$585,000
SOLD MAR 23, 2018

1901 E Cypress Tree Dr Gilbert, AZ 85234

Val Vista Neighborhood
5 Beds
4.5 Baths
4,646 Sq Ft
0.26 Acres

Recently Sold

$126 Per Sq Ft

22% Below List Price

82 Days on Market

Highlights

  • Fitness Center
  • Heated Spa
  • Gated Community
  • Val Vista Lakes Elementary School Rated A-
  • Sitting Area In Primary Bedroom
  • 2-minute walk to Val Vista Lakes Rose Garden

About This Home

As of June 2023

PRICED TO SELL! Limited time only! Move in ready 5 bed/4.5 bath two-story BASEMENT HOME on WATERFRONT LOT in sought-after GATED COMMUNITY in Val Vista Lakes. $30k in upgrades, including plantation shutters & updated lighting/fixtures throughout. FRESH INTERIOR PAINT is a huge plus! All woodwork, door & trim has been recently refinished. AMAZING KITCHEN w/ SS appliances (including double wall ovens), beautiful cabinetry w/ glass front accents, appliance garage, huge pantry & island w/ bar top seating. Window lined breakfast room has great view of backyard & lake & connects to the DELIGHTFUL ARIZONA ROOM where you can enjoy the wonderful AZ sunshine all year round! Spacious multi-purpose room downstairs makes the perfect home office, craft/sewing, gym or play room & has bathroom attached. ENORMOUS MASTER SUITE w/ door entry has attached office/den w/ built-ins, second versatile attached room, huge walk-in closet w/ organization & master bath w/ spa tub, shower, dual sinks & private toilet. Additional bedrooms all have large closets! Could easily convert office to 6th bedroom if desired. Finished basement w/ wet bar, as well as another versatile room w/ private exit to backyard. Second basement area offers "mini kitchen" area w/ sink & room for microwave & dorm size fridge. STORAGE in this home is fabulous! IMMACULATE 3 CAR GARAGE w/ epoxy flooring & 2 full walls of cabinet storage. GORGEOUS WATER FRONT BACKYARD w/ patio, sparkling HEATED POOL, pondless waterfall, immaculate landscaping, healthy shade trees & of course the BOAT DOCK & VIEW OF THE LAKE. One of the few properties that has waterway access to clubhouse! Full access to Val Vista Lakes amenities including zero entry pool, tennis courts, work-out facilities, indoor racquetball, banquet & meeting rooms, and the list goes on. Easy freeway access and close to tons of shopping & restaurants. What else could you ask for? Do not miss out on this ONE-OF-A-KIND property! Easy to show...come check it out today!

Last Agent to Sell the Property

Rachael Richards

RHouse Realty License #SA556276000

Last Buyer's Agent

Eric Herbert

Realty ONE Group License #SA672184000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,605

Year Built

  • Built in 1988

Lot Details

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

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,646 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Intercom

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool

Outdoor Features

  • Screened Patio
  • Fire Pit
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 304-98-273

Community Details

Overview

  • Brown Management Association, Phone Number (480) 539-1396
  • Val Vista Lakes Association, Phone Number (480) 929-9694
  • Association Phone (480) 929-9694
  • Built by Custom
  • 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

$5,605

Year Built

Built in 1988

Lot Details

0

HOA Fees

$89 per month

Parking

3

Listing Details

  • Cross Street: Val Vista / Baseline
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2 Fee: 89.25
  • HOA #2 Name: Val Vista Lakes
  • HOA #2 Phone Number: 480-929-9694
  • HOA #2 Transfer Fee: 250.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 147.25
  • Basement: Y
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2017
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1988
  • Tax Year: 2017
  • Directions: South on Val Vista; East on Lakeside Drive; Over the Bridge; Right into Lakeside subdivision; Home is straight ahead.
  • Attribution Contact: 480-270-5782
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.26
  • Subdivision Name: LAKESIDE AT VAL VISTA LAKES
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Association Fees:HOA Fee2: 58.0
  • Special Features: None

