NOT LISTED FOR SALE

The Cays at Ocotillo 2511 W Queen Creek Rd Unit 431 Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $425,432 - $529,000

2 Beds
2.5 Baths
1,061 Sq Ft
$348/mo HOA Fee

Last Sold December 12, 2023

Last sale price $510,000 $481 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,885/month

83 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Community Lake
  • Jacobson Elementary School Rated A
  • Gated Parking
  • Theater or Screening Room

About This Home

As of December 2023

Penthouse Luxury Lake Community in downtown Ocotillo. Rare condo with full Pool & Lake views. Contemporary style, bright and spacious. Beautiful Gourmet Kitchen with ample Espresso Maple Cabinetry. Master bedroom with En Suite, Walkin Closet, Custom built-in desk.
Separate guest bathroom. Loft/bedroom upstairs with full En Suite plus closet.
Full upper/lower washer dryer.
Coat/Storage closets. Seller has purchased an extra gated private parking space if needed, can be sold on a separate bill of sale.
Amenities include, Heated community pool, spa, boutique workout facility, clubroom, steam room, media room & more!
Enjoy walking to restaurants, entertainment & farmers market.
Feel like you are on vacation all year round.

Last Agent to Sell the Property

Rebecca Smeraldo

Gentry Real Estate Brokerage Phone: 480-390-6129 License #SA103810000 Listed on: 08/19/2023

Gentry Real Estate

Co-Listed By

Manlio Smeraldo

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

Last Buyer's Agent

Kimberley Erev

Weichert, Realtors - Courtney Valleywide License #SA690923000

Weichert, Realtors - Courtney Valleywide

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,276

Year Built

  • Built in 2016

Lot Details

  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall 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

  • 1,061 Sq Ft Home
  • 4-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

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 Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 431
  • Assessor Parcel Number 303-77-907

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, cable TV, ground maintenance, street maintenance, front yard maint, trash, roof replacement, maintenance exterior
  • Aam Property Manag. Association, Phone Number (602) 957-9191
  • Ocotillo Community Association, Phone Number (480) 704-2900
  • Association Phone (480) 704-2900
  • High-Rise Condominium
  • Built by Statesmann
  • Cays At Downtown Ocotillo Condominium Amd Subdivision
  • Community Lake

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Community Spa
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,276

Year Built

Built in 2016

Lot Details

0

HOA Fees

$348 per month

Parking

1

Listing Details

  • Cross Street: Queen Creek RD/Price RD
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Condominium
  • Association Fees Community Facilities District: N
  • HOA #2 Name: Ocotillo Community
  • HOA #2 Phone Number: 480-704-2900
  • 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: 347.78
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2016
  • Tax Year: 2022
  • Directions: Queen Creek Rd & Dobson Directions: 101 South to Price Rd exit. South on S Price Rd to Queen Creek Rd. East on Queen Creek Rd. Property on right/south. Building #2
  • Attribution Contact: 480-390-6129
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: gntr01
  • Co List Office Phone: 480-750-9910
  • Subdivision Name: CAYS AT DOWNTOWN OCOTILLO CONDOMINIUM AMD
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 278.78
  • 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
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1061.0
  • Stories: 4
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: 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
  • Other Rooms:Family Room: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, 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
  • Security: Fire Sprinkler System
  • 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: 207.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 278.78
  • Association Fee Frequency: Monthly
  • Association: Ocotillo Community
  • Association Name: AAM Property Manag.
  • Association Phone #2: 480-704-2900
  • 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: AAM Property Manag.
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 557.56
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 557.56
  • 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 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: 557.56
  • Association Fees:Disclosure Fees HOA 2: 190.0
  • 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: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, 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: 861.0
  • Parcel #: 303-77-907

Building Info

  • Builder Name: Statesmann

Tax Info

  • Tax Annual Amount: 1276.0
  • Tax Book Number: 303.00
  • Tax Lot: 431
  • Tax Map Number: 77.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Dec 5, 2023
Sold by
Kelzer Courtney L
Bought by
Fortenberry Eugene and Fortenberry Bertha
Seller's Agent
Rebecca Smeraldo
Gentry Real Estate
Buyer's Agent
Kimberley Erev
Weichert, Realtors - Courtney Valleywide
List Price
$559,000
Sold Price
$510,000
Premium/Discount to List
-$49,000
-8.77%
Views
72
Current Estimated Value
$462,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,142
Avg. Annual Appreciation
-5.03%
Original Mortgage
$520,965
Outstanding Balance
$512,787
Interest Rate
7.79%
Mortgage Type
VA
Estimated Equity
-$49,929

Purchase Details

Closed on
Apr 4, 2018
Sold by
The Cays Of Downtown Ocotillo Llc
Bought by
Kelzer Courtney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,610
Interest Rate
4.46%
Mortgage Type
New Conventional
Source: Public Records

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
Fortenberry Eugene $510,000 Chicago Title
Kelzer Courtney L $282,900 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortenberry Eugene $520,965
Previous Owner Kelzer Courtney L $254,610
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2023 12/12/23 Sold $510,000 0.0% $481 / Sq Ft
11/11/2023 11/11/23 Pending -- -- --
11/08/2023 11/08/23 Price Changed $510,000 -3.6% $481 / Sq Ft
10/31/2023 10/31/23 Price Changed $529,000 -0.8% $499 / Sq Ft
10/02/2023 10/02/23 Price Changed $533,500 -0.1% $503 / Sq Ft
09/14/2023 09/14/23 Price Changed $534,000 -4.5% $503 / Sq Ft
08/19/2023 08/19/23 For Sale $559,000 -- $527 / 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 $1,369 $17,574 -- --
2024 $1,322 $16,738 -- --
2023 $1,322 $31,880 $6,370 $25,510
2022 $1,276 $26,660 $5,330 $21,330
2021 $1,337 $24,750 $4,950 $19,800
2020 $1,331 $23,010 $4,600 $18,410
2019 $1,280 $21,080 $4,210 $16,870
2018 $1,240 $21,420 $4,280 $17,140
2017 $1,383 $15,860 $3,170 $12,690
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Smeraldo

    Seller's Agent in 2023

    Rebecca Smeraldo

    Gentry Real Estate

    (480) 390-6129

    33 in this area

    92 Total Sales

    Rebecca Smeraldo
    Section Image
  • Manlio Smeraldo

    Seller Co-Listing Agent in 2023

    Manlio Smeraldo

    Gentry Real Estate

    (480) 993-8521

    24 in this area

    74 Total Sales

    Manlio Smeraldo
    Section Image

  • K

    Buyer's Agent in 2023

    Kimberley Erev

    Weichert, Realtors - Courtney Valleywide

    (480) 705-9600

    1 in this area

    15 Total Sales

    Kimberley Erev
    Section Image
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About The Cays at Ocotillo

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6589029

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-77-907

Arizona Maricopa County Chandler 85248 Ocotillo

2511 W Queen Creek Rd Unit 431, Chandler, AZ

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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