$515,000
SOLD MAR 30, 2017

362 S Bay Shore Blvd Gilbert, AZ 85233

The Islands Neighborhood
4 Beds
2.5 Baths
3,211 Sq Ft
6,434 Sq Ft Lot

Recently Sold

$160 Per Sq Ft

3% Below List Price

15 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Granite Countertops
  • Islands Elementary School Rated A-
  • Wood Flooring
  • Covered patio or porch

About This Home

As of March 2022

Please text or call for Full Video Virtual Tour. This gorgeous home has been professionally remodeled and it shows! Flagstone & wood throughout all areas! Beautiful Kitchen has upgraded Alder Cabinets, Granite Counters, & Stainless Steel Appliances! Open layout to family room features a wrap around wall system & Corner Granite Eichler Gas Fireplace, Surround Sound, & wall to wall windows w/ amazing views of the lake! Master Suite, has highly upgraded bathroom w/ Carerra Marble Counters, porcelain tile shower & much more! Backyard features flagstone throughout all patio areas, gazebo w/outdoor cook center, Lynx BBQ, gas firepit, waterfall, newly renovated oversized dock & breathtaking views of the water  is a private small park on the lake.

Last Agent to Sell the Property

Gary Colin

Real Broker License #SA031143000 Listed on: 02/16/2017

Real Broker

Last Buyer's Agent

Alan Gordon

Venture REI, LLC License #SA585572000

Venture REI, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,301

Year Built

  • Built in 1995

Lot Details

  • 6,434 Sq Ft Lot
  • Waterfront
  • Private Streets
  • Block Wall Fence
  • Artificial Turf

HOA Fees

Parking

  • 2.5 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,211 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • Intercom
  • Washer

Kitchen

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

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Gazebo
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 310-04-433

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Desert Shores Association, Phone Number (480) 497-6061
  • Islands Community Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Desert Shores At The Islands Subdivision, Full Remodel Floorplan
  • Community Lake

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,301

Year Built

Built in 1995

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Cross Street: Elliot & McQueen
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2 Name: Islands Community
  • HOA #2 Phone Number: 480-551-4300
  • HOA #2 Transfer Fee: 400.0
  • 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: 66.59
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2015
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.5
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2016
  • Directions: East on Elliot Rd, Right on the Islands Dr, left on Islands Dr, E on Mesquite Dr, Right on Bay Shore Blvd. House will be on the left.
  • Master Model: Full Remodel
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: DESERT SHORES AT THE ISLANDS
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 138.0
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Central Vacuum, Intercom, Soft Water Loop, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3211.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Gazebo/Ramada, Patio, Private Street(s), Built-in Barbecue
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.5
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only, Washer Included
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Playground, Biking/Walking Path
  • Association #2 Fee: 261.51
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 138.0
  • Association Fee Frequency: Semi-Annually
  • Association: Islands Community
  • Association Name: Desert Shores
  • Association Phone #2: 480-551-4300
  • Phone: 480-497-6061
  • 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: Desert Shores
  • Association Fees:HOA Telephone4: 480-497-6061
  • 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_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Islands Elementary School
  • High School: Mesquite High School
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6434.0
  • Parcel #: 310-04-433
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 3301.0
  • Tax Book Number: 310.00
  • Tax Lot: 18
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2022
Closed on
Mar 18, 2022
Sold by
Santosha Mathuram and Santosha Patricia
Bought by
Koshgarian Robert L
Seller's Agent
Cathy Carter
RE/MAX Solutions
Buyer's Agent
Diego Villicana
HomeSmart
List Price
$789,000
Sold Price
$785,000
Premium/Discount to List
-$4,000
-0.51%
Total Days on Market
15
Current Estimated Value
$832,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,476
Avg. Annual Appreciation
1.90%
Original Mortgage
$588,750
Outstanding Balance
$557,200
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$276,273

