NOT LISTED FOR SALE

1106 W Edgewater Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $418,000 - $474,000

2 Beds
2.5 Baths
1,198 Sq Ft
$371/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $500,000 $417 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,551/month

Highlights

  • Waterfront
  • Community Lake
  • Vaulted Ceiling
  • Islands Elementary School Rated A-
  • Clubhouse
  • Granite Countertops

About This Home

As of January 2023

Welcome to beautiful waterfront living in the Islands!! This townhome offers 2 bedrooms, 2.5 baths, 1,198 sqft of [open concept] floorplan with breathtaking water views. Additionally, this home offers upgraded kitchen featuring granite counters, shaker cabinets, and nicely appointed appliances. Also, this home offers updated luxury vinyl plank flooring, upgraded bath(s), modern lighting/plumbing fixtures, dedicated master retreat offering dual sinks, walk-in closet, and beautiful water views. Lastly, home offers 2-car garage, covered patio, and beautiful private backyard with your own dock. Don't miss your opportunity to call this home!

Last Agent to Rent the Property

Matthew Long

Realty Executives Arizona Territory Brokerage Phone: 4803306788 License #SA645379000 Listed on: 11/07/2022

Realty Executives Arizona Territory

Last Renter's Agent

Matthew Long

AZ Brokerage Holdings, LLC License #SA645379000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,448

Year Built

  • Built in 1994

Lot Details

  • 2,306 Sq Ft Lot
  • Waterfront
  • Two or More Common Walls
  • Cul-De-Sac
  • Desert faces the back of the property
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,198 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Vinyl Clad Windows
  • Tinted Windows
  • Solar Screens
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms
  • Double Vanity

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Islands Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Grab Bar In Bathroom
  • Patio

Listing and Financial Details

  • Property Available on 11/7/22
  • $150 Move-In Fee
  • 12-Month Minimum Lease Term
  • Tax Lot 150
  • Assessor Parcel Number 302-96-812-A

Community Details

Overview

  • Property has a Home Owners Association
  • Laguna Shores Association, Phone Number (480) 759-4945
  • Cove At The Islands Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Community Pool
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,448

Year Built

Built in 1994

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2022-11-07

Listing Details

  • Cross Street: E. Warner Road and S. Islands Drive
  • Legal Info Range: 5E
  • 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: 1994
  • Rental Info H O A Name: Laguna Shores
  • Non Assistive Animals: Lessor Approval
  • Initial Move In Costs Admin Fee: 150.0
  • Lease Term Minimum Lease Term Months: 12
  • Attribution Contact: 4803306788
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: COVE AT THE ISLANDS
  • Property Attached Yn: Yes
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Windows:Low-Emissivity Windows: Yes
  • Water Source City Water2: Yes
  • Fireplace Features Fireplace Family Rm2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Accessibility Features: Bath Grab Bars
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Fireplace Family Rm, 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s)
  • Living Area: 1198.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Solar Screens, ENERGY STAR Qualified Windows, Tinted Windows, Vinyl Frame
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Private Yard
  • Lot Features: Desert Back, Cul-De-Sac, Grass Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access, Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Community Pool, Community Media Room, Biking/Walking Path, Clubhouse
  • Association Name: Laguna Shores
  • Phone: 480-759-4945
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Islands Elementary School
  • High School: Mesquite High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Lot Size Sq Ft: 2306.0
  • Parcel #: 302-96-812-A

Building Info

  • Builder Name: unk

Tax Info

  • Tax Book Number: 302.00
  • Tax Lot: 150
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 25, 2022
Sold by
Stephen And Judy Tebbatt Living Trust
Bought by
Lambert Ronald Martin
Seller's Agent
Sharon Gephart
Century 21 Arizona Foothills
Buyer's Agent
Karen Abinet
Karen Abinet Home In Motion Realty
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%
Current Estimated Value
$443,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,092
Avg. Annual Appreciation
-3.49%
Original Mortgage
$400,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2020
Sold by
Tebbett Stephen and Tebbett Judy
Bought by
Tebbett Stephen and Tebbett Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2018
Closed on
Mar 13, 2018
Sold by
Ainsile Robert and Ainsile Nelly
Bought by
Tebbatt Judy and Tebbatt Stephen
Seller's Agent
Michael Gooding
RE/MAX Alliance Group
Buyer's Agent
Jason Strother
HomeSmart
List Price
$249,990
Sold Price
$245,000
Premium/Discount to List
-$4,990
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
May 4, 1995
Sold by
The New Cove Properties Ltd Partnership
Bought by
Ainslie Robert P H and Ainslie Nelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Lambert Ronald Martin $500,000 Magnus Title
Tebbett Stephen -- None Available
Tebbatt Judy $245,000 Reliant Title Agency Llc
Ainslie Robert P H $108,612 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Ronald M $1,957,000
Closed Lambert Ronald Martin $400,000
Previous Owner Tebbatt Judy $50,000
Previous Owner Ainslie Robert P H $75,000
Previous Owner Ainslie Robert P H $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2023 01/14/23 Rented $2,500 -3.8% --
12/20/2022 12/20/22 Under Contract -- -- --
11/13/2022 11/13/22 Price Changed $2,600 -1.9% $2 / Sq Ft
11/07/2022 11/07/22 For Rent $2,650 0.0% --
04/04/2022 04/04/22 Sold $500,000 +1.0% $417 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $495,000 0.0% $413 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $495,000 +102.0% $413 / Sq Ft
03/23/2018 03/23/18 Sold $245,000 -2.0% $205 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $249,990 -- $209 / 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 $1,448 $20,037 -- --
2024 $1,460 $19,083 -- --
2023 $1,460 $31,580 $6,310 $25,270
2022 $1,416 $25,620 $5,120 $20,500
2021 $1,496 $22,800 $4,560 $18,240
2020 $1,473 $21,160 $4,230 $16,930
2019 $1,354 $19,980 $3,990 $15,990
2018 $1,312 $19,280 $3,850 $15,430
2017 $1,525 $17,350 $3,470 $13,880
2016 $1,564 $17,510 $3,500 $14,010
2015 $1,426 $17,230 $3,440 $13,790
Source: Public Records

Agents Affiliated with this Home

  • Matthew Long

    Landlord's Agent in 2023

    Matthew Long

    Realty Executives

    (480) 330-6788

    156 Total Sales

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  • Sharon Gephart

    Seller's Agent in 2022

    Sharon Gephart

    Century 21 Arizona Foothills

    (760) 458-7167

    1 in this area

    8 Total Sales

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  • Karen Abinet

    Buyer's Agent in 2022

    Karen Abinet

    Karen Abinet Home In Motion Realty

    (602) 793-3165

    2 in this area

    32 Total Sales

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  • Michael Gooding

    Seller's Agent in 2018

    Michael Gooding

    RE/MAX

    (480) 980-2515

    1 in this area

    18 Total Sales

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  • Michael Silver

    Seller Co-Listing Agent in 2018

    Michael Silver

    RE/MAX

    (480) 570-4229

    2 in this area

    62 Total Sales

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  • Jason Strother

    Buyer's Agent in 2018

    Jason Strother

    HomeSmart

    (602) 770-6964

    71 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6486539

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-812A

Arizona Maricopa County Gilbert 85233 The Islands

1106 W Edgewater Dr, Gilbert, AZ

This home is located at 1106 W Edgewater Dr, Gilbert, AZ 85233 since 07 November 2022 and is currently priced at $443,908. This property was built in 1994. 1106 W Edgewater Dr is a home located in Maricopa County with nearby schools including Islands Elementary School, Mesquite High School, and Mesquite Junior 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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