NOT LISTED FOR SALE

Estimated Value: $672,073 - $809,000

3 Beds
2 Baths
1,803 Sq Ft
$394/Sq Ft Est. Value

Last Sold February 07, 2014

Last sale price $318,000 $176 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,297/month

113 Days on Market

Highlights

  • Private Pool
  • Waterfront
  • Granite Countertops
  • Chandler Traditional Academy Independence Campus Rated A
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of February 2014

ON THE WATER AND JUST 2 BLOCKS FROM MAJOR PARK/RECREATIONAL FACILITY! INCREDIBLE SETTING WITH LOTS OF DIFFERENT WATER VIEWS. NEGATIVE EDGE POOL BLENDS INTO THE LAKE. BEAUTIFUL TILE AND BRAZILIAN CHERRYWOOD HARD FLOORS. ALSO HAS AN OFFICE/DEN WITH DOUBLE DOORS AND CLOSET SO CAN ALSO BE USED AS A 4TH BEDROOM IF NEEDED. QUALITY HOME THROUGHOUT. FABULOUS NEIGHBORHOOD NEAR GREAT SHOPPING, RESTAURANTS AND SCHOOLS.

Last Listed By

Dennis Kolodin

Metro Realty License #BR535429000 Listed on: 09/20/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,915

Year Built

  • Built in 1998

Lot Details

  • 7,057 Sq Ft Lot
  • Waterfront
  • Desert faces the back of the property
  • Grass Covered Lot

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,803 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Private Pool

Schools

  • Basha Elementary School
  • Bogle Junior High School
  • Hamilton High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Ocotillo Community Association, Phone Number (480) 704-2900
  • Ocotillo Lakes Association, Phone Number (480) 829-7400
  • Association Phone (480) 829-7400
  • Built by Pulte Homes
  • Ocotillo Lakes Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 303-48-056

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,915

Year Built

Built in 1998

Lot Details

0

HOA Fees

$44 per month

Parking

2

Listing Details

  • Cross Street: Ocotillo & Alma School
  • Property Type: Residential
  • HOA #2 Fee: 44.0
  • HOA #2 Name: Ocotillo Lakes
  • HOA #2 Phone Number: 480-829-7400
  • HOA #2 Transfer Fee: 250.0
  • 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: 100.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2009
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2009
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2009
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Tax Year: 2012
  • Directions: South on Alma School; West on Lake Drive; South on Wildflower Drive.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.16
  • Subdivision Name: Ocotillo Lakes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 56.0
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Tile, Wood
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 1803.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Other, See Remarks
  • Lot Features: Desert Back, Grass Front
  • Pool Features: Private
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association #2 Fee: 44.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association: Ocotillo Lakes
  • Association Name: Ocotillo Community
  • Association Phone #2: 480-829-7400
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Ocotillo Community
  • 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
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Basha Elementary
  • High School: Hamilton High School
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7057.0
  • Parcel #: 303-48-056
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Pulte Homes

Tax Info

  • Tax Annual Amount: 1915.0
  • Tax Book Number: 303.00
  • Tax Lot: 10
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2013
Closed on
Jan 16, 2014
Sold by
Gullatte Teresa and Gullatte Teresa
Bought by
Bennett Robert J and Bennett Beverly A
Seller's Agent
Dennis Kolodin
Metro Realty
Buyer's Agent
Frank Bennett Jr
Frank Bennett Realty
List Price
$349,900
Sold Price
$318,000
Premium/Discount to List
-$31,900
-9.12%
Total Days on Market
113
Current Estimated Value
$711,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,268
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Nov 16, 2009
Sold by
Gullatte Sammy
Bought by
Gullatte Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2009
Sold by
Fannie Mae
Bought by
Gullatte Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2009
Sold by
Onewest Bank Fsb
Bought by
Fannie Mae and Federal National Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2009
Sold by
Onewest Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 12, 2009
Sold by
Donlin Tom
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Oct 4, 2007
Sold by
Shumate Joann Y
Bought by
Donlin Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2001
Sold by
Kuepper Landreman Kristin and Kuepper Thomas J
Bought by
Shumate Joann Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 1998
Sold by
Pulte Home Corp
Bought by
Kuepper Kristin and Kuepper Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.82%
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
Bennett Robert J $318,000 Lawyers Title Of Arizona Inc
Gullatte Teresa -- Lawyers Title Of Arizona Inc
Gullatte Teresa $255,000 Lawyers Title Of Arizona Inc
Fannie Mae -- Lawyers Title Of Arizona Inc
Federal National Mortgage Association -- Lsi Title Company
Onewest Bank Fsb $276,950 None Available
Donlin Tom $370,000 Land Title Agency Of Az Inc
Shumate Joann Y $222,500 First American Title
Kuepper Kristin $164,030 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Robert J $129,000
Previous Owner Gullatte Teresa $191,250
Previous Owner Donlin Tom $333,000
Previous Owner Shumate Joann Y $278,000
Previous Owner Shumate Joann Y $181,500
Previous Owner Shumate Joann Y $178,000
Previous Owner Kuepper Kristin $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2014 02/07/14 Sold $318,000 0.0% $176 / Sq Ft
01/11/2014 01/11/14 Pending -- -- --
01/09/2014 01/09/14 Off Market $318,000 -- --
12/18/2013 12/18/13 Price Changed $334,900 -1.5% $186 / Sq Ft
10/31/2013 10/31/13 Price Changed $339,900 -2.9% $189 / Sq Ft
09/20/2013 09/20/13 For Sale $349,900 0.0% $194 / Sq Ft
08/31/2012 08/31/12 Rented $2,000 +2.6% --
08/29/2012 08/29/12 Under Contract -- -- --
06/13/2012 06/13/12 For Rent $1,950 -- --
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 $3,258 $35,404 -- --
2024 $3,195 $33,718 -- --
2023 $3,195 $50,180 $10,030 $40,150
2022 $3,094 $37,760 $7,550 $30,210
2021 $3,180 $35,780 $7,150 $28,630
2020 $3,163 $32,450 $6,490 $25,960
2019 $3,052 $30,320 $6,060 $24,260
2018 $2,965 $28,730 $5,740 $22,990
2017 $2,785 $27,120 $5,420 $21,700
2016 $2,679 $29,200 $5,840 $23,360
2015 $2,580 $27,230 $5,440 $21,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5002292

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-056