NOT LISTED FOR SALE

Estimated Value: $985,000 - $1,097,000

4 Beds
3 Baths
3,470 Sq Ft
$294/Sq Ft Est. Value

Last Sold January 17, 2019

Last sale price $575,000 $166 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,837/month

81 Days on Market

Highlights

  • Private Pool
  • Waterfront
  • Vaulted Ceiling
  • Islands Elementary School Rated A-
  • Community Lake
  • Wood Flooring

About This Home

As of January 2019

Stunning waterfront home in the beautiful Islands community of Gilbert. Located in a cul-de-sac, this large family home sits ideally on the waters edge with stunning views. Enjoy all of lakes in the Islands community for fishing, boating, rowing, etc. This home is ready for your custom final touches- create your masterpiece with this spacious floorplan. 4 bedrooms, 3 baths and 3 car garage, and gorgeous resort backyard and pool. This home is just steps away from the A+ school of excellence-Islands Elementary, and minutes to award winning downtown Gilbert restaurants. Come see this home for yourself in person and you will be impressed, these rare beauties on the water don't come along often.

Last Agent to Sell the Property

Michael Silver

RE/MAX Alliance Group License #SA536787000 Listed on: 09/20/2018

RE/MAX Alliance Group

Co-Listed By

Michael Gooding

RE/MAX Alliance Group License #SA649242000

Last Buyer's Agent

Johannes Rath

Coldwell Banker Realty License #SA542833000

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,205

Year Built

  • Built in 1990

Lot Details

  • 8,864 Sq Ft Lot
  • Waterfront
  • Desert faces the front of the property
  • Cul-De-Sac
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,470 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Balcony
  • Covered Patio or Porch

Location

  • Property is near a bus stop

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 14
  • Assessor Parcel Number 302-30-024

Community Details

Overview

  • Association fees include ground maintenance
  • The Islands Association, Phone Number (480) 551-4300
  • The Islands Subdivision, Beautiful Floorplan
  • Community Lake

Amenities

  • Recreation Room

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,205

Year Built

Built in 1990

Lot Details

0

HOA Fees

$46 per month

Parking

3

Listing Details

  • Cross Street: ELLIOT & MCQUEEN
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 45.76
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2016
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1990
  • Tax Year: 2017
  • Directions: Head west on S McQueen Rd toward N McQueen Rd, Turn left onto W Palo Verde Dr, Turn right onto S Islands Dr W, Turn left onto W Emerald Key Ct, Destination will be on the left.
  • Master Model: Beautiful
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: rmal01
  • Co List Office Phone: 480-892-5300
  • Subdivision Name: THE ISLANDS
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 274.59
  • 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
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3470.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Desert Front, Cul-De-Sac, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, 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: 3.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Near Bus Stop, Playground, Biking/Walking Path
  • Association Fee: 274.59
  • Association Fee Frequency: Semi-Annually
  • Association Name: THE ISLANDS
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 115.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: THE ISLANDS
  • 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_: $

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: 8864.0
  • Parcel #: 302-30-024

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 4205.0
  • Tax Book Number: 302.00
  • Tax Lot: 14
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Jan 4, 2019
Sold by
Kroncke Mark G and Estate Of George Thomas Kronck
Bought by
Tung Qiyam and Amin Uddin Zain
Seller's Agent
Michael Silver
RE/MAX Alliance Group
Buyer's Agent
Johannes Rath
Coldwell Banker Realty
List Price
$600,000
Sold Price
$575,000
Premium/Discount to List
-$25,000
-4.17%
Current Estimated Value
$1,018,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,775
Avg. Annual Appreciation
7.47%
Original Mortgage
$260,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2008
Sold by
Kroncke George Thomas and Kroncke Carolyn L
Bought by
Kroncke George Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,300
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2003
Sold by
Kroncke George Thomas and Kroncke Carolyn L
Bought by
Kroncke George Thomas and Kroncke Carolyn L

Purchase Details

Closed on
Apr 30, 2001
Sold by
Kroncke George Thomas and Kroncke Carolyn L
Bought by
Kroncke George Thomas and Kroncke Carolyn L
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
Tung Qiyam $575,000 Clear Title Agency Of Arizon
Kroncke George Thomas -- Landamerica Title Agency
Kroncke George Thomas -- --
Kroncke George Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tung Qiyam $262,200
Closed Tung Qiyam $260,000
Previous Owner Kroncke George Thomas $313,000
Previous Owner Kroncke George T $324,000
Previous Owner Kroncke George Thomas $322,300
Previous Owner Kroncke George Thomas $150,000
Previous Owner Thomas Kroncke G $203,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2019 01/17/19 Sold $575,000 -4.2% $166 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $600,000 -- $173 / 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 $4,923 $62,940 -- --
2024 $4,947 $59,942 -- --
2023 $4,947 $67,850 $13,570 $54,280
2022 $4,795 $54,720 $10,940 $43,780
2021 $4,979 $54,330 $10,860 $43,470
2020 $4,897 $53,100 $10,620 $42,480
2019 $4,506 $47,650 $9,530 $38,120
2018 $4,368 $44,880 $8,970 $35,910
2017 $4,205 $42,600 $8,520 $34,080
2016 $4,615 $43,250 $8,650 $34,600
2015 $4,156 $48,260 $9,650 $38,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5822966

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-024