NOT LISTED FOR SALE

Estimated Value: $1,242,074 - $1,496,000

4 Beds
3 Baths
3,037 Sq Ft
$445/Sq Ft Est. Value

Last Sold August 17, 2012

Last sale price $535,000 $176 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $7,996/month

4 Days on Market

Highlights

  • Golf Course Community
  • Heated Spa
  • Reverse Osmosis System
  • Chandler Traditional Academy Independence Campus Rated A
  • Gated Community
  • Waterfront

About This Home

As of August 2012

*Watermark at Ocotillo*Gorgeous, highly upgraded Camelot home on an oversized waterfront lot*Features include slate & travertine tile flooring throughout, gourmet kitchen with high quality built-in stainless steel appliances & slab granite countertops, tile countertops in the bathrooms, jetted tub in the master, wood shutters & blinds, side entry stacked stone courtyard, interior atrium with fireplace & tandem 3 car garage with paver driveway*The backyard is stunning, resort-style w/negative edge pebble tec pool/spa, flagstone decking, built-in barbecue and gas firepit*Gated lakeside community in Ocotillo*Minutes to shopping, restaurants and area freeways*Don't miss this beautiful home, it won't last!

Last Listed By

Laurie Beischel

Locality Real Estate License #BR559653000 Listed on: 05/02/2012

Locality Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,141

Year Built

  • Built in 2006

Lot Details

  • Waterfront
  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Private Yard

Home Design

  • Contemporary Architecture
  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 3,037 Sq Ft Home
  • Wired For Sound
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Solar Screens
  • Great Room
  • Living Room with Fireplace
  • Open Floorplan
  • Breakfast Room
  • Formal Dining Room
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Separate Bedroom Exit
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 3 Car Garage
  • Tandem Garage
  • Garage Door Opener

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Fire Pit
  • Built-In Barbecue

Schools

  • Hamilton High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • High Speed Internet
  • Internet Available
  • Multiple Phone Lines
  • Cable TV Available

Community Details

Overview

  • $3,780 per year Dock Fee
  • Association fees include common area maintenance, street maintenance
  • Ocotillo Association
  • Watermark Ocotillo HOA, Phone Number (480) 704-2900
  • Located in the Watermark at Ocotillo master-planned community
  • Built by Camelot Homes
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Children's Pool

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,141

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Tax Municipality: Chandler
  • Cross Street: DOBSON & OCOTILLO
  • Legal Info Lot Number: 47
  • Property Type: A
  • Technology: 3+ Exist Tele Lines, Cable TV Avail, High Speed Internet Available, Ntwrk Wrng Multi Rms, Pre-Wire Srnd Snd, Security Sys Owned
  • Assessor Parcel Number: 805.00
  • Hndrd Blk Directionl: W
  • Hundred Block: 1900
  • Marketing Name: Watermark at Ocotillo
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst, Othr Bdr Walkin Clst, Separate Bdrm Exit
  • Architecture: Contemporary, Santa Barbara/Tuscan
  • Assessor Parcel Number: 303-48-805
  • Capital Improvement Impact Fee: 630
  • HOA #2 Fee: 56.50
  • HOA #2 Name: Ocotillo
  • HOA #2 Paid Frequency: Monthly
  • HOA #2 Property Management Company Name: Premiere
  • HOA #2 Phone Number: 480-704-2900
  • HOA #2 Transfer Fee: 150.00
  • HOA #2: Y
  • HOA Association Fee: 105.00
  • HOA Name: Watermark Ocotillo
  • HOA Paid Frequency: Monthly
  • HOA Property Manager Company Name: Premiere
  • HOA Telephone: 480-704-2900
  • HOA Transfer Fee: 150.00
  • HOA Fees: Y
  • Total Monthly Fee Equivalent: 161.50
  • Association Rules: NoVsble TrkTrlrRvBt, Pets OK (See Rmrks), Prof Managed, Rental OK (See Rmks)
  • Construction Finish: Painted, Stone, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 43FRDXPSO3G
  • Energy Green Features: Multi-Zones
  • Updated Pool: Full
  • Map Code Grid: V38
  • Primary Bathroom Type: Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 3.00
  • Parking Spaces Total Covered Spaces: 3.00
  • Planned Comm Name: Watermark at Ocotillo
  • Price per Sq Ft: 176.16
  • Property Group Id: 19990816212109142258000000
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Tax Year: 2011
  • Directions: South on Dobson, left on Prescott Drive, right on Pecan drive, home on the left side.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: 9+ Flat Ceilings, Drink Wtr Filter Sys, No Interior Steps, Soft Water Loop
  • Bedrooms: 4
  • Bedrooms Plus: 5.00
  • Other Rooms: Family Room, Great Room
  • Bathrooms: 3.00
  • Laundry: Inside, Wshr/Dry HookUp Only
  • Flooring: Carpet, Stone, Tile
  • Fireplace: 1 Fireplace, 2 Fireplace, 3+ Fireplace, Exterior Fireplace, Firepit, Fireplace Living Rm, Gas Fireplace
  • Master Bedroom Type: Downstairs, Split
  • Dining Area: Breakfast Bar, Breakfast Room, Dining in FR, Dining in LR/GR, Eat-in Kitchen, Formal
  • Estimated Lot Sq Ft: 15123.00
  • Estimated Sq Ft: 3037.00
  • Kitchen Features: Built-in Microwave, Cook Top Gas, Dishwasher, Disposal, Granite Countertops, Kitchen Island, Pantry, Reverse Osmosis, Walk-in Pantry, Wall Oven(s)
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Pool: Private Only
  • Spa: Heated, Private
  • Landscaping: Auto Timer H2O Back, Auto Timer H2O Front, Grass Back, Grass Front, Yrd Wtring Sys Back, Yrd Wtring Sys Front
  • Roofing: Tile
  • Fencing: Block
  • Construction: Frame - Wood
  • Windows: Sunscreen(s)
  • Exterior Features: Built-in BBQ, Covered Patio(s), Patio, Private Street(s), Pvt Yrd(s)/Crtyrd(s)
  • Pool Private: Heated, Play Pool, Private

