NOT LISTED FOR SALE

Estimated Value: $386,000 - $404,000

2 Beds
2.5 Baths
1,358 Sq Ft
$291/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $203,000 $149 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,370/month

30 Days on Market

Highlights

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

About This Home

As of May 2017

Feels like you are walking into a brand new home! Located in the beautiful Gilbert Islands lake community.

Last Agent to Sell the Property

Thomas Mulligan

Platinum Peak Realty, LLC License #BR549008000 Listed on: 03/24/2017

Last Buyer's Agent

Michael Gooding

RE/MAX Alliance Group License #SA649242000

RE/MAX Alliance Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $837

Year Built

  • Built in 1995

Lot Details

  • 2,134 Sq Ft Lot
  • Block Wall Fence
  • Private Yard
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,358 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 302-96-664

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, street maintenance, front yard maint, roof replacement, maintenance exterior
  • Laguna Shores Association, Phone Number (480) 759-4945
  • The Islands Communit Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Cove At The Islands Lot 1 173 Tr A Z Aa Dd Subdivision
  • Community Lake

Recreation

  • Heated Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$837

Year Built

Built in 1995

Lot Details

0

HOA Fees

$226 per month

Parking

2

Listing Details

  • Cross Street: Cooper & Warner
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: The islands communit
  • HOA #2 Phone Number: 480-551-4300
  • HOA #2 Transfer Fee: 155.0
  • 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: 225.59
  • 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: 1995
  • Tax Year: 2016
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: COVE AT THE ISLANDS LOT 1-173 TR A-Z AA-DD
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 149.48
  • Association Fees:HOA Fee2: 182.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1358.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Lake Subdivision
  • Association #2 Fee: 261.51
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 182.0
  • Association Fee Frequency: Monthly
  • Association: The islands communit
  • 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 Paid Frequency: Monthly
  • Association Fees:HOA Name4: Laguna Shores
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 427.06
  • 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

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Street Maint, Front Yard Maint, 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: 2134.0
  • Parcel #: 302-96-664
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 837.0
  • Tax Book Number: 302.00
  • Tax Lot: 2
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2025
Sold by
Banas Lauren S
Bought by
Lauren Banas Living Trust and Banas
Current Estimated Value
$394,826

Purchase Details

Listed on
Mar 24, 2017
Closed on
May 16, 2017
Sold by
Feddersen Wendy M
Bought by
Banas Lauren S
Seller's Agent
Thomas Mulligan
Platinum Peak Realty, LLC
Buyer's Agent
Michael Gooding
RE/MAX Alliance Group
List Price
$225,000
Sold Price
$203,000
Premium/Discount to List
-$22,000
-9.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$188,100
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2015
Closed on
Jun 16, 2015
Sold by
Ev Capital Llc
Bought by
Feddersen Wendy M
Seller's Agent
Eric Bengson
Realty Executives
Buyer's Agent
Thomas Mulligan
Platinum Peak Realty, LLC
List Price
$184,900
Sold Price
$176,000
Premium/Discount to List
-$8,900
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$158,400
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2014
Closed on
Mar 5, 2015
Sold by
Tschawuschian Jack
Bought by
Ev Capital Llc
Seller's Agent
James Edens
Capstone Realty Professionals
Buyer's Agent
Jack Tschawuschian
HomeSmart
List Price
$147,500
Sold Price
$125,000
Premium/Discount to List
-$22,500
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
152.13%

Purchase Details

Listed on
Oct 7, 2014
Closed on
Jan 27, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
Tschawuchian Jack
Seller's Agent
James Edens
Capstone Realty Professionals
Buyer's Agent
Jack Tschawuschian
HomeSmart
List Price
$147,500
Sold Price
$125,000
Premium/Discount to List
-$22,500
-15.25%

Purchase Details

Closed on
Sep 10, 2014
Sold by
Marsden Mark C
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 30, 2009
Sold by
Marsden Mark C
Bought by
The Cove Homeowners Association Inc

