NOT LISTED FOR SALE

Estimated Value: $565,000 - $623,000

3 Beds
2 Baths
1,489 Sq Ft
$510/mo HOA Fee

Last Sold April 17, 2024

Last sale price $630,000 $423 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,052/month

Highlights

  • Fitness Center
  • Gated Parking
  • Community Lake
  • Jacobson Elementary School Rated A
  • Waterfront
  • Theater or Screening Room

About This Home

As of April 2024

The Cays in Downtown Ocotillo. This property, featuring the Bacara floor plan, is notable for its prime lakefront positioning, offering an expansive and fully tiled private patio of 975 square feet that overlooks the lake, with the added charm of fountains on both sides. The interior of the home is equally impressive, boasting a wealth of high-end upgrades that enhance its appeal and functionality.The choice of flooring throughout plays a significant role in the overall aesthetic and feel of the home. The kitchen is equipped with top-of-the-line Kitchen Aid appliances, which are known for their reliability, performance, and sleek design. The kitchen also features tall, white 42-inch cabinetry made from maple, a premium wood known for its durability and light attractive color. The soft-close mechanism is a luxurious touch that prevents slamming, reduces noise, and extends the lifespan of the cabinets.The pantry is equipped with pull-out shelves enhances storage capabilities and accessibility, making it easier to organize and reach items stored at the back.Custom Buffet Cabinetry Including Wine Fridge in Dining Area.This feature not only adds to the storage options but also elevates the dining area's functionality and sophistication, making it perfect for entertaining.Additional can lights, equipped with dimmers, allow for adjustable lighting levels, contributing to the ambiance and mood of the home while providing ample illumination. Plantation Shutters, Water Softener, R/O water system.Classy contemporary chandelier and pendant lights, along with ceiling fans, indicates a modern aesthetic that complements the home's overall design, ensuring that it is both stylish and comfortable. Included are two private gated parking spaces near elevator and two storage cages.This property's combination of a prime location, luxurious upgrades, and thoughtful design elements makes it a highly attractive option for discerning buyers seeking a blend of comfort, style, and functionality in a prestigious lakefront setting.Situated across from restaurants, entertainment & farmers market, makes this lock & leave community feel like you're on a permanent vacation!

Last Agent to Sell the Property

Rebecca Smeraldo

Gentry Real Estate Brokerage Phone: 480-390-6129 License #SA103810000 Listed on: 02/22/2024

Gentry Real Estate

Co-Listed By

Manlio Smeraldo

Gentry Real Estate Brokerage Phone: 480-390-6129 License #SA675781000

Last Buyer's Agent

Rebecca Smeraldo

Gentry Real Estate Brokerage Phone: 480-390-6129 License #SA103810000 Listed on: 02/22/2024

Gentry Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,973

Year Built

  • Built in 2021

Lot Details

  • End Unit
  • 1 Common Wall
  • Wrought Iron Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,489 Sq Ft Home
  • 4-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Solar Screens
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Location

  • Unit is below another unit
  • Property is near a bus stop

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 303-80-416

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, cable TV, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Aam Association, Phone Number (480) 582-4880
  • Ocotillo Community Association, Phone Number (480) 624-7068
  • Association Phone (480) 624-7068
  • High-Rise Condominium
  • Built by Statesman
  • Cays At Downtown Ocotillo Condominium Amd Replat Subdivision, Bacara Floorplan
  • Community Lake

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Community Spa
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,973

Year Built

Built in 2021

Lot Details

0

HOA Fees

$510 per month

Parking

2

Listing Details

  • Cross Street: Queen Creek RD & Dobson RD
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2 Name: Ocotillo Community
  • HOA #2 Phone Number: 480-624-7068
  • HOA #2 Transfer Fee: 195.0
  • 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: 510.49
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2021
  • Tax Year: 2023
  • Master Model: Bacara
  • Attribution Contact: 480-390-6129
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: gntr01
  • Co List Office Phone: 480-750-9910
  • Subdivision Name: CAYS AT DOWNTOWN OCOTILLO CONDOMINIUM AMD REPLAT
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 433.49
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1489.0
  • Stories: 4
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Pickleball Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Community Media Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Storage
  • Lot Features: Waterfront Lot, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Above, End Unit
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pickleball, Lake, Community Spa Htd, Community Pool Htd, Near Bus Stop, Community Media Room, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association #2 Fee: 231.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 433.49
  • Association Fee Frequency: Monthly
  • Association: Ocotillo Community
  • Association Name: The Cays
  • Association Phone #2: 480-624-7068
  • Phone: 480-582-4880
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: The Cays
  • Association Fees:HOA Telephone4: 480-582-4880
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 866.98
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 866.98
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 129.0
  • Association Fees:Other Fees Description: Entertainment Package
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Prepaid Association Fees HOA 2: 231.0
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Cable TV, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

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: 1492.0
  • Parcel #: 303-80-416
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Statesman

Tax Info

  • Tax Annual Amount: 1973.0
  • Tax Book Number: 303.00
  • Tax Lot: 109
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2025
Sold by
Sarfate Dennis Scott and Sarfate Jada Lynn
Bought by
Closing Time Llc
Current Estimated Value
$603,976

Purchase Details

Listed on
Feb 22, 2024
Closed on
Apr 17, 2024
Sold by
Mccarthy Robert E and Mccarthy Elizabeth L
Bought by
Dennis And Jada Sarfate Living Trust and Sarfate
Seller's Agent
Rebecca Smeraldo
Gentry Real Estate
Buyer's Agent
Rebecca Smeraldo
Gentry Real Estate
List Price
$630,000
Sold Price
$630,000
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.54%

Purchase Details

Closed on
Oct 16, 2020
Sold by
The Cays Of Downtown Ocotillo Llc
Bought by
Mccarthy Robert E and Mccarthy Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,193
Interest Rate
2.9%
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
Closing Time Llc -- None Listed On Document
Sarfate Dennis Scott -- None Listed On Document
Dennis And Jada Sarfate Living Trust $630,000 Chicago Title Agency
Mccarthy Robert E $501,256 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarthy Robert E $476,193
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $630,000 0.0% $423 / Sq Ft
02/23/2024 02/23/24 For Sale $630,000 -- $423 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
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 $2,015 $26,229 -- --
2024 $1,973 $24,980 -- --
2023 $1,973 $40,780 $8,150 $32,630
2022 $1,904 $33,320 $6,660 $26,660
2021 $406 $6,420 $6,420 $0
2020 $404 $6,210 $6,210 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6667718

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-80-416