$325,000
SOLD DEC 30, 2020
2 Beds
2 Baths
1,346 Sq Ft
$384/mo HOA Fee

Recently Sold

$241 Per Sq Ft

14% Below List Price

Highlights

  • Fitness Center
  • Gated with Attendant
  • Community Lake
  • Jacobson Elementary School Rated A
  • Heated Spa
  • Theater or Screening Room

About This Home

As of June 2022

Luxury Resort Style Community located at The Cays at Downtown Ocotillo.

Last Agent to Sell the Property

Mizraim Montante

Camelback Executive Realtors License #BR037120000 Listed on: 11/03/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,840

Year Built

  • Built in 2018

HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,346 Sq Ft Home
  • 4-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Heated Spa

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Water Softener

Listing and Financial Details

  • Tax Lot 255
  • Assessor Parcel Number 303-77-787

Community Details

Overview

  • Association fees include ground maintenance, trash, roof replacement, maintenance exterior
  • Located At The Cays Association, Phone Number (480) 921-7500
  • Ocotillo Community Association, Phone Number (480) 704-2900
  • Association Phone (480) 704-2900
  • Built by Statesman Group
  • Cays At Downtown Ocotillo Condominium Amd Subdivision
  • Community Lake

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,840

Year Built

Built in 2018

Lot Details

0

HOA Fees

$384 per month

Parking

1

Listing Details

  • Cross Street: Queen Creek Road & Dobson
  • 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: 250.0
  • 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: 384.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2018
  • Tax Year: 2020
  • Directions: West on Queen Creek to enter the Cays At Downtown Ocotillo Condominiums
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: CAYS AT DOWNTOWN OCOTILLO CONDOMINIUM AMD
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 324.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl, Tile
  • Basement YN: No
  • Spa Features: Heated
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Full Bth Master Bdrm
  • Living Area: 1346.0
  • Stories: 4
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Media Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Addtn'l Purchasable
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Addtn_squote_l Purchasable: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air
  • Heating: Electric
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Community Media Room, Guarded Entry, Biking/Walking Path, Fitness Center
  • Association #2 Fee: 180.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 324.0
  • Association Fee Frequency: Monthly
  • Association: Ocotillo Community
  • Association Name: located at The Cays
  • Association Phone #2: 480-704-2900
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 710.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: located at The Cays
  • Association Fees:HOA Telephone4: 480-921-7500
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, 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: 1350.0
  • Parcel #: 303-77-787

Building Info

  • Builder Name: Statesman Group

Tax Info

  • Tax Annual Amount: 1840.0
  • Tax Book Number: 303.00
  • Tax Lot: 255
  • Tax Map Number: 77.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Jun 16, 2022
Sold by
Lee Farris Douglas and Lee Marie Debra
Bought by
Choi Jie Woo
Seller's Agent
Rebecca Smeraldo
Gentry Real Estate
Buyer's Agent
Rebecca Smeraldo
Gentry Real Estate
List Price
$675,000
Sold Price
$565,000
Premium/Discount to List
-$110,000
-16.3%
Current Estimated Value
$527,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,374
Avg. Annual Appreciation
-2.18%
Original Mortgage
$536,750
Outstanding Balance
$514,233
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$13,393

Purchase Details

Listed on
Nov 3, 2020
Closed on
Dec 29, 2020
Sold by
Voth Vernon H and Voth Alice H
Bought by
Farris Douglas Lee and Farris Debra Marie
Seller's Agent
Mizraim Montante
Camelback Executive Realtors
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$379,900
Sold Price
$325,000
Premium/Discount to List
-$54,900
-14.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.58%

Purchase Details

Closed on
Apr 18, 2019
Sold by
The Cays Of Downtown Ocotillo Llc
Bought by
Voth Vernon H and Voth Alice H
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 Type Sale Price Title Company
Warranty Deed $565,000 Chicago Title
Warranty Deed $325,000 Driggs Title Agency Inc
Special Warranty Deed $360,078 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $536,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $565,000 -4.2% $420 / Sq Ft
05/24/2022 05/24/22 Price Changed $590,000 -0.7% $438 / Sq Ft
05/22/2022 05/22/22 Price Changed $594,000 -0.2% $441 / Sq Ft
05/18/2022 05/18/22 Price Changed $595,000 -0.8% $442 / Sq Ft
05/02/2022 05/02/22 Price Changed $600,000 -5.5% $446 / Sq Ft
04/30/2022 04/30/22 Price Changed $635,000 -5.9% $472 / Sq Ft
04/12/2022 04/12/22 For Sale $675,000 +107.7% $501 / Sq Ft
12/30/2020 12/30/20 Sold $325,000 -14.5% $241 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $379,900 -- $282 / 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 $1,866 $24,286 -- --
2024 $1,827 $18,884 -- --
2023 $1,827 $32,700 $6,540 $26,160
2022 $2,123 $30,980 $6,190 $24,790
2021 $2,182 $29,850 $5,970 $23,880
2020 $1,840 $27,820 $5,560 $22,260
2019 $1,769 $25,170 $5,030 $20,140
2018 $95 $1,305 $1,305 $0
2017 $89 $1,215 $1,215 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6156084

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-77-787