NOT LISTED FOR SALE

Estimated Value: $393,000 - $429,000

2 Beds
2.5 Baths
1,358 Sq Ft
$301/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $206,000 $152 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,432/month

7 Days on Market

Highlights

  • Community Lake
  • Vaulted Ceiling
  • Granite Countertops
  • Islands Elementary School Rated A-
  • 1 Fireplace
  • Community Pool

About This Home

As of June 2017

Beautifully updated townhome in highly coveted neighborhood. Freshly painted through out, new carpet, new stainless appliances, new granite, new ceiling fans. Large, open living area. Low maintenance back patio. HOA takes care of front. Community pool steps away. Lakes are stocked for catch & release. Conveniently located near shopping & dining, just a few miles from all that downtown Gilbert has to offer as well.

Last Agent to Sell the Property

Nancy Ortega

Geneva Real Estate and Investments License #SA583679000 Listed on: 06/01/2017

Last Buyer's Agent

Veronica Hoffman

West USA Realty License #SA572605000

West USA Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,035

Year Built

  • Built in 1996

Lot Details

  • 1,625 Sq Ft Lot
  • Block Wall Fence

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,358 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number 302-96-798

Community Details

Overview

  • Association fees include roof repair, ground maintenance, front yard maint, trash
  • Laguna Shores Association, Phone Number (480) 759-4945
  • The Islands Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Built by New Cove
  • Cove At The Islands Lot 1 173 Tr A Z Aa Dd Subdivision
  • Community Lake

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,035

Year Built

Built in 1996

Lot Details

0

HOA Fees

$226 per month

Parking

2

Listing Details

  • Cross Street: Cooper & Warner
  • 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: 225.59
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2011
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2017
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2017
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2016
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.04
  • Co List Office Mls Id: grei02
  • Co List Office Phone: 602-288-5900
  • Subdivision Name: COVE AT THE ISLANDS LOT 1-173 TR A-Z AA-DD
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 151.69
  • Association Fees:HOA Fee2: 182.0
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 1358.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Lake Subdivision
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 261.51
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 182.0
  • Association Fee Frequency: Monthly
  • Association: The Islands
  • Association Name: Laguna Shores
  • Association Phone #2: 480-551-4300
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Laguna Shores
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Cap ImprovementImpact Fee 2: 42706.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Maintenance Grounds, Front Yard Maint, Trash

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: 1625.0
  • Parcel #: 302-96-798
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: New Cove

Tax Info

  • Tax Annual Amount: 1035.0
  • Tax Book Number: 302.00
  • Tax Lot: 136
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jun 21, 2017
Sold by
Ckl Properties Llc
Bought by
Morgan James T
Seller's Agent
Nancy Ortega
Geneva Real Estate and Investments
Buyer's Agent
Veronica Hoffman
West USA Realty
List Price
$207,900
Sold Price
$206,000
Premium/Discount to List
-$1,900
-0.91%
Current Estimated Value
$408,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,778
Avg. Annual Appreciation
8.31%
Original Mortgage
$195,700
Outstanding Balance
$162,782
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$245,996

Purchase Details

Closed on
Jul 31, 2013
Sold by
Landgren David B
Bought by
Ckl Properties Llc

Purchase Details

Closed on
Nov 16, 2011
Sold by
Landgren Kelly A
Bought by
Landgren David

Purchase Details

Closed on
Nov 15, 2011
Sold by
Omstead Michael J and Omstead Monica A
Bought by
Landgren David

Purchase Details

Closed on
Mar 6, 2007
Sold by
German James R
Bought by
Omstead Mike J and Omstead Monica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2001
Sold by
Carroll Nancy L
Bought by
German James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,900
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 1996
Sold by
The New Cove Properties Ltd Partnership
Bought by
Carroll Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,700
Interest Rate
8.06%
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

Date Buyer Sale Price Title Company
Morgan James T $206,000 Security Title Agency Inc
Ckl Properties Llc -- None Available
Landgren David -- Greystone Title Agency
Landgren David $88,000 Greystone Title Agency
Omstead Mike J $200,000 First American Title Ins Co
German James R $114,900 Fidelity National Title
Carroll Nancy L $107,068 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan James T $195,700
Previous Owner Omstead Mike J $180,000
Previous Owner German James R $91,900
Previous Owner Carroll Nancy L $101,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $206,000 -0.9% $152 / Sq Ft
06/01/2017 06/01/17 For Sale $207,900 0.0% $153 / Sq Ft
03/01/2012 03/01/12 Rented $975 0.0% --
02/19/2012 02/19/12 Under Contract -- -- --
02/12/2012 02/12/12 For Rent $975 -- --
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 $997 $13,264 -- --
2024 $967 $12,632 -- --
2023 $967 $28,480 $5,690 $22,790
2022 $938 $22,700 $4,540 $18,160
2021 $991 $20,310 $4,060 $16,250
2020 $975 $18,330 $3,660 $14,670
2019 $896 $16,380 $3,270 $13,110
2018 $869 $15,800 $3,160 $12,640
2017 $1,010 $14,060 $2,810 $11,250
2016 $1,035 $13,650 $2,730 $10,920
2015 $944 $11,970 $2,390 $9,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5615812

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-798