NOT LISTED FOR SALE

Estimated Value: $605,000 - $640,000

3 Beds
3 Baths
2,108 Sq Ft
$296/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $389,500 $185 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,748/month

1 Day on Market

Highlights

  • Gated Community
  • Community Lake
  • Hydromassage or Jetted Bathtub
  • Islands Elementary School Rated A-
  • Vaulted Ceiling
  • Community Pool

About This Home

As of March 2020

This is a MUST see! Gorgeous 2108 sf home in beautiful gated and prestigious lake community of The Falls. This beautiful 3 bedroom 3 bathroom home is N/S oriented and has been meticulously cared for and is loaded with recent upgrades such as granite counter tops, flooring, paint, lighting, window covering and much more. Master bedroom balcony has the beautiful views of the lagoon and falls. Community Pool and Spa is close and around the corner. HOA dues cover street maintenance, front and back yard weekly maintenance., and painting of home every 7 years. This home is part of the Island community and features a beautiful entry fountain, community center, large parks, boating, fishing and much more... Hurry on this great Gem! More pictures to come by Friday 14th

Last Agent to Sell the Property

Merdad Meraban

DeLex Realty License #SA516159000 Listed on: 02/13/2020

DeLex Realty

Last Buyer's Agent

Kristina Sabo

My Home Group Real Estate License #SA627897000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,538

Year Built

  • Built in 1994

Lot Details

  • 4,021 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,108 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 302-30-783

Community Details

Overview

  • Association fees include ground maintenance, (see remarks), street maintenance, front yard maint
  • First Service Association, Phone Number (602) 957-9191
  • The Islands Association, Phone Number (480) 545-7740
  • Association Phone (480) 545-7740
  • Coral Point Replat Lot 76 101 Subdivision
  • Community Lake

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,538

Year Built

Built in 1994

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Cross Street: Warner & McQueen
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: The Islands
  • HOA #2 Phone Number: 480-545-7740
  • 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: 239.83
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2019
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2016
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2008
  • Updated Kitchen: Partial
  • 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: 1994
  • Tax Year: 2019
  • Directions: North on S Island Dr W, North to The Falls community on your right. Enter through gate and make a left. Follow the street around the curve to the N side of the community.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: CORAL POINT REPLAT LOT 76-101
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 190.0
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 2108.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Extnded Lngth Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool, Lake Subdivision
  • Amenities: Management
  • Association #2 Fee: 299.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 190.0
  • Association Fee Frequency: Monthly
  • Association: The Islands
  • Association Name: The Falls
  • Association Phone #2: 480-545-7740
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: The Falls
  • Association Fees:HOA Telephone4: 602 957 9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 380.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM LLC
  • Association Fees:HOA Management Phone: 602 957 9191
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fees:HOA Management Company 2: First Service
  • Association Fees:HOA Management Phone 2: 480-545-7740
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other (See Remarks), 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: 4021.0
  • Parcel #: 302-30-783
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UKN

Tax Info

  • Tax Annual Amount: 1538.0
  • Tax Book Number: 302.00
  • Tax Lot: 58
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Mar 5, 2020
Sold by
Boyd Kimberly Jane
Bought by
Malczewski Jill M and Malczewski Jill
Seller's Agent
Merdad Meraban
DeLex Realty
Buyer's Agent
Kristina Sabo
My Home Group Real Estate
List Price
$379,000
Sold Price
$389,500
Premium/Discount to List
$10,500
2.77%
Total Days on Market
1
Current Estimated Value
$624,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,887
Avg. Annual Appreciation
9.42%
Original Mortgage
$370,025
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2015
Closed on
Feb 25, 2016
Sold by
Riley Caroline A and Riley Craig
Bought by
Boyd Kimberly Jane
Seller's Agent
Rick Eissinger
Richard C Eissinger
Buyer's Agent
Merdad Meraban
DeLex Realty
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$275,793
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 1997
Sold by
Jones Jimmy Lee
Bought by
Aldridge Caroline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,050
Interest Rate
7.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 1995
Sold by
Sirius Consulting Inc
Bought by
Jones Jimmy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 1995
Sold by
L & R Development Inc
Bought by
Sirius Consulting Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
6.37%
Mortgage Type
New Conventional
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
Malczewski Jill M $389,500 Security Title Agency
Boyd Kimberly Jane $285,000 Old Republic Title Agency
Aldridge Caroline A $156,900 First American Title
Jones Jimmy Lee $159,000 United Title Agency
Sirius Consulting Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malczewski Jill $373,800
Closed Malczewski Jill M $370,025
Previous Owner Boyd Kimberly Jane $275,233
Previous Owner Boyd Kimberly Jane $275,793
Previous Owner Aldridge Caroline A $121,984
Previous Owner Aldridge Caroline A $143,000
Previous Owner Aldridge Caroline A $149,050
Previous Owner Jones Jimmy Lee $143,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $389,500 +0.1% $185 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
02/13/2020 02/13/20 Price Changed $389,000 +2.6% $185 / Sq Ft
02/13/2020 02/13/20 For Sale $379,000 +33.0% $180 / Sq Ft
03/02/2016 03/02/16 Sold $285,000 0.0% $137 / Sq Ft
10/02/2015 10/02/15 Price Changed $285,000 -1.7% $137 / Sq Ft
09/05/2015 09/05/15 Price Changed $290,000 -1.7% $139 / Sq Ft
08/14/2015 08/14/15 Price Changed $295,000 -1.0% $141 / Sq Ft
07/24/2015 07/24/15 Price Changed $298,000 -0.7% $143 / Sq Ft
07/03/2015 07/03/15 For Sale $300,000 -- $144 / 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 $2,332 $22,765 -- --
2024 $1,659 $21,681 -- --
2023 $1,659 $39,980 $7,990 $31,990
2022 $1,609 $31,510 $6,300 $25,210
2021 $1,700 $29,880 $5,970 $23,910
2020 $1,674 $26,430 $5,280 $21,150
2019 $1,538 $25,130 $5,020 $20,110
2018 $1,491 $23,420 $4,680 $18,740
2017 $1,439 $22,250 $4,450 $17,800
2016 $1,489 $20,360 $4,070 $16,290
2015 $1,356 $19,630 $3,920 $15,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6036544

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-783