$490,000
SOLD AUG 5, 2015
4 Beds
3 Baths
2,740 Sq Ft
8,721 Sq Ft Lot

Recently Sold

$179 Per Sq Ft

932% Above List Price

2 Days on Market

Highlights

  • Private Pool
  • Waterfront
  • Santa Barbara Architecture
  • Islands Elementary School Rated A-
  • Community Lake
  • 1 Fireplace

About This Home

As of August 2015

This beautifully remodeled house on the lake is a buyers dream. Owners spared no expense in updating this entire home.

Everything is brand new from the exterior smooth stucco, cabinets, flooring, bathrooms,doors, lighting and paint.

The floor plan features a full bedroom and bathroom downstairs in the main living quarters along with 3 bedrooms and 2 bathrooms upstairs.

With this house being one of the few remodeled houses on water in Gilbert, it will sell fast so schedule your showing today.

***please note that glass shower door in master bathroom will be installed soon!

Last Agent to Sell the Property

Alyson Lewis

Zion Realty, LLC License #SA643322000 Listed on: 07/01/2015

Last Buyer's Agent

Stephen Horn

Real Broker License #SA518040000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,502

Year Built

  • Built in 1986

Lot Details

  • 8,721 Sq Ft Lot
  • Waterfront
  • Block Wall Fence

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,740 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Outdoor Features

  • Private Pool
  • Patio
  • Built-In Barbecue

Schools

  • Islands Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • First Service Red Association, Phone Number (480) 551-4300
  • Shores At The Islands Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 302-30-070

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,502

Year Built

Built in 1986

Lot Details

0

HOA Fees

$40 per month

Parking

3

Listing Details

  • Cross Street: Elliot and McQueen
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 39.83
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Tax Year: 2014
  • Directions: From McQueen head east on Elliot, south on Islands Dr, follow road around curve, east on Silver Keys Ct. Home will be on the right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: SHORES AT THE ISLANDS
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 239.0
  • Special Features: None

Interior Features

  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Full Bth Master Bdrm
  • Living Area: 2740.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Built-in Barbecue
  • Lot Features: Waterfront Lot, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: Private
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision
  • Amenities: Management
  • Association Fee: 239.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: First Service Red
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: First Service Red
  • 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: 8721.0
  • Parcel #: 302-30-070
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3502.0
  • Tax Book Number: 302.00
  • Tax Lot: 60
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2015
Closed on
Jul 31, 2015
Sold by
Mr Capital Llc
Bought by
Mccormick Andrew and Mccormick Hope
Seller's Agent
Alyson Lewis
Zion Realty, LLC
Buyer's Agent
Stephen Horn
Real Broker
List Price
$47,500
Sold Price
$490,000
Premium/Discount to List
$442,500
931.58%
Total Days on Market
2
Current Estimated Value
$856,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,958
Avg. Annual Appreciation
5.86%
Original Mortgage
$48,900
Interest Rate
4.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 23, 2014
Closed on
Apr 30, 2015
Sold by
Tilaro Thelma
Bought by
Mr Capital Llc
Seller's Agent
Ralph Robinson
DPR Realty LLC
Buyer's Agent
Sharon Kaiser
NextHome Alliance
List Price
$435,000
Sold Price
$368,000
Premium/Discount to List
-$67,000
-15.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
188.77%

Purchase Details

Closed on
Nov 29, 2012
Sold by
Hawkes Robert K
Bought by
Hawkes Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,700
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2009
Sold by
Hawkes Robert K
Bought by
Hawkes Robert K and The Robert K Hawkes Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2004
Sold by
Hawkes Robert K
Bought by
Hawkes Robert K and The Robert K Hawkes Revocable Trust

Purchase Details

Closed on
Nov 12, 2002
Sold by
Hawkes Robert K
Bought by
Hawkes Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.95%

Purchase Details

Closed on
Dec 3, 1999
Sold by
Hawkes Robert K
Bought by
Hawkes Robert K and The Robert K Hawkes Revocable Trust
Source: Public Records

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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 $490,000 Old Republic Title Agency
Cash Sale Deed $368,000 Great Amer Title Agency Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Precision Title Agency Inc
Interfamily Deed Transfer -- Precision Title Agency Inc
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $546,750 New Conventional
Closed $467,000 New Conventional
Closed $468,000 New Conventional
Closed $421,967 New Conventional
Closed $419,000 New Conventional
Closed $48,900 Credit Line Revolving
Closed $392,000 New Conventional
Previous Owner $143,700 New Conventional
Previous Owner $143,000 New Conventional
Previous Owner $154,000 Unknown
Previous Owner $153,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2015 08/05/15 Sold $490,000 +931.6% $179 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $47,500 -87.1% $17 / Sq Ft
04/30/2015 04/30/15 Sold $368,000 -3.2% $134 / Sq Ft
04/03/2015 04/03/15 Price Changed $380,000 0.0% $139 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
03/13/2015 03/13/15 Pending -- -- --
02/21/2015 02/21/15 Price Changed $380,000 -5.0% $139 / Sq Ft
12/27/2014 12/27/14 Price Changed $399,999 -5.9% $146 / Sq Ft
11/18/2014 11/18/14 Price Changed $425,000 -90.0% $155 / Sq Ft
11/17/2014 11/17/14 Price Changed $4,235,000 +873.6% $1,546 / Sq Ft
08/18/2014 08/18/14 For Sale $435,000 -- $159 / 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 $3,225 $54,695 -- --
2024 $4,220 $52,091 -- --
2023 $4,220 $0 $0 $0
2022 $4,088 $49,510 $9,900 $39,610
2021 $4,248 $48,860 $9,770 $39,090
2020 $4,177 $47,360 $9,470 $37,890
2019 $3,837 $42,110 $8,420 $33,690
2018 $3,717 $39,420 $7,880 $31,540
2017 $3,575 $37,020 $7,400 $29,620
2016 $3,861 $37,470 $7,490 $29,980
2015 $4,085 $41,470 $8,290 $33,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5301892

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-070