NOT LISTED FOR SALE

1321 E Treasure Cove Dr Unit 2 Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $1,056,000 - $1,454,000

4 Beds
4 Baths
4,501 Sq Ft
$285/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $740,000 $164 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,335/month

32 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Gated Parking
  • Val Vista Lakes Elementary School Rated A-
  • RV Access or Parking
  • Gated Community

About This Home

As of June 2019

Beautiful basement home in the highly sought after Val Vista Lakes gated community. Open floor plan with tall ceilings & fireplace in the family room. Upgraded cabinets & countertops in the kitchen along w/ wood flooring in accent areas. Home provides the benefit of 2 master suites. Large open basement w/ additional kitchen & bedroom. 5th car garage has been converted to a work out room with ventilation. Home has recently been painted & new carpet has been installed in the bedrooms. AC's have been replaced & have warranties. Over $100K recently put into the landscaping renovation including travertine pavers, premium turf, putting green, water feature, lighting, sports court etc. Large pool w/ newly installed salt water system. Amazing home in a great neighborh

Last Agent to Sell the Property

William May

Breinholt May Realty & Investments License #BR542648000 Listed on: 03/20/2019

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,772

Year Built

  • Built in 1988

Lot Details

  • 0.26 Acre Lot
  • Private Streets
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

Parking

  • 5 Car Garage
  • Garage ceiling height seven feet or more
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Gated Parking
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,501 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Home Security

  • Security System Leased
  • Intercom

Pool

  • Private Pool
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 304-96-745

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, trash
  • Brown Community Mgmt Association, Phone Number (480) 539-1396
  • West Lake Estates Association, Phone Number (480) 539-1396
  • Association Phone (480) 539-1396
  • West Lake Estates Subdivision, Gated Community Floorplan
  • Community Lake

Amenities

  • Recreation Room
  • Community Media 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

$4,772

Year Built

Built in 1988

Lot Details

0.26 Acres

HOA Fees

$187 per month

Parking

5

Listing Details

  • Cross Street: VALVISTA AND BASELINE
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: WEST LAKE ESTATES
  • HOA #2 Phone Number: 480-539-1396
  • 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: 187.2
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1988
  • Tax Year: 2018
  • Master Model: GATED COMMUNITY
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.26
  • Subdivision Name: WEST LAKE ESTATES
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 164.41
  • Association Fees:HOA Fee2: 87.2
  • 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 Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Flooring: Carpet, Stone, Wood
  • Basement YN: Yes
  • Spa Features: Above Ground
  • Appliances: Electric Cooktop
  • Other Equipment: Intercom
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Family Room, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Upstairs, Eat-in Kitchen, Central Vacuum, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4501.0
  • Stories: 1
  • 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:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Separate Workshop: Yes
  • Basement Description:Finished2: Yes
  • Basement Description:Full: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s), Private Yard, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone, Block
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: RV Access/Parking, Gated, RV Gate, Garage Door Opener, Extended Length Garage, Attch'd Gar Cabinets, Over Height Garage, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Gated2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Racquetball, Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Community Media Room, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association #2 Fee: 100.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 87.2
  • Association Fee Frequency: Monthly
  • Association: WEST LAKE ESTATES
  • Association Name: VAL VISTA LAKES
  • Association Phone #2: 480-539-1396
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • 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: BROWN COMMUNITY MGMT
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fees:HOA Management Company 2: BROWN COMMUNITY MGMT

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Trash

Schools

  • Elementary School: Val Vista Lakes Elementary School
  • High School: Highland 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: 11308.0
  • Parcel #: 304-96-745

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 4772.0
  • Tax Book Number: 304.00
  • Tax Lot: 56
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2023
Sold by
Michael J Larson Trust
Bought by
Lesley Hummel Trust
Current Estimated Value
$1,284,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$168,467
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$1,115,815

Purchase Details

Closed on
Mar 15, 2022
Sold by
Hummel Lesley and Larson Michael
Bought by
Michael J Larson Trust and Lesley Hummel Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
2.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2021
Sold by
Larson Michael J and Hummel Lesley D
Bought by
Michael J Larson Trust and Lesley Hummel Trust

