NOT LISTED FOR SALE

1876 W Olive Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $541,000 - $563,000

3 Beds
2 Baths
1,839 Sq Ft
$301/Sq Ft Est. Value

Last Sold June 09, 2016

Last sale price $285,500 $155 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,348/month

88 Days on Market

Highlights

  • Play Pool
  • Gated Community
  • Clubhouse
  • Jacobson Elementary School Rated A
  • Community Lake
  • Vaulted Ceiling

About This Home

As of June 2016

Beautiful Meritage 3 BR 2 bath 1839 sq ft home in gated community of Montefino Village is vacant and move-in ready with refrigerator, washer & dryer included. This is the largest single level split floorplan home in the community. Blinds and plantation shutters on the windows, rock gas fireplace with entertainment nook, lots of cherrywood cabinets in kitchen for storage, kitchen island,stainless appliances, glasstop elec stove. Tile is in all traffic areas, ceiling fans throughout. Master bath has separate shower a& tub, walkin closet. Back yard has a beautiful pebbletec pool with water feature, gas stub for BBQ. Community features a golf course with an HOA discount for golf, community pool and a gym. Front of home features partial pavered driveway, easy care grass and trees. A must see!!

Last Agent to Sell the Property

Shirley Nichols

Platinum Service Realty License #BR563370000 Listed on: 01/30/2016

Last Buyer's Agent

Christopher Orthmann

HomeSmart License #SA584260000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 2001

Lot Details

  • 6,627 Sq Ft Lot
  • Private Streets
  • Desert faces the back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,839 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

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

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 303-48-641

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint
  • Aam Association, Phone Number (800) 354-0257
  • Ocotillo Association, Phone Number (480) 704-2900
  • Association Phone (480) 704-2900
  • Built by Meritage Homes
  • Montefino Village Subdivision, Firenza Floorplan
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,070

Year Built

Built in 2001

Lot Details

0

HOA Fees

$202 per month

Parking

2

Listing Details

  • Cross Street: Ocotillo and Alma School
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Ocotillo
  • HOA #2 Phone Number: 480-704-2900
  • 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: 201.5
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Tax Year: 2015
  • Directions: W on Ocotillo past Clubhouse Dr., turn R on SW Jacaranda, turn left into Montefino Village entrance, left after going through gate to home.
  • Master Model: Firenza
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: Montefino Village
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 145.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1839.0
  • Stories: 1
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Builder
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Grass Front
  • Pool Features: Play Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, 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
  • 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, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Pool, Lake Subdivision, Clubhouse
  • Amenities: Management
  • Association #2 Fee: 56.5
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 145.0
  • Association Fee Frequency: Monthly
  • Association: Ocotillo
  • Association Name: Montefino Village
  • Association Phone #2: 480-704-2900
  • Phone: 800-354-0257
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Montefino Village
  • Association Fees:HOA Telephone4: 800-354-0257
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fees:HOA Paid Frequency 2: Monthly
  • 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: Maintenance Grounds, 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: 6627.0
  • Parcel #: 303-48-641
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Annual Amount: 2070.0
  • Tax Book Number: 303.00
  • Tax Lot: 25
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2016
Closed on
Jun 3, 2016
Sold by
Rives Ian E and Rives Fara M
Bought by
Connors William M and Connors Sharon L
Seller's Agent
Shirley Nichols
Platinum Service Realty
Buyer's Agent
Christopher Orthmann
HomeSmart
List Price
$314,900
Sold Price
$285,500
Premium/Discount to List
-$29,400
-9.34%
Current Estimated Value
$553,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,899
Avg. Annual Appreciation
7.66%
Original Mortgage
$275,793
Outstanding Balance
$220,219
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$347,502

Purchase Details

Closed on
Sep 11, 2008
Sold by
Johnson Christopher D
Bought by
Rives Ian E and Richkind Fara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,205
Interest Rate
6.51%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2003
Sold by
Johnson Judy Anne
Bought by
Johnson Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.89%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 5, 2001
Sold by
Meritage Homes Arizona Inc
Bought by
Johnson Judy Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,200
Interest Rate
6.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Connors William M $285,500 Magnus Title Agency
Rives Ian E $330,000 Chicago Title
Johnson Christopher D -- Ticor Title
Johnson Judy Anne $206,059 Stewart Title & Trust
Meritage Homes Arizona Inc -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connors William M $275,793
Previous Owner Rives Ian E $326,205
Previous Owner Johnson Christopher D $120,000
Previous Owner Johnson Judy Anne $144,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2016 06/09/16 Sold $285,500 -1.6% $155 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/26/2016 04/26/16 Price Changed $290,000 -3.3% $158 / Sq Ft
03/29/2016 03/29/16 Price Changed $299,900 -2.6% $163 / Sq Ft
03/18/2016 03/18/16 Price Changed $307,900 -0.4% $167 / Sq Ft
02/24/2016 02/24/16 Price Changed $309,000 -1.9% $168 / Sq Ft
01/30/2016 01/30/16 For Sale $314,900 0.0% $171 / Sq Ft
10/14/2014 10/14/14 Rented $1,800 0.0% --
10/14/2014 10/14/14 Under Contract -- -- --
09/12/2014 09/12/14 For Rent $1,800 -- --
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 $2,541 $33,067 -- --
2024 $2,488 $31,492 -- --
2023 $2,488 $40,060 $8,010 $32,050
2022 $2,401 $29,750 $5,950 $23,800
2021 $2,516 $28,650 $5,730 $22,920
2020 $2,505 $26,910 $5,380 $21,530
2019 $2,409 $25,300 $5,060 $20,240
2018 $2,333 $23,500 $4,700 $18,800
2017 $2,218 $23,200 $4,640 $18,560
2016 $2,126 $24,280 $4,850 $19,430
2015 $2,070 $23,350 $4,670 $18,680
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Shirley Nichols

    Platinum Service Realty

    Section Image
  • Suzan Money

    Seller's Agent in 2014

    Suzan Money

    HomeSmart

    (480) 580-3711

    2 Total Sales

    Suzan Money
    Section Image

  • A

    Buyer's Agent in 2014

    Arlene Day

    eXp Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5391454

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-641

Arizona Maricopa County Chandler 85248 Ocotillo

1876 W Olive Way, Chandler, AZ

This home is located at 1876 W Olive Way, Chandler, AZ 85248 since 30 January 2016 and is currently estimated at $553,399, approximately $300 per square foot. This property was built in 2001. 1876 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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