NOT LISTED FOR SALE

2033 W Olive Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $615,000 - $713,844

4 Beds
3 Baths
2,712 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $617,000 $228 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,996/month

70 Days on Market

Highlights

  • Golf Course Community
  • Private Pool
  • Community Lake
  • Jacobson Elementary School Rated A
  • Gated Community
  • Vaulted Ceiling

About This Home

As of June 2023

It's not often a home in this beautiful, gated community comes on market. With over 2700 sq ft, 4 oversized bedrooms, 3 full baths, and large loft you'll find this home has tons of space, Downstairs you'll enjoy the vaulted ceilings, open floor plan, and spacious kitchen with upgraded stainless steel appliances.
As we head into summer you will enjoy the low-maintenance backyard complete with a sparkling pool and above-ground spa. Lots of green space and vegetation make this your own private retreat!
Enjoy all that Ocotillo and Montefino Village has to offer, top-ranked schools, an on-site clubhouse, a community pool & spa, on-site fitness center, and plenty of walking trails!

Last Agent to Sell the Property

Heather Rodriguez

eXp Realty License #SA671720000 Listed on: 03/28/2023

eXp Realty

Last Buyer's Agent

Gary Chen

DeLex Realty License #BR564776000

DeLex Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,745

Year Built

  • Built in 2001

Lot Details

  • 5,880 Sq Ft Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,712 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows

Kitchen

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

Flooring

  • 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

Pool

  • Private Pool
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 303-48-728

Community Details

Overview

  • Association fees include ground maintenance
  • Montefino Village Association, Phone Number (480) 892-5222
  • Ocotillo Community Association, Phone Number (480) 704-2900
  • Association Phone (480) 704-2900
  • Built by Meritage
  • Montefino Village Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,745

Year Built

Built in 2001

Lot Details

0

HOA Fees

$291 per month

Parking

2

Listing Details

  • Cross Street: Alma School & Ocotillo
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Ocotillo Community
  • HOA #2 Phone Number: 480-704-2900
  • HOA #2 Transfer Fee: 400.0
  • 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: 291.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Spa Private: Yes
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: MONTEFINO VILLAGE
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 216.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Above Ground, Private
  • Appliances: Water Purifier
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2712.0
  • Stories: 2
  • Window Features: 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:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req, 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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

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: Golf, Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Tennis Court(s), Biking/Walking Path
  • Association #2 Fee: 225.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 216.0
  • Association Fee Frequency: Monthly
  • Association: Ocotillo Community
  • Association Name: Montefino Village
  • Association Phone #2: 480-704-2900
  • Phone: 480-892-5222
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 190.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Montefino Village
  • Association Fees:HOA Telephone4: 480-892-5222
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Prepaid Association Fees HOA 2: 434.0
  • Association Fees:Disclosure Fees HOA 2: 190.0

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 5880.0
  • Parcel #: 303-48-728

Building Info

  • Builder Name: Meritage

Tax Info

  • Tax Annual Amount: 2745.0
  • Tax Book Number: 303.00
  • Tax Lot: 112
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Jun 30, 2023
Sold by
Speight Thomas C and Speight Rocio I
Bought by
Fu Bo
Seller's Agent
Heather Rodriguez
eXp Realty
Buyer's Agent
Gary Chen
DeLex Realty
List Price
$675,000
Sold Price
$617,000
Premium/Discount to List
-$58,000
-8.59%
Total Days on Market
70
Views
190
Current Estimated Value
$664,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,711
Avg. Annual Appreciation
3.56%
Original Mortgage
$493,600
Outstanding Balance
$481,445
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$185,873

Purchase Details

Listed on
Mar 28, 2023
Closed on
Jun 27, 2023
Sold by
Speight Thomas C and Speight Rocio I
Bought by
Fu Bo
Seller's Agent
Heather Rodriguez
eXp Realty
Buyer's Agent
Gary Chen
DeLex Realty
List Price
$675,000
Sold Price
$617,000
Premium/Discount to List
-$58,000
-8.59%
Views
190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,600
Outstanding Balance
$481,445
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$185,873

