NOT LISTED FOR SALE

The Cays at Ocotillo 2511 W Queen Creek Rd Unit 126 Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $520,000 - $592,791

3 Beds
2 Baths
1,489 Sq Ft
$410/mo HOA Fee

Last Sold October 21, 2022

Last sale price $635,000 $426 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,646/month

31 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • Mountain View
  • Jacobson Elementary School Rated A
  • Waterfront
  • Community Lake

About This Home

As of October 2022

Absolutely gorgeous premium lakefront property at the prestigious Cays of downtown Ocotillo. Luxury resort style living. Very rare ''Bacara'' Model.
Situated on the lake with fountains only steps away.
Three bedrooms, gourmet kitchen, large living room & separate dining area.
Gorgeous, upgraded cabinetry, Quartz countertops, large island. Dining area includes custom cabinetry with built in wine frig. Oversized Patio, 975 square feet. Juliett balcony in master bedroom w/ lake views.
Surround sound throughout.
Two side by side private parking spaces, gated garage. Large built-in storage cage. Heated resort style pool, spa, club room, workout facility, yoga room, steam rooms.
This truly is a one-of-a-kind luxury condo.
Walking distance to fine restaurants, cafe, & entertainment.

Last Agent to Sell the Property

Rebecca Smeraldo

Gentry Real Estate Brokerage Phone: 480-390-6129 License #SA103810000 Listed on: 08/17/2022

Gentry Real Estate

Co-Listed By

Manlio Smeraldo

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

Last Buyer's Agent

Orfe Kelly

HomeSmart License #SA580075000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,042

Year Built

  • Built in 2016

Lot Details

  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Assigned Parking

Home Design

  • 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
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Tinted Windows
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Smart Home

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Unit is below another unit

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 303-77-697

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, street maintenance, trash, roof replacement, maintenance exterior
  • Premier Management Association, Phone Number (480) 562-6686
  • Ocotillo Community Association, Phone Number (480) 704-2900
  • Association Phone (480) 704-2900
  • High-Rise Condominium
  • Built by Statesman
  • Cays At Downtown Ocotillo Condominium Amd Subdivision, Bacara Floorplan
  • FHA/VA Approved Complex
  • Community Lake

Amenities

  • Recreation Room

Recreation

  • Community Spa
  • Bike Trail

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,042

Year Built

Built in 2016

Lot Details

0

HOA Fees

$410 per month

Parking

2

Listing Details

  • Cross Street: Queen creek RD & Dobson RD
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: Ocotillo Community
  • HOA #2 Phone Number: 480-704-2900
  • HOA #2 Transfer Fee: 190.0
  • 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: 410.1
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2016
  • Tax Year: 2021
  • Directions: South on Price Road to Queen Creek Road. East on Queen Creek Rd. Property on Right The Cays
  • Master Model: Bacara
  • Attribution Contact: 480-390-6129
  • Property Sub Type: Apartment Style/Flat
  • 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
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 344.1
  • 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
  • Windows:Low-E: Yes
  • Technology:Smart Home System: Yes
  • Building Style:High Rise: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Smart Home
  • Living Area: 1489.0
  • Stories: 4
  • Window Features: Vinyl Frame, Double Pane Windows, Low Emissivity Windows, Tinted Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Corner Lot, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Above
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Lake Subdivision, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association #2 Fee: 198.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 344.1
  • Association Fee Frequency: Monthly
  • Association: Ocotillo Community
  • Association Name: Cays
  • Association Phone #2: 480-704-2900
  • Phone: 480-562-6686
  • 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: Cays
  • Association Fees:HOA Telephone4: 480-562-6686
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 688.2
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 688.2
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fees:Disclosure Fees HOA 2: 190.0
  • 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:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fees:HOA Management Company 2: Premier Management

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Trash, 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: 1490.0
  • Parcel #: 303-77-697
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Statesman

Tax Info

  • Tax Annual Amount: 2042.0
  • Tax Book Number: 303.00
  • Tax Lot: 126
  • Tax Map Number: 77.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Oct 7, 2022
Sold by
King David A and King Cheryl A
Bought by
Hetrick Stuart and Hetrick Jennifer
Seller's Agent
Rebecca Smeraldo
Gentry Real Estate
Buyer's Agent
Orfe Kelly
HomeSmart
List Price
$675,000
Sold Price
$635,000
Premium/Discount to List
-$40,000
-5.93%
Views
43
Current Estimated Value
$568,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,802
Avg. Annual Appreciation
-3.42%

Purchase Details

Closed on
Dec 3, 2018
Sold by
Buchanan Mark G and Buchanan Sarah A
Bought by
King David A and King Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 16, 2016
Sold by
The Cays Of Downtown Ocotillo Llc
Bought by
Buchanan Mark G and Buchanan Sarah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,200
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hetrick Stuart $635,000 Empire Title Company Ltd
King David A $409,000 Fidelity National Title Agen
Buchanan Mark G $370,934 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hetrick Stuart $486,400
Previous Owner King David A $319,000
Previous Owner King David A $327,200
Previous Owner Buchanan Mark G $338,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $635,000 -5.9% $426 / Sq Ft
08/16/2022 08/16/22 For Sale $675,000 -- $453 / 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 $1,746 $22,727 -- --
2024 $1,710 $21,645 -- --
2023 $1,710 $40,610 $8,120 $32,490
2022 $1,986 $38,600 $7,720 $30,880
2021 $2,042 $37,450 $7,490 $29,960
2020 $2,030 $35,630 $7,120 $28,510
2019 $1,959 $26,910 $5,380 $21,530
2018 $1,603 $27,230 $5,440 $21,790
2017 $1,494 $20,510 $4,100 $16,410
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Smeraldo

    Seller's Agent in 2022

    Rebecca Smeraldo

    Gentry Real Estate

    (480) 390-6129

    34 in this area

    94 Total Sales

    Rebecca Smeraldo
    Section Image
  • Manlio Smeraldo

    Seller Co-Listing Agent in 2022

    Manlio Smeraldo

    Gentry Real Estate

    (480) 993-8521

    25 in this area

    75 Total Sales

    Manlio Smeraldo
    Section Image
  • Orfe Kelly

    Buyer's Agent in 2022

    Orfe Kelly

    HomeSmart

    (480) 570-8333

    1 in this area

    41 Total Sales

    Orfe Kelly
    Section Image
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About The Cays at Ocotillo

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6450936

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-77-697

Arizona Maricopa County Chandler 85248 Ocotillo

2511 W Queen Creek Rd Unit 126, Chandler, AZ

This home is located at 2511 W Queen Creek Rd Unit 126, Chandler, AZ 85248 since 17 August 2022 and is currently estimated at $568,198, approximately $381 per square foot. This property was built in 2016. 2511 W Queen Creek Rd Unit 126 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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