NOT LISTED FOR SALE

Estimated Value: $1,119,041 - $1,365,000

4 Beds
2.5 Baths
2,953 Sq Ft
$415/Sq Ft Est. Value

Last Sold March 24, 2015

Last sale price $565,000 $191 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $7,458/month

103 Days on Market

Highlights

  • Fitness Center
  • Lap Pool
  • Waterfront
  • Val Vista Lakes Elementary School Rated A-
  • Gated Community
  • 0.23 Acre Lot

About This Home

As of March 2015

Spectacular rare custom single level waterfront home located in the highly coveted Regatta at Val Vista Lakes. Enjoy 180 degree lake views from the living room, master bedroom, family room, kitchen, and patio. This beautiful split floor plan offers 4 bedrooms, 2.5 bathrooms with 3 car garage and lap pool. Owners spared no expense in upgrading this home. From converting the kitchen from electric to gas(for the gourmet cooks of the world), and plenty of new cabinets for storage and granite counter tops. Floors have been redone with real travertine, master bathroom has large custom glass shower, with new vanities, fixtures, floors. Majestic living room has oversized French doors to transition the living room and patio into a entertainers dream. Many other upgrades must see to appreciate

Last Listed By

Steve Hueter

Epique Realty License #BR552551000 Listed on: 11/06/2014

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,715

Year Built

  • Built in 1994

Lot Details

  • 9,897 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,953 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Doors with lever handles
  • Raised Toilet

Eco-Friendly Details

  • Mechanical Fresh Air

Outdoor Features

  • Lap Pool
  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 304-09-704

Community Details

Overview

  • Association fees include ground maintenance
  • Val Vista Lakes Association, Phone Number (480) 926-9694
  • Regatta @ Val Vista Association, Phone Number (480) 539-1396
  • Association Phone (480) 539-1396
  • Built by CUSTOM
  • The Regatta At Val Vista Lakes Subdivision

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

$3,715

Year Built

Built in 1994

Lot Details

0

HOA Fees

$161 per month

Parking

3

Listing Details

  • Cross Street: VAL VISTA & BASELINE
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Regatta @ Val Vista
  • HOA #2 Phone Number: 480-539-1396
  • HOA #2 Transfer Fee: 220.0
  • 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: 161.2
  • Basement: N
  • Cooling HVAC SEER Rating: 17
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2006
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2000
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2009
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2006
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2014
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2009
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2012
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2013
  • Directions: South on Val Vista to Lakeside Dr. East on Lakeside to the Regatta Gated entrance. Follow the road north to Clipper Lane. East on Clipper Lane to property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.23
  • Subdivision Name: The Regatta at Val Vista Lakes
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Fresh Air Mechanical
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 87.2
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Lever Handles, Bath Raised Toilet
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Intercom, Soft Water Loop, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 2953.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: 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
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Grass Front, Grass Back
  • Pool Features: Lap, Private
  • Pool Private: Yes
  • 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:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Tennis Court(s), Racquetball, Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management
  • Association #2 Fee: 74.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 87.2
  • Association Fee Frequency: Monthly
  • Association: Regatta @ 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: 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: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: Highland Elementary School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9897.0
  • Parcel #: 304-09-704
  • ResoLotSizeUnits: SquareFeet

Green Features

  • GreenEnergy Cert:Energy Star Cert: Yes

Building Info

  • Builder Name: CUSTOM

Tax Info

  • Tax Annual Amount: 3715.0
  • Tax Book Number: 304.00
  • Tax Lot: 53
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2014
Closed on
Mar 23, 2015
Sold by
Russell Thomas G and Russell Crystal A
Bought by
Rietzel William G and Rietzel Marilyn D
Seller's Agent
Steve Hueter
Epique Realty
Buyer's Agent
Johannes Rath
Coldwell Banker Realty
List Price
$599,000
Sold Price
$565,000
Premium/Discount to List
-$34,000
-5.68%
Total Days on Market
103
Current Estimated Value
$1,225,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$660,010
Avg. Annual Appreciation
7.91%
Original Mortgage
$417,000
Outstanding Balance
$323,331
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$901,679

Purchase Details

Closed on
Aug 6, 2004
Sold by
Russell Thomas G and Russell Crystal A
Bought by
Russell Thomas G and Russell Crystal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 2, 2003
Sold by
Russell Thomas G and Russell Crystal A
Bought by
Russell Thomas G and Russell Crystal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,500
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2001
Sold by
Russell Thomas G and Russell Crystal A
Bought by
Russell Thomas G and Russell Crystal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.97%

Purchase Details

Closed on
Jul 27, 2000
Sold by
Russell Thomas G and Russell Crystal A
Bought by
Russell Thomas G and Russell Crystal A

Purchase Details

Closed on
May 23, 2000
Sold by
Hampshire David and Hampshire David P
Bought by
Russell Thomas G and Russell Crystal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
8.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1996
Sold by
Johnson Richard A and Johnson Karen F
Bought by
Hampshire David and Hampshire David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
8.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 1994
Sold by
Jackson Properties Vvl Inc
Bought by
Johnson Ii Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,850
Interest Rate
8.57%
Mortgage Type
New Conventional

Range of Values:

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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
Rietzel William G $565,000 Fidelity Natl Title Agency I
Russell Thomas G -- --
Russell Thomas G -- Lawyers Title Insurance Corp
Russell Thomas G -- Lawyers Title Of Arizona Inc
Russell Thomas G -- Arizona Title Agency Inc
Russell Thomas G -- --
Russell Thomas G $337,000 Stewart Title & Trust
Hampshire David $287,000 Transnation Title Ins Co
Johnson Ii Richard A $237,959 Network Escrow & Title Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rietzel William G $417,000
Previous Owner Russell Thomas G $275,000
Previous Owner Russell Thomas G $50,000
Previous Owner Russell Thomas G $207,500
Previous Owner Russell Thomas G $235,000
Previous Owner Russell Thomas G $237,000
Previous Owner Hampshire David $256,500
Previous Owner Johnson Ii Richard A $193,850
Previous Owner Jackson Properties Vvl Inc $183,521
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2015 03/24/15 Sold $565,000 -5.7% $191 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $599,000 +6.0% $203 / Sq Ft
02/10/2015 02/10/15 Off Market $565,000 -- --
02/08/2015 02/08/15 For Sale $599,000 +6.0% $203 / Sq Ft
02/08/2015 02/08/15 Off Market $565,000 -- --
02/01/2015 02/01/15 Price Changed $599,000 -4.9% $203 / Sq Ft
11/06/2014 11/06/14 For Sale $630,000 -- $213 / 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 $5,280 $65,335 -- --
2024 $5,743 $62,224 -- --
2023 $5,743 $74,870 $14,970 $59,900
2022 $5,585 $57,070 $11,410 $45,660
2021 $5,777 $55,620 $11,120 $44,500
2020 $5,691 $52,380 $10,470 $41,910
2019 $5,287 $52,060 $10,410 $41,650
2018 $5,142 $48,630 $9,720 $38,910
2017 $4,973 $47,760 $9,550 $38,210
2016 $5,099 $48,100 $9,620 $38,480
2015 $4,650 $47,520 $9,500 $38,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5196282

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-09-704