NOT LISTED FOR SALE

Estimated Value: $937,000 - $1,132,000

6 Beds
3 Baths
3,802 Sq Ft
$275/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $560,000 $147 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,087/month

26 Days on Market

Highlights

  • Private Pool
  • 1 Fireplace
  • Dual Vanity Sinks in Primary Bathroom
  • Chandler Traditional Academy Independence Campus Rated A
  • Eat-In Kitchen
  • Kitchen Island

About This Home

As of July 2017

$40,000 worth of owned solar panels. Extremely cheap electric bill of $181/month year round. This home boasts a gorgeous pool and spa. 2 bedrooms downstairs and 4 bedrooms upstairs allows for flexible living. 6 bedroom, 3 bath home is incredibly airy and spacious. Bathrooms have been remodeled and are gorgeous. Top notch schools and located in walking distance of Village, shops, and restaurants as well as Snedigar Park. Gated community.

Last Agent to Sell the Property

Maureen Landers-Mann

HomeSmart License #SA644012000 Listed on: 05/14/2017

HomeSmart

Last Buyer's Agent

Erika Lucas-Goff

Lucas Real Estate License #BR500765000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,455

Year Built

  • Built in 2002

Lot Details

  • 8,957 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,802 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Laundry in unit

Kitchen

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

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Spa

Schools

  • Chandler Traditional Academy - Independence Elementary School
  • Bogle Junior High School
  • Hamilton High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Ocotillo Community Association, Phone Number (480) 704-2100
  • Balboa Way Assn Association, Phone Number (480) 704-2900
  • Association Phone (480) 704-2900
  • Built by TW Lewis
  • Laguna Cove At Ocotillo Subdivision

Listing and Financial Details

  • Tax Lot 262
  • Assessor Parcel Number 303-90-298

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,455

Year Built

Built in 2002

Lot Details

0

HOA Fees

$89 per month

Parking

3

Listing Details

  • Cross Street: Alma School and Ocotillo
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2 Fee: 89.0
  • HOA #2 Name: Balboa Way Assn
  • HOA #2 Phone Number: 480-704-2900
  • HOA #2 Transfer Fee: 400.0
  • 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: 231.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Spa Private: Yes
  • Tax Year: 2016
  • Directions: 202 South on Alma School past Ocotillo right on Right on W. Balboa Way, left on w. Kaibab Dr. and left on Oleander, property is on left.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.21
  • Subdivision Name: LAGUNA COVE AT OCOTILLO
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 56.0
  • Dining Area:Breakfast Bar: Yes
  • Special Features: None

Interior Features

  • Spa Features: Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 6
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3802.0
  • Stories: 2
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Grass Front, Grass Back, Irrigation Front
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association #2 Fee: 89.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association: Balboa Way Assn
  • Association Name: Ocotillo Community
  • Association Phone #2: 480-704-2900
  • Phone: 480-704-2100
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Ocotillo Community
  • Association Fees:HOA Telephone4: 480-704-2100
  • Association Fees:PAD Fee YN2: Y
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:PAD Fee2: 86.0
  • Association Fees:PAD Paid (Freq)2: Monthly

Schools

  • Elementary School: Chandler Traditional Academy - Independence
  • High School: Hamilton High School
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8957.0
  • Parcel #: 303-90-298
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: TW Lewis

Tax Info

  • Tax Annual Amount: 4454.8
  • Tax Book Number: 303.00
  • Tax Lot: 262
  • Tax Map Number: 90.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2017
Closed on
Jul 25, 2017
Sold by
Schaefer Jennifer G
Bought by
Minhas Biren S and Minhas Ramanpreet K
Seller's Agent
Maureen Landers-Mann
HomeSmart
Buyer's Agent
Erika Lucas-Goff
Lucas Real Estate
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%
Current Estimated Value
$1,044,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,440
Avg. Annual Appreciation
8.22%
Original Mortgage
$424,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2017
Sold by
Schaefer Jennifer G
Bought by
Schaefer Jennifer G and The Jennifer Schaefer Living Trust

Purchase Details

Closed on
Jul 22, 2002
Sold by
T W Lewis Company
Bought by
Schaefer Thomas A and Schaefer Jennifer G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
5.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Minhas Biren S $560,000 Great American Title Agency
Schaefer Jennifer G -- None Available
Schaefer Thomas A $385,203 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minhas Biren S $424,000
Previous Owner Schaefer Thomas A $299,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $560,000 -2.6% $147 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $575,000 -- $151 / 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 $5,517 $66,481 -- --
2024 $5,400 $63,315 -- --
2023 $5,400 $76,030 $15,200 $60,830
2022 $5,210 $57,820 $11,560 $46,260
2021 $5,372 $55,950 $11,190 $44,760
2020 $5,339 $53,520 $10,700 $42,820
2019 $5,131 $49,760 $9,950 $39,810
2018 $4,967 $49,560 $9,910 $39,650
2017 $4,631 $48,960 $9,790 $39,170
2016 $4,452 $52,600 $10,520 $42,080
2015 $4,244 $49,110 $9,820 $39,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5605324

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-90-298