NOT LISTED FOR SALE

2068 W Olive Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $541,201 - $566,000

3 Beds
2.5 Baths
2,137 Sq Ft
$258/Sq Ft Est. Value

Last Sold February 16, 2015

Last sale price $273,000 $128 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,334/month

9 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Sitting Area In Primary Bedroom
  • Jacobson Elementary School Rated A
  • Heated Spa
  • Gated Community

About This Home

As of February 2015

Sharply appointed & set on a corner lot in a gated OCOTILLO community, offering relaxed, resort-style living. UPDATED, with slab GRANITE counters & island, stone backsplash, STAINLESS appliances, roomy PANTRY, fresh paint, tiled Master shower & granite vanity top with dual sinks. 3 BR (PLUS Den option on second level) 2.5 BA. Easy-care yard with front yard landscaping INCLUDED in HOA dues. Community POOL, SPA, FITNESS center & CLUBHOUSE for entertaining. Near INTEL, Orbital & Price Road businesses, including Downtown Ocotillo dining & shopping. A+ Chandler schools. Resident discounts at 27-hole Troon-managed OCOTILLO Golf Resort. See it Today! Surrounded by Jacaranda Parkway, a 4-mile loop around the golf resort for exercise enthusiasts w/parks, community tennis courts & a biking/walking lane. Gated Community features walking paths, grass volleyball court, lakes and waterfalls.

Last Agent to Sell the Property

Patrick O'Hara

West USA Realty License #SA557206000 Listed on: 01/10/2015

West USA Realty

Co-Listed By

Mary O'Hara

West USA Realty License #SA548359000

Last Buyer's Agent

Tina Sloat

Tina Marie Realty License #BR650399000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,607

Year Built

  • Built in 2001

Lot Details

  • 4,186 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Corner Lot
  • Front Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,137 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Heated Spa
  • Balcony
  • Covered patio or porch

Location

  • Property is near a bus stop

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 303-48-673

Community Details

Overview

  • Premier Mgt Association, Phone Number (480) 704-2900
  • Premier Management Association, Phone Number (480) 704-2900
  • Association Phone (480) 704-2900
  • Built by Mertiage Homes
  • Montefino Village Subdivision
  • FHA/VA Approved Complex
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,607

Year Built

Built in 2001

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Cross Street: Ocotillo & Alma School
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2 Fee: 62.5
  • HOA #2 Name: Premier Management
  • HOA #2 Phone Number: 480-704-2900
  • HOA #2 Transfer Fee: 360.0
  • 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: 207.5
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2011
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2011
  • 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: 2014
  • Directions: West on Ocotillo Rd, North on SW Jacaranda Pkwy, South on Jojoba Way at gated entry, West (right) on OLIVE Way to home on corner lot.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.1
  • Co List Office Mls Id: kwlo03
  • Co List Office Phone: 480-444-7200
  • Subdivision Name: Montefino Village
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 145.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Mstr Bdrm Sitting Rm, Upstairs, Walk-In Closet(s), Eat-in Kitchen, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2137.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Patio
  • Lot Features: Sprinklers In Front, Corner Lot, Desert Back, Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Lake Subdivision, Pool, Golf, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association #2 Fee: 62.5
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association: Premier Management
  • Association Name: Premier Mgt
  • Association Phone #2: 480-704-2900
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 360.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Premier Mgt
  • 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 Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes

Schools

  • Elementary School: Anna Marie Jacobson Elementary School
  • High School: Hamilton High School
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4186.0
  • Parcel #: 303-48-673
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Mertiage Homes

Tax Info

  • Tax Annual Amount: 2607.0
  • Tax Book Number: 303.00
  • Tax Lot: 57
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2015
Closed on
Jan 31, 2015
Sold by
Olive Way Holdings Llc
Bought by
Lester Philip and Lester Elizabeth
Seller's Agent
Patrick O'Hara
West USA Realty
Buyer's Agent
Tina Sloat
Tina Marie Realty
List Price
$275,000
Sold Price
$273,000
Premium/Discount to List
-$2,000
-0.73%
Total Days on Market
9
Current Estimated Value
$550,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,885
Avg. Annual Appreciation
7.02%
Original Mortgage
$259,350
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2011
Sold by
Palmer Wes
Bought by
Olive Way Holdings Llc

Purchase Details

Closed on
Mar 17, 2011
Sold by
Torpis Sean D
Bought by
Palmer Wes

Purchase Details

Closed on
Aug 13, 2007
Sold by
Torpis Sean
Bought by
Birddog Holdings Llc

Purchase Details

Closed on
Nov 21, 2001
Sold by
Meritage Homes Arizona Inc
Bought by
Torpis Sean D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
6.57%
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
Lester Philip $273,000 Security Title Agency
Olive Way Holdings Llc -- None Available
Palmer Wes -- None Available
Palmer Wes $181,435 Great American Title Agency
Birddog Holdings Llc -- None Available
Torpis Sean D $196,193 Stewart Title & Trust
Meritage Homes Arizona Inc -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lester Philip $236,500
Closed Lester Philip $259,350
Previous Owner Torpis Sean D $337,450
Previous Owner Torpis Sean D $137,500
Previous Owner Torpis Sean D $44,600
Previous Owner Torpis Sean D $188,790
Previous Owner Torpis Sean D $156,800
Closed Torpis Sean D $29,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2015 02/16/15 Sold $273,000 -0.7% $128 / Sq Ft
01/18/2015 01/18/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $275,000 0.0% $129 / Sq Ft
04/26/2013 04/26/13 Rented $1,550 0.0% --
04/01/2013 04/01/13 Under Contract -- -- --
03/22/2013 03/22/13 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 $2,310 $33,531 -- --
2024 $2,523 $31,934 -- --
2023 $2,523 $39,300 $7,860 $31,440
2022 $2,434 $29,110 $5,820 $23,290
2021 $2,551 $28,180 $5,630 $22,550
2020 $2,540 $26,730 $5,340 $21,390
2019 $2,443 $25,300 $5,060 $20,240
2018 $2,365 $23,830 $4,760 $19,070
2017 $2,289 $23,560 $4,710 $18,850
2016 $2,255 $24,920 $4,980 $19,940
2015 $2,185 $23,970 $4,790 $19,180
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Patrick O'Hara

    West USA Realty

    6 in this area

    16 Total Sales

    Patrick O'Hara
    Section Image

  • M

    Seller Co-Listing Agent in 2015

    Mary O'Hara

    West USA Realty

    (480) 586-8631

    11 in this area

    36 Total Sales

    Mary O'Hara
    Section Image
  • Tina Sloat

    Buyer's Agent in 2015

    Tina Sloat

    Tina Marie Realty

    (480) 313-9455

    1 in this area

    180 Total Sales

    Tina Sloat
    Section Image

  • D

    Seller's Agent in 2013

    Dale Douglas

    New Perspective Realty

    (602) 292-6372

    44 Total Sales

    Dale Douglas
    Section Image

  • D

    Buyer's Agent in 2013

    Debra Crockett

    Arizona Grand Realty

    (480) 754-9638

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5219464

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-673

Arizona Maricopa County Chandler 85248 Ocotillo

2068 W Olive Way, Chandler, AZ

This home is located at 2068 W Olive Way, Chandler, AZ 85248 since 10 January 2015 and is currently estimated at $550,800, approximately $257 per square foot. This property was built in 2001. 2068 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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