NOT LISTED FOR SALE

2032 W Olive Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $462,902 - $540,000

2 Beds
2 Baths
1,311 Sq Ft
$384/Sq Ft Est. Value

Last Sold November 16, 2012

Last sale price $212,000 $162 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,825/month

122 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Reverse Osmosis System
  • Jacobson Elementary School Rated A
  • Outdoor Pool
  • Community Lake

About This Home

As of November 2012

Hard to find beautiful, single family Ocotillo home with private pool in Montefino Village gated community. Two bedrooms plus an office with open floorplan. Open great room concept. Kitchen has newer black appliances, corian counters, under counter and overhead accent lighting, and new stainless sink/faucet. New light fixtures at entry and dining area, shutters and wood blinds, ceiling fans, water softener and R/O system. All appliances and washer dryer are included. French doors to back patio with a beautiful pebbeltec pool with three water falls/features, fiber optic lighting, in floor cleaning system and cool decking around the pool and patio. Built in bbq grill with refrigerator, grill and sink. Patio set with fire pit. This is not a short sale or foreclosure. Won't last long!

Last Agent to Sell the Property

Peggy Young

RE/MAX Fine Properties License #SA628510000 Listed on: 06/03/2012

RE/MAX Fine Properties

Last Buyer's Agent

Sue Bentley

Real Broker License #BR041311000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,877

Year Built

  • Built in 2001

Lot Details

  • Private Streets
  • Block Wall Fence
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,311 Sq Ft Home
  • Formal Dining Room
  • Washer

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Anna Marie Jacobson Elementary School
  • Hamilton High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • $1,703 per year Dock Fee
  • Association fees include common area maintenance, front yard maint, garbage collection
  • Ocotillo HOA
  • Montefino Village HOA, Phone Number (480) 704-2900
  • Located in the Montefino Village master-planned community
  • Built by Meritage
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Fitness Center
  • Heated Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,877

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Tax Municipality: Chandler
  • Cross Street: Alma School and Ocotillo
  • Legal Info Lot Number: 51
  • Property Type: A
  • Unit Style: All on One Level
  • Technology: Cable TV Avail, High Speed Internet Available
  • Assessor Parcel Number: 667.00
  • Legal Description Abbrev: Montefino Village
  • Marketing Name: Montefino Village
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst
  • Architecture: Contemporary
  • Assessor Parcel Number: 303-48-667
  • Capital Improvement Impact Fee Dollar Percent: $
  • HOA #2 Fee: 62.50
  • HOA #2 Name: Ocotillo HOA
  • HOA #2 Paid Frequency: Monthly
  • HOA #2 Property Management Company Name: Premier Management
  • HOA #2 Phone Number: 480-704-2900
  • HOA #2 Transfer Fee: 150.00
  • HOA #2: Y
  • HOA Association Fee: 145.00
  • HOA Name: Montefino Village
  • HOA Paid Frequency: Monthly
  • HOA Property Manager Company Name: Premier Management
  • HOA Telephone: 480-704-2900
  • HOA Transfer Fee: 150.00
  • HOA Fees: Y
  • Total Monthly Fee Equivalent: 207.50
  • Association Rules: Pets OK (See Rmrks), Prof Managed
  • Construction Finish: Painted, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 22RDP2G
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2010
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2010
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2009
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2011
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2008
  • Map Code Grid: U38
  • Primary Bathroom Type: Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Planned Comm Name: Montefino Village
  • Price per Sq Ft: 161.70
  • Property Group Id: 19990816212109142258000000
  • Year Built: 2001
  • Tax Year: 2011
  • Directions: West on Ocotillo Road past Ocotillo Golf Resort, right on Jacaranda Pkwy, left into Montefino Village, through gate, right on Olive Way, home on right
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: Water Softener Owned
  • Bedrooms: 2
  • Bedrooms Plus: 2.00
  • Bathrooms: 2.00
  • Laundry: Washer Included
  • Flooring: Carpet, Tile
  • Fireplace: No Fireplace
  • Dining Area: Breakfast Bar, Formal
  • Estimated Lot Sq Ft: 4370.00
  • Estimated Sq Ft: 1311.00
  • Kitchen Features: Built-in Microwave, Dishwasher, Disposal, Non-laminate Counter, Pantry, Range/Oven Elec, Refrigerator, Reverse Osmosis
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Pool: Both Private & Community
  • Landscaping: Grass Front, Gravel/Stone Back, Yrd Wtring Sys Front
  • Roofing: Tile
  • Fencing: Block
  • Construction: Frame - Wood
  • Exterior Features: Built-in BBQ, Covered Patio(s), Patio, Private Street(s), Pvt Yrd(s)/Crtyrd(s)
  • Pool Private: Heated, Private

