NOT LISTED FOR SALE

Estimated Value: $444,701 - $483,000

2 Beds
2.5 Baths
1,358 Sq Ft
$339/Sq Ft Est. Value

Last Sold May 08, 2017

Last sale price $245,000 $180 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,717/month

4 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Vaulted Ceiling
  • Islands Elementary School Rated A-
  • Community Lake
  • Granite Countertops

About This Home

As of May 2017

Honey! Stop the Car! This Is It! Wonderful waterfront condo with 2 beds and 2.5 bath. Spacious interior features tile flooring, neutral interior palette, soaring ceilings and cozy fireplace. Great kitchen contains white appliances, a plethora of cabinetry, granite counter tops, raised breakfast bar and pass through to living room. Upstairs has plush carpeting and includes a loft area. The spacious master offers en suite with double sinks and walk-in closet. Enjoy wonderful lake views on the back patio with brick pavers. Private dock included. Come see today!

Last Agent to Sell the Property

Corey Poore

RE/MAX Alliance Group License #BR116985000 Listed on: 03/15/2017

RE/MAX Alliance Group

Last Buyer's Agent

Daniel Hollowell

Trade Realty LLC License #BR031240000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1993

Lot Details

  • 2,161 Sq Ft Lot
  • Waterfront
  • Desert faces the front of the property
  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Direct Access 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
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 302-96-801-A

Community Details

Overview

  • Association fees include ground maintenance
  • 1St Serv. Resident Association, Phone Number (480) 759-4945
  • Islands Community 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

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,384

Year Built

Built in 1993

Lot Details

0

HOA Fees

$226 per month

Parking

2

Listing Details

  • Cross Street: Warner Rd and Cooper Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: Islands Community
  • 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
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1993
  • Tax Year: 2016
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: COVE AT THE ISLANDS LOT 1-173 TR A-Z AA-DD
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 180.41
  • Association Fees:HOA Fee2: 182.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1358.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Loft: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Patio
  • Lot Features: Waterfront Lot, Desert Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Other (See Remarks), Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • 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: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Pool, Lake Subdivision
  • Amenities: Management
  • Association #2 Fee: 261.51
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 182.0
  • Association Fee Frequency: Monthly
  • Association: Islands Community
  • 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 Management Company: Vision Comm Mgmt
  • Association Fees:HOA Management Phone: 480-759-4945
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Cap ImprovementImpact Fee 2: 364.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:HOA Management Company 2: 1st Serv. Resident
  • Association Fees:HOA Management Phone 2: 480-551-4300

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: 2161.0
  • Parcel #: 302-96-801-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: New Cove

Tax Info

  • Tax Annual Amount: 1384.0
  • Tax Book Number: 302.00
  • Tax Lot: 139
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2017
Closed on
Apr 18, 2017
Sold by
Welch Ronald J and Welch Nancy K
Bought by
Coyne Suzanne M
Seller's Agent
Corey Poore
RE/MAX Alliance Group
Buyer's Agent
Daniel Hollowell
Trade Realty LLC
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%
Current Estimated Value
$454,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,032
Avg. Annual Appreciation
7.50%
Original Mortgage
$160,000
Outstanding Balance
$133,217
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$327,208

Purchase Details

Closed on
Sep 20, 2007
Sold by
Welch Ronald J and Welch Nancy K
Bought by
Welch Ronald J and Welch Nancy K

Purchase Details

Closed on
Apr 19, 2006
Sold by
Welch Ronald J
Bought by
Welch Ronald J and Welch Nancy K

Purchase Details

Closed on
Sep 22, 2005
Sold by
Welch Nancy K
Bought by
Welch Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 17, 2005
Sold by
Welch Ronald J and Welch Nancy K
Bought by
Welch Ronald J and Welch Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 21, 2004
Sold by
Welch Ronald J and Welch Nancy K
Bought by
Welch Ronald J and Welch Nancy K

Purchase Details

Closed on
Aug 20, 2002
Sold by
Kozlowski David A and Klosterman Kozlowski Constance J
Bought by
Welch Ronald J and Welch Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,320
Interest Rate
6.16%

Purchase Details

Closed on
Jun 19, 2000
Sold by
Johnson Marvin J and Johnson Doris T
Bought by
Klosterman Kozlowski David A and Klosterman Kozlowski Constance J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.53%
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
Coyne Suzanne M $245,000 First Arizona Title Agency L
Welch Ronald J -- None Available
Welch Ronald J -- None Available
Welch Ronald J -- Fidelity National Title
Welch Ronald J -- --
Welch Ronald J -- --
Welch Ronald J $162,900 First American Title Ins Co
Klosterman Kozlowski David A $133,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coyne Suzanne M $160,000
Previous Owner Welch Ronald J $190,800
Previous Owner Welch Ronald J $130,320
Previous Owner Klosterman Kozlowski David A $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2017 05/08/17 Sold $245,000 +2.1% $180 / Sq Ft
03/19/2017 03/19/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $240,000 -- $177 / 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 $1,591 $21,166 -- --
2024 $1,543 $20,158 -- --
2023 $1,543 $32,820 $6,560 $26,260
2022 $1,496 $26,830 $5,360 $21,470
2021 $1,581 $23,860 $4,770 $19,090
2020 $1,556 $22,230 $4,440 $17,790
2019 $1,430 $21,030 $4,200 $16,830
2018 $1,386 $20,300 $4,060 $16,240
2017 $1,338 $18,320 $3,660 $14,660
2016 $1,384 $18,600 $3,720 $14,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5576026

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-801A