NOT LISTED FOR SALE

2003 E Catamaran Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $1,029,732 - $1,119,000

4 Beds
3.5 Baths
2,950 Sq Ft
$369/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $775,000 $263 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,295/month

14 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Waterfront
  • Val Vista Lakes Elementary School Rated A-
  • Gated Community
  • 0.28 Acre Lot

About This Home

As of December 2020

PHC Advisors is please to present for sale this breathtaking lakefront home in one of the most desirable communities in Gilbert. This property boasts over $200,000 in new upgrades including Newly renovated kitchen with granite countertops, walnut butcher block island, and premium industrial grade appliances. Kitchen extras are too many to list. The on-site mother in law casita is a perfect size for kids and guests.

Take in the breathtaking views through your 12' sliders exposing a resort style backyard with over 2,000 sqft of travertine stone pavers, 2 covered patios, 40' alumawood pergola, and countless other outdoor extras.

Community extras include a 6 million dollar club house containing tennis courts, Jr. Olympic swimming, spa, lagoon pool with sandy beaches, and gym.

Last Agent to Sell the Property

Chris Rapacz

PHC Hotel Advisors License #SA678197000 Listed on: 10/23/2020

Last Buyer's Agent

Christopher Vinson

Vinson Realty & Investment LLC License #BR506970000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,656

Year Built

  • Built in 1997

Lot Details

  • 0.28 Acre Lot
  • Waterfront
  • Wrought Iron Fence
  • Misting System
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,950 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Spa
  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 304-09-693

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Val Vista Lakes Association, Phone Number (480) 926-9694
  • Regatta At Val Vista Association, Phone Number (480) 539-1396
  • Association Phone (480) 539-1396
  • Regatta At Val Vista Lakes Amd Lot 1 108 Subdivision
  • Community Lake

Recreation

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

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,656

Year Built

Built in 1997

Lot Details

0

HOA Fees

$173 per month

Parking

2

Listing Details

  • Cross Street: BASELINE & VAL VISTA
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Regatta at Val Vista
  • HOA #2 Phone Number: 480-539-1396
  • 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: 172.8
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2019
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2019
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2019
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2019
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1997
  • Spa Private: Yes
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.28
  • Subdivision Name: REGATTA AT VAL VISTA LAKES AMD LOT 1-108
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 262.71
  • Association Fees:HOA Fee2: 92.8
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: Private
  • Appliances: Gas Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2950.0
  • Stories: 1
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: 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 Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Misting System, Built-in Barbecue
  • Lot Features: Waterfront Lot, Grass Front
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • 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:GazeboRamada: Yes
  • Exterior Features:Misting System: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: ENERGY STAR Qualified Equipment, Electric
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association #2 Fee: 80.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 92.8
  • Association Fee Frequency: Monthly
  • Association: Regatta at Val Vista
  • Association Name: Val Vista Lakes
  • Association Phone #2: 480-539-1396
  • Phone: 480-926-9694
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • 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 Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12070.0
  • Parcel #: 304-09-693

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 4656.0
  • Tax Book Number: 304.00
  • Tax Lot: 42
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 7, 2020
Sold by
Adair Ted and Third Servile Trust
Bought by
Harris Jason Melvin and Harris Jennifer Michelle
Seller's Agent
Chris Rapacz
PHC Hotel Advisors
Buyer's Agent
Christopher Vinson
Vinson Realty & Investment LLC
List Price
$824,999
Sold Price
$775,000
Premium/Discount to List
-$49,999
-6.06%
Current Estimated Value
$1,089,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,683
Avg. Annual Appreciation
7.16%
Original Mortgage
$775,000
Outstanding Balance
$689,981
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$399,702

Purchase Details

Closed on
Jul 6, 2019
Sold by
Adair Ted S
Bought by
Adair Ted S and Third Servile Trust

Purchase Details

Listed on
Sep 15, 2017
Closed on
Dec 21, 2017
Sold by
Burton Leona and Ralph Burton Survivor S Trust
Bought by
Adair Ted S
Seller's Agent
Maggie Diamond
Penfield Properties
Buyer's Agent
Karl Tunberg
eXp Realty
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$429,300
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Closed on
Feb 27, 2015
Sold by
Burton Leona and Cheff Cynthia Lynn
Bought by
Ralph Burton Survivors Trust

Purchase Details

Closed on
Nov 21, 1995
Sold by
Anderson Susan B
Bought by
Burton Ralph and Burton Leona

Purchase Details

Closed on
Jul 3, 1995
Sold by
Thomas Joe B and Thomas Melinda M
Bought by
Anderson Susan R

Purchase Details

Closed on
Aug 22, 1994
Sold by
Public Pension Fund Ii Lp
Bought by
Thomas Joe B and Thomas Melinda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.12%
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
Harris Jason Melvin $775,000 Magnus Title Agency Llc
Adair Ted S -- None Available
Adair Ted S $510,000 Clear Title Agency Of Arizon
Burton Leona -- Clear Title Agency Of Arizon
Ralph Burton Survivors Trust -- None Available
Burton Ralph $85,000 Transamerica Title Ins Co
Anderson Susan R $76,500 Transamerica Title Ins Co
Thomas Joe B $72,500 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Jason Melvin $775,000
Previous Owner Adair Ted S $429,300
Previous Owner Thomas Joe B $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2020 12/18/20 Sold $775,000 -3.0% $263 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/29/2020 10/29/20 Price Changed $799,000 -3.2% $271 / Sq Ft
10/23/2020 10/23/20 For Sale $824,999 +61.8% $280 / Sq Ft
12/28/2017 12/28/17 Sold $510,000 -2.9% $172 / Sq Ft View Prior Sale
11/30/2017 11/30/17 Pending -- -- --
11/20/2017 11/20/17 For Sale $525,000 0.0% $177 / Sq Ft
10/12/2017 10/12/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $525,000 -- $177 / 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 $4,879 $60,341 -- --
2024 $4,704 $57,467 -- --
2023 $4,704 $71,470 $14,290 $57,180
2022 $4,558 $55,320 $11,060 $44,260
2021 $4,735 $54,060 $10,810 $43,250
2020 $4,656 $50,610 $10,120 $40,490
2019 $4,283 $50,160 $10,030 $40,130
2018 $4,149 $46,860 $9,370 $37,490
2017 $3,561 $45,510 $9,100 $36,410
2016 $3,651 $45,680 $9,130 $36,550
2015 $1,787 $31,950 $6,390 $25,560
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Chris Rapacz

    PHC Hotel Advisors

    Section Image
  • Christopher Vinson

    Buyer's Agent in 2020

    Christopher Vinson

    Vinson Realty & Investment LLC

    (602) 705-5768

    2 in this area

    94 Total Sales

    Christopher Vinson
    Section Image
  • Maggie Diamond

    Seller's Agent in 2017

    Maggie Diamond

    Penfield Properties

    (602) 999-9991

    29 in this area

    75 Total Sales

    Maggie Diamond
    Section Image

  • K

    Buyer's Agent in 2017

    Karl Tunberg

    eXp Realty

    (480) 369-5130

    236 Total Sales

    Karl Tunberg
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6151440

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-09-693

Arizona Maricopa County Gilbert 85234 Val Vista

2003 E Catamaran Dr, Gilbert, AZ

Not Listed for Sale

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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