A Look  Back at 2012 for Phoenix Real Estate

The year in review of 2012 for homeowners was an encouraging one to be sure. 2011 was essentially a flat line, and there has not been any appreciation in home prices since 2005. Therefore, the 12 – 29% increase experienced in nearly all Phoenix metropolitan cities in 2012 was the perfect present indeed! If you’re interested in why prices finally made a U-turn and the chances of a repeat performance, feel free to read on.

 Foreclosures, Lender-Owned, Short Sales and Distressed Property in Phoenix

At one time bank owned properties accounted for over 50% of the sales, and when you added in short sales, distressed sales (foreclosures+short sales) were over 75% of the sales in many areas. That trend has been reversed and it is easy to see why when  you look at the number of homes receiving a Notice of Trustee Sale which is the mechanism advising the homeowner that the home is in foreclosure.  The graph above shows the number of Notices by quarter by year for Maricopa county.  Currently we’re approaching levels that were experienced prior to the bubble. The bottom line is with fewer homes going into foreclosure, the fewer bank-owned homes going up for sale.  And because Arizona practices non-judicial foreclosure the shadow inventory is minimal.

The  effect of this decrease of homes going into foreclosure can be seen in the

 

 

 

composition of the sales for the last 10 years.  The above graph shows the sales by month and the type of sales for the greater Phoenix area; normal in dark  blue, short sales in light blue and foreclosure (REO) in brown.  From 2008 through early 2011, foreclosures(brown bars) were a significant portion and normal sales fell significantly.  We also see that normal sales(dark blue) have increased since 2012 as prices have risen.  Short sales have not reduced as quickly as the foreclosures but will as prices rise and economic conditions improve.

Home Value Increases in Phoenix

As I mentioned nearly all Phoenix areas have seen increases in the sales prices and $/square foot of homes sold.  To the left is  a graph for Gilbert showing the average price per square foot for the last three years.  At the beginning of the year the average price/sq.ft. for homes sold was $89.  At the end of 2012, it has risen to $106/sq.ft., a 19% increase.

For the city of Queen Creek, we notice that prices on a per square foot basis started at around $58 and ended at approx. $78/sq.ft. reflecting a 34% gain for 2012.   This was one of the areas that was hardest hit during the decrease in home prices.

Remember these are averages and will vary depending on the house condition, location, age, size, amenities, upgrades and other variables.

If you’re interested in knowing the value of your home, please click on the following link, What is my home worth?

Inventory – Balancing Supply and Demand

In 2009 – 2010 Gilbert listings ranged between 1,400 – 1,900, during 2012 they were in the 350 – 600 listing range and ended 2012 at approximately 540.  This pattern is similar in many other cities.

In the beginning of 2010, Chandler  listings were approximately 1,200.  At the end of 2012, they were 440. This reduction in inventory of available listings has been the driving force in appreciating home values.

The best way to evaluate both supply and demand is to look at the supply of inventory.  The graph to the  left shows the months supply of inventory for various Phoenix area cities.  When the inventory goes up, this indicates that more houses are available on the market compared to the available demand.  A six month supply of inventory is considered normal.  Therefore, the graph shows that there is still robust demand for available homes as they come on the market.    It is still common for a property to receive multiple offers if it is priced appropriately.

 What is in store in 2013 for Phoenix real estate?

The inventory graph also gives us an indication of what is in store for 2013.  As prices rise, fewer homes will be under water and more traditional sales will come on the market at prices than typical short sales and foreclosures.  Some buyers may decide not to buy as prices rise and the supply will seek a more  balanced level between supply and demand. Again 6 months inventory supply is considered normal.   As you can see, each city is at a different stage in returning to balanced supply and demand.  I believe prices will continue to rise in 2013, but not at the rate we’ve experienced in 2012.  My guesstimate is about half the appreciation rate that we’ve seen in 2013.

If you’re interested in receiving home listings as they come on the market, click on Receive Listings Automatically, or if you’re interested in the market value of your home, go to What is my home worth?

Related Posts:

Distressed sales for 2012 compared to 2011

Who really loses on a foreclosure – the bank? Thing again!

