RENTED MAY 24, 2025

4030 E Lexington Ave Gilbert, AZ 85234

Val Vista Neighborhood

Estimated Value: $543,412 - $581,000

4 Beds
2 Baths
1,888 Sq Ft
$299/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $400,000 $212 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,164/month

Highlights

  • Community Lake
  • Wood Flooring
  • Covered Patio or Porch
  • Highland Park Elementary Rated A-
  • Granite Countertops
  • Double Pane Windows

About This Home

As of May 2025

Beautiful home in a wonderful location in Gilbert. This property offers upgraded kitchen appliances, stone countertops and an inviting backyard with a covered patio and fountain. 4 bedroom/2 bathroom near loop 202/US 60 freeways, shopping, restaurants and more with neighborhood bike/walking paths and playgrounds nearby

Last Agent to Rent the Property

Dave Westbrook

Real Broker License #SA644019000 Listed on: 05/16/2025

Last Renter's Agent

Dave Westbrook

Real Broker License #SA644019000 Listed on: 05/16/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 7,150 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Highland Park Elementary School
  • Greenfield Junior High School
  • Highland High School

Utilities

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

Listing and Financial Details

  • Property Available on 5/16/25
  • $150 Move-In Fee
  • 12-Month Minimum Lease Term
  • $150 Application Fee
  • Tax Lot 62
  • Assessor Parcel Number 313-12-427

Community Details

Overview

  • Property has a Home Owners Association
  • Ccmc Association, Phone Number (480) 921-7500
  • Built by MORRISON HOMES
  • Highland Groves At Morrison Ranch Subdivision
  • Community Lake

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2025-05-16

Listing Details

  • Cross Street: Elliot & Recker
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Rental Info H O A Name: CCMC
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Application Fee: 150.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: HIGHLAND GROVES AT MORRISON RANCH
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, Kitchen Island, Pantry, Separate Shwr & Tub
  • Living Area: 1888.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Biking/Walking Path
  • Association Name: CCMC
  • Phone: 480-921-7500
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Highland Park Elementary
  • High School: Highland High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Lot Size Sq Ft: 7150.0
  • Parcel #: 313-12-427

Building Info

  • Builder Name: MORRISON HOMES

Tax Info

  • Tax Book Number: 313.00
  • Tax Lot: 62
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2020
Closed on
Feb 1, 2021
Sold by
Lior Hoffmann Lee
Bought by
Hoffmann Udi Avraham and Hoffmann Lior Lee
Seller's Agent
Rachel Lemler
Urban Luxe Real Estate
Buyer's Agent
Rachel Lemler
MCO Realty
Sold Price
$2,200
Current Estimated Value
$563,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,653
Avg. Annual Appreciation
7.04%

Purchase Details

Listed on
Dec 5, 2020
Closed on
Dec 2, 2020
Sold by
Hoffmann Udi
Bought by
Lior Hoffmann Lee
Seller's Agent
Rachel Lemler
Urban Luxe Real Estate
Buyer's Agent
Rachel Lemler
MCO Realty
Sold Price
$2,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$267,566
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$296,287

Purchase Details

Listed on
Dec 5, 2020
Closed on
Nov 24, 2020
Sold by
Keshawarz Farhad O and Keshawarz Fatima
Bought by
Lior Hoffmann Lee
Seller's Agent
Rachel Lemler
Urban Luxe Real Estate
Buyer's Agent
Rachel Lemler
MCO Realty
Sold Price
$2,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$267,566
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$296,287

Purchase Details

Closed on
Nov 21, 2007
Sold by
Morrison Homes Of Arizona Inc
Bought by
Keshawarz Farhad O and Keshawarz Fatima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,687
Interest Rate
6.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hoffmann Udi Avraham -- None Available
Lior Hoffmann Lee -- Empire West Title Agency Llc
Lior Hoffmann Lee $400,000 Empire West Title Agency Llc
Keshawarz Farhad O $287,039 First American Title Ins Co
Morrison Homes Of Arizona Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lior Hoffmann Lee $300,000
Previous Owner Keshawarz Farhad O $272,687
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2025 05/24/25 Rented $2,550 0.0% --
05/20/2025 05/20/25 Price Changed $2,550 +2.0% $1 / Sq Ft
05/16/2025 05/16/25 For Rent $2,500 -3.8% --
03/01/2023 03/01/23 Rented $2,600 0.0% --
02/19/2023 02/19/23 Under Contract -- -- --
12/23/2022 12/23/22 For Rent $2,600 +18.2% --
01/01/2021 01/01/21 Rented $2,200 0.0% --
12/11/2020 12/11/20 Under Contract -- -- --
12/05/2020 12/05/20 For Rent $2,200 0.0% --
12/04/2020 12/04/20 Sold $400,000 -5.0% $212 / Sq Ft View Prior Sale
10/30/2020 10/30/20 Pending -- -- --
10/30/2020 10/30/20 Price Changed $421,000 +0.2% $223 / Sq Ft
10/05/2020 10/05/20 For Sale $420,000 0.0% $222 / Sq Ft
05/15/2018 05/15/18 Rented $1,800 +2.9% --
05/14/2018 05/14/18 Under Contract -- -- --
05/10/2018 05/10/18 For Rent $1,750 +9.4% --
11/01/2016 11/01/16 Rented $1,600 0.0% --
10/12/2016 10/12/16 For Rent $1,600 +4.9% --
12/01/2012 12/01/12 Rented $1,525 +1.7% --
11/17/2012 11/17/12 Under Contract -- -- --
09/15/2012 09/15/12 For Rent $1,500 -- --
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 $2,525 $26,546 -- --
2024 $2,829 $23,683 -- --
2023 $2,829 $39,570 $7,910 $31,660
2022 $1,972 $31,160 $6,230 $24,930
2021 $2,077 $29,430 $5,880 $23,550
2020 $2,044 $27,500 $5,500 $22,000
2019 $1,881 $25,460 $5,090 $20,370
2018 $1,806 $24,750 $4,950 $19,800
2017 $1,744 $22,610 $4,520 $18,090
2016 $1,750 $22,330 $4,460 $17,870
2015 $1,643 $20,770 $4,150 $16,620
Source: Public Records

Agents Affiliated with this Home

  • Dave Westbrook

    Landlord's Agent in 2025

    Dave Westbrook

    Real Broker

    (602) 980-0556

    38 Total Sales

    Dave Westbrook
    Section Image
  • Barbara Allyn

    Seller's Agent in 2023

    Barbara Allyn

    West USA Realty

    (480) 818-1900

    14 Total Sales

    Barbara Allyn
    Section Image

  • R

    Seller's Agent in 2021

    Rachel Lemler

    Urban Luxe Real Estate

  • Ali Hobeheidar

    Seller's Agent in 2020

    Ali Hobeheidar

    DeLex Realty

    (480) 206-1340

    2 in this area

    31 Total Sales

    Ali Hobeheidar
    Section Image

  • L

    Seller's Agent in 2012

    Lisa Rivera Fowles

    DPR Realty

    (623) 694-0859

    5 Total Sales

    Lisa Rivera Fowles
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6868400

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-12-427

Arizona Maricopa County Gilbert 85234 Val Vista

4030 E Lexington Ave, Gilbert, AZ

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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