NOT LISTED FOR SALE

1406 N Palmsprings Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $640,647 - $690,000

3 Beds
2.5 Baths
1,943 Sq Ft
$344/Sq Ft Est. Value

Last Sold January 26, 2012

Last sale price $205,000 $106 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $4,051/month

12 Days on Market

Highlights

  • Waterfront
  • Clubhouse
  • Community Pool
  • Val Vista Lakes Elementary School Rated A-
  • 1 Fireplace
  • Covered patio or porch

About This Home

As of January 2012

Look no further! This lake-front home is located in the highly sought after master planned community of Val Vista Lakes! Community amenities are second to none! Property is located minutes from shopping, dining and freeway access! Vaulted ceilings, tile and carpet throughout, lots of windows allowing natural light and views of the water! Cozy fireplace in family room, loft, master features separate shower and tub, and extended covered patio for outdoor entertaining! Buyer to verify facts and figures

Last Listed By

Brent Conley

eXp Realty License #BR537847000 Listed on: 11/25/2011

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,057

Year Built

  • Built in 1990

Lot Details

  • 6,473 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,943 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

  • Gilbert High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 304-98-895

Community Details

Overview

  • Association fees include ground maintenance
  • Val Vista Lakes HOA, Phone Number (480) 926-9694
  • Built by Ryland Group
  • Landing 2 At Val Vista Lakes Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,057

Year Built

Built in 1990

Lot Details

0

HOA Fees

$87 per month

Parking

2

Listing Details

  • Cross Street: Greenfield Road and Baseline Road
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Total Monthly Fee Equivalent: 87.2
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1990
  • Tax Year: 2011
  • Directions: S. on Greenfield Road, W. on Shoreline, N. on Palmsprings to property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: solu01
  • Co List Office Phone: 480-838-9613
  • Subdivision Name: Landing 2 at Val Vista Lakes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 87.2
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1943.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Community Spa: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Storage
  • Lot Features: Waterfront Lot, Cul-De-Sac, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Clubhouse
  • Amenities: Management
  • Association Fee: 87.2
  • Association Fee Frequency: Monthly
  • Association Name: Val Vista Lakes HOA
  • Phone: 480-926-9694
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Val Vista Lakes HOA
  • Association Fees:HOA Telephone4: 480-926-9694
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District

Lot Info

  • Lot Size Sq Ft: 6473.0
  • Parcel #: 304-98-895
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Ryland Group

Tax Info

  • Tax Annual Amount: 2056.9
  • Tax Book Number: 304.00
  • Tax Lot: 19
  • Tax Map Number: 98.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2011
Closed on
Jan 6, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Grant Gordon
Seller's Agent
Brent Conley
eXp Realty
Buyer's Agent
Vincent Fumusa
HomeSmart
List Price
$230,000
Sold Price
$205,000
Premium/Discount to List
-$25,000
-10.87%
Total Days on Market
12
Current Estimated Value
$668,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,662
Avg. Annual Appreciation
9.27%

Purchase Details

Closed on
Nov 3, 2011
Sold by
Seppala Kathleen M
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 20, 2005
Sold by
Seppala Raymond P
Bought by
Seppala Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Range of Values:

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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
Grant Gordon -- Servicelink
Deutsche Bank National Trust Company $525,668 Accommodation
Seppala Kathleen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seppala Kathleen M $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2012 01/26/12 Sold $205,000 -10.9% $106 / Sq Ft
12/07/2011 12/07/11 Pending -- -- --
11/25/2011 11/25/11 For Sale $230,000 -- $118 / 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 $2,656 $37,285 -- --
2024 $3,287 $35,510 -- --
2023 $3,287 $50,420 $10,080 $40,340
2022 $3,198 $39,050 $7,810 $31,240
2021 $3,308 $36,570 $7,310 $29,260
2020 $2,754 $35,630 $7,120 $28,510
2019 $2,534 $32,220 $6,440 $25,780
2018 $2,459 $29,460 $5,890 $23,570
2017 $2,375 $29,220 $5,840 $23,380
2016 $2,447 $29,110 $5,820 $23,290
2015 $2,240 $28,320 $5,660 $22,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4681821

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-98-895