NOT LISTED FOR SALE

Estimated Value: $498,000 - $551,000

5 Beds
3 Baths
2,536 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $256,500 $101 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,987/month

57 Days on Market

Highlights

  • Eat-In Kitchen
  • Double Pane Windows
  • Community Playground
  • Spectrum Elementary School Rated A
  • Dual Vanity Sinks in Primary Bathroom
  • Tile Flooring

About This Home

As of May 2016

Near $10k Price Reduced! Priced below market COMPs for fast sale. You rarely see houses below $100/sqft in this area, but this is the ONE. Cozy beautiful home located in highly desired Spectrum at Val Vista. Home features 9' ceilings on both levels, low-E windows, 5BRs and 3 full BAs and new paint. One bedroom downstairs is great for guest or office. It has lots of natural lighting, loft area, and dual sinks in master, very large master bedroom and walk in closet, covered patio, easy care landscape. Very close to elementary school,community park, shopping and freeway 202 access. Rent is $1500-$1700 in this area!

Last Agent to Sell the Property

Liling Yan

My Home Group Real Estate License #SA644462000 Listed on: 02/05/2016

Last Buyer's Agent

Rocke Vacanti

Realty ONE Group License #SA564513000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,827

Year Built

  • Built in 2004

Lot Details

  • 3,825 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $86 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Unassigned Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,536 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Spectrum Elementary School
  • South Valley Jr. High Middle School
  • Highland High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 304-45-433

Community Details

Overview

  • Association fees include ground maintenance
  • Spectrum Community Association, Phone Number (866) 244-2262
  • Built by Ashton Wood
  • Spectrum At Val Vista Parcel 20 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,827

Year Built

Built in 2004

Lot Details

0

HOA Fees

$86 per month

Parking

2

Listing Details

  • Cross Street: VAL VISTA & PECOS
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 86.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: SPECTRUM AT VAL VISTA PARCEL 20
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 101.14
  • Association Fees:HOA Fee2: 86.0
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2536.0
  • Stories: 2
  • Window Features: Dual Pane, Low-E
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Unassigned
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Unassigned Parking: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Amenities: Rental OK (See Rmks)
  • Association Fee: 86.0
  • Association Fee Frequency: Monthly
  • Association Name: Spectrum Community
  • Phone: 866-244-2262
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 1.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Spectrum Community
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Spectrum Elementary
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3825.0
  • Parcel #: 304-45-433
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Ashton Wood

Tax Info

  • Tax Annual Amount: 1827.0
  • Tax Book Number: 304.00
  • Tax Lot: 8
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2022
Sold by
Melheim April N
Bought by
Melheim April N and Pierce Jeremy D
Current Estimated Value
$522,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Outstanding Balance
$91,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$428,806

Purchase Details

Listed on
Feb 5, 2016
Closed on
May 6, 2016
Sold by
Mao Patrick and Wang Carol Chunguang
Bought by
Melheim April
Seller's Agent
Liling Yan
My Home Group Real Estate
Buyer's Agent
Rocke Vacanti
Realty ONE Group
List Price
$263,000
Sold Price
$256,500
Premium/Discount to List
-$6,500
-2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$243,675
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2005
Sold by
Wang Chunguang
Bought by
Mao Jiahui and Wang Chunguang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,850
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 8, 2005
Sold by
Mao Jiahui
Bought by
Wang Chunguang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,850
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 14, 2004
Sold by
Ashton Woods Arizona Llc
Bought by
Zeng Jin and Sun Lin Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,032
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Melheim April N -- National Deed Network Inc
Melheim April $256,500 Security Title Agency Inc
Mao Jiahui -- --
Wang Chunguang -- First American Title Ins Co
Wang Chunguang $309,000 First American Title Ins Co
Zeng Jin $216,290 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melheim April N $98,000
Previous Owner Melheim April $243,675
Previous Owner Wang Chunguang $30,850
Previous Owner Wang Chunguang $243,000
Previous Owner Zeng Jin $173,032
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2016 05/12/16 Sold $256,500 +3.0% $101 / Sq Ft
03/23/2016 03/23/16 Price Changed $249,000 -3.5% $98 / Sq Ft
02/22/2016 02/22/16 Price Changed $258,000 -1.9% $102 / Sq Ft
02/05/2016 02/05/16 For Sale $263,000 -- $104 / 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 $1,939 $25,455 -- --
2024 $1,879 $24,243 -- --
2023 $1,879 $38,320 $7,660 $30,660
2022 $1,822 $28,880 $5,770 $23,110
2021 $1,921 $27,460 $5,490 $21,970
2020 $1,891 $25,360 $5,070 $20,290
2019 $1,740 $24,050 $4,810 $19,240
2018 $1,686 $23,770 $4,750 $19,020
2017 $1,627 $22,580 $4,510 $18,070
2016 $1,669 $22,070 $4,410 $17,660
2015 $1,828 $19,880 $3,970 $15,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5394628

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-45-433