NOT LISTED FOR SALE

Estimated Value: $1,118,000 - $1,288,120

4 Beds
5 Baths
4,400 Sq Ft
$266/Sq Ft Est. Value

Last Sold March 18, 2020

Last sale price $730,000 $166 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,226/month

108 Days on Market

Highlights

  • Heated Spa
  • Waterfront
  • Fireplace in Primary Bedroom
  • Islands Elementary School Rated A-
  • Community Lake
  • Vaulted Ceiling

About This Home

As of March 2020

Luxury lake living with room and privacy for everyone, and, oh, the views! This one of a kind lakefront home is perfect for multi-generational or large families. Each of the four huge bedrooms has its own beautifully updated en-suite full bathroom. The dramatically over-sized master is secluded from the rest of the house by being upstairs. It boasts a separate sitting area, workout area, cedar closet, walk-in closet and amazing views of the lake. A walk-in double shower, beautiful soaking tub, and lovely vanity make the master bath a luxurious retreat. The kitchen and living room offer dramatic views of the lake, including amazing sunsets and the best view of the famous Island's fountain on the lake. The kitchen is completely updated, with new quartzite countertops, cabinets and appliances (including a gas range) and a walk-in pantry. The three downstairs bedrooms are all extremely spacious, and two of them offer separate exterior entrances making them perfect as mother-in-law suites or for anyone who prefers privacy in coming and going. The backyard has a pool, hot tub, covered patio, separate private patio, a dock, and gorgeous views. The stand-alone garage has two garage doors, tons of storage, and a work area in the back that could be converted to allow for 3 cars to be parked inside. The house wraps around a lovely entry courtyard, complete with babbling fountain. 4,400 square feet of beautifully updated home, amazing views, spacious private quarters. The home was designed by noted architect Robert McCormack, who also designed Tlaqpaque in Sedona. This house is at the end of the cul-de-sace on a one of kind street, known as the street of dreams as each of the homes was custom built by a different builder to illustrate what was possible, also has the benefit of extremely low HOA fees.

Last Agent to Sell the Property

Jared English

Congress Realty, Inc. Brokerage Phone: 888-881-4118 License #BR569813000 Listed on: 10/19/2019

Last Buyer's Agent

John Landers

West USA Realty License #SA668106000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,117

Year Built

  • Built in 1988

Lot Details

  • 9,087 Sq Ft Lot
  • Waterfront
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 4,400 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Tinted Windows
  • Family Room with Fireplace
  • 3 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace

Schools

  • Islands Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 302-30-089

Community Details

Overview

  • Association fees include ground maintenance
  • Islands Community As Association
  • Built by Custom
  • Tres Vistas Lot 1 26 Parcel A B Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,117

Year Built

Built in 1988

Lot Details

0

HOA Fees

$49 per month

Parking

3

Listing Details

  • Cross Street: Elliott and McQueen
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 48.67
  • Basement: N
  • Bathrooms Year Updated: 2019
  • Items Updated Floor Yr Updated: 2019
  • Items Updated Ht Cool Yr Updated: 2019
  • Items Updated Kitchen Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1988
  • Spa Private: Yes
  • Tax Year: 2019
  • Attribution Contact: 888-881-4118
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: TRES VISTAS LOT 1-26 PARCEL A-B
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 292.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4400.0
  • Stories: 2
  • Window Features: Skylight(s), Dual Pane, Tinted Windows
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front
  • Pool Features: Play Pool, Heated, Private
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage, Garage Door Opener, Extended Length Garage, Separate Strge Area, Detached
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Biking/Walking Path
  • Association Fee: 292.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Islands Community As
  • Phone: 000-000-0000
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Islands Community As
  • Association Fees:HOA Telephone4: 000-000-0000
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 406.72
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 9087.0
  • Parcel #: 302-30-089

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 5117.0
  • Tax Book Number: 302.00
  • Tax Lot: 15
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2019
Closed on
Mar 17, 2020
Sold by
Chapman Natasha
Bought by
Welch Thomas Allen
Seller's Agent
Jared English
Congress Realty, Inc.
Buyer's Agent
John Landers
West USA Realty
List Price
$844,000
Sold Price
$730,000
Premium/Discount to List
-$114,000
-13.51%
Current Estimated Value
$1,043,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,326
Avg. Annual Appreciation
6.92%
Original Mortgage
$657,000
Outstanding Balance
$587,045
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$460,434

