NOT LISTED FOR SALE

1248 W Edgewater Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $788,000 - $875,000

5 Beds
3 Baths
2,719 Sq Ft
$305/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $750,000 $276 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,781/month

155 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Granite Countertops
  • Islands Elementary School Rated A-
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of December 2023

SPECTACULAR WATERFRONT LOCATION WITH OUTSTANDING VIEWS ! This property is tucked away in a quiet Cul-De-Sac on a North South facing lot. There are 5 bdrms and 3 baths. The master bedroom is oversized with a full length patio overlooking the lake & 2 closets. . Relaxing great room includes a cozy fireplace & great views of the backyard. It's all LAKE in the backyard. You'll never want to leave! There's a large community park within walking distances that includes lots of social events including Concerts in The Park, Easter Egg Hunt, Holiday Boat Parades, fall Car Show & more! You'll truly love this home & community. It's centrally located and just minutes away from downtown Gilbert and Chandler. Both have an abundance of restaurants & things to do for all ages. Both AC units 3 yrs old

Last Agent to Sell the Property

Gary Colin

Real Broker License #SA031143000 Listed on: 05/11/2023

Real Broker

Co-Listed By

Gary Loesl

Real Broker License #SA685279000

Last Buyer's Agent

Carol A. Royse

Your Home Sold Guaranteed Realty License #SA026080000

Your Home Sold Guaranteed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,619

Year Built

  • Built in 1993

Lot Details

  • 7,741 Sq Ft Lot
  • Waterfront
  • Desert faces the front of the property
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,719 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 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
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 173
  • Assessor Parcel Number 310-04-323

Community Details

Overview

  • Association fees include ground maintenance
  • The Islands Comm Association, Phone Number (480) 551-4300
  • Built by BLANDFORD HOMES
  • Catalina Bay At The Islands Unit 4 Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,619

Year Built

Built in 1993

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Cross Street: Warner Rd & McQueen Rd
  • 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: 57.83
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1993
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: realbr001
  • Co List Office Phone: 602-755-3415
  • Subdivision Name: CATALINA BAY AT THE ISLANDS UNIT 4
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 275.83
  • Association Fees:HOA Fee2: 347.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2719.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Waterfront Lot, Sprinklers In Front, Desert Front, Auto Timer H2O Front
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 347.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: The Islands Comm
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: The Islands Comm
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2045.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 245.0
  • 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: 7741.0
  • Parcel #: 310-04-323

Building Info

  • Builder Name: BLANDFORD HOMES

Tax Info

  • Tax Annual Amount: 3619.0
  • Tax Book Number: 310.00
  • Tax Lot: 173
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Dec 1, 2023
Sold by
Taylor Family Trust
Bought by
Nguyen Chinh D and Ngo Thao P
Seller's Agent
Gary Colin
Real Broker
Buyer's Agent
Carol A. Royse
Your Home Sold Guaranteed Realty
List Price
$797,000
Sold Price
$750,000
Premium/Discount to List
-$47,000
-5.9%
Views
322
Current Estimated Value
$829,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,146
Avg. Annual Appreciation
4.78%

Purchase Details

Closed on
Jun 4, 2005
Sold by
Taylor Kenneth R and Taylor Margie A
Bought by
Taylor Kenneth R and Taylor Margie A

Purchase Details

Closed on
Apr 15, 1994
Sold by
Jeff Blandford Development Corp
Bought by
Taylor K Robert and Taylor Margie Anne
Source: Public Records
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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
Nguyen Chinh D $750,000 Title Alliance Elite Agency
Taylor Kenneth R -- --
Taylor K Robert $217,824 Transamerica Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Sold $750,000 -5.9% $276 / Sq Ft
10/24/2023 10/24/23 For Sale $797,000 0.0% $293 / Sq Ft
10/23/2023 10/23/23 Off Market $797,000 -- --
09/01/2023 09/01/23 Price Changed $797,000 -3.5% $293 / Sq Ft
07/20/2023 07/20/23 Price Changed $825,900 -2.3% $304 / Sq Ft
05/11/2023 05/11/23 For Sale $845,000 -- $311 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,877 $49,035 -- --
2024 $3,735 $46,700 -- --
2023 $3,735 $59,960 $11,990 $47,970
2022 $3,619 $46,120 $9,220 $36,900
2021 $3,759 $43,710 $8,740 $34,970
2020 $3,691 $43,060 $8,610 $34,450
2019 $3,390 $39,200 $7,840 $31,360
2018 $3,283 $36,720 $7,340 $29,380
2017 $3,155 $36,680 $7,330 $29,350
2016 $3,236 $37,460 $7,490 $29,970
2015 $2,944 $36,870 $7,370 $29,500
Source: Public Records

Agents Affiliated with this Home

  • Gary Colin

    Seller's Agent in 2023

    Gary Colin

    Real Broker

    (602) 501-4580

    29 in this area

    96 Total Sales

    Gary Colin
    Section Image
  • Gary Loesl

    Seller Co-Listing Agent in 2023

    Gary Loesl

    Real Broker

    (480) 600-3692

    6 in this area

    38 Total Sales

    Gary Loesl
    Section Image
  • Carol A. Royse

    Buyer's Agent in 2023

    Carol A. Royse

    Your Home Sold Guaranteed Realty

    (480) 576-4555

    4 in this area

    871 Total Sales

    Carol A. Royse
    Section Image

  • E

    Buyer Co-Listing Agent in 2023

    Eric R Middlebrook

    Your Home Sold Guaranteed Realty

    (480) 797-2701

    1 in this area

    161 Total Sales

    Eric R Middlebrook
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6550410

Arizona Regional Multiple Listing Service (ARMLS)

APN: 310-04-323

Arizona Maricopa County Gilbert 85233 The Islands

1248 W Edgewater Dr, Gilbert, AZ

Not Listed for Sale

Detached

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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