NOT LISTED FOR SALE

Estimated Value: $1,382,348

5 Beds
4.5 Baths
4,323 Sq Ft
$320/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $990,000 $229 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,535/month

5 Days on Market

Highlights

  • Golf Course Community
  • Private Pool
  • Waterfront
  • Chandler Traditional Academy Independence Campus Rated A
  • Gated Community
  • 0.33 Acre Lot

About This Home

As of November 2020

This home is located on the largest waterfront lot in the prestigious gated Watermark community, in Ocotillo. Enjoy the expansive well landscaped yard, back patio has built in BBQ area overlooking the lake and your negative edge pool! Gas fire surround in rear patio, negative edge pool, fire woks overlooking the lake. Decorative gated Porte Cache drive thru with a double and separate single extended garage. Pavers in driveway, courtyard, and rear patios. The first level has 10' ceilings for an expansive feel with double French sliders to the courtyard and oversized windows in the rear to view the lake. Freshly painted and Move-in ready, home with neutral professional designer color schemes throughout. This will be your first and last stop! Won't last long!

Last Listed By

Richard Quinonez

HomeSmart License #SA544299000 Listed on: 09/30/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,417

Year Built

  • Built in 2006

Lot Details

  • 0.33 Acre Lot
  • Waterfront
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $162 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,323 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Fire Pit
  • Gazebo
  • Built-In Barbecue

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 303-48-804

Community Details

Overview

  • Association fees include ground maintenance
  • Premier Management Association, Phone Number (480) 704-2900
  • Built by Camelot
  • Watermark At Ocotillo Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,417

Year Built

Built in 2006

Lot Details

0

HOA Fees

$162 per month

Parking

3

Listing Details

  • Cross Street: W Ocotillo Rd & S Dobson Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 162.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: Head south on S Dobson Rd, Left onto W Prescott Dr, Right onto S Pecan Dr. Property will be on the left.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.33
  • Subdivision Name: WATERMARK AT OCOTILLO
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 162.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Fire Pit, Family Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 4323.0
  • Stories: 2
  • Community Features:Golf Course: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Gazebo/Ramada, Patio, Built-in Barbecue
  • Lot Features: Waterfront Lot, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • 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:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Lake Subdivision, Golf, Tennis Court(s), Biking/Walking Path
  • Amenities: Management
  • Association Fee: 162.0
  • Association Fee Frequency: Monthly
  • Association Name: Premier Management
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Premier Management
  • 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

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14426.0
  • Parcel #: 303-48-804
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: Camelot

Tax Info

  • Tax Annual Amount: 7417.0
  • Tax Book Number: 303.00
  • Tax Lot: 46
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Nov 18, 2020
Sold by
Hughes Charlotte and Hughes Dennis
Bought by
Hughes Dennis V and Hughes Charlotte D
Seller's Agent
Richard Quinonez
HomeSmart
Buyer's Agent
Mary Montague
Revinre
List Price
$989,900
Sold Price
$990,000
Premium/Discount to List
$100
0.01%
Total Days on Market
5
Current Estimated Value
$1,382,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,348
Avg. Annual Appreciation
7.65%
Original Mortgage
$320,000
Outstanding Balance
$287,984
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,094,364

Purchase Details

Listed on
Sep 30, 2020
Closed on
Nov 13, 2020
Sold by
Lanzone Robert and Chen Yin
Bought by
Hughes Charlotte and Hughes Dennis
Seller's Agent
Richard Quinonez
HomeSmart
Buyer's Agent
Mary Montague
Revinre
List Price
$989,900
Sold Price
$990,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$287,984
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,094,364

Purchase Details

Closed on
May 1, 2019
Sold by
Lanzone Robert and Chen Yin
Bought by
The Lanzone Chen Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 14, 2011
Closed on
Jan 19, 2012
Sold by
Lanzone Robert
Bought by
Lanzone Robert and Chen Yin
Seller's Agent
Jody Poling
AZ Seville Realty, LLC
Buyer's Agent
Richard Quinonez
West USA Realty
List Price
$659,000
Sold Price
$628,000
Premium/Discount to List
-$31,000
-4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$417,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2011
Closed on
Dec 27, 2011
Sold by
Chen Yi
Bought by
Lanzone Robert
Seller's Agent
Jody Poling
AZ Seville Realty, LLC
Buyer's Agent
Richard Quinonez
West USA Realty
List Price
$659,000
Sold Price
$628,000
Premium/Discount to List
-$31,000
-4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Michel William L and Michel Gerry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 15, 2008
Sold by
Chantanarungphak Yut and Quigley Tammi
Bought by
Hsbc Bank Usa Na and Deutsche Alt A Securities Mortgage Loan

Purchase Details

Closed on
Sep 27, 2007
Sold by
Chantanarungphak Yut and Quigley Tammi
Bought by
Black Hawk Holding Co and Golden Eagle Asset Protection

Purchase Details

Closed on
Sep 27, 2006
Sold by
Chantanarungphak Yut
Bought by
Chantanarungphak Yut and Quigley Tammi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving

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
Hughes Dennis V -- Accommodation
Hughes Charlotte $990,000 Network Title Agency
The Lanzone Chen Family Trust -- None Available
Lanzone Robert -- Accommodation
Lanzone Robert -- American Title Service Agenc
Lanzone Robert $623,000 American Title Service Agenc
Michel William L $685,000 First American Title Ins Co
Hsbc Bank Usa Na $713,731 First American Title
Black Hawk Holding Co -- None Available
Chantanarungphak Yut -- Lawyers Title Insurance Corp
Chantanarungphak Yut $880,000 Lawyers Title Insurance Corp
Camelot Homes Inc -- Lawyers Title Insurance Corp
Mark Hancock Development Corp -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Charlotte $320,000
Previous Owner The Lanzone Chen Family Trust $700,000
Previous Owner Lanzone Robert $411,000
Previous Owner Lanzone Robert $417,000
Previous Owner Michel William L $373,230
Previous Owner Michel William L $131,000
Previous Owner Michel William L $417,000
Previous Owner Mark Hancock Development Corp $176,000
Previous Owner Chantanarungphak Yut $660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $990,000 0.0% $229 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $989,900 +57.6% $229 / Sq Ft
01/12/2012 01/12/12 Sold $628,000 -4.7% $145 / Sq Ft
11/21/2011 11/21/11 Pending -- -- --
11/14/2011 11/14/11 For Sale $659,000 -- $152 / 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 $7,623 $89,369 -- --
2024 $7,465 $85,113 -- --
2023 $7,465 $106,080 $21,210 $84,870
2022 $7,211 $77,200 $15,440 $61,760
2021 $7,462 $77,020 $15,400 $61,620
2020 $7,417 $71,450 $14,290 $57,160
2019 $7,136 $69,470 $13,890 $55,580
2018 $6,915 $69,420 $13,880 $55,540
2017 $6,461 $68,200 $13,640 $54,560
2016 $6,220 $71,720 $14,340 $57,380
2015 $5,939 $65,500 $13,100 $52,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6139331

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-804