NOT LISTED FOR SALE

Estimated Value: $388,000 - $416,000

2 Beds
2.5 Baths
1,198 Sq Ft
$332/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $395,000 $330 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,409/month

28 Days on Market

Highlights

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

About This Home

As of August 2022

Reduced for Immediate sale!! Owner wants sold now! Fantastic location in the heart of Gilbert! Welcome to the Islands with beautiful landscaping throughout community, lake access a short distance from this home. Fishing and boating at several lakes open to all residents. This townhome has its own private backyard complete with an above ground spa and Gazebo for privacy. Great floorplan with guest bath downstairs, 2 large bedrooms and bathrooms upstairs. Porcelain Plank tile floors on entire bottom level installed in 2019, interior completely repainted, 2019, garage floor coated, 2019, fireplace updated 2019, Roof redone 2020, exterior painted 2020 and AC installed 2020! LOWEST PRICED HOME IN THE ISLANDS!!!

Last Agent to Sell the Property

Carlene Krahn

West USA Realty License #SA563641000 Listed on: 06/18/2022

West USA Realty

Co-Listed By

AnaMarie Rigo

West USA Realty License #SA554003000

Last Buyer's Agent

Elizabeth Rolfe

HomeSmart License #BR530393000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $934

Year Built

  • Built in 1996

Lot Details

  • 2,243 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Private Yard
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,198 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Solar Screens
  • Living Room with Fireplace

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

Home Security

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 302-96-769

Community Details

Overview

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

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool
  • Bike Trail

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$934

Year Built

Built in 1996

Lot Details

0

HOA Fees

$237 per month

Parking

2

Listing Details

  • Cross Street: Warner & Cooper
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: The Islands
  • 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: 237.06
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2019
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2020
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2020
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2021
  • Directions: West on Warner, North on S. Islands Dr. E, First left at Breakwater Dr, Right on Crows Nest Dr, left on Windjammer Dr, home on Right.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Co List Office Mls Id: wusa02
  • Co List Office Phone: 480-948-5554
  • Subdivision Name: COVE AT THE ISLANDS LOT 1-173 TR A-Z AA-DD
  • Architectural Style: Contemporary
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 182.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Breakfast Bar, Fire Sprinklers, Soft Water Loop, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1198.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Pool, Lake Subdivision, Biking/Walking Path, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 330.38
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 182.0
  • Association Fee Frequency: Monthly
  • Association: The Islands
  • Association Name: Laguna Shores/Cove @
  • 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/Cove @
  • 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 Comm. Mgmt
  • Association Fees:HOA Management Phone: 480-759-4945
  • Association Fees:Cap ImprovementImpact Fee 2: 2045.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard 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 Fees:HOA Management Company 2: First Residential
  • Association Fees:HOA Management Phone 2: 480-551-4300

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, 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: 2243.0
  • Parcel #: 302-96-769
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: New Cove

Tax Info

  • Tax Annual Amount: 934.0
  • Tax Book Number: 302.00
  • Tax Lot: 107
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Aug 1, 2022
Sold by
Matthew Krahn
Bought by
Lythgoe Rachel
Seller's Agent
Carlene Krahn
West USA Realty
Buyer's Agent
Elizabeth Rolfe
HomeSmart
List Price
$425,000
Sold Price
$395,000
Premium/Discount to List
-$30,000
-7.06%
Views
9
Current Estimated Value
$397,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,146
Avg. Annual Appreciation
-0.32%
Original Mortgage
$370,000
Outstanding Balance
$356,557
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$34,541

Purchase Details

Listed on
Sep 14, 2018
Closed on
Dec 28, 2018
Sold by
Gorski Thomas R and Gorski Margaret M
Bought by
Krahn Matthew
Seller's Agent
Dolores Gorski
Unknown Office Name: none
Buyer's Agent
Carlene Krahn
West USA Realty
List Price
$239,000
Sold Price
$216,000
Premium/Discount to List
-$23,000
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.65%
Original Mortgage
$205,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2013
Closed on
Mar 1, 2013
Sold by
Olsen Laura
Bought by
Gorski Thomas R and Gorski Margaret M
Seller's Agent
Darlene Watson
Barrett Real Estate
Buyer's Agent
Dolores Gorski
Unknown Office Name: none
List Price
$130,000
Sold Price
$136,000
Premium/Discount to List
$6,000
4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$129,200
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2001
Sold by
Sanders Lisa M
Bought by
Engli Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,850
Interest Rate
7.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 1999
Sold by
Clifford Michael C
Bought by
Sanders Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,016
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 1996
Sold by
The New Cove Properties Ltd Partnership
Bought by
Clifford Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,150
Interest Rate
8.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Lythgoe Rachel $395,000 Wfg National Title Insurance C
Krahn Matthew $216,000 First American Title Insuran
Gorski Thomas R $136,000 Chicago Title Agency Inc
Engli Laura $116,500 North American Title Agency
Sanders Lisa M $103,200 Transnation Title Ins Co
Clifford Michael C $95,971 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lythgoe Rachel $370,000
Previous Owner Krahn Matthew $209,000
Previous Owner Krahn Matthew $205,200
Previous Owner Krahn Matthew $205,200
Previous Owner Gorski Thomas R $129,200
Previous Owner Engli Laura $107,000
Previous Owner Engli Laura $104,850
Previous Owner Sanders Lisa M $103,016
Previous Owner Clifford Michael C $91,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $395,000 -1.3% $330 / Sq Ft
07/14/2022 07/14/22 Price Changed $400,000 -4.8% $334 / Sq Ft
06/29/2022 06/29/22 Price Changed $420,000 -1.2% $351 / Sq Ft
06/17/2022 06/17/22 For Sale $425,000 +96.8% $355 / Sq Ft
02/01/2019 02/01/19 Sold $216,000 -1.4% $180 / Sq Ft
12/27/2018 12/27/18 Pending -- -- --
11/17/2018 11/17/18 Price Changed $219,000 -4.7% $183 / Sq Ft
10/18/2018 10/18/18 Price Changed $229,900 -3.0% $192 / Sq Ft
09/29/2018 09/29/18 Price Changed $237,000 -0.8% $198 / Sq Ft
09/14/2018 09/14/18 For Sale $239,000 +75.7% $199 / Sq Ft
03/05/2013 03/05/13 Sold $136,000 +4.6% $114 / Sq Ft
02/10/2013 02/10/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $130,000 0.0% $109 / Sq Ft
02/01/2012 02/01/12 Rented $995 -9.1% --
01/17/2012 01/17/12 Under Contract -- -- --
10/26/2011 10/26/11 For Rent $1,095 -- --
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 $904 $12,511 -- --
2024 $912 $11,915 -- --
2023 $912 $27,350 $5,470 $21,880
2022 $884 $21,620 $4,320 $17,300
2021 $934 $19,350 $3,870 $15,480
2020 $920 $17,410 $3,480 $13,930
2019 $845 $15,530 $3,100 $12,430
2018 $819 $14,980 $2,990 $11,990
2017 $791 $13,280 $2,650 $10,630
2016 $818 $12,810 $2,560 $10,250
2015 $745 $11,250 $2,250 $9,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6419657

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-769