$370,000
SOLD AUG 10, 2020

1326 W Clear Spring Dr Gilbert, AZ 85233

The Islands Neighborhood
3 Beds
3 Baths
2,016 Sq Ft
$240/mo HOA Fee

Recently Sold

$184 Per Sq Ft

5% Below List Price

82 Days on Market

Highlights

  • Gated with Attendant
  • Waterfront
  • Clubhouse
  • Islands Elementary School Rated A-
  • Community Lake
  • Contemporary Architecture

About This Home

As of August 2020

WATERFRONT LAKEFRONT LOT in a GATED COMMUNITY with a gorgeous backyard that backs up to the water. Sit out on the balcony and watch the beautiful waterfall. Home has bay windows in the dining room and kitchen. Awesome views from the dining room. Home has Two Zone Air Conditioners. Masterbath has separate Shower and Tub. Home flows smoothly and has great views. Also you can put your boat in the big lake and take it up to the community pool and spa.

Last Agent to Sell the Property

Gary Colin

Real Broker License #SA031143000 Listed on: 04/17/2020

Real Broker

Last Buyer's Agent

Rebecca A Sartor

Arizona Living Property Management, Inc License #SA512507000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 1988

Lot Details

  • 4,012 Sq Ft Lot
  • Waterfront
  • No Common Walls
  • Block Wall Fence
  • Private Yard
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • Doors are 32 inches wide or more
  • Multiple Entries or Exits
  • Raised Toilet

Outdoor Features

  • Patio

Schools

  • Gilbert Elementary School
  • Islands Elementary Middle School
  • Mesquite High School

Utilities

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

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 302-30-748

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint, maintenance exterior
  • 1St Service Resident Association, Phone Number (480) 277-4418
  • The Islands Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Coral Point Replat Lot 76 101 Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,850

Year Built

Built in 1988

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Cross Street: McQueen & Warner
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: The Islands
  • HOA #2 Phone Number: 480-551-4300
  • HOA #2 Transfer Fee: 155.0
  • 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: 239.97
  • 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
  • Tax Year: 2019
  • Directions: East on Warner. North on Islands Dr West to The Falls gated entrance, enter gate, right on Paradise Dr. to end which curves left and becomes Clear Spring Dr. House will be on the left side.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: CORAL POINT REPLAT LOT 76-101
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 190.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Accessible Door 32in+ Wide, Mltpl Entries/Exits, Bath Raised Toilet
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Breakfast Bar, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2016.0
  • Stories: 2
  • Window Features: Sunscreen(s)
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Private Yard
  • Lot Features: Waterfront Lot, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: No Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Lake Subdivision, Guarded Entry, Clubhouse
  • Amenities: Management
  • Association #2 Fee: 299.85
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 190.0
  • Association Fee Frequency: Monthly
  • Association: The Islands
  • Association Name: The Falls
  • Association Phone #2: 480-551-4300
  • Phone: 480-277-4418
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 275.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: The Falls
  • Association Fees:HOA Telephone4: 480-277-4418
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 430.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Osselaer
  • Association Fees:HOA Management Phone: 480-277-4418
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fees:HOA Management Company 2: 1st Service Resident
  • Association Fees:HOA Management Phone 2: 480-551-4300

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Front Yard Maint, Maintenance Exterior

Schools

  • Elementary School: Gilbert Elementary School
  • High School: Mesquite High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Islands Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4012.0
  • Parcel #: 302-30-748
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1850.0
  • 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%
Total Days on Market
82
Current Estimated Value
$624,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,177
Avg. Annual Appreciation
11.48%

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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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 $370,000 First American Title Ins Co
Warranty Deed $265,000 Capital Title Agency Inc
Warranty Deed $210,000 First American Title Ins Co
Cash Sale Deed $184,000 Security Title Agency
Warranty Deed $188,000 First American Title
Interfamily Deed Transfer -- Security Title Agency
Joint Tenancy Deed $159,900 Security Title Agency
Cash Sale Deed $128,000 Security Title Agency
Trustee Deed -- --
Joint Tenancy Deed -- First Southwestern Title
Warranty Deed -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $212,000 New Conventional
Previous Owner $165,000 Unknown
Previous Owner $150,400 New Conventional
Previous Owner $149,900 Seller Take Back
Previous Owner $22,500 No Value Available
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: 6067374

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-748