In search of happily ever after with a short sale

Helpful Searches:

Gilbert Home Search

Mesa Homes  for Sale

Queen Creek Home Search

$369,899 :: 3128 E FRANKLIN Avenue, Gilbert AZ, 85295

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5 beds, 3 baths
Home size: 3,062 sq ft
Lot Size: 4,791 sq ft
Added: 04/25/17, Last Updated: 06/24/17
Property Type: Single Family
MLS Number: 5595534
Community: Lyons Gate
Tract: Lyons Gate
The price of this listing was last reduced on 6/9/2017 by 0%
Status: Active


PERFECT LOCATION! This 2013 Built Energy Efficient Meritage Home w/ Very Functional Open-Concept Floor Plan has Full Bed/Bath Downstairs. This 5 BR/3 BTH has 100% OWNED SOLAR, in the Highly Sought After Area of Gilbert, AZ & Lyons Gate Community. Located Adjacent To a Large Community Park, Close to San Tan Mall, Downtown Gilbert & 202 Freeway. A Cosy Backyard w/ Hot Tub, Patio Pavers, & Built-in Fire Pit. Upgrades Everywhere! A Fully Upgraded Kitchen, Tall Cabinets, Granite Counters, Large Seated Kitchen Island, Built in wet bar, Large Loft,Wood Shutters,Stainless Appliances, Wood & Ceramic Tile, Soft Water, RO Water System,3 Car Tandem Garage with Smart Car Plug-In, To Name a Few. This Home Has Tons of Storage and Common Area. Many Community Parks, Rec Center,3 Community Pools

Listed with Revelation Real Estate


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$285,000 :: 1341 N JAMAICA Way, Gilbert AZ, 85234

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3 beds, 0 baths
Home size: 1,901 sq ft
Lot Size: 5,227 sq ft
Added: 06/24/17, Last Updated: 06/24/17
Property Type: Single Family
MLS Number: 5624377
Community: LANDING AT VAL VISTA LAKES LT
Tract: LANDING AT VAL VISTA LAKES LT
Status: Active


Prestigious Val Vista Lake home in great shape with upgraded kitchen and bathrooms which is hard to find. Making your way in this gorgeous home is a large open vaulted living room and dining room. Open kitchen overlooks a large family room with a fireplace and designer 18" neutral tile flooring and is great for entertaining. Kitchen shows lots of raised panel professionally painted cabinets, upgraded counted tops, all upgraded stainless steel appliances, refrigerator stays, upgraded faucet, designer lighting, pantry and office area. Upgraded 18" neutral tile flooring in entry, hall, kitchen, family room, laundry and all bathrooms. Large vaulted master bedroom and master bathroom has a spa like glass doors, tiled walls and flooring, upgraded double sinks, faucet and walk-in closet.

Listed with ProSmart Realty


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$310,000 :: 3990 E Los Altos Drive, Gilbert AZ, 85297

5 beds, 3 baths
Home size: 2,327 sq ft
Lot Size: 6,098 sq ft
Added: 06/24/17, Last Updated: 06/24/17
Property Type: Single Family
MLS Number: 5624388
Community: POWER RANCH NEIGHBORHOOD 10 PA
Tract: POWER RANCH NEIGHBORHOOD 10 PA
Status: Active


Welcome Home to Award Winning Power Ranch! Turn key home with soaring ceilings, neutral color palette, upgraded lighting, plush carpet, & beautiful tile in all the right places. Sweeping stairway to second level overlooking the living room. Light & bright eat-in kitchen features center island, breakfast bar, pantry, stylish counters, SS appliances, r/o, insta-hot water & upgraded cabinetry with crown molding. Bedroom with hardwood floor & full bath on first level. Sunny picture window showcases the backyard view from the great room. Enjoy the lush backyard with covered patio, mature orange & lemon trees, & garden area complete with large side yard & RV gate. Power Ranch has 26+ miles of trails, BB & VB courts, tot lots, 3 pools, splash pad, 2 lakes, 2 clubhouses & Trilogy golf course.

Listed with Call Realty, Inc.


