NOT LISTED FOR SALE

1031 W Iris Dr Unit III Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $665,827 - $725,000

3 Beds
2 Baths
2,892 Sq Ft
$243/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $343,500 $119 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,957/month

4 Days on Market

Highlights

  • Spa
  • Clubhouse
  • 1 Fireplace
  • Willis Junior High School Rated A-
  • Vaulted Ceiling
  • Tennis Courts

About This Home

As of January 2018

Beautiful single level, open floor plan home in Gilbert! Soaring ceilings with ceiling fans and plantation shutters throughout. Kitchen is complete with ample counter and cabinet space, center island, and stainless steel refrigerator included. Inviting entertaining space includes fireplace in living room. Arizona room has wall to wall windows and exit to backyard. Master suite with bay windows, full spa bathroom with dual sink vanity, separate soaking tub + shower, and private exit to backyard. Spacious walk in closet with built in shelving. Backyard features a covered patio with desert landscaping and spa. Three car garage has massive built in cabinets, separate storage closet, built in sink for messy projects and is upgraded with insulated doors, cooling unit and fan for comfort.

Last Agent to Sell the Property

Jason Giardino

HUNT Real Estate ERA License #SA637506000 Listed on: 12/14/2017

HUNT Real Estate ERA

Last Buyer's Agent

Edward Shalabi

Venture REI, LLC License #SA525242000

Venture REI, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,079

Year Built

  • Built in 1991

Lot Details

  • 8,603 Sq Ft Lot
  • Desert faces the back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,892 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Spa
  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 167
  • Assessor Parcel Number 302-98-359

Community Details

Overview

  • Association fees include ground maintenance
  • Windhaven 3 Association, Phone Number (480) 345-0046
  • Islands Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Built by UDC Homes
  • Windhaven Unit 3 Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,079

Year Built

Built in 1991

Lot Details

0

HOA Fees

$78 per month

Parking

3

Listing Details

  • Cross Street: McQueen Rd & Warner Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Islands
  • HOA #2 Phone Number: 480-551-4300
  • HOA #2 Transfer Fee: 155.0
  • 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: 78.1
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1991
  • Spa Private: Yes
  • Tax Year: 2017
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: WINDHAVEN UNIT 3
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 118.78
  • Association Fees:HOA Fee2: 194.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: Private
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2892.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Desert Back, Gravel/Stone Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • 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, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Playground, Clubhouse
  • Association #2 Fee: 274.59
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 194.0
  • Association Fee Frequency: Semi-Annually
  • Association: Islands
  • Association Name: Windhaven 3
  • Association Phone #2: 480-551-4300
  • Phone: 480-345-0046
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 113.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Windhaven 3
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

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: 8603.0
  • Parcel #: 302-98-359
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UDC Homes

Tax Info

  • Tax Annual Amount: 2079.0
  • Tax Book Number: 302.00
  • Tax Lot: 167
  • Tax Map Number: 98.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2017
Closed on
Jan 10, 2018
Sold by
Chopp Merilee and James H Vander Velde Family Li
Bought by
Cheng Chen and Wang Yao
Seller's Agent
Jason Giardino
HUNT Real Estate ERA
Buyer's Agent
Edward Shalabi
Venture REI, LLC
List Price
$355,000
Sold Price
$343,500
Premium/Discount to List
-$11,500
-3.24%
Current Estimated Value
$703,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,957
Avg. Annual Appreciation
9.33%
Original Mortgage
$212,500
Outstanding Balance
$119,475
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$583,982

Purchase Details

Closed on
Aug 24, 2007
Sold by
Velde James H Vander
Bought by
Velde James H Vander

Purchase Details

Closed on
Nov 8, 2004
Sold by
Sciascia Thomas C
Bought by
Velde James H Vander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2004
Sold by
Metzger Marilyn Spearman Clarke and Spearman Clarke Marilyn
Bought by
Sciascia Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,600
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 1996
Sold by
Smith Gregory H and Smith Gregory Harold
Bought by
Spearman Clarke Duane and Spearman Clarke Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.96%
Mortgage Type
New Conventional
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
Cheng Chen $341,500 Pioneer Title Agency Inc
Velde James H Vander -- None Available
Velde James H Vander $290,000 Transnation Title
Sciascia Thomas C $254,500 Transnation Title Ins Co
Spearman Clarke Duane $175,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Chen $212,500
Previous Owner Velde James H Vander $232,000
Previous Owner Sciascia Thomas C $203,600
Previous Owner Spearman Clarke Duane $140,000
Closed Sciascia Thomas C $38,175
Closed Velde James H Vander $43,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2018 01/18/18 Sold $343,500 -3.2% $119 / Sq Ft
12/14/2017 12/14/17 For Sale $355,000 -- $123 / 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 $2,716 $35,031 -- --
2024 $2,621 $33,363 -- --
2023 $2,621 $49,660 $9,930 $39,730
2022 $2,529 $37,420 $7,480 $29,940
2021 $2,651 $36,830 $7,360 $29,470
2020 $2,637 $34,520 $6,900 $27,620
2019 $2,534 $30,430 $6,080 $24,350
2018 $2,453 $30,830 $6,160 $24,670
2017 $2,296 $28,050 $5,610 $22,440
2016 $2,218 $27,460 $5,490 $21,970
2015 $2,143 $27,350 $5,470 $21,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5698599

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-98-359