Seller's Agent in 2025
Katie Baccus
Compass
(480) 206-4336
5 in this area
288 Total Sales
1155 W Edgewater Dr Gilbert, AZ 85233
The Islands Neighborhood
2
Beds
2.5
Baths
1,359
Sq Ft
$222/mo
HOA Fee
Highlights
- Community Lake
- Vaulted Ceiling
- Community Pool
- Islands Elementary School Rated A-
- 1 Fireplace
- Tennis Courts
About This Home
As of May 2025Welcome home! This beautifully remodeled two-bedroom townhome is nestled in the serene lakeside community of The Cove at the Islands in Gilbert, AZ. Step inside to an inviting open-concept floor plan, where soaring vaulted ceilings and abundant natural light create a bright and airy ambiance. The newly upgraded oak laminate flooring flows seamlessly throughout, complementing the cozy wood-burning fireplace, encased in slate tile, that adds warmth and charm. The kitchen is a true showstopper, with no expense spared in its renovation. Featuring brand-new white shaker cabinets with stylish hardware and soft-close drawers, sleek quartz countertops, a modern backsplash, and stainless steel appliances, this space is both elegant and functional. Adjacent to the kitchen, the cozy dining area boasts a built-in breakfast banquette with convenient storage, accented by a charming shiplap wall treatment. Upstairs, a spacious loft overlooks the living area below, offering additional flexibility for an office, reading nook, or lounge space. The generous primary suite is a retreat of its own, complete with a large soaking tub, double sinks, and a walk-in closet. Step outside to a tranquil backyard, the perfect spot to enjoy your morning coffee. Located directly across the street from the lake, this home offers partial lake views and is just a short stroll from the water. Come experience the charm and comfort of this darling townhomeyou won't be disappointed!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,160
Year Built
- Built in 1996
Lot Details
- 2,139 Sq Ft Lot
- Desert faces the front and back of the property
- Block Wall Fence
- Front Yard Sprinklers
- Grass Covered Lot
HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 1,359 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- 1 Fireplace
- Double Pane Windows
Kitchen
- Kitchen Updated in 2024
- Eat-In Kitchen
- Breakfast Bar
- Electric Cooktop
- Built-In Microwave
Flooring
- Floors Updated in 2024
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom Updated in 2024
- Primary Bathroom is a Full Bathroom
- 2.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Schools
- Islands Elementary School
- Mesquite Jr High Middle School
- Mesquite High School
Utilities
- Central Air
- Heating Available
- Plumbing System Updated in 2024
- High Speed Internet
- Cable TV Available
Additional Features
- Patio
- Property is near a bus stop
Listing and Financial Details
- Tax Lot 112
- Assessor Parcel Number 302-96-774
Community Details
Overview
- Association fees include roof repair, insurance, ground maintenance, front yard maint, trash, roof replacement, maintenance exterior
- Laguna Shores Association, Phone Number (480) 759-4945
- The Islands Association, Phone Number (480) 551-4300
- Association Phone (480) 551-4300
- Built by Cove Properties
- Cove At The Islands Lot 1 173 Tr A Z Aa Dd Subdivision
- Community Lake
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2025
Closed on
May 22, 2025
Sold by
Villani Frank G and Villani Family Trust
Bought by
Kennedy Michael John
Seller's Agent
Katie Baccus
Compass
Buyer's Agent
jeff franklin
My Home Group Real Estate
List Price
$465,000
Sold Price
$455,000
Premium/Discount to List
-$10,000
-2.15%
Views
214
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,378
Avg. Annual Appreciation
5.51%
Original Mortgage
$364,000
Outstanding Balance
$363,381
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$98,997
Purchase Details
Closed on
Jul 29, 2018
Sold by
Connolly Villani Frank G and Connolly Villani Pauline A
Bought by
Connolly Villani Frank G and Connolly Villani Pauline A
Purchase Details
Listed on
Mar 28, 2018
Closed on
Apr 20, 2018
Sold by
Harris Nancy L
Bought by
Connolly Villani Frank G and Connolly Villani Pauline A
Seller's Agent
Julie Kinkead
HomeSmart
Buyer's Agent
Tori Edwards
Richmond American Homes
List Price
$225,000
Sold Price
$225,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$145,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 1, 2016
Closed on
Jan 31, 2017
Sold by
Od Arizona F Llc
Bought by
Harris Nancy L
Seller's Agent
Jacqueline Moore
Opendoor Brokerage, LLC
Buyer's Agent
Julie Kinkead
HomeSmart
List Price
$210,000
Sold Price
$205,000
Premium/Discount to List
-$5,000
-2.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$201,286
Interest Rate
4.37%
Mortgage Type
FHA
Purchase Details
Listed on
Jul 31, 2016
Closed on
Oct 18, 2016
Sold by
Bayer Jennifer A
Bought by
Od Arizona F Llc
Seller's Agent
Mike Murphy
Realty ONE Group
Buyer's Agent
Jeffery Hixson
LPT Realty, LLC
List Price
$199,000
Sold Price
$185,107
Premium/Discount to List
-$13,893
-6.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.79%
Original Mortgage
$100,000,000
