NOT LISTED FOR SALE

Estimated Value: $756,000 - $1,028,000

4 Beds
3.5 Baths
2,875 Sq Ft
$323/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $618,300 $215 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,695/month

143 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Corner Lot
  • Madison Richard Simis School Rated A-
  • Main Floor Primary Bedroom
  • Private Yard

About This Home

As of March 2020

Move-in ready home in a newly constructed gated community in the heart of Phoenix minutes from downtown, great numerous restaurants and great shopping. Beautiful open floor plan with Master bedroom downstairs and 3 additional bedrooms on the 2nd floor. HUGE great room with soaring ceilings plus a loft overlooking living area.

Last Agent to Sell the Property

Xavier Wolf

Trust Realty Advisors, Inc License #SA583629000 Listed on: 09/27/2019

Last Buyer's Agent

Michael McCartney

R.O.I. Properties License #SA655569000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,404

Year Built

  • Built in 2018

Lot Details

  • 4,711 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Private Yard

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,875 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Madison #1 Middle Elementary School
  • Madison Meadows Middle School
  • North High School

Additional Features

  • Covered Patio or Porch
  • Zoned Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 161-08-171

Community Details

Overview

  • Association fees include insurance, ground maintenance, street maintenance, front yard maint
  • The Morrison Group Association, Phone Number (602) 246-6674
  • Built by Watt Communitites
  • 16 Ocotillo Subdivision, Plan 3

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,404

Year Built

Built in 2018

Lot Details

4,711 Sq Ft Lot

HOA Fees

$295 per month

Parking

2

Listing Details

  • Cross Street: 16th Street and Ocotillo Rd
  • Legal Info Range: 3E
  • 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: 295.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2018
  • Tax Year: 2019
  • Master Model: Plan 3
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: 16 OCOTILLO
  • Architectural Style: Contemporary
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 215.06
  • Association Fees:HOA Fee2: 295.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Master Downstairs, Breakfast Bar, Kitchen Island, Separate Shwr & Tub
  • Living Area: 2875.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Loft: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Corner Lot, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Common Walls: No Common Walls
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Property Condition: Complete Spec Home
  • Roof: Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Unassigned, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Pool
  • Association Fee: 295.0
  • Association Fee Frequency: Monthly
  • Association Name: 16 Ocotillo
  • Phone: 602-246-6674
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 16 Ocotillo
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 885.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: The Morrison Group
  • Association Fees:HOA Management Phone: 602-246-6674
  • Association Fees:Cap ImprovementImpact Fee 2: 885.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Street Maint, Front Yard Maint

Schools

  • Elementary School: Madison #1 Middle School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4711.0
  • Parcel #: 161-08-171

Building Info

  • Builder Name: Watt Communitites

Tax Info

  • Tax Annual Amount: 7403.62
  • Tax Book Number: 161.00
  • Tax Lot: 2
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Mar 5, 2020
Sold by
Watt New Leaf 16 Ocotillo Llc
Bought by
Mccartney Michael and Mccartney Ann
Seller's Agent
Xavier Wolf
Trust Realty Advisors, Inc
Buyer's Agent
Michael McCartney
R.O.I. Properties
List Price
$659,104
Sold Price
$618,300
Premium/Discount to List
-$40,804
-6.19%
Current Estimated Value
$927,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,638
Avg. Annual Appreciation
7.02%
Original Mortgage
$492,000
Outstanding Balance
$431,017
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$496,921
Source: Public Records
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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
Mccartney Michael $615,000 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccartney Michael $492,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2020 03/13/20 Sold $618,300 -2.5% $215 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
10/31/2019 10/31/19 Price Changed $634,029 -3.8% $221 / Sq Ft
09/27/2019 09/27/19 For Sale $659,104 -- $229 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $7,483 $65,013 -- --
2024 $7,277 $61,917 -- --
2023 $7,277 $69,710 $13,940 $55,770
2022 $7,038 $64,050 $12,810 $51,240
2021 $7,104 $64,350 $12,870 $51,480
2020 $6,970 $68,320 $13,660 $54,660
2019 $7,404 $67,380 $13,470 $53,910
2017 $656 $6,655 $6,655 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5984474

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-08-171

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