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$299,997 :: 4207 E VAUGHN Avenue, Gilbert AZ, 85234

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3 beds, 2 baths
Home size: 1,861 sq ft
Lot Size: 6,534 sq ft
Added: 06/23/17, Last Updated: 06/24/17
Property Type: Single Family
MLS Number: 5624340
Community: HIGHLAND GROVES AT MORRISON RA
Tract: HIGHLAND GROVES AT MORRISON RA
Status: Active


Located in beautiful Highland Groves of Morrison Ranch. Right in the middle of an amazing Master Planned Community that prides itself with its amazing green belts and open spaces. This home is right next to a lush Green Belt and two short blocks to the Community Lakes, Playground and Bbq Area. this beautiful Ashton Woods home with upgrades throughout. 18' Tile flooring in Kitchen and Main Living Area and Beautiful Upgraded Stone Fireplace. Upgraded Kitchen Cabinets with Bubble Glass Panels. new carpet, Fresh paint, epoxy garage floor Energy Star Rated Stainless Steel Kitchen Appliances. Wood Faux Blinds throughout home. Formal Dining Room! This is a great home in a great neighborhood! A must see home and a great value!

Listed with Realty ONE Group


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$410,000 :: 1091 S ROLES Drive, Gilbert AZ, 85296

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4 beds, 0 baths
Home size: 3,891 sq ft
Lot Size: 8,712 sq ft
Added: 06/23/17, Last Updated: 06/24/17
Property Type: Single Family
MLS Number: 5624313
Community: RANCHO CORONA
Tract: RANCHO CORONA
Status: Active


Turn key home! Spectacular 4 bed, 2.5 bath property located in Gilbert! This fabulous home boasts exquisite curb appeal, grassy landscaping, 3 car garage, soaring ceilings, formal living & dining rooms, a loft and a den great for an office. The spacious kitchen is equipped with lovely appliances, ample cabinet & counter space, solid surface countertops, breakfast bar, walk-in pantry, and track lighting. The master suite features a full bath, double sink, separate tub & step-in shower, and a large walk-in closet. The backyard offers a covered patio, gravel landscaping with a grassy area for kids to play, and a sparkling blue pool perfect for entertaining. This fantastic house has it all and it won't last long. Schedule a showing before it's gone!

Listed with Realty ONE Group


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$279,000 :: 3674 S JOSHUA TREE Lane, Gilbert AZ, 85297

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4 beds, 2 baths
Home size: 1,656 sq ft
Lot Size: 6,098 sq ft
Added: 06/23/17, Last Updated: 06/24/17
Property Type: Single Family
MLS Number: 5624329
Community: SAN TAN RANCH PARCEL 13
Tract: SAN TAN RANCH PARCEL 13
Status: Active


Check out this beautiful 1,656 square foot 4 bed/2 bath home. Fourth bedroom can be bedroom or den. Tile flooring throughout family and living room, includes gorgeous 16-point in-laid star. Kitchen has tile counter tops and back splash. Pebble tech pool with fencing. Close to San Tan Mall, 202 San Tan Freeway, Higley High School, and Mesa-Gateway Airport.

Listed with Visionary Properties


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$230,000 :: 3522 S MOCCASIN Trail, Gilbert AZ, 85297

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3 beds, 2 baths
Home size: 1,204 sq ft
Lot Size: 6,098 sq ft
Added: 06/23/17, Last Updated: 06/24/17
Property Type: Single Family
MLS Number: 5624338
Community: SAN TAN RANCH PARCEL 2
Tract: SAN TAN RANCH PARCEL 2
Status: Active


Wonderful Great Room floor plan - New carpets in all Bedrooms! Spacious living area opens to dining and kitchen with tile counter tops and black appliances! Split Master has walk in closet, and bath. Secondary bedrooms and bath too! This home feels SO much larger than the square footage. Covered patio and lots of room in the backyard for a pool, play area, and more! Popular San Tan Ranch close by to San Tan Mall, freeway access, new EOS fitness gym.

