NOT LISTED FOR SALE

1501 W Key Largo Ct Unit 24 Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $783,000 - $959,000

4 Beds
2.5 Baths
2,753 Sq Ft
$325/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $1,065,000 $387 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $5,056/month

2 Days on Market

Highlights

  • Transportation Service
  • Heated Pool
  • Community Lake
  • Islands Elementary School Rated A-
  • Waterfront
  • Vaulted Ceiling

About This Home

As of March 2024

Welcome to your dream waterfront oasis! This luxurious island retreat offers the perfect blend of elegance and comfort, making it a must-see for discerning buyers. You'll be immediately captivated by the stunning features it has to offer. Natural light floods the living spaces through dual-pane windows, and the extended three-door sliders seamlessly connect the indoors to the lush backyard, creating a seamless flow for indoor-outdoor living. The pebble tech heated pool invites you to relax and unwind, offering year-round enjoyment in the Arizona sun. The extended patio provides ample space for outdoor entertaining and taking in the breathtaking views of the water from the primary bedroom, dining, kitchen, breakfast nook, and family room. Every detail has been thoughtfully considered, with remote control shades, gas fire pit, artificial turf, and of course boat dock. The heart of the home, the kitchen, underwent a meticulous remodel in 2021, boasting quartz counters and top-of-the-line GE Cafe Series appliances, soft close cabinets, recirculating water tank. Cooking and entertaining have never been this delightful The split floor plan ensures privacy, with a separate guest wing that provides comfort and convenience for your visitors.The primary bedroom is a sanctuary of its own. Additionally, you'll find a generous bonus/flex room off the garage, offering endless possibilities for customization. Don't miss the opportunity to make this luxury island waterfront home your very own. With its exceptional features, impeccable design, and serene surroundings, it's more than just a home - it's a lifestyle. Come experience the epitome of waterfront living today!

Last Agent to Sell the Property

Beth Rebenstorf

Realty ONE Group License #SA560450000 Listed on: 01/18/2024

Co-Listed By

Allen Rebenstorf

Realty ONE Group License #SA628282000

Last Buyer's Agent

Sarah Gates

Keller Williams Realty Sonoran Living License #SA624690000

Keller Williams Realty Sonoran Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,371

Year Built

  • Built in 1992

Lot Details

  • 9,056 Sq Ft Lot
  • Waterfront
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,753 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Solar Screens
  • Family Room with Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Kitchen Updated in 2021
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2021
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom Updated in 2021
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Heated Pool
  • Pool Pump

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Outdoor Storage

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 302-30-053

Community Details

Overview

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

Amenities

  • Transportation Service
  • Recreation Room

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,371

Year Built

Built in 1992

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Cross Street: Elliott & 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: 57.85
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2021
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2021
  • Items Updated Ht Cool Yr Updated: 2012
  • Items Updated Kitchen Yr Updated: 2021
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2015
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2016
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1992
  • Tax Year: 2023
  • Directions: South on McQueen to Palo Verde St. (Islands Elem. School) East to S. Islands Dr., South to Key Largo Court
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: reog04
  • Co List Office Phone: 480-777-4500
  • Subdivision Name: SHORES AT THE ISLANDS
  • Architectural Style: Ranch
  • Efficiency: Load Controller, Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 347.11
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, 3/4 Bath Master Bdrm
  • Living Area: 2753.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane, Tinted Windows
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:RangeOven Gas: 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
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Transportation Svcs: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Variable Speed Pump, Heated, Private
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Transportation Svcs, Near Bus Stop, Playground, Biking/Walking Path
  • Association Fee: 347.11
  • Association Fee Frequency: Semi-Annually
  • Association Name: First Service
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: First Service
  • Association Fees:HOA Telephone4: 480-551-4300
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2045.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 347.11
  • Association Fees:Disclosure Fees HOA: 245.0
  • 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: 9056.0
  • Parcel #: 302-30-053

