NOT LISTED FOR SALE

Estimated Value: $571,083 - $600,000

2 Beds
2 Baths
1,459 Sq Ft
$497/mo HOA Fee

Last Sold April 29, 2024

Last sale price $575,000 $394 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,930/month

4 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Mountain View
  • Jacobson Elementary School Rated A
  • Waterfront
  • Community Lake

About This Home

As of April 2024

Imagine a scene where you're stepping into a pinnacle of luxury living, nestled by a tranquil lakeside, with the grandeur of the San Tan Mountains stretching into the horizon. This luxury penthouse offers a seamless blend of modern elegance and natural beauty. As you enter, the gourmet kitchen catches your eye, boasting top-of-the-line KitchenAid stainless steel appliances, white maple cabinetry that exudes a sense of warmth and sophistication, and quartz countertops that shimmer under the ambient lighting. The wood tile flooring stretches throughout the space extended to balcony, offering a touch of charm amidst the modern luxury. Adjacent to the kitchen, a separate office space is thoughtfully designed with a jack and jill bathroom, ensuring both privacy and convenience. The home features a coat closet and a large pantry, catering to all your storage needs. The large laundry room is equipped with an LG washer and dryer, alongside a water softener, adding to the penthouse's thoughtful amenities.The living room, a masterpiece of design, features large sliding doors that lead to an oversized balcony. Here, the breathtaking views of the serene lake and the majestic San Tan Mountains await you, promising endless moments of peace and relaxation. The separate master bedroom entrance to the balcony ensures that this tranquil vista is just a step away, offering a private retreat within your sanctuary.The penthouse's amenities extend beyond its interior luxury. A heated pool and spa invite you to unwind and rejuvenate, while the fitness facility, club room, and steam rooms offer spaces for health and social engagement. The fire pits and BBQ areas provide perfect settings for entertaining under the starlit sky.Situated within walking distance to fine restaurants, entertainment options, and a farmer's market, this penthouse offers a lifestyle of unparalleled luxury and convenience. It's not just a home; it's a gateway to a life of exquisite living, where every detail is crafted for comfort, elegance, and serenity. This is luxury living at its best, a haven where every day feels like a retreat into paradise.

Last Agent to Sell the Property

Rebecca Smeraldo

Gentry Real Estate Brokerage Phone: 480-390-6129 License #SA103810000 Listed on: 02/26/2024

Gentry Real Estate

Co-Listed By

Manlio Smeraldo

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

Last Buyer's Agent

Rachel Hammond

West USA Realty License #SA101179000

West USA Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,423

Year Built

  • Built in 2021

Lot Details

  • Wrought Iron Fence
  • Grass Covered Lot

HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Parking Permit Required
  • Assigned Parking

Home Design

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

Interior Spaces

  • 1,459 Sq Ft Home
  • 4-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Roller Shields

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Smart Home

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered patio or porch

Location

  • Unit is on the top floor
  • Property is near a bus stop

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 406
  • Assessor Parcel Number 303-80-461

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, electricity, cable TV, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Ccmc Association, Phone Number (602) 957-9191
  • Ocotillo Community Association, Phone Number (480) 624-7500
  • Association Phone (480) 624-7500
  • High-Rise Condominium
  • Built by Statesman
  • Cays At Downtown Ocotillo Condominium Amd Replat Subdivision, Riviera Floorplan
  • FHA/VA Approved Complex
  • Community Lake

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Community Spa
  • Bike Trail

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,423

Year Built

Built in 2021

Lot Details

0

HOA Fees

$497 per month

Parking

1

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: 480-624-7500
  • 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: 497.3
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2021
  • Tax Year: 2023
  • Master Model: Riviera
  • 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: 420.3
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Fire Sprinklers, No Interior Steps, Roller Shields, Kitchen Island, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Smart Home
  • Living Area: 1459.0
  • Stories: 4
  • Window Features: Dual Pane, Low-E, Vinyl Frame
  • 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
  • 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
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Electric Door Opener, Assigned, Permit Required
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Assigned Parking: Yes
  • Parking Features:PermitDecal Req_squote_d: 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: Pickleball Court(s), Community Spa Htd, Community Pool Htd, Near Bus Stop, Lake Subdivision, Community Media Room, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association #2 Fee: 231.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 420.3
  • Association Fee Frequency: Monthly
  • Association: Ocotillo Community
  • Association Name: The Cays Ocotillo
  • Association Phone #2: 480-624-7500
  • Phone: 602-957-9191
  • 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 Ocotillo
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 840.6
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 854.6
  • 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 Management Phone: 602-957-9191
  • 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 Fees:Disclosure Fees HOA 2: 400.0
  • 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:Pest Control: Yes
  • Association Fees:HOA Management Company 2: CCMC
  • Association Fees:HOA Management Phone 2: 480-624-7500
  • Association Fee Incl:Cable or Satellite: Yes
  • Association Fee Incl:Electric8: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Electricity, 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: 1464.0
  • Parcel #: 303-80-461
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Statesman

