NOT LISTED FOR SALE

1346 W Coral Reef Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $598,631 - $630,000

3 Beds
2.5 Baths
2,459 Sq Ft
$252/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $229,000 $93 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $3,587/month

Highlights

  • Heated Pool
  • Waterfront
  • Spanish Architecture
  • Islands Elementary School Rated A-
  • Community Lake
  • Granite Countertops

About This Home

As of April 2013

Beautiful houme in the Islands with your own dock. New remodel features new cabinets, granite counter tops, new carpet, tile and wood flooring. High ceiling, open and bright with a large great room off the kitchen and overlooks the water. Huge master suite with build-in desk area and veiws overlooking teh lake.

Last Agent to Rent the Property

Mei Dai

Pro May Consulting, LLC License #BR576946000 Listed on: 02/14/2013

Last Renter's Agent

Elizabeth Cox

Locality Real Estate License #BR566246000

Locality Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,805

Year Built

  • Built in 1997

Lot Details

  • 2,226 Sq Ft Lot
  • Waterfront

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,459 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Solar Screens

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Pool

  • Heated Pool

Schools

  • Islands Elementary School
  • Willis Junior High School

Utilities

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

Listing and Financial Details

  • Property Available on 2/14/13
  • 12-Month Minimum Lease Term
  • Tax Lot 12
  • Assessor Parcel Number 302-30-568

Community Details

Overview

  • Property has a Home Owners Association
  • Check Lister Association, Phone Number (602) 617-1888
  • The Islands Subdivision
  • Community Lake

Recreation

  • Heated Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,805

Year Built

Built in 1997

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2013-02-14

Listing Details

  • Cross Street: McQueen and Elliott
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1997
  • Rental Info H O A Name: check lister
  • Lease Term Minimum Lease Term Months: 12
  • Directions: E on Elliott from McQueen and S on South Island Dr. L at traffic circle on S Island Drive, E to Coral Reef Drive, Turn into complex and to the unit.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.05
  • Subdivision Name: The Islands
  • Architectural Style: Spanish
  • Efficiency: Multi-Zones, Sunscreen(s)
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Laminate, Tile
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2459.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: None
  • Pool Features: Community, Heated, None
  • Waterfront: Yes
  • Disclosures: Other (See Remarks)
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Pool
  • Association Name: check lister
  • Phone: 602-617-1888
  • Association: Yes

Schools

  • Elementary School: Islands Elementary School
  • Middle Or Junior School: Willis Junior High School

Lot Info

  • Lot Size Sq Ft: 2226.0
  • Parcel #: 302-30-568
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 302.00
  • Tax Lot: 12
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2012
Closed on
Feb 5, 2013
Sold by
Whisper Rock Llc
Bought by
Qiu Difei and Xiao Xiaoyao
Seller's Agent
Charles Varga
Realty ONE Group
Buyer's Agent
Mei Dai
Pro May Consulting, LLC
List Price
$297,500
Sold Price
$229,000
Premium/Discount to List
-$68,500
-23.03%
Current Estimated Value
$620,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,158
Avg. Annual Appreciation
8.41%

Purchase Details

Listed on
Mar 20, 2012
Closed on
Jul 3, 2012
Sold by
Karam Robin
Bought by
Whisper Rock Llc
Seller's Agent
Charles Varga
Realty ONE Group
Buyer's Agent
Heather Valdes
Citiea
List Price
$77,000
Sold Price
$77,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
600.26%

Purchase Details

Closed on
Jul 10, 2008
Sold by
Nagra Nirmal
Bought by
Not Provided

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 18, 2007
Sold by
Nagra Nirmal
Bought by
Nagra Nirmal and Karam Robin

Purchase Details

Closed on
Mar 22, 2006
Sold by
Nagra Gurmeet
Bought by
Nagra Nirmal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 15, 2006
Sold by
John Scremin Development Inc
Bought by
Nagra Nirmal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Qiu Difei $229,000 Driggs Title Agency Inc
Whisper Rock Llc $79,000 Lawyers Title Of Arizona Inc
Not Provided -- None Available
Nagra Nirmal -- None Available
Nagra Nirmal -- Transnation Title Ins Co
Nagra Nirmal $410,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karam Robin $299,000
Previous Owner Nagra Nirmal $328,000
Previous Owner Nagra Nirmal $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2013 04/13/13 Rented $1,480 -6.3% --
04/13/2013 04/13/13 Under Contract -- -- --
02/14/2013 02/14/13 For Rent $1,580 0.0% --
02/08/2013 02/08/13 Sold $229,000 -11.9% $93 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
12/19/2012 12/19/12 Price Changed $259,900 -6.8% $106 / Sq Ft
11/07/2012 11/07/12 Price Changed $279,000 -6.2% $113 / Sq Ft
10/15/2012 10/15/12 For Sale $297,500 +286.4% $121 / Sq Ft
07/20/2012 07/20/12 Sold $77,000 0.0% $31 / Sq Ft
03/21/2012 03/21/12 For Sale $77,000 0.0% $31 / Sq Ft
03/20/2012 03/20/12 Off Market $77,000 -- --
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 $2,805 $32,077 -- --
2024 $2,820 $30,550 -- --
2023 $2,820 $44,750 $8,950 $35,800
2022 $2,742 $36,030 $7,200 $28,830
2021 $2,836 $33,920 $6,780 $27,140
2020 $2,794 $33,050 $6,610 $26,440
2019 $2,596 $30,600 $6,120 $24,480
2018 $2,524 $28,910 $5,780 $23,130
2017 $2,442 $28,100 $5,620 $22,480
2016 $2,503 $26,960 $5,390 $21,570
2015 $2,283 $26,920 $5,380 $21,540
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2013

    Mei Dai

    Pro May Consulting, LLC

  • Charles Varga

    Seller's Agent in 2013

    Charles Varga

    Realty One Group

    (602) 550-7711

    24 Total Sales

    Charles Varga
    Section Image
  • Heather Valdes

    Seller Co-Listing Agent in 2013

    Heather Valdes

    Citiea

    (602) 717-9183

    26 Total Sales

    Heather Valdes
    Section Image
  • Elizabeth Cox

    Tenant's Agent in 2013

    Elizabeth Cox

    Locality Real Estate

    (602) 329-1298

    20 Total Sales

    Elizabeth Cox
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4890334

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-568

Arizona Maricopa County Gilbert 85233 The Islands

1346 W Coral Reef Dr, Gilbert, AZ

This home is located at 1346 W Coral Reef Dr, Gilbert, AZ 85233 since 14 February 2013 and is currently priced at $620,158. This property was built in 1997. 1346 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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