NOT LISTED FOR SALE

478 E Mead Place Chandler, AZ 85249

Ocotillo Neighborhood

Estimated Value: $1,253,814 - $1,358,000

5 Beds
4.5 Baths
4,308 Sq Ft
$301/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $760,000 $176 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,458/month

211 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • 0.51 Acre Lot
  • Fulton Elementary School Rated A
  • Waterfront
  • 5-minute walk to Pinelake Park

About This Home

As of February 2018

THE BEST WATERFRONT Property in PINELAKE ESTATES! EXQUISITE 180 Degree LAKE VIEWS & BOAT DOCKING. HALF ACRE Dream Lot with ENDLESS VIEWS located at the end of a Cul-de-Sac! 5 Bed/4.5 Baths, Plus Den/Office. Ensuite Guest Bed downstairs. Ensuite Guest Bed upstairs. Huge Master Suite with separate Seating Area, Large Master Bath and Walk-In Closet. Great Room upstairs. Soaring ceilings in Living Room with wrought iron & wood banister staircase. Formal Dining Room. Gourmet Kitchen w/ center island, granite counters w/ glass tile backsplah, upgraded cabinetry throughout the house and crown molding in the kitchen cabinets. Large breakfast bar and separate breakfast room w/ sliding glass door to Patio. Large Pantry and Large Laundry Room. Large Family Room with door to Patio

Last Agent to Sell the Property

Hsiao Tsen

HomeSmart License #SA568651000 Listed on: 06/28/2017

HomeSmart

Last Buyer's Agent

Dave Messner

Realty ONE Group License #BR025968000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,829

Year Built

  • Built in 2003

Lot Details

  • 0.51 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,308 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • 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
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Intercom

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Ira A. Fulton Elementary School
  • Santan Junior High School
  • Hamilton High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 189 / 1024
  • Assessor Parcel Number 303-46-301

Community Details

Overview

  • Association fees include ground maintenance
  • Aam Association, Phone Number (602) 957-9191
  • Built by Shea Homes
  • Pinelake Estates Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,829

Year Built

Built in 2003

Lot Details

0

HOA Fees

$115 per month

Parking

3

Listing Details

  • Cross Street: Chandler Heights and Arizona Ave
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 114.67
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.51
  • Subdivision Name: PINELAKE ESTATES
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 176.41
  • Association Fees:HOA Fee2: 344.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Intercom, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 4308.0
  • Stories: 2
  • Window Features: Sunscreen(s), Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard, Built-in Barbecue
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Stone, 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:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 344.0
  • Association Fee Frequency: Quarterly
  • Association Name: Pinelake Estates
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Pinelake Estates
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Ira A. Fulton Elementary
  • High School: Hamilton High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Santan Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22131.0
  • Parcel #: 303-46-301
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Annual Amount: 4829.0
  • Tax Block: 1024
  • Tax Book Number: 303.00
  • Tax Lot: 189
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2019
Sold by
Cheng Kon Yuan
Bought by
Everirich Llc
Current Estimated Value
$1,298,454

Purchase Details

Listed on
Jun 28, 2017
Closed on
Feb 14, 2018
Sold by
Cheng Kon Yuan and Tsen Pao Chuan Yang
Bought by
Ravi Prasad Sowbhagya and Prasad Deepa
Seller's Agent
Hsiao Tsen
HomeSmart
Buyer's Agent
Dave Messner
Realty ONE Group
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$608,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2010
Sold by
Tsen Hsiao Lan Magrith and Cheng Kon Yuan
Bought by
Cheng Kon Yuan and Tsen Pao Chuan Yang

Purchase Details

Closed on
Feb 6, 2004
Sold by
Tsen Hsao Lan Magrith
Bought by
Tsen Hsao Lan Magrith and Cheng Kon Yuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2004
Sold by
Shea Homes Arizona Lp
Bought by
Tsen Hsiao Lan Magrith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2003
Sold by
Shea Homes Lp
Bought by
Shea Homes Arizona Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Everirich Llc -- None Available
Ravi Prasad Sowbhagya $760,000 Security Title Agency
Cheng Kon Yuan -- None Available
Tsen Hsao Lan Magrith -- First American Title
Tsen Hsiao Lan Magrith $461,408 First American Title Ins Co
Shea Homes Arizona Lp -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ravi Prasad Sowbhagya $608,000
Previous Owner Tsen Hsiao Lan Magrith $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $760,000 -4.9% $176 / Sq Ft
12/29/2017 12/29/17 For Sale $799,000 +5.1% $185 / Sq Ft
12/29/2017 12/29/17 Off Market $760,000 -- --
10/05/2017 10/05/17 Price Changed $799,000 -2.6% $185 / Sq Ft
08/24/2017 08/24/17 Price Changed $820,000 -3.5% $190 / Sq Ft
06/28/2017 06/28/17 For Sale $850,000 -- $197 / 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 $6,079 $71,436 -- --
2024 $5,847 $68,034 -- --
2023 $5,847 $88,670 $17,730 $70,940
2022 $5,643 $71,880 $14,370 $57,510
2021 $5,817 $68,200 $13,640 $54,560
2020 $5,781 $65,110 $13,020 $52,090
2019 $5,558 $59,920 $11,980 $47,940
2018 $5,382 $57,950 $11,590 $46,360
2017 $5,020 $55,420 $11,080 $44,340
2016 $4,829 $54,330 $10,860 $43,470
2015 $4,605 $52,920 $10,580 $42,340
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Hsiao Tsen

    HomeSmart

    (602) 750-5790

    Hsiao Tsen
    Section Image
  • Dave Messner

    Buyer's Agent in 2018

    Dave Messner

    Realty One Group

    (602) 526-5200

    1 in this area

    115 Total Sales

    Dave Messner
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5626517

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-46-301

Arizona Maricopa County Chandler 85249 Ocotillo

478 E Mead Place, Chandler, AZ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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