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 31, 2019
Sold by
Porter Robert E
Bought by
Larson Michael J and Hummel Lesley D
Seller's Agent
William May
Breinholt May Realty & Investments
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$825,000
Sold Price
$740,000
Premium/Discount to List
-$85,000
-10.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$484,350
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2011
Closed on
Sep 10, 2012
Sold by
Treasure Cove Properties Llc
Bought by
Porter Robert E
Seller's Agent
Graciela Salazar
Call Realty, Inc.
Buyer's Agent
Tena Leahy
Realty ONE Group
List Price
$549,000
Sold Price
$510,000
Premium/Discount to List
-$39,000
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$408,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2007
Sold by
Salazar Hector A
Bought by
Treasure Cove Properties Llc

Purchase Details

Closed on
Mar 25, 2003
Sold by
Dailey Leonard S
Bought by
Salazar Hector A and Salazar Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2001
Sold by
Dailey Christine R
Bought by
Dailey Leonard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.11%

Purchase Details

Closed on
May 3, 1996
Sold by
Dailey Leonard Samuel
Bought by
Dailey Leonard S and Dailey Christine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.62%

Purchase Details

Closed on
Jul 26, 1995
Sold by
Dailey Leonard S
Bought by
Dailey Leonard Samuel and Dailey Christine Ruh

Purchase Details

Closed on
Feb 10, 1995
Sold by
Zuehlke Lyle Arthur
Bought by
Dailey Leonard S and Dailey Chris R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.9%
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
Lesley Hummel Trust -- Magnus Title
Michael J Larson Trust -- --
Hummel Lesley -- Magnus Title
Michael J Larson Trust -- None Listed On Document
Larson Michael J $730,000 Clear Title Agency Of Az
Porter Robert E $510,000 First American Title Ins Co
Treasure Cove Properties Llc -- None Available
Salazar Hector A $367,500 Capital Title Agency Inc
Dailey Leonard S -- First American Title
Dailey Leonard S -- Stewart Title & Trust
Dailey Leonard Samuel -- --
Dailey Leonard S $265,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lesley Hummel Trust $175,000
Previous Owner Hummel Lesley $222,000
Previous Owner Larson Michael J $484,350
Previous Owner Porter Robert E $408,000
Previous Owner Salazar Hector A $227,500
Previous Owner Dailey Leonard S $275,000
Previous Owner Dailey Leonard S $175,000
Previous Owner Dailey Leonard S $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2019 06/07/19 Sold $740,000 -4.5% $164 / Sq Ft
04/21/2019 04/21/19 Pending -- -- --
04/10/2019 04/10/19 Price Changed $775,000 -3.0% $172 / Sq Ft
03/29/2019 03/29/19 Price Changed $799,000 -3.2% $178 / Sq Ft
03/20/2019 03/20/19 For Sale $825,000 +61.8% $183 / Sq Ft
10/05/2012 10/05/12 Sold $510,000 -6.4% $119 / Sq Ft View Prior Sale
09/06/2012 09/06/12 Pending -- -- --
06/11/2012 06/11/12 Price Changed $545,000 -0.7% $127 / Sq Ft
06/05/2012 06/05/12 For Sale $549,000 +7.6% $128 / Sq Ft
05/31/2012 05/31/12 Off Market $510,000 -- --
03/05/2012 03/05/12 Price Changed $549,000 -1.8% $128 / Sq Ft
11/19/2011 11/19/11 For Sale $559,000 -- $131 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $5,597 $68,256 -- --
2024 $5,400 $65,006 -- --
2023 $5,400 $81,910 $16,380 $65,530
2022 $5,235 $65,570 $13,110 $52,460
2021 $5,435 $61,710 $12,340 $49,370
2020 $5,346 $59,850 $11,970 $47,880
2019 $4,924 $56,910 $11,380 $45,530
2018 $4,772 $56,710 $11,340 $45,370
2017 $4,596 $57,770 $11,550 $46,220
2016 $4,727 $51,300 $10,260 $41,040
2015 $4,257 $55,360 $11,070 $44,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5898986

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-96-745

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