$635,000
SOLD OCT 6, 2020
4 Beds
3.5 Baths
2,432 Sq Ft
3,855 Sq Ft Lot

Recently Sold

$261 Per Sq Ft

24 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Madison Richard Simis School Rated A-
  • Wood Flooring
  • Private Yard

About This Home

As of October 2020

Just completed amazing 4 bedroom, 3 1/2 bathroom home with detached casita! Beautiful wood flooring throughout with up-graded espresso cabinets, gorgeous quartz counter-tops and stainless steel appliances. The fully finished casita is perfect for guests, a home office or art studio. Enjoy this ''lock and leave'' home as the HOA takes care of the pool, hot tub and landscaping in all common areas. 16 Ocotillo is a quaint 22-home gated community that is close to all Central Phoenix has to offer.

Last Agent to Sell the Property

Xavier Wolf

Trust Realty Advisors, Inc License #SA583629000 Listed on: 06/02/2020

Last Buyer's Agent

Lynn Watson

Arizona Network Realty License #BR557414000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,177

Year Built

  • Built in 2020

Lot Details

  • 3,855 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Unassigned Parking

Home Design

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

Interior Spaces

  • 2,432 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 161-08-178

Community Details

Overview

  • Association fees include insurance, ground maintenance, street maintenance, front yard maint
  • The Morrison Group Association, Phone Number (602) 246-6674
  • Built by Watt Companies
  • 16Th Street & Ocotillo Subdivision, Plan 2

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,177

Year Built

Built in 2020

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Cross Street: 16th Street and Ocotillo Rd
  • Legal Info Range: 3E
  • 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
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2020
  • Tax Year: 2019
  • Directions: From Glendale go South on 16th Street. Community is on the SW corner of 16th Street and Ocotillo
  • Master Model: Plan 2
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: 16TH STREET & OCOTILLO
  • Architectural Style: Contemporary
  • New Construction: No
  • Efficiency: Multi-Zones, Sunscreen(s)
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 295.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2432.0
  • Stories: 2
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Loft: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Private Yard
  • Lot Features: Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Common Walls: No Common Walls
  • Construction Type: Painted, Stucco, Siding, Frame - Wood
  • Property Condition: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa, Community Pool
  • Amenities: Management
  • Association Fee: 295.0
  • 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: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:HOA Management Company: The Morrison Group
  • 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 #1 Middle 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: 3855.0
  • Parcel #: 161-08-178
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Watt Companies

Tax Info

  • Tax Annual Amount: 1177.0
  • Tax Book Number: 161.00
  • Tax Lot: 9
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Sep 23, 2020
Sold by
Watt New Leaf 16 Ocotillo Llc
Bought by
Nevarez Joshua K and Nevarez Catrina N
Seller's Agent
Xavier Wolf
Trust Realty Advisors, Inc
Buyer's Agent
Lynn Watson
Arizona Network Realty
List Price
$635,000
Sold Price
$635,000
Total Days on Market
24
Current Estimated Value
$934,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,593
Avg. Annual Appreciation
8.65%
Original Mortgage
$508,000
Outstanding Balance
$449,672
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$484,921
Source: Public Records

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Range of Values:

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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
Special Warranty Deed $635,000 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $508,000 New Conventional
Closed $508,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Under Contract -- -- --
07/10/2023 07/10/23 Rented $3,975 0.0% --
06/16/2023 06/16/23 Price Changed $3,975 -6.5% $2 / Sq Ft
06/09/2023 06/09/23 Price Changed $4,250 -3.3% $2 / Sq Ft
05/31/2023 05/31/23 Price Changed $4,395 -2.2% $2 / Sq Ft
05/22/2023 05/22/23 For Rent $4,495 0.0% --
10/06/2020 10/06/20 Sold $635,000 0.0% $261 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $635,000 -- $261 / 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 $5,582 $44,823 -- --
2024 $5,433 $38,352 -- --
2023 $5,433 $64,080 $12,810 $51,270
2022 $4,668 $54,130 $10,820 $43,310
2021 $4,713 $54,230 $10,840 $43,390
2020 $1,204 $16,425 $16,425 $0
2019 $1,177 $14,805 $14,805 $0
2017 $543 $5,507 $5,507 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6085728

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-08-178