NOT LISTED FOR SALE

Estimated Value: $396,711

2 Beds
2.5 Baths
1,358 Sq Ft
$292/Sq Ft Est. Value

Last Sold January 24, 2014

Last sale price $150,000 $110 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,445/month

50 Days on Market

Highlights

  • Community Lake
  • Vaulted Ceiling
  • Private Yard
  • Islands Elementary School Rated A-
  • Granite Countertops
  • Community Pool

About This Home

As of January 2014

BEAUTIFUL RENOVATED 2 STORY TOWNHOME in The Islands in the heart of Gilbert. MOVE IN READY! 2 Car Attached Garage! LARGE Dual Master Bedrooms plus Loft! Vaulted Ceilings and OPEN FLOORPLAN WITH BRAND NEW KITCHEN Maple Cabinets and GRANITE COUNTERTOPS! NEW BLACK Kitchen Appliances! Fridge, Washer and Dryer also INCLUDED! New Tile throughout the lower level. TONS of Storage Space. Upstairs Loft overlooks Great Room. Master Suite has Garden Tub and Dual Sinks with LARGE WALK IN CLOSET. REAL WOOD BURNING FIREPLACE in Great Room. No Homes Behind! NO MAINTENANCE YARDS! Backyard Patio/Yard with Fence and HOA takes care of everything in the Front! On Cul-de-sac road with low traffic! Community Pool and Lake within Walking Distance. Walking & Bike Paths Throughout! Great GILBERT SCHOOLS!

Last Agent to Sell the Property

Megan Williams

HomeSmart License #BR627160000 Listed on: 11/10/2013

HomeSmart

Last Buyer's Agent

Jessica Day

eXp Realty License #SA643225000

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $729

Year Built

  • Built in 1994

Lot Details

  • 2,043 Sq Ft Lot
  • 1 Common Wall
  • Desert faces the back of the property
  • Block Wall Fence
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,358 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 302-96-684

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, street maintenance, front yard maint, trash, roof replacement, maintenance exterior
  • Laguna Shores HOA, Phone Number (480) 551-4300
  • Rossmar Graham Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • The Cove At The Islands Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$729

Year Built

Built in 1994

Lot Details

0

HOA Fees

$221 per month

Parking

2

Listing Details

  • Cross Street: Cooper & Warner
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Rossmar Graham
  • HOA #2 Phone Number: 480-551-4300
  • 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: 221.33
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1994
  • Tax Year: 2013
  • Directions: From 101 - Exit Warner Rd. Merge onto N Price Rd. East onto W Warner Rd. North onto Islands Dr E. 1st left onto Sunset Dr. Left on Crows Nest Dr. Left on Mango Dr. Home on Left.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: The Cove at the Islands
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 182.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm
  • Living Area: 1358.0
  • Stories: 2
  • Window Features: Solar Screens
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Desert Back, Grass Front, Auto Timer H2O Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Community Pool, Playground, Biking/Walking Path
  • Association #2 Fee: 236.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 182.0
  • Association Fee Frequency: Monthly
  • Association: Rossmar Graham
  • Association Name: Laguna Shores HOA
  • Association Phone #2: 480-551-4300
  • Phone: 480-551-4300
  • 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 HOA
  • Association Fees:HOA Telephone4: 480-551-4300
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior

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

  • Land Lease: No
  • Lot Size Sq Ft: 2043.0
  • Parcel #: 302-96-684

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 728.58
  • Tax Book Number: 302.00
  • Tax Lot: 22
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2014
Sold by
Patton Merita
Bought by
Patton Merita and Patton Robert J
Current Estimated Value
$396,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,150
Outstanding Balance
$8,472
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$383,367

Purchase Details

Closed on
Jun 25, 2014
Sold by
Nela Hysnije
Bought by
Patton Merita

Purchase Details

Listed on
Nov 10, 2013
Closed on
Jan 8, 2014
Sold by
Eggertson Douglas
Bought by
Nela Hysnije
Seller's Agent
Megan Williams
HomeSmart
Buyer's Agent
Jessica Day
eXp Realty
List Price
$163,000
Sold Price
$150,000
Premium/Discount to List
-$13,000
-7.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%

Purchase Details

Closed on
Jun 20, 2011
Sold by
Young Stephen C and Young Sharman W
Bought by
Eggertson Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,800
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2011
Sold by
Novelli Marina
Bought by
Eggertson Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,800
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2006
Sold by
Young Stephen Clair and Young Sharman W
Bought by
Young Stephen C and Young Sharman

Purchase Details

Closed on
Mar 9, 2006
Sold by
Lampman Dean M and Lampman Susan T
Bought by
Young Stephen Clair and Young Sharman W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 1999
Sold by
Armstrong Ralph M
Bought by
Lampman Dean M and Lampman Susan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,333
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 1998
Sold by
Cuozzo Kimberly and Armstrong Kimberly
Bought by
Armstrong Ralph M

Purchase Details

Closed on
Aug 23, 1994
Sold by
The New Cove Properties Ltd Partnership
Bought by
Armstrong Ralph M and Armstrong Kimberley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
7.62%
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
Patton Merita -- Fidelity Natl Title Ins Co
Patton Merita -- None Available
Nela Hysnije $150,000 Magnus Title Agency
Eggertson Douglas $89,000 American Title Service Agenc
Eggertson Douglas -- American Title Service Agenc
Young Stephen C -- None Available
Young Stephen Clair $235,000 Capital Title Agency Inc
Lampman Dean M $108,500 Security Title Agency
Armstrong Ralph M -- Lawyers Title Of Arizona Inc
Armstrong Ralph M $83,921 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patton Merita $52,150
Previous Owner Eggertson Douglas $57,800
Previous Owner Eggertson Douglas $57,800
Previous Owner Young Stephen Clair $188,000
Previous Owner Lampman Dean M $108,333
Previous Owner Armstrong Ralph M $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2014 01/24/14 Sold $150,000 -8.0% $110 / Sq Ft
12/30/2013 12/30/13 Pending -- -- --
11/10/2013 11/10/13 For Sale $163,000 -- $120 / 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 $952 $13,170 -- --
2024 $960 $12,543 -- --
2023 $960 $28,350 $5,670 $22,680
2022 $931 $22,580 $4,510 $18,070
2021 $984 $20,210 $4,040 $16,170
2020 $968 $18,260 $3,650 $14,610
2019 $890 $16,320 $3,260 $13,060
2018 $863 $15,730 $3,140 $12,590
2017 $832 $14,000 $2,800 $11,200
2016 $861 $13,570 $2,710 $10,860
2015 $785 $11,910 $2,380 $9,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5028580

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-684