NOT LISTED FOR SALE

550 S Marina Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $519,000 - $589,026

3 Beds
2 Baths
1,602 Sq Ft
$352/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2022

Last sale price $605,000 $378 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,520 / mo

13 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Community Lake
  • Islands Elementary School Rated A-
  • Waterfront
  • Clubhouse

About This Home

As of November 2022

Turn Key Home! Furniture Available! Waterfront retreat in the Falls at Coral Point. It's Premium location has one of the best Waterfront Views in the complex overlooking multiple waterfalls. This 1 level home features 3 bedrooms, 2 baths. So many upgrades throughout, see detailed list provided by sellers! The backyard retreat is a wonderful place to enjoy spectacular sunsets, entertain, relax, Electrical Boats, kayaks, paddle boards (at lake across the street), fish (catch/release). Community Pool, Hot Tub & Gazebo w/ BBQ, sink entertainment area, restrooms, & lake, 100 steps directly across the street. HOA includes front & back landscaping for property every week – low maintenance. Gilbert & Chandler within 4 miles, how new areas featuring 50 rest. within 8 mile radius

Last Agent to Sell the Property

Carmen Johnson

eXp Realty License #SA696090000 Listed on: 09/29/2022

eXp Realty

Last Buyer's Agent

Tammy McConahay

Keller Williams Arizona Realty License #SA695946000

Keller Williams Arizona Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,930

Year Built

  • Built in 1994

Lot Details

  • 4,256 Sq Ft Lot
  • Waterfront
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,602 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Tile Flooring
  • City Lights Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Home Security

  • Security System Owned
  • Smart Home

Schools

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

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 302-30-754

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint, maintenance exterior
  • First Service Association, Phone Number (480) 635-1133
  • The Islands Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Coral Point Replat Lot 76 101 Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,930

Year Built

Built in 1994

Lot Details

4,256 Sq Ft Lot

HOA Fees

$282 per month

Parking

2

Listing Details

  • Cross Street: Warner & McQueen
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: The 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: 282.28
  • Basement: N
  • Cooling HVAC SEER Rating: 16
  • Updated Partial or Full Bathrooms: Full
  • Updated Kitchen: Partial
  • Updated Plumbing: Partial
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2018
  • 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: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.1
  • Subdivision Name: CORAL POINT REPLAT LOT 76-101
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 377.65
  • Association Fees:HOA Fee2: 227.18
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Technology:Smart Home System: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: See Remarks, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Smart Home, Granite Counters
  • Living Area: 1602.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: None
  • Pool Private: No
  • View: City Lights
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: No Common Walls
  • 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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Gated, Community Spa Htd, Community Pool, Playground, Biking/Walking Path, Clubhouse
  • Amenities: Rental OK (See Rmks)
  • Association #2 Fee: 330.58
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 227.18
  • Association Fee Frequency: Monthly
  • Association: The Islands
  • Association Name: Coral Point The Fall
  • Association Phone #2: 480-551-4300
  • Phone: 480-635-1133
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Coral Point The Fall
  • Association Fees:Special Assessment HOA: Yes
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Snow Prop. Services
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2: 2045.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Disclosure Fees HOA 2: 245.0
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fees:HOA Management Company 2: First Service
  • Association Fees:Special Assessment Amount Owed: 381.0
  • Association Fees:Special Assessment Frequency: Semi-Annually
  • Association Fees:Payment Start Date: 2022-01-01
  • Association Fees:Payment End Date: 2022-07-01

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Front Yard Maint, Maintenance Exterior

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: 4256.0
  • Parcel #: 302-30-754
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1930.0
  • Tax Book Number: 302.00
  • Tax Lot: 29
  • Tax Map Number: 30.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2023
Sold by
Bought by
Current Estimated Value
$564,007

Purchase Details

Listed on
Sep 29, 2022
Closed on
Nov 16, 2022
Sold by
Bought by
Seller's Agent
Carmen Johnson
eXp Realty
Buyer's Agent
Tammy McConahay
Keller Williams Arizona Realty
List Price
$625,000
Sold Price
$605,000
Premium/Discount to List
-$20,000
-3.2%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.87%

Purchase Details

Listed on
Feb 28, 2018
Closed on
Mar 13, 2018
Sold by
Bought by
Seller's Agent
Gary Colin
Real Broker
Buyer's Agent
Gary Colin
Real Broker
List Price
$328,900
Sold Price
$317,000
Premium/Discount to List
-$11,900
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.95%
Original Mortgage
$253,600
Interest Rate
0.0438%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$605,000 Roc Title
$317,000 Magnus Title Agency Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $248,500
Previous Owner $253,600
Previous Owner $77,750
Previous Owner $89,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2022 11/16/22 Sold $605,000 -3.2% $378 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $625,000 +97.2% $390 / Sq Ft
03/29/2018 03/29/18 Sold $317,000 -3.6% $198 / Sq Ft View Prior Sale
02/28/2018 02/28/18 For Sale $328,900 -- $205 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,697 $22,576
2024 $1,646 $21,292
2023 $1,646 $36,870 $7,370 $29,500
2022 $1,930 $30,460 $6,090 $24,370
2021 $1,996 $28,510 $5,700 $22,810
2020 $1,967 $25,500 $5,100 $20,400
2019 $1,827 $24,400 $4,880 $19,520
2018 $1,777 $22,850 $4,570 $18,280
2017 $1,427 $21,630 $4,320 $17,310
2016 $1,476 $19,600 $3,920 $15,680
2015 $1,345 $19,060 $3,810 $15,250
Source: Public Records

Agents Affiliated with this Home

  • Carmen Johnson

    Seller's Agent in 2022

    Carmen Johnson

    eXp Realty

    (425) 760-7764

    1 in this area

    25 Total Sales

    Carmen Johnson
    Section Image

  • T

    Buyer's Agent in 2022

    Tammy McConahay

    Keller Williams Arizona Realty

    (480) 767-3000

    1 in this area

    9 Total Sales

    Tammy McConahay
    Section Image
  • Gary Colin

    Seller's Agent in 2018

    Gary Colin

    Real Broker

    (602) 501-4580

    33 in this area

    97 Total Sales

    Gary Colin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6470697

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-754

Arizona Maricopa County Gilbert 85233 The Islands

550 S Marina Dr, Gilbert, AZ

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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