$402,000
SOLD DEC 16, 2020

1231 W Mediterranean Dr Gilbert, AZ 85233

The Islands Neighborhood
4 Beds
2.5 Baths
2,377 Sq Ft
5,467 Sq Ft Lot

Recently Sold

$169 Per Sq Ft

8% Below List Price

10 Days on Market

Highlights

  • Community Lake
  • Community Pool
  • 2 Car Direct Access Garage
  • Islands Elementary School Rated A-
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of July 2025

Stunning Remodeled 2-Story Home in the highly desired Lake Community ''The Islands''. Minutes to Downtown Gilbert, Schools & More. This 4 bed, 2.5 bath home has NEW Interior paint, Wood look Tile flooring & Fixtures throughout. This home features high ceilings, formal living & dining rooms, family room plus a gorgeous custom tile fireplace. Powder Room/half bath downstairs, perfect for guest. Spacious eat-in kitchen w/updated white cabinetry, black hardware, quartz counter, Tile backsplash & Stainless Steel Appliances. Huge master suite boasts sitting area, large walkin closet & Ensuite w/dual vanity, garden tub & shower! 2 car garage has built-in cabinets. Spacious backyard with covered patio, grassy landscaping and plenty of space to entertain. Hurry this one will go fast!

Last Agent to Sell the Property

Elmon Krupnik

Venture REI, LLC License #SA645819000 Listed on: 11/06/2020

Venture REI, LLC

Co-Listed By

Kristin Ray

Venture REI, LLC License #SA655109000

Last Buyer's Agent

Ed Anderson

West USA Realty License #SA551985000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 1991

Lot Details

  • 5,467 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,377 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 195
  • Assessor Parcel Number 302-96-517

Community Details

Overview

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

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,166

Year Built

Built in 1991

Lot Details

0

HOA Fees

$102 per month

Parking

2

Listing Details

  • Cross Street: McQueen and Elliot
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 102.0
  • Basement: N
  • Bathrooms Year Updated: 2020
  • Items Updated Floor Yr Updated: 2020
  • Items Updated Kitchen 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: 1991
  • Tax Year: 2020
  • Directions: East on Elliot. South on Islands Dr. Left on Islands Dr. Follow road around. Left on Mediterranean Dr. Home is on your right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: stho001
  • Co List Office Phone: 480-696-5500
  • Subdivision Name: ISLANDS PATIO HOMES A AMD LOT 1-94 193-233
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 102.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Upstairs, Eat-in Kitchen, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2377.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: 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, Community Pool
  • Association Fee: 102.0
  • Association Fee Frequency: Monthly
  • Association Name: The Island Patio
  • 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: The Island Patio
  • Association Fees:HOA Telephone4: 480-551-4300
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 204.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: FirstService Residen
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, 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: 5467.0
  • Parcel #: 302-96-517

Building Info

  • Builder Name: US Home Corp

Tax Info

  • Tax Annual Amount: 2166.0
  • Tax Book Number: 302.00
  • Tax Lot: 195
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Jul 1, 2025
Sold by
White Bryan R and Villalvazo-Zamora Nallely
Bought by
Johnson Grant and Monette Luke
Seller's Agent
Carin Nguyen
Real Broker
Buyer's Agent
Charles Riordan
eXp Realty
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$596,550
Outstanding Balance
$596,050
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$21,289

Purchase Details

Listed on
Nov 6, 2020
Closed on
Dec 10, 2020
Sold by
White Fig Homes Jv Llc
Bought by
White Bryan R and Villalvazo Zamora Nallely
Seller's Agent
Elmon Krupnik
Venture REI, LLC
Buyer's Agent
Ed Anderson
West USA Realty
List Price
$435,000
Sold Price
$402,000
Premium/Discount to List
-$33,000
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$381,900
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2020
Sold by
Cudennec Stephane and Desai Shefali
Bought by
White Fig Homes Jv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2013
Sold by
Cudennec Stephane and Desai Shefali
Bought by
Cudennec Stephane and Desai Shefali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2007
Sold by
Cudennec Stephane and Desai Shefali
Bought by
Cudennec Stephane and Desai Shefali

Purchase Details

Closed on
Feb 15, 2005
Sold by
Dundas Carlene K
Bought by
Cudennec Stephane and Desai Shefali S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2001
Sold by
Reese Anne L
Bought by
Dundas Carlene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,750
Interest Rate
7.26%

Purchase Details

Closed on
Apr 10, 2000
Sold by
Dundas Carlene K
Bought by
Dundas Carlene K and Reese Anne L

Purchase Details

Closed on
Apr 24, 1998
Sold by
Newman Brian and Newman Jennifer
Bought by
Dundas Carlene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
7.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $615,000 Wfg National Title Insurance C
Warranty Deed $402,000 Security Title Agency Inc
Warranty Deed $300,000 Pioneer Title Agency Inc
Interfamily Deed Transfer -- Grand Canyon Title Agency In
Interfamily Deed Transfer -- None Available
Warranty Deed $270,000 First American Title Ins Co
Quit Claim Deed -- First American Title
Interfamily Deed Transfer -- Fidelity National Title Co
Warranty Deed $143,000 Equity Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $596,550 New Conventional
Previous Owner $381,900 New Conventional
Previous Owner $330,000 Commercial
Previous Owner $156,000 New Conventional
Previous Owner $210,000 Purchase Money Mortgage
Previous Owner $98,750 No Value Available
Previous Owner $128,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Sold $615,000 -1.6% $259 / Sq Ft
05/29/2025 05/29/25 For Sale $625,000 +55.5% $263 / Sq Ft
12/16/2020 12/16/20 Sold $402,000 -7.6% $169 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/14/2020 11/14/20 For Sale $435,000 0.0% $183 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
11/09/2020 11/09/20 Price Changed $435,000 +3.6% $183 / Sq Ft
11/06/2020 11/06/20 For Sale $420,000 0.0% $177 / Sq Ft
05/15/2013 05/15/13 Rented $1,395 0.0% --
04/22/2013 04/22/13 Under Contract -- -- --
04/19/2013 04/19/13 For Rent $1,395 -- --
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 $1,655 $24,703 -- --
2024 $1,816 $23,527 -- --
2023 $1,816 $36,720 $7,340 $29,380
2022 $1,761 $28,370 $5,670 $22,700
2021 $1,860 $27,030 $5,400 $21,630
2020 $2,166 $25,750 $5,150 $20,600
2019 $2,012 $23,160 $4,630 $18,530
2018 $1,959 $21,800 $4,360 $17,440
2017 $1,895 $20,700 $4,140 $16,560
2016 $1,944 $19,870 $3,970 $15,900
2015 $1,773 $18,910 $3,780 $15,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6157520

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-517