NOT LISTED FOR SALE

1700 E Lakeside Dr Unit 13 Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $835,000 - $1,135,000

3 Beds
3 Baths
2,836 Sq Ft
$357/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $1,125,000 $397 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $5,933/month

23 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • 0.21 Acre Lot
  • Val Vista Lakes Elementary School Rated A-
  • Waterfront
  • Two Primary Bathrooms

About This Home

As of May 2023

An unparalleled gem awaits! PRIME Lakefront residence situated at Val Vista & the 60 FWY, a convenient drive to Dana Park and Old Town Gilbert. This home boasts breathtaking lake views across the entire rear side, ensuring privacy and ample space for indoor/outdoor entertainment. The kitchen is updated with sleek cabinets, counters, and stainless-steel appliances. Full bed & bath downstairs in addition to the double primary bedrooms that each feature stunning baths, plus a private balcony overlooking the lake. A massive loft makes for the perfect game room or executive office. A gated community makes this an ideal Lock & Leave, with access to the community pool, workout room, tennis courts, and racquetball courts. Property is available with or without... the furnishings - making it a perfect investment rental property as well.

Last Agent to Sell the Property

Mikhail Quijada

The Brokery License #SA637077000 Listed on: 04/01/2023

Last Buyer's Agent

Douglas Brown

HomeSmart Premier License #SA661200000

HomeSmart Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,117

Year Built

  • Built in 1987

Lot Details

  • 8,993 Sq Ft Lot
  • Waterfront
  • 1 Common Wall
  • Private Streets
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,836 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Tile Flooring
  • Mountain Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Val Vista Lakes Elementary School
  • Greenfield Junior High School
  • Gilbert High School

Utilities

  • Central Air
  • Heating Available
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 304-09-288

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • First Servcie Association, Phone Number (480) 539-1396
  • Val Vista Lakes Association, Phone Number (480) 551-4300
  • Association Phone (480) 926-9694
  • Built by McCleve
  • Breckenridge Bay Subdivision
  • Community Lake

Recreation

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

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,117

Year Built

Built in 1987

Lot Details

0

HOA Fees

$239 per month

Parking

2

Listing Details

  • Cross Street: Val Vista and Baseline
  • 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 Transfer Fee: 155.0
  • 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: 238.64
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1987
  • Tax Year: 2022
  • Directions: South on Val Vista, East on Lakeside Drive, North on Breckenridge Bay gated entrance, thru gate & straight ahead to home.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: BRECKENRIDGE BAY
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 127.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop, Water Purifier
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Furnished(See Rmrks), Vaulted Ceiling(s), Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2836.0
  • 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:Great 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
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Private Street(s), Private Yard, Storage
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Grass Front, Synthetic Grass Back
  • Pool Features: None
  • View: Mountain(s)
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • Common Walls: 1 Common Wall
  • 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:Storage: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Racquetball, Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association #2 Fee: 111.64
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 127.0
  • Association Fee Frequency: Monthly
  • Association: Val Vista Lakes
  • Association Name: Breckenridge Bay
  • Association Phone #2: 480-926-9694
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Breckenridge Bay
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 254.0
  • Association Fees:Disclosure Fees HOA: 190.0
  • Association Fees:Other Fees HOA: 25.0
  • Association Fees:Other Fees Description: Homewise Doc Fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Mgt.
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Prepaid Association Fees HOA 2: 224.0
  • Association Fees:Disclosure Fees HOA 2: 245.0
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fees:HOA Management Company 2: First Servcie
  • Association Fees:HOA Management Phone 2: 480-551-4300

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint

Schools

  • Elementary School: Val Vista Lakes Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8993.0
  • Parcel #: 304-09-288

Building Info

  • Builder Name: McCleve

Tax Info

  • Tax Annual Amount: 4117.0
  • Tax Book Number: 304.00
  • Tax Lot: 13
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
May 26, 2023
Sold by
Cheng Brian
Bought by
Bennett Family Residual Trust
Seller's Agent
Mikhail Quijada
The Brokery
Buyer's Agent
Douglas Brown
HomeSmart Premier
List Price
$1,200,000
Sold Price
$1,125,000
Premium/Discount to List
-$75,000
-6.25%
Views
37
Current Estimated Value
$1,012,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$112,629
Avg. Annual Appreciation
-5.65%
Original Mortgage
$787,500
Outstanding Balance
$767,743
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$215,175

Purchase Details

Closed on
Mar 3, 2023
Sold by
Cheng Brian
Bought by
Cheng Brian and Regens Gregory Mitchell

Purchase Details

Listed on
Mar 19, 2022
Closed on
Mar 21, 2022
Sold by
Cheng Brian
Bought by
Cheng Brian and Schutte Alyssa Lynn
Seller's Agent
Brad Bohn
Desert Dimensions Properties
Buyer's Agent
Sean Athey
HomeSmart
Sold Price
$5,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.89%

Purchase Details

Listed on
Mar 19, 2022
Closed on
Mar 9, 2022
Sold by
Joan M Robinson Revocable Trust
Bought by
Cheng Brian
Seller's Agent
Brad Bohn
Desert Dimensions Properties
Buyer's Agent
Sean Athey
HomeSmart
Sold Price
$5,000

Purchase Details

Closed on
Sep 8, 2021
Sold by
Faber Keith and Waters Cynthia A
Bought by
Robinson Joan M and Joan M Robinson Revocable Trus

Purchase Details

Closed on
Jun 24, 2019
Sold by
Brynum Byron G
Bought by
Faber Keith and Water Cynthia A

Purchase Details

Closed on
Aug 15, 2002
Sold by
Valencia Bynum Estella M
Bought by
Bynum Byron G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.75%
Mortgage Type
Balloon
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
Bennett Family Residual Trust $1,125,000 Equitable Title
Cheng Brian -- None Listed On Document
Cheng Brian -- None Listed On Document
Cheng Brian $1,130,000 Arizona Premier Title
Robinson Joan M $900,000 Premier Title Agency
Faber Keith $535,000 Title Alliance Of Az Llc
Bynum Byron G -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Family Residual Trust $787,500
Previous Owner Bynum Byron G $417,000
Previous Owner Rlh Development Inc $16,000,000
Previous Owner Bynum Byron G $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $1,125,000 -6.3% $397 / Sq Ft
04/01/2023 04/01/23 For Sale $1,200,000 0.0% $423 / Sq Ft
10/15/2022 10/15/22 Rented $4,500 +12.5% --
09/16/2022 09/16/22 Under Contract -- -- --
08/28/2022 08/28/22 Price Changed $4,000 -20.0% $1 / Sq Ft
08/16/2022 08/16/22 For Rent $5,000 0.0% --
04/01/2022 04/01/22 Rented $5,000 0.0% --
03/25/2022 03/25/22 Price Changed $5,000 -9.1% $2 / Sq Ft
03/19/2022 03/19/22 For Rent $5,500 0.0% --
03/16/2022 03/16/22 Sold $1,130,000 -2.6% $398 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $1,160,000 -- $409 / 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 $3,612 $48,163 -- --
2024 $3,633 $38,450 -- --
2023 $3,633 $66,580 $13,310 $53,270
2022 $4,117 $51,510 $10,300 $41,210
2021 $3,658 $47,430 $9,480 $37,950
2020 $3,595 $45,910 $9,180 $36,730
2019 $3,298 $40,850 $8,170 $32,680
2018 $3,190 $37,650 $7,530 $30,120
2017 $3,066 $36,510 $7,300 $29,210
2016 $3,159 $36,400 $7,280 $29,120
2015 $2,869 $37,330 $7,460 $29,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6536876

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-09-288