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 15, 2011
Sold by
Dow Jeffrey and Dow Stephanie
Bought by
Bayer Jennifer A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Dow Jeffrey S and Dow Stephanie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 23, 2010
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of The Department Of Housing &
Purchase Details
Closed on
Oct 18, 2010
Sold by
Dewantara Riska
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Jun 22, 2004
Sold by
Vagi Thomas E
Bought by
Dewantara Riksa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000
Interest Rate
6.27%
Mortgage Type
Unknown
Purchase Details
Closed on
May 9, 2000
Sold by
Ortega Robert F and Ortega Sharyl L
Bought by
Vagi Thomas E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
8.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 1, 1998
Sold by
Ortega Robert F and Ortega Sharyl L
Bought by
Ortega Robert F and Ortega Sharyl L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,018
Interest Rate
6.82%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 3, 1996
Sold by
The New Cove Properties Ltd Partnership
Bought by
Ortega Robert F and Rodgers Sharyl L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,297
Interest Rate
8.01%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $455,000 | Wfg National Title Insurance C | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $225,000 | Fidelity National Title Agen | |
| Warranty Deed | $205,000 | Lawyers Title | |
| Warranty Deed | $185,107 | Fidelity Natl Title Agency I | |
| Warranty Deed | $120,000 | Pioneer Title Agency Inc | |
| Special Warranty Deed | -- | Grand Canyon Title Agency | |
| Warranty Deed | -- | First American Title Ins Co | |
| Trustee Deed | $165,056 | Accommodation | |
| Warranty Deed | $141,000 | Capital Title Agency Inc | |
| Warranty Deed | $114,000 | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $97,625 | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $364,000 | New Conventional | |
| Previous Owner | $145,000 | New Conventional | |
| Previous Owner | $201,286 | FHA | |
| Previous Owner | $100,000,000 | Purchase Money Mortgage | |
| Previous Owner | $114,000 | New Conventional | |
| Previous Owner | $56,000 | New Conventional | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $162,400 | FHA | |
| Previous Owner | $3,000 | Unknown | |
| Previous Owner | $135,000 | FHA | |
| Previous Owner | $102,600 | New Conventional | |
| Previous Owner | $94,018 | FHA | |
| Previous Owner | $95,297 | FHA | |
| Closed | $135,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $455,000 | 0.0% | $335 / Sq Ft |
| 04/07/2025 04/07/25 | Price Changed | $455,000 | -2.2% | $335 / Sq Ft |
| 03/27/2025 03/27/25 | For Sale | $465,000 | +106.7% | $342 / Sq Ft |
| 04/26/2018 04/26/18 | Sold | $225,000 | 0.0% | $166 / Sq Ft |
| 03/28/2018 03/28/18 | For Sale | $225,000 | +9.8% | $166 / Sq Ft |
| 03/24/2017 03/24/17 | Sold | $205,000 | -2.4% | $151 / Sq Ft |
| 02/18/2017 02/18/17 | Pending | -- | -- | -- |
| 02/07/2017 02/07/17 | For Sale | $210,000 | +2.4% | $155 / Sq Ft |
| 02/07/2017 02/07/17 | Off Market | $205,000 | -- | -- |
| 02/06/2017 02/06/17 | For Sale | $210,000 | 0.0% | $155 / Sq Ft |
| 01/31/2017 01/31/17 | Pending | -- | -- | -- |
| 01/12/2017 01/12/17 | Price Changed | $210,000 | -0.5% | $155 / Sq Ft |
| 12/22/2016 12/22/16 | Price Changed | $211,000 | -0.9% | $155 / Sq Ft |
| 12/01/2016 12/01/16 | Price Changed | $213,000 | -0.5% | $157 / Sq Ft |
| 11/16/2016 11/16/16 | For Sale | $214,000 | 0.0% | $157 / Sq Ft |
| 11/10/2016 11/10/16 | Pending | -- | -- | -- |
| 11/01/2016 11/01/16 | For Sale | $214,000 | +15.6% | $157 / Sq Ft |
| 10/19/2016 10/19/16 | Sold | $185,107 | -5.6% | $136 / Sq Ft |
| 09/01/2016 09/01/16 | Price Changed | $196,000 | -1.5% | $144 / Sq Ft |
| 07/31/2016 07/31/16 | For Sale | $199,000 | -- | $146 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,160 | $13,264 | -- | -- |
| 2024 | $1,166 | $12,632 | -- | -- |
| 2023 | $1,166 | $28,480 | $5,690 | $22,790 |
| 2022 | $1,134 | $22,710 | $4,540 | $18,170 |
| 2021 | $1,173 | $20,310 | $4,060 | $16,250 |
| 2020 | $1,155 | $18,330 | $3,660 | $14,670 |
| 2019 | $1,073 | $16,400 | $3,280 | $13,120 |
| 2018 | $1,044 | $15,810 | $3,160 | $12,650 |
| 2017 | $838 | $14,060 | $2,810 | $11,250 |
| 2016 | $867 | $13,660 | $2,730 | $10,930 |
| 2015 | $790 | $11,980 | $2,390 | $9,590 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Baccus
-
jeff franklin
Buyer's Agent in 2025
jeff franklin
My Home Group Real Estate
(602) 799-6900
2 in this area
50 Total Sales
-
Julie Kinkead
Seller's Agent in 2018
Julie Kinkead
HomeSmart
(480) 250-7828
56 Total Sales
-
T
Buyer's Agent in 2018
Tori Edwards
Richmond American Homes
-
J
Seller's Agent in 2017
Jacqueline Moore
Opendoor Brokerage, LLC
-
J
Seller Co-Listing Agent in 2017
Jingyi Wang
Opendoor Brokerage, LLC
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6841722
APN: 302-96-774
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.
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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