Tax Info

  • Tax Annual Amount: 2423.0
  • Tax Book Number: 303.00
  • Tax Lot: 406
  • Tax Map Number: 80.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Apr 29, 2024
Sold by
Dennis S Sarfate S and Dennis Jada L
Bought by
Charles H Weinert Trust and Weinert
Seller's Agent
Rebecca Smeraldo
Gentry Real Estate
Buyer's Agent
Rachel Hammond
West USA Realty
List Price
$585,000
Sold Price
$575,000
Premium/Discount to List
-$10,000
-1.71%
Total Days on Market
4
Views
28
Current Estimated Value
$583,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,771
Avg. Annual Appreciation
1.35%
Original Mortgage
$523,968
Outstanding Balance
$518,854
Interest Rate
6.74%
Mortgage Type
VA
Estimated Equity
$64,917

Purchase Details

Closed on
Feb 9, 2021
Sold by
The Cays Of Downtown Ocotullo Llc
Bought by
Sarfate Dennis S and Sarfate Jada L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,920
Interest Rate
2.6%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Chandler, AZ

  • 2511 W Queen Creek Rd Unit 337, Chandler, AZ 85248

    $500,000

    • 2 Beds
    • 2 Baths
    • 1,346 Sq Ft
    • 2511 W Queen Creek Rd
    • Unit 337
    • Chandler, AZ

    Experience luxury living at The Cays in Downtown Ocotillo, one of Chandler's premier communities. This 2-bed, 2-bath condo includes a rare tandem 2-car garage with private storage and offers added privacy with no unit below, located directly above the yoga studio. Inside, you'll find a spacious split floor plan with numerous upgrades, including quartz countertops in the kitchen and bathrooms, a

    Mike Jung SK Realty

    Section Image
  • 2511 W Queen Creek Rd Unit 262, Chandler, AZ 85248

    $485,000

    • 2 Beds
    • 2 Baths
    • 1,191 Sq Ft
    • 2511 W Queen Creek Rd
    • Unit 262
    • Chandler, AZ

    Imagine waking up every morning to stunning views of a tranquil lake, while enjoying the comforts of a luxurious home. This dream can become a reality in the new luxury lake community built in 2023. With its modern design, exceptional amenities, and a prime location, this community offers an unparalleled lifestyle that caters to those seeking comfort and convenience.The heart of this exquisite

    Rebecca Smeraldo Gentry Real Estate

    Section Image
  • 2511 W Queen Creek Rd Unit 266, Chandler, AZ 85248

    $509,900

    • 2 Beds
    • 2 Baths
    • 1,346 Sq Ft
    • 2511 W Queen Creek Rd
    • Unit 266
    • Chandler, AZ

    The Cays at Downtown Ocotillo is one heck of a place to live! The amenities will blow your mind- resort style pool, access to tennis courts, pickleball courts, a rec/media room for residents to use, garage parking and so much more! This two bedroom, two bath condo is great layout and offers a lot of space! Prime location in the community with water views! Gorgeous white cabinets and quartz

    Gretchyn Ranger West USA Realty

    Section Image
  • 2511 W Queen Creek Rd Unit 474, Chandler, AZ 85248

    $449,000

    • 2 Beds
    • 2 Baths
    • 1,204 Sq Ft
    • 2511 W Queen Creek Rd
    • Unit 474
    • Chandler, AZ

    Rare opportunity to purchase a FULLY FURNISHED condo! Welcome to life at The Cays at Downtown Ocotillo, a resort style community in the heart of Chandler, AZ where every day feels like a getaway. This beautifully maintained 2 bedroom, 2 bath condo is being sold fully furnished, offering a seamless, turnkey opportunity ideal for busy professionals, executives, or corporate buyers. Every piece has

