$335,000
SOLD MAR 21, 2014

506 W Rio Grande Dr Unit 57 Chandler, AZ 85248

Ocotillo Neighborhood
0.59 Acre
$567,797 Price per Acre
25,700 Sq Ft Lot

Recently Sold

8% Below List Price

118 Days on Market

Highlights

  • Gated Community
  • 0.59 Acre Lot
  • Corner Lot
  • Fulton Elementary School Rated A

About This Lot

As of February 2016

Beautiful gated custom homesite - Corner lot with front views of lake - community offers many amenities to include 28 acres of lakes, mature landscapes, childrens play areas, bike paths, walking paths, cover patios, several bridges for great photo oportunitis.

Last Agent to Sell the Property

Peggy Bauer

Cactus Mountain Properties, LLC License #SA559255000 Listed on: 10/26/2013

Cactus Mountain Properties, LLC

Last Buyer's Agent

Michael Hickson

West USA Realty License #BR051921000

West USA Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,190

Lot Details

  • 0.59 Acre Lot
  • Corner Lot

HOA Fees

  • $322 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 303-49-514

Community Details

Overview

  • Fulton Ranch Association, Phone Number (480) 705-9600
  • Fulton Ranch Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,190

Lot Details

0

HOA Fees

$322 per month

Listing Details

  • Cross Street: Arizona Avenue & Octillo
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Plans Available
  • Zoning: res
  • Tax Year: 2013
  • Directions: West on Ocotillo, left on Fulton, Right on Pacific, Left on Ethan, Left on Harmony, right on Rio Grande
  • Lot Size Acres: 0.59
  • Road Surface Type: Private Street, Curb(s) & Gutter(s)
  • Subdivision Name: Fulton Ranch
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Lake Subdivision, Corner Lot, Gated Community
  • Disclosures: Seller Prop Disc Stm, Appraisal
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 965.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-705-9600
  • HOA Transfer Fee: 1340.0
  • Association Fee: 965.0
  • Association Fee Frequency: Quarterly
  • Association Name: Fulton Ranch
  • Phone: 480-705-9600
  • Association: Yes

Schools

  • Elementary School: Ira A. Fulton Elementary
  • High School: Hamilton High School
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Lot Size: 167x154
  • Lot Size Sq Ft: 25705.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 303-49-514
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4189.54
  • Tax Book Number: 303.00
  • Tax Lot: 57
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2015
Closed on
Feb 10, 2016
Sold by
Alsheikh Ammar
Bought by
The Keith Family Trust
Seller's Agent
Donald Hanson
MV Realty
Buyer's Agent
Derek Dahl
Dahl Real Estate
List Price
$435,000
Sold Price
$425,000
Premium/Discount to List
-$10,000
-2.3%
Current Estimated Value
$2,752,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,327,872
Avg. Annual Appreciation
22.09%

Purchase Details

Listed on
Oct 26, 2013
Closed on
Mar 18, 2014
Sold by
Hampton Health Care Services Llc
Bought by
Ammar Alsheikh & Ahed Kassab Living Trus
Seller's Agent
Peggy Bauer
Cactus Mountain Properties, LLC
Buyer's Agent
Michael Hickson
West USA Realty
List Price
$365,000
Sold Price
$335,000
Premium/Discount to List
-$30,000
-8.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%

Purchase Details

Listed on
Nov 28, 2011
Closed on
May 2, 2012
Sold by
Earnhardt Bull and Earnhardt Alexis
Bought by
Hampton Health Care Services Llc
Seller's Agent
Kathy Surcouf
Keller Williams Realty East Valley
Buyer's Agent
Peggy Bauer
Cactus Mountain Properties, LLC
List Price
$299,000
Sold Price
$240,000
Premium/Discount to List
-$59,000
-19.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.52%

Purchase Details

Closed on
Nov 2, 2010
Sold by
57 F Ranch Llc
Bought by
Earnhardt Bull and Earnhardt Alexis N

Purchase Details

Closed on
Oct 1, 2007
Sold by
Fulton Homes Sales Corp
Bought by
57 F Ranch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Cash Sale Deed $425,000 Stewart Title & Trust Of Pho
Cash Sale Deed $335,000 First American Title Ins Co
Cash Sale Deed $240,000 First Arizona Title Agency
Trustee Deed $137,806 None Available
Special Warranty Deed $467,526 The Talon Group Tempe Supers
Cash Sale Deed $467,526 The Talon Group Tempe Supers
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 New Conventional
Previous Owner $318,000 Unknown
Previous Owner $335,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2016 02/11/16 Sold $425,000 -2.3% --
01/17/2016 01/17/16 Pending -- -- --
12/08/2015 12/08/15 For Sale $435,000 +29.9% --
03/21/2014 03/21/14 Sold $335,000 -8.2% --
02/20/2014 02/20/14 Pending -- -- --
10/25/2013 10/25/13 For Sale $365,000 +52.1% --
05/07/2012 05/07/12 Sold $240,000 -19.7% $9 / Sq Ft
04/22/2012 04/22/12 Pending -- -- --
11/28/2011 11/28/11 For Sale $299,000 -- $12 / 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 $13,183 $149,794 -- --
2024 $12,919 $142,661 -- --
2023 $12,919 $234,810 $46,960 $187,850
2022 $12,491 $197,500 $39,500 $158,000
2021 $12,856 $185,430 $37,080 $148,350
2020 $12,781 $176,960 $35,390 $141,570
2019 $12,912 $157,750 $31,550 $126,200
2018 $12,544 $47,250 $47,250 $0
2017 $4,542 $41,490 $41,490 $0
2016 $4,387 $43,815 $43,815 $0
2015 $4,487 $41,712 $41,712 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Donald Hanson

    MV Realty

    Section Image

  • D

    Buyer's Agent in 2016

    Derek Dahl

    Dahl Real Estate

    Section Image
  • Peggy Bauer

    Seller's Agent in 2014

    Peggy Bauer

    Cactus Mountain Properties, LLC

    (602) 369-4905

    11 in this area

    202 Total Sales

    Section Image

  • M

    Buyer's Agent in 2014

    Michael Hickson

    West USA Realty

    Section Image
  • Kathy Surcouf

    Seller's Agent in 2012

    Kathy Surcouf

    Keller Williams Realty East Valley

    (480) 650-5018

    3 in this area

    64 Total Sales

    Section Image
  • Andre' Surcouf

    Seller Co-Listing Agent in 2012

    Andre' Surcouf

    Keller Williams Realty East Valley

    (480) 221-1312

    2 in this area

    46 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5021011

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-49-514

Arizona Maricopa County Chandler 85248 Ocotillo

506 W Rio Grande Dr Unit 57, Chandler, AZ

This home is located at 506 W Rio Grande Dr Unit 57, Chandler, AZ 85248 and is currently priced at $335,000. 506 W Rio Grande Dr Unit 57 is a home located in Maricopa County with nearby schools including Fulton Elementary School, Hamilton High School, and Bogle Junior High School.

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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