NOT LISTED FOR SALE

Estimated Value: $662,000 - $744,000

3 Beds
2.5 Baths
2,165 Sq Ft
$319/Sq Ft Est. Value

Last Sold January 12, 2015

Last sale price $306,277 $141 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,951/month

Highlights

  • Golf Course Community
  • Waterfront
  • Community Lake
  • Chandler Traditional Academy Independence Campus Rated A
  • Two Primary Bathrooms
  • Vaulted Ceiling

About This Home

As of March 2015

Better than new, lakeside living with expansive lake views and incredible sunsets. Fully renovated home with all new kitchen appliances, granite, fixtures and hardware, paint, and carpeting. Be the first to enjoy this newly updated home located in a desirable neighborhood, located blocks away from Intel's Ocotillo campus and just steps from local CTA Independence grade school.

No washer and dryer on premises but will be provided if needed. Lawn cut back during renovation and will return to lush green state as weather warms.

Rent includes all HOA fees, annual winter overseeding and landscaping maintenance, along with monthly pest control but is not inclusive of 1.5% city of Chandler use tax.

Owner is a licensed real estate agent in state of AZ.

Last Agent to Rent the Property

Karen Farmer

HomeSmart License #SA568003000 Listed on: 02/04/2015

HomeSmart

Last Renter's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,439

Year Built

  • Built in 1999

Lot Details

  • 7,057 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Open Parking Spaces
  • 2.5 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,165 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Solar Screens

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Two Primary Bathrooms
  • 2.5 Bathrooms
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 2/4/15
  • Rent includes pest control svc, gardening service
  • 12-Month Minimum Lease Term
  • Tax Lot 7
  • Assessor Parcel Number 303-48-053

Community Details

Overview

  • Property has a Home Owners Association
  • Ocotillo Association, Phone Number (480) 704-2900
  • Built by Pulte
  • Ocotillo Lakes Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,439

Year Built

Built in 1999

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Other, Pest Control Svc, Gardening Service
  • Available Date: 2015-02-04

Listing Details

  • Cross Street: Alma School x Ocotillo
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.5
  • Separate Den Office Sep Den Office: N
  • Year Built: 1999
  • Rental Info H O A Name: Ocotillo
  • Non Assistive Animals: No
  • Rental Info Rental Tax Percent: 1.5
  • Lease Term Minimum Lease Term Months: 12
  • Directions: South on Alma School to Lake, right on Lake. Left on Wildflower, located on right across the street from CTA.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Ocotillo Lakes
  • Architectural Style: Other
  • Property Attached Yn: No
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Granite Counters, Upstairs, Vaulted Ceiling(s), Kitchen Island, 2 Master Baths, Separate Shwr & Tub
  • Living Area: 2165.0
  • Stories: 2
  • Window Features: Solar Screens
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.5
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: See Remarks, Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Golf, Lake, Tennis Court(s)
  • Association Name: Ocotillo
  • Phone: 480-704-2900
  • Association: Yes
  • Pets Allowed: No

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

  • Lot Size Sq Ft: 7057.0
  • Parcel #: 303-48-053

Building Info

  • Builder Name: Pulte

Tax Info

  • Tax Book Number: 303.00
  • Tax Lot: 7
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2014
Closed on
Jan 7, 2015
Sold by
Kodiak Real Estate Investment Llc
Bought by
Farmer Karen M and Farmer Thomas J
Seller's Agent
Stephany Bullington
My Home Group Real Estate
Buyer's Agent
Karen Farmer
HomeSmart
List Price
$335,000
Sold Price
$306,277
Premium/Discount to List
-$28,723
-8.57%
Current Estimated Value
$691,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,819
Avg. Annual Appreciation
7.93%
Original Mortgage
$229,700
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2013
Closed on
Feb 21, 2014
Sold by
Jones Kevin M
Bought by
Kodiak Real Estate Investment Llc
Seller's Agent
Oggie Penev
eXp Realty
Buyer's Agent
Brett Miles
Brett P Miles
List Price
$356,000
Sold Price
$295,500
Premium/Discount to List
-$60,500
-16.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$247,000
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2007
Sold by
Jones Dawn L
Bought by
Jones Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,200
Interest Rate
10.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2006
Sold by
Jones Dawn L
Bought by
Jones Kevin M