Purchase Details

Closed on
Jul 24, 2004
Sold by
Kirk Carolie S
Bought by
Marsden Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,900
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2003
Sold by
Malgradi Raymond
Bought by
Kirk Carolie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,485
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2001
Sold by
Hall Michael and Gilligan Melissa
Bought by
Kirk Carolle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,520
Interest Rate
7.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 1998
Sold by
Mustard Kirk T
Bought by
Hall Michael and Gilligan Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,050
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 1996
Sold by
The New Cove Properties Ltd Partnership
Bought by
Mustard Kirk T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Interest Rate
7%
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
Lauren Banas Living Trust -- None Listed On Document
Banas Lauren S $203,000 Grand Canyon Title Agency
Feddersen Wendy M $176,000 Grand Canyon Title Agency
Ev Capital Llc -- None Available
Tschawuchian Jack $125,000 Security Title Agency
Deutsche Bank National Trust Company $155,314 Great American Title Agency
The Cove Homeowners Association Inc $10,425 None Available
Marsden Mark C $139,900 Lawyers Title Ins
Kirk Carolie S -- Stewart Title & Trust
Kirk Carolle S $116,900 Fidelity National Title
Hall Michael $108,500 First Southwestern Title
Mustard Kirk T $102,995 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banas Lauren S $188,100
Previous Owner Feddersen Wendy M $158,400
Previous Owner Marsden Mark C $132,900
Previous Owner Kirk Carolie S $110,485
Previous Owner Kirk Carolle S $93,520
Previous Owner Hall Michael $103,050
Previous Owner Mustard Kirk T $97,750
Closed Kirk Carolle S $17,535
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2017 05/26/17 Sold $203,000 -5.5% $149 / Sq Ft
04/23/2017 04/23/17 Pending -- -- --
04/19/2017 04/19/17 Price Changed $214,900 -2.3% $158 / Sq Ft
04/13/2017 04/13/17 Price Changed $219,900 -2.3% $162 / Sq Ft
03/24/2017 03/24/17 For Sale $225,000 +27.8% $166 / Sq Ft
06/19/2015 06/19/15 Sold $176,000 -2.2% $130 / Sq Ft View Prior Sale
05/05/2015 05/05/15 Pending -- -- --
04/22/2015 04/22/15 Price Changed $179,950 -2.5% $133 / Sq Ft
04/09/2015 04/09/15 Price Changed $184,500 -0.2% $136 / Sq Ft
03/27/2015 03/27/15 For Sale $184,900 +47.9% $136 / Sq Ft
02/05/2015 02/05/15 Sold $125,000 -7.3% $92 / Sq Ft View Prior Sale
01/27/2015 01/27/15 Pending -- -- --
01/14/2015 01/14/15 Price Changed $134,900 -8.5% $99 / Sq Ft
01/02/2015 01/02/15 For Sale $147,500 +18.0% $109 / Sq Ft
01/02/2015 01/02/15 Off Market $125,000 -- --
12/11/2014 12/11/14 Price Changed $147,500 -7.8% $109 / Sq Ft
11/10/2014 11/10/14 Price Changed $159,900 -8.0% $118 / Sq Ft
10/01/2014 10/01/14 For Sale $173,800 -- $128 / 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 $962 $12,793 -- --
2024 $932 $12,184 -- --
2023 $932 $27,710 $5,540 $22,170
2022 $904 $22,080 $4,410 $17,670
2021 $955 $19,760 $3,950 $15,810
2020 $941 $17,830 $3,560 $14,270
2019 $865 $16,360 $3,270 $13,090
2018 $838 $15,770 $3,150 $12,620
2017 $808 $14,020 $2,800 $11,220
2016 $837 $12,370 $2,470 $9,900
2015 $910 $11,930 $2,380 $9,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5580539

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-664