$77,000
SOLD JUL 20, 2012
3 Beds
2.5 Baths
2,459 Sq Ft
$30/mo HOA Fee

Recently Sold

$31 Per Sq Ft

Highlights

  • Waterfront
  • Community Lake
  • Breakfast Bar
  • Islands Elementary School Rated A-
  • Spanish Architecture
  • Tile Flooring

About This Home

As of February 2013

*** NO MORE OFFERS AT THIS TIME***THIS UNIT NEEDS A TOTAL REMODEL DUE TO WATER DAMAGE.

Last Agent to Sell the Property

Charles Varga

Realty ONE Group License #BR500428000 Listed on: 03/20/2012

Last Buyer's Agent

Heather Valdes

Citiea License #BR628415000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,714

Year Built

  • Built in 1997

Lot Details

  • 2,226 Sq Ft Lot
  • Waterfront

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2,459 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Breakfast Bar

Bedrooms and Bathrooms

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

Schools

  • Islands Elementary School
  • Willis Junior High School

Utilities

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

Community Details

  • Association fees include insurance, ground maintenance
  • Built by Not Known
  • Townhomes On Coral Reef Lot 1 53 Tract A G Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 302-30-568

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,714

Year Built

Built in 1997

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Cross Street: McQueen and Elliott
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Total Monthly Fee Equivalent: 29.66
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1997
  • Tax Year: 2011
  • Directions: East on Elliott from McQueen and South on South Island Drive. Left at traffic circle on South Island Drive East to Coral Reef Drive. Turn into complex and to the unit.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: Townhomes on Coral Reef Lot 1-53 Tract A-G
  • Architectural Style: Spanish
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 178.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Breakfast Bar, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2459.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Waterfront Lot
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Fixer
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision
  • Amenities: Management
  • Association Fee: 178.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds

Schools

  • Elementary School: Islands Elementary School
  • Junior High Dist: Gilbert Unified District
  • 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: Not Known

Tax Info

  • Tax Annual Amount: 1714.0
  • 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
$632,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,764
Avg. Annual Appreciation
8.47%

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 Type Sale Price Title Company
Cash Sale Deed $229,000 Driggs Title Agency Inc
Cash Sale Deed $79,000 Lawyers Title Of Arizona Inc
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Transnation Title Ins Co
Warranty Deed $410,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $299,000 Credit Line Revolving
Previous Owner $328,000 Fannie Mae Freddie Mac
Previous Owner $328,000 Fannie Mae Freddie Mac
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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4732569

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-568