NOT LISTED FOR SALE

345 E Ocotillo Rd Phoenix, AZ 85012

Alhambra Neighborhood

Estimated Value: $2,014,000 - $2,539,000

5 Beds
4 Baths
5,177 Sq Ft
$443/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $2,340,000 $452 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $13,486/month

Highlights

  • Heated Spa
  • 0.61 Acre Lot
  • Granite Countertops
  • Madison Richard Simis School Rated A-
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of May 2024

THIS HOME LOCATED ON ONE OF THE PREMIER LUXURY STREETS IN NORTH CENTRAL WAS BUILT BRAND NEW IN 2004 BY RICH ZACHER WTH ZACHER CONSTRUCTION WHO BUILT MANY NEW NORTH CENTRAL HOMES BETWEEN 2000-2010. THIS HOME CURRENTLY WAS SOLD AS AN OFF MARKET SALE. TIMELESS CONSTRUCTION BY ZACHER DEVELOPMENT SITUATED ON A GREAT NORTH CENTRAL LUXURY LOT. THIS WAS A DOUBLE LOT TOTALLING 26,568 SQUARE FEET. INCREDIBLE HOME INCLUDED NUMEROUS UPGRADES BY CURRENT SELLER WHO BOUGHT THE LOT FROM ZACHER.

Last Agent to Sell the Property

Bobby Lieb

Compass Brokerage Phone: (602) 376-1341 License #BR007861000 Listed on: 03/12/2024

Last Buyer's Agent

Mike Weeks

Compass License #SA648251000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,020

Year Built

  • Built in 2003

Lot Details

  • 0.61 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • 5 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Roof Updated in 2023
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 5,177 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Play Pool

Schools

  • Madison Richard Simis Elementary School
  • Madison Meadows Middle School
  • Central High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by ZACHER DEVELOPMENT
  • Miltons Groves Lots 11 52 Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 161-19-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,020

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 7TH STREET & GLENDALE
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2018
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2023
  • Parking Spaces Slab Parking Spaces: 5.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Spa Private: Yes
  • Tax Year: 2023
  • Directions: SOUTH ON 7TH STREET TO OCOTILLO..WEST TO HOME
  • Attribution Contact: (602) 376-1341
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.61
  • Subdivision Name: MILTONS GROVES LOTS 11-52
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Central Vacuum, No Interior Steps, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5177.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, Private
  • Disclosures: Seller Discl Avail
  • 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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 5.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Madison Richard Simis School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 26568.0
  • Parcel #: 161-19-027

Building Info

  • Builder Name: ZACHER DEVELOPMENT

Tax Info

  • Tax Annual Amount: 16020.0
  • Tax Book Number: 161.00
  • Tax Lot: 18
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
May 15, 2024
Sold by
Trust Agreement For The Fefer Revocable and Fefer Richard J
Bought by
East Michael B and East Melinda A
Seller's Agent
Bobby Lieb
Compass
Buyer's Agent
Mike Weeks
Compass
List Price
$2,340,000
Sold Price
$2,340,000
Views
39
Current Estimated Value
$2,293,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,277
Avg. Annual Appreciation
-0.63%
Original Mortgage
$1,700,000
Outstanding Balance
$1,682,229
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$637,605

Purchase Details

Closed on
Feb 12, 2021
Sold by
Fefer Richard J and Fefer Helene J
Bought by
Fefer Richard J and Fefer Helene J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2012
Sold by
Fefer Richard J and Fefer Helene J
Bought by
Fefer Richard J and Fefer Helene J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$777,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2011
Sold by
Fefer Richard J and Fefer Helene J
Bought by
Fefer Richard J and Fefer Helen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2005
Sold by
Fefer Richard J and Fefer Helen J
Bought by
Fefer Richard J and Fefer Helene J

Purchase Details

Closed on
May 24, 2004
Sold by
The Zacher Development Co Llc
Bought by
Fefer Richard J and Fefer Helene J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2003
Sold by
Mann Kevin E and Mann Marie
Bought by
The Zacher Development Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.93%

Purchase Details

Closed on
Jan 24, 2002
Sold by
Erickson Carol Ann
Bought by
Mann Kevin E and Mann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
7.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
East Michael B $2,340,000 Wfg National Title Insurance C
Fefer Richard J -- Wfg National Title Ins Co
Fefer Richard J -- Wfg National Title Ins Co
Fefer Richard J -- Accommodation
Fefer Richard J -- Magnus Title Agency
Fefer Richard J -- Accommodation
Fefer Richard J -- Greystone Title Agency
Fefer Richard J -- --
Fefer Richard J $1,383,357 Fidelity National Title
The Zacher Development Co Llc $335,000 Fidelity National Title
Mann Kevin E $310,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East Michael B $1,700,000
Previous Owner Fefer Richard J $548,250
Previous Owner Fefer Richard J $777,000
Previous Owner Fefer Richard J $785,000
Previous Owner Fefer Richard J $750,000
Previous Owner The Zacher Development Co Llc $350,000
Previous Owner Mann Kevin E $279,000
Closed Fefer Richard J $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $2,340,000 0.0% $452 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $2,340,000 -- $452 / 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 $16,477 $137,498 -- --
2024 $16,020 $130,951 -- --
2023 $16,020 $165,370 $33,070 $132,300
2022 $15,525 $122,150 $24,430 $97,720
2021 $15,664 $113,120 $22,620 $90,500
2020 $16,492 $116,650 $23,330 $93,320
2019 $16,115 $109,530 $21,900 $87,630
2018 $15,738 $104,520 $20,900 $83,620
2017 $15,895 $111,350 $22,270 $89,080
2016 $15,326 $100,450 $20,090 $80,360
2015 $14,436 $101,530 $20,300 $81,230
Source: Public Records

Agents Affiliated with this Home

  • Bobby Lieb

    Seller's Agent in 2024

    Bobby Lieb

    Compass

    (602) 376-3992

    103 in this area

    370 Total Sales

    Bobby Lieb
    Section Image
  • Mike Weeks

    Buyer's Agent in 2024

    Mike Weeks

    Compass

    (602) 625-7058

    15 in this area

    52 Total Sales

    Mike Weeks
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6675819

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-19-027

Arizona Maricopa County Phoenix 85012 Alhambra

345 E Ocotillo Rd, Phoenix, AZ

This home is located at 345 E Ocotillo Rd, Phoenix, AZ 85012 since 12 March 2024 and is currently estimated at $2,293,723, approximately $443 per square foot. This property was built in 2003. 345 E Ocotillo Rd is a home located in Maricopa County with nearby schools including Madison Richard Simis School, Madison Meadows School, and Central High School.

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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