NOT LISTED FOR SALE

Estimated Value: $590,647 - $674,000

3 Beds
2 Baths
1,746 Sq Ft
$367/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $345,000 $198 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,823/month

33 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Private Yard
  • Basha Elementary School Rated A
  • Vaulted Ceiling
  • Covered patio or porch

About This Home

As of March 2019

Lakefront home on a quiet street in walking distance from all the shopping and dining of Almaschool and Queen Creek in the heart of Ocotillo. Entertain friends and family around the large island in the kitchen which opens to the family room for today's open concept layout. Enjoy your morning coffee overlooking the lake. Your master has a roomy closet and a large master bath with separate tub and shower. The walking paths around the lake are beautiful so you can get exercise with a view. One of the top rated school districts in the state and a shot walk to the elementary school. Walk to everything from the grocery story to dining on date night. Click 3D Walkthrough under virtual tour section to walk through every inch of the home from a computer or mobile device.

Last Listed By

Kevin Weil

RE/MAX Excalibur License #SA502994000 Listed on: 01/10/2019

RE/MAX Excalibur

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,179

Year Built

  • Built in 1998

Lot Details

  • 6,303 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,746 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered patio or porch

Schools

  • Basha Elementary School
  • Bogle Junior High School
  • Hamilton High School

Utilities

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

Community Details

  • Premier Community Association, Phone Number (480) 704-2900
  • Built by Keystone Companies Inc
  • Silverlake Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 303-40-205

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,179

Year Built

Built in 1998

Lot Details

0

HOA Fees

$57 per month

Parking

2

Listing Details

  • Cross Street: Almas School & Queen Creek
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 56.5
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2018
  • Directions: S on Alma School, E on Sandpiper, S on Felix to home.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: reex02
  • Co List Office Phone: 480-355-3500
  • Subdivision Name: SILVERLAKE
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 56.5
  • Special Features: None

Interior Features

  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1746.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Disposal2: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Covered Patio(s), Private Yard
  • Lot Features: Grass Front
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Premier Community
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Premier Community
  • Association Fees:HOA Telephone4: 480-704-2900
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Basha Elementary
  • High School: Hamilton High School
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6303.0
  • Parcel #: 303-40-205
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Keystone Companies Inc

Tax Info

  • Tax Annual Amount: 2179.0
  • Tax Book Number: 303.00
  • Tax Lot: 9
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2019
Closed on
Mar 11, 2019
Sold by
Schermann Kirk and Patterson Magdalena
Bought by
Chen Jun and Li Xia
Seller's Agent
Kevin Weil
RE/MAX Excalibur
Buyer's Agent
Alice Lin
The Housing Professionals
List Price
$365,000
Sold Price
$345,000
Premium/Discount to List
-$20,000
-5.48%
Total Days on Market
33
Current Estimated Value
$640,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,662
Avg. Annual Appreciation
10.52%
Original Mortgage
$258,750
Outstanding Balance
$173,762
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$466,900

Purchase Details

Closed on
Nov 2, 2016
Sold by
Spanovich Josina C
Bought by
Spanovich Josina C and The Spanovich Family Living Trust

Purchase Details

Closed on
Mar 17, 2009
Sold by
First Horizon Home Loans
Bought by
Spanovich Josina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,520
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2008
Sold by
Studer Paul R
Bought by
First Horizon Home Loans

Purchase Details

Closed on
Sep 6, 2007
Sold by
Clare Deborah C and Studer Deborah C
Bought by
Studer Paul R and Studer Paul B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,200
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2000
Sold by
Cullen Georgette B
Bought by
Studer Paul B and Studer Deborah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.22%

Purchase Details

Closed on
Dec 19, 1997
Sold by
Cullen Robert and Cullen Robert B
Bought by
Cullen Georgette B

Range of Values:

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Average Value
Not Available
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
Chen Jun $345,000 Old Republic Title Agency
Spanovich Josina C -- None Available
Spanovich Josina C $230,700 Security Title Agency
First Horizon Home Loans $199,750 None Available
Studer Paul R -- Dhi Title Of Arizona Inc
Studer Paul B $182,200 Ati Title Agency
Cullen Georgette B -- Transnation Title Ins Co
Cullen Georgette B $154,271 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jun $258,750
Previous Owner Spanovich Josina C $216,256
Previous Owner Spanovich Josina C $226,520
Previous Owner Studer Paul R $325,200
Previous Owner Studer Paul R $50,000
Previous Owner Studer Paul R $202,817
Previous Owner Studer Paul R $50,000
Previous Owner Studer Paul B $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $345,000 -2.8% $198 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
01/31/2019 01/31/19 Price Changed $355,000 -2.7% $203 / Sq Ft
01/10/2019 01/10/19 For Sale $365,000 -- $209 / 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 $2,363 $30,889 -- --
2024 $2,788 $29,418 -- --
2023 $2,788 $46,130 $9,220 $36,910
2022 $2,700 $34,020 $6,800 $27,220
2021 $2,775 $32,150 $6,430 $25,720
2020 $2,759 $30,560 $6,110 $24,450
2019 $2,663 $26,620 $5,320 $21,300
2018 $2,179 $25,420 $5,080 $20,340
2017 $2,031 $23,280 $4,650 $18,630
2016 $1,957 $23,550 $4,710 $18,840
2015 $1,896 $21,710 $4,340 $17,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5865831

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-40-205