1961 W Olive Way Chandler, AZ 85248
Ocotillo Neighborhood
4
Beds
3
Baths
2,581
Sq Ft
4,265
Sq Ft Lot
Highlights
- Golf Course Community
- Clubhouse
- Corner Lot
- Jacobson Elementary School Rated A
- Wood Flooring
- Community Pool
About This Home
As of April 2022This home features a huge master bedroom with a sitting room off the master suite over looking the water, community pool, fitness center, Jacuzzi, and clubhouse.
The design team then renewed the home with fresh interior paint. This home is located on a low maintenance corner lot backing up to a small pond and the community pool. There is an office and bedroom downstairs, along with a huge loft splitting the bedrooms upstairs. There is wood and tile flooring in the main living areas. The kitchen has upgraded cabinets and stainless steel appliances. There is flagstone in the backyard and there is an epoxy floor finish in the garage.
Last Agent to Sell the Property
Jacqueline Moore
Opendoor Brokerage, LLC License #SA662341000 Listed on: 08/20/2015
Last Buyer's Agent
Thomas A. Burt
Home Brokers Realty, Inc. License #BR006249000
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,544
Year Built
- Built in 2004
Lot Details
- 4,265 Sq Ft Lot
- Block Wall Fence
- Corner Lot
- Grass Covered Lot
HOA Fees
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 2,581 Sq Ft Home
- 2-Story Property
Kitchen
- Eat-In Kitchen
- Kitchen Island
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- 3 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
- Refrigerated Cooling System
- Heating Available
Listing and Financial Details
- Tax Lot 117
- Assessor Parcel Number 303-48-733
Community Details
Overview
- Association fees include ground maintenance
- Premier Community Association, Phone Number (602) 957-9191
- Ocotillo Association, Phone Number (480) 704-2900
- Association Phone (480) 704-2900
- Built by Meritage Homes
- Montefino Village Subdivision
Amenities
- Clubhouse
- Recreation Room
Recreation
- Golf Course Community
- Community Pool
- Community Spa
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2022
Closed on
Mar 28, 2022
Sold by
Ganesh Rajagopalan
Bought by
Theodore And Geraldine Reed 2008 Trust
Seller's Agent
Randy Courtney
Weichert, Realtors - Courtney Valleywide
Buyer's Agent
Laurie Parent
AH Properties
List Price
$625,000
Sold Price
$626,000
Premium/Discount to List
$1,000
0.16%
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
-$25,781
Avg. Annual Appreciation
-1.35%
Original Mortgage
$469,500
Outstanding Balance
$443,033
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$155,438
Purchase Details
Listed on
Aug 20, 2015
Closed on
Dec 28, 2015
Sold by
Kumar Rajyashree
Bought by
Rajagopalan Ganesh
Seller's Agent
Jacqueline Moore
Opendoor Brokerage, LLC
Buyer's Agent
Thomas A. Burt
Home Brokers Realty, Inc.
