NOT LISTED FOR SALE

2334 W Olive Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $592,000 - $634,000

3 Beds
2 Baths
1,673 Sq Ft
$366/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $295,000 $176 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,444/month

6 Days on Market

Highlights

  • Golf Course Community
  • Private Pool
  • Vaulted Ceiling
  • Jacobson Elementary School Rated A
  • Community Lake
  • Santa Barbara Architecture

About This Home

As of October 2015

LOCATION! LOCATION! Wonderful Very well Kept Open Great Room floorplan home in Ocotillo with split bedrooms, vaulted ceilings, lots of Tile, Gas Fireplace,Upgraded Stainless Steel appliances in Kitchen, Smooth top Stove, Corian Countertops & Neutral Colors throughout.Master bath has a jetted tub for relaxation. Nicely Landscaped front & Back, Large Covered Patio with Acrylic Flagstone Finish, Pebble Tech Pool with Wrapped Edge & removable child fencing.Storage shed in back stays Garage has built-in Tool Bench and Cabinets. Water heater 2yrs. old, Ext. Paint 2 yrs and Interior paint redone 6 mo. ago. This will be a pleasure to show.

Last Agent to Sell the Property

Verna Hierath

Superlative Realty License #SA026728000 Listed on: 09/18/2015

Superlative Realty

Last Buyer's Agent

Ryan Rosscup

Realty ONE Group License #BR534114000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1998

Lot Details

  • 7,192 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2.5 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,673 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Laundry in unit

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

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 1
  • Assessor Parcel Number 303-49-005

Community Details

Overview

  • Property has a Home Owners Association
  • Premier Management Association, Phone Number (480) 704-2900
  • Built by Ryland
  • Ocotillo Subdivision
  • Community Lake

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,200

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Dobson & Queen Creek
  • 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: 76.0
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2003
  • Parking Spaces Total Covered Spaces: 2.5
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2015
  • Directions: South on Alma School to Ocotillo. Turn Rt. then rt. on Jacaranda, left on Cactus Wren and left on Olive. House is on the corner of Olive and Cactus Wren.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: metr001
  • Co List Office Phone: 480-398-1800
  • Subdivision Name: Ocotillo
  • Architectural Style: Ranch, Santa Barbara/Tuscan
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 76.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 1673.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Fenced, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.5
  • 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: Inside
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Golf
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: Ocotillo HOA
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Ocotillo HOA
  • 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: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: 7192.0
  • Parcel #: 303-49-005
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Ryland

Tax Info

  • Tax Annual Amount: 2200.0
  • Tax Book Number: 303.00
  • Tax Lot: 1
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
Oct 20, 2015
Sold by
Orze Jill
Bought by
Orze Steven
Seller's Agent
Verna Hierath
Superlative Realty
Buyer's Agent
Ryan Rosscup
Realty ONE Group
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$612,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,224
Avg. Annual Appreciation
7.87%
Original Mortgage
$275,793
Outstanding Balance
$223,107
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$403,245

Purchase Details

Closed on
May 6, 2003
Sold by
Eggimann Melodye Kay Ann and Gherman Melodye Kay Ann
Bought by
Stimson John F and Stimson Edie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 26, 2000
Sold by
Gherman Michael C
Bought by
Gherman Melodye Kay Ann

Purchase Details

Closed on
Mar 17, 1998
Sold by
Ryland Homes Of Arizona Inc
Bought by
Gherman Michael C and Gherman Melodye Kay Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,250
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1998
Sold by
The Ryland Group Inc
Bought by
Ryland Homes Of Arizona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,250
Interest Rate
7.06%
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
Orze Steven -- Stewart Title & Tr Phoenix I
Orze Steven $295,000 Stewart Title & Tr Phoenix I
Stimson John F $191,000 Security Title Agency
Gherman Melodye Kay Ann -- Grand Canyon Title Agency In
Gherman Michael C $171,846 Transnation Title Insurance
Ryland Homes Of Arizona $96,492 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orze Steven $275,793
Previous Owner Stimson John F $110,000
Previous Owner Gherman Michael C $163,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2015 10/22/15 Sold $295,000 0.0% $176 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $295,000 -- $176 / 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 $2,373 $30,889 -- --
2024 $2,324 $29,418 -- --
2023 $2,324 $42,200 $8,440 $33,760
2022 $2,242 $31,960 $6,390 $25,570
2021 $2,350 $29,630 $5,920 $23,710
2020 $2,340 $27,670 $5,530 $22,140
2019 $2,250 $26,430 $5,280 $21,150
2018 $2,179 $25,110 $5,020 $20,090
2017 $2,031 $23,210 $4,640 $18,570
2016 $1,957 $23,630 $4,720 $18,910
2015 $1,896 $22,160 $4,430 $17,730
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2015

    Verna Hierath

    Superlative Realty

    (602) 881-7407

    23 Total Sales

    Verna Hierath
    Section Image
  • Ryan Rosscup

    Buyer's Agent in 2015

    Ryan Rosscup

    Realty One Group

    (602) 301-9667

    2 in this area

    82 Total Sales

    Ryan Rosscup
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5336128

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-49-005

Arizona Maricopa County Chandler 85248 Ocotillo

2334 W Olive Way, Chandler, AZ

This home is located at 2334 W Olive Way, Chandler, AZ 85248 since 18 September 2015 and is currently estimated at $612,224, approximately $365 per square foot. This property was built in 1998. 2334 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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