NOT LISTED FOR SALE

1501 E Catamaran Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $1,247,029 - $1,391,000

4 Beds

3 Baths

4,207 Sq Ft

$311/Sq Ft Est. Value

Last sale price $665,000 $158 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $7,822/month

49 Days on Market

Highlights

Play Pool
Waterfront
Clubhouse
Val Vista Lakes Elementary School Rated A-
0.27 Acre Lot
Vaulted Ceiling

About This Home

As of July 2016

WATERFRONT GEM! STUNNING REMODELED HOME. GOURMET ISLAND KITCHEN W/ STATE OF THE ART STAINLESS APPLIANCES, TONS OF SLAB GRANITE, NEW BACKSPLASH AND HUGE PANTRY. 1ST FLOOR MASTER SUITE OFFERS LAKE VIEWS, ACCENT LIGHTING, REMODELED BATH W/ GLASS BLOCK SNAIL SHOWER/TILED ENCLOSURE. WALK IN CLOSET TO DIE FOR! 3 SPACIOUS BR'S UPSTAIRS PLUS A HUGE GAME ROOM (COULD BE 5TH BEDROOM IT HAS A CLOSET) PERFECT FOR A POOL TABLE OR MEDIA ROOM. STEP OUT FROM GAME ROOM BALCONY AND TAKE IN MORE OF THE VIEWS. STEP OUT BACK AND BE BLOWN AWAY WITH BUILT IN BBQ COOKING AREA, SPARKLING POOL, ABOVE GROUND SPA, PRIVATE CONCRETE DOCK AND COZY GAS FIREPIT, PERFECT FOR ENTERTAINING. COMPLETELY REPAINTED INSIDE, DRY BAR, FIREPLACE, SECURITY SYSTEM, SURROUND SOUND, RO & SOFT WATER, RECESSED LIGHTING. THIS IS A MUST SEE!

Last Agent to Sell the Property

Doug Coats

HomeSmart License #BR503863000 Listed on: 05/19/2016

Last Buyer's Agent

Joanne Brown

Berkshire Hathaway HomeServices Arizona Properties License #SA550216000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,024

Year Built

Built in 1997

Lot Details

0.27 Acre Lot
Waterfront
Cul-De-Sac
Private Streets
Wrought Iron Fence
Block Wall Fence
Artificial Turf
Front and Back Yard Sprinklers
Grass Covered Lot

HOA Fees

$87 Monthly HOA Fees

Parking

3 Car Garage
Garage Door Opener

Home Design

Wood Frame Construction
Tile Roof
Stucco

Interior Spaces

4,207 Sq Ft Home
2-Story Property
Vaulted Ceiling
Ceiling Fan
Double Pane Windows
Family Room with Fireplace
Security System Owned

Kitchen

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

Flooring

Wood
Carpet
Tile

Bedrooms and Bathrooms

4 Bedrooms
Primary Bedroom on Main
Primary Bathroom is a Full Bathroom
3 Bathrooms
Dual Vanity Sinks in Primary Bathroom
Bidet
Hydromassage or Jetted Bathtub
Bathtub With Separate Shower Stall

Pool

Play Pool
Above Ground Spa

Outdoor Features

Balcony
Covered patio or porch
Fire Pit
Built-In Barbecue

Schools

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

Utilities

Zoned Heating and Cooling System
Heating System Uses Natural Gas
Water Purifier
High Speed Internet
Cable TV Available

Listing and Financial Details

Tax Lot 41
Assessor Parcel Number 309-03-041

Community Details

Overview

Association fees include ground maintenance, street maintenance
Islands Association, Phone Number (480) 926-9694
Built by CUSTOM
Mission Bay Ests At Val Vista Lakes Amd 1 73 A D Subdivision

Amenities

Clubhouse
Theater or Screening Room
Recreation Room

Recreation

Tennis Courts
Racquetball
Community Playground
Heated Community Pool
Community Spa
Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,024

