NOT LISTED FOR SALE

1942 W Olive Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $481,000 - $501,000

3 Beds
2 Baths
1,338 Sq Ft
$369/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $465,000 $348 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,216/month

3 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Community Lake
  • Jacobson Elementary School Rated A
  • Gated Community
  • Wood Flooring

About This Home

As of February 2023

WOW! Fantastic Ocotillo location, 100% move-in-ready 3 bedroom, single level, home with no neighbors behind. Perfect lock & leave community with pool, spa, gym, lakes, tennis/pickle ball & club house! Gated neighborhood too! Great room opens to Kitchen/Dining area with wood floors, stainless steel appliances, granite countertops, breakfast bar, & pantry. Privacy wood shutters on most windows! Double French Doors lead to the back patio with stamped concrete & beautiful green landscaping. Add a high-top patio table for golf views over the fence while relaxing. Two car garage with storage & water softener! 2022 New Roof with Transferable Warranty! Walk to Ocotillo Golf Club/Restaurant, minutes to Downtown Ocotillo restaurants, Village Health Club, Chandler Mall, I-10, 101, & 202 Freeways!

Last Agent to Sell the Property

Henry Wang

eXp Realty License #SA552646000 Listed on: 01/26/2023

eXp Realty

Co-Listed By

Kristen Amen

Real Broker License #SA657979000

Last Buyer's Agent

Christian Hill

Real Broker License #SA690803000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,254

Year Built

  • Built in 2002

Lot Details

  • 3,620 Sq Ft Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Roof Updated in 2022
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,338 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet

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

  • Covered patio or porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 303-48-652

Community Details

Overview

  • Association fees include ground maintenance, (see remarks), street maintenance, front yard maint
  • Premier Mgmt Association, Phone Number (480) 704-2900
  • Premier Association, Phone Number (480) 700-4290
  • Association Phone (480) 700-4290
  • Built by Meritage Homes
  • Montefino Village Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,254

Year Built

Built in 2002

Lot Details

0

HOA Fees

$293 per month

Parking

2

Listing Details

  • Cross Street: Alma School/Ocotillo
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Premier
  • HOA #2 Phone Number: 480-7004-2900
  • 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: 292.86
  • Basement: N
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2022
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2022
  • Directions: From Alma, go west on Ocotillo. North into Jacaranda Pkwy, South on Jojoba Way. Through gate, and take left (east) to second driveway on left (north side of road). #1942
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.08
  • Co List Office Mls Id: xpre18
  • Co List Office Phone: 480-722-9800
  • Subdivision Name: MONTEFINO VILLAGE
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 216.86
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, See Remarks, Master Downstairs, Breakfast Bar, Soft Water Loop, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1338.0
  • Stories: 1
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • 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: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • 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, Community Spa Htd, Community Pool, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association #2 Fee: 228.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 216.86
  • Association Fee Frequency: Monthly
  • Association: Premier
  • Association Name: Premier Mgmt
  • Association Phone #2: 480-7004-2900
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Premier Mgmt
  • Association Fees:HOA Telephone4: 480-704-2900
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 433.72
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Disclosure Fees HOA 2: 190.0
  • Association Fees:PAD Fee2: 62.0
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other (See Remarks), 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: 3620.0
  • Parcel #: 303-48-652
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Annual Amount: 2254.0
  • Tax Book Number: 303.00
  • Tax Lot: 36
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 28, 2023
Sold by
Jacobson William E
Bought by
Heun Brian John and Heun Cherryl
Seller's Agent
Henry Wang
eXp Realty
Buyer's Agent
Christian Hill
Real Broker
List Price
$465,000
Sold Price
$465,000
Total Days on Market
3
Views
60
Current Estimated Value
$493,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,712
Avg. Annual Appreciation
2.64%
Original Mortgage
$372,000
Outstanding Balance
$362,738
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$130,974

Purchase Details

Closed on
Jul 28, 2010
Sold by
Mehan Michael and Mehan Kristine
Bought by
Jacobson William E

Purchase Details

Closed on
Apr 5, 2005
Sold by
Saunders Katie J
Bought by
Mehan Michael and Mehan Kristine

Purchase Details

Closed on
Aug 13, 2002
Sold by
Meritage Homes Arizona Inc
Bought by
Saunders Katie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,752
Interest Rate
6.52%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in the area