Listed with Arizona Investment & Mgmt, LLC


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$975,000 :: 5837 S COLUMBUS Court, Gilbert AZ, 85298

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5 beds, 5 baths
Home size: 3,789 sq ft
Lot Size: 42,688 sq ft
Added: 06/23/17, Last Updated: 06/24/17
Property Type: Single Family
MLS Number: 5624322
Community: CIRCLE G AT SILVER CREEK AMD
Tract: CIRCLE G AT SILVER CREEK AMD
Status: Active


Gorgeous Circle G at Ocotillo Custom Estate located on PREMIUM CUL-DE-SAC Lot! Absolutely the most desireable lot in the neighborhood, the exterior of this home features enough space for a tennis and basketball court, and has a gated driveway with parking for 16 cars in addition to a four car garage!! The gracious circlular paver driveway with stone water feature welcomes upon arrival. The entry and all main living areas of the home boast marble floors with granite inlay. The chef's kitchen features gas cooktop, wall oven/microwave, island and peninsula, cherry cabinets with crown moulding and high end granite counter tops. The main house is a split floor plan with private master in it's own wing. A total of 4 bedrooms and 4 baths in the main house, in addition to a flex/teen room, formal

Listed with Revelation Real Estate


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$289,000 :: 4228 E DEL RIO Street, Gilbert AZ, 85295

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4 beds, 2 baths
Home size: 1,892 sq ft
Lot Size: 7,840 sq ft
Added: 06/23/17, Last Updated: 06/24/17
Property Type: Single Family
MLS Number: 5624291
Community: ASHLEY HEIGHTS
Tract: ASHLEY HEIGHTS
Status: Active


SELLING BELOW APPRAISED VALUE!! This beautiful Gilbert home screams pride of ownership inside and out! This home has an open floor plan and the layout everybody wants! Master bedroom is huge and has massive closet space. Separate tub and shower as well as two separate sinks makes this master suite perfect! The entire house has been freshly custom painted. The gourmet kitchen has plenty of cabinet space as well has plenty of storage!. The backyard is an entertainers dream! Covered patio, separate stained concrete sitting area, plenty of grass and beautiful sunsets make this the place you want to be !!! This home will not last long, come see it today!

Listed with RE/MAX Solutions


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$280,000 :: 4251 E ERIE Street, Gilbert AZ, 85295

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3 beds, 0 baths
Home size: 2,029 sq ft
Lot Size: 3,049 sq ft
Added: 05/17/17, Last Updated: 06/24/17
Property Type: Single Family
MLS Number: 5607013
Community: SOLANA TOWN CENTER
Tract: SOLANA TOWN CENTER
The price of this listing was last reduced on 6/16/2017 by 2%
Status: Active


Better than new with all the upgrades and features included! ''Solana'' offers a community pool and play park in a highly desired location near loop 202, shops, and restaurants. This pristine, like new home, features upgraded white cabinets, granite counters, stainless steel appliances. Open view into great room filled with natural light due to TWO side-by-side sliding glass doors! Hugely upgraded master walk-in shower.

Listed with Hub Realty


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$655,000 :: 1761 W LYNX Way, Chandler AZ, 85248

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4 beds, 3 baths
Home size: 3,329 sq ft
Lot Size: 12,632 sq ft
Added: 05/26/17, Last Updated: 06/22/17
Property Type: Single Family
MLS Number: 5611056
Community: OCOTILLO LAKES
Tract: OCOTILLO LAKES
The price of this listing was last reduced on 6/14/2017 by 0%
Status: Active


IT WON`T LAST AT THIS PRICE!! BREATHTAKING LAKE VIEWS from the moment you enter this Executive home in private GATED community. Amazing OPEN floor plan-4 Large Bedrooms+den/office & 3 Full Bathroom. Custom paint, Amazing Custom Fire place, custom window treatments throughout, corian countertops, built-in sub zero refrigerator/freezer, garden tub & shower-his and hers closets. N/S exposure on large waterfront lot, Pool w 2 waterfall-HUGE covered patio, large back yard for entertaining, citrus trees, an entertainer's dream home! Pristine water front property in great condition with interior 2 tone paint, Updated cabinets, appliances, including the 3 CG with epoxy flooring & Quality Pattern Carpets.

