NOT LISTED FOR SALE

1321 E Treasure Cove Dr Unit 2 Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $1,235,706 - $1,363,000

4 Beds
4 Baths
4,501 Sq Ft
$289/Sq Ft Est. Value

Last Sold June 07, 2019

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

Est. 75% increase in value since last sale

Current estimated payment $7,705/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

  • Theater or Screening Room
  • 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

$4,772

Year Built

Built in 1988

Lot Details

0

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
  • Directions: S to Coral Cove and W through the gate to Treasure Cove.
  • 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
  • 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
  • Possible Bedrooms: 6
  • 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:HOA Telephone4: 480-539-1396
  • 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
$1,297,822

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
$169,835
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$1,131,842

Purchase Details

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

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
9.54%
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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Change Sq Ft Price
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
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 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 $5,369 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5898986

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-96-745