NOT LISTED FOR SALE

1422 W Commerce Ave Gilbert, AZ 85233

Northwest Gilbert Neighborhood

Estimated Value: $1,145,000 - $1,232,848

5 Beds
5 Baths
6,298 Sq Ft
$190/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $1,000,000 $159 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,181/month

4 Days on Market

Highlights

  • Media Room
  • Reverse Osmosis System
  • 0.23 Acre Lot
  • Playa Del Rey Elementary School Rated A-
  • Waterfront
  • 2-minute walk to McQueen Park

About This Home

As of May 2021

Luxury Waterski Community in the heart of Gilbert! This is the perfect home for a family who is interested in wakeboarding or wakesurfing. The rarest combination of location and lifestyle! 5 beds, 5 baths featuring a beautiful, large kitchen/family room area, sound-proof office, 2 full kitchens, 3 laundry rooms, air-conditioned garages, lots of storage and a north facing corner lot right on the lake. This home offers a private dock and beach front on one of the only 3 waterski lakes in the East Valley. The ski lake has a 5 buoy course for competition training or practicing. You have the option of living in 5,000 sq. ft. of the main home and put guests or a tenant in the 1,200 sq. ft. next gen suite which has a separate entrance. You won't find another one like this unique home!

Last Agent to Sell the Property

Tricia Costa

West USA Realty License #SA546846000 Listed on: 04/01/2021

Last Buyer's Agent

Adam Lee

eXp Realty License #SA567325000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,074

Year Built

  • Built in 2008

Lot Details

  • 9,924 Sq Ft Lot
  • Waterfront
  • Partially Fenced Property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $224 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 6,298 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Wired For Sound
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Low Emissivity Windows
  • Tinted Windows
  • Solar Screens
  • Great Room
  • Family Room
  • Formal Dining Room
  • Media Room
  • Bonus Room
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Gas Stub for Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 5 Bathrooms
  • Double Vanity
  • Private Water Closet
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on upper level
  • Gas Dryer Hookup

Schools

  • Playa Del Rey Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Utilities

  • Central Air
  • Heating Available
  • Programmable Thermostat
  • Gas Water Heater
  • Water Purifier
  • Water Softener is Owned
  • Multiple Phone Lines
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Separate Outdoor Workshop
  • Separate Entry Quarters

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 310-08-352

Community Details

Overview

  • Association fees include ground maintenance
  • Playa Del Rey Association, Phone Number (480) 682-3209
  • Built by Custom
  • Playa Del Rey Amended Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,074

Year Built

Built in 2008

Lot Details

9,924 Sq Ft Lot

HOA Fees

$224 per month

Parking

3

Listing Details

  • Cross Street: Guadalupe & McQueen
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 224.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2008
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.23
  • Subdivision Name: PLAYA DEL REY AMENDED
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 158.78
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Cooktop, Gas Stub for Range, Microwave, Reverse Osmosis, Gas Oven, Gas Range, Water Softener Owned, Water Purifier
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Tub with Jets, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Walk-in Pantry, Master Downstairs, 9+ Flat Ceilings, Central Vacuum
  • Living Area: 6298.0
  • Stories: 2
  • Window Features: Solar Screens, Low-Emissivity Windows, Tinted Windows

Exterior Features

  • Fencing: Block, Partial, None
  • Lot Features: Waterfront Lot, North/South Exposure, Sprinklers In Front, Sprinklers In Rear, Grass Front, Grass Back
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted, Stucco, Synthetic Stucco
  • Other Structures: Gazebo
  • Roof: Composition, Tile

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Access/Parking, Extended Length Garage, Garage Door Opener, Gated, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Inside, Gas Dryer Hookup, Upstairs Laundry
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Gated, Clubhouse
  • Association Fee: 224.0
  • Association Fee Frequency: Monthly
  • Association Name: Playa Del Rey
  • Phone: 480 682 3209
  • Association: Yes

Association/Amenities

  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Playa Del Rey 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: 9924.0
  • Parcel #: 310-08-352

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 6074.0
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2026
Sold by
Smith Dustin
Bought by
Ds Family Trust
Current Estimated Value
$1,194,462

Purchase Details

Listed on
Apr 1, 2021
Closed on
Apr 27, 2021
Sold by
Wright Justin and Wright Jennifer
Bought by
Smith Dustin
Seller's Agent
Tricia Costa
West USA Realty
Buyer's Agent
Adam Lee
eXp Realty
List Price
$999,900
Sold Price
$1,000,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$800,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2021
Closed on
Apr 22, 2021
Sold by
Smith Deborah Anne and Smith Dustin
Bought by
Smith Dustin
Seller's Agent
Tricia Costa
West USA Realty
Buyer's Agent
Adam Lee
eXp Realty
List Price
$999,900
Sold Price
$1,000,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2007
Sold by
Commerce Estate Llc
Bought by
Wright Justin and Wright Jennifer

Purchase Details

Closed on
Sep 28, 2006
Sold by
W Resources Llc
Bought by
Commerce Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.36%
Mortgage Type
Assumption

Purchase Details

Closed on
Jan 31, 2003
Sold by
Playa Del Rey Lp
Bought by
W Resources Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ds Family Trust -- None Listed On Document
Smith Dustin $1,000,000 Ez Title Agency Llc
Smith Dustin -- Ez Title Agency Llc
Wright Justin $400,000 Lawyers Title Insurance Corp
Commerce Real Estate Llc $545,000 None Available
W Resources Llc $530,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Dustin $800,000
Previous Owner Commerce Real Estate Llc $525,000
Previous Owner W Resources Llc $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2021 05/03/21 Sold $1,000,000 0.0% $159 / Sq Ft
04/01/2021 04/01/21 For Sale $999,900 -- $159 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $6,888 $82,473 -- --
2024 $6,649 $78,545 -- --
2023 $6,649 $96,900 $19,380 $77,520
2022 $6,450 $75,110 $15,020 $60,090
2021 $6,692 $70,560 $14,110 $56,450
2020 $6,584 $68,200 $13,640 $54,560
2019 $6,074 $66,250 $13,250 $53,000
2018 $5,890 $65,580 $13,110 $52,470
2017 $5,678 $64,250 $12,850 $51,400
2016 $5,836 $63,280 $12,650 $50,630
2015 $5,269 $63,650 $12,730 $50,920
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tricia Costa

    West USA Realty

  • Adam Lee

    Buyer's Agent in 2021

    Adam Lee

    eXp Realty

    (480) 331-3501

    1 in this area

    106 Total Sales

    Adam Lee
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6215378

Arizona Regional Multiple Listing Service (ARMLS)

APN: 310-08-352

Arizona Maricopa County Gilbert 85233 Northwest Gilbert

1422 W Commerce Ave, Gilbert, AZ

Not Listed for Sale

Detached

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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