NOT LISTED FOR SALE

1405 W Clear Spring Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $633,015 - $688,000

4 Beds
3 Baths
2,016 Sq Ft
$332/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $410,000 $203 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,178/month

21 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Granite Countertops
  • Islands Elementary School Rated A-
  • 1 Fireplace
  • Community Pool

About This Home

As of July 2019

Meticulously maintained 4 bed, 3 bath home on a fabulous waterfront lot!! Great for entertaining and allows you to enjoy sunsets, boating, and great for views to the lake from several angles of the house. Recently upgraded hardwood floors, kitchen and baths. Kitchen has stainless steel appliances and granite counter tops. Master suite is equipped with balcony for lovely views and privacy. Don't miss this opportunity!

Last Agent to Sell the Property

Ari McCormick

DRH Properties Inc License #BR670249000 Listed on: 05/24/2019

DRH Properties Inc

Last Buyer's Agent

Araceli Kestler

Richmond American Homes License #SA670249000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,910

Year Built

  • Built in 1994

Lot Details

  • 3,742 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

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

Schools

  • Islands Elementary School
  • Mesquite Elementary School - Gilbert Middle School
  • Mesquite High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 302-30-822

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint
  • First Service Association, Phone Number (480) 551-4300
  • The Falls Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Coral Point Replat Lot 76 101 Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,910

Year Built

Built in 1994

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Cross Street: S Islands Dr W & W Warner Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: The Falls
  • HOA #2 Phone Number: 480-551-4300
  • HOA #2 Transfer Fee: 400.0
  • 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: 235.05
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2018
  • Directions: Head northwest on S Islands Dr W toward W Islandia Dr Turn right onto W Port of Call Turn right onto S Paradise Dr S Paradise Dr turns slightly left and becomes W Clearspring Dr
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: CORAL POINT REPLAT LOT 76-101
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 288.32
  • Special Features: VirtualTour

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2016.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Community Spa: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa, Community Pool
  • Amenities: None
  • Association #2 Fee: 187.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 288.32
  • Association Fee Frequency: Semi-Annually
  • Association: The Falls
  • Association Name: First Service
  • Association Phone #2: 480-551-4300
  • Phone: 480-551-4300
  • 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: First Service
  • Association Fees:HOA Telephone4: 480-551-4300
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, 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 Elementary School - Gilbert

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3742.0
  • Parcel #: 302-30-822
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 1910.0
  • Tax Book Number: 302.00
  • Tax Lot: 97
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Hessler Molly F
Bought by
Hessler Molly F and Hessler Molly F
Total Days on Market
21
Current Estimated Value
$669,254

Purchase Details

Listed on
May 24, 2019
Closed on
Jul 9, 2019
Sold by
Hessler Mervin and Hessler Molly F
Bought by
Hessler Molly F
Seller's Agent
Ari McCormick
DRH Properties Inc
Buyer's Agent
Ari McCormick
DRH Properties Inc
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%

Purchase Details

Listed on
May 24, 2019
Closed on
Jun 24, 2019
Sold by
Sherman Steven and Sherman Kelly
Bought by
Hessler Molly F
Seller's Agent
Ari McCormick
DRH Properties Inc
Buyer's Agent
Ari McCormick
DRH Properties Inc
List Price
$410,000
Sold Price
$410,000

Purchase Details

Listed on
Feb 7, 2017
Closed on
May 6, 2017
Sold by
Fairbank Michael V and Fairbank Gretchen L
Bought by
Sherman Steven and Sherman Kelly
Seller's Agent
Gary Colin
Real Broker
Buyer's Agent
Don Matheson
RE/MAX Fine Properties
List Price
$368,000
Sold Price
$363,500
Premium/Discount to List
-$4,500
-1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$233,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2013
Closed on
Nov 11, 2013
Sold by
Crissman Richard
Bought by
Fairbank Michael and Fairbank Gretchen L
Seller's Agent
Chris Benson
NextHome Alliance
Buyer's Agent
Nick Bosley
My Home Group Real Estate
List Price
$379,000
Sold Price
$357,000
Premium/Discount to List
-$22,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.52%
Original Mortgage
$339,150
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Crissman Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2008
Sold by
Nicoud Anne
Bought by
Deutsche Bank National Trust Co and New Century Home Equity Loan Tr 2005-1

Purchase Details

Closed on
Mar 29, 2002
Sold by
Cowing Linda
Bought by
Nicoud Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1994
Sold by
L & R Development
Bought by
Cowing Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,150
Interest Rate
9.1%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Hessler Molly F -- Accommodation
Hessler Molly F -- Lawyers Title Of Arizona Inc
Hessler Molly F $410,000 Lawyers Title Of Arizona Inc
Sherman Steven $363,500 Fidelity National Title Agen
Fairbank Michael $357,000 American Title Service Agenc
Crissman Richard $205,000 Fidelity National Title
Deutsche Bank National Trust Co $380,000 Fidelity National Title Ins
Nicoud Anne $240,000 Equity Title Agency Inc
Cowing Linda $152,700 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherman Steven $233,500
Previous Owner Fairbank Michael $348,430
Previous Owner Fairbank Michael $339,150
Previous Owner Crissman Richard $169,900
Previous Owner Crissman Richard $164,000
Previous Owner Nicoud Anne $293,250
Previous Owner Nicoud Anne $51,750
Previous Owner Nicoud Anne $208,000
Previous Owner Nicoud Anne $52,000
Previous Owner Nicoud Anne $192,000
Previous Owner Cowing Linda $122,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $410,000 0.0% $203 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $410,000 +12.8% $203 / Sq Ft
05/10/2017 05/10/17 Sold $363,500 -1.2% $180 / Sq Ft
02/07/2017 02/07/17 For Sale $368,000 +3.1% $183 / Sq Ft
11/14/2013 11/14/13 Sold $357,000 -5.8% $177 / Sq Ft
09/12/2013 09/12/13 For Sale $379,000 -- $188 / 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 $2,368 $29,161 -- --
2024 $2,563 $27,773 -- --
2023 $2,563 $45,330 $9,060 $36,270
2022 $2,493 $36,570 $7,310 $29,260
2021 $2,578 $33,680 $6,730 $26,950
2020 $2,540 $30,310 $6,060 $24,250
2019 $1,971 $27,980 $5,590 $22,390
2018 $1,910 $26,460 $5,290 $21,170
2017 $1,843 $25,580 $5,110 $20,470
2016 $1,907 $24,210 $4,840 $19,370
2015 $1,737 $24,210 $4,840 $19,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5930339

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-822