NOT LISTED FOR SALE

1870 W Olive Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $443,322 - $503,000

2 Beds
2 Baths
1,338 Sq Ft
$354/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $440,000 $329 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,967/month

36 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Community
  • Jacobson Elementary School Rated A
  • Heated Spa
  • Community Lake

About This Home

As of February 2022

Beautiful remodeled home in gated Montefino Village. This charming 2 bedroom, 2 bath home offers a separate office or den area. Guest BR features a private sauna (easy to remove if you desire). Expanded kitchen with quartz counter tops and SS appliances. Beautiful tiled flooring. Master bedroom with remodeled bath that includes new cabinets, quartz, large walk in shower and custom closet and 4' ceiling glass. Guests will love the remodeled guest bath with tiled bath/shower & quartz counters. New waterproof underlay on roof 2021. Enjoy the tiled covered patio, wood burning firepit and spa. Low maintenance backyard with turf area and HOA maintains the front yard. The Ocotillo community offers a community pool, spa, fitness center, green belts, lakes, walking paths and 27 holes of golf.

Last Agent to Sell the Property

Carey Kolb

Keller Williams Integrity First License #SA674265000 Listed on: 12/01/2021

Keller Williams Integrity First

Co-Listed By

Becky Kolb

Keller Williams Integrity First License #SA637843000

Last Buyer's Agent

Mike Holt

Real Broker License #SA696333000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,972

Year Built

  • Built in 2002

Lot Details

  • 3,768 Sq Ft Lot
  • Private Streets
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,338 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Tile Flooring
  • Security System Owned
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Heated Spa
  • Covered Patio or Porch
  • Fire Pit

Schools

  • Anna Marie Jacobson Elementary School
  • Bogle Junior High School
  • Hamilton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 303-48-640

Community Details

Overview

  • Association fees include street maintenance, front yard maint
  • Associa Arizona Association, Phone Number (480) 892-5222
  • Ocotillo Comm Assoc Association, Phone Number (480) 704-2900
  • Association Phone (480) 704-2900
  • Built by Meritage
  • Montefino Village Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,972

Year Built

Built in 2002

Lot Details

0

HOA Fees

$290 per month

Parking

2

Listing Details

  • Cross Street: Dobson/Ocotillo
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Ocotillo Comm Assoc
  • HOA #2 Phone Number: 480-704-2900
  • HOA #2 Transfer Fee: 190.0
  • 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: 289.86
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2017
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2010
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2016
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: East on Ocotillo to Jojoba and left through gate. (must have code from owner prior to showing). Right on Periwinkle and left on Olive to home on right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Co List Office Mls Id: kwif01
  • Co List Office Phone: 480-854-2400
  • Subdivision Name: MONTEFINO VILLAGE
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 216.86
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Fire Pit, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, 9+ Flat Ceilings, No Interior Steps, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1338.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Fireplace Features:Fire Pit: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Concrete Panel
  • Exterior Features: Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Golf, Lake, Gated, Community Spa Htd, Community Pool Htd, Fitness Center
  • Association #2 Fee: 219.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 216.86
  • Association Fee Frequency: Monthly
  • Association: Ocotillo Comm Assoc
  • Association Name: Monetefino Village
  • Association Phone #2: 480-704-2900
  • Phone: 480-892-5222
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Monetefino Village
  • Association Fees:HOA Telephone4: 480-892-5222
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Management Company: Associa Arizona
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Street Maint, Front Yard Maint

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3768.0
  • Parcel #: 303-48-640

Building Info

  • Builder Name: Meritage

Tax Info

  • Tax Annual Amount: 1972.0
  • Tax Book Number: 303.00
  • Tax Lot: 24
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 21, 2022
Sold by
Dakota Kyle D
Bought by
Schumacher Teneil
Seller's Agent
Carey Kolb
Keller Williams Integrity First
Buyer's Agent
Mike Holt
Real Broker
List Price
$435,000
Sold Price
$440,000
Premium/Discount to List
$5,000
1.15%
Current Estimated Value
$473,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,581
Avg. Annual Appreciation
3.00%
Original Mortgage
$352,000
Outstanding Balance
$329,984
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$159,926

Purchase Details

Closed on
Jul 28, 2010
Sold by
Shaver Deborah N
Bought by
Berntsen Denise A

Purchase Details

Closed on
Nov 15, 2007
Sold by
Stechly Tomasz and Stechly Miroslawa
Bought by
Shaver Deborah N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2007
Sold by
Shaver David C
Bought by
Shaver Deborah N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2004
Sold by
Hopton Thomas J and Hopton Linda K
Bought by
Stechly Tomasz and Stechly Miroslawa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,600
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2002
Sold by
Meritage Homes Of Arizona Inc
Bought by
Hopton Thomas J and Hopton Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,950
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schumacher Teneil $440,000 New Title Company Name
Berntsen Denise A $190,000 Lawyers Title Of Arizona Inc
Shaver Deborah N $276,000 Dhi Title Of Arizona Inc
Shaver Deborah N -- Dhi Title Of Arizona Inc
Stechly Tomasz $189,500 Fidelity National Title
Hopton Thomas J $172,618 First American Title
Meritage Homes Of Arizona Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schumacher Teneil $352,000
Previous Owner Shaver Deborah N $166,000
Previous Owner Shaver Deborah N $166,000
Previous Owner Stechly Tomasz $151,600
Previous Owner Hopton Thomas J $163,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $440,000 +1.1% $329 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
12/01/2021 12/01/21 For Sale $435,000 -- $325 / 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 $1,992 $25,919 -- --
2024 $1,950 $24,685 -- --
2023 $1,950 $32,600 $6,520 $26,080
2022 $1,882 $24,070 $4,810 $19,260
2021 $1,972 $23,060 $4,610 $18,450
2020 $1,963 $21,350 $4,270 $17,080
2019 $1,888 $19,860 $3,970 $15,890
2018 $1,828 $18,420 $3,680 $14,740
2017 $1,735 $17,910 $3,580 $14,330
2016 $1,672 $18,330 $3,660 $14,670
2015 $1,620 $17,700 $3,540 $14,160
Source: Public Records

Agents Affiliated with this Home

  • Carey Kolb

    Seller's Agent in 2022

    Carey Kolb

    Keller Williams Integrity First

    (480) 809-5759

    3 in this area

    297 Total Sales

    Carey Kolb
    Section Image
  • Becky Kolb

    Seller Co-Listing Agent in 2022

    Becky Kolb

    Keller Williams Integrity First

    (480) 440-0849

    1 in this area

    76 Total Sales

    Becky Kolb
    Section Image

  • M

    Buyer's Agent in 2022

    Mike Holt

    Real Broker

    Section Image

  • M

    Buyer's Agent in 2022

    Michael Holt

    HomeSmart

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6326852

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-640

Arizona Maricopa County Chandler 85248 Ocotillo

1870 W Olive Way, Chandler, AZ

This home is located at 1870 W Olive Way, Chandler, AZ 85248 since 01 December 2021 and is currently estimated at $473,581, approximately $353 per square foot. This property was built in 2002. 1870 W Olive Way is a home located in Maricopa County with nearby schools including Jacobson Elementary School, Hamilton High School, and Bogle Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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