NOT LISTED FOR SALE

Estimated Value: $462,000 - $471,130

3 Beds
2.5 Baths
1,638 Sq Ft
$285/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $420,000 $256 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,693/month

4 Days on Market

Highlights

  • Community Lake
  • Contemporary Architecture
  • Granite Countertops
  • Islands Elementary School Rated A-
  • Vaulted Ceiling
  • 2 Car Direct Access Garage

About This Home

As of June 2021

This Gilbert residence is located in the Islands and a highly sought after neighborhood. The home has fresh paint and upgrades; including new dual pane windows and a new HVAC system. The vaulted ceilings add to the open feel of the place. Nestled within a lake community, it also features nearby shopping, entertainment, and dining. Downtown Gilbert is a hop, skip, and a jump away as well. ****Come check it out before it's gone.

Last Agent to Sell the Property

Katy Horgan

Keller Williams Northeast Realty License #SA659148000 Listed on: 05/06/2021

Keller Williams Northeast Realty

Last Buyer's Agent

Curtis Johnson

eXp Realty License #BR512932000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 1987

Lot Details

  • 5,497 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,638 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 148
  • Assessor Parcel Number 302-96-615

Community Details

Overview

  • Association fees include ground maintenance
  • The Islnds Comm Assn Association, Phone Number (480) 551-4300
  • Built by Bowen Homes
  • The Islands Patio Homes B Subdivision
  • Community Lake

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,418

Year Built

Built in 1987

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Cross Street: W Elliot Rd & S McQueen Rd
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 52.47
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2018
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2020
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2020
  • Updated Kitchen: Full
  • Items Updated Kitchen 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: 2020
  • Directions: From Elliot Rd, take S Islands Dr, south. Left on S Islands Dr. E and follow around. Take a left on W Atlantic Dr, a right on S Ocean Dr, and a right on Seashore Dr. (5th house on the right).
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: THE ISLANDS PATIO HOMES B
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 314.84
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Upstairs, Breakfast Bar, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 1638.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks), 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, Playground
  • Association Fee: 314.84
  • Association Fee Frequency: Semi-Annually
  • Association Name: The Islnds Comm Assn
  • 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: Semi-Annually
  • Association Fees:HOA Name4: The Islnds Comm Assn
  • Association Fees:HOA Telephone4: 480-551-4300
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 519.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 5497.0
  • Parcel #: 302-96-615

Building Info

  • Builder Name: Bowen Homes

Tax Info

  • Tax Annual Amount: 1418.0
  • Tax Book Number: 302.00
  • Tax Lot: 148
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 3, 2021
Sold by
Ryan Denise Y H and Ryan Jason O
Bought by
Hofmann Timothy and Hofmann Adriana
Seller's Agent
Katy Horgan
Keller Williams Northeast Realty
Buyer's Agent
Curtis Johnson
eXp Realty
List Price
$390,000
Sold Price
$420,000
Premium/Discount to List
$30,000
7.69%
Current Estimated Value
$467,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,033
Avg. Annual Appreciation
3.08%
Original Mortgage
$389,500
Outstanding Balance
$354,176
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$123,634

Purchase Details

Closed on
Jul 3, 2007
Sold by
Koomler Eric Matthew and Theresa Koomler M
Bought by
Ryan Denise Y H and Ryan Jason O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,672
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 1998
Sold by
Illian M Theresa
Bought by
Illian M Theresa and Koomler Eric Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,286
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 1998
Sold by
Manipon Vincent P and Manipon Julie D
Bought by
Illian M Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,286
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 1996
Sold by
Five Star Investments Inc
Bought by
Manipon Vincent P and Manipon Julie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
8.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 10, 1996
Sold by
Gayles R Charles and Gayles Stephanie R
Bought by
Five Star Investments 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
Hofmann Timothy $420,000 Security Title Agency Inc
Ryan Denise Y H $252,000 Carnegie First Title Agency
Ryan Denise Y H $252,000 Carnegie First Title Agency
Illian M Theresa -- --
Illian M Theresa $117,000 First American Title
Manipon Vincent P $116,000 Stewart Title & Trust
Five Star Investments Inc $115,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofmann Timothy $389,500
Previous Owner Ryan Denise $241,349
Previous Owner Ryan Denise $249,750
Previous Owner Ryan Jason O $253,409
Previous Owner Ryan Denise Y H $252,672
Previous Owner Koomler Eric Matthew $39,100
Previous Owner Koomler Eric $118,247
Previous Owner Illian M Theresa $115,286
Previous Owner Manipon Vincent P $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2021 06/08/21 Sold $420,000 +7.7% $256 / Sq Ft
05/06/2021 05/06/21 For Sale $390,000 -- $238 / 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 $21,260 $4,250 $17,010
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 $1,263 $15,580 $3,110 $12,470
2015 $1,151 $14,570 $2,910 $11,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6232165

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-615