NOT LISTED FOR SALE

5181 S Cotton Dr Chandler, AZ 85248

Estimated Value: $623,000 - $693,000

4 Beds
2 Baths
2,121 Sq Ft
$308/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $457,000 $215 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,873/month

8 Days on Market

Highlights

  • On Golf Course
  • Above Ground Spa
  • Vaulted Ceiling
  • Jacobson Elementary School Rated A
  • Community Lake
  • Spanish Architecture

About This Home

As of March 2021

Amazing opportunity in 85248 to make this lovely 4 bedroom 2 bath house your home. Oakwood Lakes is NOT AGE RESTRICTED. Backyard privacy with Ironwood Golf Course as your neighbor. Vaulted ceilings and flowing floor plan give the home a spacious feel. The property has been well maintained with an updated kitchen, fresh paint throughout and a new roof in 2015. The generous Master bedroom can accommodate large furniture with plenty of storage, plant shelves and a Master bath that features soaking tub, vanity with dual sinks and walk in closet. Just minutes to shopping, dining, golf as well as great Valley employers such as GM Financial, INTEL, PayPal and more. Come and see for yourself before the opportunity passes you by.

Surrounded by such well known Chandler communities as Ocotillo, Sun Lakes and Oakwood Hills is Oakwood Lakes on the east side of Alma School Road. Oakwood Lakes has 200 homes where 59 are situated on scenic waterfront lots. Homes range in size from a single story floorplan built by Earlie Homes with 1,425 sq.ft up to a two story 3,218 sq.ft. floorplan built by Pulte, between 1996 and 1999. Oakwood Lakes is also one of the communities that allow waterfront homeowners to have pontoon boats and enjoy the 2,000 foot long man made lake. Oakwood Lakes is conveniently located near Ocotillo Golf Resort as well as Bear Creek Golf Course. Ocotillo Lakes Golf Resort is one of the Top 50 Golf Resorts as rated by Golf World Magazine 2009. The lush fairways and greens of the Ocotillo Golf Resort add to the scenery created by the area lakes that run throughout the Ocotillo Lakes subdivisions. Less than 3 miles from Oakwood Lakes and sharing the same location as Hamilton High School is the Hamilton Aquatic Center, and the Chandler Library, Hamilton branch. The aquatics center received the "Best of South Chandler for Family Fun" award by a local newspaper. The Hamilton branch library is one of four libraries that serve the City of Chandler, and the closest location for residents in south Chandler subdivisions.

Last Agent to Sell the Property

Heather Macpherson

Realty ONE Group License #SA655252000 Listed on: 01/28/2021

Realty ONE Group

Last Buyer's Agent

Mike Schude

Instasold License #SA548035000

Instasold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,802

Year Built

  • Built in 1996

Lot Details

  • 9,252 Sq Ft Lot
  • Desert faces the front of the property
  • On Golf Course
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,121 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Above Ground Spa
  • Covered Patio or Porch

Schools

  • Anna Marie Jacobson Elementary School
  • Bogle Junior High School
  • Hamilton High School

Utilities

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

Community Details

  • Association fees include ground maintenance
  • Oakwood Lakes Association, Phone Number (480) 704-2900
  • Built by Pulte
  • Oakwood Lakes Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 137
  • Assessor Parcel Number 303-74-459

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,802

Year Built

Built in 1996

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Cross Street: Alma School and Chandler Heights
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 74.89
  • Basement: N
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2020
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2020
  • Directions: S Alma School Rd, left onto W Chandler Heights Rd, right onto Tumbleweed Ln, left onto W Nolan Way, W Nolan Way turns right and becomes S Cotton Dr Home will be on the left
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: OAKWOOD LAKES
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 224.66
  • 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: Carpet, Tile
  • Basement YN: No
  • Spa Features: Above Ground
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2121.0
  • Stories: 1
  • Window Features: Solar Screens
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, On Golf Course, Gravel/Stone Back, Grass Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail, Vicinity of an Airport
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 224.66
  • Association Fee Frequency: Quarterly
  • Association Name: Oakwood Lakes
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 190.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Oakwood Lakes
  • 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

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Anna Marie Jacobson Elementary School
  • 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: 9252.0
  • Parcel #: 303-74-459

Building Info

  • Builder Name: Pulte

Tax Info

  • Tax Annual Amount: 2802.0
  • Tax Book Number: 303.00
  • Tax Lot: 137
  • Tax Map Number: 74.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 3, 2021
Sold by
Indelicato Paul
Bought by
Tweten Christopher S and Tweten Michaela G
Seller's Agent
Heather Macpherson
Realty ONE Group
Buyer's Agent
Mike Schude
Instasold
List Price
$467,000
Sold Price
$457,000
Premium/Discount to List
-$10,000
-2.14%
Current Estimated Value
$653,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,531
Avg. Annual Appreciation
8.60%
Original Mortgage
$365,600
Outstanding Balance
$329,381
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$329,247

Purchase Details

Closed on
Aug 20, 2019
Sold by
Indelicato Paul and Indelicato Anjanetle
Bought by
Indelicato Paul

Purchase Details

Closed on
Jul 14, 2003
Sold by
Wilks Robert Allen and Wilks Carole Marie
Bought by
Indelicato Paul J and Indelicato Anjanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 1996
Sold by
Pulte Home Corp
Bought by
Wilks Robert Allen and Wilks Carole Marie

Purchase Details

Closed on
Aug 29, 1996
Sold by
Dmb Property Ventures Ltd Partnership
Bought by
Pulte Home Corp
Source: Public Records

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
Tweten Christopher S $457,000 Clear Title Agency Of Az
Indelicato Paul -- None Available
Indelicato Paul J $207,500 Capital Title Agency Inc
Wilks Robert Allen $155,438 Security Title
Pulte Home Corp $128,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tweten Christopher S $365,600
Previous Owner Indelicato Paul J $70,000
Previous Owner Indelicato Paul J $89,021
Previous Owner Indelicato Paul J $68,000
Previous Owner Indelicato Paul J $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $457,000 -2.1% $215 / Sq Ft
01/28/2021 01/28/21 For Sale $467,000 -- $220 / 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 $2,842 $36,988 -- --
2024 $2,783 $35,226 -- --
2023 $2,783 $51,050 $10,210 $40,840
2022 $2,685 $37,680 $7,530 $30,150
2021 $2,814 $36,580 $7,310 $29,270
2020 $2,802 $40,760 $8,150 $32,610
2019 $2,695 $32,780 $6,550 $26,230
2018 $2,609 $30,420 $6,080 $24,340
2017 $2,432 $30,650 $6,130 $24,520
2016 $2,343 $32,130 $6,420 $25,710
2015 $2,270 $31,050 $6,210 $24,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6187458

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-74-459