1501 W Emerald Key Ct Gilbert, AZ 85233
The Islands Neighborhood
3
Beds
2.5
Baths
2,717
Sq Ft
8,999
Sq Ft Lot
Highlights
- Private Pool
- Waterfront
- Clubhouse
- Islands Elementary School Rated A-
- Community Lake
- Vaulted Ceiling
About This Home
As of April 2021One of the rarest opportunities in Arizona! Having a home on the water. Spacious 3 bed, 2.5 bath in highly sought after Gilbert in quiet, relaxing community of The Islands only minutes from shopping, freeways, parks, dining, and other amenities. Vaulted ceilings, open floorpan, marble tile floors, newer A/C units installed only two years ago, pool recently resurfaced and new pool pump installed, and many other upgrades.
Last Agent to Sell the Property
Perk Prop Real Estate License #SA531199000 Listed on: 02/27/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,236
Year Built
- Built in 1993
Lot Details
- 8,999 Sq Ft Lot
- Waterfront
- Cul-De-Sac
- Wrought Iron Fence
- Block Wall Fence
- Backyard Sprinklers
- Grass Covered Lot
HOA Fees
- $52 Monthly HOA Fees
Parking
- 3 Car Garage
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 2,717 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- 1 Fireplace
- Tinted Windows
Kitchen
- Eat-In Kitchen
- Built-In Microwave
- Granite Countertops
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
- Private Pool
- Covered patio or porch
Schools
- Islands Elementary School
- Mesquite Jr High Middle School
- Mesquite High School
Utilities
- Refrigerated Cooling System
- Heating Available
- Water Softener
- Cable TV Available
Listing and Financial Details
- Tax Lot 28
- Assessor Parcel Number 302-30-038
Community Details
Overview
- Association fees include ground maintenance
- The Islands Association, Phone Number (480) 545-7740
- Shores At The Islands Subdivision
- Community Lake
Amenities
- Clubhouse
- Recreation Room
Recreation
- Community Playground
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 5, 2021
Sold by
Bayati Shahad Al
Bought by
Al Bayati Family Trust and Bayati
Total Days on Market
3
Current Estimated Value
Purchase Details
Closed on
Oct 4, 2021
Sold by
Al Bayati Shahad
Bought by
Al Bayati Shahad and Mohammed Nawal
Purchase Details
Listed on
Feb 27, 2021
Closed on
Mar 31, 2021
Sold by
Khaimsky Ludmila and Ludmila Khaimsky Living Trust
Bought by
Bayati Shahad Al
Seller's Agent
Andrew McKee
Perk Prop Real Estate
Buyer's Agent
Nawal Mohammed
Venture REI, LLC
List Price
$679,000
Sold Price
$700,000
Premium/Discount to List
$21,000
3.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$500,000
Interest Rate
3.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 31, 2019
Sold by
Khaimsky Ludmila and Ludmila Khaimsky Living Trust
Bought by
Khaimsky Ludmila and The Ludmila Khaimsky Living Tr
Purchase Details
Listed on
Feb 18, 2015
Closed on
Mar 17, 2016
Sold by
Thomson Diane
Bought by
Khaimsky Ludmila and Ludmila Khaimsky Living Trust
Seller's Agent
Shari Weintraub
Realty Executives
Buyer's Agent
Kim Carroll
AZ-REP
List Price
$495,000
Sold Price
$445,000
Premium/Discount to List
-$50,000
-10.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$311,500
Interest Rate
3.65%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $700,000 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $445,000 | Pioneer Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $498,000 | New Conventional | |
| Previous Owner | $500,000 | New Conventional | |
| Previous Owner | $311,500 | New Conventional | |
| Previous Owner | $119,000 | New Conventional | |
| Previous Owner | $125,000 | Credit Line Revolving | |
| Previous Owner | $127,000 | Unknown | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $125,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $190,000 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2021 04/21/21 | Sold | $700,000 | +3.1% | $258 / Sq Ft |
| 03/01/2021 03/01/21 | Pending | -- | -- | -- |
| 02/26/2021 02/26/21 | For Sale | $679,000 | +52.6% | $250 / Sq Ft |
| 03/28/2016 03/28/16 | Sold | $445,000 | -4.3% | $164 / Sq Ft |
| 01/28/2016 01/28/16 | Pending | -- | -- | -- |
| 11/11/2015 11/11/15 | Price Changed | $465,000 | -2.9% | $171 / Sq Ft |
| 06/02/2015 06/02/15 | Price Changed | $479,000 | -3.2% | $176 / Sq Ft |
| 02/17/2015 02/17/15 | For Sale | $495,000 | -- | $182 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $4,259 | $55,375 | -- | -- |
| 2024 | $4,280 | $52,738 | -- | -- |
| 2023 | $4,280 | $61,880 | $12,370 | $49,510 |
| 2022 | $4,146 | $50,310 | $10,060 | $40,250 |
| 2021 | $4,309 | $49,930 | $9,980 | $39,950 |
| 2020 | $4,236 | $48,620 | $9,720 | $38,900 |
| 2019 | $3,892 | $43,350 | $8,670 | $34,680 |
| 2018 | $3,771 | $40,350 | $8,070 | $32,280 |
| 2017 | $3,627 | $37,480 | $7,490 | $29,990 |
| 2016 | $3,906 | $37,720 | $7,540 | $30,180 |
| 2015 | $3,526 | $41,520 | $8,300 | $33,220 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew McKee
A
Seller's Agent in 2021
Andrew McKee
Perk Prop Real Estate
(480) 459-1711
1 in this area
11 Total Sales
-
Nawal Mohammed
Buyer's Agent in 2021
Nawal Mohammed
Venture REI, LLC
(602) 488-9554
2 in this area
85 Total Sales
-
Shari Weintraub
Seller's Agent in 2016
Shari Weintraub
Realty Executives
(480) 948-9450
38 Total Sales
-
Kim Carroll
Buyer's Agent in 2016
Kim Carroll
AZ-REP
(602) 751-3119
11 Total Sales
-
K
Buyer's Agent in 2016
Kimberly Carroll
TC Realty, LLC
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6200181
APN: 302-30-038
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.
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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