NOT LISTED FOR SALE

1106 W Edgewater Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $424,000 - $495,000

2 Beds
3 Baths
1,198 Sq Ft
$378/Sq Ft Est. Value

Last Sold April 04, 2022

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

Est. 9% decrease in value since last sale

Current estimated payment $2,654/month

About This Home

As of April 2022

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!

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
$452,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,356
Avg. Annual Appreciation
-3.11%
Original Mortgage
$400,000
Outstanding Balance
$379,467
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$73,177

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
8.91%

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:

Collateral Analytics

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ICE

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Quantarium

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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
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 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

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

    Seller's Agent in 2023

    Matthew Long

    Realty Executives

    (480) 330-6788

    149 Total Sales

    Matthew Long
    Section Image
  • Sharon Gephart

    Seller's Agent in 2022

    Sharon Gephart

    Century 21 Arizona Foothills

    (760) 458-7167

    1 in this area

    8 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

    30 Total Sales

    Karen Abinet
    Section Image
  • Michael Gooding

    Seller's Agent in 2018

    Michael Gooding

    RE/MAX

    (480) 980-2515

    1 in this area

    20 Total Sales

    Michael Gooding
    Section Image
  • Michael Silver

    Seller Co-Listing Agent in 2018

    Michael Silver

    RE/MAX

    (480) 570-4229

    2 in this area

    71 Total Sales

    Michael Silver
    Section Image
  • Jason Strother

    Buyer's Agent in 2018

    Jason Strother

    HomeSmart

    (602) 770-6964

    77 Total Sales

    Jason Strother
    Section Image
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Map

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 and is currently estimated at $452,644, approximately $377 per square foot. 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.

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