Year Built

Built in 1997

Lot Details

HOA Fees

$87 per month

Parking

Listing Details

Cross Street: Val Vista & Baseline
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: 87.0
Basement: N
Updated Kitchen: Full
Items Updated Kitchen Yr Updated: 2016
Parking Spaces Total Covered Spaces: 3.0
Separate Den Office Sep Den Office: Y
Year Built: 1997
Tax Year: 2015
Directions: South to Mission Bay Dr. West to Mission Bay entrance South to Catamaran East to home.
Property Sub Type: Single Family Residence
Horses: No
Lot Size Acres: 0.27
Subdivision Name: MISSION BAY ESTS AT VAL VISTA LAKES AMD 1-73 A-D
Efficiency: Multi-Zones
Property Attached Yn: No
ResoBuildingAreaSource: Assessor
Association Fees:HOA Fee2: 87.0
Cooling:Central Air: Yes
Special Features: None

Interior Features

Flooring: Carpet, Tile, Wood
Basement YN: No
Spa Features: Above Ground
Appliances: Water Purifier
Possible Bedrooms: 8
Total Bedrooms: 4
Fireplace Features: 1 Fireplace, Fire Pit, Family Room
Fireplace: Yes
Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
Living Area: 4207.0
Stories: 2
Window Features: Dual Pane
ResoLivingAreaSource: Assessor
Community Features:ClubhouseRec Room: Yes
Community Features:Community Pool: Yes
Kitchen Features:RangeOven Gas: Yes
Kitchen Features:Built-in Microwave: Yes
Kitchen Features:Granite Countertops: Yes
Kitchen Features:Kitchen Island: 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
Kitchen Features Pantry: Yes
Other Rooms:Family Room: Yes
Community Features:Community Media Room: Yes
Community Features:HandballRacquetball: Yes
Kitchen Features:Reverse Osmosis: Yes
Community Features:Children_squote_s Playgrnd: Yes
Kitchen Features:Walk-in Pantry: Yes
Other Rooms:BonusGame Room: Yes
Other Rooms:Loft: Yes
Kitchen Features:Cook Top Gas: Yes
Other Rooms:Library-Blt-in Bkcse: Yes
Other Rooms:Media Room: Yes
KitchenFeatures:Refrigerator: Yes
Fireplace Features:Fire Pit: Yes

Exterior Features

Fencing: Block, Wrought Iron
Exterior Features: Balcony, Private Street(s), Built-in Barbecue
Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Back, Synthetic Grass Frnt
Pool Features: Play Pool, Private
Pool Private: Yes
Waterfront: Yes
Disclosures: Seller Discl Avail
Construction Type: Stucco, Wood Frame
Patio And Porch Features: Covered Patio(s)
Roof: Tile
Construction:Frame - Wood: Yes
Exterior Features:Covered Patio(s): Yes
Exterior Features:Built-in BBQ: Yes
Exterior Features:Balcony: Yes
Exterior Features:Private Street(s): Yes

Garage/Parking

Total Covered Spaces: 3.0
Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Separate Strge Area
Attached Garage: No
Garage Spaces: 3.0
Parking Features:Attch_squote_d Gar Cabinets: Yes
Parking Features:Separate Strge Area: Yes
Parking Features:Garage Door Opener: Yes

Utilities

Cooling: Central Air, Ceiling Fan(s)
Heating: Natural Gas
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: Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Community Media Room, Tennis Court(s), Racquetball, Playground, Biking/Walking Path, Clubhouse
Amenities: Management, Rental OK (See Rmks)
Association Fee: 87.0
Association Fee Frequency: Monthly
Association Name: ISLANDS
Phone: 480-926-9694
Association: Yes

Association/Amenities

Association Fees:HOA YN2: Y
Association Fees:HOA Transfer Fee2: 400.0
Association Fees:HOA Paid Frequency: Monthly
Association Fees:HOA Name4: ISLANDS
Association Fees:HOA Telephone4: 480-926-9694
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_: $
Association Fee Incl:Street Maint: Yes

Fee Information

Association Fee Includes: Maintenance Grounds, 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: 11818.0
Parcel #: 309-03-041
ResoLotSizeUnits: SquareFeet

Building Info

Builder Name: CUSTOM

Tax Info

Tax Annual Amount: 5024.0
Tax Book Number: 309.00
Tax Lot: 41
Tax Map Number: 3.00