    Dawn Forkenbrock Real Broker

    Section Image
  • 2511 W Queen Creek Rd Unit 271, Chandler, AZ 85248

    $509,900

    • 2 Beds
    • 2 Baths
    • 1,346 Sq Ft
    • 2511 W Queen Creek Rd
    • Unit 271
    • Chandler, AZ

    Are you ready to live your best life yet? Experience all The Cays at Downtown Ocotillo has to offer with this luxury two bedroom, two bath condo in Chandler! Beautiful white cabinets and quartz counters. Completely turn key with the option of buying it FULLY FURNISHED! This unique lake subdivision offers resort style amenities and a GATED PARKING GARAGE! Walk to coffee shops, restaurants and

    Gretchyn Ranger West USA Realty

    Section Image
  • 2511 W Queen Creek Rd Unit 307, Chandler, AZ 85248

    $464,899

    • 2 Beds
    • 2 Baths
    • 1,346 Sq Ft
    • 2511 W Queen Creek Rd
    • Unit 307
    • Chandler, AZ

    Luxury. Location. Lifestyle. Welcome to The Cays at Downtown Ocotillo, where luxury meets resort-style living in the heart of Chandler. . This premium third floor east-facing unit offers breathtaking sunrise and mountain views and overlooks the community fountain, providing a tranquil ambiance unmatched by interior locations. Step into a bright and open-concept living space with designer high-end

    David Zajdzinski eXp Realty

    Section Image
  • 2511 W Queen Creek Rd Unit 415, Chandler, AZ 85248

    $499,000

    • 2 Beds
    • 2 Baths
    • 1,459 Sq Ft
    • 2511 W Queen Creek Rd
    • Unit 415
    • Chandler, AZ

    Welcome to your dream penthouse! Fully Furnished.Enjoy private retreats with En-Suites for ultimate convenience. Additional den/office Perfect for a home office or guest space, adding versatility to your living area.Stylish Kitchen backsplash with chic design enhances the modern kitchen.Enjoy a seamless flow and luxurious feel. Stainless-Steel Kitchen Aid appliances, cook and entertain. Upgraded

    Rebecca Smeraldo Gentry Real Estate

    Section Image
  • 2511 W Queen Creek Rd Unit 377, Chandler, AZ 85248

    $549,900

    • 2 Beds
    • 2 Baths
    • 1,346 Sq Ft
    • 2511 W Queen Creek Rd
    • Unit 377
    • Chandler, AZ

    This beautiful condo is located in building 4, which is the newest one. It offers 2 bedrooms, 2 baths and overlooks all the restaurants and shops. The extended patio gives you extra living space which is great for entertaining. With white cabinets, stainless appliances and upgrades throughout, this condo is truly a must-see! Condo also has the additional garage storage that conveys

    Jen Felker Compass

    Section Image
  • 2511 W Queen Creek Rd Unit 340, Chandler, AZ 85248

    $460,000

    • 2 Beds
    • 2 Baths
    • 1,346 Sq Ft
    • 2511 W Queen Creek Rd
    • Unit 340
    • Chandler, AZ

    Discover luxury living in this 2-bed, 2-bath condo in The Cays at Downtown Ocotillo. Property features an efficient, OPEN FLOOR PLAN with HIGH CEILINGS, private balcony, GRANITE kitchen countertops, and a custom wardrobe closet. Enjoy the convenience of GATED GARAGE PARKING and no interior steps.Located in a serene lake subdivision, the community offers RESORT-STYLE amenities, including a pool,

    Nicolle Karantinos Realty Executives

    Section Image

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
Charles H Weinert Trust $575,000 First American Title Insurance
Sarfate Dennis S $423,245 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charles H Weinert Trust $523,968
Previous Owner Sarfate Dennis S $380,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $575,000 -1.7% $394 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $585,000 -- $401 / 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 $2,063 $26,844 -- --
2024 $2,423 $25,566 -- --
2023 $2,423 $42,750 $8,550 $34,200
2022 $2,346 $34,610 $6,920 $27,690
2021 $406 $6,420 $6,420 $0
2020 $404 $6,210 $6,210 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6668888

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-80-461