NOT LISTED FOR SALE

1326 W Clear Spring Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $597,869 - $637,000

3 Beds
2.5 Baths
2,016 Sq Ft
$308/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $370,000 $184 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,446/month

Highlights

  • Gated Community
  • Waterfront
  • Contemporary Architecture
  • Islands Elementary School Rated A-
  • Community Lake
  • Vaulted Ceiling

About This Home

As of November 2020

Beautiful three bedroom home on the water in gated community in the Islands of Gilbert. Two bedrooms upstairs and one bedroom down. Soaring ceilings and lots of light throughout home. New paint throughout, new granite counters and fixtures in kitchen. Fireplace downstairs in the living room and bay window in the formal dining room, Home sits on the water and is close to the waterfall, with nice views of the lake and community. All new kitchen appliances including a frigidaire gas range with air fryer, and all stainless steel appliances. The Islands offers activities, pools, and park with basketball, sand volleyball, bocce ball, playground, community dock, full size exercise track, ramadas and charcoal grills, close to schools, shopping and dining, welcome to your new home!

Last Agent to Rent the Property

Rebecca A Sartor

Arizona Living Property Management, Inc License #SA512507000 Listed on: 10/09/2020

Last Renter's Agent

Rebecca A Sartor

Arizona Living Property Management, Inc License #SA512507000 Listed on: 10/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 1988

Lot Details

  • 4,012 Sq Ft Lot
  • Waterfront
  • Partially Fenced Property
  • Private Yard
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Property Available on 10/9/20
  • $150 Move-In Fee
  • Rent includes gardening service
  • 12-Month Minimum Lease Term
  • Tax Lot 23
  • Assessor Parcel Number 302-30-748

Community Details

Overview

  • Property has a Home Owners Association
  • The Islands Association, Phone Number (480) 277-4418
  • Coral Point Replat Lot 76 101 Subdivision
  • Community Lake

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,999

Year Built

Built in 1988

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Gardening Service
  • Available Date: 2020-10-09

Listing Details

  • Cross Street: McQueen/Warner
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1988
  • Rental Info Floor Number: 02
  • Rental Info H O A Name: the islands
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Admin Fee: 150.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: East on Warner North on Islands Drive West to the Falls Gated entrance, enter through gate then right to Clear Spring Drive Home is on the left side of the street
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: CORAL POINT REPLAT LOT 76-101
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water2: Yes
  • Fireplace Features Fireplace Living Rm2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace Living Rm, 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Upstairs, Breakfast Bar, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2016.0
  • Stories: 2
  • Window Features: Skylight(s), Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Partial
  • Exterior Features: Private Yard
  • Lot Features: Grass Front, Grass Back
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake, Gated, Community Spa, Community Pool, Near Bus Stop, Biking/Walking Path
  • Association Name: the islands
  • Phone: 480-277-4418
  • Association: Yes
  • Pets Allowed: Lessor Approval

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

  • Lot Size Sq Ft: 4012.0
  • Parcel #: 302-30-748

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Book Number: 302.00
  • Tax Lot: 23
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
Jul 8, 2020
Sold by
Olsen Steve and Olsen Steven B
Bought by
Parikh David
Seller's Agent
Gary Colin
Real Broker
Buyer's Agent
Rebecca A Sartor
Arizona Living Property Management, Inc
List Price
$389,475
Sold Price
$370,000
Premium/Discount to List
-$19,475
-5%
Current Estimated Value
$620,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,967
Avg. Annual Appreciation
10.65%

Purchase Details

Closed on
Nov 11, 2004
Sold by
Fleischman Don
Bought by
Olsen Steve and Olsen Steven B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2004
Sold by
Breaux Justin M
Bought by
Fleischman Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Nottingham Ericka L and Nottingham Jon P
Bought by
Breaux Justin M

Purchase Details

Closed on
Jun 28, 2001
Sold by
Goscila Andralea J and Previtali Lawrence
Bought by
Nottingham Erika L and Nottingham Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
7.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 1997
Sold by
Previtali Sharon
Bought by
Previtali Lawrance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Interest Rate
7.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 10, 1997
Sold by
Morequity Inc
Bought by
Brennan Tom and Brennan Elaine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Interest Rate
7.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 15, 1997
Sold by
Iyer Rajan N
Bought by
Morequity Inc

Purchase Details

Closed on
Sep 20, 1995
Sold by
Clifford Florella J
Bought by
Iyer Rajan Narayana and Iyer Usha Rajan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
7.88%
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 Buyer Sale Price Title Company
Parikh David $370,000 First American Title Ins Co
Olsen Steve $265,000 Capital Title Agency Inc
Fleischman Don $210,000 First American Title Ins Co
Breaux Justin M $184,000 Security Title Agency
Nottingham Erika L $188,000 First American Title
Previtali Lawrance -- Security Title Agency
Goscila Andralea J $159,900 Security Title Agency
Brennan Tom $128,000 Security Title Agency
Morequity Inc -- --
Iyer Rajan Narayana -- First Southwestern Title
Clifford Florella J -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olsen Steve $212,000
Previous Owner Breaux Justin M $165,000
Previous Owner Nottingham Erika L $150,400
Previous Owner Goscila Andralea J $149,900
Previous Owner Iyer Rajan Narayana $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2020 11/01/20 Rented $2,350 -1.9% --
10/20/2020 10/20/20 Under Contract -- -- --
10/09/2020 10/09/20 For Rent $2,395 0.0% --
08/10/2020 08/10/20 Sold $370,000 -2.5% $184 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $379,475 -2.6% $188 / Sq Ft
04/17/2020 04/17/20 For Sale $389,475 -- $193 / 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 $1,999 $22,859 -- --
2024 $2,009 $21,770 -- --
2023 $2,009 $39,230 $7,840 $31,390
2022 $1,954 $31,030 $6,200 $24,830
2021 $2,021 $29,420 $5,880 $23,540
2020 $1,991 $26,650 $5,330 $21,320
2019 $1,850 $25,410 $5,080 $20,330
2018 $1,799 $23,630 $4,720 $18,910
2017 $1,740 $22,510 $4,500 $18,010
2016 $1,784 $20,630 $4,120 $16,510
2015 $1,627 $19,860 $3,970 $15,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6144670

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-748