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2061 West Ocotillo Road

2061 West Ocotillo Road, Phoenix, AZ 85015
Property in Alhambra
Sold Apr 29, 2022
$660,000
$986,400 by Kiavi Funding Inc
Mortgage Due Aug 01, 2052
Sold Apr 16, 2020
$350,000
$343,660 by Nova Financial & Investment Co
Mortgage Due May 01, 2050
2061 West Ocotillo Road in Phoenix, AZ was first built in 1964 and is 60 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. 2061 West Ocotillo Road has 2,910 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,340 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt and ply sheets in a built-up roof style. Water for the property is sourced from a water system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a carport. The garage is 770 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with tilt-up (pre-cast concrete) control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of concrete block. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Apr 25, 2022 for $660,000. That's $226.80 per sqft. Prior to that sales transaction, the property was also sold in Apr 13, 2020 for $350,000. 2061 West Ocotillo Road was last assessed in 2023. The total value of the property was assessed at $44,160. Specifically, the land the property is located on was valued at $8,830. While improvements on the property were assessed at a total of $35,330. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,367. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Tilt-up (pre-cast concrete)
  • Building Style: Duplex
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 3
  • Business/Commerical Units Count: 3
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 770
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,340
  • Total Building Area: 2,910
  • Gross Building Area: 2,910
  • Building Area: 2,910
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,910
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: W J LAWRENCE PLAT 2
  • Land Acres: 0.237
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: W J LAWRENCE PLAT 2 MCR 34/17

Ownership

  • Current Owner : ARCHES PROPERTIES LLC
  • Previous Owner : PENA CAROLINA ALVAREZ
  • Owner Before Previous Owner: MORANDO JOSEPH
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washington Elementary District
  • Census Tract: 106802

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 3417
  • Parcel: 156-16-117
  • Lot: 85
  • Meridian: SEC 12 TWN 2N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.5351
  • Longitude: -112.104

    Address

  • Full Address: 2061 W Ocotillo Rd
  • Address - House Number: 2061
  • Street Direction: W
  • Address - Street Name: Ocotillo
  • Address - Suffix Type: Rd
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C058
  • 4-Digit Zip Code: 1130
  • Zip Code: 85015

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,367
  • Tax Rate Code Area: 061300

    Appraisal Valuation

  • Standard Deviation: 0.144
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 694,805
  • High Value: 794,878
  • Low Value: 594,731

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $986,400
  • First Open Lien Mortgage Lender: KIAVI FUNDING INC
  • First Open Lien Mortgage Recording Date: Jul 22, 2022
  • First Open Lien Mortgage Loan Amount: $986,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $441,600
  • Market Land Value: $88,300
  • Market Improvement Value: $353,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,160
  • Assessed Land Value: $8,830
  • Assessed Improvements Value: $35,330

    Sales

  • Current Sale Contract Date: Apr 25, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Transaction ID: 11886408170
  • Current Sale Price: $660,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 376122
  • Previous Sale Recording Date: Apr 16, 2020
  • Previous Sale Contract Date: Apr 13, 2020
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • Previous Mortgage Transaction Date: Apr 16, 2020
  • Previous Mortgage Loan Amount: $343,660
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2050

About Alhambra



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Frequently Asked Questions

What neighborhood is 2061 West Ocotillo Road located in?
The 2061 West Ocotillo Road is a located in the neighborhood of Alhambra in Alhambra, Phoenix.
What is the average sales price for listings in 2061 West Ocotillo Road?
The average sales price for units in 2061 West Ocotillo Road is $0 currently.

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