NOT LISTED FOR SALE

2404 W Olive Way Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $712,434 - $756,000

4 Beds
2.5 Baths
2,421 Sq Ft
$306/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $393,000 $162 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,230/month

9 Days on Market

Highlights

  • Golf Course Community
  • Private Pool
  • Vaulted Ceiling
  • Jacobson Elementary School Rated A
  • Community Lake
  • 1 Fireplace

About This Home

As of June 2016

RARE FIND! SHARP HOME WITH A HUGE PRIVATE BACKYARD OASIS IN THE PRESTIGIOUS LAKE/GOLF/TENNIS COMMUNITY OF OCOTILLO!
This knock out home sits in a 9,322 size lot. The spacious backyard is private w/ NO 2 stories behind & features a fenced pebble tech pool, spacious grassy area, Built-in bbq ideal for entertaining.
A towering cathedral ceiling welcomes you to this desirable floor plan w/ bright big windows, new & trendy wood tile floor, 4'' baseboards, new interior paint, fireplace & spacious living areas. The kitchen boasts granite counters, white cabinets, SS appliances, breakfast bar & new backsplash. Master BR is huge w/walk-out Balcony. Premier sought-after community in a great location w/ low HOA, excellent schools and big business centers nearby. You'll be proud to own this home!

Last Agent to Sell the Property

maria hass

HomeSmart License #SA577413000 Listed on: 04/28/2016

HomeSmart

Last Buyer's Agent

Kim Espinoza

Grace Realty Group, LLC License #SA502556000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,827

Year Built

  • Built in 1996

Lot Details

  • 9,322 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,421 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number 303-49-115

Community Details

Overview

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

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,827

Year Built

Built in 1996

Lot Details

0

HOA Fees

$77 per month

Parking

3

Listing Details

  • Cross Street: Alma School and Ocotillo
  • 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: 76.7
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2016
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2016
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2015
  • Directions: Go South on Alma School, West on Ocotillo Rd., Right on SW Jacaranda Way (2nd one after Ocotillo Golf course), left on Cactus Wren and first right on Olive Way. Home is on the right side of street.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: OCOTILLO PARCELS 18 & 19
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 76.7
  • 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
  • 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, 9+ Flat Ceilings, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2421.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: Fenced, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, 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
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Lake Subdivision, Golf, Tennis Court(s), Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 76.7
  • Association Fee Frequency: Monthly
  • Association Name: Ocotillo Community
  • 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 Community
  • 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: 9322.0
  • Parcel #: 303-49-115
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Ryland Homes

Tax Info

  • Tax Annual Amount: 2827.0
  • Tax Book Number: 303.00
  • Tax Lot: 111
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2016
Closed on
Jun 8, 2016
Sold by
Lee Paul P and Lee Suparn A
Bought by
Brininger Sean P and Espinoza Ashley M
Seller's Agent
maria hass
HomeSmart
Buyer's Agent
Kim Espinoza
Grace Realty Group, LLC
List Price
$399,900
Sold Price
$393,000
Premium/Discount to List
-$6,900
-1.73%
Current Estimated Value
$740,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,859
Avg. Annual Appreciation
7.49%
Original Mortgage
$314,400
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2013
Sold by
Lee Paul P and Lee Suparn A
Bought by
Lee Paul P and Lee Suparn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2009
Sold by
Lee Paul P and Lee Suparn A
Bought by
Lee Paul P and Lee Suparn A

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
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2007
Sold by
Lee Family Living Trust and Lee Paul P
Bought by
Lee Paul P and Lee Suparn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2006
Sold by
Armstrong Steven W
Bought by
Lee Paul P and Lee Suparn A

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
6.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 3, 2002
Sold by
Armstrong Jimmie G
Bought by
Armstrong Steven W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
4.87%

Purchase Details

Closed on
Mar 20, 2001
Sold by
Walther Scott E and Walther Julie D
Bought by
Armstrong Steven W and Armstrong Jimmie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,700
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 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
$170,800
Interest Rate
8.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brininger Sean P $393,000 Old Republic Title Agency
Lee Paul P -- Accommodation
Lee Paul P -- First American Title Ins Co
Lee Paul P -- Accommodation
Lee Paul P -- Driggs Title Agency
Lee Paul P -- None Available
Lee Paul P $460,000 Transnation Title Ins Co
Armstrong Steven W -- Fidelity National Title
Armstrong Steven W $240,000 First American Title
Ryland Homes Of Arizona Inc $115,345 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brininger Sean P $314,400
Previous Owner Lee Paul P $220,000
Previous Owner Lee Paul P $232,000
Previous Owner Lee Paul P $250,000
Previous Owner Lee Paul P $250,000
Previous Owner Armstrong Steven W $199,200
Previous Owner Armstrong Steven W $196,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2016 06/15/16 Sold $393,000 -1.7% $162 / Sq Ft
05/07/2016 05/07/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $399,900 0.0% $165 / Sq Ft
01/28/2015 01/28/15 Rented $1,995 -9.3% --
01/27/2015 01/27/15 Under Contract -- -- --
10/14/2014 10/14/14 For Rent $2,199 +4.8% --
10/07/2013 10/07/13 Rented $2,099 0.0% --
09/27/2013 09/27/13 Under Contract -- -- --
09/09/2013 09/09/13 For Rent $2,099 +5.2% --
01/14/2013 01/14/13 Rented $1,995 0.0% --
01/11/2013 01/11/13 Under Contract -- -- --
11/21/2012 11/21/12 For Rent $1,995 -- --
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 $2,698 $38,790 -- --
2024 $2,918 $36,943 -- --
2023 $2,918 $0 $0 $0
2022 $2,816 $37,370 $7,470 $29,900
2021 $2,952 $35,130 $7,020 $28,110
2020 $2,938 $33,430 $6,680 $26,750
2019 $2,826 $32,230 $6,440 $25,790
2018 $2,736 $30,850 $6,170 $24,680
2017 $2,550 $28,850 $5,770 $23,080
2016 $2,445 $30,180 $6,030 $24,150
2015 $2,827 $28,170 $5,630 $22,540
Source: Public Records

Agents Affiliated with this Home

  • m

    Seller's Agent in 2016

    maria hass

    HomeSmart

    (480) 889-3700

    12 Total Sales

    maria hass
    Section Image
  • Kim Espinoza

    Buyer's Agent in 2016

    Kim Espinoza

    Grace Realty Group, LLC

    (480) 861-0606

    1 in this area

    84 Total Sales

    Kim Espinoza
    Section Image

  • A

    Seller's Agent in 2015

    Alex C.

    Red Hawk Realty

    4 Total Sales

    Alex C.
    Section Image
  • Gerald Centner

    Seller Co-Listing Agent in 2015

    Gerald Centner

    Red Hawk Realty

    (480) 560-4229

    50 Total Sales

    Gerald Centner
    Section Image

  • B

    Seller's Agent in 2013

    Brittney White

    Revelation Real Estate

  • J

    Seller's Agent in 2013

    Jon Weeks

    Barrett Real Estate

    (480) 688-8857

    Jon Weeks
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5435045

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-49-115

Arizona Maricopa County Chandler 85248 Ocotillo

2404 W Olive Way, Chandler, AZ

This home is located at 2404 W Olive Way, Chandler, AZ 85248 since 28 April 2016 and is currently estimated at $740,859, approximately $306 per square foot. This property was built in 1996. 2404 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

Nearby Homes