NOT LISTED FOR SALE

Estimated Value: $371,810

2 Beds
2 Baths
1,099 Sq Ft
$338/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $178,000 $162 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,378/month

36 Days on Market

Highlights

  • Heated Spa
  • Community Lake
  • Vaulted Ceiling
  • Islands Elementary School Rated A-
  • Clubhouse
  • Double Pane Windows

About This Home

As of January 2017

Beautiful 2 Bed/ 2 Bath townhouse in the Beautiful Gilbert Islands community, Equipped w Ceiling fans in all rooms, Stainless Appliances, vaulted ceilings, small upstairs nook/loft and bright neutral paint throughout.

Great location close to downtown Gilbert and in-between both 60 and 202 frwy for your commuting needs.

Last Listed By

Hector Felix

Trekk Realty, LLC License #BR580149000 Listed on: 10/26/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $864

Year Built

  • Built in 1994

Lot Details

  • 2,283 Sq Ft Lot
  • 1 Common Wall
  • Private Streets
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $42 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
  • Solar Screens

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Outdoor Features

  • Heated Spa
  • Patio

Location

  • Property is near a bus stop

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 302-96-718

Community Details

Overview

  • 1St Serv Residential Association, Phone Number (480) 759-4945
  • The Islands Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Cove At The Islands Subdivision, Antiqua Floorplan
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$864

Year Built

Built in 1994

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Cross Street: COOPER AND WARNER
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2 Fee: 249.0
  • HOA #2 Name: The Islands
  • 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: 223.5
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2015
  • Master Model: ANTIQUA
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.05
  • Subdivision Name: COVE AT THE ISLANDS
  • Architectural Style: Ranch
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 182.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm
  • 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
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Private Street(s)
  • Lot Features: Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Laundry:In Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Lake Subdivision, Pool, Biking/Walking Path, Clubhouse
  • Amenities: Management
  • Association #2 Fee: 249.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee Frequency: Monthly
  • Association: The Islands
  • Association Name: Laguna Shores
  • Association Phone #2: 480-551-4300
  • 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: 480-759-4945
  • 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 COMMUNITY
  • Association Fees:HOA Management Phone: 480-759-4945
  • 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:Blanket Ins Policy: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fees:HOA Management Company 2: 1st Serv Residential
  • Association Fees:HOA Management Phone 2: 480-551-4300

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: 2283.0
  • Parcel #: 302-96-718
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 864.0
  • Tax Book Number: 302.00
  • Tax Lot: 56
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2016
Closed on
Dec 28, 2016
Sold by
Krause Charles W and Suzanne Krause E
Bought by
Mascari Erika
Seller's Agent
Hector Felix
Trekk Realty, LLC
Buyer's Agent
Susanne Efnor
RE/MAX Fine Properties
List Price
$187,000
Sold Price
$178,000
Premium/Discount to List
-$9,000
-4.81%
Total Days on Market
36
Current Estimated Value
$371,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,810
Avg. Annual Appreciation
9.18%
Original Mortgage
$169,100
Outstanding Balance
$140,694
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$231,116

Purchase Details

Listed on
Jun 23, 2013
Closed on
Jul 23, 2013
Sold by
Jocom Jacob and Jocom Allison
Bought by
Krause Charles W and Suzanne Krause E
Seller's Agent
Carol 'Sam' Y Russell
R P Real Pros
Buyer's Agent
Kris Black
Russ Lyon Sotheby's International Realty
List Price
$139,900
Sold Price
$140,500
Premium/Discount to List
$600
0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$138,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2002
Sold by
Catel Mark S
Bought by
Jocom Jacob C and Judd Allison C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,622
Interest Rate
5.96%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 1999
Sold by
Cordell Dominic
Bought by
Catel Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
7.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 1998
Sold by
Owens Jack A
Bought by
Cordell Dominic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 1995
Sold by
Owens Jack A
Bought by
Darner Dennis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,100
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 1995
Sold by
The New Cove Properties Ltd Partnership
Bought by
Owens Jack A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,100
Interest Rate
7.25%
Mortgage Type
New Conventional

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
Mascari Erika $178,000 Stewart Title Arizona Agency
Krause Charles W $140,500 Lawyers Title Of Arizona Inc
Jocom Jacob C $122,500 Capital Title Agency Inc
Catel Mark S $108,000 Capital Title Agency Inc
Cordell Dominic $104,900 Nations Title Insurance
Darner Dennis L -- --
Owens Jack A $81,207 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mascari Erika $169,100
Previous Owner Krause Charles W $138,000
Previous Owner Jocom Jacob C $119,622
Previous Owner Catel Mark S $86,400
Previous Owner Cordell Dominic $94,400
Previous Owner Owens Jack A $77,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $178,000 -1.0% $162 / Sq Ft
12/01/2016 12/01/16 Pending -- -- --
11/28/2016 11/28/16 Price Changed $179,750 -2.8% $164 / Sq Ft
11/11/2016 11/11/16 Price Changed $185,000 -1.1% $168 / Sq Ft
10/26/2016 10/26/16 For Sale $187,000 0.0% $170 / Sq Ft
10/01/2013 10/01/13 Rented $1,000 -99.3% --
09/28/2013 09/28/13 Under Contract -- -- --
07/29/2013 07/29/13 Sold $140,500 0.0% $128 / Sq Ft
07/17/2013 07/17/13 For Rent $1,125 0.0% --
07/12/2013 07/12/13 Pending -- -- --
07/11/2013 07/11/13 For Sale $139,900 0.0% $127 / Sq Ft
07/03/2013 07/03/13 Price Changed $139,900 0.0% $127 / Sq Ft
06/29/2013 06/29/13 Pending -- -- --
06/28/2013 06/28/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $139,900 -- $127 / 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 $877 $12,135 -- --
2024 $885 $11,557 -- --
2023 $885 $25,200 $5,040 $20,160
2022 $858 $20,960 $4,190 $16,770
2021 $906 $18,680 $3,730 $14,950
2020 $892 $16,810 $3,360 $13,450
2019 $820 $14,960 $2,990 $11,970
2018 $795 $14,470 $2,890 $11,580
2017 $767 $12,810 $2,560 $10,250
2016 $947 $12,230 $2,440 $9,790
2015 $864 $10,780 $2,150 $8,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5516830

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-718