NOT LISTED FOR SALE

1001 S Lagoon Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $742,000 - $795,000

3 Beds
2 Baths
2,583 Sq Ft
$298/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $745,000 $288 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,341/month

5 Days on Market

Highlights

  • Private Pool
  • Waterfront
  • Vaulted Ceiling
  • Willis Junior High School Rated A-
  • Community Lake
  • Santa Barbara Architecture

About This Home

As of May 2023

GORGEOUS WATERFRONT HOME In The Highly Desirable Gilbert Island's Lake Community! Home Boast The Most Fantastic VIEWS Of The Lake From Your Backyard With The Ability To Install A Dock For Your BOAT AND OR FISH FROM YOUR DOCK. This Is One Of The Best Island's Lake Location & Shows PRIDE OF OWNERSHIP!! Home Features Large Open Living And Family Rooms With Vaulted Ceilings With An Eat In Kitchen And Bar Seating If Desired. Kitchen Features a large Island With Stainless Steel Appliances. Home Boasts 3 bedrooms with a large bedroom/Den off of the Front Entry. The Home Is CLEAN Like You Have Never Seen with Seller Showing Pride Of Ownership. The Landscaping Is Also Perfectly Groomed and MATURE. Enjoy Those Hot Summers In Your Sparkling PEBBLE-TEC DIVING POOL Overlooking The Lake. Come Make This

Last Agent to Sell the Property

Michael Smith

Barrett Real Estate License #BR635584000 Listed on: 03/31/2023

Barrett Real Estate

Last Buyer's Agent

Dru Oster

West USA Realty License #BR630140000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,927

Year Built

  • Built in 1987

Lot Details

  • 8,093 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,583 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens
  • Family Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch

Schools

  • Shumway Elementary School
  • Willis Junior High School
  • Chandler High School

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • The Islands Association, Phone Number (480) 551-4300
  • Windhaven Unit 2 Amd Lot 1 71 Subdivision, Del Mar Floorplan
  • Community Lake

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 302-37-701-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,927

Year Built

Built in 1987

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Cross Street: Warner & Cooper
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 57.85
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1987
  • Tax Year: 2022
  • Master Model: Del Mar
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: WINDHAVEN UNIT 2 AMD LOT 1-71
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 288.42
  • Association Fees:HOA Fee2: 347.11
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2583.0
  • Stories: 1
  • Window Features: Solar Screens
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: Diving Pool, Private
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • 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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 347.11
  • Association Fee Frequency: Semi-Annually
  • Association Name: THE ISLANDS
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: THE ISLANDS
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 245.0
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Shumway Elementary School
  • High School: Chandler High School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willis Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8093.0
  • Parcel #: 302-37-701-A

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3927.0
  • Tax Book Number: 302.00
  • Tax Lot: 23
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 5, 2023
Sold by
Barnes Revocable Family Trust
Bought by
Jeffrey & Dru Oster Trust
Seller's Agent
Michael Smith
Barrett Real Estate
Buyer's Agent
Dru Oster
West USA Realty
List Price
$750,000
Sold Price
$745,000
Premium/Discount to List
-$5,000
-0.67%
Views
57
Current Estimated Value
$756,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,643
Avg. Annual Appreciation
1.22%
Original Mortgage
$707,750
Outstanding Balance
$685,135
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$85,035

Purchase Details

Closed on
Oct 24, 2008
Sold by
Barnes Donald W and Barnes Fawn K
Bought by
Barnes Donald W and Barnes Fawn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 23, 2007
Sold by
Barnes Donald W and Barnes Fawn K
Bought by
Barnes Donald W and Barnes Fawn K

Purchase Details

Closed on
Nov 27, 2001
Sold by
Barnes Donald W and Barnes Fawn K
Bought by
Barnes Donald W and Barnes Fawn K
Source: Public Records
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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
Jeffrey & Dru Oster Trust $745,000 American Title Service Agency
Barnes Donald W -- Landamerica Title Agency Inc
Barnes Donald W -- None Available
Barnes Donald W -- None Available
Barnes Donald W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffrey & Dru Oster Trust $707,750
Previous Owner Barnes Donald W $625,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2023 05/05/23 Sold $745,000 -0.7% $288 / Sq Ft
04/11/2023 04/11/23 Off Market $750,000 -- --
04/06/2023 04/06/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $750,000 -- $290 / 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 $4,248 $52,076 -- --
2024 $4,074 $49,597 -- --
2023 $4,074 $62,430 $12,480 $49,950
2022 $3,927 $48,900 $9,780 $39,120
2021 $4,053 $47,900 $9,580 $38,320
2020 $4,025 $43,810 $8,760 $35,050
2019 $3,859 $41,280 $8,250 $33,030
2018 $3,731 $40,630 $8,120 $32,510
2017 $3,483 $39,320 $7,860 $31,460
2016 $3,353 $38,010 $7,600 $30,410
Source: Public Records

Agents Affiliated with this Home

  • Michael Smith

    Seller's Agent in 2023

    Michael Smith

    Barrett Real Estate

    (480) 694-2564

    2 in this area

    181 Total Sales

    Michael Smith
    Section Image
  • Dru Oster

    Buyer's Agent in 2023

    Dru Oster

    West USA Realty

    (623) 512-1248

    1 in this area

    73 Total Sales

    Dru Oster
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6538354

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-37-701A

Arizona Maricopa County Gilbert 85233 The Islands

1001 S Lagoon Dr, 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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