NOT LISTED FOR SALE

1561 W Mead Ct Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $876,980 - $1,223,000

5 Beds
2 Baths
2,390 Sq Ft
$419/Sq Ft Est. Value

Last Sold January 12, 2012

Last sale price $386,250 $162 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $5,949/month

89 Days on Market

Highlights

  • Golf Course Community
  • Play Pool
  • Community Lake
  • Chandler Traditional Academy Independence Campus Rated A
  • Waterfront
  • Family Room with Fireplace

About This Home

As of January 2012

FABULOUS, HARD TO FIND WATERFRONT & CULDESAC LOT! SPOTLESS & UPGRADED! SINGLE LEVEL 5 BEDROOM HOME WITH 3 CAR GARAGE & POOL! NEUTRAL DECOR. GRANITE COUNTER TOPS. STAINLESS STEEL APPLIANCES. CUSTOM PAINT & LIGHTING. 2 WAY GAS FIREPLACE. SURROUND SOUND. REVERSE OSMOSIS & WATER SOFTENER. TILE FLOORING IN ALL THE RIGHT PLACES. LARGE ROOM SIZES. TROPICAL OASIS BACKYARD WITH SPARKLING POOL AND BOAT DOCK. LAKE VIEW!

Last Listed By

Rob Castellini

Keller Williams Realty Sonoran Living License #SA111228000 Listed on: 08/31/2011

Keller Williams Realty Sonoran Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,094

Year Built

  • Built in 1998

Lot Details

  • 9,540 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Partially Fenced Property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,390 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Two Way Fireplace
  • Gas Fireplace
  • Solar Screens
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Security System Owned
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Play Pool
  • Covered patio or porch

Schools

  • Hamilton High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 303-48-164

Community Details

Overview

  • Ocotillo Comm HOA, Phone Number (480) 704-2900
  • Ocotillo Lakes Association, Phone Number (480) 829-7400
  • Association Phone (480) 829-7400
  • Built by PULTE
  • Ocotillo Lakes Parcel D1 Subdivision, A Must See!! Floorplan
  • Community Lake

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,094

Year Built

Built in 1998

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Cross Street: ALMA SCHOOL & OCOTILLO
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2 Fee: 42.0
  • HOA #2 Name: OCOTILLO LAKES
  • HOA #2 Phone Number: 480-829-7400
  • HOA #2: Y
  • Total Monthly Fee Equivalent: 98.5
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 1998
  • Tax Year: 2010
  • Directions: SOUTH ON ALMA SCHOOL FROM OCOTILLO, WEST ON LAKE, LEFT ON CHAPARRAL, LEFT ON CRESCENT, RIGHT ON OLEANDER, LEFT ON MEAD TO HOME
  • Master Model: A MUST SEE!!
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.22
  • Subdivision Name: OCOTILLO LAKES PARCEL D1
  • Architectural Style: Ranch, Spanish
  • Efficiency: Multi-Pane Wndws, Sunscreen(s)
  • ResoBuildingAreaSource: Owner
  • Association Fees:HOA Fee2: 56.5
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Two Way Fireplace, Family Room, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2390.0
  • Stories: 1
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Owner
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes
  • Fireplace:Two Way Fireplace: Yes

Exterior Features

  • Fencing: Block, Partial
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Grass Front, Grass Back
  • Pool Features: Play Pool, Private
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Golf
  • Amenities: Management
  • Association #2 Fee: 42.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association: OCOTILLO LAKES
  • Association Name: OCOTILLO COMM HOA
  • Association Phone #2: 480-829-7400
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: OCOTILLO COMM HOA
  • Association Fees:HOA Telephone4: 480-704-2900
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Monthly

Schools

  • High School: Hamilton High School

Lot Info

  • Lot Size Sq Ft: 9540.0
  • Parcel #: 303-48-164
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: PULTE

Tax Info

  • Tax Annual Amount: 2094.0
  • Tax Book Number: 303.00
  • Tax Lot: 27
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2011
Closed on
Jan 4, 2012
Sold by
Aldrich Gregoyr and Aldrich Heidi
Bought by
Subramanian Suman M
Seller's Agent
Rob Castellini
Keller Williams Realty Sonoran Living
Buyer's Agent
Brian Flatley II
eXp Realty
List Price
$424,900
Sold Price
$386,250
Premium/Discount to List
-$38,650
-9.1%
Total Days on Market
89
Current Estimated Value
$1,001,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$615,245
Avg. Annual Appreciation
7.38%
Original Mortgage
$308,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2010
Sold by
Wartenbee Dennis and Wartenbee Jean
Bought by
Aldrich Greg and Aldrich Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,591
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2008
Sold by
Clark Lawrence R and Clark Sydney S
Bought by
Wartenbee Dennis and Wartenbee Jean

Purchase Details

Closed on
Jul 20, 2005
Sold by
Clark Lawrence R and Clark Sydney S
Bought by
Clark Lawrence R and Clark Sydney S

Purchase Details

Closed on
Apr 5, 2004
Sold by
Chan Kai Ming
Bought by
Clark Lawrence R and Clark Sydney S

Purchase Details

Closed on
Feb 5, 1999
Sold by
Wong Wye Leng
Bought by
Chan Kai Ming

Range of Values:

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Average Value
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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
Subramanian Suman M $386,250 Grand Canyon Title Agency In
Aldrich Greg $420,000 Grand Canyon Title Agency In
Wartenbee Dennis $500,000 Capital Title Agency Inc
Clark Lawrence R -- --
Clark Lawrence R $340,000 Fidelity National Title
Chan Kai Ming -- Security Title Agency
Chan Kai Ming $255,229 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Subramanian Suman $256,000
Closed Subramanian Suman M $308,000
Previous Owner Aldrich Greg $381,591
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2012 01/12/12 Sold $386,250 -3.4% $162 / Sq Ft
11/28/2011 11/28/11 Pending -- -- --
10/13/2011 10/13/11 Price Changed $399,900 -5.9% $167 / Sq Ft
08/31/2011 08/31/11 For Sale $424,900 -- $178 / 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 $3,607 $45,717 -- --
2024 $3,526 $43,540 -- --
2023 $3,526 $63,210 $12,640 $50,570
2022 $3,395 $46,730 $9,340 $37,390
2021 $3,507 $42,910 $8,580 $34,330
2020 $3,484 $40,780 $8,150 $32,630
2019 $3,341 $36,850 $7,370 $29,480
2018 $3,229 $35,700 $7,140 $28,560
2017 $3,006 $33,730 $6,740 $26,990
2016 $2,896 $35,620 $7,120 $28,500
2015 $2,806 $33,180 $6,630 $26,550
Source: Public Records

Agents Affiliated with this Home

  • Rob Castellini

    Seller's Agent in 2012

    Rob Castellini

    Keller Williams Realty Sonoran Living

    (602) 526-5266

    28 Total Sales

    Rob Castellini
    Section Image
  • Brian Flatley II

    Buyer's Agent in 2012

    Brian Flatley II

    eXp Realty

    (480) 759-4300

    102 Total Sales

    Brian Flatley II
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4639370

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-164

Arizona Maricopa County Chandler 85248 Ocotillo

1561 W Mead Ct, Chandler, AZ

Homes for Sale in Chandler, AZ

This home is located at 1561 W Mead Ct, Chandler, AZ 85248 since 31 August 2011 and is currently estimated at $1,001,495, approximately $419 per square foot. This property was built in 1998. 1561 W Mead Ct is a home located in Maricopa County with nearby schools including Chandler Traditional Academy Independence Campus, Hamilton High School, and Bogle Junior High School.

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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