Purchase Details

Listed on
Oct 19, 2019
Closed on
Mar 10, 2020
Sold by
Drake Dean Christopher and Johnson Rachel
Bought by
Welch Thomas
Seller's Agent
Jared English
Congress Realty, Inc.
Buyer's Agent
John Landers
West USA Realty
List Price
$844,000
Sold Price
$730,000
Premium/Discount to List
-$114,000
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,000
Outstanding Balance
$587,045
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$460,434

Purchase Details

Listed on
Apr 13, 2017
Closed on
Sep 19, 2017
Sold by
Coe Bruce R and Coe Dale B
Bought by
Drake Dean Christopher and Johnson Rachel
Seller's Agent
Adam Coe
DeLex Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$680,000
Sold Price
$627,500
Premium/Discount to List
-$52,500
-7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$502,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2012
Sold by
Coe Bruce R and Coe Dale B
Bought by
Coe Bruce R and Coe Dale B

Purchase Details

Closed on
Apr 16, 2002
Sold by
Craft Steven
Bought by
Coe Bruce R and Coe Dale B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,500
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2000
Sold by
Exner Lawrence A and Exner Linda D
Bought by
Craft P Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 1998
Sold by
Shemberger Kaylor E
Bought by
Exner Lawrence A and Exner Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 1997
Sold by
Vanliere Patricia W
Bought by
Shemberger Kaylor E

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
7.92%

Purchase Details

Closed on
Jun 6, 1996
Sold by
Bundy D James and Bundy Nancy A
Bought by
Shemberger Kaylor E and Vanliere Patricia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Welch Thomas Allen -- American Title Svc Agcy Llc
Welch Thomas $730,000 American Title Svc Agcy Llc
Drake Dean Christopher $627,500 Security Title Agency Inc
Coe Bruce R -- None Available
Coe Bruce R $515,000 First American Title Ins Co
Craft P Steven $480,000 North American Title Agency
Exner Lawrence A $432,500 Security Title Agency
Shemberger Kaylor E -- Chicago Title Insurance Co
Shemberger Kaylor E $390,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Thomas Allen $657,000
Previous Owner Drake Dean Christopher $502,000
Previous Owner Coe Inc $575,000
Previous Owner Coe Bruce R $525,000
Previous Owner Coe Bruce R $50,000
Previous Owner Coe Bruce R $425,000
Previous Owner Coe Bruce R $342,500
Previous Owner Craft P Steven $384,000
Previous Owner Exner Lawrence A $382,500
Previous Owner Shemberger Kaylor E $328,000
Previous Owner Shemberger Kaylor E $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2020 03/18/20 Sold $730,000 -6.9% $166 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/11/2020 01/11/20 Price Changed $784,000 -1.8% $178 / Sq Ft
11/10/2019 11/10/19 Price Changed $798,000 -2.6% $181 / Sq Ft
10/26/2019 10/26/19 Price Changed $819,000 -3.0% $186 / Sq Ft
10/19/2019 10/19/19 For Sale $844,000 +34.5% $192 / Sq Ft
09/26/2017 09/26/17 Sold $627,500 -3.3% $166 / Sq Ft
07/23/2017 07/23/17 Pending -- -- --
06/01/2017 06/01/17 Price Changed $649,000 -2.2% $171 / Sq Ft
05/04/2017 05/04/17 Price Changed $663,500 -2.4% $175 / Sq Ft
04/13/2017 04/13/17 For Sale $680,000 -- $179 / 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 $5,582 $70,449 -- --
2024 $5,613 $67,094 -- --
2023 $5,613 $75,520 $15,100 $60,420
2022 $5,439 $64,080 $12,810 $51,270
2021 $5,649 $58,560 $11,710 $46,850
2020 $5,553 $57,360 $11,470 $45,890
2019 $5,117 $52,570 $10,510 $42,060
2018 $5,015 $50,560 $10,110 $40,450
2017 $4,881 $50,260 $10,050 $40,210
2016 $5,021 $52,200 $10,440 $41,760
2015 $4,525 $52,100 $10,420 $41,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5994178

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-089