Garage/Parking

  • Parking Features: Electric Door Opener, Tandem Garage

Utilities

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

Condo/Co-op/Association

  • Services: City Services
  • Community Features: Comm Tennis Court(s), Gated Community, Golf Course, Lake Subdivision
  • Fee Include: Common Area Maint, Street Maint

Schools

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

Lot Info

  • Property Description: Borders Common Area, Cul-De-Sac Lot, Mountain View(s), Waterfront Lot

Building Info

  • Builder Name: Camelot Homes

Tax Info

  • Taxes: 3780.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2013
Sold by
Lipsey David
Bought by
Lipsey David Benjamin and David Benjamin Lipsey Living T
Total Days on Market
4
Current Estimated Value
$1,352,019

Purchase Details

Listed on
May 2, 2012
Closed on
Aug 6, 2012
Sold by
Hill Deborah S
Bought by
Lipsey David
Seller's Agent
Laurie Beischel
Locality Real Estate
Buyer's Agent
Dean Carver
Good Oak Real Estate
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$417,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2012
Sold by
Hill Deborah S
Bought by
Hill Deborah S

Purchase Details

Closed on
Apr 29, 2010
Sold by
Hill Deborah S
Bought by
Hill Deborah S and Deborah S Hill Trust

Purchase Details

Closed on
Dec 31, 2007
Sold by
Steensland Melanie and Woods Janet
Bought by
Hill Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2006
Sold by
Camelot Homes Inc
Bought by
Steensland Melanie and Woods Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,452
Interest Rate
6.5%
Mortgage Type
New Conventional

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
Lipsey David Benjamin -- None Available
Lipsey David $535,000 American Title Service Agenc
Hill Deborah S -- Accommodation
Hill Deborah S -- None Available
Hill Deborah S $1,200,000 Equity Title Agency Inc
Steensland Melanie $962,452 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 Lipsey David Benjamin $346,000
Closed Lipsey David $417,000
Previous Owner Hill Deborah S $840,000
Previous Owner Steensland Melanie $962,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2012 08/17/12 Sold $535,000 +1.9% $176 / Sq Ft
07/04/2012 07/04/12 For Sale $525,000 0.0% $173 / Sq Ft
05/11/2012 05/11/12 Pending -- -- --
05/09/2012 05/09/12 Price Changed $525,000 -8.7% $173 / Sq Ft
05/08/2012 05/08/12 Price Changed $575,000 -4.0% $189 / Sq Ft
05/07/2012 05/07/12 For Sale $599,000 +12.0% $197 / Sq Ft
05/02/2012 05/02/12 Off Market $535,000 -- --
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 $5,141 $71,549 -- --
2024 $5,857 $68,141 -- --
2023 $5,857 $92,330 $18,460 $73,870
2022 $5,653 $67,620 $13,520 $54,100
2021 $5,827 $66,770 $13,350 $53,420
2020 $6,392 $61,050 $12,210 $48,840
2019 $6,167 $58,170 $11,630 $46,540
2018 $5,992 $57,430 $11,480 $45,950
2017 $5,629 $55,570 $11,110 $44,460
2016 $5,437 $57,530 $11,500 $46,030
2015 $5,214 $51,810 $10,360 $41,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4753041

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-805