NOT LISTED FOR SALE

1316 E Treasure Cove Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $1,202,000 - $2,418,000

3 Beds
4 Baths
5,674 Sq Ft
$318/Sq Ft Est. Value

Last Sold April 29, 2013

Last sale price $860,000 $152 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $11,301/month

121 Days on Market

Highlights

  • Fitness Center
  • Heated Spa
  • Waterfront
  • Val Vista Lakes Elementary School Rated A-
  • Gated Community
  • 0.33 Acre Lot

About This Home

As of April 2013

Remodeled! Coveted lakefront custom built luxury home in West Lake Estates in Val Vista Lakes. This superb home was built by Gary Gietz Master Builders. You will envy the exquisite finishes & fine craftsmanship in every detail of this home including the beautiful woodwork, crown moldings, large baseboards, trim & built in cabinets, shelves, entertainment center & coffered ceiling in the library/office. There is also a separate adjoining hobby room/2nd office. Enjoy the 3 fireplaces with marble surrounds. Home has 3 full and 2 half baths. Home is in a gated community & owners have access to the fabulous Val Vista Lake Center with tennis courts, indoor racquetball courts, workout facilities, swimming pools & spa, meeting rooms & waterfalls. Listing agent is related to seller.

Last Agent to Sell the Property

Norm Tanner

Gentry Real Estate License #SA567823000 Listed on: 11/17/2012

Last Buyer's Agent

Erik Walbot

Realty ONE Group License #SA525511000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,814

Year Built

  • Built in 1991

Lot Details

  • 0.33 Acre Lot
  • Waterfront
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,674 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Easy To Use Faucet Levers
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Intercom

Accessible Home Design

  • Grab Bar In Bathroom
  • No Interior Steps
  • Accessible Approach with Ramp
  • Stepless Entry

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Filtration System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 304-96-737

Community Details

Overview

  • Val Vista Lakes HOA, Phone Number (480) 926-9694
  • West Lake Estates Association, Phone Number (480) 889-2643
  • Association Phone (480) 889-2643
  • Built by Gary Gietz Master Builder
  • Val Vista Lakes West Lake Estates Subdivision, Custom Floorplan
  • Community Lake

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

$5,814

Year Built

Built in 1991

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Cross Street: Val Vista & Baseline
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2 Fee: 100.0
  • HOA #2 Name: West Lake Estates
  • HOA #2 Phone Number: 480-889-2643
  • HOA #2 Transfer Fee: 215.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: Y
  • Recreation Center Paid Frequency: Monthly
  • Total Monthly Fee Equivalent: 187.2
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1991
  • Tax Year: 2012
  • Directions: South to second light on west side of Val Vista to West Lakes Estates entrance. Must have gate code to enter. Once through the gate turn left and follow street around to the house on the right side.
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.33
  • Subdivision Name: Val Vista Lakes - West Lake Estates
  • Efficiency: Multi-Pane Wndws
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 87.2
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Wood
  • Spa Features: Community, Heated, None
  • Accessibility Features: Zero-Grade Entry, Accessible Approach with Ramp, Bath Lever Faucets, Bath Grab Bars
  • Possible Bedrooms: 7
  • Total Bedrooms: 3
  • Fireplace Features: 3+ Fireplace
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Walk-In Closet(s), Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Intercom, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 5674.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: 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
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Lake Subdivision: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Community, Heated, None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Separate Strge Area, Tandem
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned, Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Lake Subdivision, Pool, Tennis Court(s), Racquetball, Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 100.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association: West Lake Estates
  • Association Name: Val Vista Lakes HOA
  • Association Phone #2: 480-889-2643
  • 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 HOA
  • 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_: $

Schools

  • Elementary School: Val Vista Lakes Elementary School
  • High School: Highland High School
  • Middle Or Junior School: Highland Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14436.0
  • Parcel #: 304-96-737
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Gary Gietz Master Builder

Tax Info

  • Tax Annual Amount: 5814.0
  • Tax Book Number: 304.00
  • Tax Lot: 48
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Fayad Wissam and Fayad Yana
Bought by
Fayad Wissam A and Fayad Yana
Current Estimated Value
$1,923,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Outstanding Balance
$437,216
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,459,197

Purchase Details

Listed on
Nov 17, 2012
Closed on
Apr 19, 2013
Sold by
Tanner Bertha P
Bought by
Fayad Wissam and Fayad Yana
Seller's Agent
Norm Tanner
Gentry Real Estate
Buyer's Agent
Erik Walbot
Realty ONE Group
List Price
$885,000
Sold Price
$860,000
Premium/Discount to List
-$25,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$668,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Fayad Wissam A -- First American Title Ins Co
Fayad Wissam $860,000 Title365 Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fayad Wissam A $570,000
Closed Fayad Wissam $668,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2013 04/29/13 Sold $860,000 -2.8% $152 / Sq Ft
03/19/2013 03/19/13 For Sale $885,000 0.0% $156 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
02/13/2013 02/13/13 Price Changed $885,000 -0.6% $156 / Sq Ft
02/06/2013 02/06/13 Price Changed $890,000 -0.6% $157 / Sq Ft
01/29/2013 01/29/13 Price Changed $895,000 -0.4% $158 / Sq Ft
01/22/2013 01/22/13 Price Changed $899,000 -0.1% $158 / Sq Ft
01/17/2013 01/17/13 Price Changed $899,500 0.0% $159 / Sq Ft
01/09/2013 01/09/13 Price Changed $899,900 -3.2% $159 / Sq Ft
01/03/2013 01/03/13 Price Changed $930,000 -1.1% $164 / Sq Ft
12/31/2012 12/31/12 Price Changed $940,000 -1.1% $166 / Sq Ft
12/23/2012 12/23/12 Price Changed $950,000 -1.0% $167 / Sq Ft
12/18/2012 12/18/12 Price Changed $960,000 -1.0% $169 / Sq Ft
12/07/2012 12/07/12 Price Changed $970,000 -1.0% $171 / Sq Ft
12/01/2012 12/01/12 Price Changed $980,000 -0.5% $173 / Sq Ft
11/27/2012 11/27/12 Price Changed $985,000 -1.0% $174 / Sq Ft
11/17/2012 11/17/12 For Sale $995,000 -- $175 / 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 $8,066 $99,104 -- --
2024 $8,111 $94,385 -- --
2023 $8,111 $113,760 $22,750 $91,010
2022 $7,872 $85,610 $17,120 $68,490
2021 $8,252 $82,370 $16,470 $65,900
2020 $8,395 $80,910 $16,180 $64,730
2019 $7,927 $79,250 $15,850 $63,400
2018 $7,693 $80,780 $16,150 $64,630
2017 $7,421 $79,750 $15,950 $63,800
2016 $7,624 $79,060 $15,810 $63,250
2015 $6,899 $81,070 $16,210 $64,860
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Norm Tanner

    Gentry Real Estate

    Section Image
  • Erik Walbot

    Buyer's Agent in 2013

    Erik Walbot

    Realty One Group

    (602) 430-7519

    59 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4851470

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-96-737

Arizona Maricopa County Gilbert 85234 Val Vista

1316 E Treasure Cove Dr, Gilbert, AZ

This home is located at 1316 E Treasure Cove Dr, Gilbert, AZ 85234 since 17 November 2012 and is currently estimated at $1,802,761, approximately $317 per square foot. This property was built in 1991. 1316 E Treasure Cove Dr is a home located in Maricopa County with nearby schools including Val Vista Lakes Elementary School, Greenfield Junior High School, and Challenger Basic School.

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.

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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