NOT LISTED FOR SALE

1966 W Olive Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $524,000 - $573,000

4 Beds
2.5 Baths
2,137 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $340,000 $159 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,322/month

164 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Community Pool
  • Jacobson Elementary School Rated A
  • Vaulted Ceiling
  • Tennis Courts

About This Home

As of May 2020

This home is located in the desirable gated community of Montefino Village. It is resort living at its finest! You can walk to the pool, spa, & clubhouse for your convenience. Located close to the premier Ocotillo Village Club that allows you to pause your membership for seasonal visitors. Being part of the Ocotillo Community you can enjoy discounts for both the Ocotillo Golf Course and dining at the Clubhouse. It has close access to shopping, restaurants and freeways. This home shows like a model, with beautiful curb appeal. Front yard maintenance is included in the HOA. The master bedroom has a balcony & views of the Ocotillo golf course! The private low maintenance backyard, is landscaped to perfection. It also has an extended patio. Don't miss this home!

Last Agent to Sell the Property

Helene Alber

West USA Realty License #SA529247000 Listed on: 10/15/2019

West USA Realty

Last Buyer's Agent

Sandy Ranger

HomeSmart License #SA530625000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,945

Year Built

  • Built in 2002

Lot Details

  • 2,137 Sq Ft Lot
  • Cul-De-Sac
  • Desert faces the back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,137 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 303-48-656

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint
  • Aam,Llc Association, Phone Number (602) 957-9191
  • Premier Mqt. Association, Phone Number (480) 704-2900
  • Association Phone (480) 704-2900
  • Built by Meritage
  • Montefino Village Subdivision, Golf View! Floorplan
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,945

Year Built

Built in 2002

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Cross Street: Alma School/Ocotillo
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Premier Mqt.
  • HOA #2 Phone Number: 480-704-2900
  • HOA #2 Transfer Fee: 129.0
  • 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: 274.04
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Tax Year: 2019
  • Directions: West on Ocotillo, past Ocotillo Golf Course, Right on Jacaranda Pkwy, Left into Montefino Village through gate. Left to first driveway, house on right.
  • Master Model: Golf View!
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: Montefino Village
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 210.54
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Other, See Remarks, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2137.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Cul-De-Sac
  • Pool Features: None
  • Disclosures: 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:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Other7: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Gated, Community Spa, Community Spa Htd, Community Pool, Tennis Court(s)
  • Association #2 Fee: 63.5
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 210.54
  • Association Fee Frequency: Monthly
  • Association: Premier Mqt.
  • Association Name: AAM,LLC
  • Association Phone #2: 480-704-2900
  • Phone: 602-957-9191
  • 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: AAM,LLC
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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: 2137.0
  • Parcel #: 303-48-656

Building Info

  • Builder Name: Meritage

Tax Info

  • Tax Annual Amount: 2945.0
  • Tax Book Number: 303.00
  • Tax Lot: 40
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Apr 27, 2020
Sold by
Robertson Jo L and Robertson William F
Bought by
Olatunji Ayodele
Seller's Agent
Helene Alber
West USA Realty
Buyer's Agent
Sandy Ranger
HomeSmart
List Price
$370,000
Sold Price
$340,000
Premium/Discount to List
-$30,000
-8.11%
Current Estimated Value
$544,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,860
Avg. Annual Appreciation
9.30%
Original Mortgage
$333,841
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2010
Sold by
Robertson William and Robertson Jo Lynne
Bought by
Robertson Jo L and Robertson William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,750
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2006
Sold by
Valcamp Sean
Bought by
Robertson William and Robertson Jo Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
6.44%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 7, 2002
Sold by
Shenton Leslie O
Bought by
Valcamp Sean

Purchase Details

Closed on
Jan 14, 2002
Sold by
Meritage Homes Of Arizona Inc
Bought by
Valcamp Sean
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
Olatunji Ayodele $340,000 American Title Svc Agcy Llc
Robertson Jo L -- The Talon Group Tempe Supers
Robertson William $375,000 Security Title Agency Inc
Valcamp Sean -- First American Title
Valcamp Sean $217,275 First American Title
Meritage Homes Of Arizona Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olatunji Ayodele $333,841
Previous Owner Robertson Jo L $195,750
Previous Owner Robertson William $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Sold $340,000 -5.6% $159 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
11/17/2019 11/17/19 Price Changed $360,000 -2.7% $168 / Sq Ft
10/15/2019 10/15/19 For Sale $370,000 0.0% $173 / Sq Ft
01/19/2018 01/19/18 Rented $1,695 0.0% --
01/13/2018 01/13/18 Under Contract -- -- --
12/15/2017 12/15/17 For Rent $1,695 +11.1% --
01/03/2017 01/03/17 Rented $1,525 -4.4% --
12/12/2016 12/12/16 For Rent $1,595 -0.3% --
07/29/2015 07/29/15 Rented $1,600 0.0% --
07/27/2015 07/27/15 Under Contract -- -- --
07/25/2015 07/25/15 For Rent $1,600 -- --
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 $1,892 $34,164 -- --
2024 $2,570 $32,538 -- --
2023 $2,570 $39,900 $7,980 $31,920
2022 $2,480 $29,530 $5,900 $23,630
2021 $2,600 $28,630 $5,720 $22,910
2020 $2,588 $27,170 $5,430 $21,740
2019 $2,945 $25,770 $5,150 $20,620
2018 $2,861 $24,280 $4,850 $19,430
2017 $2,792 $24,020 $4,800 $19,220
2016 $2,721 $25,400 $5,080 $20,320
2015 $2,207 $24,400 $4,880 $19,520
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Helene Alber

    West USA Realty

    (480) 390-8622

    1 in this area

    14 Total Sales

    Helene Alber
    Section Image
  • Sandy Ranger

    Buyer's Agent in 2020

    Sandy Ranger

    HomeSmart

    (480) 206-3515

    2 in this area

    62 Total Sales

    Sandy Ranger
    Section Image

  • T

    Seller's Agent in 2018

    Timothy Plummer

    Keller Williams Integrity First

    Section Image
  • Tiffany Plummer

    Seller Co-Listing Agent in 2018

    Tiffany Plummer

    Southwest Property Sales & Leasing

    (480) 295-6161

    35 Total Sales

    Tiffany Plummer
    Section Image

  • L

    Seller Co-Listing Agent in 2017

    Lisa Dezell

    Southwest Property Sales & Leasing

    (480) 330-1500

    35 Total Sales

    Lisa Dezell
    Section Image
  • Scott Brown

    Buyer's Agent in 2017

    Scott Brown

    Realty One Group

    (480) 272-2345

    94 Total Sales

    Scott Brown
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5992028

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-656

Arizona Maricopa County Chandler 85248 Ocotillo

1966 W Olive Way, Chandler, AZ

This home is located at 1966 W Olive Way, Chandler, AZ 85248 since 15 October 2019 and is currently estimated at $544,860, approximately $254 per square foot. This property was built in 2002. 1966 W Olive Way is a home located in Maricopa County with nearby schools including Jacobson Elementary School, Bogle Junior High School, and Hamilton 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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