$880,000
SOLD FEB 24, 2023
4 Beds
2.5 Baths
2,511 Sq Ft
2,876 Sq Ft Lot

Recently Sold

$350 Per Sq Ft

128 Days on Market

Highlights

  • Gated Community
  • Property is near public transit
  • Outdoor Fireplace
  • Madison Richard Simis School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of November 2023

Move-in ready, stunning 4 bedroom, 2.5 bath, home in the gated community of 16 Ocotillo! Home is situated in a private enclave of 22 luxury single family detached homes, built in 2020. Owner upgraded EVERY aspect of this home: beautiful hard wood floors in all living spaces, custom tile in bathrooms and Laundry Room, leathered granite kitchen counters and oversized island, black stainless steel appliances, large Master walk-in closet finished with custom cabinetry.
This open concept, indoor/outdoor living home will not disappoint and is great for entertaining! Enjoy the custom Open-Corner sliding doors that open up to your private patio, complete with a built in BBQ and fireplace. Perfect place to enjoy a glass of wine with friends!

Last Agent to Sell the Property

Niccole Owens

Russ Lyon Sotheby's International Realty License #SA660148000 Listed on: 10/07/2022

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Heather Scriven

Jason Mitchell Real Estate License #SA675363000

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,749

Year Built

  • Built in 2020

Lot Details

  • 2,876 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,511 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Security System Owned

Kitchen

  • Eat-In 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

  • Patio
  • Outdoor Fireplace

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

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
  • 16 Ocotillo Association, Phone Number (602) 246-6674
  • Built by Watt Communities
  • 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

$295 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: 295.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2020
  • Tax Year: 2022
  • Directions: Go South on 16th Street from Glendale and community is on the SW corner of 16th Street and Ocotillo
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.07
  • Subdivision Name: 16TH STREET & OCOTILLO
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 295.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 2511.0
  • Stories: 1
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Kitchen Features:RangeOven Gas: 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
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Near Light Rail Stop, Near Bus Stop
  • Amenities: Management
  • Association Fee: 295.0
  • Association Fee Frequency: Monthly
  • Association Name: 16 Ocotillo
  • Phone: 602-246-6674
  • 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: Monthly
  • Association Fees:HOA Name4: 16 Ocotillo
  • Association Fees:HOA Telephone4: 602.246.6674
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Watt Communities

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
$874,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,271
Avg. Annual Appreciation
1.18%
Original Mortgage
$225,000
Outstanding Balance
$222,269
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$674,225

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:

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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 Type Sale Price Title Company
Warranty Deed $878,000 United Title
Warranty Deed $880,000 Empower Settlement Services, L
Warranty Deed $653,278 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 New Conventional
Previous Owner $680,000 New Conventional
Previous Owner $522,500 Commercial
Previous Owner $522,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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 $4,431 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6474379

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-08-177