1401 W Coral Reef Dr Gilbert, AZ 85233
The Islands NeighborhoodEstimated Value: $527,000 - $578,000
3
Beds
2.5
Baths
1,832
Sq Ft
$303/Sq Ft
Est. Value
Highlights
- Transportation Service
- Waterfront
- Clubhouse
- Islands Elementary School Rated A-
- Community Lake
- Living Room with Fireplace
About This Home
As of February 2023RARE, Highly Coveted, South Facing WATERFRONT Lot in the Heart of GILBERT. Priced BELOW MARKET because you want PARADISE & Seller Wants Your Attention. Check out the pics & GET HERE 1st cuz this gem WILL NOT LAST! Imagine no yard work, a POOL w/in steps, & a dock for boating & fishing. DOWNTOWN GILBERT w/Upscale Dining, Pubs, Open Air Events & LEGENDARY ATMOSPHERE is just 2 miles away. Your Dream Home is OVERFLOWING w/amenities (See Upgrades/Options in Doc Section) featuring Travertine Floors, Custom Kitchen Cabs, Granite, Designer Lighting/Plumbing Fixtures, Fireplace, Iron Railings, Vaulted C-lings, Plantation Shutters & the list goes on. WATCH SUNSETS on the Water & Pretend You're in The Florida Keys. We ALL know GILBERT is AZ's Town of Choice. Opportunity has Knocked, WILL YOU ANSWER?
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,260
Year Built
- Built in 1987
Lot Details
- 2,034 Sq Ft Lot
- Waterfront
- Cul-De-Sac
- Grass Covered Lot
HOA Fees
Parking
- 2 Car Direct Access Garage
- Garage Door Opener
Home Design
- Wood Frame Construction
- Tile Roof
- Reflective Roof
- Foam Roof
- Stucco
Interior Spaces
- 1,832 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Two Way Fireplace
- Double Pane Windows
- Living Room with Fireplace
- 2 Fireplaces
- Security System Owned
Kitchen
- Eat-In Kitchen
- Kitchen Island
- Granite Countertops
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- Remodeled Bathroom
- 2.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Outdoor Features
- Balcony
- Patio
Location
- Property is near a bus stop
Schools
- Islands Elementary School
- Mesquite Jr High Middle School
- Mesquite High School
Utilities
- Refrigerated Cooling System
- Heating Available
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 38
- Assessor Parcel Number 302-30-594
Community Details
Overview
- Association fees include ground maintenance
- First Service Association, Phone Number (480) 545-7740
- Coral Reef Association, Phone Number (480) 551-4300
- Association Phone (623) 232-8150
- Built by Screming
- The Islands Subdivision, The Entertainer Floorplan
- Community Lake
Amenities
- Transportation Service
- Clubhouse
- Recreation Room
Recreation
- Community Playground
- Community Pool
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2023
Closed on
Feb 23, 2023
Sold by
George Dunlap Revocable Trust
Bought by
Dakota East Llc
Seller's Agent
Joel Scheller
HomeSmart
Buyer's Agent
Tiffany Mickolio
My Home Group Real Estate
List Price
$550,000
Sold Price
$536,000
Premium/Discount to List
-$14,000
-2.55%
Total Days on Market
16
Views
138
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,665
Avg. Annual Appreciation
1.61%
Purchase Details
Closed on
Jan 20, 2021
Sold by
Dunlap George
Bought by
Dunlap George and George Dunlap Revocable Trust
Purchase Details
Listed on
May 22, 2020
Closed on
Jul 8, 2020
Sold by
Milton Dean and Milton Penny
Bought by
Perlenfein Lynn P and Dunlap George
Seller's Agent
Lorraine Moller
Keller Williams Realty East Valley
Buyer's Agent
Lori Schlanger
West USA Realty
List Price
$390,000
Sold Price
$390,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$157,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 11, 2019
Closed on
Jan 12, 2020
Sold by
Perlenfein Lynn P
Bought by
Dunlap George
Seller's Agent
John Jarvis
On Q Property Management
Buyer's Agent
Stacey Miller
Rentals America
Sold Price
$1,875
Purchase Details
Listed on
Jan 28, 2013
Closed on
Feb 28, 2013
Sold by
Scottsdale Real Estate Group Llc
Bought by
Milton Dean and Milton Penny
Seller's Agent
Tom Anderson
Realty Executives
Buyer's Agent
Jody Sayler
Just Selling AZ
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Purchase Details
Closed on
Dec 6, 2012
Sold by
Fogarty Brenda
Bought by
Dirt Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.37%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 8, 2012
Sold by
Dirt Holdings Llc
Bought by
Scottsdale Real Estate Group Llc
Purchase Details
Closed on
Aug 30, 2006
Sold by
Fogarty Brendan
Bought by
Fogarty Brendan and Vesco Karen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,890
Interest Rate
6.56%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Aug 25, 2006
Sold by
Vesco Karen