  • 2134 W Peninsula Cir, Chandler, AZ 85248

    $550,000

    • 3 Beds
    • 2.5 Baths
    • 1,613 Sq Ft
    • 2134 W Peninsula Cir
    • Chandler, AZ

    Looking for a waterfront home in a secure and scenic setting? Welcome to Peninsula at Ocotillo - a gated community where charm, comfort, and convenience meet. This 3-bedroom, 2.5-bath home sits in a prime lakeside location and has so much to offer. Step into the kitchen and you'll find granite slab counters, a Bosch dishwasher, a stainless side-by-side fridge, and super functional pull-outs in

    Kirsten Myers RE/MAX Fine Properties

    Section Image
  • 23602 S Desert Dance Ct, Sun Lakes, AZ 85248

    $487,500

    • 2 Beds
    • 3 Baths
    • 1,810 Sq Ft
    • 23602 S Desert Dance Ct
    • Sun Lakes, AZ

    Beautifully maintained 2-BR, 3-BA home is ideally located on a peaceful cul-de-sac. Featuring 2 spacious master suites, a versatile den, and a dedicated office space with ample storage, this home offers comfort and flexibility for any lifestyle. The large laundry room adds to the convenience. Enjoy the extended garage—perfect for your golf cart—with a separate side entrance for easy access. The

    Charlotte Young Realty ONE Group

    Section Image
  • 10343 E Cherrywood Ct, Sun Lakes, AZ 85248

    $499,000

    • 2 Beds
    • 2 Baths
    • 1,624 Sq Ft
    • 10343 E Cherrywood Ct
    • Sun Lakes, AZ

    COMES FULLY FURNISHED! Rare turnkey Home in Sun Lakes! Tucked away on a peaceful cul-de-sac, this popular Spyglass model offers 2 bedrooms, 2 baths, 2-car garage, low maintenance landscaping and covered patio. Inside you'll find a desirable open floor plan with neutral tones, plantation shutters, and tile flooring in the main areas, and plush carpeting in the bedrooms. The kitchen features

    Charlotte Young Realty ONE Group

    Section Image
  • 24832 S Boxwood Dr, Sun Lakes, AZ 85248

    $449,500

    • 2 Beds
    • 2 Baths
    • 1,540 Sq Ft
    • 24832 S Boxwood Dr
    • Sun Lakes, AZ

    OPEN & BRIGHT Solano Model w/POOL on Private Lot in the GATED Adult Community of IRONWOOD. 2 BED + 2 BATH, Tile & Wood Laminate floors in Main Areas, Vaulted Ceilings, Shutters, 2024 NEW BASEBOARDS & INTERIOR PAINT. 2020 AC. Entry into the VERSATILE FRONT ROOM that can be as Living/Dining Room. The FAMILY ROOM opens to the Kitchen w/ Plenty of Storage, Breakfast Bar, Dining Nook & PANTRY. The

    Charlotte Young Realty ONE Group

    Section Image
  • 1821 S Navajo Way, Chandler, AZ 85286

    $530,000

    • 3 Beds
    • 2 Baths
    • 1,454 Sq Ft
    • 1821 S Navajo Way
    • Chandler, AZ

    Don't miss this beautifully updated gem nestled on a desirable corner lot in the heart of Chandler! Surrounded by mature trees and lush landscaping, this home offers fantastic curb appeal and a welcoming first impression.Step inside to soaring ceilings and an open-concept great room with stunning ceramic plank flooring throughout. The kitchen is a chef's dream—complete with granite countertops,

    Braden Johnson Limitless Real Estate

    Section Image
  • 1882 W Wildhorse Dr, Chandler, AZ 85286

    $570,000

    • 3 Beds
    • 2 Baths
    • 1,661 Sq Ft
    • 1882 W Wildhorse Dr
    • Chandler, AZ

    Fabulous Chandler location just south of the 202, the opportunity to own in this sought after neighborhood is here! And offered at among the lowest per square foot price in Pecos Ranch. Comfortable floor plan and relaxing, resort style yard is everything you need to create the lifestyle you crave. From the updated kitchen, baths, flooring, and A/C to the easy care landscaping, this move in ready

