NOT LISTED FOR SALE

Estimated Value: $1,150,383

4 Beds
2.5 Baths
2,952 Sq Ft
$390/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $685,000 $232 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,873/month

7 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • 0.28 Acre Lot
  • Chandler Traditional Academy Independence Campus Rated A
  • Waterfront
  • Community Lake

About This Home

As of August 2018

AMAZING WATER FRONT PROPERTY IN A GATED ENCLAVE IN OCOTILLO LAKES! THIS HOME SHOWS PRIDE OF OWNERSHIP FROM FRONT TO BACK. THIS POPULAR FLOORPLAN OFFERS 4 BEDROOMS PLUS AN OFFICE. THE BEAUTIFUL EXTENSIVE TILE FLOORING & OPEN SPLIT FLOORPLAN WELCOME YOU. LARGE KITCHEN WITH ISLAND, UPGRADED CABS, BACKSPLASH, STAINLESS APPLIANCES & BUILT IN OVEN. GREAT ROOM WITH FIREPLACE & SURROUND SOUND ALL OVER LOOKING A BEAUTIFUL LAKE! NICE SIZE MASTER BEDROOM WITH WALK OUT TO PRIVATE PATIO. LARGE MASTER BATH WITH 2 WALK-IN CLOSETS. BIG LAUNDRY ROOM WITH UPGRADED SINK & CABS. STEP OUT BACK TO ENTERTAINERS DREAM BY WAY OF 3 SEPARATE PATIOS & ENJOY YOUR POOL, SPA & PRIVATE DOCK. 3 CAR GARAGE WITH BUILT IN CABS. TOO MANY UPGRADES TO LIST.

Last Listed By

John Barile

HomeSmart License #BR505738000 Listed on: 07/10/2018

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,400

Year Built

  • Built in 1999

Lot Details

  • 0.28 Acre Lot
  • Waterfront
  • Partially Fenced Property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,952 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Security System Owned

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Private Pool

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 303-48-444

Community Details

Overview

  • Association fees include ground maintenance
  • Premier Association, Phone Number (480) 829-7400
  • Ocotillo Lakes HOA, Phone Number (480) 829-7400
  • Secondary HOA Phone (480) 704-2900
  • Association Phone (480) 829-7400
  • Built by EDMUNDS TOLL
  • Ocotillo Lakes Parcel I Subdivision
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,400

Year Built

Built in 1999

Lot Details

0

HOA Fees

$62 per month

Parking

3

Listing Details

  • Cross Street: ALMA SCHOOL RD. / OCOTILLO RD.
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: OCOTILLO LAKES HOA
  • HOA #2 Phone Number: 480-829-7400
  • HOA #2: Y
  • HOA #3 Fee: 56.5
  • HOA #3 Name: PREMIER
  • HOA #3 Telephone: 480-704-2900
  • HOA #3 Transfer Fee: 185.0
  • HOA #3 Fee: Y
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 118.5
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1999
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: SOUTH ON ALMA SCHOOL TO LAKE DR. TURN RIGHT (W) TO CHAPARRAL WY. TURN LEFT (S) TO BLUE RIDGE WY.(GATED) TURN LEFT (S) THROUGH GATE. ROAD WILL CURVE. STAY WEST TO JOJOBA. TURN LEFT(S) TO HOME ON RIGHT.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.28
  • Subdivision Name: OCOTILLO LAKES PARCEL I
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 50.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Soft Water Loop, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2952.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block, Partial
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, 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
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Lake Subdivision
  • Amenities: Management
  • Association #2 Fee: 12.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 50.0
  • Association Fee Frequency: Monthly
  • Association: OCOTILLO LAKES HOA
  • Association Name: OCOTILLO LAKES HOA
  • Association Phone #2: 480-829-7400
  • Phone: 480-829-7400
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 160.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: OCOTILLO LAKES HOA
  • Association Fees:HOA Telephone4: 480-829-7400
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: PMG
  • Association Fees:HOA Management Phone: 480-829-7400
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:HOA Management Company 2: PMG
  • Association Fees:HOA Management Phone 2: 480-829-7400
  • Association Fees:HOA Paid Frequency 3: Monthly
  • Association Fees:HOA Management Company 3: PREMIER
  • Association Fees:HOA Management Phone 3: 480-704-2900

