NOT LISTED FOR SALE

1555 E Ocotillo Rd Unit 21 Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $766,564 - $1,038,000

3 Beds
3.5 Baths
2,432 Sq Ft
$354/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $600,000 $247 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,310/month

41 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Community Pool
  • Madison Richard Simis School Rated A-
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of June 2019

THERE ARE 7 HOMES IN THIS SUBDIVISION WITH PLAN 2. . 16 OCOTILLO IS A PRIVATE GATED ENCLAVE OF 22 LUXURY HOMES LOCATED IN THE HEART OF NORTH CENTRAL PHOENIX. LUXURY ALL AROUND INCLUDING A GOURMET KITCHEN WHICH OPENS TO LARGE FAMILY ROOM. OPTIONS ARE EXTERIOR FIREPLACES,CUSTOM CABINET OPTIONS, CARPET, TILE AND WOOD UPGRADES AVAILABLE AND ALSO APPLIANCE PACKAGE UPGRADES.OPTIONAL 75 GALLON GAS WATER HEATER. WATT COMMUNITIES ARE UNIQUE AND DIFFERENT FROM OTHER BUILDERS BECAUSE OF THEIR CLOSE ATTENTION TO THE DETAILS.

Last Agent to Sell the Property

Bobby Lieb

HomeSmart License #BR007861000 Listed on: 05/03/2019

HomeSmart

Last Buyer's Agent

Frances Alvarez

Barrett Real Estate License #SA532397000

Barrett Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $540

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 3,911 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,432 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 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

Utilities

  • Zoned Heating and Cooling System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 161-08-190

Community Details

Overview

  • Association fees include insurance, ground maintenance, street maintenance, front yard maint
  • 16 Ocotillo HOA, Phone Number (602) 263-7772
  • Built by WATT COMMUNITIES
  • 16Th Street And Ocotillo Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$540

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Cross Street: 16TH STREET/MARYLAND
  • 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 Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2018
  • Tax Year: 2017
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: 16TH STREET AND OCOTILLO
  • Architectural Style: Contemporary
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 246.71
  • Association Fees:HOA Fee2: 295.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2432.0
  • 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
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Loft: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Common Walls: No Common Walls
  • Construction Type: Stucco, Wood Frame
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage 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 Htd, Community Pool
  • Association Fee: 295.0
  • Association Fee Frequency: Monthly
  • Association Name: 16 Ocotillo HOA
  • Phone: 602-263-7772
  • 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 HOA
  • 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: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: 3911.0
  • Parcel #: 161-08-190

Building Info

  • Builder Name: WATT COMMUNITIES

Tax Info

  • Tax Annual Amount: 540.0
  • Tax Book Number: 161.00
  • Tax Lot: 21
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2020
Sold by
Alvarez Ruben E
Bought by
Alvarez Ruben E and Alvarez Shelley L
Current Estimated Value
$852,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,100
Outstanding Balance
$342,566
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$519,575

Purchase Details

Listed on
May 3, 2019
Closed on
Jun 5, 2019
Sold by
Alvarez Shelley Lynn
Bought by
Alvarez Ruben E
Seller's Agent
Bobby Lieb
HomeSmart
Buyer's Agent
Frances Alvarez
Barrett Real Estate
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$480,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2019
Closed on
May 16, 2019
Sold by
Watt New Leaf 16 Ocotillo Llc
Bought by
Alvarez Ruben E
Seller's Agent
Bobby Lieb
HomeSmart
Buyer's Agent
Frances Alvarez
Barrett Real Estate
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alvarez Ruben E -- Security Title Agency Inc
Alvarez Ruben E -- Empire West Title Agency Llc
Alvarez Ruben E -- Empire West Title Agency Llc
Alvarez Ruben E $600,000 Empire West Title Agency Llc
Alverez Ruben E $600,000 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Ruben E $481,100
Closed Alvarez Ruben E $480,000
Closed Alverez Ruben E $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $600,000 0.0% $247 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $600,000 0.0% $247 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $600,000 -- $247 / 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 $6,764 $56,416 -- --
2024 $6,234 $53,729 -- --
2023 $6,234 $61,830 $12,360 $49,470
2022 $6,027 $56,160 $11,230 $44,930
2021 $6,085 $56,230 $11,240 $44,990
2020 $5,969 $58,900 $11,780 $47,120
2019 $5,824 $58,470 $11,690 $46,780
2017 $544 $5,525 $5,525 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bobby Lieb

    HomeSmart

    Section Image
  • Frances Alvarez

    Buyer's Agent in 2019

    Frances Alvarez

    Barrett Real Estate

    (602) 538-1566

    24 Total Sales

    Frances Alvarez
    Section Image

  • F

    Buyer's Agent in 2019

    Francisca Alvarez

    DeLex Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5920820

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-08-190

Arizona Maricopa County Phoenix 85014 Camelback East Village

1555 E Ocotillo Rd Unit 21, Phoenix, AZ

Not Listed for Sale

Detached

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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