NOT LISTED FOR SALE

1157 E Melody Ct Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $1,591,000 - $1,839,000

5 Beds
4 Baths
4,937 Sq Ft
$340/Sq Ft Est. Value

Last Sold May 09, 2016

Last sale price $720,000 $146 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $9,440/month

12 Days on Market

Highlights

  • Horses Allowed On Property
  • Play Pool
  • 1.07 Acre Lot
  • Val Vista Lakes Elementary School Rated A-
  • Gated Community
  • Two Primary Bathrooms

About This Home

As of May 2016

Bank Has Already Approved Short Sale! LOOKING FOR BACK UP OFFER TO CONTINGENT OFFER. Almost 5,000 sq. ft. Of luxury in Gated Tierra Ranchos, in the Melody Court cul-de-sac...Stunning 5 BR, 4 BA, 2 Master Suites, Approx. 900 sq ft Guest Quarters, Den-Study, Gourmet Open Kitchen Completely Upgraded With Granite and SS Appliances, Gas Cooking Opens To Huge Great Room With Fireplace. Plantation Shutters! Upstairs Huge Master Suite With Fireplace and a Private Walkout Screened Porch And Outside Deck...Double Sinks, Sunken Tub and Separate Shower and Private Commode. All BR's Have Walk-In Closets. Over One Acre of Land With Pool And Spa. Large Back Patio With Gas Grill. Recent Upgrades And Cosmetics Make This a Move-In Ready Opportunity. LOOKING FOR BACK UP OFFER TO ACCEPTED CONTINGENT OFFER

Last Agent to Sell the Property

Tom 'BIG T' Ross

Coldwell Banker Realty License #SA642903000 Listed on: 11/18/2015

Coldwell Banker Realty

Last Buyer's Agent

Sharon Schmieder

Key Select Real Estate License #BR650799000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,675

Year Built

  • Built in 2004

Lot Details

  • 1.07 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $144 Monthly HOA Fees

Parking

  • 3.5 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,937 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • 2 Fireplaces

Kitchen

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

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Play Pool
  • Spa
  • Fence Around Pool
  • Diving Board

Outdoor Features

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

Schools

  • Houston Elementary School
  • Gilbert Junior High School
  • Highland Elementary School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 / 3003
  • Assessor Parcel Number 309-27-003

Community Details

Overview

  • Association fees include no fees
  • Kacina Management Association, Phone Number (623) 572-7579
  • Built by Custom
  • Tierra Ranchos 2 Subdivision, Custom Floorplan

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,675

Year Built

Built in 2004

Lot Details

0

HOA Fees

$144 per month

Parking

3

Listing Details

  • Cross Street: E Baseline Rd and Gilbert Rd
  • 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: 144.0
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2003
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2007
  • Legal Info Plat: 4
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.5
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Spa Private: Yes
  • Tax Year: 2014
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 1.07
  • Subdivision Name: TIERRA RANCHOS 2
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 145.84
  • Association Fees:HOA Fee2: 432.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Basement YN: No
  • Spa Features: Private
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Wet Bar, Kitchen Island, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 4937.0
  • Stories: 2
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Patio, Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: Play Pool, Diving Pool, Fenced, Private
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Stone, Block, Slump Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.5
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.5
  • Open Parking Spaces: 4.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Amenities: None
  • Association Fee: 432.0
  • Association Fee Frequency: Quarterly
  • Association Name: Kacina Management
  • Phone: 623-572-7579
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 360.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Kacina Management
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Houston Elementary School
  • High School: Highland Elementary School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Gilbert Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 46807.0
  • Parcel #: 309-27-003
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 5675.0
  • Tax Block: 3003
  • Tax Book Number: 309.00
  • Tax Lot: 3
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2025
Sold by
King Edward J and King Suzanne C
Bought by
Edward J King And Suzanne C King Revocable Tr and King
Current Estimated Value
$1,678,909

Purchase Details

Listed on
Nov 18, 2015
Closed on
Apr 26, 2016
Sold by
Palmisano Joseph Patrick and Palmisano Amy Krista
Bought by
King Edward J and King Suzanne C
Seller's Agent
Tom 'BIG T' Ross
Coldwell Banker Realty
Buyer's Agent
Sharon Schmieder
Key Select Real Estate
List Price
$735,000
Sold Price
$720,000
Premium/Discount to List
-$15,000
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$330,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2004
Sold by
Forte Homes Construction Llc
Bought by
Palmisano Johseph Patrick and Palmisano Amy Krista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
5.86%
Mortgage Type
New Conventional
Source: Public Records
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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
Edward J King And Suzanne C King Revocable Tr -- None Listed On Document
King Edward J $720,000 Magnus Title Agency Llc
Palmisano Johseph Patrick $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Edward J $330,000
Previous Owner Palmisano Johseph Patrick $182,500
Closed Palmisano Johseph Patrick $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2016 05/09/16 Sold $720,000 -2.0% $146 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
11/18/2015 11/18/15 For Sale $735,000 -- $149 / 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 $7,234 $86,280 -- --
2024 $6,984 $82,171 -- --
2023 $6,984 $109,000 $21,800 $87,200
2022 $6,776 $83,410 $16,680 $66,730
2021 $7,029 $82,550 $16,510 $66,040
2020 $6,916 $78,460 $15,690 $62,770
2019 $6,382 $71,260 $14,250 $57,010
2018 $6,190 $68,830 $13,760 $55,070
2017 $5,968 $67,430 $13,480 $53,950
2016 $6,134 $67,700 $13,540 $54,160
2015 $5,540 $68,170 $13,630 $54,540
Source: Public Records

Agents Affiliated with this Home

  • Tom 'BIG T' Ross

    Seller's Agent in 2016

    Tom 'BIG T' Ross

    Coldwell Banker Realty

    (602) 368-1904

    68 Total Sales

    Tom 'BIG T' Ross
    Section Image
  • Sharon Schmieder

    Buyer's Agent in 2016

    Sharon Schmieder

    Key Select Real Estate

    (602) 980-9480

    27 Total Sales

    Sharon Schmieder
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5364154

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-27-003

Arizona Maricopa County Gilbert 85234 Val Vista

1157 E Melody Ct, Gilbert, AZ

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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