    Sharyn Younger Copper Summit Real Estate LLC

    Section Image
  • 1231 W Hawken Way, Chandler, AZ 85286

    $550,000

    • 3 Beds
    • 2 Baths
    • 1,993 Sq Ft
    • 1231 W Hawken Way
    • Chandler, AZ

    Welcome to this stunning home nestled in the sought-after Carrizal neighborhood! Fresh interior paint gives the entire space a crisp, modern feel. The open great room floor plan seamlessly connects the living area with the kitchen & dining space — perfect for entertaining guests or relaxing w/ family. The kitchen is a chef's dream, boasting abundant wood cabinetry, sleek stainless steel

    Byron Applegate Applegate Homes Realty

    Section Image
  • 1106 S Fresno Ct, Chandler, AZ 85286

    $449,900

    • 3 Beds
    • 2 Baths
    • 1,421 Sq Ft
    • 1106 S Fresno Ct
    • Chandler, AZ

    This original-owner home is located at the end of a cul-de-sac and offers 3 bedrooms and 2 full baths in 1421 SqFt. The floor plan features an open great room layout and split bedrooms. The kitchen has recessed lighting, newer countertops, stainless appliances including a range with double ovens, tile backsplash, a walk-in pantry, and an island with breakfast bar. Sliding doors lead out to the

    Beth Rider Keller Williams Arizona Realty

    Section Image
  • 2111 E Yellowstone Place, Chandler, AZ 85249

    $625,000

    • 3 Beds
    • 2 Baths
    • 1,723 Sq Ft
    • 2111 E Yellowstone Place
    • Chandler, AZ

    3 bedroom/2 bathroom, 1,723 sqft on a corner lot with SWIMMING POOL in Cooper Commons. This single-level, split floor plan home with a 2 car garage plus na RV gate has been well-maintained and features newer laminate flooring in the kitchen and Great Room, stainless steel appliances, exterior paint (2024), and Tuff Shed. Backyard Updates include a travertine pool deck and patio, synthetic turf,

    Daniel Birk Realty Executives

    Section Image
See All Homes in Chandler

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Heun Brian John $465,000 Infinity Title
Jacobson William E $185,000 Fidelity Natl Title Ins Co
Mehan Michael $275,000 First American Title Ins Co
Saunders Katie J $157,752 Stewart Title & Trust
Meritage Homes Arizona Inc -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heun Brian John $372,000
Previous Owner Mehan Michael T $39,200
Previous Owner Mehan Michael $222,400
Previous Owner Saunders Katie J $157,119
Previous Owner Saunders Katie J $157,752
Closed Saunders Katie J $19,719
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $465,000 0.0% $348 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $465,000 -- $348 / 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 $1,982 $25,792 -- --
2024 $1,941 $18,740 -- --
2023 $1,941 $32,450 $6,490 $25,960
2022 $2,254 $23,960 $4,790 $19,170
2021 $2,317 $22,950 $4,590 $18,360
2020 $2,304 $21,230 $4,240 $16,990
2019 $2,223 $19,750 $3,950 $15,800
2018 $2,160 $18,330 $3,660 $14,670
2017 $2,071 $17,820 $3,560 $14,260
2016 $1,994 $18,250 $3,650 $14,600
2015 $1,921 $17,620 $3,520 $14,100
Source: Public Records

Agents Affiliated with this Home

  • Henry Wang

    Seller's Agent in 2023

    Henry Wang

    eXp Realty

    (480) 221-3112

    39 in this area

    278 Total Sales

    Henry Wang
    Section Image
  • Kristen Amen

    Seller Co-Listing Agent in 2023

    Kristen Amen

    Real Broker

    (480) 231-7051

    27 in this area

    99 Total Sales

    Kristen Amen
    Section Image

  • C

    Buyer's Agent in 2023

    Christian Hill

    Real Broker

    (602) 761-4600

    2 in this area

    35 Total Sales

    Christian Hill
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6512330

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-652

Arizona Maricopa County Chandler 85248 Ocotillo

1942 W Olive Way, Chandler, AZ

This home is located at 1942 W Olive Way, Chandler, AZ 85248 since 26 January 2023 and is currently estimated at $493,712, approximately $368 per square foot. This property was built in 2002. 1942 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

Nearby Homes