1876 W Olive Way Chandler, AZ 85248
Ocotillo NeighborhoodEstimated Value: $562,000 - $569,000
3
Beds
2
Baths
1,839
Sq Ft
$308/Sq Ft
Est. Value
Highlights
- Play Pool
- Gated Community
- Clubhouse
- Jacobson Elementary School Rated A
- Community Lake
- Vaulted Ceiling
About This Home
As of June 2016Beautiful 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
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
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%
Total Days on Market
88
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,454
Avg. Annual Appreciation
7.87%
Original Mortgage
$275,793
Outstanding Balance
$220,219
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$345,735
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $89,000 | |
| Open | Connors William M | $275,793 | |
| Previous Owner | Rives Ian E | $328,758 | |
| Previous Owner | Rives Ian E | $326,205 | |
| Previous Owner | Johnson Christopher D | $80,000 | |
| Previous Owner | Johnson Christopher D | $192,000 | |
| Previous Owner | Johnson Christopher D | $69,800 | |
| 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
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
-
Seller's Agent in 2016
Shirley Nichols
Platinum Service Realty
-
Christopher Orthmann
C
Buyer's Agent in 2016
Christopher Orthmann
HomeSmart
(480) 706-6130
-
Suzan Money
Seller's Agent in 2014
Suzan Money
HomeSmart
(480) 580-3711
2 Total Sales
-
Buyer's Agent in 2014
Arlene Day
eXp Realty
(480) 353-6400
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5391454
APN: 303-48-641
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.
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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