NOT LISTED FOR SALE

Estimated Value: $874,866 - $1,007,000

5 Beds
4 Baths
3,076 Sq Ft
$306/Sq Ft Est. Value

Last Sold September 19, 2012

Last sale price $429,900 $140 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $5,332/month

Highlights

  • Private Pool
  • Waterfront
  • Contemporary Architecture
  • Basha Elementary School Rated A
  • Community Lake
  • Vaulted Ceiling

About This Home

As of April 2023

This lake front property in Ocotillo East subdivision features 5 bedrooms, 3 bathrooms, & a 3-car garage, providing ample space for a large family or entertaining guests. The main living areas boast beautiful tile floors, while the open concept kitchen offers double ovens, an electronic cooktop, granite countertops, and a walk-in pantry. The kitchen overlooks the family room & offers stunning views of the backyard, pool, and lake. The primary bedroom upstairs has an updated bathroom with granite countertops & a tile shower and tub. Outside, you'll find a beautiful pool & backyard oasis with the lake right in your backyard. Don't miss your chance to live in this incredible lake front property in Chandler's sought-after neighborhood. Call today to schedule a private viewing today!

Last Agent to Rent the Property

Stephanie Watkins

Coldwell Banker Realty License #SA678120000 Listed on: 04/02/2023

Last Renter's Agent

Stephanie Watkins

Coldwell Banker Realty License #SA678120000

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,318

Year Built

  • Built in 1997

Lot Details

  • 8,668 Sq Ft Lot
  • Waterfront
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 3 Car Garage

Home Design

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

Interior Spaces

  • 3,076 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Solar Screens

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating unit installed on the ceiling
  • Heating System Uses Natural Gas
  • High Speed Internet

Community Details

  • Property has a Home Owners Association
  • Premier Comm. Mgmt Association, Phone Number (480) 704-2900
  • Built by T W Lewis
  • Ocotillo East Parcel 5 Subdivision
  • Community Lake

Listing and Financial Details

  • Property Available on 4/3/23
  • Rent includes pool service - full
  • 12-Month Minimum Lease Term
  • Tax Lot 17
  • Assessor Parcel Number 303-40-088

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,318

Year Built

Built in 1997

Lot Details

0

Parking

3

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Pool Service - Full
  • Available Date: 2023-04-03

Listing Details

  • Cross Street: Alma School and Queen Creek
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1997
  • Rental Info H O A Name: Premier Comm. Mgmt
  • Non Assistive Animals: No
  • Rental Info Rental Tax Percent: 1.5
  • Lease Term Minimum Lease Term Months: 12
  • Directions: S ON ALMA SCHOOL LEFT on SANDPIPER, RIGHT TO W HACKBERRY HOME ON RIGHT
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: OCOTILLO EAST PARCEL 5
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Technology:High Speed Internet Available: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3076.0
  • Stories: 2
  • Window Features: Solar Screens
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Ceiling
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Ceiling: Yes

Condo/Co-op/Association

  • Community Features: Lake
  • Association Name: Premier Comm. Mgmt
  • Phone: 480-704-2900
  • Association: Yes
  • Pets Allowed: No

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

  • Lot Size Sq Ft: 8668.0
  • Parcel #: 303-40-088

Building Info

  • Builder Name: T W Lewis

Tax Info

  • Tax Book Number: 303.00
  • Tax Lot: 17
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2018
Sold by
Vassighi Arman and Jamshidi Zhila
Bought by
Vassighi Arman and Jamshidi Zhila
Current Estimated Value
$941,467

Purchase Details

Listed on
Aug 12, 2012
Closed on
Sep 5, 2012
Sold by
Skyline Vista Equities Llc
Bought by
Vassighi Arman and Jamshidi Zhila
Seller's Agent
Beverly Ream
HomeSmart
Buyer's Agent
Kevin Belzer
HomeSmart
List Price
$429,900
Sold Price
$429,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$343,920
Outstanding Balance
$68,465
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$877,854

Purchase Details

Closed on
Jun 22, 2012
Sold by
Olson Richard W and Love Olson Cynthia
Bought by
Skyline Vista Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 23, 2007
Sold by
Farel Timothy W and Farel Suzanne M
Bought by
Olson Richard W and Love Olson Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2004
Sold by
Bredeson Karen M
Bought by
Farel Timothy W and Farel Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2002
Sold by
Bredeson Karen M and Bredeson Douglas C
Bought by
Bredeson Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.08%

Purchase Details

Closed on
Jan 7, 1998
Sold by
T W Lewis Company
Bought by
Bredeson Douglas C and Bredeson Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.14%
Mortgage Type
New Conventional
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
Vassighi Arman -- None Available
Vassighi Arman $429,900 Fidelity National Title Agen
Skyline Vista Equities Llc $373,100 None Available
Olson Richard W $585,000 First American Title Ins Co
Farel Timothy W $415,000 Lawyers Title Ins
Bredeson Karen M -- First Financial Title Agency
Bredeson Douglas C $260,242 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vassighi Arman $343,920
Previous Owner Olson Richard W $417,000
Previous Owner Farel Timothy W $300,000
Previous Owner Bredeson Karen M $150,000
Previous Owner Bredeson Douglas C $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2023 04/22/23 Rented $3,700 0.0% --
04/12/2023 04/12/23 Under Contract -- -- --
04/03/2023 04/03/23 For Rent $3,700 -2.6% --
05/16/2022 05/16/22 Rented $3,800 +2.7% --
05/15/2022 05/15/22 Under Contract -- -- --
04/13/2022 04/13/22 For Rent $3,700 0.0% --
09/19/2012 09/19/12 Sold $429,900 0.0% $140 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
08/11/2012 08/11/12 For Sale $429,900 -- $140 / 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 $4,318 $53,448 -- --
2024 $4,224 $50,903 -- --
2023 $4,224 $65,860 $13,170 $52,690
2022 $4,071 $48,900 $9,780 $39,120
2021 $4,201 $47,160 $9,430 $37,730
2020 $4,175 $46,420 $9,280 $37,140
2019 $4,007 $41,550 $8,310 $33,240
2018 $3,876 $40,680 $8,130 $32,550
2017 $3,605 $38,760 $7,750 $31,010
2016 $3,462 $41,670 $8,330 $33,340
2015 $3,295 $38,800 $7,760 $31,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6539189

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-40-088