NOT LISTED FOR SALE

Estimated Value: $1,321,000 - $1,587,000

5 Beds
3.5 Baths
4,360 Sq Ft
$342/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $930,000 $213 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $8,496/month

52 Days on Market

Highlights

  • Play Pool
  • Gated Community
  • 0.24 Acre Lot
  • Basha Elementary School Rated A
  • Waterfront
  • Community Lake

About This Home

As of June 2018

Brilliantly constructed and elegantly finished, this custom waterfront home overflows with luxury in the gated lake subdivision of Santorini Shores. As soon as you walk through the Tuscan styled iron doors, you are welcomed into an expansive two story entryway. Elegant travertine floors flow through the downstairs as you look through large windows out to the beautiful lake.
Approach the open concept kitchen and notice cherry cabinets that warm the room containing hand selected granite countertops, an oversized island, and stainless steel appliances, including gas cooktop, double ovens and dual dishwashers. Soaring 12 foot ceilings extend the grand living spaces upward further increasing the open expanse. An entertainer's delight, enjoy sharing formal dinners in the dining room located across from a butler's pantry with ample storage. The Italian marble gas fireplace in the living room provides a warm and delightful atmosphere. On the way to the welcoming family room you'll notice a well-appointed wet bar with an adjacent wine closet capable of housing over 250 bottles of your favorite wine. The many windows invite you outdoors to the lake, with the openair patio tiled in travertine providing inviting poolside and lakeside views for beautiful outdoor dining. Picturing sunset cruises, grilling on the built-in stainless steel barbeque, and sitting by the fire pit with amazing friends and family, you realize this could be your new lifestyle. The resort like yard is complemented with an extensive use of European pavers. Ascend a spiral staircase up to the balcony overlooking the backyard and experience peaceful views of the lake, surrounding mountains, and our spectacular Arizona sunsets. Once back inside this stunning home, you will notice how cool and comfortable you can keep your spacious rooms without the concern of high electric bills. Built-in energy efficiencies consistently rate a documented 10 by SRP, resulting in annual power bills unbelievably averaging less than $200 per month. Retreat to the oversized master bedroom with his and hers walk in closets and featuring a luxuriously appointed master bath with separate vanities, walk-in shower and jetted Jacuzzi tub. If you are wondering where the kids are, open the double doors to the upstairs game room and enjoy the laughter and smiles coming from within. This home has a preferred north-south exposure and an oversized 3 car garage. Come visit your dream home before your luxury waterfront lifestyle slips away!

Last Agent to Sell the Property

Daniel Hodges

HomeSmart License #SA654710000 Listed on: 04/07/2018

HomeSmart

Co-Listed By

Shaun Rudgear

Arizona Medical Practice Brokers License #BR008458000

Last Buyer's Agent

Rebecca Hidalgo

Integrity All Stars License #BR100814000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,199

Year Built

  • Built in 2005

Lot Details

  • 10,254 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $111 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Cellulose Insulation
  • Tile Roof
  • Foam Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,360 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Home Security

  • Security System Owned
  • Intercom

Pool

  • Play Pool
  • Pool Pump

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Basha Elementary School
  • Bogle Junior High School
  • Hamilton High School

Utilities

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

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 303-40-307

Community Details

Overview

  • Ocotillo Association, Phone Number (480) 704-2900
  • Santorini Shores Association, Phone Number (480) 539-1396
  • Association Phone (480) 539-1396
  • Built by Custom Home
  • Ocotillo East Parcel 7 Phase 1 Subdivision
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,199

