NOT LISTED FOR SALE

Estimated Value: $1,357,263 - $1,445,000

5 Beds
3 Baths
4,124 Sq Ft
$339/Sq Ft Est. Value

Last Sold September 29, 2015

Last sale price $698,000 $169 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $8,040/month

154 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • 0.3 Acre Lot
  • Val Vista Lakes Elementary School Rated A-
  • Waterfront
  • 1-minute walk to Lakeside Park

About This Home

As of September 2015

You just HAVE to see it! The Lakefront Views are SPECTACULAR! Custom Lakefront Home, Gated Neighborhood, Private Street, Good Schools, Multi-Million Dollar Clubhouse...what more do you need? Inside looks like a model home...very clean & meticulously maintained & if you Prefer to be Outdoors~well, the Backyard is a dream: Flagstone Deck, Blt in BBQ, Raised Firepit Deck, Covered Patio w/Ceiling Fans, Dock, Rock Waterfall, Bar Seating, & Breathtaking Views! ''MAN CAVE''/Billard Room has Full Wet bar w/ sink, fridge, room for a shuffle board table, pool table, & foos-ball table, surround sound, private exit to the backyard. WAIT MEN...there's MORE! The typical 2 Car Garage is 360 sq ft. This Garage is 1200 sq ft.! This is your Opportunity 2 own 1/3 acre of Lakefront in the heart of Gilbert. DOWNTOWN GILBERT: This home is just a little over 3 miles from the NEW, UP & COMING area of downtown Gilbert. Highly rated restaurants such as Pomo Pizzeria, Oreganos, Joe's BBQ, Peterson's Ice Cream, Barrio Queen, Lolos Chicken and Waffles, Zinburger, Liberty Market, Dierks Bently's Whiskey Row, Euro Cafe, Joy Ride, Postinos, Snooze and Much Much More. There is also Hale Theatre~Arizona's Premier Family Theatre since 2003.

More Home Details:
Dramatic formal dining w/multiple arched entries,Chef's Kitchen w/Double ovens, SubZero Fridge, Granite Counters, Maple Cabinetry, Walk-in & Wall Pantry, Under cabinet lighting, travertine backsplash, Family Room w/ 10' ceilings, blt-in Media/Entertainment Ctr,gas fireplace.
Wood Shutters throughout, Full Bath on Main floor (not your typical powder room), TONS of storage (including under the stairs), French Doors exiting to backyard and patio (ideal for entertaining), Surround sound There is also a large grassy side yard (With architectural plans and a bid to build a custom pool surrounded by artificial turf/putting green). Separate Office & Billard/Game Room both have hand scraped flooring. wired throughout the home, Laundry room has a granite counters, substantial cabinetry, allowing for fantastic storage and organization and built in sink. The garage boasts 18x8 Garage doors, epoxy floors, attic storage, Water plumbed to garage fridge, sink, and built in cabinetry.

The Master Suite entrance through double doors w/ gas fireplace and private exit to covered balcony overlooking lake and backyard w/ spiral staircase down to backyard. Exercise Room/Office is attached to the master. Master Bath has His & Her's separate sinks & vanity, Walk in Shower w/ dual shower head, spa/jacuzzi tub, Walk in Closet AND a separate "Groom's Closet" (for him) or "Accessory Closet". Imagine.....watching the sunset from your private master balcony every evening!

TWO of the other bedrooms have walk-in closets and their own bathroom. (Jack & Jill). It's like having 3 Master Bedrooms!!!

The Storage in this home is unreal: Under the stairs storage, linen storage, storage in the garage, 3 walk in closets & Window seat storage, built in entertainment centers, drawer storage in master closet, 2 upstairs hallway storage areas.
2 upstairs Laundry Chutes, Central Vac, Intercom, 2 Gas Fireplaces inside and Gas Fire-pit outside, outside and in garage with individual volume controls, 3 Separate Exits to Backyard, Side entrance/exit to garage, Side yard/gate large enough to have an RV Gate installed, Extra wide hallways and staircase & Newer gas water heater.

!!! Quality Builder + Quality Materials = Quality Home !!!
This home is SO well cared for/maintained all you need to bring is your toothbrush!

