NOT LISTED FOR SALE

1108 W Edgewater Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $399,000 - $433,000

2 Beds
2 Baths
1,099 Sq Ft
$379/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $193,000 $176 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,431/month

57 Days on Market

Highlights

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

About This Home

As of May 2014

WATERFRONT ** WATERFRONT ** Fabulous and quiet waterfront property ** Enter to large vaulted great room and dining area ** New carpeting throughout ** One bedroom downstairs (no closet) ** Granite kitchen counters and floors, refrigerator, new light fixtures, lots of cabinet space and garden window in kitchen ** Good size master suite with walk in closet and full bath with double sinks ** Small loft area upstairs for desk, etc. ** French doors lead to beautiful brick landing, stairs and patio right on the water with a view that won't quit ** Recreation room and park all included in The Islands ** Community pool only steps away from home ** Built-in garage cabinets ** Entire subdivision is in the process of being painted ** This beautiful home is ready for your client to move i

Last Agent to Sell the Property

Maggie Diamond

Penfield Properties License #BR106394000 Listed on: 03/06/2014

Last Buyer's Agent

Paul Baker

RE/MAX Fine Properties License #BR008544000

RE/MAX Fine Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,077

Year Built

  • Built in 1994

Lot Details

  • 2,557 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,099 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 151
  • Assessor Parcel Number 302-96-813-A

Community Details

Overview

  • Rossmar And Graham Association, Phone Number (480) 759-4945
  • The Islands Association, Phone Number (480) 551-4300
  • Association Phone (480) 545-7740
  • Built by New Cove
  • The Islands Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Playground
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,077

Year Built

Built in 1994

Lot Details

0

HOA Fees

$44 per month

Parking

2

Listing Details

  • Cross Street: COOPER AND WARNER
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2 Fee: 265.0
  • HOA #2 Name: THE ISLANDS
  • HOA #2 Phone Number: 4805457740
  • HOA #2 Transfer Fee: 400.0
  • 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: 226.16
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2013
  • Directions: WEST WARNER ** RIGHT S ISLANDS DR ** 2ND LEFT INTO THE COVE AT THE ISLANDS ** LEFT CROWS NEST ** RIGHT WINDJAMMER ** RIGHT ST MARTEN ** RIGHT EDGEWATER
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.06
  • Subdivision Name: THE ISLANDS
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 182.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1099.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Back, Grass Front
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Pool, Playground, Biking/Walking Path, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 265.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee Frequency: Monthly
  • Association: THE ISLANDS
  • Association Name: LAGUNA SHORES
  • Association Phone #2: 4805457740
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: LAGUNA SHORES
  • Association Fees:HOA Telephone4: 4807594945
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: VISION MANAGEMENT
  • Association Fees:HOA Management Phone: 4807594945
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fees:HOA Management Company 2: ROSSMAR AND GRAHAM
  • Association Fees:HOA Management Phone 2: 4805514300

Schools

  • Elementary School: Islands Elementary School
  • High School: Mesquite High School
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2557.0
  • Parcel #: 302-96-813-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: New Cove

Tax Info

  • Tax Annual Amount: 1077.28
  • Tax Book Number: 302.00
  • Tax Lot: 151
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2016
Sold by
Bohart James A and Bohart Patricia L
Bought by
Bohart James A and Bohart Patricia L
Current Estimated Value
$416,595

Purchase Details

Listed on
Mar 6, 2014
Closed on
May 22, 2014
Sold by
Butterworth Barbara K
Bought by
Bohart James A and Bohart Patricia L
Seller's Agent
Maggie Diamond
Penfield Properties
Buyer's Agent
Paul Baker
RE/MAX Fine Properties
List Price
$199,500
Sold Price
$193,000
Premium/Discount to List
-$6,500
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$154,400
Outstanding Balance
$114,317
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$270,794

Purchase Details

Listed on
Apr 5, 2013
Closed on
Jul 20, 2013
Sold by
Butterworth Kenth David
Bought by
Butterworth Barbara K
Seller's Agent
Sheri Espinosa
Real Broker
Buyer's Agent
Maggie Diamond
Penfield Properties
List Price
$160,000
Sold Price
$164,000
Premium/Discount to List
$4,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.11%

Purchase Details

Listed on
Apr 5, 2013
Closed on
Jul 15, 2013
Sold by
Smith Ayako
Bought by
Butterworth Barbara K
Seller's Agent
Sheri Espinosa
Real Broker
Buyer's Agent
Maggie Diamond
Penfield Properties
List Price
$160,000
Sold Price
$164,000
Premium/Discount to List
$4,000
2.5%

Purchase Details

Closed on
Jan 9, 2002
Sold by
Smith Akayo and The Akayo Smith Revocable Trus
Bought by
Smith Ayako

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
7.01%

Purchase Details

Closed on
Feb 22, 2000
Sold by
Smith Ayako
Bought by
Smith Ayako and Ayako Smith Revocable Trust

Purchase Details

Closed on
May 11, 1995
Sold by
The New Cove Properties Ltd Partnership
Bought by
Smith Ayako

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
8.47%
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
Bohart James A -- None Available
Bohart James A $193,000 American Title Service Agenc
Butterworth Barbara K -- American Title Service Agenc
Butterworth Barbara K $164,000 American Title Service Agenc
Smith Ayako -- Title Guaranty Agency
Smith Ayako -- --
Smith Ayako $111,292 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bohart James A $78,905
Closed Bohart James A $66,000
Open Bohart James A $154,400
Previous Owner Smith Ayako $200,000
Previous Owner Smith Ayado $75,000
Previous Owner Smith Ayako $30,000
Previous Owner Smith Ayako $108,250
Previous Owner Smith Ayako $95,000
Previous Owner Smith Ayako $81,600
Previous Owner Smith Ayako $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $193,000 -3.3% $176 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $199,500 0.0% $182 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $199,500 +21.6% $182 / Sq Ft
07/23/2013 07/23/13 Sold $164,000 +2.5% $149 / Sq Ft
04/05/2013 04/05/13 For Sale $160,000 -- $146 / 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 $1,407 $19,472 -- --
2024 $1,419 $18,545 -- --
2023 $1,419 $29,250 $5,850 $23,400
2022 $1,376 $24,960 $4,990 $19,970
2021 $1,454 $22,120 $4,420 $17,700
2020 $1,432 $20,520 $4,100 $16,420
2019 $1,316 $19,330 $3,860 $15,470
2018 $1,275 $18,700 $3,740 $14,960
2017 $1,231 $16,800 $3,360 $13,440
2016 $1,273 $16,810 $3,360 $13,450
2015 $1,160 $16,630 $3,320 $13,310
Source: Public Records

Agents Affiliated with this Home

  • Maggie Diamond

    Seller's Agent in 2014

    Maggie Diamond

    Penfield Properties

    (602) 999-9991

    83 Total Sales

    Section Image
  • Paul Baker

    Buyer's Agent in 2014

    Paul Baker

    RE/MAX

    (602) 677-1736

    1 in this area

    51 Total Sales

    Section Image
  • Sheri Espinosa

    Seller's Agent in 2013

    Sheri Espinosa

    Real Broker

    (480) 584-7456

    1 in this area

    54 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5080288

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-813A

Arizona Maricopa County Gilbert 85233 The Islands

1108 W Edgewater Dr, Gilbert, AZ

This home is located at 1108 W Edgewater Dr, Gilbert, AZ 85233 since 06 March 2014 and is currently estimated at $416,228, approximately $378 per square foot. This property was built in 1994. 1108 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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