NOT LISTED FOR SALE

561 W Sunshine Place Unit 40 Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $1,975,000 - $4,335,000

0.66 Acre
$5,270,432 Price per Acre
28,750 Sq Ft Lot

Last Sold June 16, 2014

Last sale price $430,000

Est. 709% increase in value since last sale

Current estimated payment $20,683/month

61 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Mountain View
  • Fulton Elementary School Rated A
  • 0.66 Acre Lot

About This Lot

As of June 2014

This property is one of the finest lots in Chandler Fulton Ranch Premier Islands
Community. This Community is a custom, gated, water front development in the heart of Ocotillo. Now
is your chance to build your dream home. Fantastic views in every direction. Over 1/2 Acre
28,776sqft, flat water front property. Buyer can chose their own builder. Great North South
exposure and close to common areas. Exquisite custom home community where minimum build is
4000sqft. Ira Fulton built his own home here! Great Chandler area close to shopping, freeway and
highly rated Chandler schools. Owners are licensed Real Estate Agents in the State of Arizona.

Last Agent to Sell the Property

Bonny L. Holland

Keller Williams Realty Sonoran Living License #SA110749000 Listed on: 02/25/2014

Keller Williams Realty Sonoran Living

Last Buyer's Agent

William Ryan

Keller Williams Integrity First License #BR004517000

Keller Williams Integrity First

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,462

Lot Details

  • 0.66 Acre Lot
  • Waterfront
  • Property is zoned R-4

HOA Fees

  • $315 Monthly HOA Fees

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 303-49-497

Community Details

Overview

  • Fulton Ranch Parcel 6 Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,462

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Cross Street: Alma School Rd & Fulton Ranch Blvd
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: R-4
  • Tax Year: 2013
  • Directions: East on S Fulton Ranch Blvd. North on S Peden Drive. East on W Sunshine Place. Property on right.
  • Horses: No
  • Lot Size Acres: 0.66
  • Road Surface Type: Private Street
  • Subdivision Name: Fulton Ranch Parcel 6
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Waterfront, Mountain View(s), Gated Community, North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Land Features:Waterfront: Yes

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 945.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 0
  • Association Fee: 945.0
  • Association Fee Frequency: Quarterly
  • Association Name: 0
  • Phone: 0
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: 28750
  • Lot Size Sq Ft: 28750.0
  • Additional Parcels: No
  • Parcel #: 303-49-497
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4462.0
  • Tax Book Number: 303.00
  • Tax Lot: 40
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2019
Sold by
Hamilton James Merlin and Hamilton Kerry Robyn
Bought by
Darrow Jeffrey Alan and Darrow Paula Sue
Current Estimated Value
$3,478,485

Purchase Details

Closed on
Jun 12, 2018
Sold by
Hamilton James M and Hamilton Kerry R
Bought by
Hamilton James Merlin and Hamilton Kerry Robyn

Purchase Details

Closed on
Jan 19, 2016
Sold by
Hamilton James M and Hamilton Kerry R
Bought by
Merlin Robyn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 13, 2016
Sold by
Merlin Robyn Llc
Bought by
Hamilton James M and Hamilton Kerry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 21, 2015
Sold by
Hamilton James M and Hamilton Kerry R
Bought by
Merlin Robyn Llc

Purchase Details

Closed on
Jul 7, 2015
Sold by
Merlin Robyn Llc
Bought by
Hamilton James M and Hamilton Kerry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2014
Closed on
Jun 7, 2014
Sold by
Kramer Barry and Kramer Lynn
Bought by
Merlin Robyn Llc
Seller's Agent
Bonny L. Holland
Keller Williams Realty Sonoran Living
Buyer's Agent
William Ryan
Keller Williams Integrity First
List Price
$459,900
Sold Price
$430,000
Premium/Discount to List
-$29,900
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.46%
Original Mortgage
$430,000
Interest Rate
4.09%
Mortgage Type
Unknown

Purchase Details

Closed on
May 22, 2013
Sold by
Fulton Homes Sales Corporation
Bought by
Kramer Barry and Kramer Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.28%
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 Buyer Sale Price Title Company
Darrow Jeffrey Alan $2,588,000 Security Title Agency Inc
Hamilton James Merlin -- None Available
Merlin Robyn Llc -- Fidelity Natl Title Agency
Hamilton James M -- Fidelity Natl Title Agency
Merlin Robyn Llc -- None Available
Hamilton James M -- Chicago Title Agency Inc
Merlin Robyn Llc $430,000 Infinity Title Agency
Kramer Barry $402,808 First American Title Ins Co
Fulton Homes Sales Corporation $402,808 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamilton James M $1,400,000
Previous Owner Hamilton James M $1,400,000
Previous Owner Hamilton James M $337,500
Previous Owner Merlin Robyn Llc $430,000
Previous Owner Kramer Barry $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Sold $430,000 -6.5% --
04/27/2014 04/27/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $459,900 -- --
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 $18,740 $210,188 -- --
2024 $18,369 $200,179 -- --
2023 $18,369 $299,560 $59,910 $239,650
2022 $17,770 $245,480 $49,090 $196,390
2021 $18,281 $231,350 $46,270 $185,080
2020 $18,176 $221,300 $44,260 $177,040
2019 $17,518 $215,100 $43,020 $172,080
2018 $17,002 $139,050 $27,810 $111,240
2017 $7,559 $86,700 $17,340 $69,360
2016 $4,673 $51,210 $51,210 $0
2015 $4,779 $48,752 $48,752 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5075230

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-49-497