NOT LISTED FOR SALE

1357 W Coral Reef Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $468,533 - $531,000

4 Beds
2 Baths
1,450 Sq Ft
$344/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $320,000 $221 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,111/month

3 Days on Market

Highlights

  • Waterfront
  • 1 Fireplace
  • Patio
  • Islands Elementary School Rated A-
  • Community Pool
  • Central Air

About This Home

As of January 2020

WATERFRONT TOWNHOME WITH PRIVATE BOAT DOCK! Beautiful 4 bedroom, 2 bath, two-story townhome in Coral Reef! Fresh interior paint! New luxury vinyl plank downstairs and carpeting upstairs! Spacious living room with vaulted ceilings and a cozy fireplace. The kitchen features granite counters, stainless steel appliances, and light cabinetry. Downstairs, the master boasts an attached ensuite with dual vanity and a large walk-in closet. Three secondary bedrooms upstairs. The private patio has a brick walkway that leads to the private boat dock. A short drive to shopping, dining, and the highway. Come view this home today!

Last Agent to Sell the Property

Derek Dickson

OfferPad Brokerage, LLC License #SA639968000 Listed on: 12/04/2019

Last Buyer's Agent

Ray Ferrier

HomeSmart License #SA557544000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,640

Year Built

  • Built in 1987

Lot Details

  • 2,008 Sq Ft Lot
  • Waterfront
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Built-In Microwave
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • 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 39
  • Assessor Parcel Number 302-30-595

Community Details

Overview

  • Association fees include roof repair, ground maintenance, street maintenance, front yard maint, roof replacement, maintenance exterior
  • Townhomes On Coral R Association, Phone Number (602) 277-4418
  • The Islands Communit Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Townhomes On Coral Reef Lot 1 53 Tract A G Subdivision

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,640

Year Built

Built in 1987

Lot Details

0

HOA Fees

$244 per month

Parking

2

Listing Details

  • Cross Street: ELLIOT & MCQUEEN
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: The Islands Communit
  • 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: 244.1
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1987
  • Tax Year: 2019
  • Directions: E ON ELLIOT - S ON ISLANDS DR. - MAKE LEFT AT FOUNTAIN - FOLLOW AROUND TO CORAL REEF - TURN RIGHT TO 1357
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: TOWNHOMES ON CORAL REEF LOT 1-53 TRACT A-G
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 196.05
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Full Bth Master Bdrm
  • Living Area: 1450.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Other
  • Lot Features: Waterfront Lot, Gravel/Stone Front, Grass Back
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool
  • Association #2 Fee: 288.32
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 196.05
  • Association Fee Frequency: Monthly
  • Association: The Islands Communit
  • Association Name: Townhomes on Coral R
  • Association Phone #2: 480-551-4300
  • Phone: 602-277-4418
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Townhomes on Coral R
  • Association Fees:HOA Telephone4: 602-277-4418
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 470.83
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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 Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes

Fee Information

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

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2008.0
  • Parcel #: 302-30-595

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1640.0
  • Tax Book Number: 302.00
  • Tax Lot: 39
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Dec 9, 2019
Sold by
Offerpad Spvborrower1 Llc
Bought by
Ferrier Denice Carol
Seller's Agent
Derek Dickson
OfferPad Brokerage, LLC
Buyer's Agent
Ray Ferrier
HomeSmart
List Price
$319,900
Sold Price
$320,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$499,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,383
Avg. Annual Appreciation
8.32%
Original Mortgage
$272,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2019
Sold by
Griffiths Belinda Jane and Griffiths Daniel Belinda Jane
Bought by
Offerpad Spvborrower1 Llc

Purchase Details

Closed on
Sep 20, 2006
Sold by
Massier Gregory C and Massier Judith E
Bought by
Griffiths Daniel Belinda Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,999
Interest Rate
6.44%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 28, 2004
Sold by
Ooms John and Ooms Diane
Bought by
Massier Gregory C and Massier Judith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,700
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2003
Sold by
Cue Michel and Martinez Francisco Michel
Bought by
Ooms John and Ooms Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2001
Sold by
Rappa John and Rappa Angela
Bought by
Martinez Francisco Michel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,150
Interest Rate
7.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Ferrier Denice Carol $320,000 First American Title Ins Co
Offerpad Spvborrower1 Llc $299,000 First American Title Ins Co
Griffiths Daniel Belinda Jane $321,000 Transnation Title Ins Co
Massier Gregory C $210,000 Security Title Agency Inc
Ooms John $205,000 Ticor Title Agency Of Arizon
Martinez Francisco Michel $139,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrier Denice Carol $125,000
Open Ferrier Denice Carol $290,000
Closed Ferrier Denice Carol $272,000
Previous Owner Griffiths Daniel Belinda J $146,700
Previous Owner Griffiths Daniel Belinda $151,700
Previous Owner Griffiths Daniel Belinda Jane $140,000
Previous Owner Griffiths Daniel Belinda Jane $34,999
Previous Owner Griffiths Daniel Belinda Jane $35,000
Previous Owner Massier Gregory C $94,700
Previous Owner Ooms John $120,000
Previous Owner Martinez Francisco Michel $108,150
Closed Martinez Francisco Michel $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2020 01/06/20 Sold $320,000 0.0% $221 / Sq Ft
12/07/2019 12/07/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $319,900 -- $221 / 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 $1,754 $24,270 -- --
2024 $1,769 $23,114 -- --
2023 $1,769 $33,580 $6,710 $26,870
2022 $1,715 $27,980 $5,590 $22,390
2021 $1,812 $26,180 $5,230 $20,950
2020 $1,784 $25,580 $5,110 $20,470
2019 $1,640 $23,470 $4,690 $18,780
2018 $1,590 $22,230 $4,440 $17,790
2017 $1,534 $21,310 $4,260 $17,050
2016 $1,587 $19,630 $3,920 $15,710
2015 $1,446 $19,710 $3,940 $15,770
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Derek Dickson

    OfferPad Brokerage, LLC

    Derek Dickson
    Section Image
  • Ray Ferrier

    Buyer's Agent in 2020

    Ray Ferrier

    HomeSmart

    (480) 861-3250

    53 Total Sales

    Ray Ferrier
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6010914

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-595

Arizona Maricopa County Gilbert 85233 The Islands

1357 W Coral Reef Dr, Gilbert, AZ

This home is located at 1357 W Coral Reef Dr, Gilbert, AZ 85233 since 04 December 2019 and is currently estimated at $499,383, approximately $344 per square foot. This property was built in 1987. 1357 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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