NOT LISTED FOR SALE

Estimated Value: $582,000 - $636,000

3 Beds
3 Baths
2,289 Sq Ft
$261/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $429,900 $188 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,645/month

22 Days on Market

Highlights

  • Community Lake
  • Granite Countertops
  • 2 Car Direct Access Garage
  • Islands Elementary School Rated A-
  • Community Pool
  • Eat-In Kitchen

About This Home

As of November 2020

This gorgeous waterfront END UNIT 2 story townhome in the highly desired Islands Community has it all! 3 bedrooms PLUS office and loft! Beautiful travertine tile throughout 1st floor, elegant circular staircase. Light and bright with new carpet. Kitchen boasts upgraded 42'' refinished cabinets, granite countertops, island, breakfast bar, stainless steel appliances & gorgeous backsplash. Maintenance free home - HOA maintains front/back landscaping plus Community Pool. You'll love the open feeling of the kitchen and family room all overlooking the lake. Downstairs features small office/guest bedroom w french doors, Upstairs, spacious master bedroom retreat w balcony, 2nd large bedroom w balcony and access to hall bath, plus 3rd bedroom. Dont miss out on this BEAUTIFUL home!

Last Agent to Sell the Property

Ruley Jim

Opulent Real Estate Group License #BR518559000 Listed on: 09/15/2020

Last Buyer's Agent

Gary Colin

Real Broker License #SA031143000

Real Broker

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,527

Year Built

  • Built in 2001

Lot Details

  • 2,191 Sq Ft Lot
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,289 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 302-30-584

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • First Service Reside Association, Phone Number (602) 277-4418
  • The Islands Association, Phone Number (480) 545-7740
  • Association Phone (480) 545-7740
  • Built by Homes by Roman
  • Townhomes On Coral Reef Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,527

Year Built

Built in 2001

Lot Details

0

HOA Fees

$246 per month

Parking

2

Listing Details

  • Cross Street: Elliot & McQueen
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: The Islands
  • HOA #2 Phone Number: 480-545-7740
  • 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: 246.03
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2001
  • Tax Year: 2019
  • Directions: East on Elliot, South on S. Islands Dr, Left at Fountain onto S, Islands Dr. East, Right onto W. Coral Reef Dr. Continue to end- house is across the street from community pool
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: TOWNHOMES ON CORAL REEF
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 196.05
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2289.0
  • 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:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Gravel/Stone Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: 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, Community Pool, Playground, Biking/Walking Path
  • Association #2 Fee: 299.85
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 196.05
  • Association Fee Frequency: Monthly
  • Association: The Islands
  • Association Name: Twnhms on Coral Reef
  • Association Phone #2: 480-545-7740
  • Phone: 602-277-4418
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Twnhms on Coral Reef
  • Association Fees:HOA Telephone4: 602-277-4418
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Osselaer Managemnt
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fees:HOA Management Company 2: First Service Reside

Fee Information

  • Association Fee Includes: Maintenance Grounds, 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 Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2191.0
  • Parcel #: 302-30-584

Building Info

  • Builder Name: Homes by Roman

Tax Info

  • Tax Annual Amount: 2527.0
  • Tax Book Number: 302.00
  • Tax Lot: 28
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 28, 2020
Sold by
Walker Scott C and Walker Joni A
Bought by
Smith Jeffrey B and Smith Catherine E
Seller's Agent
Ruley Jim
Opulent Real Estate Group
Buyer's Agent
Gary Colin
Real Broker
List Price
$429,900
Sold Price
$429,900
Current Estimated Value
$598,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,532
Avg. Annual Appreciation
7.66%
Original Mortgage
$343,920
Outstanding Balance
$310,017
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$304,825

