NOT LISTED FOR SALE

1231 W Atlantic Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $416,000 - $482,000

3 Beds
2.5 Baths
1,638 Sq Ft
$279/Sq Ft Est. Value

Last Sold February 14, 2019

Last sale price $275,000 $168 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,593/month

68 Days on Market

Highlights

  • Heated Spa
  • Community Lake
  • Vaulted Ceiling
  • Islands Elementary School Rated A-
  • Contemporary Architecture
  • Covered Patio or Porch

About This Home

As of February 2019

Way Below Market.....
Lowest price single family home in The Islands
***Just Try and find a Islands home for Under 300K and with this size lot.
This home is in need of some updating...thats why this incredible price for the location.
Huge vaulted Ceilings, 6 ceiling fans, wood floor AND newer(2016) carpet ALL upstairs. HUGE back yard.....with big beautiful shade trees and nice covered patio.
If you want a great investment that needs some updating...and you want a great price!
Great Lot with amazing size trees...very close to the lakes.
You can not find a better investment in the Islands.....and with a beautiful Lot like this!!

Last Agent to Sell the Property

Troy Reeves

RE/MAX Solutions License #BR105780000 Listed on: 11/02/2018

RE/MAX Solutions

Last Buyer's Agent

Eric Pajak

Balboa Realty, LLC License #SA653698000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,265

Year Built

  • Built in 1987

Lot Details

  • 5,493 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,638 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, street maintenance
  • Islands Community Association, Phone Number (480) 545-7740
  • Built by Bowen
  • Islands Patio Homes B Amd Lot 95 192 Tr C E Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 156
  • Assessor Parcel Number 302-96-623

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,265

Year Built

Built in 1987

Lot Details

0

HOA Fees

$45 per month

Parking

2

Listing Details

  • Cross Street: MCQUEEN & ELLIOT
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 45.0
  • Basement: N
  • Items Updated Floor Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1987
  • Spa Private: Yes
  • Tax Year: 2018
  • Directions: E on Elliot, S on Island Dr to Beautiful Fountain, E at Fountain to Atlantic Dr. E2 property
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: ISLANDS PATIO HOMES B AMD LOT 95-192 TR C-E
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 45.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Above Ground, Heated, Private
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 1638.0
  • Stories: 2
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Basement Description:Full: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 45.0
  • Association Fee Frequency: Monthly
  • Association Name: Islands Community
  • Phone: 480-545-7740
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 295.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Islands Community
  • Association Fees:HOA Telephone4: 480-545-7740
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street 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: 5493.0
  • Parcel #: 302-96-623

Building Info

  • Builder Name: Bowen

Tax Info

  • Tax Annual Amount: 1265.0
  • Tax Book Number: 302.00
  • Tax Lot: 156
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2019
Sold by
Robinson Lucas
Bought by
Robinson Lucas and Robinson Samantha
Current Estimated Value
$456,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,528
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Listed on
Nov 2, 2018
Closed on
Feb 12, 2019
Sold by
Strohacker William and Strohacker Geraldine
Bought by
Robinson Lucas
Seller's Agent
Troy Reeves
RE/MAX Solutions
Buyer's Agent
Eric Pajak
Balboa Realty, LLC
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$267,761
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Sep 23, 1999
Sold by
Zhao Yanyu
Bought by
Strohacker William W and Strohacker Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,797
Interest Rate
8.09%
Mortgage Type
VA

Purchase Details

Closed on
May 7, 1997
Sold by
Vip Construction Inc
Bought by
Zhao Yanyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,200
Interest Rate
8.15%

Purchase Details

Closed on
Feb 7, 1996
Sold by
Wang Chih Ming and Wang Pei Chen Tsai
Bought by
Vip Construction Inc
Source: Public Records

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
Robinson Lucas -- None Available
Robinson Lucas $272,000 Pioneer Title Agency Inc
Strohacker William W $129,900 Security Title Agency
Zhao Yanyu $116,000 First American Title
Vip Construction Inc $104,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Lucas $288,880
Closed Robinson Lucas $273,360
Closed Robinson Lucas $270,528
Closed Robinson Lucas $267,761
Previous Owner Strohacker William W $103,500
Previous Owner Strohacker William W $62,200
Previous Owner Strohacker William $135,816
Previous Owner Strohacker William W $133,797
Previous Owner Zhao Yanyu $110,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2019 02/14/19 Sold $275,000 0.0% $168 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
01/07/2019 01/07/19 Price Changed $275,000 -5.2% $168 / Sq Ft
01/04/2019 01/04/19 Price Changed $289,975 0.0% $177 / Sq Ft
11/30/2018 11/30/18 For Sale $290,000 0.0% $177 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $290,000 -- $177 / 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 $1,397 $19,134 -- --
2024 $1,407 $18,223 -- --
2023 $1,407 $31,150 $6,230 $24,920
2022 $1,364 $23,900 $4,780 $19,120
2021 $1,441 $22,560 $4,510 $18,050
2020 $1,418 $21,250 $4,250 $17,000
2019 $1,303 $18,850 $3,770 $15,080
2018 $1,265 $17,530 $3,500 $14,030
2017 $1,220 $16,320 $3,260 $13,060
2016 $1,257 $15,580 $3,110 $12,470
2015 $1,151 $14,570 $2,910 $11,660
Source: Public Records

Agents Affiliated with this Home

  • Troy Reeves

    Seller's Agent in 2019

    Troy Reeves

    RE/MAX

    (480) 892-5300

    3 in this area

    70 Total Sales

    Troy Reeves
    Section Image

  • E

    Buyer's Agent in 2019

    Eric Pajak

    Balboa Realty, LLC

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5841642

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-623

Arizona Maricopa County Gilbert 85233 The Islands

1231 W Atlantic Dr, Gilbert, AZ

This home is located at 1231 W Atlantic Dr, Gilbert, AZ 85233 since 02 November 2018 and is currently estimated at $456,370, approximately $278 per square foot. This property was built in 1987. 1231 W Atlantic Dr is a home located in Maricopa County with nearby schools including Islands Elementary School, Mesquite High School, and Mesquite Junior High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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