NOT LISTED FOR SALE

1622 E Commerce Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $641,030 - $701,000

4 Beds
3 Baths
3,237 Sq Ft
$207/Sq Ft Est. Value

Last Sold May 08, 2017

Last sale price $349,900 $108 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,754/month

185 Days on Market

Highlights

  • 0.2 Acre Lot
  • Vaulted Ceiling
  • 1 Fireplace
  • Sonoma Ranch Elementary School Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of May 2017

Ignore days on market. buyers couldn't qualify. Reduced over 13,000 Many designer upgrades. Huge kitchen over looks great room, open & bright with lots of light. Perfect for entertaining. Breakfast nook & island. Large office or inlaw suite down. Stunning formal dining & living rm with designer ceiling, crown molding, chandelier & wood floors, 4 bdrms up. Remodeled master retreat with seating area & designer bath. Backyard boast a tranquil coy pond, lush landscaping, large backyard playground, grapefruit, lemon, peach and orange trees ready for eating and juicing, Thompson seedless grapes and more! Complete privacy here. This culdesac lot has little traffic and this property is close to shopping, restaurants, Freestone Park & the Riparian Preserve. Not just a house, a forever home

Last Agent to Sell the Property

Lori Regnier

My Home Group Real Estate License #SA522182000 Listed on: 09/22/2016

My Home Group Real Estate

Last Buyer's Agent

Craig Walter

United CountryReal Estate-Arizona Property & Auction License #SA643546000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,037

Year Built

  • Built in 1995

Lot Details

  • 8,764 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,237 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio
  • Playground

Schools

  • Sonoma Ranch Elementary School
  • Greenfield Junior High School
  • Gilbert High School

Utilities

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

Listing and Financial Details

  • Tax Lot 280
  • Assessor Parcel Number 309-04-440

Community Details

Overview

  • Association fees include ground maintenance
  • Sonoma Ranch Association, Phone Number (480) 551-4300
  • Sonoma Ranch Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,037

Year Built

Built in 1995

Lot Details

0

HOA Fees

$44 per month

Parking

2

Listing Details

  • Cross Street: Val Vista and Elliot
  • 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: 44.17
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: SONOMA RANCH
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • General Property Description:PriceSqFt: 108.09
  • Association Fees:HOA Fee2: 265.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3237.0
  • Stories: 2
  • Window Features: Sunscreen(s), Dual Pane
  • ResoLivingAreaSource: Owner
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Patio, Private Yard
  • Lot Features: Desert Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 265.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Sonoma Ranch
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Sonoma Ranch
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Sonoma Ranch Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8764.0
  • Parcel #: 309-04-440
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 2037.0
  • Tax Book Number: 309.00
  • Tax Lot: 280
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2016
Closed on
May 5, 2017
Sold by
Forbes John M and Forbes Dawn
Bought by
Walter Adam and Walter Chelsea
Seller's Agent
Lori Regnier
My Home Group Real Estate
Buyer's Agent
Craig Walter
United CountryReal Estate-Arizona Property & Auction
List Price
$363,000
Sold Price
$349,900
Premium/Discount to List
-$13,100
-3.61%
Current Estimated Value
$670,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,858
Avg. Annual Appreciation
7.82%
Original Mortgage
$332,405
Outstanding Balance
$277,416
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$393,342

Purchase Details

Closed on
Mar 14, 1996
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Forbes John M and Forbes Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,800
Interest Rate
7.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walter Adam $349,900 Driggs Title Agency Inc
Forbes John M $163,078 First American Title
Shea Homes Arizona Ltd Partnership -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walter Adam $332,405
Previous Owner Forbes John M $133,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2017 05/08/17 Sold $349,900 0.0% $108 / Sq Ft
03/21/2017 03/21/17 Price Changed $349,900 -0.9% $108 / Sq Ft
12/20/2016 12/20/16 Price Changed $353,000 -1.4% $109 / Sq Ft
10/19/2016 10/19/16 Price Changed $358,000 -1.4% $111 / Sq Ft
09/22/2016 09/22/16 For Sale $363,000 -- $112 / 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 $2,341 $30,591 -- --
2024 $2,267 $29,135 -- --
2023 $2,267 $46,180 $9,230 $36,950
2022 $2,197 $35,060 $7,010 $28,050
2021 $2,320 $33,380 $6,670 $26,710
2020 $2,283 $31,260 $6,250 $25,010
2019 $2,099 $29,330 $5,860 $23,470
2018 $2,037 $27,650 $5,530 $22,120
2017 $1,968 $26,420 $5,280 $21,140
2016 $2,038 $25,830 $5,160 $20,670
2015 $1,857 $25,170 $5,030 $20,140
Source: Public Records

Agents Affiliated with this Home

  • Lori Regnier

    Seller's Agent in 2017

    Lori Regnier

    My Home Group Real Estate

    (480) 228-8888

    17 Total Sales

    Lori Regnier
    Section Image

  • C

    Buyer's Agent in 2017

    Craig Walter

    United CountryReal Estate-Arizona Property & Auction

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5501201

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-04-440

Arizona Maricopa County Gilbert 85234 Val Vista

1622 E Commerce Ave, 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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