry, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 1.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: 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: Gated Community, Lake Subdivision, Golf
  • Amenities: Management
  • Association #2 Fee: 56.5
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 95.0
  • Association Fee Frequency: Monthly
  • Association: Ocotillo
  • Association Name: Embarcadero
  • Association Phone #2: 480-704-2900
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Embarcadero
  • 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
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Basha Elementary
  • 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: 20178.0
  • Parcel #: 303-90-070
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: TW Lewis

Tax Info

  • Tax Annual Amount: 5524.86
  • Tax Book Number: 303.00
  • Tax Lot: 58
  • Tax Map Number: 90.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2014
Closed on
Sep 24, 2014
Sold by
Stone Richard P and Stone Christine A
Bought by
Brooks Teresa M
Seller's Agent
Susan Bennett
AZ Brokerage Holdings, LLC
Buyer's Agent
Geoff Erber
Good Oak Real Estate
List Price
$985,000
Sold Price
$985,000
Current Estimated Value
$1,743,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,806
Avg. Annual Appreciation
5.70%

Purchase Details

Closed on
Sep 13, 2002
Sold by
T W Lewis Company
Bought by
Stone Richard P and Stone Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Brooks Teresa M $985,000 Empire West Title Agency
Stone Richard P $670,873 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stone Richard P $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $985,000 0.0% $194 / Sq Ft
09/01/2014 09/01/14 For Sale $985,000 0.0% $194 / Sq Ft
08/31/2014 08/31/14 Pending -- -- --
08/30/2014 08/30/14 Off Market $985,000 -- --
08/29/2014 08/29/14 For Sale $985,000 -- $194 / 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 $8,804 $97,800 -- --
2024 $8,826 $93,143 -- --
2023 $8,826 $107,830 $21,560 $86,270
2022 $8,547 $86,030 $17,200 $68,830
2021 $8,785 $80,460 $16,090 $64,370
2020 $8,845 $79,960 $15,990 $63,970
2019 $8,535 $77,820 $15,560 $62,260
2018 $8,292 $73,080 $14,610 $58,470
2017 $7,790 $72,150 $14,430 $57,720
2016 $7,525 $81,830 $16,360 $65,470
2015 $7,215 $75,310 $15,060 $60,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5164294

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-90-070