NOT LISTED FOR SALE

1520 E Treasure Cove Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $1,167,000 - $1,542,000

5 Beds
3.5 Baths
3,042 Sq Ft
$458/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $712,500 $234 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $8,515/month

9 Days on Market

Highlights

  • Guest House
  • Fitness Center
  • Gated Community
  • Val Vista Lakes Elementary School Rated A-
  • Play Pool
  • Waterfront

About This Home

As of June 2018

Highly desirable single level custom waterfront home in West Lake Estates*Beautiful entrance with private gated courtyard and front water fountain *Separate guest detached mother-in-law suite or used for private Home office*Large master suite with separate outdoor exit*Huge master closet*Separate tub and shower*Large open and bright custom kitchen with gorgeous views of the lake*Kitchen island*Travertine countertops*Family room with 2 sided gas fireplace with breath taking views of the lake*Split floor*Wonderful backyard for entertaining family and friends with full length patio*Built-in barbecue*Pebble tech pool*Boat dock for private boat*This is a must see*Don't forget about the use of the Val Vista Lakes Club house with beach pool area, swimming pool, gym, tennis and so much more.

Last Agent to Sell the Property

Kara Edwards

Elite Desert Realty, LLC License #BR515855000 Listed on: 04/20/2018

Co-Listed By

Payton Edwards

Elite Desert Realty, LLC License #SA646331000

Last Buyer's Agent

Heather Nicely

Red Fox Real Estate License #BR546972000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,297

Year Built

  • Built in 1997

Lot Details

  • 0.39 Acre Lot
  • Waterfront
  • Private Streets
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Garage
  • Heated Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

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

Interior Spaces

  • 3,042 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Two Way Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Security System Owned

Kitchen

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

Bedrooms and Bathrooms

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

Pool

  • Play Pool
  • Above Ground Spa

Outdoor Features

  • Covered patio or porch
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Guest House

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 38 / 2001
  • Assessor Parcel Number 304-96-131

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Brown Property Manag Association, Phone Number (480) 926-9693
  • West Lake Estates Association, Phone Number (480) 539-1396
  • Association Phone (480) 539-1396
  • Built by UKNOWN
  • West Lake Estates Subdivision, Custom Floorplan
  • FHA/VA Approved Complex
  • 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

$6,297

Year Built

Built in 1997

Lot Details

0

HOA Fees

$188 per month

Parking

3

Listing Details

  • Cross Street: VAL VISTA DRIVE & BASELINE ROAD
  • 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 Transfer Fee: 250.0
  • 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: 188.0
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2011
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1997
  • Tax Year: 2017
  • Directions: SOUTH ON VAL VISTA TO CORAL COVE*WEST THROUGH GATES*RIGHT ON TREASURE COVE TO HOME*
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.39
  • Co List Office Mls Id: eldr01
  • Co List Office Phone: 480-540-6551
  • Subdivision Name: WEST LAKE ESTATES
  • Architectural Style: Spanish
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 88.0
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: Above Ground
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Two Way Fireplace, Family Room, Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 3042.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Lake Subdivision: Yes
  • Fireplace:Two Way Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive, Covered Patio(s), Patio, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: Play Pool, Private
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Frame - Wood
  • Other Structures: Guest House
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, Separate Strge Area, Side Vehicle Entry, Temp Controlled
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa, Community Pool Htd, Community Pool, Lake Subdivision, Tennis Court(s), Racquetball, Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association #2 Fee: 100.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 88.0
  • Association Fee Frequency: Monthly
  • Association: WEST LAKE ESTATES
  • Association Name: Val Vista Lakes
  • Association Phone #2: 480-539-1396
  • Phone: 480-926-9693
  • 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: Val Vista Lakes
  • Association Fees:HOA Telephone4: 480-926-9693
  • 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_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fees:HOA Management Company 2: Brown Property Manag

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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: 17128.0
  • Parcel #: 304-96-131
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UKNOWN

Tax Info

  • Tax Annual Amount: 6297.0
  • Tax Block: 2001
  • Tax Book Number: 304.00
  • Tax Lot: 38
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2023
Sold by
Adelsberger Marianne Burton
Bought by
Sunset Treasures Trust
Current Estimated Value
$1,393,965

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jun 13, 2018
Sold by
Miller Paul
Bought by
Adelsberger Marianne Burton
Seller's Agent
Kara Edwards
Elite Desert Realty, LLC
Buyer's Agent
Heather Nicely
Red Fox Real Estate
List Price
$755,000
Sold Price
$712,500
Premium/Discount to List
-$42,500
-5.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$560,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2006
Sold by
Weir Gordon T
Bought by
Miller Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2006
Sold by
Weir Gordon T
Bought by
Weir Gordon T and Weir Lori Nichols

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2002
Sold by
Nichols Lori P
Bought by
Weir Gordon T and Nichols Lori P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,800
Interest Rate
6.12%

Purchase Details

Closed on
Oct 4, 2002
Sold by
Nichols Lori Patrice
Bought by
Nichols Lori Patrice and Lori Patrice Nichols Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,800
Interest Rate
6.12%

Purchase Details

Closed on
Oct 6, 2000
Sold by
Cooke Dale R
Bought by
Nichols Lori P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 1997
Sold by
Estates At West Lake Llc
Bought by
Cooke Dale R and Cooke Alice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.54%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Sunset Treasures Trust -- None Listed On Document
Adelsberger Marianne Burton $712,500 Security Title Agency Inc
Miller Paul $950,000 Fidelity National Title
Weir Gordon T -- None Available
Weir Gordon T -- Transnation Title Ins Co
Nichols Lori Patrice -- --
Nichols Lori P $590,000 Fidelity National Title
Nichols Lori P $590,000 Fidelity National Title
Cooke Dale R $120,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunset Treasures Trust $150,000
Previous Owner Burton Mari Anne $3,120,000
Previous Owner Burton Marl Anne $1,695,000
Previous Owner Adelsberger Marianne Burton $560,000
Previous Owner Miller Paul $760,000
Previous Owner Weir Gordon T $472,000
Previous Owner Weir Gordon T $50,000
Previous Owner Weir Gordon T $472,800
Previous Owner Nichols Lori P $472,000
Previous Owner Cooke Dale R $292,500
Closed Nichols Lori P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2018 06/27/18 Sold $712,500 -5.6% $234 / Sq Ft
04/29/2018 04/29/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $755,000 -- $248 / 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 $7,090 $87,945 -- --
2024 $7,130 $83,757 -- --
2023 $7,130 $99,450 $19,890 $79,560
2022 $6,918 $75,970 $15,190 $60,780
2021 $7,257 $73,110 $14,620 $58,490
2020 $7,293 $71,270 $14,250 $57,020
2019 $6,733 $69,300 $13,860 $55,440
2018 $6,531 $69,010 $13,800 $55,210
2017 $6,297 $66,370 $13,270 $53,100
2016 $6,472 $64,920 $12,980 $51,940
2015 $5,849 $65,250 $13,050 $52,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5754636

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-96-131