NOT LISTED FOR SALE

2020 W Olive Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $529,205 - $556,000

3 Beds
3 Baths
2,137 Sq Ft
$254/Sq Ft Est. Value

About This Home

Beautiful 2-story home in a gated community! 3 bedrooms, 2.5 baths, living room, family room, dining area, eat-in kitchen with island, spacious loft, pantry, refrigerator, neutral colors, patio, desert landscaping, 2 car garage & community pool. Gas & electric. HOA maintains front lawns. No smoking please. Sales tax will apply to monthly rent. Security deposit will equal at least one month's rent. Tenants must provide proof of Renter's Insurance prior to moving in.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2021
Sold by
Chowdhury Ajay and Batra Pankaj
Bought by
Alvarez Alejandro and Alvarez Cynthia Rebecca
Current Estimated Value
$543,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,250
Outstanding Balance
$413,851
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$129,450

Purchase Details

Closed on
Nov 24, 2003
Sold by
Meritage Homes Arizona Inc
Bought by
Chowdhury Ajay and Batra Pankaj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,550
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2003
Sold by
Batra Catherine
Bought by
Batra Pankaj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,550
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Alvarez Alejandro $475,000 Equity Title Agency Inc
Chowdhury Ajay $203,778 Stewart Title & Trust
Meritage Homes Arizona Inc -- Stewart Title & Trust
Batra Pankaj -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Alejandro $451,250
Previous Owner Chowdhury Ajay $166,300
Previous Owner Chowhury Ajay $234,000
Previous Owner Meritage Homes Arizona Inc $193,550
Previous Owner Batra Pankaj $193,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Rented $1,635 0.0% --
05/17/2018 05/17/18 For Rent $1,635 +10.8% --
03/02/2016 03/02/16 Rented $1,475 0.0% --
01/25/2016 01/25/16 Price Changed $1,475 -3.3% $1 / Sq Ft
01/19/2016 01/19/16 For Rent $1,525 +9.3% --
07/11/2014 07/11/14 Rented $1,395 -10.0% --
07/10/2014 07/10/14 Under Contract -- -- --
05/30/2014 05/30/14 For Rent $1,550 -- --

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 $1,826 $33,884 -- --
2024 $2,549 $32,270 -- --
2023 $2,549 $39,530 $7,900 $31,630
2022 $2,460 $29,270 $5,850 $23,420
2021 $2,586 $28,330 $5,660 $22,670
2020 $3,036 $26,850 $5,370 $21,480
2019 $2,929 $25,550 $5,110 $20,440
2018 $2,846 $24,150 $4,830 $19,320
2017 $2,778 $23,900 $4,780 $19,120
2016 $2,721 $25,230 $5,040 $20,190
2015 $2,620 $24,280 $4,850 $19,430
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Dennis Strobehn

    Marsh Management & Real Estate

    (480) 345-1590

    12 Total Sales

    Dennis Strobehn
    Section Image
  • Krzysztof Okolita

    Buyer's Agent in 2018

    Krzysztof Okolita

    Real Broker

    (480) 722-9800

    1 in this area

    305 Total Sales

    Krzysztof Okolita
    Section Image

  • L

    Buyer's Agent in 2016

    Laurelen Smolik

    Valley King Properties, LLC

    (480) 945-1111

    6 Total Sales

    Laurelen Smolik
    Section Image

  • P

    Seller's Agent in 2014

    Patrick Homer

    JK Realty

  • E

    Seller Co-Listing Agent in 2014

    Erica Cherry

    Rentals America

    (480) 374-5500

    Erica Cherry
    Section Image

  • F

    Buyer's Agent in 2014

    Festus Hamilton

    Stone River Realty

See All Agents

Map

Arizona Maricopa County Chandler 85248 Ocotillo

2020 W Olive Way, Chandler, AZ

This home is located at 2020 W Olive Way, Chandler, AZ 85248 and is currently estimated at $543,301, approximately $254 per square foot. 2020 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.

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