Sort of. First, you are assuming a collapse interpretation, but the basic math of QM does not require a collapse interpretation. But let's put that aside for now.
Second, a Hilbert space does not have a single unique basis. There are an infinite number of possible bases for every Hilbert space. For a given observable, the Hermitian operator associated with that observable picks out one basis from the infinite number of possible ones. The elements of this basis are called "eigenstates" (or eigenvectors) in state vector language, or "eigenfunctions" in wave function language (though the latter is used much less often in this connection, even if you are using the wave function representation). So, if we assume a collapse interpretation, then the measurement makes the quantum state "jump" to one of the eigenstates, i.e., to one of the elements of the basis picked out by the observable being measured.
The fact that a particular measurement results in a value does not mean a particular basis, or a particular element of that basis, "has a value" in a general sense. At most, it means that state is associated with that value (the "eigenvalue") if we are making that particular measurement. But that is a very restricted association.