Utilities

  • Water: City Water
  • Utilities: SRP, SW Gas
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas

Condo/Co-op/Association

  • Services: City Services
  • Community Features: Biking/Walking Path, Clubhouse/Rec Room, Community Pool Htd, Golf Course, Lake Subdivision, Workout Facility
  • Fee Include: Common Area Maint, Front Yard Maint, Garbage Collection

Schools

  • Elementary School: Anna Marie Jacobson Elementary School
  • High School: Hamilton High School
  • Elementary School: Anna Marie Jacobson Elementary School
  • High School: Hamilton High School

Building Info

  • Builder Name: Meritage

Tax Info

  • Taxes: 1703.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2012
Closed on
Nov 8, 2012
Sold by
Swanson Linda
Bought by
Swanson Arnie W
Seller's Agent
Peggy Young
RE/MAX Fine Properties
Buyer's Agent
Sue Bentley
Real Broker
List Price
$229,900
Sold Price
$212,000
Premium/Discount to List
-$17,900
-7.79%
Current Estimated Value
$503,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,476
Avg. Annual Appreciation
7.18%
Original Mortgage
$118,000
Outstanding Balance
$82,800
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$434,782

Purchase Details

Closed on
Jan 23, 2007
Sold by
Swanson Arnie W
Bought by
Swanson Arnie W and Gapinski Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2006
Sold by
Mcnab Patrick and Mcnab Susan L
Bought by
Swanson Arnie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2004
Sold by
Friend Daniel and Friend Kimberly
Bought by
Mcnab Patrick and Mcnab Susan L

Purchase Details

Closed on
Oct 1, 2003
Sold by
Reinhart Kimberly Joy
Bought by
Friend Daniel and Friend Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,100
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 30, 2003
Sold by
Reinhart Kimberly Joy
Bought by
Friend Daniel and Friend Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,100
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 1, 2002
Sold by
Meritage Homes Arizona Inc
Bought by
Reinhart Kimberly Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,900
Interest Rate
7.15%
Mortgage Type
New Conventional
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
Swanson Arnie W -- Magnus Title Agency
Kalapurakal John A $212,000 Magnus Title Agency
Swanson Arnie W -- None Available
Swanson Arnie W $290,000 Capital Title Agency Inc
Mcnab Patrick $190,000 Capital Title Agency Inc
Friend Daniel -- Nations Title Agency
Friend Daniel -- Nations Title Agency Of Az
Reinhart Kimberly Joy $171,155 Stewart Title & Trust
Meritage Homes Arizona Inc -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalapurakal John A $118,000
Previous Owner Swanson Arnie W $210,000
Previous Owner Friend Daniel $161,100
Previous Owner Reinhart Kimberly Joy $136,900
Closed Reinhart Kimberly Joy $25,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2012 11/16/12 Sold $212,000 -7.8% $162 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $229,900 +8.4% $175 / Sq Ft
06/12/2012 06/12/12 Off Market $212,000 -- --
06/03/2012 06/03/12 For Sale $229,900 -- $175 / 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 $1,877 $27,720 -- --
2024 $2,502 $26,400 -- --
2023 $2,502 $34,860 $6,970 $27,890
2022 $2,423 $25,770 $5,150 $20,620
2021 $2,490 $24,650 $4,930 $19,720
2020 $2,476 $22,830 $4,560 $18,270
2019 $2,019 $21,400 $4,280 $17,120
2018 $1,956 $19,700 $3,940 $15,760
2017 $1,842 $19,250 $3,850 $15,400
2016 $1,766 $19,770 $3,950 $15,820
2015 $1,719 $19,080 $3,810 $15,270
Source: Public Records

Agents Affiliated with this Home

  • Peggy Young

    Seller's Agent in 2012

    Peggy Young

    RE/MAX

    (480) 241-1040

    1 in this area

    129 Total Sales

    Peggy Young
    Section Image
  • Sue Bentley

    Buyer's Agent in 2012

    Sue Bentley

    Real Broker

    (480) 766-3953

    1 in this area

    58 Total Sales

    Sue Bentley
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4768767

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-667

Arizona Maricopa County Chandler 85248 Ocotillo

2032 W Olive Way, Chandler, AZ

This home is located at 2032 W Olive Way, Chandler, AZ 85248 since 03 June 2012 and is currently estimated at $503,476, approximately $384 per square foot. This property was built in 2001. 2032 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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