NOT LISTED FOR SALE

1901 E Cypress Tree Dr Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $1,348,000 - $1,452,000

5 Beds
4.5 Baths
5,150 Sq Ft
$270/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $1,295,000 $251 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,076/month

42 Days on Market

Highlights

  • Fitness Center
  • Play Pool
  • Waterfront
  • Val Vista Lakes Elementary School Rated A-
  • Gated Community
  • 2-minute walk to Val Vista Lakes Rose Garden

About This Home

As of June 2023

Welcome to beautiful Val Vista Lakes featuring your remodeled lakefront dream home. 5 bed, 4.5 bath, 5,000+ sqft, 3 car garage plus a basement. New high-end Anderson windows, new flooring, new bathrooms and a stunning kitchen with large island and gorgeous views of the lake. Whether you want to enjoy a good workout in the gym, watch a movie in the theatre or do crafts in the craft room, this home has it all! The primary suite offers a sitting area, extra large bedroom and 2 custom walk in closets. Head outside to enjoy the grassy yard, pool and your very own boat dock. Taking sunset cruises will be your new favorite way to wind down. Come make 1901 E Cypress Tree your new Home!

The luxurious clubhouse at Val Vista Lakes is complete with an eight-court tennis complex, pickleball courts, workout facility, indoor racquetball, huge pool with a sandy beach, Olympic swimming pool and spa. This community has it all!

Last Agent to Sell the Property

Eric Herbert

Realty ONE Group License #SA672184000 Listed on: 04/02/2023

Co-Listed By

Asher Cohen

Realty ONE Group License #SA624836000

Last Buyer's Agent

Bill Brimie

Rio Salado Realty, LLC License #BR551585000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,368

Year Built

  • Built in 1988

Lot Details

  • 0.26 Acre Lot
  • Waterfront
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,150 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Double Pane Windows
  • ENERGY STAR Qualified Windows

Kitchen

  • Kitchen Updated in 2021
  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2021
  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom Updated in 2021
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Pool

  • Play Pool
  • Fence Around Pool

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Plumbing System Updated in 2021
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 304-98-273

Community Details

Overview

  • Association fees include ground maintenance
  • Lakeside Association, Phone Number (480) 539-1396
  • Val Vista Lakes Association, Phone Number (480) 929-9694
  • Association Phone (480) 929-9694
  • Lakeside At Val Vista Lakes Subdivision
  • Community Lake

Recreation

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

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,368

Year Built

Built in 1988

Lot Details

0

HOA Fees

$186 per month

Parking

3

Listing Details

  • Cross Street: Val Vista / Baseline
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Val Vista Lakes
  • HOA #2 Phone Number: 480-929-9694
  • 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: 185.64
  • Basement: Y
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2021
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2021
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2021
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2021
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1988
  • Tax Year: 2022
  • Directions: From Val Vista turn East onto Lakeside Dr.- East over bridge to gated Lakeside community on the right. Through the gate and the house is directly ahead.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.26
  • Co List Office Mls Id: reog07
  • Co List Office Phone: 480-320-4724
  • Subdivision Name: LAKESIDE AT VAL VISTA LAKES
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 74.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Finished, Full
  • Flooring: Carpet, Tile, Wood
  • Basement YN: Yes
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5150.0
  • Stories: 2
  • Window Features: Skylight(s), Dual Pane, ENERGY STAR Qualified Windows
  • 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
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:HandballRacquetball: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • Basement Description:Walkout: 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: Other, Storage
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Fenced, Heated, Private
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Gazebo
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Electric Vehicle Charging Station(s): Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • 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, Near Bus Stop, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association #2 Fee: 111.64
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 74.0
  • Association Fee Frequency: Monthly
  • Association: Val Vista Lakes
  • Association Name: Lakeside
  • Association Phone #2: 480-929-9694
  • Phone: 480-926-9694
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Lakeside
  • Association Fees:HOA Telephone4: 480-926-9694
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Phone: 480-539-1396
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 11421.0
  • Parcel #: 304-98-273

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 6368.0
  • Tax Book Number: 304.00
  • Tax Lot: 36
  • Tax Map Number: 98.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
Jun 15, 2023
Sold by
Johnson Jeff and Johnson Robin
Bought by
Sherman Living Trust
Seller's Agent
Eric Herbert
Realty ONE Group
Buyer's Agent
Bill Brimie
Rio Salado Realty, LLC
List Price
$1,350,000
Sold Price
$1,295,000
Premium/Discount to List
-$55,000
-4.07%
Views
131
Current Estimated Value
$1,390,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,929
Avg. Annual Appreciation
1.53%
Original Mortgage
$620,000
Outstanding Balance
$606,673
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$733,969

Purchase Details

Listed on
Dec 18, 2017
Closed on
Mar 16, 2018
Sold by
Zaletel Edward A and Zaletel Marla K
Bought by
Johnson Jeff and Buckhannon Robin
Seller's Agent
Rachael Richards
RHouse Realty
Buyer's Agent
Eric Herbert
Realty ONE Group
List Price
$748,880
Sold Price
$585,000
Premium/Discount to List
-$163,880
-21.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.38%

Purchase Details

Closed on
Jul 23, 2013
Sold by
Zaletel Edward A and Zaletel Marla K
Bought by
Zaletel Edward A and Zaletel Marla K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2008
Sold by
Zaletel Edward A and Zaletel Marla K
Bought by
Zaletel Edward A and Zaletel Marla K
Source: Public Records

Range of Values:

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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
Sherman Living Trust $1,295,000 None Listed On Document
Johnson Jeff $585,000 Magnus Title Agency Llc
Zaletel Edward A -- Security Title Agency
Zaletel Edward A -- Security Title Agency
Zaletel Edward A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Living Trust $620,000
Previous Owner Zaletel Edward A $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $1,295,000 -4.1% $251 / Sq Ft
05/16/2023 05/16/23 For Sale $1,350,000 +4.2% $262 / Sq Ft
05/15/2023 05/15/23 Off Market $1,295,000 -- --
04/28/2023 04/28/23 For Sale $1,350,000 0.0% $262 / Sq Ft
04/22/2023 04/22/23 Off Market $1,350,000 -- --
04/03/2023 04/03/23 For Sale $1,350,000 +130.8% $262 / Sq Ft
03/23/2018 03/23/18 Sold $585,000 -2.5% $126 / Sq Ft
03/05/2018 03/05/18 Price Changed $599,900 -12.4% $129 / Sq Ft
01/31/2018 01/31/18 Price Changed $684,900 -2.1% $147 / Sq Ft
01/10/2018 01/10/18 Price Changed $699,900 -6.5% $151 / Sq Ft
12/17/2017 12/17/17 For Sale $748,880 -- $161 / 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 $6,528 $81,515 -- --
2024 $6,565 $77,633 -- --
2023 $6,565 $93,350 $18,670 $74,680
2022 $6,368 $71,320 $14,260 $57,060
2021 $6,607 $67,850 $13,570 $54,280
2020 $6,501 $67,080 $13,410 $53,670
2019 $5,997 $62,320 $12,460 $49,860
2018 $5,815 $61,600 $12,320 $49,280
2017 $5,605 $61,870 $12,370 $49,500
2016 $5,762 $60,610 $12,120 $48,490
2015 $5,201 $60,260 $12,050 $48,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6539185

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-98-273