NOT LISTED FOR SALE

Estimated Value: $687,000 - $776,000

5 Beds
3 Baths
2,797 Sq Ft
$260/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $350,000 $125 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,088/month

59 Days on Market

Highlights

  • Golf Course Community
  • Community Lake
  • Vaulted Ceiling
  • Jacobson Elementary School Rated A
  • Contemporary Architecture
  • Corner Lot

About This Home

As of November 2016

REMODELLED – READY TO MOVE-IN! Welcome to the complete 5-bed/3 bath N-facing home sitting on a corner lot with an inviting elevation that leads into sky high vaulted ceiling for the formal area. Designer flooring with upscale medallion and granite inlays, carpet with upgraded pads makes the home special.REMODELLED Gorgeous XL kitchen with GRANITE, custom hood & stove, upgraded cabinetry, custom lighting, breakfast area and the family dining overlooking lush green yard with large patio. Downstairs also has the full bathroom and 2 bedrooms – one of which has built-in office room ready tables and it can be a fabulous gym room or teen area.Upstairs has large bedrooms and master bedroom that has tiled shower and is super big! Home has custom window treatments and many nice designer choices

Last Agent to Sell the Property

Kiran Vedantam

Kosh Realty License #BR557655000 Listed on: 08/25/2016

Last Buyer's Agent

John Cunningham

DeLex Realty License #SA531754000

DeLex Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,337

Year Built

  • Built in 1996

Lot Details

  • 7,527 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,797 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

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

  • Tax Lot 25
  • Assessor Parcel Number 303-49-029

Community Details

Overview

  • Property has a Home Owners Association
  • Premier Com Mgmt Association, Phone Number (480) 704-2900
  • Built by RYLAND HOMES
  • Ocotillo Parcels Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,337

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Ocotillo Rd & Clubhouse Dr
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 76.2
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2013
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2013
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2015
  • Directions: W onto Ocotillo Rd, N onto Jacaranda Pkwy, left onto Jacaranda pkwy, W onto Sage Dr, S onto Olive Way
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Subdivision Name: OCOTILLO PARCELS
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 76.2
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 2797.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Community Features:Lake Subdivision: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Corner Lot, Dirt Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Golf, Playground, Biking/Walking Path
  • Amenities: Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: Ocotillo Com Asso
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Ocotillo Com Asso
  • 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 Com Mgmt
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

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: 7527.0
  • Parcel #: 303-49-029
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: RYLAND HOMES

Tax Info

  • Tax Annual Amount: 2337.0
  • Tax Book Number: 303.00
  • Tax Lot: 25
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2017
Sold by
Kamineni Ravi
Bought by
Olive Partners
Current Estimated Value
$726,143

Purchase Details

Listed on
Aug 25, 2016
Closed on
Nov 22, 2016
Sold by
Kamineni Lakshmi Vimala
Bought by
Kamineni Ravi
Seller's Agent
Kiran Vedantam
Kosh Realty
Buyer's Agent
John Cunningham
DeLex Realty
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$262,500
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2007
Sold by
Upadhyayula Usharani
Bought by
Upadhyayula Sharma and Upadhyayula Usharani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 24, 2004
Sold by
Upadhyayula Sharma V and Upadhyayula Usharani
Bought by
Upadhyayula Usharani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 1996
Sold by
The Ryland Group Inc
Bought by
Ryland Homes Of Arizona Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,550
Interest Rate
7.67%
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
Olive Partners -- None Available
Kamineni Ravi -- Lawyers Title Of Arizona Inc
Kamineni Ravi $350,000 Lawyers Title Of Arizona Inc
Upadhyayula Sharma -- Ticor Title Agency Of Az Inc
Upadhyayula Usharani -- Fidelity National Title
Ryland Homes Of Arizona Inc $123,762 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kamineni Ravi $262,500
Previous Owner Upadhyayula Sharma $344,000
Previous Owner Upadhyayula Usharani $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $350,000 -5.4% $125 / Sq Ft
11/30/2016 11/30/16 Price Changed $369,900 0.0% $132 / Sq Ft
10/23/2016 10/23/16 Pending -- -- --
10/04/2016 10/04/16 Price Changed $369,900 -1.4% $132 / Sq Ft
08/25/2016 08/25/16 For Sale $375,000 -- $134 / 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 $2,858 $38,072 -- --
2024 $3,436 $36,259 -- --
2023 $3,436 $47,460 $9,490 $37,970
2022 $3,327 $35,930 $7,180 $28,750
2021 $3,420 $33,820 $6,760 $27,060
2020 $3,401 $32,420 $6,480 $25,940
2019 $3,282 $31,200 $6,240 $24,960
2018 $3,188 $30,060 $6,010 $24,050
2017 $2,995 $28,030 $5,600 $22,430
2016 $2,412 $29,500 $5,900 $23,600
2015 $2,337 $27,360 $5,470 $21,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5488732

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-49-029