NOT LISTED FOR SALE

1031 S Coral Key Ct Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $936,000 - $1,031,000

4 Beds
2.5 Baths
3,126 Sq Ft
$315/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $1,000,000 $320 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,679/month

68 Days on Market

Highlights

  • Heated Spa
  • Waterfront
  • Vaulted Ceiling
  • Willis Junior High School Rated A-
  • Community Lake
  • Wood Flooring

About This Home

As of May 2024

A great opportunity to own a rare lake front home in Gilbert, Arizona. This nearly one third acre property is nestled in a quiet cove within The Islands. On the main level you will find an expansive kitchen with granite countertops, downstairs master suite with a beautiful view of the water, lovely fireplace center of the living room, and a laundry room attached to the three car garage. Upstairs there is one large bedroom overlooking the lake, full bathroom, two more bedrooms, as well as an office space. Outside opens up to an enjoyable entertainment area that leads you right to the pool, spa, lake, and boat docks. The private side yard also has a large chipping and putting green. Don't miss out on this beautiful property!

Last Agent to Sell the Property

Greg Marx

HomeSmart License #SA677061000 Listed on: 12/08/2023

HomeSmart

Last Buyer's Agent

Sharon Schmieder

Key Select Real Estate License #BR650799000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,680

Year Built

  • Built in 1992

Lot Details

  • 0.29 Acre Lot
  • Waterfront
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,126 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Living Room with Fireplace
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool
  • Pool Pump

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 302-98-023

Community Details

Overview

  • Association fees include ground maintenance
  • The Islands Association, Phone Number (480) 545-7740
  • Built by UDC Homes
  • Key Harbor Lot 1 71 Tr A C Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,680

Year Built

Built in 1992

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Cross Street: Warner Rd & N. McQueen RD
  • 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
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2015
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2019
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2013
  • Items Updated Pool Yr Updated: 2008
  • Updated Room Addition: Full
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1992
  • Spa Private: Yes
  • Tax Year: 2022
  • Directions: E on Warner from McQueen, S on Island Dr, left on Key Harbor, Immediate Right on Key Harbor, left on Coral Key Ct, to home located on right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.29
  • Subdivision Name: KEY HARBOR LOT 1-71 TR A-C
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 347.11
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3126.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: 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
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Fenced, Heated, Private
  • Waterfront: Yes
  • Disclosures: 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: Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 347.11
  • Association Fee Frequency: Semi-Annually
  • Association Name: The Islands
  • Phone: 480-545-7740
  • 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:HOA Telephone4: 4805457740
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2045.04
  • 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: 12785.0
  • Parcel #: 302-98-023

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: UDC Homes

Tax Info

  • Tax Annual Amount: 4680.0
  • Tax Book Number: 302.00
  • Tax Lot: 23
  • Tax Map Number: 98.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
May 24, 2024
Sold by
Dietz Roland D J and Otto Maria H
Bought by
Roland Dirk Johannes Dietz and Roland Maria Helena
Seller's Agent
Greg Marx
HomeSmart
Buyer's Agent
Sharon Schmieder
Key Select Real Estate
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Views
73
Current Estimated Value
$986,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,885
Avg. Annual Appreciation
0.19%

Purchase Details

Closed on
Apr 13, 2023
Sold by
Stoehr John F and Stoehr Linda K
Bought by
Stoehr Family Trust

Purchase Details

Closed on
Feb 8, 2021
Sold by
Marx Charles and Marx Sherry
Bought by
Marx Charles A and Marx Sherry S

Purchase Details

Listed on
Sep 10, 2020
Closed on
Nov 22, 2020
Sold by
Szabo Wayne R and Szabo Elaine S
Bought by
Marx Charles and Marx Sherry
Seller's Agent
Susan Miller
Keller Williams Realty East Valley
Buyer's Agent
Greg Marx
HomeSmart
List Price
$689,900
Sold Price
$700,000
Premium/Discount to List
$10,100
1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$490,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2005
Sold by
Szabo Wayne R and Szbo Elaine S
Bought by
Szabo Wayne R and Szabo Elaine S

Purchase Details

Closed on
May 20, 2002
Sold by
Abdi Behrooz L and Abdi Sharon L
Bought by
Szabo Wayne R and Szabo Elaine S
Source: Public Records

Range of Values:

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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
Roland Dirk Johannes Dietz -- Great American Title Agency
Dietz Roland D J $1,000,000 Great American Title Agency
Stoehr Family Trust -- None Listed On Document
Marx Charles A -- None Available
Marx Charles $700,000 Security Title Agency Inc
Szabo Wayne R -- --
Szabo Wayne R $390,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marx Charles $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $1,000,000 -4.8% $320 / Sq Ft
01/04/2024 01/04/24 Price Changed $1,050,000 -4.5% $336 / Sq Ft
12/08/2023 12/08/23 For Sale $1,100,000 +57.1% $352 / Sq Ft
12/09/2020 12/09/20 Sold $700,000 +1.5% $224 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $689,900 0.0% $221 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $689,900 0.0% $221 / Sq Ft
10/01/2020 10/01/20 Price Changed $689,900 +3.0% $221 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $669,900 -- $214 / 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 $4,962 $60,825 -- --
2024 $4,852 $57,928 -- --
2023 $4,852 $72,430 $14,480 $57,950
2022 $4,680 $55,760 $11,150 $44,610
2021 $4,825 $54,750 $10,950 $43,800
2020 $4,794 $50,450 $10,090 $40,360
2019 $4,601 $48,180 $9,630 $38,550
2018 $4,450 $47,920 $9,580 $38,340
2017 $4,161 $46,410 $9,280 $37,130
2016 $4,008 $45,180 $9,030 $36,150
2015 $3,808 $45,800 $9,160 $36,640
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Greg Marx

    HomeSmart

    (602) 750-2975

    2 in this area

    6 Total Sales

    Greg Marx
    Section Image
  • Sharon Schmieder

    Buyer's Agent in 2024

    Sharon Schmieder

    Key Select Real Estate

    (602) 980-9480

    1 in this area

    27 Total Sales

    Sharon Schmieder
    Section Image

  • S

    Seller's Agent in 2020

    Susan Miller

    Keller Williams Realty East Valley

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6638489

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-98-023

Arizona Maricopa County Gilbert 85233 The Islands

1031 S Coral Key Ct, Gilbert, AZ

This home is located at 1031 S Coral Key Ct, Gilbert, AZ 85233 since 08 December 2023 and is currently estimated at $986,115, approximately $315 per square foot. This property was built in 1992. 1031 S Coral Key Ct is a home located in Maricopa County with nearby schools including Shumway Elementary School, Willis Junior High School, and Chandler High School.

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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