NOT LISTED FOR SALE

1555 E Ocotillo Rd Unit 8 Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $818,000 - $891,000

4 Beds
2.5 Baths
2,511 Sq Ft
$342/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $878,000 $350 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,227/month

115 Days on Market

Highlights

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

About This Home

As of November 2023

Welcome to the gated community of 16 Ocotillo! This pristine uptown community in the North Phoenix area is near shopping, restaurants, Biltmore and Arcadia. Nestled within a private enclave of 22 luxury single-family detached homes, this home is a dream come true! Offering 4-bedrooms, 2.5-bathrooms, built in 2020 with numerous builder upgrades, turn the key and move in! No expense has been spared in enhancing every aspect of this home. Step inside to discover beautiful hardwood floors that grace all the living spaces, exuding elegance and charm. The kitchen is a chef's delight, featuring granite countertops, an oversized island, and sleek black stainless steel appliances. The primary bedroom includes a generously sized walk-in closet, meticulously finished with custom cabinetry. Designed with an open concept, this home seamlessly blends indoor and outdoor living, check out the Open-Corner sliding doors that effortlessly connect the interior to the private patio area with a built-in BBQ and a cozy fireplace. Make this home your private retreat in the heart of Phoenix!

Last Agent to Sell the Property

Molly Gorman

Keller Williams Realty East Valley License #SA685044000 Listed on: 06/28/2023

Co-Listed By

Bradley Cox

Keller Williams Realty East Valley License #SA665071000

Last Buyer's Agent

Scott Vacek

Keller Williams Realty East Valley License #SA692037000

Keller Williams Realty East Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,749

Year Built

  • Built in 2020

Lot Details

  • 2,876 Sq Ft Lot
  • Desert faces the front of the property
  • Private Streets
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $354 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Electric Vehicle Home Charger
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Stucco

Interior Spaces

  • 2,511 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Mechanical Sun Shade
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No or Low VOC Paint or Finish
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 161-08-177

Community Details

Overview

  • Association fees include insurance, ground maintenance, street maintenance, front yard maint
  • Aam, Llc Association, Phone Number (602) 957-9191
  • Built by Watt Communities Arizona
  • 16Th Street & Ocotillo Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,749

Year Built

Built in 2020

Lot Details

0

HOA Fees

$354 per month

Parking

2

Listing Details

  • Cross Street: 16th Street and Ocotillo
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 354.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2020
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: kwevt01
  • Co List Office Phone: 480-839-6600
  • Subdivision Name: 16TH STREET & OCOTILLO
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 349.66
  • Association Fees:HOA Fee2: 1062.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Purifier
  • Total Bedrooms: 4
  • Fireplace Features: Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2511.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, Mechanical Sun Shds
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Front, Desert Front, Gravel/Stone Front, Auto Timer H2O Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Low VOC Paint, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0
  • Parking Features:Electric Vehicle Charging Station(s): Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • 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 Htd, Near Bus Stop
  • Association Fee: 1062.0
  • Association Fee Frequency: Quarterly
  • Association Name: 16 Ocotillo
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: 16 Ocotillo
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2124.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 1062.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM, LLC
  • Association Fees:HOA Management Phone: 602.957.9191
  • 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 Elementary 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: 2876.0
  • Parcel #: 161-08-177

Building Info

  • Builder Name: Watt Communities Arizona

Tax Info

  • Tax Annual Amount: 4749.0
  • Tax Book Number: 161.00
  • Tax Lot: 8
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Nov 30, 2023
Sold by
Deborah House Living Trust
Bought by
Benoit Timothy Michael and Benoit Erin Shields
Seller's Agent
Molly Gorman
Keller Williams Realty East Valley
Buyer's Agent
Scott Vacek
Keller Williams Realty East Valley
List Price
$895,000
Sold Price
$878,000
Premium/Discount to List
-$17,000
-1.9%
Views
154
Current Estimated Value
$858,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,839
Avg. Annual Appreciation
-1.09%
Original Mortgage
$225,000
Outstanding Balance
$220,796
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$637,365

Purchase Details

Listed on
Oct 7, 2022
Closed on
Feb 24, 2023
Sold by
Walker Richard
Bought by
Deborah House Living Trust
Seller's Agent
Niccole Owens
Russ Lyon Sotheby's International Realty
Buyer's Agent
Heather Scriven
Jason Mitchell Real Estate
List Price
$880,000
Sold Price
$880,000
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.30%
Original Mortgage
$680,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2020
Sold by
Watt New Leaf 16 Ocotillo Llc
Bought by
Pardy Gordon Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
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
Benoit Timothy Michael $878,000 United Title
Deborah House Living Trust $880,000 Empower Settlement Services, L
Pardy Gordon Patrick $653,278 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benoit Timothy Michael $225,000
Previous Owner Deborah House Living Trust $680,000
Previous Owner Pardy Gordon Patrick $522,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2023 11/30/23 Sold $878,000 +0.3% $350 / Sq Ft
10/22/2023 10/22/23 Pending -- -- --
10/19/2023 10/19/23 Price Changed $875,000 -2.2% $348 / Sq Ft
09/20/2023 09/20/23 Price Changed $895,000 0.0% $356 / Sq Ft
09/20/2023 09/20/23 For Sale $895,000 +1.9% $356 / Sq Ft
07/30/2023 07/30/23 Off Market $878,000 -- --
06/28/2023 06/28/23 For Sale $875,000 -0.6% $348 / Sq Ft
02/24/2023 02/24/23 Sold $880,000 0.0% $350 / Sq Ft View Prior Sale
10/07/2022 10/07/22 For Sale $880,000 +34.8% $350 / Sq Ft
11/30/2020 11/30/20 Sold $653,000 +18.1% $260 / Sq Ft View Prior Sale
03/02/2020 03/02/20 Pending -- -- --
02/22/2020 02/22/20 For Sale $553,000 -- $220 / 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 $4,677 $40,417 -- --
2024 $4,297 $33,252 -- --
2023 $4,297 $57,580 $11,510 $46,070
2022 $4,749 $52,110 $10,420 $41,690
2021 $3,830 $39,080 $7,810 $31,270
2020 $936 $12,645 $12,645 $0
2019 $915 $11,730 $11,730 $0
2017 $400 $4,063 $4,063 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Molly Gorman

    Keller Williams Realty East Valley

  • N

    Seller's Agent in 2023

    Niccole Owens

    Russ Lyon Sotheby's International Realty

    (602) 321-2875

    26 in this area

    39 Total Sales

    Niccole Owens
    Section Image
  • Bradley Cox

    Seller Co-Listing Agent in 2023

    Bradley Cox

    Keller Williams Realty East Valley

    (602) 697-8620

    6 in this area

    80 Total Sales

    Bradley Cox
    Section Image
  • Scott Vacek

    Buyer's Agent in 2023

    Scott Vacek

    Keller Williams Realty East Valley

    (480) 779-7355

    4 in this area

    69 Total Sales

    Scott Vacek
    Section Image
  • Heather Scriven

    Buyer's Agent in 2023

    Heather Scriven

    Jason Mitchell Real Estate

    (602) 909-9647

    2 in this area

    87 Total Sales

    Heather Scriven
    Section Image

  • X

    Seller's Agent in 2020

    Xavier Wolf

    Trust Realty Advisors, Inc

    (602) 317-7797

    4 in this area

    12 Total Sales

    Xavier Wolf
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6573933

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-08-177

Arizona Maricopa County Phoenix 85014 Camelback East Village

1555 E Ocotillo Rd Unit 8, Phoenix, AZ

Not Listed for Sale

Detached

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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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