Ownership History

Sep 2016 - Present Runyon Douglas and Runyon Julie 8 Years and 9 Months

Private Individual

Purchase Details

Closed on

Sep 29, 2016

Sold by

Lynne M Mechelke

Bought by

Runyon Douglas and Runyon Julie

Current Estimated Value

$1,308,007

Original Mortgage

$200,000

Outstanding Balance

$162,279

Interest Rate

3.42%

Estimated Equity

$1,141,795

Jul 2016 - Sep 2016 Runyon Douglas L and Runyon Julie K 2 Months

Private Individual

Purchase Details

Listed on

May 19, 2016

Closed on

Jul 8, 2016

Sold by

Mechelke Lynne M

Bought by

Runyon Douglas L and Runyon Julie K

Seller's Agent

Doug Coats

HomeSmart

Buyer's Agent

Joanne Brown

Berkshire Hathaway HomeServices Arizona Properties

List Price

$719,000

Sold Price

$665,000

Premium/Discount to List

-$54,000

-7.51%

Avg. Annual Appreciation

7.85%

Oct 2011 - Jul 2016 Mechelke Lynne M 4 Years and 9 Months

Private Individual

Purchase Details

Closed on

Oct 25, 2011

Sold by

Mechelke Craig L

Bought by

Mechelke Lynne M

Original Mortgage

$202,000

Interest Rate

4.06%

Mortgage Type

New Conventional

Nov 2003 - Oct 2011 The Craig L & Lynne M Mechelke Family Tr 7 Years and 11 Months

Private Individual

Purchase Details

Closed on

Nov 3, 2003

Sold by

Mechelke Craig L

Bought by

The Craig L & Lynne M Mechelke Family Tr

Original Mortgage

$340,400

Interest Rate

5.94%

Mortgage Type

Purchase Money Mortgage

Dec 1995 - Nov 2003 Mechelke Craig L and Mechelke Lynne M 7 Years and 11 Months

Private Individual

Purchase Details

Closed on

Dec 27, 1995

Sold by

Mission Bay Ventures

Bought by

Mechelke Craig L and Mechelke Lynne M

Source: Public Records

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Average Value

Not Available

List Price

Sold Price

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Purchase History

Buyer	Sale Price	Title Company
Runyon Douglas	--	--
Runyon Douglas L	$665,000	First American Title Ins Co
Mechelke Lynne M	--	Us Title Agency Llc
The Craig L & Lynne M Mechelke Family Tr	--	Capital Title Agency Inc
Mechelke Craig L	--	Capital Title Agency Inc
Mechelke Craig L	$96,037	Chicago Title Insurance Co

Source: Public Records

Mortgage History

Status	Borrower	Loan Amount
Open	Runyon Douglas	$200,000
Closed	Runyon Douglas	--
Closed	Runyon Douglas L	$200,000
Previous Owner	Mechelke Lynne M	$202,000
Previous Owner	Mechelke Craig L	$100,000
Previous Owner	Mechelke Craig L	$340,400

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
07/25/2016 07/25/16	Sold	$665,000	-2.9%	$158 / Sq Ft
06/27/2016 06/27/16	Price Changed	$685,000	-2.1%	$163 / Sq Ft
06/06/2016 06/06/16	Price Changed	$699,900	-2.7%	$166 / Sq Ft
05/19/2016 05/19/16	For Sale	$719,000	--	$171 / Sq Ft

Source: Arizona Regional Multiple Listing Service (ARMLS)

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	$5,716	$71,800	--	--
2024	$5,742	$68,381	--	--
2023	$5,742	$87,910	$17,580	$70,330
2022	$5,567	$62,150	$12,430	$49,720
2021	$5,779	$59,070	$11,810	$47,260
2020	$5,933	$58,510	$11,700	$46,810
2019	$5,503	$56,020	$11,200	$44,820
2018	$5,616	$56,650	$11,330	$45,320
2017	$5,412	$55,230	$11,040	$44,190
2016	$5,542	$58,730	$11,740	$46,990
2015	$5,024	$57,100	$11,420	$45,680

Source: Public Records

Agents Affiliated with this Home

Seller's Agent in 2016

Doug Coats

HomeSmart

(602) 469-5091

1 in this area

72 Total Sales

Doug Coats
Buyer's Agent in 2016

Joanne Brown

Berkshire Hathaway HomeServices Arizona Properties

(480) 225-4531

1 in this area

70 Total Sales

Joanne Brown

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5445614

APN: 309-03-041

Arizona Maricopa County Gilbert 85234 Val Vista

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.

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

Nearby Homes

1501 E Catamaran Dr Gilbert, AZ 85234

Last Sold July 25, 2016

Highlights

About This Home

Home Details

Community Details

Home Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Purchase Details

Home Financials for this Owner

Purchase Details

Similar Homes in the area

Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

Map