NOT LISTED FOR SALE

Estimated Value: $872,000 - $918,472

4 Beds
3 Baths
2,524 Sq Ft
$356/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $750,000 $297 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,221/month

5 Days on Market

Highlights

  • Play Pool
  • Waterfront
  • Community Lake
  • Chandler Traditional Academy Independence Campus Rated A
  • 0.29 Acre Lot
  • Vaulted Ceiling

About This Home

As of June 2021

Elegant waterfront home in Ocotillo Lakes is waiting for you! Rare opportunity to own a corner lot with complete privacy. This single story 4 bed + office, 3 bath, and 3-car garage home also includes an open kitchen/family room, formal dining room, and living room with vaulted ceilings with porcelain floor tile throughout. Newly remodeled master bathroom shower in 2019. Outdoor living possibilities are endless with the covered patio featuring a built-in gas BBQ, fire pit, heated pool with waterfall, and mature citrus trees. All of this is conveniently located near Intel and the Price high tech corridor, Ocotillo Golf Course, highly sought-after CTA Independence Elementary School, exceptional dining, shopping, and more. All offers submitted by 2pm on May 16th will be reviewed 5 pm May 16th

Last Agent to Sell the Property

Samuel Gadzichowski

Picture Perfect Realty LLC License #SA638800000 Listed on: 05/11/2021

Last Buyer's Agent

Darrah Lannon

Summit Real Estate Professionals License #BR558555000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,442

Year Built

  • Built in 1999

Lot Details

  • 0.29 Acre Lot
  • Waterfront
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

HOA Fees

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,524 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Outdoor Features

  • Play Pool
  • Covered Patio or Porch
  • Built-In Barbecue
  • Playground

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 303-48-519

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Premier Management Association, Phone Number (480) 829-7200
  • Ocotillo Lakes MC Association, Phone Number (480) 704-2900
  • Association Phone (480) 704-2900
  • Built by Pulte
  • Ocotillo Lakes Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,442

Year Built

Built in 1999

Lot Details

0

HOA Fees

$115 per month

Parking

3

Listing Details

  • Cross Street: Ocotillo/Alma School or Ocotillo/Dobson
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Ocotillo Lakes MC
  • HOA #2 Phone Number: 480-704-2900
  • HOA #2 Transfer Fee: 180.0
  • 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: 115.0
  • Basement: N
  • Bathrooms Year Updated: 2019
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1999
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.29
  • Subdivision Name: OCOTILLO LAKES
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 297.15
  • Association Fees:HOA Fee2: 55.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2524.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Built-in Barbecue
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Corner Lot
  • Pool Features: Play Pool, Heated, Private
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Tennis Court(s), Playground
  • Association #2 Fee: 180.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 55.0
  • Association Fee Frequency: Monthly
  • Association: Ocotillo Lakes MC
  • Association Name: Ocotillo Lakes
  • Association Phone #2: 480-704-2900
  • Phone: 480-829-7200
  • 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
  • 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 Services
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fees:HOA Management Company 2: Premier Management

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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: 12794.0
  • Parcel #: 303-48-519

Building Info

  • Builder Name: Pulte

Tax Info

  • Tax Annual Amount: 4442.0
  • Tax Book Number: 303.00
  • Tax Lot: 37
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Frerichs Kyle and Frerichs Melissa
Bought by
Frerichs Living Trust and Frerichs
Current Estimated Value
$897,368

Purchase Details

Listed on
May 11, 2021
Closed on
Jun 16, 2021
Sold by
Yanke Gregory Scott and Savenye Angela Gayle
Bought by
Frerichs Kyle and Frerichs Melissa
Seller's Agent
Samuel Gadzichowski
Picture Perfect Realty LLC
Buyer's Agent
Darrah Lannon
Summit Real Estate Professionals
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$600,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2007
Sold by
Kaleta Danny and Kaleta Summer
Bought by
Yanke Gregory Scott and Savenye Angela Gayle

Purchase Details

Closed on
Nov 22, 2005
Sold by
Hansgen Debra A
Bought by
Kalta Yousef and Kaleta Summer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2004
Sold by
Griffin Eric and Griffin Tayne C
Bought by
Hansgen Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2003
Sold by
Tnt Home Investments Llc
Bought by
Griffin Eric and Hilton Tayne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2003
Sold by
Kma Associated Llc
Bought by
Tnt Home Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2003
Sold by
Mertes Scott O and Mertes Louise T
Bought by
Kma Associates Llc

Purchase Details

Closed on
Jul 27, 1999
Sold by
Pulte Home Corp
Bought by
Mertes Scott O and Mertes Louise T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,675
Interest Rate
6.5%
Mortgage Type
New Conventional
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
Frerichs Living Trust -- None Listed On Document
Frerichs Kyle $750,000 Driggs Title Agency Inc
Yanke Gregory Scott $635,000 Title Guaranty Agency Of Ari
Kalta Yousef $605,000 First American Title Ins Co
Hansgen Debra A $372,000 First American Title Ins Co
Griffin Eric $335,000 Capital Title Agency Inc
Tnt Home Investments Llc -- --
Kma Associates Llc $278,000 Capital Title Agency Inc
Mertes Scott O $307,433 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frerichs Kyle $600,000
Previous Owner Kalta Yousef $484,000
Previous Owner Hansgen Debra A $122,000
Previous Owner Griffin Eric $268,000
Previous Owner Tnt Home Investments Llc $290,500
Previous Owner Mertes Scott O $276,675
Closed Griffin Eric $67,000
Closed Hansgen Debra A $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $750,000 -3.2% $297 / Sq Ft
05/11/2021 05/11/21 For Sale $775,000 -- $307 / 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 $4,678 $56,445 -- --
2024 $4,494 $53,757 -- --
2023 $4,494 $70,320 $14,060 $56,260
2022 $4,333 $52,460 $10,490 $41,970
2021 $4,470 $48,270 $9,650 $38,620
2020 $4,442 $46,330 $9,260 $37,070
2019 $4,265 $42,120 $8,420 $33,700
2018 $4,219 $40,900 $8,180 $32,720
2017 $3,937 $39,030 $7,800 $31,230
2016 $4,012 $41,650 $8,330 $33,320
2015 $3,822 $38,870 $7,770 $31,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6234502

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-48-519