List Price
$335,000
Sold Price
$329,000
Premium/Discount to List
-$6,000
-1.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$263,200
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 5, 2015
Sold by
Opendoor Homes Phoenix Llc
Bought by
Rajagopalan Ganesh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2015
Sold by
Stechly Tomasz and Stechly Miroslawa
Bought by
Opendoor Phoenix Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,750
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 9, 2015
Sold by
Opendoor Phoenix Llc
Bought by
Opendoor Homes Phoenix Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,750
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 22, 2004
Sold by
Meritage Homes Arizona Inc
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
$183,050
Interest Rate
5.64%
Mortgage Type
New Conventional
Similar Homes in Chandler, AZ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $626,000 | Magnus Title | |
| Interfamily Deed Transfer | -- | Fidelity Natl Title Agency | |
| Warranty Deed | $329,000 | Fidelity Natl Title Agency | |
| Cash Sale Deed | $329,000 | Fidelity Natl Title Agency | |
| Quit Claim Deed | -- | Fidelity Natl Title Agency | |
| Special Warranty Deed | $228,870 | Stewart Title & Trust | |
| Special Warranty Deed | -- | Stewart Title & Trust |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $469,500 | New Conventional | |
| Closed | $469,500 | New Conventional | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $263,200 | New Conventional | |
| Previous Owner | $246,750 | Purchase Money Mortgage | |
| Previous Owner | $163,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $183,050 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2023 07/19/23 | Rented | $2,895 | 0.0% | -- |
| 07/17/2023 07/17/23 | Under Contract | -- | -- | -- |
| 06/03/2023 06/03/23 | For Rent | $2,895 | 0.0% | -- |
| 06/15/2022 06/15/22 | Rented | $2,895 | 0.0% | -- |
| 06/01/2022 06/01/22 | Under Contract | -- | -- | -- |
| 05/09/2022 05/09/22 | For Rent | $2,895 | 0.0% | -- |
| 05/09/2022 05/09/22 | Price Changed | $2,895 | +3.6% | $1 / Sq Ft |
| 05/08/2022 05/08/22 | Under Contract | -- | -- | -- |
| 05/04/2022 05/04/22 | Price Changed | $2,795 | -3.5% | $1 / Sq Ft |
| 04/29/2022 04/29/22 | Price Changed | $2,895 | -3.3% | $1 / Sq Ft |
| 04/26/2022 04/26/22 | Price Changed | $2,995 | -3.4% | $1 / Sq Ft |
| 04/20/2022 04/20/22 | Price Changed | $3,100 | -5.9% | $1 / Sq Ft |
| 04/16/2022 04/16/22 | For Rent | $3,295 | 0.0% | -- |
| 04/15/2022 04/15/22 | Sold | $626,000 | +0.2% | $243 / Sq Ft |
| 03/13/2022 03/13/22 | Pending | -- | -- | -- |
| 03/01/2022 03/01/22 | For Sale | $625,000 | +90.0% | $242 / Sq Ft |
| 01/29/2016 01/29/16 | Sold | $329,000 | -1.5% | $127 / Sq Ft |
| 11/19/2015 11/19/15 | Price Changed | $334,000 | -0.3% | $129 / Sq Ft |
| 08/20/2015 08/20/15 | For Sale | $335,000 | -- | $130 / Sq Ft |
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 | $2,255 | $24,509 | -- | -- |
| 2024 | $3,301 | $23,342 | -- | -- |
| 2023 | $3,301 | $42,760 | $8,550 | $34,210 |
| 2022 | $3,197 | $31,600 | $6,320 | $25,280 |
| 2021 | $2,847 | $30,780 | $6,150 | $24,630 |
| 2020 | $2,839 | $29,370 | $5,870 | $23,500 |
| 2019 | $2,769 | $28,400 | $5,680 | $22,720 |
| 2018 | $2,681 | $27,010 | $5,400 | $21,610 |
| 2017 | $2,610 | $26,870 | $5,370 | $21,500 |
| 2016 | $2,597 | $28,800 | $5,760 | $23,040 |
| 2015 | $2,529 | $26,900 | $5,380 | $21,520 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Laurie Parent
AH Properties
(602) 863-1500
1 in this area
39 Total Sales
-
Seller's Agent in 2022
Randy Courtney
Weichert, Realtors - Courtney Valleywide
(602) 615-6500
8 in this area
297 Total Sales
-
K
Buyer's Agent in 2022
Kaye Nelson
Howe Realty
(602) 909-6513
89 Total Sales
-
J
Seller's Agent in 2016
Jacqueline Moore
Opendoor Brokerage, LLC
-
L
Seller Co-Listing Agent in 2016
Lisa Soltesz
Opendoor Brokerage, LLC
-
T
Buyer's Agent in 2016
Thomas A. Burt
Home Brokers Realty, Inc.
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5323932
APN: 303-48-733
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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