Year Built

Built in 2005

Lot Details

10,254 Sq Ft Lot

HOA Fees

$111 per month

Parking

3

Listing Details

  • Cross Street: QUEEN CREEK & ALMA SCHOOL
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2 Fee: 332.0
  • HOA #2 Name: Santorini Shores
  • HOA #2 Phone Number: 480-539-1396
  • HOA #2 Transfer Fee: 185.0
  • 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: 167.17
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2017
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.24
  • Co List Office Mls Id: cril02
  • Co List Office Phone: 602-889-2135
  • Subdivision Name: OCOTILLO EAST PARCEL 7 PHASE 1
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 213.3
  • Association Fees:HOA Fee2: 56.5
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Laundry:_two_20 V Dryer Hookup: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Walk-In Closet(s), Eat-in Kitchen, 9+ Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Intercom, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 4360.0
  • Stories: 2
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Lake Subdivision: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Variable Speed Pump, Private
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Blown Cellulose, Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Construction:Blown Cellulose: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, Extnded Lngth Garage, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric, Natural Gas
  • Laundry Features: 220 V Dryer Hookup, Inside, Gas Dryer Hookup
  • Security: Security System Owned, Gated Community
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 332.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association: Santorini Shores
  • Association Name: Ocotillo
  • Association Phone #2: 480-539-1396
  • Phone: 480-704-2900
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Ocotillo
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Schools

  • Elementary School: Basha Elementary
  • High School: Hamilton High School
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10254.0
  • Parcel #: 303-40-307
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom Home

Tax Info

  • Tax Annual Amount: 6198.58
  • Tax Book Number: 303.00
  • Tax Lot: 21
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2018
Closed on
Jun 6, 2018
Sold by
Greenbank Elmer D and Greenbank Julianna M
Bought by
Stevens Robert and Stevens Alice L
Seller's Agent
Daniel Hodges
HomeSmart
Buyer's Agent
Rebecca Hidalgo
Integrity All Stars
List Price
$979,000
Sold Price
$930,000
Premium/Discount to List
-$49,000
-5.01%
Current Estimated Value
$1,491,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,809
Avg. Annual Appreciation
6.31%
Original Mortgage
$400,000
Outstanding Balance
$346,707
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,145,102

Purchase Details

Closed on
Feb 29, 2008
Sold by
Greenbank Elmer D and Greenbank Julianne M
Bought by
Greenbank Elmer D and Greenbank Julianne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2006
Sold by
Greenbank Elmer D and Greenbank Julianne M
Bought by
Greenbank Elmer D and Greenbank Julianne M

Purchase Details

Closed on
Oct 16, 2003
Sold by
Holz Donald G
Bought by
Greenbank Elmer D and Greenbank Julianne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2000
Sold by
Tomar Enterprises Llc
Bought by
Holz Donald G and Holz Judith A

Purchase Details

Closed on
Feb 29, 2000
Sold by
Ocotillo East Ltd Partnership
Bought by
Barnes Thomas A
Source: Public Records
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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
Stevens Robert $930,000 Lawyers Title Of Arizona Inc
Greenbank Elmer D -- Westland Title Agency Of Az
Greenbank Elmer D -- Westland Title Agency Of Az
Greenbank Elmer D -- None Available
Greenbank Elmer D $180,000 Old Republic Title Agency
Holz Donald G $155,000 Stewart Title & Trust
Tomar Enterprises Llc -- Stewart Title & Trust
Barnes Thomas A $138,500 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Robert $400,000
Previous Owner Greenbank Elmer D $445,000
Previous Owner Greenbank Elmer D $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $930,000 -2.1% $213 / Sq Ft
05/01/2018 05/01/18 Price Changed $950,000 -3.0% $218 / Sq Ft
04/07/2018 04/07/18 For Sale $979,000 -- $225 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $7,480 $86,412 -- --
2024 $7,198 $82,297 -- --
2023 $7,198 $110,130 $22,020 $88,110
2022 $6,952 $76,560 $15,310 $61,250
2021 $7,162 $75,720 $15,140 $60,580
2020 $7,119 $72,160 $14,430 $57,730
2019 $6,849 $69,710 $13,940 $55,770
2018 $6,636 $65,170 $13,030 $52,140
2017 $6,199 $63,570 $12,710 $50,860
2016 $5,967 $67,470 $13,490 $53,980
2015 $5,697 $61,080 $12,210 $48,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5748425

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-40-307

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