$240,000
SOLD MAY 4, 2012
3 Beds
2 Baths
1,899 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

4% Below List Price

17 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Covered patio or porch
  • Basha Elementary School Rated A
  • Vaulted Ceiling
  • Eat-In Kitchen

About This Home

As of May 2012

WOW! Beautiful lake front home in the prestegious Ocotillo community featuring boating, fishing, tennis, golf and more! Close to 202 freeway, Chandler fashion square mall and many other amenities! Inside you'll love the large master bedroom with walk-in-closet, seperate tub/shower, double sinks & lake views, open kitchen with ceramic tile, gas stove, built-in-microwave, kitchen island & breakfast bar, large family room with lake views & formal living/dining room, large laundry room with built-in-cabs, oversized secondary bedrooms & more! Outside you'll love the peaceful lake view from under your extended covered patio, your private boat dock, beautifully manicured lawn with citrus trees and of course the GORGEOUS lake views!

Last Agent to Sell the Property

James Bell III

RE/MAX Alliance Group License #SA116226000 Listed on: 03/09/2012

Last Buyer's Agent

Scot Ellis

M.A.Z. Realty Professionals License #SA522615000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,061

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • Block Wall Fence

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,899 Sq Ft Home
  • Vaulted Ceiling
  • Family Room
  • Combination Dining and Living Room
  • Security System Owned
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Covered patio or porch

Schools

  • Hamilton High School

Utilities

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

Community Details

  • $1,911 per year Dock Fee
  • Association fees include common area maintenance
  • Carmel Bay At Ocotil HOA
  • Located in the Ocotillo master-planned community
  • Built by UDC
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,061

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Tax Municipality: Chandler
  • Cross Street: Alma School & Queen Creek
  • Legal Info Lot Number: 28
  • Property Type: A
  • Technology: Cable TV Avail, High Speed Internet Available, Security Sys Owned
  • Assessor Parcel Number: 320.00
  • Legal Description Abbrev: Carmel Bay At Ocotillo
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst
  • Assessor Parcel Number: 303-75-320
  • HOA Association Fee: 56.50
  • HOA Name: Carmel Bay at Ocotil
  • HOA Paid Frequency: Monthly
  • HOA Property Manager Company Name: Premier Comm Mgmt
  • HOA Property Management Company Phone: 480-704-2900
  • HOA Fees: Y
  • Total Monthly Fee Equivalent: 56.50
  • Association Rules: Pets OK (See Rmrks), Prof Managed
  • Construction Finish: Painted, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 32FR2G2S
  • Map Code Grid: U38
  • Primary Bathroom Type: Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 2.00
  • Parking Spaces Slab Parking Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Planned Comm Name: Ocotillo
  • Price per Sq Ft: 126.37
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1996
  • Tax Year: 2011
  • Directions: S2 Basha Rd E2 Rockrose W2 Heath S2 Your new home on the water!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: Vaulted Ceiling(s)
  • Bedrooms: 3
  • Bedrooms Plus: 3.00
  • Other Rooms: Family Room
  • Bathrooms: 2.00
  • Laundry: Inside
  • Flooring: Carpet, Linoleum, Tile
  • Fireplace: No Fireplace
  • Dining Area: Breakfast Bar, Dining in LR/GR, Eat-in Kitchen
  • Estimated Lot Sq Ft: 6682.00
  • Estimated Sq Ft: 1899.00
  • Kitchen Features: Built-in Microwave, Cook Top Gas, Dishwasher, Disposal, Kitchen Island, Pantry, Range/Oven Gas
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Landscaping: Grass Back, Grass Front
  • Roofing: Tile
  • Fencing: Block
  • Construction: Frame - Wood
  • Exterior Features: Covered Patio(s)
  • Pool Private: No Pool

Garage/Parking

  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener

Utilities

  • Water: City Water
  • Utilities: SRP, SW Gas
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas

Condo/Co-op/Association

  • Community Features: Lake Subdivision
  • Fee Include: Common Area Maint

Schools

  • High School: Hamilton High School
  • High School: Hamilton High School

Lot Info

  • Property Description: Waterfront Lot

Building Info

  • Builder Name: UDC

Tax Info

  • Taxes: 1911.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2012
Closed on
Apr 16, 2012
Sold by
Bell Donna Sue
Bought by
Heath Way Llc
Seller's Agent
James Bell III
RE/MAX Alliance Group
Buyer's Agent
Scot Ellis
M.A.Z. Realty Professionals
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$615,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,544
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Jul 1, 2003
Sold by
Steele Lucille
Bought by
Steele Lucille and Lucille Steele Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2001
Sold by
Steele Lucille
Bought by
Steele Lucille and Lucille Steele Living Trust

Purchase Details

Closed on
Dec 24, 1996
Sold by
First American Title Insurance Company
Bought by
Steele Harvey T and Steele Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
7.53%
Mortgage Type
New Conventional
Source: Public Records

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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 Type Sale Price Title Company
Cash Sale Deed $238,000 American Title Service Agenc
Interfamily Deed Transfer -- Security Title Agency
Interfamily Deed Transfer -- Security Title Agency
Interfamily Deed Transfer -- --
Warranty Deed $152,028 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $28,000 Credit Line Revolving
Previous Owner $100,800 Purchase Money Mortgage
Previous Owner $82,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2012 09/01/12 Rented $1,350 -18.2% --
08/30/2012 08/30/12 Under Contract -- -- --
05/30/2012 05/30/12 For Rent $1,650 0.0% --
05/04/2012 05/04/12 Sold $240,000 -4.0% $126 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $250,000 -- $132 / 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 $3,061 $33,266 -- --
2024 $3,002 $31,682 -- --
2023 $3,002 $46,020 $9,200 $36,820
2022 $2,907 $34,610 $6,920 $27,690
2021 $2,988 $32,980 $6,590 $26,390
2020 $2,972 $29,310 $5,860 $23,450
2019 $2,868 $28,230 $5,640 $22,590
2018 $2,786 $26,960 $5,390 $21,570
2017 $2,617 $24,810 $4,960 $19,850
2016 $2,528 $25,300 $5,060 $20,240
2015 $2,424 $23,370 $4,670 $18,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4728061

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-75-320