NOT LISTED FOR SALE

Estimated Value: $1,432,951

4 Beds
3 Baths
4,284 Sq Ft
$334/Sq Ft Est. Value

Last Sold August 22, 2012

Last sale price $705,000 $165 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $8,716/month

15 Days on Market

Highlights

  • Fitness Center
  • Heated Spa
  • Gated Community
  • Val Vista Lakes Elementary School Rated A-
  • RV Garage
  • Waterfront

About This Home

As of August 2012

RARE RV GARAGE WATERFRONT HOME in Val Vista Lakes! 51' Shoreline waterfront home on the main lake with wide, wide views. Perfect for entertaining in luxury, this Custom home features a vaulted ''wall-of-glass'' great-room facing lake with a floor-to-ceiling brick fireplace & full wet-bar. Spacious kitchen with island, slab granite counters, built-in fridge, Viking gas stove, S/S appliances & eat-in dining. Tumbled travertine stone and inch-thick wood flooring further compliment the interior. Guest Qtrs/Apartment has a private entrance as well. 18' Boat for your own private dock conveys! Oversized brick-front garage features an RV Bay! A rare opportunity - GATED PRIVACY, MAIN LAKE, RV GARAGE with 41' bay! Full privileges at multi-million dollar Val Vista Lakes Clubhouse. Exceptional home

Last Listed By

Jerry Mann

Berkshire Hathaway HomeServices Arizona Properties License #SA627498000 Listed on: 06/17/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,200

Year Built

  • Built in 1994

Lot Details

  • 0.28 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Private Streets
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Garage ceiling height seven feet or more
  • Tandem Parking
  • Garage Door Opener
  • RV Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 4,284 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Solar Screens
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Outdoor Features

  • Heated Spa
  • Balcony
  • Covered patio or porch
  • Outdoor Storage
  • Built-In Barbecue

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 96
  • Assessor Parcel Number 304-98-333

Community Details

Overview

  • Association fees include ground maintenance, (see remarks), street maintenance
  • Val Vista Lakes Association, Phone Number (480) 926-9694
  • Association Phone (480) 926-9694
  • Built by Mitch Kempton
  • Lakeside At Val Vista Lakes Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Racquetball
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,200

Year Built

Built in 1994

Lot Details

0

HOA Fees

$150 per month

Parking

4

Listing Details

  • Cross Street: Val Vista and Baseline Rds.
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Val Vista Lakes
  • HOA #2 Phone Number: 480-926-9694
  • HOA #2: Y
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 150.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2010
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2010
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1994
  • Tax Year: 2011
  • Directions: South on Val Vista, E. on Lakeside, S. on Blue Grotto, E. through gate, immediate right. E. on Queen Palm Dr. to top of Cul-de-sac.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.28
  • Subdivision Name: Lakeside at Val Vista Lakes
  • Architectural Style: Contemporary
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 150.0
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 4284.0
  • Stories: 2
  • Window Features: Sunscreen(s)
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: 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
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Other, Balcony, Covered Patio(s), Patio, Private Street(s), Storage, Built-in Barbecue
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Frame - Wood
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Private Street(s): Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, RV Gate, Tandem, RV Access/Parking, RV Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:RV Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Lake Subdivision, Tennis Court(s), Racquetball, Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association: Val Vista Lakes
  • Association Name: Val Vista Lakes
  • Association Phone #2: 480-926-9694
  • 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
  • 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:HOA Paid Frequency 2: Monthly
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other (See Remarks), Street Maint

Schools

  • Elementary School: Val Vista Lakes Elementary School
  • High School: Highland Elementary School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12236.0
  • Parcel #: 304-98-333
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Mitch Kempton

Tax Info

  • Tax Annual Amount: 4200.0
  • Tax Book Number: 304.00
  • Tax Lot: 96
  • Tax Map Number: 98.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Reis David M
Bought by
Reis David M
Total Days on Market
15
Current Estimated Value
$1,432,951

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
$170,980
Interest Rate
6.49%
Mortgage Type
Construction
Estimated Equity
$1,151,456

Purchase Details

Listed on
Jun 17, 2012
Closed on
Jul 6, 2012
Sold by
Reis Mary A
Bought by
Reis David M
Seller's Agent
Jerry Mann
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Kimberly Healy Franzetti
West USA Realty
List Price
$749,000
Sold Price
$705,000
Premium/Discount to List
-$44,000
-5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$564,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2012
Closed on
Jul 5, 2012
Sold by
Schonau Mark R and Schonau Xinia M
Bought by
Reis David M
Seller's Agent
Jerry Mann
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Kimberly Healy Franzetti
West USA Realty
List Price
$749,000
Sold Price
$705,000
Premium/Discount to List
-$44,000
-5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 1998
Sold by
Peoples William M and Peoples Lynn M
Bought by
Schonau Mark R and Schonau Xinia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.91%
Mortgage Type
New Conventional

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
Reis David M -- Premier Title
Reis David M -- First American Title Insuran
Reis David M $705,000 First American Title Insuran
Schonau Mark R $415,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reis David M $200,000
Previous Owner Reis David M $510,400
Previous Owner Reis David N $540,000
Previous Owner Reis David M $564,000
Previous Owner Reis David M $564,000
Previous Owner Schonau Mark R $381,732
Previous Owner Schonau Mark R $227,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2012 08/22/12 Sold $705,000 -5.9% $165 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
06/17/2012 06/17/12 For Sale $749,000 -- $175 / 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 $6,544 $81,694 -- --
2024 $6,581 $77,804 -- --
2023 $6,581 $93,470 $18,690 $74,780
2022 $6,384 $70,680 $14,130 $56,550
2021 $6,623 $67,210 $13,440 $53,770
2020 $6,526 $67,000 $13,400 $53,600
2019 $6,020 $62,670 $12,530 $50,140
2018 $5,838 $61,370 $12,270 $49,100
2017 $5,627 $61,410 $12,280 $49,130
2016 $5,784 $59,930 $11,980 $47,950
2015 $5,222 $59,470 $11,890 $47,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4780891

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-98-333