$653,000
SOLD NOV 30, 2020

1555 E Ocotillo Rd Unit 8 Phoenix, AZ 85014

Camelback East Village Neighborhood
4 Beds
2.5 Baths
2,515 Sq Ft
3,450 Sq Ft Lot

Recently Sold

$260 Per Sq Ft

18% Above List Price

9 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Community Pool
  • Madison Richard Simis School Rated A-
  • Private Yard
  • Covered Patio or Porch

About This Home

As of November 2023

16 Ocotillo is a private enclave of 22 luxury single family detached homes. Situated in the heart of Phoenix, minutes from downtown, Scottsdale and the Biltmore area. This home is to be built with an estimated completion date mid 2020 but there are other homes available for immediate occupancy within this beautiful gated community.

Last Agent to Sell the Property

Xavier Wolf

Trust Realty Advisors, Inc License #SA583629000 Listed on: 02/22/2020

Last Buyer's Agent

Niccole Owens

Russ Lyon Sotheby's International Realty License #SA660148000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,069

Year Built

  • Built in 2020

Lot Details

  • 3,450 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $295 Monthly HOA Fees

Parking

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

Home Design

  • Home to be built
  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,515 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System

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
  • 16 Ocotillo Subdivision, Plan 1

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,069

Year Built

Built in 2020

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Cross Street: 16th Street and Ocotillo
  • 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 Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2020
  • Tax Year: 2019
  • Directions: Go South on 16th Street from Glendale and community is on the SW corner of 16th Street and Ocotillo
  • Master Model: Plan 1
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.08
  • Subdivision Name: 16 Ocotillo
  • Architectural Style: Contemporary
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 295.0
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Upstairs, Kitchen Island, Separate Shwr & Tub
  • Living Area: 2515.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Private Yard
  • Lot Features: Desert Front
  • Pool Features: None
  • Disclosures: None
  • Common Walls: No Common Walls
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: To Be Built
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Construction Status:To Be Built: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Unassigned
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0

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
  • 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
  • Association Fees:HOA Telephone4: 602 246 6674
  • 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 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: 3450.0
  • Parcel #: 161-08-177

Building Info

  • Builder Name: Watt Communities

Tax Info

  • Tax Annual Amount: 1069.0
  • 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

  • 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

    32 in this area

    49 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

    78 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

    65 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

    83 Total Sales

    Heather Scriven
    Section Image

  • X

    Seller's Agent in 2020

    Xavier Wolf

    Trust Realty Advisors, Inc

    (602) 317-7797

    7 in this area

    15 Total Sales

    Xavier Wolf
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6040883

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

This home is located at 1555 E Ocotillo Rd Unit 8, Phoenix, AZ 85014 and is currently priced at $653,000, approximately $259 per square foot. This property was built in 2020. 1555 E Ocotillo Rd Unit 8 is a home located in Maricopa County with nearby schools including Madison Richard Simis School, Madison Meadows School, and Phoenix Coding Academy.

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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