NOT LISTED FOR SALE

Estimated Value: $1,264,204 - $1,497,000

4 Beds
3 Baths
3,578 Sq Ft
$377/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $520,000 $145 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $8,102/month

158 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • 0.32 Acre Lot
  • Chandler Traditional Academy Independence Campus Rated A
  • Gated Community
  • Wood Flooring

About This Home

As of May 2012

Casablanca ex/Santa Barbara int. 16,000 gal. heated ptec pool, spa/waterfall. 13,500 gal. Koi pond(ptec pool/bridge. 625+ bottle B/I wine cellar w/sep refrig unit, kit/bonus access. 20'' neutral diagonal tiles baths/entry/halls/ fam/bonus/eat-in/kitchen. B/I media/desk/computer center. B/I entertain center w/Bose surround sound. Gourmet kitchen w/granite slab, sub-zero, double oven, microwave, pantry, island, upgraded maple cabinets. 10-12' ceilings. Dual zone. Plantation Shutters. Master--pecan hardwood floor, sep his/hers closets, crown molding, large Jacuzzi whirlpool garden tub, dual head shower w/in-line programmable hot water heater. 1,013 sf cov patio. BBQ island w/natural gas grill/Green Egg ceramic cooker/smoker. Wall mounted TV stays. Garages w/epoxy floors & cabinets. Bose entertainment center w/Bose 5 speaker, subwoofer surround sound. Whole house/back patio sound system w/8 ceiling speakers, Yamaha receiver/amp & Russound 4 zone house control. AC units covered by prepaid maintenance agreement. DSC security system w/door/window alerts. Water softener, R/O & instant hot. Decorative faux painted pillars in living room & master bath. Living/dining room has gas fireplace & large windows to view back patio/yard. Bonus room great for wine tasting; wall mounted TV stays. Split 2 & single car garages w/epoxy floors & built-in storage cabinets. Sound system has separate volume controls throughout house/back patio. Large unique fly-by fan on patio. Bed 2,3,4 have mirrored closet doors. Interior paint 2005 and 2011. Exterior paint 2007. Pebble tec driveway. New front entry tiles 2011.

Last Listed By

Brenda Stanley

HomeSmart License #BR514098000 Listed on: 11/10/2011

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 1999

Lot Details

  • 0.32 Acre Lot
  • Private Streets
  • Desert faces the back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Gated

Home Design

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

Interior Spaces

  • 3,578 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • 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
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps
  • Hard or Low Nap Flooring

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered patio or porch
  • Built-In Barbecue

Schools

  • Hamilton High School

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 36 / 4850
  • Assessor Parcel Number 303-48-462

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Premier Association, Phone Number (480) 829-7400
  • Ocotillo Lakes Association, Phone Number (480) 829-7400
  • Association Phone (480) 829-7400
  • Built by G Edmunds Toll
  • Ocotillo Lakes Subdivision, Casablanca Floorplan

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,010

Year Built

Built in 1999

Lot Details

0

HOA Fees

$113 per month

Parking

3

Listing Details

  • Cross Street: Alma School/Ocotillo
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Ocotillo Lakes
  • HOA #2 Phone Number: 480 829 7400
  • HOA #2: Y
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 110.5
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2009
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2011
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 1999
  • Spa Private: Yes
  • Tax Year: 2011
  • Directions: South to Lake Drive, West to Chaparral, West to Retreat gate entrance. Thru gate to Lynx, turn left to home.
  • Master Model: Casablanca
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.32
  • Subdivision Name: Ocotillo Lakes
  • Architectural Style: Spanish
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 56.0
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Accessibility Features: Hard/Low Nap Floors, Accessible Hallway(s)
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 3578.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Gravel/Stone Back, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, RV Gate, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 56.5
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 56.0
  • Association Fee Frequency: Monthly
  • Association: Ocotillo Lakes
  • Association Name: Ocotillo Lakes
  • Association Phone #2: 480 829 7400
  • Phone: 480-829-7400
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Ocotillo Lakes
  • Association Fees:HOA Telephone4: 480-829-7400
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Premier
  • Association Fee Incl:Street Maint: Yes
  • Association Fees:HOA Management Company 2: Premier

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • High School: Hamilton High School
  • Junior High Dist: Chandler Unified District

Lot Info

  • Lot Size Sq Ft: 13809.0
  • Parcel #: 303-48-462
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: G Edmunds Toll

Tax Info

  • Tax Annual Amount: 4010.0
  • Tax Block: 4850
  • Tax Book Number: 303.00
  • Tax Lot: 36
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2011
Closed on
May 16, 2012
Sold by
Sexson Sidney P and Tower Barbara J
Bought by
Burke Walter C and Burke Ranjana C
Seller's Agent
Brenda Stanley
HomeSmart
Buyer's Agent
Wanda House
Russ Lyon Sotheby's International Realty
List Price
$575,000
Sold Price
$520,000
Premium/Discount to List
-$55,000
-9.57%
Total Days on Market
158
Current Estimated Value
$1,348,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$828,801
Avg. Annual Appreciation
7.60%
Original Mortgage
$330,000
Outstanding Balance
$232,141
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$1,116,660

Purchase Details

Closed on
May 3, 2006
Sold by
Sexson Sidney P and Tower Barbara J
Bought by
Sexson Sidney P and Tower Barbara J

Purchase Details

Closed on
Oct 5, 2004
Sold by
Kapellusch Mark and Kapellusch Sandra L
Bought by
Sexson Sidney P and Tower Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2001
Sold by
Rogers Al and Rogers Eva
Bought by
Fadden Daniel R and Fadden Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 1999
Sold by
Edmunds Toll Ltd Partnership
Bought by
Kapellusch Mark and Kapellusch Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.51%
Mortgage Type
New Conventional

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
Burke Walter C $520,000 Stewart Title & Trust Of Pho
Sexson Sidney P -- None Available
Sexson Sidney P -- None Available
Sexson Sidney P $620,000 Transnation Title
Fadden Daniel R $9,500 Chicago Title Insurance Co
Kapellusch Mark $399,978 Westminster Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Walter C $330,000
Previous Owner Sexson Sidney P $496,000
Previous Owner Kapellusch Mark $75,000
Previous Owner Kapellusch Mark E $224,800
Previous Owner Fadden Daniel R $241,500
Previous Owner Kapellusch Mark $240,000
Closed Kapellusch Mark $119,980
Closed Sexson Sidney P $61,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2012 05/25/12 Sold $520,000 -9.6% $145 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
11/10/2011 11/10/11 For Sale $575,000 -- $161 / 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 $5,272 $63,815 -- --
2024 $5,159 $60,777 -- --
2023 $5,159 $83,600 $16,720 $66,880
2022 $4,977 $56,610 $11,320 $45,290
2021 $5,133 $52,660 $10,530 $42,130
2020 $5,101 $51,470 $10,290 $41,180
2019 $4,901 $47,620 $9,520 $38,100
2018 $4,882 $46,520 $9,300 $37,220
2017 $4,598 $46,650 $9,330 $37,320
2016 $4,400 $52,810 $10,560 $42,250
2015 $4,215 $48,920 $9,780 $39,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4675031

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-462