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Unkown

Tax Info

  • Tax Annual Amount: 4371.0
  • Tax Book Number: 302.00
  • Tax Lot: 43
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
May 22, 2024
Sold by
England David George and England Janet Anne
Bought by
England Trust and England
Seller's Agent
Beth Rebenstorf
Realty ONE Group
Buyer's Agent
Sarah Gates
Keller Williams Realty Sonoran Living
List Price
$1,050,000
Sold Price
$1,065,000
Premium/Discount to List
$15,000
1.43%
Views
22
Current Estimated Value
$894,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$170,838
Avg. Annual Appreciation
-5.56%
Original Mortgage
$852,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2024
Closed on
Mar 25, 2024
Sold by
Walter & Judith Hinckfoot Living Trust
Bought by
England David George and England Janet Anne
Seller's Agent
Beth Rebenstorf
Realty ONE Group
Buyer's Agent
Sarah Gates
Keller Williams Realty Sonoran Living
List Price
$1,050,000
Sold Price
$1,065,000
Premium/Discount to List
$15,000
1.43%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$852,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2020
Sold by
Hinckfoot Walter and Hinckfoot Judith
Bought by
Hinckfoot Walter George and Hinckfoot Judith Reeves

Purchase Details

Listed on
Jul 30, 2017
Closed on
Aug 31, 2017
Sold by
Bolton Robert L and Bolton Sharon K
Bought by
Hinckfoot Walter and Hinckfoot Judith
Seller's Agent
Sandra Womack
West USA Realty
Buyer's Agent
Beth Rebenstorf
Realty ONE Group
List Price
$529,000
Sold Price
$529,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%

Purchase Details

Listed on
Dec 18, 2014
Closed on
Feb 10, 2015
Sold by
Winn Kay Arlene and Estate Of Larry Lee Winn
Bought by
Bolton Robert L and Bolton Sharon K
Seller's Agent
Gary Colin
Real Broker
Buyer's Agent
Robert Womack
West USA Realty
List Price
$468,500
Sold Price
$452,000
Premium/Discount to List
-$16,500
-3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$400,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2010
Sold by
Strisik Jay R and Strisik Georga D
Bought by
Winn Larry L and Winn Kay A

Purchase Details

Closed on
Jan 6, 1999
Sold by
Stroud Robert R and Stroud Carol A
Bought by
Strisik Jay R and Strisik Georgia D
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
England Trust -- --
England David George $1,065,000 Navi Title Agency
Hinckfoot Walter George -- None Available
Hinckfoot Walter $529,000 Pioneer Title Agency Inc
Bolton Robert L $452,000 Magnus Title Agency
Winn Larry L $400,000 Equity Title Agency Inc
Strisik Jay R $260,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner England David George $852,000
Previous Owner Bolton Robert L $400,000
Previous Owner Hemingway Thomas J $199,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $1,065,000 +1.4% $387 / Sq Ft
01/18/2024 01/18/24 For Sale $1,050,000 +98.5% $381 / Sq Ft
09/13/2017 09/13/17 Sold $529,000 0.0% $192 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/29/2017 07/29/17 For Sale $529,000 +17.0% $192 / Sq Ft
02/17/2015 02/17/15 Sold $452,000 -3.5% $164 / Sq Ft
02/02/2015 02/02/15 Price Changed $468,500 0.0% $170 / Sq Ft
12/20/2014 12/20/14 Pending -- -- --
12/18/2014 12/18/14 For Sale $468,500 -- $170 / 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 $3,313 $56,409 -- --
2024 $4,371 $53,723 -- --
2023 $4,371 $62,170 $12,430 $49,740
2022 $4,235 $50,830 $10,160 $40,670
2021 $4,400 $50,510 $10,100 $40,410
2020 $4,927 $49,210 $9,840 $39,370
2019 $4,576 $43,820 $8,760 $35,060
2018 $4,452 $40,870 $8,170 $32,700
2017 $3,706 $38,180 $7,630 $30,550
2016 $3,986 $38,470 $7,690 $30,780
2015 $3,600 $42,480 $8,490 $33,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6648558

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-053