NOT LISTED FOR SALE

Estimated Value: $551,000 - $657,000

3 Beds
2.5 Baths
1,494 Sq Ft
$397/Sq Ft Est. Value

Last Sold October 17, 2016

Last sale price $230,000 $154 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,411/month

102 Days on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • No HOA
  • Madison Heights Elementary School Rated A-
  • Private Yard
  • Covered Patio or Porch

About This Home

As of October 2016

NEW CONSTRUCTION 85016 - YES, YOU CAN HAVE IT ALL FOR AN ACTIVE URBAN LIFESTYLE! Mountain Views, access canal trail system from your own backyard! Walk/Bike to Restaurants and Shopping at 16th St & Glendale. Contemporary home begins with superb design by an internationally acclaimed builder. Efficient floor-plan with light, windows, and views in all the right places. Combine this with plank flooring, white cabinets, and finishing details to create the ideal urban retreat. Featuring a 2-car garage, guest parking, and covered patio to enjoy the Arizona Lifestyle. Master Suite with spacious balcony provides enhanced panoramic views of nearby Piestewa Peak. Incorporating 9' ceilings throughout, this 3 bedroom and 2.5 baths plan facilitates flexibility for home office and guests.

Last Agent to Sell the Property

Steven Skarphol

HomeSmart License #BR019829000 Listed on: 06/03/2016

HomeSmart

Last Buyer's Agent

Amy Andelora

HomeSmart License #SA646282000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 2016 | Under Construction

Lot Details

  • 5,331 Sq Ft Lot
  • 1 Common Wall
  • Private Streets
  • Desert faces the front and back of the property
  • Wood Fence
  • Private Yard

Parking

  • 1 Open Parking Space
  • 2 Car Garage

Property Views

  • City Lights
  • Mountain

Home Design

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

Interior Spaces

  • 1,494 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Madison Elementary School
  • Madison Heights Elementary Middle School
  • North High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 164-34-012-M

Community Details

Overview

  • No Home Owners Association
  • Built by Quinta Property InvestmentsLLC
  • Ocotillo Mews Subdivision

Recreation

  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,100

Year Built

Built in 2016 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 16th St and Ocotillo Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2016
  • Tax Year: 2017
  • Directions: East on Ocotillo to 1722 E Ocotillo Rd, North on community access road to first right, East to the property. Sign on Property.
  • Attribution Contact: steve@skarphol.com
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.12
  • Subdivision Name: Ocotillo Mews
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: Yes
  • Tax Parcel Letter: M
  • ResoBuildingAreaSource: Builder
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Breakfast Bar, 9+ Flat Ceilings, Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1494.0
  • Stories: 2
  • Window Features: ENERGY STAR Qualified Windows, Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Engy Star (See Rmks)2: Yes

Exterior Features

  • Fencing: Wood
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Street(s), Private Yard
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Painted, Stucco, Siding, Frame - Wood
  • Property Condition: Under Construction
  • Roof: Foam
  • 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
  • Exterior Features:Private Street(s): Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only, Upper Level
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Madison Elementary School
  • High School: North High School
  • Middle Or Junior School: Madison Heights Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5331.0
  • Parcel #: 164-34-012-M
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: Quinta Property InvestmentsLLC

Tax Info

  • Tax Annual Amount: 1100.0
  • Tax Book Number: 164.00
  • Tax Lot: 1
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2022
Sold by
Sherman Jeffrey N
Bought by
Sherman Jeffrey N
Current Estimated Value
$593,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 3, 2016
Closed on
Sep 14, 2016
Sold by
Sherman Jeffrey N
Bought by
1728 E Ocotillo Road Llc
Seller's Agent
Steven Skarphol
HomeSmart
Buyer's Agent
Amy Andelora
HomeSmart
List Price
$342,500
Sold Price
$230,000
Premium/Discount to List
-$112,500
-32.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$130,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2010
Sold by
Sidi Charles L and Sidi Sarah J
Bought by
Quinta Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.65%
Mortgage Type
Construction
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
Sherman Jeffrey N -- Fidelity National Title
1728 E Ocotillo Road Llc -- Accommodation
Sherman Jeffrey N $230,000 First Arizona Title Agency
Quinta Property Investments Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sherman Jeffrey N $1,450,000
Previous Owner Sherman Jeffrey N $130,000
Previous Owner Quinta Property Investments Llc $300,000
Previous Owner Quinta Property Investments Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2016 10/17/16 Sold $230,000 -17.8% $154 / Sq Ft
09/17/2016 09/17/16 Pending -- -- --
09/08/2016 09/08/16 Price Changed $279,950 -6.7% $187 / Sq Ft
08/15/2016 08/15/16 Price Changed $299,950 -7.7% $201 / Sq Ft
08/08/2016 08/08/16 Price Changed $324,950 -5.1% $218 / Sq Ft
06/07/2016 06/07/16 For Sale $342,500 +48.9% $229 / Sq Ft
06/03/2016 06/03/16 Off Market $230,000 -- --
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 $3,324 $26,760 -- --
2024 $3,235 $25,486 -- --
2023 $3,235 $49,270 $9,850 $39,420
2022 $3,138 $39,180 $7,830 $31,350
2021 $3,165 $35,250 $7,050 $28,200
2020 $3,116 $32,650 $6,530 $26,120
2019 $3,047 $21,030 $4,200 $16,830
2018 $2,973 $26,130 $5,220 $20,910
2017 $2,833 $24,150 $4,830 $19,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5452186

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-34-012M