NOT LISTED FOR SALE

1274 E Lake Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $564,000 - $657,000

4 Beds
2 Baths
1,975 Sq Ft
$314/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $486,000 $246 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,441/month

11 Days on Market

Highlights

  • 0.25 Acre Lot
  • Community Lake
  • Vaulted Ceiling
  • Sonoma Ranch Elementary School Rated A-
  • Contemporary Architecture
  • Covered Patio or Porch

About This Home

As of January 2021

Completely Remodeled home located in a gorgeous lake community in Gilbert, AZ! The immaculate interior offers an OPEN floor plan laid out with 4 bedrooms (one is being used as an office), 2 bathrooms, two living rooms, custom kitchen, and laundry room. The entire home has been updated. NEWER cabinets, NEWER stainless steel appliances, NEWER Lighting, Newer Roof and so much more! The master bedroom features private access to the backyard, A CUSTOM en-suite bathroom with a resort like shower, walk-in closet and double vanity sinks. The backyard is HUGE. Plenty of room to ADD a POOL and/or RV gate. Don't forget about the 3 car garage. This is a MUST SEE! Set up your appointment now!

Last Agent to Sell the Property

Edgar Chavez

Momentum Brokers LLC License #BR661269000 Listed on: 11/20/2020

Last Buyer's Agent

Theresa Jones

West USA Realty License #BR536417000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,549

Year Built

  • Built in 1994

Lot Details

  • 0.25 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,975 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Sonoma Ranch Elementary School
  • Greenfield Elementary Middle School
  • Gilbert High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 309-01-457

Community Details

Overview

  • Association fees include ground maintenance
  • Wind Drft Association, Phone Number (480) 635-1133
  • Built by Elliot
  • East Lake At Wind Drift Lot 1 46 Tr A,B Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,549

Year Built

Built in 1994

Lot Details

0

HOA Fees

$40 per month

Parking

3

Listing Details

  • Cross Street: Val Vista Dr & Elliot Rd
  • 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: 40.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1994
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.25
  • Subdivision Name: EAST LAKE AT WIND DRIFT LOT 1-46 TR A,B
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 246.08
  • Association Fees:HOA Fee2: 40.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1975.0
  • Stories: 1
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back
  • Pool Features: None
  • 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

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • 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: Lake, Playground, Biking/Walking Path
  • Association Fee: 40.0
  • Association Fee Frequency: Monthly
  • Association Name: WIND DRFT
  • Phone: 480-635-1133
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: WIND DRFT
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Sonoma Ranch Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10907.0
  • Parcel #: 309-01-457

Building Info

  • Builder Name: Elliot

Tax Info

  • Tax Annual Amount: 2549.0
  • Tax Book Number: 309.00
  • Tax Lot: 33
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Dec 9, 2020
Sold by
Cesario John and Cesario Paulette M
Bought by
Pane Ryan
Seller's Agent
Edgar Chavez
Momentum Brokers LLC
Buyer's Agent
Theresa Jones
West USA Realty
List Price
$479,900
Sold Price
$486,000
Premium/Discount to List
$6,100
1.27%
Current Estimated Value
$619,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,850
Avg. Annual Appreciation
4.99%
Original Mortgage
$461,700
Outstanding Balance
$411,051
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$208,799

Purchase Details

Closed on
May 31, 2019
Sold by
Schmidt James A
Bought by
Cesario John and Cesario Paulette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2005
Sold by
Wolters Robert G and Wolters Jean A
Bought by
Schmidt James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,350
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
Schmidt Vicki
Bought by
Schmidt James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,350
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 1997
Sold by
Rhiner Mark A and Rhiner Rhonda Lynn
Bought by
Wolters Robert G and Wolters Jean Ann
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
Pane Ryan $486,000 Fidelity Natl Ttl Agcy Inc
Cesario John $279,700 Empire West Title Agency Llc
Schmidt James A $345,000 Stewart Title & Trust Of Pho
Schmidt James A -- Stewart Title & Trust Of Pho
Wolters Robert G $142,900 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pane Ryan $461,700
Previous Owner Cesario John $240,000
Previous Owner Schmidt James A $247,350
Previous Owner Schmidt James A $247,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2021 01/06/21 Sold $486,000 +1.5% $246 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/26/2020 11/26/20 Price Changed $479,000 -0.2% $243 / Sq Ft
11/20/2020 11/20/20 For Sale $479,900 0.0% $243 / Sq Ft
02/20/2014 02/20/14 Rented $1,425 0.0% --
02/03/2014 02/03/14 Under Contract -- -- --
01/23/2014 01/23/14 For Rent $1,425 -8.1% --
05/25/2012 05/25/12 Rented $1,550 -2.8% --
05/16/2012 05/16/12 Under Contract -- -- --
04/27/2012 04/27/12 For Rent $1,595 -- --
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 $1,960 $28,917 -- --
2024 $2,145 $27,540 -- --
2023 $2,145 $39,820 $7,960 $31,860
2022 $2,077 $31,280 $6,250 $25,030
2021 $2,189 $30,510 $6,100 $24,410
2020 $2,549 $27,580 $5,510 $22,070
2019 $2,374 $26,450 $5,290 $21,160
2018 $2,318 $24,460 $4,890 $19,570
2017 $2,247 $22,820 $4,560 $18,260
2016 $2,310 $22,130 $4,420 $17,710
2015 $2,065 $20,100 $4,020 $16,080
Source: Public Records

Agents Affiliated with this Home

  • Edgar Chavez

    Seller's Agent in 2021

    Edgar Chavez

    Momentum Brokers LLC

    (602) 577-4379

    2 in this area

    171 Total Sales

    Edgar Chavez
    Section Image
  • Theresa Jones

    Buyer's Agent in 2021

    Theresa Jones

    West USA Realty

    (602) 499-9985

    2 in this area

    81 Total Sales

    Theresa Jones
    Section Image
  • Vicki Schmidt

    Seller's Agent in 2014

    Vicki Schmidt

    X-Sell Properties

    (303) 521-6440

    13 Total Sales

    Vicki Schmidt
    Section Image
  • Rachael Endsley

    Buyer's Agent in 2014

    Rachael Endsley

    Realty One Group

    (480) 430-0430

    26 Total Sales

    Rachael Endsley
    Section Image

  • S

    Buyer's Agent in 2012

    Scott Stilgenbauer

    Long Realty Partners

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6162964

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-01-457

Arizona Maricopa County Gilbert 85234 Val Vista

1274 E Lake Dr, Gilbert, AZ

Not Listed for Sale

Detached

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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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