Listed with Realty ONE Group


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$375,000 :: 1393 W MEAD Drive, Chandler AZ, 85248

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4 beds, 0 baths
Home size: 2,165 sq ft
Lot Size: 6,969 sq ft
Added: 06/08/17, Last Updated: 06/19/17
Property Type: Single Family
MLS Number: 5617408
Community: OCOTILLO LAKES PARCEL H
Tract: OCOTILLO LAKES PARCEL H
The price of this listing was last reduced on 6/9/2017 by 1%
Status: Active


Super clean and move in ready home is waiting for you in one of the most popular neighborhood in Chandler, Ocotillo Lakes. Fresh new paint inside/outside. Corian Countertops, Tile, wood laminate, carpet flooring through out. Pebble Tec with saltwater pool with fountain. Epoxied garage floor with cabinets and speakers. Surround sound prewired. RO & soft water system. Ceiling fans through out house and security door. Plumb for gas dryer.

Listed with HomeSmart


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$589,900 :: 1724 W Blue Ridge Way, Chandler AZ, 85248

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3 beds, 0 baths
Home size: 2,952 sq ft
Lot Size: 15,245 sq ft
Added: 06/01/17, Last Updated: 06/16/17
Property Type: Single Family
MLS Number: 5614014
Community: OCOTILLO LAKES
Tract: OCOTILLO LAKES
Status: Active


This Exquisite Waterfront Home in the private gated community of Ocotillo Lakes is all one level with 10-12 ft ceilings and Move-In-Ready!!! Yard is over 15,000 sq ft with almost 200 ft of waterfront (views on two sides) plus an amazing private side yard with pond and waterfall. Split floor plan - Huge Master Bedroom with 2 walk-in closets and granite counter tops in master bath, 2 bedrooms with adjoining sitting/TV Room, Large Den, Living Room, & Dining Room. Kitchen has fantastic views of water with beautiful cherry cabinets, granite counter tops, instant hot water faucet, two-in-one oven & microwave, gas cook top, custom built-in cabinets & 2 drawer Fisher dishwasher. Enjoy gorgeous Arizona sunsets as you grill on the built-in Viking outdoor gas grill and entertain from one of 3 patios.

Listed with Revelation Real Estate


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$365,000 :: 4952 S MARIGOLD Way, Chandler AZ, 85248

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4 beds, 2 baths
Home size: 2,120 sq ft
Lot Size: 7,840 sq ft
Added: 06/16/17, Last Updated: 06/16/17
Property Type: Single Family
MLS Number: 5621093
Community: OCOTILLO LAKES
Tract: OCOTILLO LAKES
Status: Active


LOCATION!! Beautiful lakefront home in pristine Ocotillo Lakes! Open and bright single level floor plan is nestled on a quiet interior waterfront lot. The premium lot is a true gem! Original owners have dearly cared for this home. Home has stunning curb appeal Frontage features a well manicured front yard. The Resort style backyard has many features to mention. A beautiful pond system in place with mature landscaping, grassy area, ample palms and lush flowers for enjoyment. Private Boat dock is ready for pedal boating, kayaking, fishing, bird watching or just viewing the beautiful AZ sunrises and sunsets. Over sized covered patio! Paddle boat conveys with home! Water heater was replaced in 2014. New pond filters. Soaring vaulted ceilings throughout the home

Listed with Keller Williams Integrity First


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$499,000 :: 4642 S OLEANDER Drive, Chandler AZ, 85248

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4 beds, 2 baths
Home size: 2,445 sq ft
Lot Size: 10,890 sq ft
Added: 05/27/17, Last Updated: 06/14/17
Property Type: Single Family
MLS Number: 5611813
Community: OCOTILLO LAKES PARCEL D1
Tract: OCOTILLO LAKES PARCEL D1
The price of this listing was last reduced on 5/27/2017 by 1%
Status: Active


