NOT LISTED FOR SALE

1320 E Treasure Cove Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $1,554,918

5 Beds
5.5 Baths
4,584 Sq Ft
$339/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $960,000 $209 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,907/month

10 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 November 2019

THE WAIT IS OVER! Luxurious WATERFRONT home in the exclusive gated enclave of West Lake Estates, Val Vista Lakes most prestigious custom communities offers TREMENDOUS VALUE! Showcasing spectacular sweeping lake views & lush gardens from nearly every room, this home offers an abundance of timeless architectural details and custom finishes. The grand entryway w/ a dramatic staircase leads to the large living and dining rooms w/ floor to ceiling windows, allowing an abundance of natural light and captivating LAKE VIEWS. Custom detailed features include elegant granite & wood floors, detailed millwork, custom built-ins & cabinetry, & varied tray ceilings. The light and open gourmet kitchen offers a classic pairing of white cabinetry & gleaming black granite counters, stainless steel appliances w/ dual ovens, natural gas cooktop, large pantry & opens to the family & breakfast rooms w/ walls of windows and stunning lake views. Additional main level rooms include an executive office w/ private courtyard entrance & wet bar, 1.5 BA, 1 BR & ensuite BA, laundry & 3 car garage w/ storage. Second level includes a catwalk & split large master suite w/ a private balcony overlooking the lake, master bath w/ dual sinks, jetted tub, lg shower & lg walk-in closet & 3 additional BR's & 2 BA's. Enjoy the entertaining backyard equipped w/ a heated pool & spa, custom stone built-in fireplace, covered patio, putting green & DIRECT LAKE ACCESS from your PRIVATE BOAT DOCK. Live the Val Vista Lakes lifestyle that everyone desires - Lakefront Clubhouse w/ a sandy beach & pool, tennis courts, work out facilities, nearby shopping, restaurants, DOWNTOWN GILBERT & freeway access. Don't miss this opportunity!

Last Agent to Sell the Property

Renee Merritt

Keller Williams Arizona Realty License #SA572109000 Listed on: 10/04/2019

Keller Williams Arizona Realty

Co-Listed By

Christine Anthony

Russ Lyon Sotheby's International Realty License #SA631831000

Last Buyer's Agent

Laura Wals

Call Realty, Inc. License #SA584306000

Call Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,443

Year Built

  • Built in 1998

Lot Details

  • 0.33 Acre Lot
  • Waterfront
  • Private Streets
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,584 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Smart Home
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Heated Pool
  • Diving Board

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 304-96-739

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Brown Management Association, Phone Number (480) 539-1396
  • Val Vista Lakes Association, Phone Number (480) 926-9694
  • Association Phone (480) 926-9694
  • Built by Custom
  • West Lake Estates Val Vista Lakes Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,443

Year Built

Built in 1998

Lot Details

0

HOA Fees

$191 per month

Parking

3

Listing Details

  • Cross Street: Baseline & Val Vista
  • 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: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 191.25
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2007
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2017
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2016
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2017
  • Items Updated Roof Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Spa Private: Yes
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.33
  • Co List Office Mls Id: lyon24
  • Co List Office Phone: 480-750-7424
  • Subdivision Name: WEST LAKE ESTATES - VAL VISTA LAKES
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 209.42
  • Association Fees:HOA Fee2: 100.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Soft Water Loop, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4584.0
  • Stories: 2
  • Window Features: 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
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Private Street(s), Private Yard
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Grass Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Heated, Private
  • Waterfront: Yes
  • 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
  • Exterior Features:Private Street(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association #2 Fee: 91.25
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 100.0
  • Association Fee Frequency: Monthly
  • Association: Val Vista Lakes
  • Association Name: West Lake
  • 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: West Lake
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Management
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14545.0
  • Parcel #: 304-96-739

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 7443.0
  • Tax Book Number: 304.00
  • Tax Lot: 50
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Oct 29, 2019
Sold by
Wals Laura and Wals John
Bought by
Wals Laura and Wals John
Seller's Agent
Renee Merritt
Keller Williams Arizona Realty
Buyer's Agent
Laura Wals
Call Realty, Inc.
List Price
$995,000
Sold Price
$960,000
Premium/Discount to List
-$35,000
-3.52%
Current Estimated Value
$1,554,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,918
Avg. Annual Appreciation
8.13%
Original Mortgage
$816,000
Outstanding Balance
$718,584
Interest Rate
3.65%
Mortgage Type
VA
Estimated Equity
$836,334

Purchase Details

Closed on
Dec 29, 2015
Sold by
Rastegar John
Bought by
Jafari Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2006
Sold by
Stallings Bradley D
Bought by
Rastegar John and Rastegar Homa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 16, 1997
Sold by
Whitman Frank E
Bought by
Stallings Bradley D and Stallings Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1994
Sold by
Estates At West Lake L L C
Bought by
Whitman Frank E and Whitman Gayle Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.37%
Mortgage Type
New Conventional
Source: Public Records
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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
Wals Laura -- Accommodation
Wals Laura $960,000 Great American Title Agency
Jafari Mary -- Great American Title Agency
Jafari Mary $900,000 First American Title Ins Co
Rastegar John $1,450,000 Capital Title Agency Inc
Stallings Bradley D $140,000 Security Title Agency
Whitman Frank E $120,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wals Laura $816,000
Previous Owner Jafari Mary $1,000,000
Previous Owner Rastegar John $245,000
Previous Owner Rastegar John $999,999
Previous Owner Stallings Bradley D $105,000
Previous Owner Whitman Frank E $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $960,000 -3.5% $209 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $995,000 -- $217 / 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 $7,030 $93,154 -- --
2024 $7,588 $88,718 -- --
2023 $7,588 $106,080 $21,210 $84,870
2022 $7,363 $80,470 $16,090 $64,380
2021 $7,743 $77,630 $15,520 $62,110
2020 $7,808 $75,630 $15,120 $60,510
2019 $7,443 $74,160 $14,830 $59,330
2018 $7,294 $75,560 $15,110 $60,450
2017 $7,036 $73,450 $14,690 $58,760
2016 $7,229 $72,230 $14,440 $57,790
2015 $7,139 $72,170 $14,430 $57,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5988143

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-96-739