Interior Features

  • Basement: Finished, Walk-Out Access, Full
  • Flooring: Carpet, Linoleum, Tile
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Two Way Fireplace, Fire Pit, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Upstairs, Walk-In Closet(s), Intercom, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 4646.0
  • Stories: 2
  • Window Features: Skylight(s), Double Pane Windows
  • ResoLivingAreaSource: Owner
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: 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:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:HandballRacquetball: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Community Features:Lake Subdivision: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • Fireplace:Two Way Fireplace: Yes
  • Basement Description:Walkout: Yes
  • Basement Description:Finished2: Yes
  • Basement Description:Full: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Other, Screened in Patio(s), Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Community, Heated, Fenced, Private
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Other5: Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Lake Subdivision, Pool, Tennis Court(s), Racquetball, Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 89.25
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association: Val Vista Lakes
  • Association Name: Lakeside
  • Association Phone #2: 480-929-9694
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lakeside
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 185.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Management
  • Association Fees:HOA Management Phone: 480-539-1396
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Val Vista Lakes Elementary School
  • High School: Highland High School
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11421.0
  • Parcel #: 304-98-273
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 5605.0
  • Tax Book Number: 304.00
  • Tax Lot: 36
  • Tax Map Number: 98.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Jun 15, 2023
Sold by
Johnson Jeff and Johnson Robin
Bought by
Sherman Living Trust
Seller's Agent
Eric Herbert
Realty ONE Group
Buyer's Agent
Bill Brimie
Rio Salado Realty, LLC
List Price
$1,350,000
Sold Price
$1,295,000
Premium/Discount to List
-$55,000
-4.07%
Total Days on Market
82
Views
131
Current Estimated Value
$1,338,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,298
Avg. Annual Appreciation
1.71%
Original Mortgage
$620,000
Outstanding Balance
$606,673
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$731,625

Purchase Details

Listed on
Dec 18, 2017
Closed on
Mar 16, 2018
Sold by
Zaletel Edward A and Zaletel Marla K
Bought by
Johnson Jeff and Buckhannon Robin
Seller's Agent
Rachael Richards
RHouse Realty
Buyer's Agent
Eric Herbert
Realty ONE Group
List Price
$748,880
Sold Price
$585,000
Premium/Discount to List
-$163,880
-21.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.38%

Purchase Details

Closed on
Jul 23, 2013
Sold by
Zaletel Edward A and Zaletel Marla K
Bought by
Zaletel Edward A and Zaletel Marla K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2008
Sold by
Zaletel Edward A and Zaletel Marla K
Bought by
Zaletel Edward A and Zaletel Marla K

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,295,000 None Listed On Document
Warranty Deed $585,000 Magnus Title Agency Llc
Interfamily Deed Transfer -- Security Title Agency
Interfamily Deed Transfer -- Security Title Agency
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 New Conventional
Previous Owner $525,000 New Conventional
Previous Owner $240,000 Unknown
Previous Owner $300,000 Credit Line Revolving
Previous Owner $258,850 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $1,295,000 -4.1% $251 / Sq Ft
05/16/2023 05/16/23 For Sale $1,350,000 +4.2% $262 / Sq Ft
05/15/2023 05/15/23 Off Market $1,295,000 -- --
04/28/2023 04/28/23 For Sale $1,350,000 0.0% $262 / Sq Ft
04/22/2023 04/22/23 Off Market $1,350,000 -- --
04/03/2023 04/03/23 For Sale $1,350,000 +130.8% $262 / Sq Ft
03/23/2018 03/23/18 Sold $585,000 -2.5% $126 / Sq Ft
03/05/2018 03/05/18 Price Changed $599,900 -12.4% $129 / Sq Ft
01/31/2018 01/31/18 Price Changed $684,900 -2.1% $147 / Sq Ft
01/10/2018 01/10/18 Price Changed $699,900 -6.5% $151 / Sq Ft
12/17/2017 12/17/17 For Sale $748,880 -- $161 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $6,528 $81,515 -- --
2024 $6,565 $77,633 -- --
2023 $6,565 $93,350 $18,670 $74,680
2022 $6,368 $71,320 $14,260 $57,060
2021 $6,607 $67,850 $13,570 $54,280
2020 $6,501 $67,080 $13,410 $53,670
2019 $5,997 $62,320 $12,460 $49,860
2018 $5,815 $61,600 $12,320 $49,280
2017 $5,605 $61,870 $12,370 $49,500
2016 $5,762 $60,610 $12,120 $48,490
2015 $5,201 $60,260 $12,050 $48,210
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5699613

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-98-273