Purchase Details

Listed on
Feb 7, 2019
Closed on
Feb 27, 2019
Sold by
Schuster Richard A and Schuster Renee M
Bought by
Walker Scott C and Walker Joni A
Seller's Agent
Lorraine Moller
Keller Williams Realty East Valley
Buyer's Agent
Gail Smith
Keller Williams Arizona Realty
List Price
$390,000
Sold Price
$385,000
Premium/Discount to List
-$5,000
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$346,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2017
Closed on
Jan 10, 2018
Sold by
Powers Roberta Jayne and Powers Caroline Layton
Bought by
Schuster Richard A and Schuster Renee M
Seller's Agent
Susan Miller
Keller Williams Realty East Valley
Buyer's Agent
Lorraine Moller
Keller Williams Realty East Valley
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.06%
Original Mortgage
$252,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2004
Sold by
Welborn Jayne L
Bought by
Welborn Jayne L

Purchase Details

Closed on
Oct 21, 2003
Sold by
Marhenke Robert
Bought by
Welborn Jayne L

Purchase Details

Closed on
Oct 20, 2003
Sold by
Eulate Marhenke Cindy
Bought by
Marhenke Robert

Purchase Details

Closed on
Mar 5, 2002
Sold by
Lee Ronald H K
Bought by
Angel Investments Properties

Purchase Details

Closed on
Mar 4, 2002
Sold by
Angel Investment Properties
Bought by
Marhenke Robert

Purchase Details

Closed on
Jul 25, 2001
Sold by
Lee Ronald H K
Bought by
Arrington Barry K

Purchase Details

Closed on
Apr 2, 2001
Sold by
Lee Ronald H K
Bought by
Lee Ronald H K and Lee Sunee Kim Watts

Purchase Details

Closed on
Jan 10, 2001
Sold by
Lee Sunee Kim Watts and Lee Sunne K Watts
Bought by
Lee Ronald H K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.13%
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
Smith Jeffrey B $429,900 Infinity Title Agency
Walker Scott C $385,000 Great American Title Agency
Schuster Richard A $315,000 Security Title Agency Inc
Welborn Jayne L -- Capital Title Agency Inc
Welborn Jayne L $227,500 Capital Title Agency Inc
Marhenke Robert -- Capital Title Agency Inc
Angel Investments Properties $219,922 Security Title Agency
Marhenke Robert -- --
Arrington Barry K -- --
Lee Ronald H K -- Chicago Title Insurance Co
Lee Ronald H K -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jeffrey B $343,920
Previous Owner Walker Scott C $346,500
Previous Owner Schuster Richard A $252,000
Previous Owner Schuster Richard A $252,000
Previous Owner Lee Ronald H K $205,000
Closed Lee Ronald H K $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $429,900 0.0% $188 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
10/03/2020 10/03/20 For Sale $429,900 0.0% $188 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $429,900 0.0% $188 / Sq Ft
06/22/2019 06/22/19 Rented $2,200 0.0% --
06/17/2019 06/17/19 Under Contract -- -- --
05/23/2019 05/23/19 Price Changed $2,200 -12.0% $1 / Sq Ft
04/16/2019 04/16/19 For Rent $2,500 0.0% --
03/14/2019 03/14/19 Sold $385,000 -1.3% $168 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $390,000 +23.8% $170 / Sq Ft
01/19/2018 01/19/18 Sold $315,000 -3.1% $138 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
12/12/2017 12/12/17 Price Changed $325,000 -1.2% $142 / Sq Ft
11/22/2017 11/22/17 For Sale $329,000 -- $144 / 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 $2,527 $31,231 -- --
2024 $2,745 $29,744 -- --
2023 $2,745 $43,870 $8,770 $35,100
2022 $2,670 $35,650 $7,130 $28,520
2021 $2,761 $33,460 $6,690 $26,770
2020 $2,721 $32,280 $6,450 $25,830
2019 $2,527 $29,800 $5,960 $23,840
2018 $2,458 $28,130 $5,620 $22,510
2017 $1,974 $27,280 $5,450 $21,830
2016 $2,042 $26,180 $5,230 $20,950
2015 $1,861 $26,100 $5,220 $20,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6132667

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-584