NOT LISTED FOR SALE

Estimated Value: $770,037 - $989,000

4 Beds
2.5 Baths
2,515 Sq Ft
$338/Sq Ft Est. Value

Last Sold April 26, 2019

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

Est. 47% increase in value since last sale

Current estimated payment $4,837/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
$821,214

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
$407,346

Purchase Details

Closed on
Feb 12, 2019
Sold by
Watt New Leaf 16 Ocotillo Llc
Bought by
Snyder Richard
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5763682

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-08-191