NOT LISTED FOR SALE

1642 E Commerce Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $630,000 - $680,000

4 Beds
2 Baths
2,274 Sq Ft
$285/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $410,000 $180 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,622/month

3 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Wood Flooring
  • Sonoma Ranch Elementary School Rated A-
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of January 2020

This stunning 4 bedroom, 2 bath split floorpan home features a 3 car garage with North/South exposure. The open floorpan features a formal living, dining, and spacious family room, beautiful eat-in kitchen with granite counter tops, island and walk-in pantry. Master suite has been elegantly remodeled with a luxurious bathroom including double sinks, separate shower, jetted tub, private toilet room, and huge walk-in closet. Spacious backyard is perfect for entertaining with a pebble-tec pool, built in BBQ, and artificial turf. This home has no carpet. Hickory Hardwood flooring, travertine, and tile throughout the entire home. A full roof replacement completed in 2018 with a 10-year transferrable warranty!

Last Agent to Sell the Property

Chantel Gutierrez-Davis

Perk Prop Real Estate License #BR684490000 Listed on: 12/07/2019

Last Buyer's Agent

Danielle Bronson

Redfin Corporation License #SA684163000

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,934

Year Built

  • Built in 1995

Lot Details

  • 8,485 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,274 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Outdoor Storage
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 282
  • Assessor Parcel Number 309-04-442

Community Details

Overview

  • Association fees include ground maintenance
  • Cornerstone Property Association, Phone Number (602) 433-0331
  • Built by Shea Homes
  • Sonoma Ranch Subdivision, Laguna B Elevation Floorplan

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,934

Year Built

Built in 1995

Lot Details

0

HOA Fees

$46 per month

Parking

3

Listing Details

  • Cross Street: Val Vista & Guadalupe
  • 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: 45.83
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2010
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2013
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2019
  • Master Model: Laguna B Elevation
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: SONOMA RANCH
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 180.3
  • Association Fees:HOA Fee2: 275.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Water Purifier
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2274.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Cul-De-Sac, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV Gate: 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: Playground, Biking/Walking Path
  • Association Fee: 275.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Sonoma Ranch HOA
  • Phone: 602-433-0331
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Sonoma Ranch HOA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Cornerstone Property
  • 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: 8485.0
  • Parcel #: 309-04-442

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Annual Amount: 1934.0
  • Tax Book Number: 309.00
  • Tax Lot: 282
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2019
Closed on
Dec 13, 2019
Sold by
Bernstein David M and Bernstein Terri L
Bought by
Chase David Hai and Chen Tori Dong
Seller's Agent
Chantel Gutierrez-Davis
Perk Prop Real Estate
Buyer's Agent
Danielle Bronson
Redfin Corporation
List Price
$415,000
Sold Price
$410,000
Premium/Discount to List
-$5,000
-1.2%
Current Estimated Value
$648,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,200
Avg. Annual Appreciation
8.00%
Original Mortgage
$328,000
Outstanding Balance
$289,179
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$359,021

Purchase Details

Closed on
Jul 26, 2013
Sold by
Bernstein David M and Bernstein Terri L
Bought by
Bernstein David M and Bernstein Terri L

Purchase Details

Closed on
Jan 18, 1996
Sold by
Shea Homes Arizona Ltd Partnership
Bought by
Mckinney Terri L and Bernstein David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 1995
Sold by
Shea Homes Ltd Partnership
Bought by
Shea Homes Arizona Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7.18%
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
Chase David Hai $410,000 Landmark Ttl Assurance Agcy
Bernstein David M -- None Available
Mckinney Terri L $141,415 First American Title
Shea Homes Arizona Ltd Partnership -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase David Hai $328,000
Previous Owner Mckinney Terri L $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2020 01/10/20 Sold $410,000 -1.2% $180 / Sq Ft
12/07/2019 12/07/19 For Sale $415,000 -- $182 / 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 $2,156 $28,183 -- --
2024 $2,088 $26,841 -- --
2023 $2,088 $45,260 $9,050 $36,210
2022 $2,024 $34,270 $6,850 $27,420
2021 $2,138 $32,560 $6,510 $26,050
2020 $2,104 $30,500 $6,100 $24,400
2019 $1,934 $27,370 $5,470 $21,900
2018 $1,877 $25,500 $5,100 $20,400
2017 $1,813 $24,170 $4,830 $19,340
2016 $1,878 $23,480 $4,690 $18,790
2015 $1,711 $22,960 $4,590 $18,370
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Chantel Gutierrez-Davis

    Perk Prop Real Estate

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6012290

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-04-442

Arizona Maricopa County Gilbert 85234 Val Vista

1642 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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