NOT LISTED FOR SALE

1501 E Catamaran Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $1,271,298 - $1,404,000

4 Beds
3 Baths
4,207 Sq Ft
$317/Sq Ft Est. Value

Last Sold July 25, 2016

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

Est. 101% increase in value since last sale

Current estimated payment $7,614/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

HomeSmart

Last Buyer's Agent

Joanne Brown

Berkshire Hathaway HomeServices Arizona Properties License #SA550216000

Berkshire Hathaway HomeServices Arizona Properties

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

0

HOA Fees

$87 per month

Parking

3

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
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: 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
  • 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
  • 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

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2016
Sold by
Lynne M Mechelke
Bought by
Runyon Douglas and Runyon Julie
Current Estimated Value
$1,335,325

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
Outstanding Balance
$162,279
Interest Rate
3.42%
Estimated Equity
$1,145,728

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%

Purchase Details

Closed on
Oct 25, 2011
Sold by
Mechelke Craig L
Bought by
Mechelke Lynne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2003
Sold by
Mechelke Craig L
Bought by
The Craig L & Lynne M Mechelke Family Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,400
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 1995
Sold by
Mission Bay Ventures
Bought by
Mechelke Craig L and Mechelke Lynne M
Source: Public Records

Range of Values:

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Average Value
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List Price
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
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

Date 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 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 $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

  • Doug Coats

    Seller's Agent in 2016

    Doug Coats

    HomeSmart

    (602) 469-5091

    1 in this area

    69 Total Sales

    Doug Coats
    Section Image
  • Joanne Brown

    Buyer's Agent in 2016

    Joanne Brown

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 225-4531

    1 in this area

    68 Total Sales

    Joanne Brown
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5445614

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-03-041

Arizona Maricopa County Gilbert 85234 Val Vista

1501 E Catamaran Dr, Gilbert, AZ

This home is located at 1501 E Catamaran Dr, Gilbert, AZ 85234 since 19 May 2016 and is currently estimated at $1,335,325, approximately $317 per square foot. This property was built in 1997. 1501 E Catamaran Dr is a home located in Maricopa County with nearby schools including Val Vista Lakes Elementary School, Greenfield Junior High School, and Arete Preparatory Academy - Great Hearts.

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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