NOT LISTED FOR SALE

Estimated Value: $629,961 - $682,000

3 Beds
3 Baths
2,156 Sq Ft
$304/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $545,000 $253 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,054/month

42 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Fireplace in Primary Bedroom
  • Islands Elementary School Rated A-
  • Community Lake
  • Vaulted Ceiling

About This Home

As of September 2021

Imagine your morning coffee accompanied by a peaceful lake view! This 3 Br. waterfront home inside a GATED COMMUNITY was modified at construction for extra space, and seamlessly blends indoor and outdoor living. An open greatroom has vaulted ceiling, dramatic staircase, and overlooks the patio with a backdrop of cool, crisp water. In addition to a view balcony, the master suite sports a glass-enclosed fireplace, large bath and walk-in closet. The kitchen is a cook's delight, smart and nicely appointed with black tile surfaces and stainless appliances, and is open to the family room with fireplace. Plank tile flooring, plantation shutters, oversized second bedroom, and two newer A/Cs in 2018. HOA fee is reasonable and includes front and back yard maintenance, community pool, parks.

Last Agent to Sell the Property

Bill Salvatore

Arizona Elite Properties License #SA545073000 Listed on: 07/16/2021

Arizona Elite Properties

Last Buyer's Agent

David Rose

Realty ONE Group License #SA638020000

Realty ONE Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,193

Year Built

  • Built in 1994

Lot Details

  • 4,003 Sq Ft Lot
  • Waterfront
  • Block Wall Fence
  • Front Yard Sprinklers
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,156 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 302-30-793

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • First Service Association, Phone Number (480) 635-1133
  • Islands Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • The Islands Of Gilbert Az Subdivision, Niagara Floorplan
  • Community Lake

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,193

Year Built

Built in 1994

Lot Details

0

HOA Fees

$270 per month

Parking

2

Listing Details

  • Cross Street: Warner and McQueen
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2 Name: Islands
  • HOA #2 Phone Number: 480-551-4300
  • HOA #2 Transfer Fee: 155.0
  • 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: 269.5
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2018
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2020
  • Directions: East to Islands Dr. W. North to the Falls. (gate code: 1233, L on Paradise, R on Meadow Green, L to house on right
  • Master Model: Niagara
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: The Islands of Gilbert AZ
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 217.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Two Way Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Breakfast Bar, Soft Water Loop, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2156.0
  • Stories: 2
  • Window Features: Skylight(s), Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Waterfront Lot, Sprinklers In Front, Grass Front
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • 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, Gated, Community Spa, Community Pool, Playground, Biking/Walking Path
  • Association #2 Fee: 315.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 217.0
  • Association Fee Frequency: Monthly
  • Association: Islands
  • Association Name: The Falls Community
  • Association Phone #2: 480-551-4300
  • Phone: 602-277-4418
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: The Falls Community
  • Association Fees:HOA Telephone4: 602-277-4418
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 384.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Show PM
  • Association Fees:HOA Management Phone: 480-635-1133
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Cap ImprovementImpact Fee 2: 519.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fees:HOA Management Company 2: First Service
  • Association Fees:HOA Management Phone 2: 480-551-4300

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: 4003.0
  • Parcel #: 302-30-793

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 2193.0
  • Tax Book Number: 302.00
  • Tax Lot: 68
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 13, 2021
Sold by
Erikson Peter W and Erikson Anita E
Bought by
Brunhaver John S and Brunhaver Mary J
Seller's Agent
Bill Salvatore
Arizona Elite Properties
Buyer's Agent
David Rose
Realty ONE Group
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%
Current Estimated Value
$656,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,240
Avg. Annual Appreciation
4.83%
Original Mortgage
$486,000
Outstanding Balance
$447,016
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$208,146

Purchase Details

Closed on
Apr 6, 2015
Sold by
Erikson Peter W
Bought by
Erikson Peter W and Arden Anita E

Purchase Details

Closed on
Jun 10, 2003
Sold by
Erikson Josephine G
Bought by
Erikson Peter W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,492
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 1994
Sold by
Antigua Construction Inc
Bought by
Erikson Peter W and Erikson Josephine G

Purchase Details

Closed on
Mar 3, 1994
Sold by
L & R Development Inc
Bought by
Antigua Construction Inc
Source: Public Records

Range of Values:

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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
Brunhaver John S $540,000 Pioneer Title Agency Inc
Erikson Peter W -- None Available
Erikson Peter W -- Chicago Title Insurance Co
Erikson Peter W $162,928 United Title Agency
Antigua Construction Inc $44,350 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brunhaver John S $486,000
Previous Owner Erickson Peter W $159,500
Previous Owner Erikson Peter W $179,492
Closed Erikson Peter W $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $545,000 -0.9% $253 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $550,000 -- $255 / 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 $2,494 $29,820 -- --
2024 $2,621 $28,400 -- --
2023 $2,621 $45,980 $9,190 $36,790
2022 $2,549 $37,660 $7,530 $30,130
2021 $2,637 $34,510 $6,900 $27,610
2020 $2,193 $30,950 $6,190 $24,760
2019 $2,015 $28,560 $5,710 $22,850
2018 $1,953 $26,960 $5,390 $21,570
2017 $1,884 $26,100 $5,220 $20,880
2016 $1,950 $24,860 $4,970 $19,890
2015 $1,777 $24,770 $4,950 $19,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6257231

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-793