NOT LISTED FOR SALE

1334 W Coral Reef Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $566,441 - $608,000

3 Beds
2.5 Baths
2,048 Sq Ft
$287/Sq Ft Est. Value

Last Sold February 16, 2012

Last sale price $190,000 $93 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $3,508/month

Highlights

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

About This Home

As of July 2023

Welcome to this breathtaking Gilbert 2/2.5 townhouse with stunning 23 ceilings in the main living space and amazing views of the lake and wildlife. The massive, vaulted ceilings create a sense of grandeur and the lower-level custom polished tile floorings exude elegance and sophistication. The recently upgraded kitchen boasts two full ovens, Brazilian granite countertops and a built-in curio cabinet. Just off the kitchen is space for casual sitting/coffee nook which seamlessly transitions to the main living area; all offering fantastic lakeside views. Cherry wood floors grace the wrought iron staircase, upstairs office/loft area and hallway leading to your private master retreat, featuring a large walk-in closet, deep soak tub, separate shower and ample space for relaxation!

Last Agent to Rent the Property

Dominic Arnold

AZ Prime Property Management License #BR639934000 Listed on: 05/13/2023

Last Renter's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,632

Year Built

  • Built in 1999

Lot Details

  • 1,999 Sq Ft Lot
  • Waterfront
  • Partially Fenced Property
  • Misting System
  • Grass Covered Lot

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Laminate
  • 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
  • Washer Hookup

Outdoor Features

  • Covered patio or porch
  • Gazebo

Schools

  • Islands Elementary School
  • Gilbert Junior High School
  • Gilbert High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 5/13/23
  • $40 Move-In Fee
  • 12-Month Minimum Lease Term
  • $40 Application Fee
  • Tax Lot 9
  • Assessor Parcel Number 302-30-565

Community Details

Overview

  • Property has a Home Owners Association
  • Townhomes Of Coral R Association, Phone Number (623) 232-8150
  • Townhomes On Coral Reef Subdivision, Lakeside Floorplan
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,632

Year Built

Built in 1999

Lot Details

0

Parking

1

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2023-05-13

Listing Details

  • Cross Street: Mesa Dr & Elliott rd
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1999
  • Rental Info H O A Name: TOWNHOMES OF CORAL R
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Application Fee: 40.0
  • Lease Term Minimum Lease Term Months: 12
  • Master Model: Lakeside
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: TOWNHOMES ON CORAL REEF
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Security Features:Fire Sprinkler System: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Water Purifier
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Other, See Remarks, Upstairs, Eat-in Kitchen, Breakfast Bar, Central Vacuum, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2048.0
  • Stories: 2
  • Window Features: Skylight(s)
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:See Remarks2: Yes
  • Community Features:Lake: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Partial
  • Exterior Features: Misting System
  • Lot Features: Grass Back
  • Waterfront: Yes
  • Disclosures: Other (See Remarks)
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Misting System: Yes
  • Exterior Features:Gazebo: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Other7: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Washer Hookup, Inside
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Community Pool, Clubhouse
  • Association Name: TOWNHOMES OF CORAL R
  • Phone: 623-232-8150
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

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

Lot Info

  • Lot Size Sq Ft: 1999.0
  • Parcel #: 302-30-565

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Book Number: 302.00
  • Tax Lot: 9
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2017
Sold by
Chipman Monica L
Bought by
Chipman Monica L and The Monica L Chipman Living Trust
Current Estimated Value
$600,681

Purchase Details

Listed on
Oct 27, 2011
Closed on
Feb 13, 2012
Sold by
Sutherland Robert T
Bought by
Chipman Monica Lynn
Seller's Agent
Robert Sepulveda
Red Mountain Real Estate
Buyer's Agent
Ann Sorrentino
Wright Realty Group
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%

Purchase Details

Closed on
Mar 4, 2005
Sold by
Stallion Properties Llc and Sutherland Robert T
Bought by
Sutherland Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 1, 2003
Sold by
Sutherland Robert T
Bought by
Stallion Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2003
Sold by
Batur Kenneth E and Batur Patricia J
Bought by
Sutherland Robert Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2000
Sold by
Zalevsky Harvey A
Bought by
Batur Kenneth E and Batur Patricia J

Purchase Details

Closed on
Feb 22, 2000
Sold by
Homes By Roman Iii Llc
Bought by
Zalevsky Harvey A and Western Investment Group
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chipman Monica L -- None Available
Chipman Monica Lynn $190,000 Chicago Title Agency Inc
Sutherland Robert T -- --
Stallion Properties Llc -- --
Sutherland Robert Todd $204,000 Stewart Title & Trust
Batur Kenneth E $210,500 Grand Canyon Title Agency In
Zalevsky Harvey A $200,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sutherland Robert T $310,000
Previous Owner Sutherland Robert T $214,000
Previous Owner Sutherland Robert Todd $163,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Rented $2,895 0.0% --
07/06/2023 07/06/23 Price Changed $2,895 -1.9% $1 / Sq Ft
06/14/2023 06/14/23 Price Changed $2,950 -7.7% $1 / Sq Ft
05/15/2023 05/15/23 Price Changed $3,195 +6.7% $2 / Sq Ft
05/13/2023 05/13/23 For Rent $2,995 0.0% --
02/16/2012 02/16/12 Sold $190,000 -- $93 / Sq Ft
11/02/2011 11/02/11 Pending -- -- --
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 $2,632 $30,102 -- --
2024 $2,646 $25,765 -- --
2023 $2,646 $43,050 $8,610 $34,440
2022 $2,128 $34,820 $6,960 $27,860
2021 $2,248 $32,680 $6,530 $26,150
2020 $2,213 $31,210 $6,240 $24,970
2019 $2,034 $28,720 $5,740 $22,980
2018 $1,972 $27,160 $5,430 $21,730
2017 $1,902 $26,260 $5,250 $21,010
2016 $1,968 $24,980 $4,990 $19,990
2015 $1,793 $24,970 $4,990 $19,980
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2023

    Dominic Arnold

    AZ Prime Property Management

    (480) 449-6632

    130 Total Sales

    Section Image

  • N

    Tenant's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

  • Robert Sepulveda

    Seller's Agent in 2012

    Robert Sepulveda

    Red Mountain Real Estate

    (480) 993-9132

    15 Total Sales

    Section Image

  • A

    Buyer's Agent in 2012

    Ann Sorrentino

    Wright Realty Group

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6556464

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-565

Arizona Maricopa County Gilbert 85233 The Islands

1334 W Coral Reef Dr, Gilbert, AZ

This home is located at 1334 W Coral Reef Dr, Gilbert, AZ 85233 since 13 May 2023 and is currently priced at $588,110. This property was built in 1999. 1334 W Coral Reef Dr is a home located in Maricopa County with nearby schools including Islands Elementary School, Mesquite High School, and Mesquite Junior High School.

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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