NOT LISTED FOR SALE

1402 W Clear Spring Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $553,000 - $583,169

3 Beds
3 Baths
1,797 Sq Ft
$316/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $550,000 $306 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,513/month

41 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Vaulted Ceiling
  • Islands Elementary School Rated A-
  • Community Lake
  • 5-minute walk to Islands Community Park

About This Home

As of August 2024

Relaxing waterfall views in your own waterfront backyard! Gated community, new kitchen appliances, new interior paint and new carpet. Home features an oversized 3 car garage in an amazing location close to downtown Gilbert as well as downtown Chandler.

Last Agent to Sell the Property

Lauren Galdarisi

Real Broker License #SA658955000 Listed on: 06/02/2024

Real Broker

Last Buyer's Agent

Shawntel Breakiron

Epique Realty License #SA662498000

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,084

Year Built

  • Built in 1994

Lot Details

  • 4,940 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,797 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony
  • Covered Patio or Porch

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 18
  • Assessor Parcel Number 302-30-743

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • Coral Point Association, Phone Number (480) 635-1133
  • Islands Comm Assoc Association, Phone Number (480) 545-7740
  • Association Phone (480) 545-7740
  • Coral Point Replat Lot 1 & 2 Subdivision
  • Community Lake

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,084

Year Built

Built in 1994

Lot Details

0

HOA Fees

$338 per month

Parking

3

Listing Details

  • Cross Street: Warner and McQueen
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Islands Comm Assoc
  • HOA #2 Phone Number: 480-545-7740
  • 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: 337.83
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2023
  • Directions: From McQueen, head east on Warner, left on Islands, gated entrance will be on the right after the first lake.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: CORAL POINT REPLAT LOT 1 & 2
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 277.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1797.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Waterfront Lot, Grass Front, Auto Timer H2O Front
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: 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, Gated, Community Spa, Community Pool
  • Association #2 Fee: 365.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 277.0
  • Association Fee Frequency: Monthly
  • Association: Islands Comm Assoc
  • Association Name: Coral Point
  • Association Phone #2: 480-545-7740
  • Phone: 480-635-1133
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Coral Point
  • Association Fees:HOA Telephone4: 480-635-1133
  • Association Fees:Special Assessment HOA: Yes
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 454.52
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 275.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2: 2147.29
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Disclosure Fees HOA 2: 245.0
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fees:Special Assessment Amount Owed: 201.24
  • Association Fees:Special Assessment Frequency: Semi-Annually
  • Association Fees:Payment Start Date: 2024-04-01
  • Association Fees:Payment End Date: 2024-10-01

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint

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: 4940.0
  • Parcel #: 302-30-743

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 2084.0
  • Tax Book Number: 302.00
  • Tax Lot: 18
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2024
Closed on
Aug 26, 2024
Sold by
Galdarisi Joseph A
Bought by
Lantz Zachary M
Seller's Agent
Lauren Galdarisi
Real Broker
Buyer's Agent
Shawntel Breakiron
Epique Realty
List Price
$569,900
Sold Price
$550,000
Premium/Discount to List
-$19,900
-3.49%
Views
32
Current Estimated Value
$568,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,542
Avg. Annual Appreciation
3.18%
Original Mortgage
$260,000
Outstanding Balance
$257,477
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$311,065

Purchase Details

Closed on
Dec 23, 2009
Sold by
Sigerson Patricia
Bought by
Galdarisi Joseph A and Galdarisi Melanie

Purchase Details

Closed on
May 26, 2005
Sold by
Schuttler Richard S
Bought by
Sigerson Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 20, 2005
Sold by
Sigerson Thomas M
Bought by
Sigerson Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 8, 2003
Sold by
Morales Marc and Morales Christina E
Bought by
Schuttler Richard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,939
Interest Rate
5.97%
Mortgage Type
VA

Purchase Details

Closed on
Jul 19, 2002
Sold by
Wargo Charles L and Wargo Sandra J
Bought by
Morales Marc and Morales Christina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
6.7%
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
Lantz Zachary M $550,000 Fidelity National Title Agency
Galdarisi Joseph A $196,000 Pioneer Title Agency Inc
Sigerson Patricia $350,000 Capital Title Agency Inc
Sigerson Patricia -- Capital Title Agency Inc
Schuttler Richard S $221,300 Title Partners For Russ Lyon
Morales Marc -- Title Guaranty Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lantz Zachary M $260,000
Previous Owner Sigerson Patricia $86,000
Previous Owner Sigerson Patricia $280,000
Previous Owner Sigerson Patricia $280,000
Previous Owner Schuttler Richard S $227,939
Previous Owner Morales Marc $42,000
Previous Owner Morales Marc $169,600
Previous Owner Wargo Charles L $101,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $550,000 -3.5% $306 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $569,900 -- $317 / 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 $2,073 $23,705 -- --
2024 $2,084 $22,576 -- --
2023 $2,084 $40,570 $8,110 $32,460
2022 $2,026 $32,480 $6,490 $25,990
2021 $2,096 $31,010 $6,200 $24,810
2020 $2,065 $27,320 $5,460 $21,860
2019 $1,918 $25,910 $5,180 $20,730
2018 $1,866 $24,250 $4,850 $19,400
2017 $1,804 $23,080 $4,610 $18,470
2016 $1,850 $20,960 $4,190 $16,770
2015 $1,687 $20,420 $4,080 $16,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6713741

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-743