NOT LISTED FOR SALE

1831 E Monarch Bay Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $1,041,207 - $1,408,000

4 Beds
3.5 Baths
3,394 Sq Ft
$350/Sq Ft Est. Value

Last Sold January 02, 2014

Last sale price $654,000 $193 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,114/month

15 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Waterfront
  • Val Vista Lakes Elementary School Rated A-
  • RV Gated
  • 4-minute walk to Val Vista Lakes Rose Garden

About This Home

As of January 2014

The Ultimate Semi-Custom Waterfront Home is in the Exclusive Val Vista Lakes. Location, Location, Location! 4 Bed, 3.5 Bath, Pool, BBQ, Fire pit, Entertainment/Game room. Perfected over the years by quality custom additions, is appointed with over 2000 square feet of travertine, custom paint, special wrought iron railing, cherry wood handcrafted stairs accented with marble mosaics, bathrooms have been redone with custom tile and travertine and upgraded shower doors,crown moldings and baseboards throughout, highest quality door knobs and handles and custom door trim make every single door stand out, craftsman quality built-ins and decorator quality light fixtures go hand-in-hand with the beautifully designed fireplace! MUST SEE THE MULTI-MILLION DOLLAR CLUBHOUSE.

Last Listed By

Sandra Amiri

Realty ONE Group License #BR533147000 Listed on: 11/22/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,367

Year Built

  • Built in 1991

Lot Details

  • 0.26 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,394 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Balcony
  • Covered patio or porch
  • Outdoor Storage
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Cooling System Mounted To A Wall/Window
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 309-04-015

Community Details

Overview

  • Association fees include ground maintenance
  • Val Vista Lakes Association, Phone Number (480) 926-9694
  • Built by Shea
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,367

Year Built

Built in 1991

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: Y
  • Recreation Center Paid Frequency: Monthly
  • Total Monthly Fee Equivalent: 87.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1991
  • Tax Year: 2012
  • Directions: SOUTH ON VAL VISTA PAST BASELINE, E ON LAKESIDE DR. LEFT ON CYPRESS TREE, RIGHT ON CASCADE, TO CRYSTAL SHORES, LEFT ON MONARCH BAY.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.26
  • Subdivision Name: Val Vista Lakes
  • Efficiency: Multi-Zones
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 87.0
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 7
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3394.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: 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
  • 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:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Misting System, Patio, Private Yard, Storage, Built-in Barbecue
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Misting System: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, RV Gate
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Lake Subdivision, Tennis Court(s), Racquetball, Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Association Fee: 87.0
  • 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: 400.0
  • 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:Cap ImprovementImpact Fee 2 _percent_: %

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: Highland High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11443.0
  • Parcel #: 309-04-015
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Shea

Tax Info

  • Tax Annual Amount: 3367.0
  • Tax Book Number: 309.00
  • Tax Lot: 15
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2013
Closed on
Dec 30, 2013
Sold by
Amiri Aman F and Amiri Sandra M
Bought by
Gariano Joseph and Gariano Rachael
Seller's Agent
Sandra Amiri
Realty ONE Group
Buyer's Agent
Jetsletten
West USA Realty
List Price
$700,000
Sold Price
$654,000
Premium/Discount to List
-$46,000
-6.57%
Total Days on Market
15
Current Estimated Value
$1,188,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,802
Avg. Annual Appreciation
5.27%
Original Mortgage
$417,000
Outstanding Balance
$316,821
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$858,157

Purchase Details

Closed on
Jul 30, 2007
Sold by
Scott Ryan J
Bought by
Amiri Aman F and Amiri Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 26, 2006
Sold by
Scott Amy L
Bought by
Scott Ryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,200
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 11, 2005
Sold by
Scott Ryan J
Bought by
The Transition Group Llc

Purchase Details

Closed on
Jun 16, 2005
Sold by
Scott Amy L
Bought by
Scott Ryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,900
Interest Rate
5.58%
Mortgage Type
Credit Line Revolving

Range of Values:

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Average Value
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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
Gariano Joseph $654,000 Chicago Title Agency Inc
Amiri Aman F $860,000 Capital Title Agency Inc
Scott Ryan J -- Federal Title Agency Llc
Scott Ryan J -- Federal Title Agency Llc
The Transition Group Llc -- --
Scott Ryan J -- --
Scott Ryan J $694,757 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gariano Joseph $417,000
Previous Owner The Amiri Family Trust $500,000
Previous Owner Scott Ryan J $264,200
Previous Owner Scott Ryan J $138,900
Previous Owner Scott Ryan J $555,800
Previous Owner Fee William S $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2014 01/02/14 Sold $654,000 -6.6% $193 / Sq Ft
12/07/2013 12/07/13 Pending -- -- --
11/22/2013 11/22/13 For Sale $700,000 -- $206 / 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 $4,473 $57,777 -- --
2024 $4,494 $55,026 -- --
2023 $4,494 $73,250 $14,650 $58,600
2022 $4,356 $58,600 $11,720 $46,880
2021 $4,525 $55,320 $11,060 $44,260
2020 $4,449 $53,530 $10,700 $42,830
2019 $4,094 $46,950 $9,390 $37,560
2018 $3,968 $43,450 $8,690 $34,760
2017 $3,819 $41,250 $8,250 $33,000
2016 $3,916 $44,110 $8,820 $35,290
2015 $3,536 $44,110 $8,820 $35,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5034279

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-04-015