NOT LISTED FOR SALE

2354 W Olive Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $700,000 - $774,000

4 Beds
3 Baths
2,602 Sq Ft
$281/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $395,000 $152 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,356/month

28 Days on Market

Highlights

  • Community Lake
  • Wood Flooring
  • Corner Lot
  • Jacobson Elementary School Rated A
  • 1 Fireplace
  • Covered patio or porch

About This Home

As of July 2017

Wow! This house looks like a model! Your clients will love this gorgeous 4 bed, 3 bath remodeled home in the prestigious Ocotillo Lakes! This house has it all! Brand new hand scraped hardwood floors, Brand New designer carpet, Brand new tile in all 3 bathrooms and laundry room. Fresh new interior paint, Refinished cabinetry throughout entire house! New backsplash, under cabinet lighting, brushed nickel hardware! New Minka Lavery high end chandeliers, New ceiling fans in family room and all bedrooms! New bathroom light fixtures, New toilets and faucets, New outdoor coach lights, New 4 1/2 inch baseboards, New updated recessed lighting, The list goes on and on. Come see it for yourself! This home is fresh and ready for you!

Last Agent to Sell the Property

Sharla Engel

My Home Group Real Estate License #SA650525000 Listed on: 05/25/2017

My Home Group Real Estate

Last Buyer's Agent

Nick Calvi

Schreiner Realty License #BR632040000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,830

Year Built

  • Built in 1996

Lot Details

  • 6,813 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,602 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 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
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 116
  • Assessor Parcel Number 303-49-120

Community Details

Overview

  • Association fees include ground maintenance
  • Ocotillo Comm. Assoc Association, Phone Number (480) 704-2900
  • Built by Ryland
  • Ocotillo Parcels 18 & 19 Subdivision
  • Community Lake

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,830

Year Built

Built in 1996

Lot Details

0

HOA Fees

$78 per month

Parking

3

Listing Details

  • Cross Street: Alma School and Ocotillo Rd.
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 78.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2017
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2017
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2017
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2016
  • Directions: South on Alma School, West (right) on Ocotillo, 3rd right on Jacaranda, follow curve through golf course community to Cactus Wren. Left on Cactus Wren and Immediate right to 2354 W. Olive Way.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: OCOTILLO PARCELS 18 & 19
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 78.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2602.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 78.0
  • Association Fee Frequency: Monthly
  • Association Name: Ocotillo Comm. Assoc
  • 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 Comm. Assoc
  • 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:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 6813.0
  • Parcel #: 303-49-120
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Ryland

Tax Info

  • Tax Annual Amount: 2830.0
  • Tax Book Number: 303.00
  • Tax Lot: 116
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Jul 20, 2017
Sold by
Engel Investments Group Llc
Bought by
Ramirez Andres M and Ramirez Normalicia M
Seller's Agent
Sharla Engel
My Home Group Real Estate
Buyer's Agent
Nick Calvi
Schreiner Realty
List Price
$408,900
Sold Price
$395,000
Premium/Discount to List
-$13,900
-3.4%
Total Days on Market
28
Current Estimated Value
$730,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,954
Avg. Annual Appreciation
8.08%
Original Mortgage
$313,600
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2017
Sold by
Peacock Jeffrey L
Bought by
Engel Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,239
Interest Rate
4.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 13, 2004
Sold by
Stevenson Shane P and Stevenson Toni L
Bought by
Peacock Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2001
Sold by
Wight Thomas E and Kelly Wight M
Bought by
Stevenson Toni L and Stevenson Shane P

Purchase Details

Closed on
Oct 8, 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
$174,200
Interest Rate
8.3%
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
Ramirez Andres M $395,000 Equity Title Agency Inc
Engel Investment Group Llc $328,501 Accommodation
Peacock Jeffrey L $365,000 Capital Title Agency Inc
Stevenson Toni L $232,500 Security Title Agency
Ryland Homes Of Arizona Inc $122,668 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Andres M $303,000
Closed Ramirez Andres M $313,600
Previous Owner Engel Investment Group Llc $279,239
Previous Owner Peacock Jeffrey L $427,500
Previous Owner Peacock Jeffrey L $292,000
Previous Owner Wight Thomas E $174,200
Closed Peacock Jeffrey L $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $395,000 -1.2% $152 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/17/2017 06/17/17 Price Changed $399,900 -1.5% $154 / Sq Ft
06/09/2017 06/09/17 Price Changed $405,900 -0.7% $156 / Sq Ft
05/25/2017 05/25/17 For Sale $408,900 -- $157 / 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 $2,331 $37,234 -- --
2024 $2,801 $35,461 -- --
2023 $2,801 $46,380 $9,270 $37,110
2022 $2,703 $35,150 $7,030 $28,120
2021 $2,833 $32,970 $6,590 $26,380
2020 $2,820 $31,470 $6,290 $25,180
2019 $2,713 $30,260 $6,050 $24,210
2018 $2,627 $29,130 $5,820 $23,310
2017 $2,930 $27,160 $5,430 $21,730
2016 $2,818 $28,460 $5,690 $22,770
2015 $2,285 $26,630 $5,320 $21,310
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Sharla Engel

    My Home Group Real Estate

    (480) 570-2314

    20 Total Sales

    Sharla Engel
    Section Image
  • Nick Calvi

    Buyer's Agent in 2017

    Nick Calvi

    Schreiner Realty

    (708) 205-1069

    2 Total Sales

    Nick Calvi
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5610903

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-49-120

Arizona Maricopa County Chandler 85248 Ocotillo

2354 W Olive Way, Chandler, AZ

This home is located at 2354 W Olive Way, Chandler, AZ 85248 since 25 May 2017 and is currently estimated at $730,954, approximately $280 per square foot. This property was built in 1996. 2354 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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