1326 W Coral Reef Dr Gilbert, AZ 85233
The Islands Neighborhood
3
Beds
2.5
Baths
2,048
Sq Ft
$248/mo
HOA Fee
Highlights
- Waterfront
- Community Lake
- Community Pool
- Islands Elementary School Rated A-
- Contemporary Architecture
- Balcony
About This Home
As of October 2021BACK ON MARKET THEIR LOSS IS YOUR GAIN! Imagine your work day is done, you arrive home at your own paradise, grab a relaxing beverage of choice and head out to the lake for the sunset. Or a party with friends enjoying the water views from the patio, a relaxing weekend at home watching ducks, turtles and more from your private balcony. All this can be yours in this low maintenance, waterfront condo in the Islands of Gilbert. Dramatic double height ceilings in the living room welcome you to this well cared for and turn key home. Kitchen opens to the dining room and both share views of the water. Laundry, half bath and storage are downstairs. Upstairs you'll find 3 bedrooms and 2 more baths. Master bedroom boasts huge bathroom, walk-in closet, snail shower & private, lakeside balcony.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,622
Year Built
- Built in 1999
Lot Details
- 2,034 Sq Ft Lot
- Waterfront
- Two or More Common Walls
- Partially Fenced Property
- Grass Covered Lot
HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Foam Roof
- Stucco
Interior Spaces
- 2,048 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Double Pane Windows
- Carpet
Kitchen
- Breakfast Bar
- Electric Cooktop
- Built-In Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Outdoor Features
- Balcony
- Patio
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 7
- Assessor Parcel Number 302-30-563
Community Details
Overview
- Association fees include insurance, ground maintenance, front yard maint, maintenance exterior
- Osslaer Association, Phone Number (602) 277-4418
- The Islands Association, Phone Number (480) 545-7740
- Association Phone (480) 545-7740
- Townhomes On Coral Reef Subdivision, Lakeside Floorplan
- Community Lake
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2021
Closed on
Oct 11, 2021
Sold by
Sytsma Robert R and Sytsma Irene Joy
Bought by
Howell Ilona
Seller's Agent
Matt Long
HomeSmart
Buyer's Agent
Maureen Waweru
Sloan Realty Associates
List Price
$515,000
Sold Price
$517,000
Premium/Discount to List
$2,000
0.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$413,600
Outstanding Balance
$381,233
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$200,457
Purchase Details
Listed on
Oct 7, 2015
Closed on
Dec 2, 2015
Sold by
Lermer Alan J and Opipari Francine P
Bought by
Sytsma Robert R and Sytsma Irene Joy
Seller's Agent
Vicki Tverberg
HomeSmart
Buyer's Agent
Matt Long
HomeSmart
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%
Original Mortgage
$220,000
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2013
Sold by
Lermer Alan J and Opipari Francine P
Bought by
Lermer Alan J and Opipari Francine P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,700
Interest Rate
3.53%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 11, 2005
Sold by
Richardson John and Richardson Matilde C
Bought by
Lermer Alan J and Opipari Francine P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 12, 1999
Sold by
Homes By Roman Iii Llc
Bought by
Richardson John F and Richardson Matilde C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,500
Interest Rate
7.64%
Mortgage Type
New Conventional
Similar Homes in Gilbert, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $517,000 | Millennium Title Agency Llc | |
| Warranty Deed | $275,000 | American Title Svc Agency Ll | |
| Interfamily Deed Transfer | -- | First American Equity Loan S | |
| Warranty Deed | $325,000 | Equity Title Agency Inc | |
| Warranty Deed | $228,409 | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $413,600 | New Conventional | |
| Previous Owner | $220,000 | New Conventional | |
| Previous Owner | $229,700 | New Conventional | |
| Previous Owner | $260,000 | Purchase Money Mortgage | |
| Previous Owner | $205,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | For Rent | $2,395 | -4.0% | -- |
| 08/01/2023 08/01/23 | Rented | $2,495 | 0.0% | -- |
| 07/26/2023 07/26/23 | For Rent | $2,495 | 0.0% | -- |
| 10/13/2021 10/13/21 | Sold | $517,000 | +0.4% | $252 / Sq Ft |
| 09/06/2021 09/06/21 | Pending | -- | -- | -- |
| 08/25/2021 08/25/21 | For Sale | $515,000 | 0.0% | $251 / Sq Ft |
| 08/02/2021 08/02/21 | Pending | -- | -- | -- |
| 07/28/2021 07/28/21 | For Sale | $515,000 | 0.0% | $251 / Sq Ft |
| 07/26/2021 07/26/21 | Pending | -- | -- | -- |
| 07/22/2021 07/22/21 | For Sale | $515,000 | 0.0% | $251 / Sq Ft |
| 07/16/2021 07/16/21 | For Sale | $515,000 | 0.0% | $251 / Sq Ft |
| 07/16/2021 07/16/21 | Price Changed | $515,000 | 0.0% | $251 / Sq Ft |
| 07/03/2021 07/03/21 | For Sale | $515,000 | 0.0% | $251 / Sq Ft |
| 07/03/2021 07/03/21 | Price Changed | $515,000 | 0.0% | $251 / Sq Ft |
| 05/22/2021 05/22/21 | Pending | -- | -- | -- |
| 05/11/2021 05/11/21 | For Sale | $515,000 | +87.3% | $251 / Sq Ft |
| 12/07/2015 12/07/15 | Sold | $275,000 | -3.5% | $134 / Sq Ft |
| 09/30/2015 09/30/15 | For Sale | $285,000 | 0.0% | $139 / Sq Ft |
| 09/27/2013 09/27/13 | Rented | $1,400 | +0.4% | -- |
| 09/06/2013 09/06/13 | Under Contract | -- | -- | -- |
| 08/21/2013 08/21/13 | For Rent | $1,395 | +3.3% | -- |
| 07/21/2012 07/21/12 | Rented | $1,350 | 0.0% | -- |
| 07/20/2012 07/20/12 | Under Contract | -- | -- | -- |
| 06/22/2012 06/22/12 | For Rent | $1,350 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,397 | $27,410 | -- | -- |
| 2024 | $2,194 | $26,105 | -- | -- |
| 2023 | $2,194 | $43,050 | $8,610 | $34,440 |
| 2022 | $2,128 | $34,820 | $6,960 | $27,860 |
| 2021 | $2,662 | $32,680 | $6,530 | $26,150 |
| 2020 | $2,622 | $31,210 | $6,240 | $24,970 |
| 2019 | $2,436 | $28,720 | $5,740 | $22,980 |
| 2018 | $2,369 | $27,160 | $5,430 | $21,730 |
| 2017 | $2,291 | $26,260 | $5,250 | $21,010 |
| 2016 | $2,349 | $24,980 | $4,990 | $19,990 |
| 2015 | $2,142 | $24,970 | $4,990 | $19,980 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2025
Dominic Arnold
AZ Prime Property Management
(480) 449-6632
131 Total Sales
-
N
Buyer's Agent in 2023
Non-MLS Agent
Non-MLS Office
-
Seller's Agent in 2021
Matt Long
HomeSmart
(602) 284-3553
3 in this area
117 Total Sales
-
M
Buyer's Agent in 2021
Maureen Waweru
Sloan Realty Associates
(480) 444-7200
2 in this area
12 Total Sales
-
Seller's Agent in 2015
Vicki Tverberg
HomeSmart
(480) 390-4124
15 Total Sales
-
M
Buyer's Agent in 2015
Matthew Long
Home Centric Real Estate, LLC
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6234271
APN: 302-30-563
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.
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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