NOT LISTED FOR SALE

Estimated Value: $1,208,080 - $1,304,000

5 Beds
4.5 Baths
3,716 Sq Ft
$338/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $786,000 $212 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,263/month

69 Days on Market

Highlights

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

About This Home

As of September 2019

This is IT ! No need to remodel or update a thing in this professionally designed HOME. Beautiful Val Vista Lakes waterfront home in the REGATTA subdivision. Beauttiful kitchen with large bay breakfast room overlooking the pool & rear yard. Formal dining & living room with custom designed ceiling. Family room with electric fireplace (no messes to clean) travertine stone, and soaring ceilings. Large wall of glass sliding doors open out onto the covered patio, ideal for parties. Large master on main level with beautiful spa-like master bathroom. His & hers closets and vanities! Large room on main floor for office or 2nd bedroom! Upstairs are two XL bedrooms, 1 bath + ensuite bed & bathroom! Basement has a unique walk out patio off the game room. Large bedroom & full bath with huge storage room. This is such a dream space with unlimited possibilities! Backyard has a crystal clear play pool, new boat dock for that electric boat you've always dreamed of, and plenty of space to run & play. Val Vista Lakes has a great clubhouse with sand-entry lagoon, Jr. Olympic pool, tennis, racquetball & pickle-ball courts. Cardio & weight rooms available along with classes for Yoga and cardio. Many organized events through out the year. Convenient to shopping, dining, parks, freeway access and excellent schools.

Last Agent to Sell the Property

Barbi King

Keller Williams Integrity First License #SA546189000 Listed on: 05/23/2019

Keller Williams Integrity First

Last Buyer's Agent

Annette Holmes

SERHANT. License #SA636890000

SERHANT.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,007

Year Built

  • Built in 1988

Lot Details

  • 0.25 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Private Streets
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,716 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Finished Basement
  • Walk-Out Basement
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Built-In Barbecue

Schools

  • Val Vista Lakes Elementary School
  • Gilbert Junior High School
  • Gilbert High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 92
  • Assessor Parcel Number 304-09-743

Community Details

Overview

  • Association fees include ground maintenance
  • Regatta Association, Phone Number (480) 539-1396
  • Val Vista Lakes Association, Phone Number (480) 926-9694
  • Association Phone (480) 926-9694
  • Built by Custom
  • Regatta At Val Vista Lakes Subdivision, Custom Floorplan
  • Community Lake

Amenities

  • Theater or Screening Room
  • 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

$5,007

Year Built

Built in 1988

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Cross Street: Val Vista Lakes
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Val Vista Lakes
  • HOA #2 Phone Number: 480-926-9694
  • 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: 165.25
  • Basement: Y
  • 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: 2019
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1988
  • Tax Year: 2018
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.25
  • Subdivision Name: REGATTA AT VAL VISTA LAKES
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 211.52
  • Association Fees:HOA Fee2: 74.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Finished
  • Flooring: Carpet, Tile
  • Basement YN: Yes
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Master Downstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3716.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: 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
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Other Rooms:Loft: Yes
  • Basement Description:Walkout: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Street(s), Storage, Built-in Barbecue
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Corner Lot, Cul-De-Sac, Grass Front, Grass Back
  • Pool Features: Diving Pool, Private
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • 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:Storage: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Community Media Room, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association #2 Fee: 91.25
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 74.0
  • Association Fee Frequency: Monthly
  • Association: Val Vista Lakes
  • Association Name: Regatta
  • Association Phone #2: 480-926-9694
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Regatta
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10881.0
  • Parcel #: 304-09-743

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 5007.0
  • Tax Book Number: 304.00
  • Tax Lot: 92
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Sep 3, 2019
Sold by
Reed Orris E
Bought by
Roco Vincent and Roco Susan
Seller's Agent
Barbi King
Keller Williams Integrity First
Buyer's Agent
Annette Holmes
SERHANT.
List Price
$850,000
Sold Price
$786,000
Premium/Discount to List
-$64,000
-7.53%
Current Estimated Value
$1,256,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,770
Avg. Annual Appreciation
7.84%
Original Mortgage
$628,800
Outstanding Balance
$551,905
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$704,865

Purchase Details

Closed on
Feb 16, 2000
Sold by
Mcdonald A Melvin and Mcdonald Cynthia A
Bought by
Reed Orris E

Purchase Details

Closed on
Apr 27, 1999
Sold by
Mcdonald Andrew and Mcdonald Cynthia A
Bought by
Mcdonald A Melvin and Mcdonald Cynthia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.98%
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
Roco Vincent $786,000 Title Alliance Of Phoenix Ag
Reed Orris E $350,000 Capital Title Agency
Mcdonald A Melvin -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roco Vincent $628,800
Previous Owner Mcdonald A Melvin $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold $786,000 -1.8% $212 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/15/2019 07/15/19 Price Changed $800,000 -3.0% $215 / Sq Ft
06/03/2019 06/03/19 Price Changed $825,000 -2.9% $222 / Sq Ft
05/23/2019 05/23/19 For Sale $850,000 -- $229 / 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 $5,772 $70,175 -- --
2024 $5,568 $66,834 -- --
2023 $5,568 $79,760 $15,950 $63,810
2022 $5,399 $60,620 $12,120 $48,500
2021 $5,652 $59,020 $11,800 $47,220
2020 $5,559 $55,400 $11,080 $44,320
2019 $5,166 $55,120 $11,020 $44,100
2018 $5,007 $52,170 $10,430 $41,740
2017 $4,824 $52,080 $10,410 $41,670
2016 $4,961 $52,900 $10,580 $42,320
2015 $4,471 $52,570 $10,510 $42,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5930240

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-09-743