NOT LISTED FOR SALE

Estimated Value: $1,277,000 - $1,382,000

4 Beds
3 Baths
3,266 Sq Ft
$401/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $756,000 $231 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,401/month

6 Days on Market

Highlights

  • Play Pool
  • Waterfront
  • Community Lake
  • Chandler Traditional Academy Independence Campus Rated A
  • 0.27 Acre Lot
  • Wood Flooring

About This Home

As of May 2018

Come see this Ocotillo gem, best lot in Ocotillo with huge waterfront view and no one behind you! Home has been meticulously maintained and pride of ownership shows throughout this pristine home. Two incredible kitchens here, inside you'll find your updated kitchen aid oven/microwave combo, gas cooktop, quiet bosch dishwasher and yes, the fridge conveys here! Then there's your outdoor kitchen, Come grill out on your 42'' gas grill or smoke some ribs on your Primo charcoal grill/smoker all while you look out over the lake. On those cold nights, pull up a chair to your fire feature built into the sit up bar!! Outdoor fridge to keep your drinks cool and the sink comes with an ice chest as well. with your master on one side your guest can enjoy their privacy with a 4th bedroom across the house with a large walk in closet and 3 piece bathroom to thereselves. This house is truly one of kind with a view you can't wait to wake up to and entertain your friends and family.

Last Agent to Sell the Property

Geoff Erber

Good Oak Real Estate License #SA644964000 Listed on: 04/07/2018

Good Oak Real Estate

Last Buyer's Agent

Yalin Chen Dorman

Realty ONE Group License #SA645146000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,140

Year Built

  • Built in 2003

Lot Details

  • 0.27 Acre Lot
  • Waterfront
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,266 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Play Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Chandler Traditional Academy - Independence Elementary And Middle School
  • Hamilton High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener

Community Details

  • Balboa Way Community Association, Phone Number (480) 455-5425
  • Ocotillo Community Association, Phone Number (480) 455-5425
  • Association Phone (480) 455-5425
  • Balboa Point At Ocotillo Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 303-90-122

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,140

Year Built

Built in 2003

Lot Details

0

HOA Fees

$57 per month

Parking

3

Listing Details

  • Cross Street: Alma School/Ocotillo
  • Property Type: Residential
  • HOA #2 Fee: 56.5
  • HOA #2 Name: Ocotillo Community
  • HOA #2 Phone Number: 480-455-5425
  • HOA #2 Transfer Fee: 185.0
  • 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: 145.5
  • Basement: N
  • Cooling HVAC SEER Rating: 21
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Tax Year: 2017
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.27
  • Subdivision Name: Balboa Point at Ocotillo
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 89.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 3266.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Built-in Barbecue
  • Lot Features: Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, Private
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision
  • Amenities: Management
  • Association #2 Fee: 56.5
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association: Ocotillo Community
  • Association Name: Balboa Way Community
  • Association Phone #2: 480-455-5425
  • Phone: 480-455-5425
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 370.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Balboa Way Community
  • Association Fees:HOA Telephone4: 480-455-5425
  • 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_: $

Schools

  • Elementary School: Chandler Traditional Academy - Independence
  • High School: Hamilton High School
  • Middle Or Junior School: Chandler Traditional Academy - Independence

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11568.0
  • Parcel #: 303-90-122
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: NA

Tax Info

  • Tax Annual Amount: 6140.0
  • Tax Book Number: 303.00
  • Tax Lot: 100
  • Tax Map Number: 90.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2018
Closed on
May 10, 2018
Sold by
Erber Gary and Erber Sandra
Bought by
Misman Ozgur and Misman Rhoda
Seller's Agent
Geoff Erber
Good Oak Real Estate
Buyer's Agent
Yalin Chen Dorman
Realty ONE Group
List Price
$790,000
Sold Price
$756,000
Premium/Discount to List
-$34,000
-4.3%
Current Estimated Value
$1,309,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,554
Avg. Annual Appreciation
7.68%
Original Mortgage
$436,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2013
Sold by
Erber Gary L and Erber Sandra E
Bought by
Erber Gary and Erber Sandra

Purchase Details

Closed on
Mar 12, 2007
Sold by
Elter Robert L and Elter Genie M
Bought by
Erber Gary L and Erber Sandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2006
Sold by
Eiter Robert L and Eiter Genie M
Bought by
Eiter Robert L and Eiter Genie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2004
Sold by
Eiter Robert L and Eiter Genie M
Bought by
Eiter Robert L and Eiter Genie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2003
Sold by
Wung Shelly Ching Yi
Bought by
Chen Erik Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,800
Interest Rate
8.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Misman Ozgur $756,000 Security Title Agency Inc
Erber Gary -- None Available
Erber Gary L $868,000 Security Title Agency Inc
Eiter Robert L -- Security Title Agency Inc
Eiter Robert L -- Security Title Agency Inc
Eiter Robert L -- First American Title Ins Co
Eiter Robert L $537,000 Title Partners Of Phoenix Ll
Chen Erik Y -- Chicago Title Insurance Co
Chen Erik Y $470,943 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Misman Ozgur $436,000
Previous Owner Erber Gary L $400,000
Previous Owner Eiter Robert L $400,000
Previous Owner Eiter Robert L $330,000
Previous Owner Chen Erik Y $423,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $756,000 -4.3% $231 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $790,000 -- $242 / 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 $4,815 $76,667 -- --
2024 $6,319 $73,016 -- --
2023 $6,319 $87,910 $17,580 $70,330
2022 $6,100 $68,170 $13,630 $54,540
2021 $6,287 $65,480 $13,090 $52,390
2020 $6,249 $62,420 $12,480 $49,940
2019 $6,009 $57,210 $11,440 $45,770
2018 $5,936 $56,520 $11,300 $45,220
2017 $6,140 $55,570 $11,110 $44,460
2016 $5,906 $59,770 $11,950 $47,820
2015 $5,687 $55,600 $11,120 $44,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5748025

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-90-122