NOT LISTED FOR SALE

Estimated Value: $952,000 - $1,000,000

4 Beds
2.5 Baths
2,820 Sq Ft
$342/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $475,000 $168 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,829/month

10 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Community Lake
  • Chandler Traditional Academy Independence Campus Rated A
  • 0.24 Acre Lot
  • Santa Barbara Architecture

About This Home

As of May 2015

''Guaranteed admission into Arizona's #1 elementary school, Chandler Traditional Academy-Independence.'' Model like TW Lewis home in Laguna Cove at Ocotillo. 4 bedrooms & 2.5 baths on a large corner lot. Open split floor plan with one bedroom that can be used as a den/office. Over $85k in upgrades. S/S appliances, updated bathrooms, granite counter tops, new paint inside & outside, new carpeting, new hot water heater, new water softener, multiple new windows & updated light fixtures to name a few. Beautiful backyard includes a new heated pebble tech pool w/in floor cleaning system & spa, gas fire pit & a water feature. Located in an excellent Ocotillo lakes gated community with quick access to shopping, freeways and the mall. A must see home that will not last long.

Last Agent to Sell the Property

Shaukat Shahid

RE/MAX Fine Properties License #SA528166000 Listed on: 04/06/2015

RE/MAX Fine Properties

Last Buyer's Agent

Andrea West

HomeSmart License #SA509504000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,523

Year Built

  • Built in 2002

Lot Details

  • 10,435 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Garage
  • 4 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,820 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • 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

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Playground

Schools

  • Chandler Traditional Academy - Independence Elementary School
  • Bogle Junior High School
  • Hamilton High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 275
  • Assessor Parcel Number 303-90-311

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Balboa Association, Phone Number (480) 704-2900
  • Laguna Cove Association, Phone Number (480) 704-2900
  • Association Phone (480) 704-2900
  • Built by TW Lewis
  • Laguna Cove Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,523

Year Built

Built in 2002

Lot Details

0

HOA Fees

$141 per month

Parking

3

Listing Details

  • Cross Street: Alma School Road & Ocotillo
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Laguna Cove
  • HOA #2 Phone Number: 480-704-2900
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 140.5
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Spa Private: Yes
  • Tax Year: 2014
  • Directions: South on Alma School to Balboa Way, West to gate, Go through gate to Kaibab Dr then East to Oleander Dr. North to Kaibab Dr then East to home on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: Laguna Cove
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 84.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2820.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground
  • Lot Features: Sprinklers In Front, Corner Lot, Desert Back, Grass Front, Grass Back, Irrigation Front, Irrigation Back
  • Pool Features: Play Pool, Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Gated, Playground, Biking/Walking Path
  • Association #2 Fee: 56.5
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 84.0
  • Association Fee Frequency: Monthly
  • Association: Laguna Cove
  • Association Name: Balboa
  • Association Phone #2: 480-704-2900
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 360.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Balboa
  • Association Fees:HOA Telephone4: 480-704-2900
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Chandler Traditional Academy - Independence
  • High School: Hamilton High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10435.0
  • Parcel #: 303-90-311

Building Info

  • Builder Name: TW Lewis

Tax Info

  • Tax Annual Amount: 3522.82
  • Tax Book Number: 303.00
  • Tax Lot: 275
  • Tax Map Number: 90.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2015
Closed on
May 15, 2015
Sold by
Brookfield Relocation Inc
Bought by
Xu Mei and Oswald Jay
Seller's Agent
Shaukat Shahid
RE/MAX Fine Properties
Buyer's Agent
Andrea West
HomeSmart
List Price
$485,000
Sold Price
$475,000
Premium/Discount to List
-$10,000
-2.06%
Current Estimated Value
$963,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,978
Avg. Annual Appreciation
7.16%
Original Mortgage
$380,000
Outstanding Balance
$152,730
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$811,248

Purchase Details

Listed on
Apr 6, 2015
Closed on
Apr 30, 2015
Sold by
Carrizal Shannon L and Carrizal Jennifer R
Bought by
Brookfield Relocation Inc
Seller's Agent
Shaukat Shahid
RE/MAX Fine Properties
Buyer's Agent
Andrea West
HomeSmart
List Price
$485,000
Sold Price
$475,000
Premium/Discount to List
-$10,000
-2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$152,730
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$811,248

Purchase Details

Closed on
Apr 20, 2009
Sold by
Residential Funding Company Llc
Bought by
Carrizal Shannon L and Carrizal Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,570
Interest Rate
4.71%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2009
Sold by
Bongard Randall R and Bongard Courtney B
Bought by
Residential Funding Company Llc

Purchase Details

Closed on
May 23, 2007
Sold by
Tracy Matthew and Tracy Christine
Bought by
Bongard Randall R and Bongard Courtney B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,250
Interest Rate
6.73%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 13, 2004
Sold by
Rhee Robert and Song Eun J
Bought by
Tracy Matthew and Tracy Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2002
Sold by
Rhee Robert
Bought by
Rhee Robert and Song Eun Jung

Purchase Details

Closed on
Nov 7, 2002
Sold by
Song Eun Jung
Bought by
Rhee Robert
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 Buyer Sale Price Title Company
Xu Mei $475,000 None Available
Brookfield Relocation Inc $475,000 Brps Title Llc
Carrizal Shannon L $355,000 First American Title Ins Co
Residential Funding Company Llc $500,000 None Available
Bongard Randall R $592,500 Transnation Title Ins Co
Tracy Matthew $439,000 Security Title Agency
Rhee Robert -- Chicago Title Insurance Co
Rhee Robert $353,814 Chicago Title Insurance Co
Rhee Robert -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Mei $380,000
Previous Owner Carrizal Shannon L $346,500
Previous Owner Carrizal Shannon L $40,000
Previous Owner Carrizal Shannon L $348,570
Previous Owner Bongard Randall R $59,250
Previous Owner Bongard Randall R $474,000
Previous Owner Tracy Matthew $351,200
Closed Tracy Matthew $43,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $475,000 -2.1% $168 / Sq Ft
04/16/2015 04/16/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $485,000 -- $172 / 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 $4,916 $56,886 -- --
2024 $5,134 $54,177 -- --
2023 $5,134 $69,180 $13,830 $55,350
2022 $4,972 $52,820 $10,560 $42,260
2021 $5,110 $50,700 $10,140 $40,560
2020 $5,082 $47,920 $9,580 $38,340
2019 $4,903 $44,260 $8,850 $35,410
2018 $4,764 $43,580 $8,710 $34,870
2017 $4,476 $42,680 $8,530 $34,150
2016 $4,305 $45,160 $9,030 $36,130
2015 $4,145 $42,050 $8,410 $33,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5261273

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-90-311