NOT LISTED FOR SALE

1555 E Ocotillo Rd Unit 22 Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $752,971 - $951,000

4 Beds
2.5 Baths
2,515 Sq Ft
$333/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $560,000 $223 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,917/month

288 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Granite Countertops
  • Madison Richard Simis School Rated A-
  • Outdoor Fireplace
  • Heated Community Pool

About This Home

As of April 2019

16 Ocotillo is a private, gated enclave of 22 luxury, single-family detached homes. Situated in the heart of Phoenix within a gated community. Minutes from Downtown, Scottsdale or Biltmore area!

Last Agent to Sell the Property

Xavier Wolf

Trust Realty Advisors, Inc License #SA583629000 Listed on: 05/10/2018

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $452

Year Built

  • Built in 2018

Lot Details

  • 3,250 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Unassigned Parking

Home Design

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

Interior Spaces

  • 2,515 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Fireplace

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Softener

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 161-08-191

Community Details

Overview

  • Property has a Home Owners Association
  • Morrison Group Association, Phone Number (602) 246-6674
  • Built by Watt
  • 16Th Street And Ocotillo Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$452

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 16th Street and Ocotillo
  • 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: 1.0
  • 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 - Detached
  • Lot Size Acres: 0.07
  • Subdivision Name: 16TH STREET AND OCOTILLO
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • General Property Description:PriceSqFt: 222.66
  • Association Fees:HOA Fee2: 295.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, None
  • Total Bedrooms: 4
  • Fireplace Features: Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 2515.0
  • Stories: 2
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Community Features:Community Pool: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Gas Stub for Range: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Unassigned
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Unassigned Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: None, Management
  • Association Fee Frequency: Monthly
  • Association Name: 16 Ocotillo HOA
  • 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 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:HOA Management Company: 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: 3250.0
  • Parcel #: 161-08-191
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Watt

Tax Info

  • Tax Annual Amount: 452.0
  • Tax Book Number: 161.00
  • Tax Lot: 22
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2020
Sold by
Snyder Richard
Bought by
Scheier Jason
Current Estimated Value
$837,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$443,913
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$393,330

Purchase Details

Closed on
Feb 12, 2019
Sold by
Watt New Leaf 16 Ocotillo Llc
Bought by
Snyder Richard
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
Scheier Jason $625,000 First American Title Ins Co
Snyder Richard $560,000 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheier Jason $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $560,000 -10.8% $223 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
10/01/2018 10/01/18 Price Changed $627,978 -3.6% $250 / Sq Ft
08/13/2018 08/13/18 Price Changed $651,400 +2.8% $259 / Sq Ft
04/26/2018 04/26/18 For Sale $633,453 -- $252 / 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 $6,512 $54,486 -- --
2024 $5,999 $51,892 -- --
2023 $5,999 $58,430 $11,680 $46,750
2022 $5,800 $52,920 $10,580 $42,340
2021 $5,855 $52,960 $10,590 $42,370
2020 $5,745 $55,930 $11,180 $44,750
2019 $5,605 $56,470 $11,290 $45,180
2017 $452 $4,591 $4,591 $0
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2019

    Xavier Wolf

    Trust Realty Advisors, Inc

    (602) 317-7797

    4 in this area

    12 Total Sales

    Xavier Wolf
    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5763682

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-08-191

Arizona Maricopa County Phoenix 85014 Camelback East Village

1555 E Ocotillo Rd Unit 22, 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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