NOT LISTED FOR SALE

2020 W Olive Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $508,284 - $540,000

3 Beds
2.5 Baths
2,137 Sq Ft
$247/Sq Ft Est. Value

Highlights

  • Gated Community
  • Community Pool
  • Eat-In Kitchen
  • Jacobson Elementary School Rated A
  • Covered Patio or Porch
  • Double Vanity

About This Home

As of June 2018

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.

Last Agent to Rent the Property

Dennis Strobehn

Marsh Management & Real Estate License #BR633824000 Listed on: 05/17/2018

Last Renter's Agent

Krzysztof Okolita

Real Broker License #SA671773000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,826

Year Built

  • Built in 2003

Lot Details

  • 4,095 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,137 Sq Ft Home
  • 2-Story Property

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • John Jacobs Elementary School
  • Bogle Junior High School
  • Hamilton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 6/11/18
  • 12-Month Minimum Lease Term
  • Tax Lot 49
  • Assessor Parcel Number 303-48-665

Community Details

Overview

  • Property has a Home Owners Association
  • Premier Association, Phone Number (480) 704-2900
  • Montefino Village Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,826

Year Built

Built in 2003

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Other
  • Available Date: 2018-06-11

Listing Details

  • Cross Street: ALMA SCHOOL & OCOTILLO
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2003
  • Rental Info H O A Name: PREMIER
  • Non Assistive Animals: Call
  • Rental Info Rental Tax Percent: 1.5
  • Lease Term Minimum Lease Term Months: 12
  • Directions: West on Ocotillo past golf course, north on SW Jacaranda Way, south on Jojoba to complex, west on Olive to first drive.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: MONTEFINO VILLAGE
  • Property Attached Yn: No
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2137.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Pool
  • Association Name: PREMIER
  • Phone: 480-704-2900
  • Association: Yes
  • Pets Allowed: Call

Schools

  • Elementary School: John Jacobs Elementary School
  • High School: Hamilton High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Lot Size Sq Ft: 4095.0
  • Parcel #: 303-48-665

Building Info

  • Builder Name: N/A

Tax Info

  • Tax Book Number: 303.00
  • Tax Lot: 49
  • Tax Map Number: 48.00

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
$527,821

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
$136,670

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:

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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 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 -- --
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 $1,826 $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

    Landlord's Agent in 2018

    Dennis Strobehn

    Marsh Management & Real Estate

    (480) 345-1590

    12 Total Sales

    Dennis Strobehn
    Section Image
  • Krzysztof Okolita

    Tenant's Agent in 2018

    Krzysztof Okolita

    Real Broker

    (480) 722-9800

    1 in this area

    302 Total Sales

    Krzysztof Okolita
    Section Image

  • L

    Buyer's Agent in 2016

    Laurelen Smolik

    Valley King Properties, LLC

    (480) 945-1111

    4 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

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5767481

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-665

Arizona Maricopa County Chandler 85248 Ocotillo

2020 W Olive Way, Chandler, AZ

This home is located at 2020 W Olive Way, Chandler, AZ 85248 since 17 May 2018 and is currently priced at $527,821. This property was built in 2003. 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.

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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