$400,000
SOLD AUG 27, 2019

1421 W Clear Spring Dr Gilbert, AZ 85233

The Islands Neighborhood
3 Beds
2.5 Baths
2,156 Sq Ft
6,129 Sq Ft Lot

Recently Sold

$186 Per Sq Ft

2% Below List Price

16 Days on Market

Highlights

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

About This Home

As of September 2020

This spectacular 3 bedroom + DEN, 2.5 bath WATERFRONT HOME is located in one of the most sought-after gated communities in Gilbert. IMAGINE a lifestyle filled with sunsets, boating, and magnificent views... all from the privacy of your own backyard? Step inside this incredible home that features a DRAMATIC ENTRY... with a living room with souring vaults, a modern staircase, and a formal dining room all overlooking the lake. A cozy family room with a fireplace, an expansive kitchen with a modern breakfast bar and a nook look out to the backyard that truly sets this home apart from all other homes!!! The expansive covered patio and seating area has views and charm that you'll truly never want to leave!!! BONUS: HOA maintains the FRONT & REAR landscape!!!

Last Agent to Sell the Property

SF Graff

Real Broker License #BR038597000 Listed on: 07/15/2019

Real Broker

Last Buyer's Agent

Julie Chamberlain

Redfin Corporation License #SA542825000

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,953

Year Built

  • Built in 1994

Lot Details

  • 6,129 Sq Ft Lot
  • Waterfront
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Patio Home
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,156 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 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 101
  • Assessor Parcel Number 302-30-826

Community Details

Overview

  • Association fees include ground maintenance
  • First Service Reside Association, Phone Number (602) 957-9191
  • Islands Community Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Coral Point Replat Lot 76 101 Subdivision
  • Community Lake

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,953

Year Built

Built in 1994

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Cross Street: McQUEEN & WARNER
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Islands Community
  • HOA #2 Phone Number: 480-551-4300
  • 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: 235.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1994
  • Tax Year: 2018
  • Directions: EAST on Warner Road, NORTH on Islands Driver, EAST on Port of Call (ENTRY GATE), First Right onto Paradise Dr, which becomes Clear Spring Drive. Property will be on the right.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: CORAL POINT REPLAT LOT 76-101
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 187.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2156.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Waterfront Lot, Desert Back, Desert Front, Grass Front, Grass Back
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • 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: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: 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, Biking/Walking Path
  • Association #2 Fee: 288.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 187.0
  • Association Fee Frequency: Monthly
  • Association: Islands Community
  • Association Name: Coral Point Communit
  • Association Phone #2: 480-551-4300
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 275.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Coral Point Communit
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM LLC
  • Association Fees:HOA Management Phone: 602-957-9191
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:HOA Management Company 2: First Service Reside
  • Association Fees:HOA Management Phone 2: 480-551-4300

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: 6129.0
  • Parcel #: 302-30-826

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1953.0
  • Tax Book Number: 302.00
  • Tax Lot: 101
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 17, 2020
Sold by
Ernster Laura
Bought by
Nguyen Calvin Binh and Nguyen Karoly Thuy
Seller's Agent
Julie Chamberlain
Redfin Corporation
Buyer's Agent
Tara Hayden
Redfin Corporation
List Price
$465,000
Sold Price
$445,000
Premium/Discount to List
-$20,000
-4.3%
Current Estimated Value
$651,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,480
Avg. Annual Appreciation
8.51%
Original Mortgage
$195,000
Outstanding Balance
$142,143
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$526,861

Purchase Details

Listed on
Jul 15, 2019
Closed on
Aug 21, 2019
Sold by
Adkins Albert Samuel and Adkins Patricia T
Bought by
Ernster Robert G and Ernster Laura
Seller's Agent
SF Graff
Real Broker
Buyer's Agent
Julie Chamberlain
Redfin Corporation
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%

Purchase Details

Closed on
Apr 12, 1999
Sold by
Adkins Albert Samuel and Adkins Patricia T
Bought by
Adkins Albert Samuel and Adkins Patricia T

Purchase Details

Closed on
Mar 12, 1996
Sold by
Kursman Rudolph and Kursman Delores
Bought by
Adkins Albert Samuel and Adkins Patricia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 1994
Sold by
L & R Development
Bought by
Kursman Rudolph and Kursman Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
9.1%
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 Type Sale Price Title Company
Warranty Deed $445,000 Magnus Title Agency
Warranty Deed $400,000 Old Republic Title Agency
Interfamily Deed Transfer -- --
Warranty Deed $199,300 First American Title
Joint Tenancy Deed $156,200 United Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 New Conventional
Previous Owner $600,000 Credit Line Revolving
Previous Owner $203,200 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $155,000 New Conventional
Previous Owner $75,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $445,000 -1.1% $206 / Sq Ft
08/22/2020 08/22/20 Price Changed $450,000 -1.1% $209 / Sq Ft
08/11/2020 08/11/20 Price Changed $455,000 -2.2% $211 / Sq Ft
07/16/2020 07/16/20 For Sale $465,000 +16.3% $216 / Sq Ft
08/27/2019 08/27/19 Sold $400,000 -2.4% $186 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $410,000 0.0% $190 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $410,000 -- $190 / 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 $2,155 $29,820 -- --
2024 $2,173 $28,400 -- --
2023 $2,173 $45,980 $9,190 $36,790
2022 $2,108 $37,660 $7,530 $30,130
2021 $2,227 $34,510 $6,900 $27,610
2020 $2,193 $30,950 $6,190 $24,760
2019 $2,015 $28,560 $5,710 $22,850
2018 $1,953 $26,960 $5,390 $21,570
2017 $1,884 $26,100 $5,220 $20,880
2016 $1,950 $24,860 $4,970 $19,890
2015 $1,777 $24,770 $4,950 $19,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5952517

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-826