NOT LISTED FOR SALE

2003 E Catamaran Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $806,000 - $1,109,000

4 Beds

3.5 Baths

2,950 Sq Ft

$343/Sq Ft Est. Value

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

Est. 30% increase in value since last sale

Current estimated payment $6,221/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 Listed By

Chris Rapacz

PHC Hotel Advisors License #SA678197000 Listed on: 10/24/2020

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

Outdoor Features

Spa
Balcony
Covered patio or porch
Gazebo
Built-In Barbecue

Schools

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

Utilities

Refrigerated Cooling System
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

Amenities

Clubhouse
Recreation Room

Recreation

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

Security

Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,656

Year Built

Built in 1997

Lot Details

HOA Fees

$173 per month

Parking

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
Directions: South Val Vista ** Left turn at Lakeside Drive ** Drive down until you see the Regatta community on the left side of street ** Left into gate and go all the way down till you come to Catamaran
Property Sub Type: Single Family - Detached
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
ResoBuildingAreaSource: Owner
Association Fees:HOA Fee2: 92.8
Special Features: None

Interior Features

Flooring: Stone, Tile, Wood
Basement YN: No
Spa Features: Private
Possible Bedrooms: 6
Total Bedrooms: 4
Fireplace Features: 1 Fireplace, None
Fireplace: No
Interior Amenities: Master Downstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
Living Area: 2950.0
Stories: 1
Window Features: ENERGY STAR Qualified Windows, Double Pane Windows
ResoLivingAreaSource: Owner
Fireplace:No Fireplace: Yes
Community Features:ClubhouseRec Room: Yes
Community Features:Community Pool: Yes
Kitchen Features:RangeOven Gas: Yes
Kitchen Features:Built-in Microwave: Yes
Fireplace:_one_ Fireplace: 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:Family Room: Yes
Community Features:HandballRacquetball: Yes
Kitchen Features:Wall Oven(s): 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
Kitchen Features:Multiple Ovens: Yes
Community Features:Lake Subdivision: Yes

Exterior Features

Fencing: Wrought Iron
Exterior Features: Balcony, Covered Patio(s), Gazebo/Ramada, Misting System, Patio, Built-in Barbecue
Lot Features: Grass Front
Pool Features: None
Pool Private: No
Waterfront: Yes
Disclosures: Seller Discl Avail
Construction Type: Painted, Stucco, Frame - Wood
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: Refrigeration, Ceiling Fan(s), ENERGY STAR Qualified Equipment
Heating: Electric
Laundry Features: Engy Star (See Rmks)
Water Source: City Water
Heating:Electric: Yes
Heating:ENERGY STAR Qualified Equipment2: 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, Biking/Walking Path, Clubhouse, 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:HOA Telephone4: 4809269694
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_: $
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
ResoLotSizeUnits: Acres

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

Dec 2020 - Present Harris Jason Melvin and Harris Jennifer Michelle 4 Years and 5 Months

Private Individual

Purchase Details

Listed on

Oct 24, 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%

Total Days on Market

Current Estimated Value

$1,010,691

Estimated Appreciation

$235,691

Avg. Annual Appreciation

8.05%

Original Mortgage

$775,000

Interest Rate

2.7%

Mortgage Type

Jul 2019 - Dec 2020 Adair Ted S and Third Servile Trust 1 Year and 5 Months

Private Individual

Purchase Details

Closed on

Jul 6, 2019

Sold by

Adair Ted S

Bought by

Adair Ted S and Third Servile Trust

Dec 2017 - Jul 2019 Adair Ted S 1 Year and 7 Months

Private Individual

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

Citiea

List Price

$525,000

Sold Price

$510,000

Premium/Discount to List

-$15,000

-2.86%

Avg. Annual Appreciation

10.84%

Original Mortgage

$429,300

Interest Rate

3.95%

Mortgage Type

Feb 2015 - Dec 2017 Ralph Burton Survivors Trust 2 Years and 10 Months

Private Individual

Purchase Details

Closed on

Feb 27, 2015

Sold by

Burton Leona and Cheff Cynthia Lynn

Bought by

Ralph Burton Survivors Trust

Nov 1995 - Feb 2015 Burton Ralph and Burton Leona 19 Years and 3 Months

Private Individual

Purchase Details

Closed on

Nov 21, 1995

Sold by

Anderson Susan B

Bought by

Burton Ralph and Burton Leona

Jul 1995 - Nov 1995 Anderson Susan R 4 Months

Private Individual

Purchase Details

Closed on

Jul 3, 1995

Sold by

Thomas Joe B and Thomas Melinda M

Bought by

Anderson Susan R

Aug 1994 - Jul 1995 Thomas Joe B and Thomas Melinda M 11 Months

Private Individual

Purchase Details

Closed on

Aug 22, 1994

Sold by

Public Pension Fund Ii Lp

Bought by

Thomas Joe B and Thomas Melinda M

Original Mortgage

$58,000

Interest Rate

7.12%

Mortgage Type

New Conventional

Average Value

Not Available

List Price

Sold Price

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Purchase History

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

Status	Borrower	Loan Amount
Open	Harris Jason Melvin	$90,000
Open	Harris Jason Melvin	$770,033
Closed	Harris Jason Melvin	$775,000
Closed	Harris Jason Melvin	$775,000
Previous Owner	Adair Ted S	$136,998
Previous Owner	Adair Ted S	$429,300
Previous Owner	Thomas Joe B	$58,000

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
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
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

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	$4,677	$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

Seller's Agent in 2020

Chris Rapacz

PHC Hotel Advisors

(928) 530-2227
Buyer's Agent in 2020

Christopher Vinson

Vinson Realty & Investment LLC

(602) 705-5768

2 in this area

108 Total Sales

Christopher Vinson
Seller's Agent in 2017

Maggie Diamond

Penfield Properties

(602) 999-9991

29 in this area

86 Total Sales

Maggie Diamond
K

Buyer's Agent in 2017

Karl Tunberg

Citiea

(480) 369-5130

3 in this area

355 Total Sales

Karl Tunberg

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6151440

APN: 304-09-693

Arizona Maricopa County Gilbert 85234 Val Vista

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.

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

Nearby Homes

2003 E Catamaran Dr Gilbert, AZ 85234

Last Sold December 18, 2020

Highlights

About This Home

Home Details

Community Details

Home Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Purchase Details

Home Financials for this Owner

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Home Financials for this Owner

Similar Homes in the area

Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

Map