REMODELED 4/2 SPLIT FLOORPLAN GEM on CUL-DE-SAC BACKS TO GREENBELT/OPEN SPACE * OVERSIZED LOT IS NEARLY 11,000 SQ FT * KITCHEN INCL. CHERRY CABINETS, JENN-AIR DOUBLE CONVECTION OVENS, 5 BURNER GAS COOK TOP, BUILT IN WINE FRIDGE & MICROWAVE IN ISLAND, 3cm GRANITE ** BATHROOMS NEW GRANITE COUNTERS, VANITIES, FIXTURES, TILE ETC ** MASTER BDRM WALK-IN CLOSET W/ MAPLE BUILT-INS ** WOOD SHUTTERS/BLINDS*GAS FIREPLACE in FAMILY RM * SECURITY SYSTEM * CENTRAL VACUUM * SURROUND SOUND * TRAVERTINE & WOOD FLOORS * MARBLE FLOOR IN GREAT RM * VAULTED/10' CEILINGS. HEATED PEBBLE TEC DIVING POOL * 3 CG EXTENDED LENGTH GARAGE 26' W/ 8 FT DOOR & 10 FT CEILING W/BUILT-IN CABINETS/WORKBENCH * RV GATE* OCOTILLO LAKES OWNERS REC DISCOUNTS AT OCOTILLO GOLF RESORT*SCHOOLS INCL. CHANDLER TRADITIONAL ACADEMY

Listed with Frank Renner Realty


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$329,000 :: 1401 W BLUE RIDGE Court, Chandler AZ, 85248

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3 beds, 2 baths
Home size: 1,533 sq ft
Lot Size: 6,969 sq ft
Added: 06/11/17, Last Updated: 06/11/17
Property Type: Single Family
MLS Number: 5618656
Community: OCOTILLO LAKES PARCEL H
Tract: OCOTILLO LAKES PARCEL H
Status: Active


Gorgeous waterfront home in Ocotillo Lakes with great views on a cul-de-sac lot. Large master suite with lake view, dual sink vanity, separate soaking tub + shower, large walk-in closet. Backyard features lush landscaping, private covered patio with firepit with direct access to the lake. Home is move-in ready, freshly painted inside and outside and includes washer/dryer, and newer refrigerator.

Listed with DPR Realty LLC


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$499,000 :: 1551 W MEAD Court, Chandler AZ, 85248

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5 beds, 0 baths
Home size: 3,033 sq ft
Lot Size: 9,147 sq ft
Added: 03/22/17, Last Updated: 06/10/17
Property Type: Single Family
MLS Number: 5578959
Community: OCOTILLO LAKES PARCEL D1
Tract: OCOTILLO LAKES PARCEL D1
The price of this listing was last reduced on 3/22/2017 by 5%
Status: Active


Welcome to Ocotillo Golf Community. If you're looking for the perfect golf get away/man cave, this fits the bill. Surrounded by serene waters this spacious waterfront home is for a growing family or a vacation home for seasonal golf visitors. Boasting a gorgeous pool and built in BBQ, custom fireplace and pool, you'll feel right at home.

Listed with North & Co


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


$454,900 :: 1956 W BLUE RIDGE Court, Chandler AZ, 85248

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3 beds, 3 baths
Home size: 2,929 sq ft
Lot Size: 10,454 sq ft
Added: 03/27/17, Last Updated: 05/27/17
Property Type: Single Family
MLS Number: 5581415
Community: ENCLAVE AT OCOTILLO LAKES
Tract: ENCLAVE AT OCOTILLO LAKES
The price of this listing was last reduced on 5/27/2017 by 1%
Status: Active


Exquisite and meticulously maintained home in perfect culdesac location in one of Ocotillo's fine gated communities. Welcome to the Enclave and it's tree lined streets, lake views, and green grassy park areas. This split 3BR + den 3 bath home features upscale entry, formal living and dining rooms, large family room off the kitchen, breakfast bar, island, gorgeous 42 inch maple cabinets. Master suite is luxurious and features dual sinks, Roman tub, his/hers walk in closets. Enjoy outdoor living with expanded patio, built in BBQ, fire pit, and cool grassy yard. Extras include surround sound system in fam room, master and patio, recently installed water heater, water softener, scrub tub in laundry, tile inset at entry. Did I mention the plantation shutters throughout the home!? Very nice!

Listed with United Brokers Group


Brought to you by Gordon Baker, Remax Alliance Group. Call me today at 480-326-8571, or visit my website at www.myhomeinaz.com/!


 

More Chandler and Gilbert  waterfront properties are available at Gilbert-Chandler Waterfront Homes