Below is a mere sampling of improvements.This home has been meticulously cared for!

Upgrades/Improvements (Just in the past 6 months alone)
New brushed nickel faucets, shower valves, tub valves in all bathrooms.
New brushed nickel bath accessories in all bathrooms.
New brushed nickel bathroom lighting
New bronze entry and dining room chandeliers
New ceiling fans in all rooms
New pendant and breakfast nook lighting
Over $25,000 in recent upgrades

Wondering how the price compares to other lakefront homes that have sold in Val Vista Lakes?
*1132 N Peppertree Dr: $175.80 psft ~ Custom Home, Gated Community, 4 Car Garage, 1/3 Acre Lot, Located on the BIG LAKE
1. 1520 E Treasure Cove Sold for $210.39 psf, 3 Car Garage, Located on the
Small Lake
2. 1407 E Coral Cove Dr: Sold for $213.76 psf almost 2 years ago (Located on
the Small Lake)
3. 1831 E Monarch Bay sold for $192.69 psf (a year ago). Trac Home, Not in a
Gated Community, 3 Car Garage, 11,000 sq ft lot

As you can clearly see, your future home on Peppertree is priced at an AMAZING value!!

*VVL has 3 Community Pools: 1 Heated Olympic Lap Pool, 1 Sandy Lagoon Pool and 1 Gated Pool in the Harbor. However, if you wanted to build your own Private Pool, Presidential Pools is currently offering a FREE saltwater system, Free upgrade to variable speed pump with in-floor cleaner purchase, And 2 LED color changing lights included with every pool.

*5th Bedroom is currently being used as a "Man Cave"/Game Room, but could easily be converted back into a bedroom.

*Want different cabinetry? Prefer different flooring? Prefer a home with a Pool? The Seller is willing to discuss options to make this home your own.

Last Agent to Sell the Property

Michelle Lohman

Realty ONE Group License #BR504617000 Listed on: 03/26/2015

Last Buyer's Agent

Michelle Lohman

Realty ONE Group License #BR504617000 Listed on: 03/26/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,874

Year Built

  • Built in 1997

Lot Details

  • 0.3 Acre Lot
  • Waterfront
  • Private Streets
  • Wood Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

HOA Fees

Parking

  • 4.5 Car Direct Access Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,124 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • 2 Fireplaces
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Intercom

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue

Location

  • Property is near a bus stop

Schools

  • Val Vista Lakes Elementary School
  • Highland Jr High Middle School
  • Highland High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 304-98-276

Community Details

Overview

  • Association fees include ground maintenance, (see remarks), street maintenance
  • Val Vista Lakes Association, Phone Number (480) 926-9693
  • Brown Management Association, Phone Number (480) 339-8820
  • Association Phone (480) 339-8820
  • Built by Forte
  • Lakeside At Val Vista Lakes Subdivision, Lakefront Custom Floorplan
  • Community Lake

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Racquetball
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,874

Year Built

Built in 1997

Lot Details

0

HOA Fees

$145 per month

Parking

4

Listing Details

  • Cross Street: Val Vista and Baseline
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Brown Management
  • HOA #2 Phone Number: 480-339-8820
  • HOA #2 Transfer Fee: 250.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Recreation Center Paid Frequency: Monthly
  • Total Monthly Fee Equivalent: 145.2
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 5.0
  • Parking Spaces Total Covered Spaces: 4.5
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1997
  • Tax Year: 2014
  • Directions: S. on Val Vista to Lakeside Dr. E. on Lakeside Dr. R. (South) on Cypress Tree, L (East) on Cypress Tree (Turns into Peppertree). If you use Google/navigation, it may take you to the wrong address.
  • Master Model: LAKEFRONT CUSTOM
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.3
  • Subdivision Name: LAKESIDE AT VAL VISTA LAKES
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 87.2
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop, Water Purifier
  • Other Equipment: Intercom
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, 2 Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Central Vacuum, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4124.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: 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
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Balcony, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.5
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 4.5
  • Open Parking Spaces: 5.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Bus Stop, Community Media Room, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association #2 Fee: 58.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 87.2
  • Association Fee Frequency: Monthly
  • Association: Brown Management
  • Association Name: Val Vista Lakes
  • Association Phone #2: 480-339-8820
  • Phone: 480-926-9693
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Val Vista Lakes
  • Association Fees:HOA Telephone4: 4809269693
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other (See Remarks), Street Maint

