NOT LISTED FOR SALE

1555 E Ocotillo Rd Unit 2 Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $710,000 - $1,055,000

4 Beds
3.5 Baths
2,875 Sq Ft
$326/Sq Ft Est. Value

Last Sold March 13, 2020

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

Est. 51% increase in value since last sale

Current estimated payment $5,848/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: 09/28/2019

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

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

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating

Listing and Financial Details

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

Community Details

Overview

  • Property has a Home Owners Association
  • The Morrison Group Association, Phone Number (602) 246-6674
  • Built by Watt Communitites
  • 16 Ocotillo Subdivision, Plan 3

Recreation

  • Heated 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

0

Parking

2

Listing Details

  • Cross Street: 16th Street and Ocotillo Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • 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
  • Directions: From Glendale go South on 16th street one block to Ocotillo. Homes are on the SW corner of 16th and Ocotillo
  • Master Model: Plan 3
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.11
  • Subdivision Name: 16 OCOTILLO
  • Architectural Style: Contemporary
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 295.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, None
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Walk-In Closet(s), Breakfast Bar, Kitchen Island, Double Vanity, Separate Shwr & Tub
  • Living Area: 2875.0
  • Stories: 2
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Loft: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Private Yard
  • Lot Features: Corner Lot, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Common Walls: No Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • 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: Electric Door Opener, Unassigned
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Unassigned Parking: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Management
  • 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:HOA Telephone4: 602-246-6674
  • 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

Schools

  • Elementary School: Madison #1 Middle School
  • High School: North High School
  • Middle Or Junior School: Madison Meadows School

Lot Info

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

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 28, 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%
Total Days on Market
143
Current Estimated Value
$936,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,989
Avg. Annual Appreciation
8.26%
Original Mortgage
$492,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

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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
Mccartney Michael $615,000 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccartney Michael L $1,380,000
Closed Mccartney Michael L $1,380,000
Closed Mccartney Michael $492,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $7,107 $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

  • X

    Seller's Agent in 2020

    Xavier Wolf

    Trust Realty Advisors, Inc

    (602) 317-7797

    9 in this area

    16 Total Sales

    Xavier Wolf
    Section Image
  • Michael McCartney

    Buyer's Agent in 2020

    Michael McCartney

    R.O.I. Properties

    (602) 432-3383

    1 in this area

    2 Total Sales

    Michael McCartney
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5984474

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-08-171

Arizona Maricopa County Phoenix 85014 Camelback East Village

1555 E Ocotillo Rd Unit 2, Phoenix, AZ

This home is located at 1555 E Ocotillo Rd Unit 2, Phoenix, AZ 85014 since 28 September 2019 and is currently estimated at $936,289, approximately $325 per square foot. This property was built in 2018. 1555 E Ocotillo Rd Unit 2 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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