NOT LISTED FOR SALE

1106 W Edgewater Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $413,000 - $474,000

2 Beds
2.5 Baths
1,198 Sq Ft
$367/Sq Ft Est. Value

Last Sold April 04, 2022

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

Est. 12% decrease in value since last sale

Current estimated payment $2,411/month

Highlights

  • Waterfront
  • Clubhouse
  • Private Yard
  • Islands Elementary School Rated A-
  • Vaulted Ceiling
  • Community Pool

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

Year Built

  • Built in 1994

Lot Details

  • 2,306 Sq Ft Lot
  • Waterfront
  • 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
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Tinted Windows
  • Solar Screens
  • Family Room with Fireplace
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms
  • Double Vanity

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • High Speed Internet

Additional Features

  • Grab Bar In Bathroom
  • North or South Exposure
  • 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

Amenities

  • Clubhouse
  • Community Media Room

Recreation

  • Community Pool
  • Bike Trail

Townhouse Details

Home Type

Townhome

Year Built

Built in 1994

Lot Details

2,306 Sq Ft Lot

Parking

2

Rental Info

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

Listing Details

  • Cross Street: E. Warner Road and S. Islands Drive
  • Property Type: Residential Lease
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Non Assistive Animals: Lessor Approval
  • Initial Move In Costs Admin Fee: 150.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: COVE AT THE ISLANDS
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Disposal, Dishwasher, Refrigerator, Microwave, Electric Range, Electric Oven, Dryer, Washer
  • Accessibility Features: Bath Grab Bars
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Breakfast Bar, Eat-in Kitchen, Granite Counters, High Speed Internet, Upstairs, Vaulted Ceiling(s)
  • Living Area: 1198.0
  • Stories: 1
  • Window Features: Blinds, Solar Screens, ENERGY STAR Qualified Windows, Vinyl Frame, Low-Emissivity Windows, Tinted Windows

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Private Yard
  • Lot Features: Cul-De-Sac, North/South Exposure, Waterfront Lot, Desert Back, Grass Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Private: No
  • Waterfront: Yes
  • Common Walls: Street Facing, 2+ Common Walls, Two Levels
  • Construction Type: Wood Frame, Painted, Stucco
  • Patio And Porch Features: Patio
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Biking/Walking Path, Clubhouse, Community Media Room
  • 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: 302.0
  • Tax Lot: 150
  • Tax Map Number: 96.0

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
$439,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,838
Avg. Annual Appreciation
-3.22%
Original Mortgage
$400,000
Outstanding Balance
$373,894
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$65,268

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
7.58%

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
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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 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

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

    Landlord's Agent in 2023

    Matthew Long

    Realty Executives

    (480) 330-6788

    167 Total Sales

    Matthew Long
    Section Image
  • Sharon Gephart

    Seller's Agent in 2022

    Sharon Gephart

    Century 21 Arizona Foothills

    (760) 458-7167

    2 in this area

    9 Total Sales

    Sharon Gephart
    Section Image
  • Karen Abinet

    Buyer's Agent in 2022

    Karen Abinet

    Karen Abinet Home In Motion Realty

    (602) 793-3165

    2 in this area

    33 Total Sales

    Karen Abinet
    Section Image
  • Michael Gooding

    Seller's Agent in 2018

    Michael Gooding

    RE/MAX

    (480) 980-2515

    17 Total Sales

    Michael Gooding
    Section Image
  • Michael Silver

    Seller Co-Listing Agent in 2018

    Michael Silver

    RE/MAX

    (480) 570-4229

    1 in this area

    54 Total Sales

    Michael Silver
    Section Image
  • Jason Strother

    Buyer's Agent in 2018

    Jason Strother

    HomeSmart

    (602) 770-6964

    65 Total Sales

    Jason Strother
    Section Image
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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

Not Listed for Sale

Townhouses

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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