Landlord's Agent in 2023
Matthew Long
Realty Executives
(480) 330-6788
167 Total Sales
1106 W Edgewater Dr Gilbert, AZ 85233
The Islands NeighborhoodEstimated Value: $428,000 - $485,000
2
Beds
2.5
Baths
1,198
Sq Ft
$382/Sq Ft
Est. Value
Highlights
- Waterfront
- Community Lake
- Vaulted Ceiling
- Islands Elementary School Rated A-
- Clubhouse
- Granite Countertops
About This Home
As of January 2023Welcome 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
Realty Executives Arizona Territory Brokerage Phone: 4803306788 License #SA645379000 Listed on: 11/07/2022
Last Renter's Agent
Matthew Long
AZ Brokerage Holdings, LLC License #SA645379000
Townhouse Details
Home Type
- Townhome
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
- Recreation Room
- Community Media Room
Recreation
- Community Pool
- Bike Trail
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,806
Avg. Annual Appreciation
-2.27%
Original Mortgage
$400,000
Outstanding Balance
$373,894
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$84,300
Purchase Details
Closed on
May 22, 2020
Sold by
Tebbett Stephen and Tebbett Judy
Bought by
Tebbett Stephen and Tebbett Judy
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
8.30%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 Martin | $400,000 | |
| Previous Owner | Ainslie Robert P H | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 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
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 | $1,507 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Long
-
Sharon Gephart
Seller's Agent in 2022
Sharon Gephart
Century 21 Arizona Foothills
(760) 458-7167
2 in this area
9 Total Sales
-
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
-
Michael Gooding
Seller's Agent in 2018
Michael Gooding
RE/MAX
(480) 980-2515
1 in this area
17 Total Sales
-
Michael Silver
Seller Co-Listing Agent in 2018
Michael Silver
RE/MAX
(480) 570-4229
2 in this area
55 Total Sales
-
Jason Strother
Buyer's Agent in 2018
Jason Strother
HomeSmart
(602) 770-6964
67 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6486539
APN: 302-96-812A
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.
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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