Purchase Details

Closed on
Mar 8, 2005
Sold by
Hayes Ronald S and Hayes Amy Lee
Bought by
Lackey Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2003
Sold by
Hayes Ronald and Hayes Amy
Bought by
Hayes Ronald S and Hayes Amy Lee

Purchase Details

Closed on
Jul 30, 2003
Sold by
Baggs Shawn P and Baggs Shawn P
Bought by
Hayes Ronald and Hayes Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
5.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2002
Sold by
Barrett Catherine A and Baggs Catherine A
Bought by
Baggs Shawn P

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
6.71%

Purchase Details

Closed on
Jan 14, 1999
Sold by
Pulte Home Corp
Bought by
Baggs Shawn P and Baggs Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,172
Interest Rate
6.63%
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
Farmer Karen M $306,277 First American Title Company
Kodiak Real Estate Investment Llc $295,500 Fidelity National Title Agen
Jones Kevin M -- Stewart Title & Trust Of Pho
Jones Kevin M -- Stewart Title & Trust Of Pho
Jones Kevin M -- None Available
Lackey Michelle -- None Available
Lackey Michelle $235,000 Security Title Agency Inc
Hayes Ronald S -- First American Title
Hayes Ronald $213,000 First American Title Ins Co
Baggs Shawn P -- Fidelity National Title
Baggs Shawn P $178,965 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmer Karen M $229,700
Previous Owner Kodiak Real Estate Investment Llc $247,000
Previous Owner Jones Kevin M $333,200
Previous Owner Lackey Michelle $188,000
Previous Owner Hayes Ronald $170,400
Previous Owner Baggs Shawn P $176,000
Previous Owner Baggs Shawn P $143,172
Closed Hayes Ronald $31,900
Closed Lackey Michelle $35,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2015 03/16/15 Rented $2,000 0.0% --
03/07/2015 03/07/15 Under Contract -- -- --
02/04/2015 02/04/15 For Rent $2,000 0.0% --
01/12/2015 01/12/15 Sold $306,277 -3.0% $141 / Sq Ft
10/20/2014 10/20/14 Price Changed $315,750 -5.7% $146 / Sq Ft
09/22/2014 09/22/14 For Sale $335,000 +13.4% $155 / Sq Ft
02/28/2014 02/28/14 Sold $295,500 +3.7% $136 / Sq Ft
12/09/2013 12/09/13 Price Changed $285,000 -1.4% $132 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
11/27/2013 11/27/13 Price Changed $289,000 -0.3% $133 / Sq Ft
11/14/2013 11/14/13 Price Changed $290,000 -3.2% $134 / Sq Ft
10/25/2013 10/25/13 Price Changed $299,500 -0.2% $138 / Sq Ft
10/17/2013 10/17/13 Price Changed $300,000 -10.4% $139 / Sq Ft
10/03/2013 10/03/13 Price Changed $335,000 -4.0% $155 / Sq Ft
08/26/2013 08/26/13 Price Changed $349,000 -2.0% $161 / Sq Ft
08/22/2013 08/22/13 For Sale $356,000 0.0% $164 / Sq Ft
08/22/2013 08/22/13 Price Changed $356,000 +29.5% $164 / Sq Ft
06/09/2013 06/09/13 Pending -- -- --
06/01/2013 06/01/13 For Sale $275,000 -- $127 / 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 $3,439 $37,371 -- --
2024 $3,373 $35,591 -- --
2023 $3,373 $51,150 $10,230 $40,920
2022 $3,266 $38,330 $7,660 $30,670
2021 $3,357 $36,720 $7,340 $29,380
2020 $3,338 $33,510 $6,700 $26,810
2019 $3,221 $31,520 $6,300 $25,220
2018 $3,130 $30,010 $6,000 $24,010
2017 $2,940 $28,410 $5,680 $22,730
2016 $2,840 $30,710 $6,140 $24,570
2015 $2,723 $28,730 $5,740 $22,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5231979

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-053