Purchase Details

Listed on
Sep 9, 2018
Closed on
Oct 8, 2018
Sold by
Santosham Mathuram and Santosham Patricia
Bought by
Santosham Mathuram and Santosham Patricia
Seller's Agent
Gary Colin
Real Broker
Buyer's Agent
Karen Walling
Realty ONE Group
Sold Price
$2,500

Purchase Details

Listed on
Feb 16, 2017
Closed on
Mar 9, 2017
Sold by
Richards Robert J and Richards Ellen
Bought by
Santosham Mathuram and Santosham Patricia
Seller's Agent
Gary Colin
Real Broker
Buyer's Agent
Alan Gordon
Venture REI, LLC
List Price
$529,000
Sold Price
$515,000
Premium/Discount to List
-$14,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$257,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 1995
Sold by
Cullum Development Inc
Bought by
Richards Robert J and Richards Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,800
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 1995
Sold by
Desert Shores Development Ii Inc
Bought by
Cullum Development Inc and Cullum Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,335
Interest Rate
8.81%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $785,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $515,000 Fidelity National Title
Corporate Deed $223,166 Lawyers Title Of Arizona Inc
Quit Claim Deed -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $588,750 New Conventional
Previous Owner $490,000 Credit Line Revolving
Previous Owner $257,500 New Conventional
Previous Owner $155,000 New Conventional
Previous Owner $150,000 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $200,800 New Conventional
Previous Owner $176,335 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $785,000 -0.5% $248 / Sq Ft
02/10/2022 02/10/22 For Sale $789,000 0.0% $249 / Sq Ft
10/01/2018 10/01/18 Rented $30,000 +757.1% --
09/29/2018 09/29/18 Under Contract -- -- --
09/07/2018 09/07/18 For Rent $3,500 0.0% --
03/30/2017 03/30/17 Sold $515,000 -2.6% $160 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $529,000 -- $165 / 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 $2,851 $38,911 -- --
2024 $3,108 $37,058 -- --
2023 $3,108 $63,520 $12,700 $50,820
2022 $3,004 $49,430 $9,880 $39,550
2021 $3,730 $47,700 $9,540 $38,160
2020 $3,675 $45,480 $9,090 $36,390
2019 $3,413 $42,800 $8,560 $34,240
2018 $3,323 $40,200 $8,040 $32,160
2017 $3,801 $36,810 $7,360 $29,450
2016 $3,285 $37,520 $7,500 $30,020
2015 $2,983 $36,720 $7,340 $29,380
Source: Public Records

Agents Affiliated with this Home

  • Cathy Carter

    Seller's Agent in 2022

    Cathy Carter

    RE/MAX

    (480) 459-8488

    3 in this area

    70 Total Sales

    Cathy Carter
    Section Image
  • Diego Villicana

    Buyer's Agent in 2022

    Diego Villicana

    HomeSmart

    (623) 223-1663

    2 in this area

    30 Total Sales

    Diego Villicana
    Section Image
  • Gary Colin

    Seller's Agent in 2018

    Gary Colin

    Real Broker

    (602) 501-4580

    33 in this area

    106 Total Sales

    Gary Colin
    Section Image
  • Karen Walling

    Buyer's Agent in 2018

    Karen Walling

    Realty One Group

    (480) 382-1149

    22 Total Sales

    Karen Walling
    Section Image
  • Alan Gordon

    Buyer's Agent in 2017

    Alan Gordon

    Venture REI, LLC

    (602) 692-3520

    1 in this area

    23 Total Sales

    Alan Gordon
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5562444

Arizona Regional Multiple Listing Service (ARMLS)

APN: 310-04-433

Arizona Maricopa County Gilbert 85233 The Islands

362 S Bay Shore Blvd, Gilbert, AZ

This home is located at 362 S Bay Shore Blvd, Gilbert, AZ 85233 and is currently priced at $515,000, approximately $160 per square foot. This property was built in 1995. 362 S Bay Shore Blvd is a home located in Maricopa County with nearby schools including Islands Elementary School, Mesquite High School, and Mesquite Junior High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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