$505,000
SOLD NOV 29, 2024
2 Beds
2 Baths
1,459 Sq Ft
$497/mo HOA Fee

Recently Sold

$346 Per Sq Ft

3% Below List Price

30 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Parking
  • Jacobson Elementary School Rated A
  • Unit is on the top floor
  • Community Lake

About This Home

As of November 2024

Lake Community Living! Luxury Resort-Style Penthouse in Downtown Ocotillo
Experience the ultimate in luxury with this exquisite penthouse located in the heart of downtown Ocotillo. Featuring two spacious master bedrooms, each with its own en-suite bathroom, and an additional den/office—perfect for working from home or as a guest space.
The bright, open-concept kitchen flows seamlessly into the living room, offering an ideal space for entertaining. Enjoy the convenience of a large laundry room and a water softener system for added comfort.
This resort-style community boasts a oversized heated pool, spa, and a boutique fitness center complete with a locker room that includes a shower and steam room for relaxation. Elevator access makes coming and going a breeze.
Just steps away from restaurants, cafes, entertainment, and a vibrant farmers market, this penthouse offers the best of both luxury and convenience.

Last Agent to Sell the Property

Rebecca Smeraldo

Gentry Real Estate Brokerage Phone: 480-390-6129 License #SA103810000 Listed on: 10/07/2024

Gentry Real Estate

Last Buyer's Agent

William Lewis

Williams Luxury Homes License #SA535172000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 2016

Lot Details

  • Two or More Common Walls
  • Wrought Iron Fence
  • Grass Covered Lot

HOA Fees

Parking

  • 1 Car Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Gated Parking
  • 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

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

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

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

Listing and Financial Details

  • Tax Lot 422
  • Assessor Parcel Number 303-77-900

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, cable TV, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Ccmc Association, Phone Number (602) 957-9191
  • Ocotillo Community Association, Phone Number (480) 921-7500
  • Association Phone (480) 921-7500
  • High-Rise Condominium
  • Built by Statesman
  • Cays At Downtown Ocotillo Condominium Amd Subdivision
  • Community Lake

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Community Spa
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,685

Year Built

Built in 2016

Lot Details

0

HOA Fees

$497 per month

Parking

1

Listing Details

  • Cross Street: Price Road & Queen Creek Road
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Condominium
  • Association Fees Community Facilities District: N
  • HOA #2 Name: Ocotillo Community
  • HOA #2 Phone Number: 480 921-7500
  • HOA #2 Transfer Fee: 400.0
  • 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: 497.3
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2016
  • Tax Year: 2023
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: CAYS AT DOWNTOWN OCOTILLO CONDOMINIUM AMD
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 420.3
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Water Purifier
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1459.0
  • Stories: 4
  • Window Features: Low-Emissivity Windows, Dual Pane
  • 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: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 Pantry: 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
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below
  • 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:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Gated, Garage Door Opener, Assigned, Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Electric Vehicle Charging Station(s): Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Gated2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, 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: 420.3
  • Association Fee Frequency: Monthly
  • Association: Ocotillo Community
  • Association Name: The Cays Ocotillo
  • Association Phone #2: 480 921-7500
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: The Cays Ocotillo
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1682.2
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 840.6
  • 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 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: 195.0
  • 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 Fees:HOA Management Company 2: CCMC
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Cable TV, Maintenance Grounds, 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 #: 303-77-900

Building Info

  • Builder Name: Statesman

Tax Info

  • Tax Annual Amount: 1685.0
  • Tax Book Number: 303.00
  • Tax Lot: 422
  • Tax Map Number: 77.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2025
Sold by
Heyer Pauline
Bought by
Heyer Family Trust and Heyer
Current Estimated Value
$507,031

Purchase Details

Listed on
Oct 7, 2024
Closed on
Nov 26, 2024
Sold by
Walia Divya
Bought by
Heyer Pauline
Seller's Agent
Rebecca Smeraldo
Gentry Real Estate
Buyer's Agent
William Lewis
Williams Luxury Homes
List Price
$520,000
Sold Price
$505,000
Premium/Discount to List
-$15,000
-2.88%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.44%
Original Mortgage
$378,750
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 22, 2021
Sold by
Frankel Howard S and Frankel Pearl
Bought by
Walia Divya
Seller's Agent
Thomas Mastromatto
Mountain Lake Realty
Buyer's Agent
Thomas LaMendola
eXp Realty
List Price
$429,900
Sold Price
$429,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$279,900
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2017
Sold by
The Cays Of Downtown Ocotillo Llc
Bought by
Frankel Howard S and Frankel Pearl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
3.95%
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 Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed $505,000 Wfg National Title Insurance C
Warranty Deed $429,900 Magnus Title Agency Llc
Special Warranty Deed $355,997 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $378,750 New Conventional
Previous Owner $279,900 New Conventional
Previous Owner $191,900 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2024 11/29/24 Sold $505,000 -2.9% $346 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $520,000 +21.0% $356 / Sq Ft
08/12/2021 08/12/21 Sold $429,900 0.0% $293 / Sq Ft View Prior Sale
06/08/2021 06/08/21 For Sale $429,900 -- $293 / 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 $1,744 $22,395 -- --
2024 $1,685 $21,328 -- --
2023 $1,685 $38,110 $7,620 $30,490
2022 $1,626 $34,180 $6,830 $27,350
2021 $1,704 $33,220 $6,640 $26,580
2020 $1,696 $31,770 $6,350 $25,420
2019 $1,631 $26,550 $5,310 $21,240
2018 $1,580 $26,870 $5,370 $21,500
2017 $1,473 $20,210 $4,040 $16,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6768431

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-77-900