NOT LISTED FOR SALE

Estimated Value: $524,000 - $575,000

4 Beds
2.5 Baths
2,282 Sq Ft
$240/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $540,000 $237 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,378/month

6 Days on Market

Highlights

  • Community Lake
  • Clubhouse
  • Vaulted Ceiling
  • Islands Elementary School Rated A-
  • Two Way Fireplace
  • Main Floor Primary Bedroom

About This Home

As of March 2022

Beautiful 4bd/2.5 bath home located in the prestigious, The Islands neighborhood. A north facing backyard offers a private, large, corner lot on a cul-de-sac street, perfect for entertaining or a private oasis. Granite countertops, wood shutters, first floor primary bedroom, dual sink bath, soaking tub, private toilet and walk-in closet, dramatic 2-way fireplace, eat in kitchen, dining room, dual paned windows, newer ac unit/hot water heater, security screen door and updates throughout. Immaculately maintained home is move-in ready for the most discerning homeowner. Home Warranty Incl. 300ft walk to comm pool/rec area. Walk to nearby restaurants, shops and svcs. HOA incl.s front yard maintenance. Buyer to verify all facts & HOA rental policies.

Last Agent to Sell the Property

Deborah Rassas

HomeSmart License #SA558551000 Listed on: 02/02/2022

HomeSmart

Last Buyer's Agent

Melissa Schumer

Russ Lyon Sotheby's International Realty License #SA655186000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,877

Year Built

  • Built in 1987

Lot Details

  • 7,662 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,282 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Two Way Fireplace
  • Double Pane Windows
  • Security System Owned

Kitchen

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 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

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

Additional Features

  • Covered patio or porch
  • Property is near a bus stop

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 74
  • Assessor Parcel Number 302-96-494

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint
  • First Residential Association, Phone Number (480) 551-4300
  • The Islands Association
  • Built by US Home Corp
  • Islands Patio Homes A Amd Lot 1 94 193 233 Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,877

Year Built

Built in 1987

Lot Details

0

HOA Fees

$164 per month

Parking

2

Listing Details

  • Cross Street: McQueen Rd & Elliot Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: The Islands
  • HOA #2 Phone Number: 48-551-4300
  • 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: 164.1
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2007
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2007
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2016
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2007
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1987
  • Tax Year: 2021
  • Directions: East on Elliot Rd, South on S Islands Dr, East on S Islands Dr E, Left, on W Pacific Drive continue on W Pacific Dr to S Ocean Dr, Left on S Ocean Dr to NW corner of Sandman Dr and S Ocean Dr
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: ISLANDS PATIO HOMES A AMD LOT 1-94 193-233
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 109.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Two Way Fireplace
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Soft Water Loop, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 2282.0
  • 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
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes
  • Fireplace:Two Way Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition, Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: 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, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Near Bus Stop, Lake Subdivision, Biking/Walking Path, Clubhouse
  • Association #2 Fee: 330.58
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 109.0
  • Association Fee Frequency: Monthly
  • Association: The Islands
  • Association Name: Elliot Shores
  • Association Phone #2: 48-551-4300
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Elliot Shores
  • Association Fees:HOA Telephone4: 480551-4300
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 218.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: First Residential
  • Association Fees:Cap ImprovementImpact Fee 2: 54505.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Front Yard Maint

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: 7662.0
  • Parcel #: 302-96-494
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: US Home Corp

Tax Info

  • Tax Annual Amount: 1877.0
  • Tax Book Number: 302.00
  • Tax Lot: 74
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 3, 2022
Sold by
Sara L Rassas Living Trust
Bought by
Hughes Deborah A
Seller's Agent
Deborah Rassas
HomeSmart
Buyer's Agent
Melissa Schumer
Russ Lyon Sotheby's International Realty
List Price
$560,000
Sold Price
$540,000
Premium/Discount to List
-$20,000
-3.57%
Total Days on Market
6
Current Estimated Value
$547,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,058
Avg. Annual Appreciation
0.51%
Original Mortgage
$415,200
Outstanding Balance
$390,474
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$158,459

Purchase Details

Closed on
Aug 2, 2016
Sold by
Rassas Sara L
Bought by
Rassas Sara L and The Sara L Rassas Living Trust Ua

Purchase Details

Closed on
Apr 18, 2000
Sold by
Rassas Maher Z
Bought by
Rassas Sara L
Source: Public Records

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Range of Values:

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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
Hughes Deborah A $540,000 Amrock
Rassas Sara L -- None Available
Rassas Sara L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Deborah A $415,200
Previous Owner Rassas Sara L $50,000
Previous Owner Rassas Sara L $36,000
Previous Owner Rassas Sara L $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $540,000 -3.6% $237 / Sq Ft
02/01/2022 02/01/22 For Sale $560,000 -- $245 / 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 $1,819 $24,928 -- --
2024 $1,833 $23,741 -- --
2023 $1,833 $38,420 $7,680 $30,740
2022 $1,777 $29,410 $5,880 $23,530
2021 $1,877 $27,920 $5,580 $22,340
2020 $1,848 $26,630 $5,320 $21,310
2019 $1,698 $23,900 $4,780 $19,120
2018 $1,647 $22,510 $4,500 $18,010
2017 $1,590 $21,130 $4,220 $16,910
2016 $1,646 $20,360 $4,070 $16,290
2015 $1,500 $19,360 $3,870 $15,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6349776

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-494