Bought by
Fogarty Brendan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,890
Interest Rate
6.56%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Aug 22, 2006
Sold by
Moore Virginia H
Bought by
Fogarty Brendan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,890
Interest Rate
6.56%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jan 2, 2003
Sold by
Moore Judy M
Bought by
Moore Keith E
Purchase Details
Closed on
Oct 23, 2000
Sold by
Scremin Family Ltd Partnership
Bought by
Moore Allen B and Moore Virginia H
Purchase Details
Closed on
Dec 31, 1997
Sold by
Scremin John C and Scremin Jimmy Ruth
Bought by
Scremin Family Ltd Partnership
Similar Homes in Gilbert, AZ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dakota East Llc | $536,000 | Old Republic Title Agency | |
| Dunlap George | -- | None Available | |
| Perlenfein Lynn P | $390,000 | Az Title Agency Llc | |
| Dunlap George | $185,000 | None Available | |
| Milton Dean | $230,000 | First American Title Ins Co | |
| Dirt Holdings Llc | $167,600 | None Available | |
| Scottsdale Real Estate Group Llc | -- | None Available | |
| Fogarty Brendan | -- | None Available | |
| Fogarty Brendan | -- | Equity Title Agency Inc | |
| Fogarty Brendan | $308,900 | Equity Title Agency Inc | |
| Moore Keith E | -- | Capital Title Agency Inc | |
| Moore Allen B | $164,500 | Transnation Title Insurance | |
| Scremin Family Ltd Partnership | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Perlenfein Lynn P | $157,000 | |
| Previous Owner | Scottsdale Real Estate Group Llc | $150,000 | |
| Previous Owner | Fogarty Brendan | $30,890 | |
| Previous Owner | Fogarty Brendan | $247,120 | |
| Previous Owner | Fogarty Brendan | $247,120 | |
| Previous Owner | Fogarty Brendan | $247,120 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2023 02/23/23 | Sold | $536,000 | -2.5% | $293 / Sq Ft |
| 01/26/2023 01/26/23 | Pending | -- | -- | -- |
| 01/10/2023 01/10/23 | For Sale | $550,000 | +41.0% | $300 / Sq Ft |
| 07/17/2020 07/17/20 | Sold | $390,000 | 0.0% | $219 / Sq Ft |
| 06/08/2020 06/08/20 | Pending | -- | -- | -- |
| 05/22/2020 05/22/20 | For Sale | $390,000 | 0.0% | $219 / Sq Ft |
| 11/22/2019 11/22/19 | Rented | $1,875 | 0.0% | -- |
| 11/06/2019 11/06/19 | Under Contract | -- | -- | -- |
| 10/15/2019 10/15/19 | Price Changed | $1,875 | -3.8% | $1 / Sq Ft |
| 09/11/2019 09/11/19 | For Rent | $1,950 | +14.8% | -- |
| 10/09/2014 10/09/14 | Rented | $1,699 | -9.4% | -- |
| 10/08/2014 10/08/14 | Under Contract | -- | -- | -- |
| 06/16/2014 06/16/14 | For Rent | $1,875 | +21.0% | -- |
| 05/01/2013 05/01/13 | Rented | $1,550 | -16.2% | -- |
| 04/25/2013 04/25/13 | Under Contract | -- | -- | -- |
| 04/05/2013 04/05/13 | For Rent | $1,850 | 0.0% | -- |
| 03/28/2013 03/28/13 | Sold | $230,000 | -4.1% | $129 / Sq Ft |
| 02/27/2013 02/27/13 | Pending | -- | -- | -- |
| 02/14/2013 02/14/13 | For Sale | $239,900 | 0.0% | $135 / Sq Ft |
| 02/01/2013 02/01/13 | Pending | -- | -- | -- |
| 01/28/2013 01/28/13 | For Sale | $239,900 | -- | $135 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,311 | $26,434 | -- | -- |
| 2024 | $2,323 | $25,175 | -- | -- |
| 2023 | $2,323 | $37,110 | $7,420 | $29,690 |
| 2022 | $2,260 | $30,220 | $6,040 | $24,180 |
| 2021 | $2,337 | $28,350 | $5,670 | $22,680 |
| 2020 | $2,303 | $27,820 | $5,560 | $22,260 |
| 2019 | $2,139 | $25,610 | $5,120 | $20,490 |
| 2018 | $2,080 | $24,210 | $4,840 | $19,370 |
| 2017 | $2,012 | $23,320 | $4,660 | $18,660 |
| 2016 | $2,063 | $21,770 | $4,350 | $17,420 |
| 2015 | $1,881 | $21,770 | $4,350 | $17,420 |
Source: Public Records
Agents Affiliated with this Home
-
Joel Scheller
Seller's Agent in 2023
Joel Scheller
HomeSmart
(602) 647-9222
1 in this area
65 Total Sales
-
Stacey Scheller
S
Seller Co-Listing Agent in 2023
Stacey Scheller
HomeSmart
(480) 346-7505
1 in this area
20 Total Sales
-
Tiffany Mickolio
Buyer's Agent in 2023
Tiffany Mickolio
My Home Group
(480) 347-5379
4 in this area
206 Total Sales
-
Lorraine Moller
Seller's Agent in 2020
Lorraine Moller
Keller Williams Realty East Valley
(480) 717-5028
24 in this area
83 Total Sales
-
Lori Schlanger
L
Buyer's Agent in 2020
Lori Schlanger
West USA Realty
(480) 722-9800
2 in this area
27 Total Sales
-
John Jarvis
J
Seller's Agent in 2019
John Jarvis
On Q Property Management
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6506011
APN: 302-30-594
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.
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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