NOT LISTED FOR SALE

Estimated Value: $607,000 - $664,000

5 Beds
3 Baths
2,258 Sq Ft
$281/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $506,000 $224 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,611/month

4 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Fireplace in Primary Bedroom
  • Val Vista Lakes Elementary School Rated A-
  • Community Lake
  • Vaulted Ceiling

About This Home

As of June 2021

Welcome to the highly sought after community of Val Vista Lakes in Gilbert! This two story, 5 bedroom, 3 bathroom home with 3 car garage and sparkling pool has the perfect floorplan with a bedroom and bathroom downstairs, huge gameroom or bonus suite upstairs, and a master retreat with viewing balcony and no neighbors behind. Within walking distance to the Lakeside Park, one of the many community parks in Val Vista Lakes, this home provides the opportunity for hours of fun in the sun with a private diving pool and lots of backyard space for BBQs, neighborhood gatherings, and more! Located in the popular Val Vista Lakes community, you'll enjoy outdoor recreation and amenities year round. The 900 acre water-wonderland consists of four spacious sports parks, meandering bicycle paths &... a luxurious clubhouse featuring an eight-court championship tennis complex, indoor racquetball courts, cardio and weight training facilities, junior Olympic swimming pool and spa, banquet and meeting rooms, and more! This is your opportunity to own one of the FEW available homes in this highly sought after neighborhood and truly make it your own!

Last Agent to Sell the Property

Mindy Jones

Real Broker License #BR649756000 Listed on: 05/07/2021

Co-Listed By

Kimberly Bloomquist-Ehlbeck

Real Broker License #SA684276000

Last Buyer's Agent

Jera Banks

Keller Williams Realty Phoenix License #SA664442000

Keller Williams Realty Phoenix

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,299

Year Built

  • Built in 1988

Lot Details

  • 6,151 Sq Ft Lot
  • Cul-De-Sac
  • Desert faces the back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $94 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,258 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Living Room with Fireplace
  • 2 Fireplaces
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 304-09-481

Community Details

Overview

  • Association fees include ground maintenance
  • 1St Service Resident Association, Phone Number (480) 551-4300
  • Built by AM Homes
  • Spinnaker Bay Lot 1 85 Tr A E Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,299

Year Built

Built in 1988

Lot Details

0

HOA Fees

$94 per month

Parking

3

Listing Details

  • Cross Street: Val Vista & Baseline
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 94.1
  • Basement: N
  • Items Updated Ht Cool Yr Updated: 2016
  • Items Updated Roof Yr Updated: 2006
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1988
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: kwif01
  • Co List Office Phone: 480-854-2400
  • Subdivision Name: SPINNAKER BAY LOT 1-85 TR A-E
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 224.09
  • Association Fees:HOA Fee2: 94.1
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Water Purifier
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Soft Water Loop, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, Laminate Counters
  • Living Area: 2258.0
  • 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
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Cul-De-Sac, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • 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:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • 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, Community Spa, Community Spa Htd, Community Pool, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 94.1
  • Association Fee Frequency: Monthly
  • Association Name: Val Vista Lakes
  • Phone: 480-926-9694
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 155.0
  • 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 Management Company: 1st Service Resident
  • Association Fees:HOA Management Phone: 4805514300

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: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6151.0
  • Parcel #: 304-09-481

Building Info

  • Builder Name: AM Homes

Tax Info

  • Tax Annual Amount: 2299.0
  • Tax Book Number: 304.00
  • Tax Lot: 2
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 4, 2021
Sold by
Cully Scott Lewis and Morgan Cully Hillary
Bought by
Mathwig John M and Mathwig Kathleen S
Seller's Agent
Mindy Jones
Real Broker
Buyer's Agent
Jera Banks
Keller Williams Realty Phoenix
List Price
$470,000
Sold Price
$506,000
Premium/Discount to List
$36,000
7.66%
Current Estimated Value
$633,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,900
Avg. Annual Appreciation
5.14%
Original Mortgage
$404,800
Outstanding Balance
$366,496
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$267,404

Purchase Details

Closed on
Feb 27, 2003
Sold by
Bohlen Thomas D and Bohlen Ann Sherry
Bought by
Cully Scott Lewis and Morgan Cully Hillary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Mathwig John M $506,000 Fidelity Natl Ttl Agcy Inc
Cully Scott Lewis -- Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathwig John M $404,800
Previous Owner Cully Scott Lewis $179,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2021 06/08/21 Sold $506,000 +7.7% $224 / Sq Ft
05/06/2021 05/06/21 For Sale $470,000 -- $208 / 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 $2,352 $31,080 -- --
2024 $2,277 $29,600 -- --
2023 $2,277 $41,380 $8,270 $33,110
2022 $2,209 $32,450 $6,490 $25,960
2021 $2,335 $31,060 $6,210 $24,850
2020 $2,299 $28,980 $5,790 $23,190
2019 $2,114 $27,060 $5,410 $21,650
2018 $2,052 $25,700 $5,140 $20,560
2017 $1,982 $24,610 $4,920 $19,690
2016 $2,043 $24,160 $4,830 $19,330
2015 $1,871 $24,180 $4,830 $19,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6231848

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-09-481