NOT LISTED FOR SALE

4140 S Ambrosia Dr Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $1,577,000 - $1,889,000

6 Beds
4 Baths
5,243 Sq Ft
$329/Sq Ft Est. Value

Last Sold February 09, 2013

Last sale price $697,500 $133 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $10,021/month

70 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Community Lake
  • Chandler Traditional Academy Independence Campus Rated A
  • 0.39 Acre Lot
  • Contemporary Architecture

About This Home

As of February 2013

Beautiful Basement home in Private Gated community of Embarcadero. Private pool and Spa. Complete Interior and Exterior newly painted, Newly installed carpets. Wood shutters, Wood and travertine Flooring, Granite countertops, Stainless steel appliances, double island in Kitchen. Stone Front floor to ceiling fireplace with media nitch, New pool fence, electric Shade Awnings. Home is move in ready condition...

Last Agent to Sell the Property

Rita E McVay

LRA Real Estate Group, LLC License #SA103683000 Listed on: 10/29/2012

Last Buyer's Agent

Lin Lin

ECLAT Real Estate License #BR639647000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,659

Year Built

  • Built in 2003

Lot Details

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

HOA Fees

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 5,243 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Play Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch

Schools

  • Hamilton High School

Utilities

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

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 303-90-039

Community Details

Overview

  • Association fees include ground maintenance
  • Premier Mmgt Association, Phone Number (480) 704-2900
  • Ocotillo Association, Phone Number (480) 704-2900
  • Association Phone (480) 704-2900
  • Built by TW Lewis
  • Embarcadero At Ocotillo Subdivision
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,659

Year Built

Built in 2003

Lot Details

0

HOA Fees

$153 per month

Parking

4

Listing Details

  • Cross Street: Alma School and Ocotillo
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Ocotillo
  • HOA #2 Phone Number: 480-704-2900
  • HOA #2 Transfer Fee: 200.0
  • HOA #2: Y
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 152.5
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Spa Private: Yes
  • Tax Year: 2011
  • Directions: South on Alma School to Ocotillo, West to entrance of Embarcadero, through guard gate, West and South to home.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.39
  • Subdivision Name: Embarcadero at Ocotillo
  • Architectural Style: Contemporary
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 96.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Tile, Wood
  • Basement YN: Yes
  • Spa Features: Heated, Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 6
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 5243.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Community Features:Lake Subdivision: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Fenced, Heated, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Lake Subdivision
  • Amenities: Management
  • Association #2 Fee: 56.5
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 96.0
  • Association Fee Frequency: Monthly
  • Association: Ocotillo
  • Association Name: Premier Mmgt
  • Association Phone #2: 480-704-2900
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 275.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Premier Mmgt
  • 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:HOA Paid Frequency 2: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • High School: Hamilton High School
  • Junior High Dist: Chandler Unified District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16830.0
  • Parcel #: 303-90-039
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: TW Lewis

Tax Info

  • Tax Annual Amount: 5659.0
  • Tax Book Number: 303.00
  • Tax Lot: 27
  • Tax Map Number: 90.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2012
Closed on
Jan 16, 2013
Sold by
The Bank Of New York Mellon
Bought by
Zou Bin and Xiao Lijin
Seller's Agent
Rita E McVay
LRA Real Estate Group, LLC
Buyer's Agent
Lin Lin
ECLAT Real Estate
List Price
$699,900
Sold Price
$697,500
Premium/Discount to List
-$2,400
-0.34%
Current Estimated Value
$1,723,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,026,355
Avg. Annual Appreciation
7.42%
Original Mortgage
$417,000
Outstanding Balance
$290,290
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$1,433,565

Purchase Details

Closed on
Jun 21, 2012
Sold by
Spivey Ernest
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Feb 15, 2006
Sold by
Spivey Ernest and Spivey Tabitha
Bought by
Spivey Ernest Lee and Spivey Tabitha Kaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 28, 2005
Sold by
Spivey Ernerst
Bought by
Spivey Ernest and Spivey Tabitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2005
Sold by
Spivey Tabitha
Bought by
Spivey Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2005
Sold by
Davis James L and Davis Lisa K
Bought by
Spivey Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2003
Sold by
T W Lewis Co
Bought by
Davis James L and Davis Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,700
Interest Rate
4.37%
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
Zou Bin $697,500 Great American Title Agency
The Bank Of New York Mellon $728,084 Great American Title Agency
Spivey Ernest Lee -- None Available
Spivey Ernest -- Grand Canyon Title Agency In
Spivey Ernest -- Grand Canyon Title Agency In
Spivey Ernest $860,000 Grand Canyon Title Agency In
Davis James L $725,900 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zou Bin $417,000
Previous Owner Spivey Ernest $645,000
Previous Owner Spivey Ernest $645,000
Previous Owner Davis James L $580,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2013 02/09/13 Sold $697,500 -0.3% $133 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
12/26/2012 12/26/12 For Sale $699,900 0.0% $133 / Sq Ft
11/09/2012 11/09/12 Pending -- -- --
10/29/2012 10/29/12 For Sale $699,900 -- $133 / 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 $8,748 $101,592 -- --
2024 $8,568 $96,754 -- --
2023 $8,568 $112,160 $22,430 $89,730
2022 $8,279 $89,700 $17,940 $71,760
2021 $8,526 $83,580 $16,710 $66,870
2020 $8,894 $83,270 $16,650 $66,620
2019 $8,753 $80,970 $16,190 $64,780
2018 $8,583 $77,930 $15,580 $62,350
2017 $8,216 $77,450 $15,490 $61,960
2016 $7,879 $88,770 $17,750 $71,020
2015 $7,565 $82,780 $16,550 $66,230
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rita E McVay

    LRA Real Estate Group, LLC

  • Lin Lin

    Buyer's Agent in 2013

    Lin Lin

    ECLAT Real Estate

    (480) 527-3230

    2 in this area

    25 Total Sales

    Lin Lin
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4841759

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-90-039

Arizona Maricopa County Chandler 85248 Ocotillo

4140 S Ambrosia Dr, Chandler, AZ

This home is located at 4140 S Ambrosia Dr, Chandler, AZ 85248 since 29 October 2012 and is currently estimated at $1,723,855, approximately $328 per square foot. This property was built in 2003. 4140 S Ambrosia Dr is a home located in Maricopa County with nearby schools including Chandler Traditional Academy Independence Campus, Hamilton High School, and Bogle Junior 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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