Schools

  • Elementary School: Val Vista Lakes Elementary School
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13038.0
  • Parcel #: 304-98-276

Building Info

  • Builder Name: Forte

Tax Info

  • Tax Annual Amount: 4874.0
  • Tax Book Number: 304.00
  • Tax Lot: 39
  • Tax Map Number: 98.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2022
Sold by
Schroeder Dean A and Schroeder Carol A
Bought by
Reina Alan Trust
Current Estimated Value
$1,398,816

Purchase Details

Listed on
Mar 26, 2015
Closed on
Sep 4, 2015
Sold by
Saylor Bob and Saylor Leslie K
Bought by
Schroeder Dean A and Schroeder Carol A
Seller's Agent
Michelle Lohman
Realty ONE Group
Buyer's Agent
Michelle Lohman
Realty ONE Group
List Price
$799,999
Sold Price
$698,000
Premium/Discount to List
-$101,999
-12.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$399,430
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2006
Sold by
Saylor Bob and Saylor Leslie K
Bought by
Saylor Bob and Saylor Leslie K

Purchase Details

Closed on
Oct 8, 1998
Sold by
Saylor Bob and Saylor Leslie K
Bought by
Saylor Bob and Saylor Leslie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.71%

Purchase Details

Closed on
Dec 13, 1996
Sold by
Sherman Charles J and Sherman Debra C
Bought by
Saylor Bob and Slocum Leslie H

Purchase Details

Closed on
May 10, 1994
Sold by
Public Pension Fund Ii
Bought by
Sherman Charles J and Sherman Debra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Sold Price
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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
Reina Alan Trust -- None Listed On Document
Schroeder Dean A $698,000 Stewart Title & Tr Phoenix I
Saylor Bob -- None Available
Saylor Bob -- None Available
Rosales Carol -- None Available
Saylor Bob -- Transnation Title Ins Co
Saylor Bob $100,000 Security Title
Sherman Charles J $83,420 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schroeder Dean A $399,430
Previous Owner Saylor Bob $200,000
Previous Owner Sherman Charles J $68,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2015 09/29/15 Sold $698,000 -0.1% $169 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
08/07/2015 08/07/15 Price Changed $699,000 -3.6% $169 / Sq Ft
07/30/2015 07/30/15 Price Changed $725,000 -1.4% $176 / Sq Ft
07/23/2015 07/23/15 Price Changed $735,000 -0.3% $178 / Sq Ft
07/20/2015 07/20/15 Price Changed $737,500 -0.3% $179 / Sq Ft
07/15/2015 07/15/15 Price Changed $740,000 -0.3% $179 / Sq Ft
07/09/2015 07/09/15 Price Changed $742,500 -0.7% $180 / Sq Ft
07/01/2015 07/01/15 Price Changed $747,500 -0.3% $181 / Sq Ft
06/04/2015 06/04/15 Price Changed $750,000 -3.2% $182 / Sq Ft
05/28/2015 05/28/15 Price Changed $775,000 +0.7% $188 / Sq Ft
05/07/2015 05/07/15 Price Changed $769,900 -3.8% $187 / Sq Ft
03/26/2015 03/26/15 For Sale $799,999 -- $194 / 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 $6,097 $76,589 -- --
2024 $6,132 $72,942 -- --
2023 $6,132 $93,320 $18,660 $74,660
2022 $5,947 $71,110 $14,220 $56,890
2021 $6,172 $67,720 $13,540 $54,180
2020 $6,072 $67,520 $13,500 $54,020
2019 $5,598 $59,660 $11,930 $47,730
2018 $5,427 $58,050 $11,610 $46,440
2017 $5,230 $58,330 $11,660 $46,670
2016 $5,377 $56,780 $11,350 $45,430
2015 $4,851 $56,300 $11,260 $45,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5255795

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-98-276