NOT LISTED FOR SALE

Estimated Value: $687,242

4 Beds
3 Baths
2,002 Sq Ft
$343/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $491,000 $245 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,210/month

6 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Waterfront
  • Jacobson Elementary School Rated A
  • City Lights View
  • Community Lake

About This Home

As of October 2020

Welcome to an exquisite 4 bedroom luxury home nestled in the upscale Gated Lake Community of Ocotillo located right on the water! This homes elegance and grandeur put the property in a category of luxury all its own. The open and bright floor plan will enchant as you welcome yourself into the front foyer with its soaring ceiling meeting the formal living and dining rooms. The Kitchen is both spacious and beautiful featuring all of the amenities of a true chef's kitchen with stainless steel appliances, granite counter tops, rich cabinetry, gas range, oversized island, breakfast bar and a breakfast room. This home features 2 Master Suites, one upstairs and one downstairs. There are 2 additional upstairs bedrooms with hall bath. The Family Room is perfect for movie night by the fireplace.. PASS THE POPCORN!! A Resort Style backyard boasts waterfront views with dock located on the lush Ocotillo Golf Course. The backyard with real green grass for the kids and 4 legged family members to run and play, an extended covered patio, built in BBQ and a gas fire pit to toast marshmallows on cool AZ evenings. Restaurants, shopping and entertainment close by. Quick access to the 101, 10 and 202 freeways for easy commuting. Do you want it all? This home will be hard to beat.. Book your showing today!

Last Listed By

Jera Banks

Keller Williams Realty Phoenix License #SA664442000 Listed on: 10/07/2020

Keller Williams Realty Phoenix

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,028

Year Built

  • Built in 1993

Lot Details

  • 5,683 Sq Ft Lot
  • Waterfront
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $124 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,002 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Solar Screens
  • City Lights Views
  • Washer and Dryer Hookup

Kitchen

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

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Fire Pit
  • Built-In Barbecue

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 303-39-264

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Premier Management Association, Phone Number (480) 704-2900
  • Peninsula Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,028

Year Built

Built in 1993

Lot Details

0

HOA Fees

$124 per month

Parking

2

Listing Details

  • Cross Street: Queen Creek & Dobson
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 123.5
  • 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: 1993
  • Tax Year: 2020
  • Directions: Dobson south to Edgewater. East a 1/2 mile on Edgewater to Peninsula Circle, Home on the water!
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: PENINSULA
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 123.5
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Fire Pit
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2002.0
  • Stories: 2
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Fireplace:Firepit: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • View: City Lights
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Near Bus Stop, Lake Subdivision, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse
  • Amenities: Management
  • Association Fee: 123.5
  • Association Fee Frequency: Monthly
  • Association Name: Ocotillo Comm Asc
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 190.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Ocotillo Comm Asc
  • Association Fees:HOA Telephone4: 480-704-2900
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Premier Management
  • Association Fees:HOA Management Phone: 480-704-2900
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street 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: 5683.0
  • Parcel #: 303-39-264
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3028.0
  • Tax Book Number: 303.00
  • Tax Lot: 19
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Oct 23, 2020
Sold by
Lovelace Living Trust
Bought by
Phillips Sterling and Phillips Judy Ann
Seller's Agent
Jera Banks
Keller Williams Realty Phoenix
Buyer's Agent
Karl Tunberg
Citiea
List Price
$445,000
Sold Price
$491,000
Premium/Discount to List
$46,000
10.34%
Total Days on Market
6
Current Estimated Value
$687,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,242
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Nov 7, 2017
Sold by
Lovelace Thomas A
Bought by
Lovelace Thomas A and The Lovelace Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,525
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2008
Sold by
Lovelace Thomas A
Bought by
Lovelace Thomas A and The Lovelace Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2008
Sold by
Lovelace Thomas A
Bought by
Lovelace Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2007
Sold by
Lovelace Thomas A
Bought by
Lovelace Thomas A and Lovelace Living Trust

Purchase Details

Closed on
Dec 3, 2002
Sold by
Camplin Charles Roger and Camplin Edwina D
Bought by
Lovelace Thomas A

Purchase Details

Closed on
Nov 18, 2002
Sold by
Lovelace Jayne P
Bought by
Lovelace Thomas A

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
Phillips Sterling $491,000 Roc Title Agency Llc
Lovelace Thomas A -- None Available
Lovelace Thomas A -- None Available
Lovelace Thomas A -- Fidelity Title
Lovelace Thomas A -- Fidelity National Title
Lovelace Thomas A -- None Available
Lovelace Thomas A $230,000 Capital Title Agency Inc
Lovelace Thomas A -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Sterling $437,500
Previous Owner Lovelace Thomas A $295,525
Previous Owner Lovelace Thomas A $308,600
Previous Owner Lovelace Thomas A $336,000
Previous Owner Lovelace Thomas A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $491,000 +10.3% $245 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $445,000 -- $222 / 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 $2,868 $39,971 -- --
2024 $3,607 $38,067 -- --
2023 $3,607 $50,270 $10,050 $40,220
2022 $3,493 $38,280 $7,650 $30,630
2021 $3,591 $37,710 $7,540 $30,170
2020 $3,028 $34,850 $6,970 $27,880
2019 $2,912 $38,780 $7,750 $31,030
2018 $2,820 $32,760 $6,550 $26,210
2017 $2,628 $31,230 $6,240 $24,990
2016 $2,519 $32,180 $6,430 $25,750
2015 $2,453 $30,280 $6,050 $24,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6143101

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-39-264