NOT LISTED FOR SALE

1541 W Blue Ridge Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $895,767 - $955,000

4 Beds
3 Baths
2,524 Sq Ft
$367/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $488,000 $193 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,546/month

3 Days on Market

Highlights

  • Private Pool
  • Waterfront
  • Community Lake
  • Chandler Traditional Academy Independence Campus Rated A
  • 0.27 Acre Lot
  • Vaulted Ceiling

About This Home

As of August 2016

Breathtaking lake view as you walk in to this newly update single story home with brand new high quality tile flooring, granite countertops, SS appliance and freshly painted interior and exterior. This delightful home offers 4 bedrooms, 3 full baths, high ceilings and large picture windows. N/S exposure on large waterfront lot with extended covered patio is just the perfect spot to enjoy your time and the beautiful views of the lake. Close to shopping, grocery stores, top rated schools, restaurants & easy access to the freeways! Don’t miss the opportunity to own this wonderful home.

Last Agent to Sell the Property

Azita Sajjadi

Coldwell Banker Realty License #SA645784000 Listed on: 07/27/2016

Last Buyer's Agent

Barbara Illing

HomeSmart License #SA649873000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,874

Year Built

  • Built in 1998

Lot Details

  • 0.27 Acre Lot
  • Waterfront
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,524 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Private Pool
  • Covered patio or porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 303-48-171

Community Details

Overview

  • Association fees include ground maintenance
  • Ocotillo Lakes Association, Phone Number (480) 829-7400
  • Premier Association, Phone Number (480) 407-2900
  • Association Phone (480) 407-2900
  • Built by Pulte Homes
  • Ocotillo Lakes Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,874

Year Built

Built in 1998

Lot Details

0

HOA Fees

$105 per month

Parking

3

Listing Details

  • Cross Street: Ocotillo & Alma School
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Premier
  • HOA #2 Phone Number: 480-407-2900
  • HOA #2 Transfer Fee: 185.0
  • 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: 104.5
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Tax Year: 2015
  • Directions: South on Alma School, West on Lake Dr., South on Wildflower Dr., East on Mead, South on Meadows Pl., West on Blue Ridge. Property is on the left side.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.27
  • Subdivision Name: OCOTILLO LAKES
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Association Fees:HOA Fee2: 48.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2524.0
  • Stories: 1
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Owner
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: 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)
  • Lot Features: Waterfront Lot, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front
  • Pool Features: Private
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: Management
  • Association #2 Fee: 56.5
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 48.0
  • Association Fee Frequency: Monthly
  • Association: Premier
  • Association Name: Ocotillo Lakes
  • Association Phone #2: 480-407-2900
  • Phone: 480-829-7400
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 160.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Ocotillo Lakes
  • Association Fees:HOA Telephone4: 480-829-7400
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Ocotillo Lakes
  • 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: 11587.0
  • Parcel #: 303-48-171
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Pulte Homes

Tax Info

  • Tax Annual Amount: 2874.0
  • Tax Book Number: 303.00
  • Tax Lot: 34
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2016
Closed on
Aug 18, 2016
Sold by
Kim Young and Kim Jinny Eunsoon
Bought by
Larson James E and Larson Ann C
Seller's Agent
Azita Sajjadi
Coldwell Banker Realty
Buyer's Agent
Barbara Illing
HomeSmart
List Price
$488,000
Sold Price
$488,000
Current Estimated Value
$932,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,282
Avg. Annual Appreciation
7.67%

Purchase Details

Closed on
Dec 28, 2004
Sold by
Kim Hyun Ok
Bought by
Kim Young Il and Kim Eun Soon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,400
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2002
Sold by
Kim Soo Jin
Bought by
Kim Hyun Ok

Purchase Details

Closed on
May 22, 2002
Sold by
Tibke Dennis and Tibke Claudia
Bought by
Kim Hyun Ok

Purchase Details

Closed on
Aug 25, 1998
Sold by
Pulte Home Corp
Bought by
Tibke Dennis and Tibke Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,950
Interest Rate
6.91%
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
Larson James E $488,000 Equity Title Agency
Kim Young Il $433,000 Transnation Title
Kim Hyun Ok -- Transnation Title Insurance
Kim Hyun Ok $321,000 Transnation Title Insurance
Tibke Dennis $259,584 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Young Il $346,400
Previous Owner Tibke Dennis $139,950
Closed Kim Young Il $64,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $488,000 0.0% $193 / Sq Ft
07/27/2016 07/27/16 For Sale $488,000 0.0% $193 / Sq Ft
09/14/2013 09/14/13 Rented $1,999 -9.1% --
08/27/2013 08/27/13 Under Contract -- -- --
04/22/2013 04/22/13 For Rent $2,200 -- --
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 $3,503 $46,829 -- --
2024 $4,226 $44,599 -- --
2023 $4,226 $63,560 $12,710 $50,850
2022 $4,093 $47,220 $9,440 $37,780
2021 $4,207 $43,580 $8,710 $34,870
2020 $4,183 $41,660 $8,330 $33,330
2019 $4,037 $37,560 $7,510 $30,050
2018 $3,922 $36,320 $7,260 $29,060
2017 $3,684 $34,360 $6,870 $27,490
2016 $2,951 $36,410 $7,280 $29,130
2015 $2,874 $33,920 $6,780 $27,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5476138

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-171