Purchase Details

Listed on
Dec 8, 2017
Closed on
Dec 20, 2017
Sold by
Archuleta Pamela E and Archuleta Joseph K
Bought by
Speight Thomas C and Speight Rocio I
Seller's Agent
Stefanie Gould
Arizona Elite Properties
Buyer's Agent
Heather Rodriguez
eXp Realty
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$180,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 2006
Sold by
Archuleta Pamela and Archuleta Joseph
Bought by
Archuleta Pamela E and Archuleta Joseph K

Purchase Details

Closed on
Jul 5, 2005
Sold by
Hare Kevin and Hare Kim
Bought by
Archuleta Joseph and Archuleta Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2001
Sold by
Meritage Homes Arizona Inc
Bought by
Hare Kevin M and Hare Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
7.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Fu Bo $617,000 Title Services Corporation
Fu Bo $617,000 Title Services Corporation
Speight Thomas C $349,000 Old Republic Title Agency
Archuleta Pamela E -- None Available
Archuleta Joseph $475,000 --
Hare Kevin M $239,490 Stewart Title & Trust Phoeni
Meritage Homes Arizona Inc -- Stewart Title & Trust Phoeni
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fu Bo $493,600
Closed Fu Bo $493,600
Previous Owner Speight Thomas C $180,000
Previous Owner Archuleta Joseph $325,000
Previous Owner Hare Kevin M $255,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $617,000 -5.1% $228 / Sq Ft
05/30/2023 05/30/23 Price Changed $650,000 -2.3% $240 / Sq Ft
05/02/2023 05/02/23 Price Changed $665,000 -1.5% $245 / Sq Ft
03/28/2023 03/28/23 For Sale $675,000 +93.4% $249 / Sq Ft
12/31/2017 12/31/17 Sold $349,000 0.0% $133 / Sq Ft
12/09/2017 12/09/17 Pending -- -- --
12/08/2017 12/08/17 For Sale $349,000 0.0% $133 / Sq Ft
07/01/2016 07/01/16 Rented $2,150 +7.5% --
06/28/2016 06/28/16 Under Contract -- -- --
06/22/2016 06/22/16 For Rent $2,000 +11.4% --
07/01/2012 07/01/12 Rented $1,795 0.0% --
05/22/2012 05/22/12 Under Contract -- -- --
05/01/2012 05/01/12 For Rent $1,795 -- --
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 $2,156 $37,808 -- --
2024 $2,845 $36,008 -- --
2023 $2,845 $44,200 $8,840 $35,360
2022 $2,745 $32,660 $6,530 $26,130
2021 $2,885 $31,710 $6,340 $25,370
2020 $2,872 $30,020 $6,000 $24,020
2019 $2,763 $28,780 $5,750 $23,030
2018 $2,675 $26,950 $5,390 $21,560
2017 $3,116 $26,810 $5,360 $21,450
2016 $3,008 $28,530 $5,700 $22,830
2015 $2,897 $26,700 $5,340 $21,360
Source: Public Records

Agents Affiliated with this Home

  • Heather Rodriguez

    Seller's Agent in 2023

    Heather Rodriguez

    eXp Realty

    (480) 208-5077

    5 in this area

    156 Total Sales

    Heather Rodriguez
    Section Image
  • Gary Chen

    Buyer's Agent in 2023

    Gary Chen

    DeLex Realty

    (480) 678-9882

    4 in this area

    98 Total Sales

    Gary Chen
    Section Image
  • Stefanie Gould

    Seller's Agent in 2017

    Stefanie Gould

    Arizona Elite Properties

    (318) 538-8484

    2 in this area

    19 Total Sales

    Stefanie Gould
    Section Image

  • C

    Seller Co-Listing Agent in 2016

    Cale Bauch

    The Offer Company

    Section Image

  • P

    Buyer's Agent in 2016

    Pat Lairson

    The Maricopa Real Estate Co

    Section Image

  • J

    Seller's Agent in 2012

    Jane Lucey

    West USA Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6535922

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-728

Arizona Maricopa County Chandler 85248 Ocotillo

2033 W Olive Way, Chandler, AZ

This home is located at 2033 W Olive Way, Chandler, AZ 85248 since 28 March 2023 and is currently estimated at $664,711, approximately $245 per square foot. This property was built in 2001. 2033 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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