NOT LISTED FOR SALE

1551 W Blue Ridge Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $993,928 - $1,064,000

4 Beds
3 Baths
2,907 Sq Ft
$353/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $484,000 $166 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $6,210/month

366 Days on Market

Highlights

  • Play Pool
  • Waterfront
  • Community Lake
  • Chandler Traditional Academy Independence Campus Rated A
  • 0.25 Acre Lot
  • Wood Flooring

About This Home

As of February 2015

Beautiful lakefront home in Ocotillo Lakes with custom finishes!! Easily the best lot in the community! Custom wood floors through the home. Stone fireplace with custom wood mantle in the family room provides a comfortable afternoon! Kitchen has granite countertops and stone-faced kitchen island. Master bedroom has a separate entrance to backyard resort. Master bath has custom tumbled stone countertops, custom vanity mirrors, and stone custom shower! Custom paint throughout the home with chandelier at entry way! Pool bathroom has clay walls and sotillo tile! The backyard is paradise…pool, spa and dock to enjoy! Brand new cool-deck around the pool and pool pump was just replaced! The home is getting a fresh coat of exterior paint!! Too many finishes to list!! HOME APPRAISED AT $575,00!

Last Listed By

Zachary Pebler

Realty ONE Group License #SA548325000 Listed on: 01/07/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,925

Year Built

  • Built in 1998

Lot Details

  • 0.25 Acre Lot
  • Waterfront
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $93 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,907 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Pool

  • Play Pool
  • Spa

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 303-48-172

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,925

Year Built

Built in 1998

Lot Details

0

HOA Fees

$93 per month

Parking

3

Listing Details

  • Cross Street: Alma School & Ocotillo
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 93.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2013
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Spa Private: Yes
  • Tax Year: 2013
  • Directions: South on Alma School, west on lake Dr, South on Chaparral Way, East on Crescent, South on Oleander and Oleander loops into Blue Ridge Way, home on south side.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.25
  • Subdivision Name: Ocotillo Lakes
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 93.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Drink Wtr Filter Sys, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 2907.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • 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: Seller Discl Avail
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, Extnded Lngth Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: 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
  • Amenities: Management
  • Association Fee: 93.0
  • Association Fee Frequency: Monthly
  • Association Name: PMG Services
  • Phone: 480-829-7400
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 510.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: PMG Services
  • 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:Cap ImprovementImpact Fee 2 _percent_: $

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: 10803.0
  • Parcel #: 303-48-172
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Pulte Homes

Tax Info

  • Tax Annual Amount: 2925.0
  • Tax Book Number: 303.00
  • Tax Lot: 35
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2014
Closed on
Jan 29, 2015
Sold by
Ward Scott F and Ward Dana M
Bought by
Rey Claudio G and Rey Marlynn R
Seller's Agent
Zachary Pebler
Realty ONE Group
Buyer's Agent
Tina Sloat
Tina Marie Realty
List Price
$484,000
Sold Price
$484,000
Total Days on Market
366
Current Estimated Value
$1,027,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,232
Avg. Annual Appreciation
7.27%
Original Mortgage
$387,200
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 1998
Sold by
Pulte Home Corp
Bought by
Ward Scott F and Ward Dana M

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
Rey Claudio G $484,000 Old Republic Title Agency
Ward Scott F $261,605 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rey Marlynn R $311,000
Closed Rey Claudio G $387,200
Previous Owner Ward Real Estate Development Llc $140,000
Previous Owner Ward Scott F $350,000
Previous Owner Ward Scott F $285,000
Previous Owner Ward Scott $250,000
Previous Owner Ward Scott F $115,000
Previous Owner Ward Scott F $500,000
Previous Owner Ward Scott F $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2015 02/06/15 Sold $484,000 0.0% $166 / Sq Ft
01/08/2015 01/08/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $484,000 0.0% $166 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
10/07/2014 10/07/14 Price Changed $484,000 -2.0% $166 / Sq Ft
09/15/2014 09/15/14 Price Changed $494,000 +900.0% $170 / Sq Ft
09/15/2014 09/15/14 Price Changed $49,400 -90.4% $17 / Sq Ft
09/08/2014 09/08/14 Price Changed $514,900 +3.0% $177 / Sq Ft
08/13/2014 08/13/14 Price Changed $499,900 -2.0% $172 / Sq Ft
08/04/2014 08/04/14 Price Changed $510,000 -1.0% $175 / Sq Ft
07/24/2014 07/24/14 Price Changed $515,000 -1.9% $177 / Sq Ft
07/02/2014 07/02/14 Price Changed $525,000 -1.9% $181 / Sq Ft
06/05/2014 06/05/14 Price Changed $535,000 0.0% $184 / Sq Ft
06/03/2014 06/03/14 Price Changed $534,900 -0.9% $184 / Sq Ft
05/13/2014 05/13/14 Price Changed $539,999 -0.9% $186 / Sq Ft
05/12/2014 05/12/14 Price Changed $544,999 -0.9% $187 / Sq Ft
05/01/2014 05/01/14 Price Changed $549,999 -4.3% $189 / Sq Ft
04/24/2014 04/24/14 Price Changed $574,999 0.0% $198 / Sq Ft
04/04/2014 04/04/14 For Sale $575,000 0.0% $198 / Sq Ft
04/04/2014 04/04/14 Price Changed $575,000 +18.8% $198 / Sq Ft
03/25/2014 03/25/14 Off Market $484,000 -- --
01/07/2014 01/07/14 For Sale $595,000 -- $205 / 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 $4,400 $54,337 -- --
2024 $4,304 $51,750 -- --
2023 $4,304 $68,980 $13,790 $55,190
2022 $4,149 $51,760 $10,350 $41,410
2021 $4,281 $47,630 $9,520 $38,110
2020 $4,254 $46,100 $9,220 $36,880
2019 $4,084 $41,750 $8,350 $33,400
2018 $3,950 $40,750 $8,150 $32,600
2017 $3,675 $38,900 $7,780 $31,120
2016 $3,512 $41,820 $8,360 $33,460
2015 $3,359 $39,020 $7,800 $31,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5050199

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-172