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: 12023.0
  • Parcel #: 303-48-444
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: EDMUNDS TOLL

Tax Info

  • Tax Annual Amount: 5400.0
  • Tax Book Number: 303.00
  • Tax Lot: 18
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 9, 2018
Sold by
Peterson Denis J and Peterson Faye Peterson
Bought by
Cleaver Jason Matthew and Cleaver Sarah Bess
Seller's Agent
John Barile
HomeSmart
Buyer's Agent
Elana Nager
Coldwell Banker Realty
List Price
$700,000
Sold Price
$685,000
Premium/Discount to List
-$15,000
-2.14%
Total Days on Market
7
Current Estimated Value
$1,150,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,383
Avg. Annual Appreciation
7.95%
Original Mortgage
$548,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2015
Closed on
Apr 11, 2016
Sold by
Fouche Sue and Fouche Bruce S
Bought by
Denis J Peterson Trust and Peterson L Faye
Seller's Agent
Jason Dawson, Realtor
ProSmart Realty
Buyer's Agent
John Barile
HomeSmart
List Price
$569,000
Sold Price
$552,500
Premium/Discount to List
-$16,500
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$414,375
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2008
Sold by
Fouche Sue
Bought by
Fouche Sue and Fouche Bruce S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2003
Sold by
Fouche Bruce S
Bought by
Fouche Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 24, 2001
Sold by
Eggleton Phillip and Eggleton Marsha
Bought by
Hoban James and Hoban Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,800
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2000
Sold by
Edmunds Toll Ltd Partnership
Bought by
Eggleton Phillip G and Eggleton Marsha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.89%

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
Cleaver Jason Matthew $685,000 Chicago Title Agency Inc
Denis J Peterson Trust $552,500 American Title Svc Agency Ll
Fouche Sue -- First American Title Company
Fouche Sue -- Guaranty Title Agency
Fouche Sue $455,000 Guaranty Title Agency
Hoban James $428,500 Lawyers Title Of Arizona Inc
Eggleton Phillip G $343,659 Westminster Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cleaver Jason Matthew $510,400
Closed Cleaver Jason Matthew $548,000
Closed Cleaver Jason Matthew $548,000
Previous Owner Denis J Peterson Trust $414,375
Previous Owner Fouche Sue $355,000
Previous Owner Fouche Susanne Marie $125,000
Previous Owner Fouche Sue M $75,000
Previous Owner Fouche Sue $364,000
Previous Owner Hoban James $342,800
Previous Owner Eggleton Phillip G $250,000
Closed Hoban James $85,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $685,000 -2.1% $232 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $700,000 +26.7% $237 / Sq Ft
04/14/2016 04/14/16 Sold $552,500 -2.2% $187 / Sq Ft
03/03/2016 03/03/16 Price Changed $565,000 +0.9% $191 / Sq Ft
02/03/2016 02/03/16 Price Changed $560,000 -0.9% $190 / Sq Ft
01/04/2016 01/04/16 Price Changed $565,000 -0.7% $191 / Sq Ft
11/18/2015 11/18/15 For Sale $569,000 0.0% $193 / Sq Ft
09/25/2013 09/25/13 Rented $2,400 0.0% --
09/05/2013 09/05/13 Under Contract -- -- --
08/20/2013 08/20/13 For Rent $2,400 -29.4% --
10/01/2012 10/01/12 Rented $3,400 +17.2% --
09/28/2012 09/28/12 Under Contract -- -- --
08/29/2012 08/29/12 For Rent $2,900 -- --
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 $3,773 $66,013 -- --
2024 $5,358 $62,870 -- --
2023 $5,358 $89,050 $17,810 $71,240
2022 $5,169 $60,410 $12,080 $48,330
2021 $5,330 $56,110 $11,220 $44,890
2020 $5,297 $54,120 $10,820 $43,300
2019 $5,090 $49,260 $9,850 $39,410
2018 $5,612 $47,630 $9,520 $38,110
2017 $5,400 $47,180 $9,430 $37,750
2016 $5,216 $52,770 $10,550 $42,220
2015 $4,401 $48,780 $9,750 $39,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5791303

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-444