1401 W Coral Reef Dr Gilbert, AZ 85233
The Islands Neighborhood
3
Beds
2.5
Baths
1,783
Sq Ft
$245/mo
HOA Fee
Highlights
- Waterfront
- Community Lake
- Vaulted Ceiling
- Islands Elementary School Rated A-
- Living Room with Fireplace
- Community Pool
About This Home
As of February 2023WOW! Beautiful waterfront home in Gilbert's fantastic Lake Community ''The Islands''. Completely remodeled, gorgeous 3 bed, 2.5 bath town home with soaring 2-story ceilings, open floor plan, and 2-way fireplace between LR & DR. Terrific views of the water from large patio or balcony. You'll love the updated kitchen w stainless steel appliances, wood cabinets, granite counter tops & large center island -- perfect for entertaining. Master bedroom offers private balcony overlooking lake & updated Master Bath with spacious walk-in shower. Two more bedrooms upstairs and guest bath. Downstairs features convenient half bath, laundry room in pantry (w/d included) & access to 2-car garage. This home is directly across from community pool. Join us in The Islands and Love Where You Live!
Last Agent to Sell the Property
Keller Williams Realty East Valley License #SA646810000 Listed on: 05/22/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,139
Year Built
- Built in 1987
Lot Details
- 2,034 Sq Ft Lot
- Waterfront
- 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
- 1,783 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Two Way Fireplace
- Living Room with Fireplace
- 2 Fireplaces
Kitchen
- Eat-In Kitchen
- Kitchen Island
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- Remodeled Bathroom
- 2.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Outdoor Features
- Balcony
- 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 38
- Assessor Parcel Number 302-30-594
Community Details
Overview
- Association fees include ground maintenance
- First Service Association, Phone Number (602) 277-4418
- The Islands Association, Phone Number (480) 551-4300
- Association Phone (480) 545-7740
- Townhomes On Coral Reef Subdivision
- Community Lake
Recreation
- Community Pool
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 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%
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
$10,404
Avg. Annual Appreciation
0.79%
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
6.92%
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
AZ Brokerage Holdings, LLC
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
7.26%
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 the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $536,000 | Old Republic Title Agency | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $390,000 | Az Title Agency Llc | |
| Special Warranty Deed | $185,000 | None Available | |
| Cash Sale Deed | $230,000 | First American Title Ins Co | |
| Trustee Deed | $167,600 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Equity Title Agency Inc | |
| Warranty Deed | $308,900 | Equity Title Agency Inc | |
| Interfamily Deed Transfer | -- | Capital Title Agency Inc | |
| Cash Sale Deed | $164,500 | Transnation Title Insurance | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $157,000 | New Conventional | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $30,890 | Stand Alone Second | |
| Previous Owner | $247,120 | Purchase Money Mortgage | |
| Previous Owner | $247,120 | Purchase Money Mortgage | |
| Previous Owner | $247,120 | Purchase Money Mortgage |
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
-
Seller's Agent in 2023
Joel Scheller
HomeSmart
(602) 647-9222
1 in this area
59 Total Sales
-
S
Seller Co-Listing Agent in 2023
Stacey Scheller
HomeSmart
(480) 346-7505
1 in this area
21 Total Sales
-
Buyer's Agent in 2023
Tiffany Mickolio
My Home Group
(480) 347-5379
4 in this area
198 Total Sales
-
Seller's Agent in 2020
Lorraine Moller
Keller Williams Realty East Valley
(480) 717-5028
22 in this area
80 Total Sales
-
L
Buyer's Agent in 2020
Lori Schlanger
West USA Realty
(480) 722-9800
1 in this area
28 Total Sales
-
J
Seller's Agent in 2019
John Jarvis
On Q Property Management
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6081608
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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