NOT LISTED FOR SALE

Estimated Value: $817,000 - $880,000

-- Bed
-- Bath
2,864 Sq Ft
$296/Sq Ft Est. Value

About This Home

This home is located at 1724 E Ocotillo Rd, Phoenix, AZ 85016 and is currently estimated at $848,500, approximately $296 per square foot. 1724 E Ocotillo Rd is a home located in Maricopa County with nearby schools including Madison Heights Elementary School, Madison No. 1 Middle School, and Phoenix Coding Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2020
Sold by
Savory Citrus Llc
Bought by
Ocotillo Point Llc
Current Estimated Value
$848,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,784,000
Outstanding Balance
$2,471,562
Interest Rate
3.74%
Mortgage Type
Commercial
Estimated Equity
-$1,623,062

Purchase Details

Closed on
Sep 19, 2018
Sold by
Hart Alan D
Bought by
Savory Citrus Llc

Purchase Details

Closed on
Jul 11, 2011
Sold by
Fannie Mae
Bought by
Hart Alan D

Purchase Details

Closed on
Feb 2, 2011
Sold by
Philip Kristen L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 18, 2003
Sold by
Applause Real Estate Ventures Llc
Bought by
Philp Kristen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,240
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2001
Sold by
Pitts Weglarz John M and Morin Linda L
Bought by
Applause Real Estate Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,150
Interest Rate
7.65%
Mortgage Type
Trade

Purchase Details

Closed on
Jan 2, 2001
Sold by
Ward Barry K and Stelzl Sharon Lee
Bought by
Pitts Weglarz John M and Morin Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,150
Interest Rate
7.65%
Mortgage Type
Trade

Purchase Details

Closed on
Jun 29, 1999
Sold by
Nordin Gus M and Nordin Charlotte
Bought by
Ward Barry K and Stelzl Sharon Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Ocotillo Point Llc $3,480,000 Fidelity Natl Ttl Agcy Inc
Savory Citrus Llc -- None Available
Hart Alan D $95,000 Lawyers Title Of Arizona Inc
Federal National Mortgage Association $244,978 None Available
Philp Kristen L $222,800 Equity Title Agency Inc
Applause Real Estate Ventures Llc -- --
Pitts Weglarz John M $173,500 North American Title Agency
Ward Barry K $165,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocotillo Point Llc $2,784,000
Previous Owner Philp Kristen L $178,240
Previous Owner Pitts Weglarz John M $156,150
Previous Owner Ward Barry K $148,500
Source: Public Records

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 $2,112 $16,214 -- --
2024 $1,960 $15,442 -- --
2023 $1,960 $64,270 $12,850 $51,420
2022 $1,901 $48,920 $9,780 $39,140
2021 $1,918 $42,950 $8,590 $34,360
2020 $1,888 $35,010 $7,000 $28,010
2019 $1,846 $29,870 $5,970 $23,900
2018 $1,801 $26,580 $5,310 $21,270
2017 $1,716 $24,270 $4,850 $19,420
2016 $1,657 $15,450 $3,090 $12,360
2015 $1,539 $14,200 $2,840 $11,360
Source: Public Records

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