NOT LISTED FOR SALE

1820 E Monarch Bay Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $1,172,000 - $1,300,000

4 Beds
2.5 Baths
3,055 Sq Ft
$412/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $1,339,000 $438 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,101/month

6 Days on Market

Highlights

  • Fitness Center
  • Heated Spa
  • 0.32 Acre Lot
  • Val Vista Lakes Elementary School Rated A-
  • Waterfront
  • 4-minute walk to Val Vista Lakes Rose Garden

About This Home

As of February 2022

A true gem located in the Val Vista Lakes community, this modern coastal style home is influenced by the outdoors, a harmonious balance of the elements to create a peaceful lifestyle by the lake. Enjoy outdoor-indoor living space with panoramic sliding glass doors opening into the spacious, lakeside backyard. Inside you will experience the comforts of a luxury residence as this home has been extensively remodeled, with an open floor plan featuring 10ft+ vaulted ceilings, a massive butcher block island & quartzite countertops, custom cabinetry, porcelain tile, & carpeted bedrooms. Perfect for entertaining, this is the ultimate outdoor BBQ kitchen for the overachieving chef. Lose track of time while enjoying the best sunset views in the neighborhood from your very own private boat dock.

Last Agent to Sell the Property

Garrett Warren

Taylor Street Advisors License #SA683985000 Listed on: 01/12/2022

Co-Listed By

Yvonne Matejka

Real Broker License #BR663616000

Last Buyer's Agent

Fred Carpenter

Fathom Realty Elite License #SA632720000

Fathom Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,343

Year Built

  • Built in 1991

Lot Details

  • 0.32 Acre Lot
  • Waterfront
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,055 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Solar Screens
  • Living Room with Fireplace

Kitchen

  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue

Schools

  • Val Vista Lakes Elementary School
  • Greenfield Junior High School
  • Highland High School

Utilities

  • Central Air
  • Heating unit installed on the ceiling

Additional Features

  • No Interior Steps
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 309-04-024

Community Details

Overview

  • Association fees include ground maintenance
  • First Service Reside Association, Phone Number (480) 926-9694
  • Crystal Shores Amd Lot 1 82 Tr A I Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,343

Year Built

Built in 1991

Lot Details

0

HOA Fees

$112 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: N
  • Total Monthly Fee Equivalent: 111.64
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2019
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2019
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2016
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2018
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2019
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2013
  • Updated Wiring: Partial
  • Items Updated Wiring 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: 1991
  • Spa Private: Yes
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.32
  • Co List Office Mls Id: tast001
  • Co List Office Phone: 602-603-1000
  • Subdivision Name: CRYSTAL SHORES AMD LOT 1-82 TR A-I
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 438.29
  • Association Fees:HOA Fee2: 111.64
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3055.0
  • Stories: 1
  • Window Features: Solar Screens
  • Community Features:ClubhouseRec Room: Yes
  • 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
  • Community Features:Comm Tennis Court(s): 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
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Built In Recycling: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Waterfront Lot, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Play Pool, Heated
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • 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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric, Ceiling
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Heating:Ceiling: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Lake, Community Spa, Community Spa Htd, Near Bus Stop, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 111.64
  • Association Fee Frequency: Monthly
  • Association Name: Val Vista Lakes
  • Phone: 480-926-9694
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Val Vista Lakes
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: First Service Reside
  • Association Fees:HOA Management Phone: 480-926-9694

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Val Vista Lakes Elementary School
  • High School: Highland 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: 13939.0
  • Parcel #: 309-04-024

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 5343.0
  • Tax Book Number: 309.00
  • Tax Lot: 24
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 3, 2022
Sold by
Warren Living Trust and Warren Rick
Bought by
Jack And Janice Searle Revocable Trust and Searle
Seller's Agent
Garrett Warren
Taylor Street Advisors
Buyer's Agent
Fred Carpenter
Fathom Realty Elite
List Price
$1,349,000
Sold Price
$1,339,000
Premium/Discount to List
-$10,000
-0.74%
Current Estimated Value
$1,259,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,961
Avg. Annual Appreciation
-1.57%

Purchase Details

Closed on
Mar 31, 2017
Sold by
Warren Richard W and Warren Rick
Bought by
Warren Rick and Warren Living Trust

Purchase Details

Listed on
Mar 20, 2014
Closed on
Aug 12, 2014
Sold by
Hillman Louis and Hillman Carol Ann
Bought by
Warren Richard W
Seller's Agent
Martha Kimsey Fuller
Good Oak Real Estate
Buyer's Agent
Maggie Diamond
Penfield Properties
List Price
$545,000
Sold Price
$500,000
Premium/Discount to List
-$45,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$400,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jack And Janice Searle Revocable Trust $1,339,000 Stewart Title
Warren Rick -- None Available
Warren Richard W $500,000 American Title Svc Agency Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warren Richard W $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2022 02/07/22 Sold $1,339,000 -0.7% $438 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $1,349,000 +169.8% $442 / Sq Ft
07/18/2014 07/18/14 Sold $500,000 -1.6% $164 / Sq Ft View Prior Sale
06/13/2014 06/13/14 Pending -- -- --
06/12/2014 06/12/14 Price Changed $508,000 -1.4% $166 / Sq Ft
05/29/2014 05/29/14 Price Changed $515,000 -1.0% $169 / Sq Ft
05/20/2014 05/20/14 Price Changed $520,000 -0.9% $170 / Sq Ft
05/04/2014 05/04/14 Price Changed $524,900 -3.7% $172 / Sq Ft
04/08/2014 04/08/14 For Sale $545,000 +9.0% $178 / Sq Ft
03/28/2014 03/28/14 Off Market $500,000 -- --
03/20/2014 03/20/14 For Sale $545,000 -- $178 / 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 $4,701 $51,586 -- --
2024 $5,907 $49,129 -- --
2023 $5,907 $82,250 $16,450 $65,800
2022 $5,747 $66,510 $13,300 $53,210
2021 $5,343 $63,120 $12,620 $50,500
2020 $5,255 $61,470 $12,290 $49,180
2019 $4,843 $54,300 $10,860 $43,440
2018 $4,697 $50,070 $10,010 $40,060
2017 $4,524 $47,160 $9,430 $37,730
2016 $4,637 $50,360 $10,070 $40,290
2015 $4,196 $50,780 $10,150 $40,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6341055

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-04-024