NOT LISTED FOR SALE

Estimated Value: $4,218,000 - $6,447,254

1.64 Acres
$3,102,287 Price per Acre
71,438 Sq Ft Lot

Sale Details

Date Sold: May 10, 2019

Last sale price $1,220,000

Est. 317% increase in value since last sale

Current estimated payment $28,510 / mo

Highlights

  • Gated Community
  • Waterfront
  • Partially Fenced Property
  • Jacobson Elementary School Rated A
  • 1.64 Acre Lot

About This Lot

As of May 2019

Rare opportunity in one of Chandler's most luxurious and sought-after gated communities of Oakwood Hills, Nicknamed the ''Beverly Hills'' of Arizona. This 1.64 acre lake front lot is incredibly rare to find! This is a MUST SEE! Come & Build your dream home on this one of a kind lot!!! Alta Survey has been completed by the seller! Listing agent has an interest in property. HOA fees include water for landscape front and back. *Please note, the main photo is of both lots 31 & 32. Please note, the home & infrastructure in the photo has been demolished. Only lot 32 is for sale which is located on the West side.

Last Agent to Sell the Property

David Khalaj

Pro Sports Realty License #SA112431000 Listed on: 04/16/2019

Last Buyer's Agent

Heather Taylor

ProSmart Realty License #SA643682000

ProSmart Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,883

Lot Details

  • 1.64 Acre Lot
  • Waterfront
  • Partially Fenced Property
  • Property is zoned residential350

HOA Fees

  • $852 Monthly HOA Fees

Eco-Friendly Details

  • North or South Exposure

Schools

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

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 303-52-213

Community Details

Overview

  • Oakwood Hills HOA, Phone Number (602) 288-2618
  • Oakwood Hills Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,883

Lot Details

1.64 Acres

HOA Fees

$852 per month

Listing Details

  • Cross Street: ALMA SCHOOL & CHANDLER HEIGHTS
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: residential350
  • Tax Year: 2018
  • Horses: No
  • Lot Size Acres: 1.64
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: OAKWOOD HILLS
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: Waterfront, Lake Subdivision, Gated Community, North/South Exp
  • Disclosures: None
  • Other Structures: None
  • Land Features:Waterfront: Yes

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 2555.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 602-288-2618
  • Association Fee: 2555.0
  • Association Fee Frequency: Quarterly
  • Association Name: Oakwood Hills HOA
  • Phone: 602-288-2618
  • Association: Yes

Schools

  • Elementary School: Anna Marie Jacobson Elementary School
  • High School: Hamilton High School
  • Middle Or Junior School: Bogle Junior High School

Lot Info

  • Lot Size: 350 X 201
  • Lot Size Sq Ft: 71347.0
  • Additional Parcels: No
  • Parcel #: 303-52-213
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1883.0
  • Tax Book Number: 303.00
  • Tax Lot: 32
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2020
Sold by
Lam Kenny D and Wang Janet J
Bought by
Lam Kenny D and Wang Janet J
Current Estimated Value
$5,087,751

Purchase Details

Listed on
Apr 16, 2019
Closed on
May 14, 2019
Sold by
Oakwood Hills Llc
Bought by
Lam Kenny D and Wang Janet J
Seller's Agent
David Khalaj
Pro Sports Realty
Buyer's Agent
Heather Taylor
ProSmart Realty
List Price
$1,299,000
Sold Price
$1,220,000
Premium/Discount to List
-$79,000
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.74%
Original Mortgage
$320,000
Outstanding Balance
$290,635
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,797,116

Purchase Details

Closed on
Jan 18, 2017
Sold by
Nadjafi Hamid and Nadjafi Kelli
Bought by
Oakwood Hills Llc
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
Lam Kenny D -- Accommodation
Lam Kenny D $1,220,000 First Arizona Title Agency
Oakwood Hills Llc $1,550,000 Magnus Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Kenny D $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $1,220,000 -6.1% --
04/11/2019 04/11/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $1,299,000 -- --
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 $10,423 $87,673 $87,673 --
2024 $9,763 $83,498 $83,498 --
2023 $9,763 $220,935 $220,935 $0
2022 $9,289 $148,245 $148,245 $0
2021 $9,381 $146,775 $146,775 $0
2020 $9,261 $154,665 $154,665 $0
2019 $8,913 $107,250 $107,250 $0
2018 $1,883 $18,360 $18,360 $0
2017 $1,761 $16,490 $16,490 $0
2016 $1,697 $18,850 $18,850 $0
2015 $1,637 $16,020 $16,020 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5912304

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-52-213

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