NOT LISTED FOR SALE

Estimated Value: $1,204,000 - $1,425,000

3 Beds
3 Baths
2,632 Sq Ft
$501/Sq Ft Est. Value

Last Sold October 23, 2012

Last sale price $580,000 $220 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $7,488/month

Highlights

  • Private Pool
  • Gated Community
  • 0.31 Acre Lot
  • Chandler Traditional Academy Independence Campus Rated A
  • Waterfront
  • 1 Fireplace

About This Home

As of December 2012

Pristine waterfront property in gated community with resort style indoor/outdoor living complete with negative edge pool and waterfall. Home has 3 bedrooms and a den plus 3 beautiful baths! Enjoy your huge lake front lot while you use your built in BBQ and boat dock. Interiors are stunning with stacked stone fireplace, plantation shutters, upgraded kitchen with granite, travertine, and custom paint. Open floor plan that is light and bright. Refrig and washer dryer included as well as landscape and pool services! Enjoy this resort lifestyle living!

Last Agent to Rent the Property

Kathy Surcouf

Keller Williams Realty East Valley License #SA536329000 Listed on: 10/01/2012

Keller Williams Realty East Valley

Last Renter's Agent

Renee Anderson

HomeSmart License #SA536666000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,932

Year Built

  • Built in 2000

Lot Details

  • 0.31 Acre Lot
  • Waterfront
  • Partially Fenced Property
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,632 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Anna Marie Jacobson Elementary School
  • Hamilton High School

Utilities

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

Listing and Financial Details

  • Property Available on 10/24/12
  • Rent includes rental tax, pool service - full, gardening service
  • 12-Month Minimum Lease Term
  • Tax Lot 17
  • Assessor Parcel Number 303-48-443

Community Details

Overview

  • Property has a Home Owners Association
  • Ocotillo Lakes Association
  • Built by Edmonds Toll Bros
  • Ocotillo Lakes Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,932

Year Built

Built in 2000

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Rental Tax, Pool Service - Full, Gardening Service
  • Available Date: 2012-10-24

Listing Details

  • Cross Street: Alma School and Ocotillo
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2000
  • Rental Info H O A Name: Ocotillo Lakes
  • Lease Term Minimum Lease Term Months: 12
  • Directions: South on Alma School. Wesr on Lake Dr. South on Chapparal. South on Blue Ridge (through gate. Left on Lynx
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.31
  • Subdivision Name: Ocotillo Lakes
  • ResoBuildingAreaSource: Assessor
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2632.0
  • Stories: 1
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Block, Partial
  • Exterior Features: Covered Patio(s)
  • Lot Features: Grass Front
  • Pool Features: Private
  • Waterfront: Yes
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Name: Ocotillo Lakes
  • Phone: xxx-xxxx
  • Association: Yes

Schools

  • Elementary School: Anna Marie Jacobson Elementary School
  • High School: Hamilton High School

Lot Info

  • Lot Size Sq Ft: 13591.0
  • Parcel #: 303-48-443
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Edmonds Toll Bros

Tax Info

  • Tax Book Number: 303.00
  • Tax Lot: 17
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2012
Closed on
Oct 16, 2012
Sold by
Franchimone Sam and Franchimone Tina
Bought by
King Craig and Ahern Debra
Seller's Agent
Bettye Fort
Realty ONE Group
Buyer's Agent
Kathy Surcouf
Keller Williams Realty East Valley
List Price
$659,900
Sold Price
$580,000
Premium/Discount to List
-$79,900
-12.11%
Current Estimated Value
$1,319,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$739,212
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
Sep 27, 2005
Sold by
Mcgavin Adam and Mcgavin Jean
Bought by
Franchimone Sam and Franchimone Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2001
Sold by
Edmunds Toll Ltd Partnership
Bought by
Mcgavin Adam and Mcgavin Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
6.25%
Mortgage Type
New Conventional
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
King Craig $580,000 First Arizona Title Agency
Franchimone Sam $720,000 Title Security Agency Of Az
Mcgavin Adam $310,000 Westminster Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franchimone Sam $576,000
Previous Owner Mcgavin Adam $277,000
Closed Franchimone Sam $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2012 12/20/12 Rented $2,600 -99.6% --
12/05/2012 12/05/12 Under Contract -- -- --
10/23/2012 10/23/12 Sold $580,000 0.0% $217 / Sq Ft
10/01/2012 10/01/12 For Rent $2,950 0.0% --
09/16/2012 09/16/12 Pending -- -- --
08/16/2012 08/16/12 Price Changed $619,900 -1.2% $232 / Sq Ft
07/24/2012 07/24/12 Price Changed $627,500 -0.4% $235 / Sq Ft
07/19/2012 07/19/12 Price Changed $629,900 -1.6% $236 / Sq Ft
07/13/2012 07/13/12 Price Changed $639,900 -1.5% $239 / Sq Ft
07/07/2012 07/07/12 Price Changed $649,900 -1.5% $243 / Sq Ft
06/28/2012 06/28/12 For Sale $659,900 -- $247 / 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 $5,932 $64,472 -- --
2024 $5,818 $61,402 -- --
2023 $5,818 $87,730 $17,540 $70,190
2022 $5,635 $59,250 $11,850 $47,400
2021 $5,792 $55,130 $11,020 $44,110
2020 $5,759 $52,810 $10,560 $42,250
2019 $5,557 $48,110 $9,620 $38,490
2018 $5,436 $46,220 $9,240 $36,980
2017 $5,107 $45,650 $9,130 $36,520
2016 $4,933 $50,530 $10,100 $40,430
2015 $4,730 $46,430 $9,280 $37,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4827496

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-443