NOT LISTED FOR SALE

741 W Locust Dr Unit 3 Chandler, AZ 85248

Ocotillo Neighborhood

Estimated Value: $732,000 - $811,000

5 Beds
3 Baths
2,932 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $722,525 $246 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,553/month

49 Days on Market

Highlights

  • Heated Spa
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom
  • Basha Elementary School Rated A
  • Double Pane Windows
  • 4-minute walk to Fox Crossing Park

About This Home

As of August 2022

Beautiful home in highly-desirable Fox Crossing sub-division. 4 bedrooms with a 5th may serve as a home office. Across the street is a large park and no neighbor on the side by the walking path. Eat-in kitchen overlooks a huge family room. All bathrooms have been renovated; the spacious master bath offers a walk-in shower. Kitchen appliances are stainless steel, double oven and cooktop stove are both new. New one-vessel sink, faucet and a renovated RO system. Pull-out drawers have been added to the kitchen and most of the house. Master bedroom bath has a large walk-in closet. Pool has a spa, heater was new as of 2018. Mesh fence can quickly be put up as a barrier for small children or removed for entertaining. Three-car garage and RV gate provide plenty of room for access and storage.

Last Agent to Sell the Property

John Jones

AZ Marketplace Realty License #SA648368000 Listed on: 05/28/2022

Last Buyer's Agent

Mike Mazzucco

My Home Group Real Estate License #SA673876000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 1998

Lot Details

  • 7,150 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,932 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • <<builtInMicrowave>>
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Heated Spa
  • Heated Pool

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Association fees include ground maintenance
  • Premier Management Association, Phone Number (480) 704-2900
  • Built by ENGLE
  • Fox Crossing Unit 3 Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 303-40-520

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,392

Year Built

Built in 1998

Lot Details

0

HOA Fees

$70 per month

Parking

3

Listing Details

  • Cross Street: ALMA SCHOOL & QUEEN CREEK
  • 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: 70.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: South to Sandpiper, East around the curve to Locust Dr, West to the property
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: FOX CROSSING UNIT 3
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 70.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm
  • Living Area: 2932.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front, Grass Front
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association Name: Fox Crossing
  • 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: Monthly
  • Association Fees:HOA Name4: Fox Crossing
  • Association Fees:HOA Telephone4: 480-704-2900
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 140.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Premier Management

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Basha Elementary
  • 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: 7150.0
  • Parcel #: 303-40-520
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: ENGLE

Tax Info

  • Tax Annual Amount: 3392.0
  • 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
May 28, 2022
Closed on
Aug 24, 2022
Sold by
Farnsworth Family Trust
Bought by
Varela Raymund V and Varela Riza
Seller's Agent
John Jones
AZ Marketplace Realty
Buyer's Agent
Mike Mazzucco
My Home Group Real Estate
List Price
$799,000
Sold Price
$722,525
Premium/Discount to List
-$76,475
-9.57%
Current Estimated Value
$759,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,494
Avg. Annual Appreciation
1.73%
Original Mortgage
$582,398
Outstanding Balance
$561,253
Interest Rate
5.51%
Mortgage Type
VA
Estimated Equity
$197,766

Purchase Details

Closed on
Oct 19, 2021
Sold by
Farnsworth Curtis B and Farnsworth Denise L
Bought by
Farnsworth Curtis B and Farnsworth Denise L

Purchase Details

Closed on
Jul 11, 2003
Sold by
Dawson Garold G and Dawson Lucy A
Bought by
Farnsworth Curtis B and Farnsworth Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,200
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 1999
Sold by
Engle Homes Arizona Inc
Bought by
Dawson Garold G and Dawson Lucy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Varela Raymund V $722,525 Premier Title
Farnsworth Curtis B -- None Available
Farnsworth Curtis B $274,000 Ticor Title Agency Of Az Inc
Dawson Garold G $206,676 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varela Raymund V $582,398
Previous Owner Farnsworth Curtis B $50,000
Previous Owner Farnsworth Curtis B $234,400
Previous Owner Farnsworth Curtis B $188,000
Previous Owner Farnsworth Curtis B $195,440
Previous Owner Farnsworth Curtis B $241,000
Previous Owner Farnsworth Curtis B $50,000
Previous Owner Farnsworth Curtis B $26,600
Previous Owner Farnsworth Curtis B $219,200
Previous Owner Dawson Garold G $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $722,525 -2.9% $246 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $744,000 -1.3% $254 / Sq Ft
06/17/2022 06/17/22 Price Changed $754,000 -2.0% $257 / Sq Ft
06/08/2022 06/08/22 Price Changed $769,000 -3.8% $262 / Sq Ft
05/27/2022 05/27/22 For Sale $799,000 -- $273 / 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 $3,489 $44,440 -- --
2024 $3,411 $42,324 -- --
2023 $3,411 $52,810 $10,560 $42,250
2022 $3,284 $39,030 $7,800 $31,230
2021 $3,392 $37,110 $7,420 $29,690
2020 $3,370 $34,820 $6,960 $27,860
2019 $3,247 $33,260 $6,650 $26,610
2018 $3,172 $32,150 $6,430 $25,720
2017 $2,956 $31,150 $6,230 $24,920
2016 $2,848 $32,550 $6,510 $26,040
2015 $2,760 $29,350 $5,870 $23,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6407640

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-40-520