NOT LISTED FOR SALE

2038 W Olive Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $526,936 - $551,000

3 Beds
2 Baths
1,610 Sq Ft
$335/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $290,000 $180 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,506/month

4 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Covered patio or porch
  • Jacobson Elementary School Rated A
  • Community Pool
  • 2 Car Direct Access Garage

About This Home

As of April 2018

This Single Story 1610 sq ft 3 bedroom 2 bath Gem is nestled within the Beautiful Ocotillo Lakes Gated Community Montefino Village. Open family room, kitchen and master bedroom all have views to the beautifully designed backyard Oasis Community Pool, Heated Sauna, Work out and media room surrounded with lush landscaping and waterfalls (HOA maintains front yard!), All this and MORE Located within this highly sought out Premium Lake community that offers resort quality amenities: Ocotillo Lakes Offers catch-n-release fishing, Community Events and Parks! A Golf Course within walking distance is recognized as a Top 50 Resort by Golf World . AND If you haven't watched the video I highly encourage you do

Last Agent to Sell the Property

Michelle Noel

HomeSmart License #SA551228000 Listed on: 03/03/2018

Last Buyer's Agent

David D'Haen

Urban Luxe Real Estate License #SA644734000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,476

Year Built

  • Built in 2001

Lot Details

  • 6,264 Sq Ft Lot
  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,610 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 52
  • Assessor Parcel Number 303-48-668

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint
  • Aam Llc Association, Phone Number (602) 957-9191
  • Ocotillo Communicty Association, Phone Number (480) 704-2900
  • Association Phone (480) 704-2900
  • Built by Monterey
  • Montefino Village Subdivision, Firenza Floorplan

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,476

Year Built

Built in 2001

Lot Details

0

HOA Fees

$254 per month

Parking

2

Listing Details

  • Cross Street: DOBSON AND OCOTILLO
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Ocotillo Communicty
  • HOA #2 Phone Number: 480-704-2900
  • HOA #2 Transfer Fee: 185.0
  • 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: 253.9
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2013
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Tax Year: 2017
  • Directions: SOUTH ON DOBSON TO OCOTILLO THEN EAST TO JOJOBA WAY - GATE ENTRY - LEFT ON PERIWINKLE WAY WHICH BECOMES OLIVE WAY - HOME ON THE LEFT CLOSER TO BACK ENTRANCE.
  • Master Model: Firenza
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: MONTEFINO VILLAGE
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 191.4
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1610.0
  • Stories: 1
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool, Biking/Walking Path, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 62.5
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 191.4
  • Association Fee Frequency: Monthly
  • Association: Ocotillo Communicty
  • Association Name: Montefino Village
  • Association Phone #2: 480-704-2900
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Montefino Village
  • 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 Management Company: AAM LLC
  • Association Fees:HOA Management Phone: 602-957-9191
  • 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: 6264.0
  • Parcel #: 303-48-668
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Monterey

Tax Info

  • Tax Annual Amount: 2476.0
  • Tax Book Number: 303.00
  • Tax Lot: 52
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2018
Closed on
Apr 18, 2018
Sold by
Branson Kenneth and Branson Dawn
Bought by
St Joseph S Estate Llc
Seller's Agent
Michelle Noel
HomeSmart
Buyer's Agent
David D'Haen
Urban Luxe Real Estate
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%
Current Estimated Value
$539,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,734
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Nov 25, 2008
Sold by
Griffin Cole S
Bought by
Branson Kenneth and Branson Dawn

Purchase Details

Closed on
Dec 22, 2003
Sold by
Sinha Alok
Bought by
Griffin Cole S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,800
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2000
Sold by
Monterey Homes Arizona Inc
Bought by
Sinha Alok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
7.71%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
St Joseph S Estate Llc $290,000 Fidelity National Title Agen
Branson Kenneth $235,000 Fidelity National Title
Griffin Cole S $191,000 Guaranty Title Agency
Sinha Alok $187,449 First American Title
Monterey Homes Arizona Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Griffin Cole S $152,800
Previous Owner Sinha Alok $179,800
Previous Owner Sinha Alok $178,000
Closed Griffin Cole S $28,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $290,000 -1.7% $180 / Sq Ft
04/16/2018 04/16/18 For Sale $295,000 0.0% $183 / Sq Ft
04/16/2018 04/16/18 Price Changed $295,000 0.0% $183 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
03/03/2018 03/03/18 For Sale $295,000 -- $183 / 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 $2,846 $30,928 -- --
2024 $2,791 $29,455 -- --
2023 $2,791 $37,600 $7,520 $30,080
2022 $2,703 $27,970 $5,590 $22,380
2021 $2,778 $26,980 $5,390 $21,590
2020 $2,763 $25,330 $5,060 $20,270
2019 $2,666 $23,710 $4,740 $18,970
2018 $2,590 $21,980 $4,390 $17,590
2017 $2,476 $21,610 $4,320 $17,290
2016 $2,381 $22,520 $4,500 $18,020
2015 $2,293 $21,670 $4,330 $17,340
Source: Public Records

Agents Affiliated with this Home

  • Michelle Noel

    Seller's Agent in 2018

    Michelle Noel

    HomeSmart

    Section Image
  • David D'Haen

    Buyer's Agent in 2018

    David D'Haen

    Urban Luxe Real Estate

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5731815

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-668

Arizona Maricopa County Chandler 85248 Ocotillo

2038 W Olive Way, Chandler, AZ

This home is located at 2038 W Olive Way, Chandler, AZ 85248 since 03 March 2018 and is currently estimated at $539,734, approximately $335 per square foot. This property was built in 2001. 2038 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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