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527 East Ocotillo Road

527 East Ocotillo Road, Phoenix, AZ 85012
Property in Miltons Groves
1 Units For Sale
Unit for sale at 527 E OCOTILLO Road, Phoenix, AZ 85012

$3,250,000 ↓ $100K

  • Loft
  • 5 Baths
  • 4,508 ft²
527 E OCOTILLO Road, Phoenix, AZ 85012 Listing by Brittany Celaya

527 East Ocotillo Road has been categorized by the local assessors in Phoenix, AZ as a vacant type of property. The building on the property was first built in 1951 and is 73 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 527 East Ocotillo Road has 1,779 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 18,243 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of block. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 527 East Ocotillo Road sold most recently in Feb 16, 2024 for a total of $3,250,000. If you work out the math, that's approximately a cost of $1,826.87 per sqft. Before that, the property was also sold for $3,250,000 in Feb 16, 2024. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $5,073 in taxes each year. 527 East Ocotillo Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $81,000. If we break it down further, the land itself was valued at $81,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Condition

New Construction

Exterior

Exterior Insulation Finishing System
Stone Exterior
Stucco Exterior
Wood Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 18,243
  • Total Building Area: 1,779
  • Gross Building Area: 1,779
  • Building Area: 1,779
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,779
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: MILTONS GROVES LOTS 11-52
  • Land Acres: 0.419
  • Standard Land Use Code: Residential-vacant land
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: MILTONS GROVES LOTS 11-52 MCR 41/11

Ownership

  • Current Owner : NARANJO JERRY
  • Previous Owner : CANAL HOMES LLC
  • Owner Before Previous Owner: SMITH FAMILY TRUST
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 106600

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 4111
  • Parcel: 161-19-023
  • Lot: 14
  • Meridian: SEC 8 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.5342
  • Longitude: -112.066

    Address

  • Full Address: 527 E Ocotillo Rd
  • Address - House Number: 527
  • Street Direction: E
  • Address - Street Name: Ocotillo
  • Address - Suffix Type: Rd
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C068
  • 4-Digit Zip Code: 1044
  • Zip Code: 85012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,073
  • Tax Rate Code Area: 381300

    Market Valuation

  • Market Total Value: $540,000
  • Market Land Value: $540,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,000
  • Assessed Land Value: $81,000

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Feb 16, 2024
  • Current Sale Transaction ID: 11921116874
  • Current Sale Price: $3,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 81399
  • Previous Sale Recording Date: Feb 16, 2024
  • Previous Sale Contract Date: Feb 16, 2024
  • Previous Sale Amount: $3,250,000
  • Previous Sale Document Type: Warranty Deed

About Alhambra



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Frequently Asked Questions

What neighborhood is 527 East Ocotillo Road located in?
The 527 East Ocotillo Road is a located in the neighborhood of Miltons Groves in Alhambra, Phoenix.
How many listings are currently for sale in 527 East Ocotillo Road?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 527 East Ocotillo Road?
The average sales price for units in 527 East Ocotillo Road is $3,250,000 , or $721/sqft. currently.

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