NOT LISTED FOR SALE

Estimated Value: $1,005,000 - $1,480,000

4 Beds
2.5 Baths
2,795 Sq Ft
$412/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $675,000 $242 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,033/month

6 Days on Market

Highlights

  • Golf Course Community
  • Heated Spa
  • Waterfront
  • Chandler Traditional Academy Independence Campus Rated A
  • Gated Community
  • 0.27 Acre Lot

About This Home

As of May 2013

DON’T MISS this BEAUTIFULLY UPDATED WATER FRONT HOME IN OCOTILLO LAKES with 2,795 spacious square feet, 4 bedrooms and 2.5 baths. UPDATES include STAINLESS STEEL appliances, NEW FLOORING THROUGHOUT, GORGEOUS NEW MASTER BATH, NEW LANDSCAPE, and FRESH PAINT. Backyard sports a pristine NEGATIVE EDGE Pebbletech pool, JACUZZI, new DOCK, and the best view of the lake in the neighborhood. Additional luxuries include SUB-ZERO refrigerator, plantation shutters, beautiful book shelves in office, and side entry two-car garage. It’s just minutes from the 101, 202, and Chandler Fashion. Sits on a north-south exposure, with access to TOP NOTCH Chandler schools. This home is a must see and won't last long.

Last Listed By

David Corley

Midland Real Estate Alliance License #SA640495000 Listed on: 04/26/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,613

Year Built

  • Built in 2001

Lot Details

  • 0.27 Acre Lot
  • Waterfront
  • Private Streets
  • Partially Fenced Property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,795 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Family Room with Fireplace
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • 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

  • Tax Lot 75
  • Assessor Parcel Number 303-48-396

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Pmg Services Association, Phone Number (480) 704-2900
  • Ocotillo Lakes Association, Phone Number (480) 829-7400
  • Association Phone (480) 829-7400
  • Built by Edmunds/Toll Brothers
  • Ocotillo Lakes Subdivision, Vera Cruz Floorplan
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,613

Year Built

Built in 2001

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Cross Street: Dobson Rd. & Ocotillo Rd.
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Ocotillo Lakes
  • HOA #2 Phone Number: 480-829-7400
  • HOA #2 Transfer Fee: 325.0
  • 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: 100.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2013
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2013
  • Items Updated Pool Yr Updated: 2013
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2001
  • Spa Private: Yes
  • Tax Year: 2012
  • Directions: South on Dobson to Chaparral, East on Chaparral and South on Blue Ridge Way. Through the gate turn right and follow around to home on left. Street name changes Mead, Pecan then Bartlett.
  • Master Model: Vera Cruz
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.27
  • Co List Office Mls Id: kwaz10
  • Co List Office Phone: 480-767-3000
  • Subdivision Name: Ocotillo Lakes
  • Architectural Style: Santa Barbara/Tuscan
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 56.0
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2795.0
  • Stories: 1
  • Community Features:Golf Course: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Partial
  • Exterior Features: Covered Patio(s), Patio, Private Street(s)
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: Play Pool, Heated, Private
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Lake Subdivision, Golf, Tennis Court(s)
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 44.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 56.0
  • Association Fee Frequency: Monthly
  • Association: Ocotillo Lakes
  • Association Name: Ocotillo
  • Association Phone #2: 480-829-7400
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 325.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Ocotillo
  • Association Fees:HOA Telephone4: 480-704-2900
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Premier Comm Mgmt
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fees:HOA Management Company 2: PMG Services
  • Association Fees:HOA Management Phone 2: 480-829-7400

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Anna Marie Jacobson Elementary School
  • High School: Hamilton High School
  • Junior High Dist: Chandler Unified District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11543.0
  • Parcel #: 303-48-396
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Edmunds/Toll Brothers

Tax Info

  • Tax Annual Amount: 3613.0
  • Tax Book Number: 303.00
  • Tax Lot: 75
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2013
Closed on
Jun 18, 2013
Sold by
Rappaport Steven
Bought by
Rappaport Steven D and The Steven D Rappaport Trust
Seller's Agent
David Corley
Midland Real Estate Alliance
Buyer's Agent
Karen Cameron
Go Sold Realty
List Price
$675,000
Sold Price
$675,000
Total Days on Market
6
Current Estimated Value
$1,150,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,736
Avg. Annual Appreciation
4.60%
Original Mortgage
$375,000
Outstanding Balance
$269,960
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$888,562

Purchase Details

Listed on
Apr 26, 2013
Closed on
May 30, 2013
Sold by
Ce Residential 2 Llc
Bought by
Rappaport Steven
Seller's Agent
David Corley
Midland Real Estate Alliance
Buyer's Agent
Karen Cameron
Go Sold Realty
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$269,960
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$888,562

Purchase Details

Listed on
Apr 26, 2013
Closed on
May 10, 2013
Sold by
Rappaport Sandra C and Rappaport Steven D
Bought by
Rappaport Steven D and Rappaport Sandra C
Seller's Agent
David Corley
Midland Real Estate Alliance
Buyer's Agent
Karen Cameron
Go Sold Realty
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$269,960
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$888,562

Purchase Details

Listed on
Sep 7, 2012
Closed on
Mar 15, 2013
Sold by
Evans Rob
Bought by
Ce Residential #2 Llc
Seller's Agent
Suzanne Kensington
DPR Realty LLC
Buyer's Agent
David Corley
Midland Real Estate Alliance
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
567.14%
Original Mortgage
$273,000
Interest Rate
3.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 7, 2012
Closed on
Feb 27, 2013
Sold by
Evans Tara
Bought by
Evans Rob
Seller's Agent
Suzanne Kensington
DPR Realty LLC
Buyer's Agent
David Corley
Midland Real Estate Alliance
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
3.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2001
Sold by
Edmunds Toll Ltd Partnership
Bought by
Kennedy Doris Frances and Estate Of Paul Kennedy

Range of Values:

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Average Value
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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
Rappaport Steven D -- None Available
Rappaport Steven $675,000 Magnus Title Agency
Rappaport Steven D -- Magnus Title Agency
Ce Residential #2 Llc -- Accommodation
Evans Rob -- Driggs Title Agency Inc
Evans Rob $420,000 Driggs Title Agency Inc
Kennedy Doris Frances $396,189 Westminster Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rappaport Steven $375,000
Previous Owner Evans Rob $273,000
Previous Owner Kennedy Paul John $470,000
Previous Owner Kennedy Paul John $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $675,000 0.0% $242 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $675,000 +60.7% $242 / Sq Ft
02/28/2013 02/28/13 Sold $420,000 -3.4% $150 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
10/29/2012 10/29/12 Price Changed $435,000 -3.3% $156 / Sq Ft
08/28/2012 08/28/12 For Sale $450,000 -- $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 $5,909 $64,217 -- --
2024 $5,795 $61,159 -- --
2023 $5,795 $72,500 $14,500 $58,000
2022 $5,612 $56,550 $11,310 $45,240
2021 $5,769 $54,660 $10,930 $43,730
2020 $5,737 $52,470 $10,490 $41,980
2019 $5,535 $47,920 $9,580 $38,340
2018 $5,470 $46,420 $9,280 $37,140
2017 $5,248 $45,920 $9,180 $36,740
2016 $5,069 $51,070 $10,210 $40,860
2015 $4,861 $47,360 $9,470 $37,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4927324

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-396