NOT LISTED FOR SALE

702 S Bay Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $678,000 - $748,000

5 Beds
3 Baths
2,690 Sq Ft
$267/Sq Ft Est. Value

Sale Details

Date Sold: October 21, 2020

Last sale price $455,000 $169 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,121 / mo

2 Days on Market

Highlights

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

About This Home

As of October 2020

Life at The Islands doesn't get better than this! This 5 bdr/ 3ba home is on a rare 1/4 acre lot in the heart of the East Valley. Great location and amenities, close to everything. This outstanding property includes a diving pool, 3 car garage & room to roam. 4 full/true bedrooms w/2 full baths upstairs and 1 full bed and full bath downstairs. Largest upstairs secondary bedroom would make great den/office/playroom or theater room. Newly painted interior w/neutral pallet. Tile medallion in entry gives custom feel. Large windows-open & airy feel. Granite counters in kitchen with large breakfast nook opens to family area & inviting tile fireplace. Artificial grass in the backyard, big covered patio, no neighbors behind, and a lot of space for adding more! Move in ready & priced to sell!

Last Agent to Sell the Property

Nate Randleman

Keller Williams Realty Phoenix License #BR563735000 Listed on: 09/11/2020

Keller Williams Realty Phoenix

Last Buyer's Agent

Rebecca Reidhead

Real Broker License #SA676445000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,620

Year Built

  • Built in 1988

Lot Details

  • 11,269 Sq Ft Lot
  • Artificial Turf
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,690 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Solar Screens
  • Security System Leased

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • 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 12
  • Assessor Parcel Number 302-30-355

Community Details

Overview

  • Association fees include ground maintenance
  • Islands Comm. Assoc Association, Phone Number (480) 545-7740
  • Bayview Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,620

Year Built

Built in 1988

Lot Details

0.26 Acres

HOA Fees

$48 per month

Parking

3

Listing Details

  • Cross Street: Elliot and McQueen
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 48.17
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1988
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.26
  • Subdivision Name: BAYVIEW
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 169.14
  • Association Fees:HOA Fee2: 289.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2690.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Grass Front, Synthetic Grass Back, Auto Timer H2O Front
  • Pool Features: Diving Pool, Private
  • 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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Playground, Biking/Walking Path
  • Association Fee: 289.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Islands Comm. Assoc
  • Phone: 480-545-7740
  • 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: Islands Comm. Assoc
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

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: 11269.0
  • Parcel #: 302-30-355

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2620.0
  • Tax Book Number: 302.00
  • Tax Lot: 12
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Oct 17, 2020
Sold by
Dickenson Lori
Bought by
Dickenson Alan W
Seller's Agent
Nate Randleman
Keller Williams Realty Phoenix
Buyer's Agent
Rebecca Reidhead
Real Broker
List Price
$435,000
Sold Price
$455,000
Premium/Discount to List
$20,000
4.6%
Current Estimated Value
$717,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,078
Avg. Annual Appreciation
8.54%
Original Mortgage
$364,000
Outstanding Balance
$320,938
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$396,140

Purchase Details

Listed on
Sep 11, 2020
Closed on
Oct 16, 2020
Sold by
Vasquez Nickalas A
Bought by
Dickenson Alan W and Casey April
Seller's Agent
Nate Randleman
Keller Williams Realty Phoenix
Buyer's Agent
Rebecca Reidhead
Real Broker
List Price
$435,000
Sold Price
$455,000
Premium/Discount to List
$20,000
4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Outstanding Balance
$320,938
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$396,140

Purchase Details

Listed on
Mar 16, 2012
Closed on
Apr 23, 2012
Sold by
Salvidge Frederick George and Salvidge Rena S
Bought by
Vasquez Nickalas A and Vasquez Lisa A
Seller's Agent
Susanne Lynch
HomeSmart Lifestyles
Buyer's Agent
Carmen Cortez
Property Cupid, LLC
List Price
$245,000
Sold Price
$255,000
Premium/Discount to List
$10,000
4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$248,535
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dickenson Alan W -- Security Title Agency Inc
Dickenson Alan W $455,000 Security Title Agency Inc
Vasquez Nickalas A $255,000 Great American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dickenson Alan W $364,000
Previous Owner Vasquez Nickalas A $248,535
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2020 10/21/20 Sold $455,000 0.0% $169 / Sq Ft
09/14/2020 09/14/20 Price Changed $455,000 +4.6% $169 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $435,000 +70.6% $162 / Sq Ft
04/25/2012 04/25/12 Sold $255,000 -1.9% $91 / Sq Ft View Prior Sale
03/19/2012 03/19/12 Pending -- -- --
03/19/2012 03/19/12 Price Changed $260,000 +6.1% $93 / Sq Ft
03/16/2012 03/16/12 For Sale $245,000 -- $87 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,942 $32,191 -- --
2024 $2,848 $30,658 -- --
2023 $2,848 $48,220 $9,640 $38,580
2022 $2,769 $36,420 $7,280 $29,140
2021 $2,864 $34,900 $6,980 $27,920
2020 $2,821 $32,570 $6,510 $26,060
2019 $2,620 $30,320 $6,060 $24,260
2018 $2,550 $27,820 $5,560 $22,260
2017 $2,467 $26,560 $5,310 $21,250
2016 $2,520 $25,780 $5,150 $20,630
2015 $2,308 $23,330 $4,660 $18,670
Source: Public Records

Agents Affiliated with this Home

  • Nate Randleman

    Seller's Agent in 2020

    Nate Randleman

    Keller Williams Realty East Valley

    (480) 540-7019

    2 in this area

    236 Total Sales

    Nate Randleman
    Section Image
  • Rebecca Reidhead

    Buyer's Agent in 2020

    Rebecca Reidhead

    Real Broker

    (623) 217-8569

    36 Total Sales

    Rebecca Reidhead
    Section Image
  • John Evenson

    Buyer Co-Listing Agent in 2020

    John Evenson

    Real Broker

    (989) 233-3293

    265 Total Sales

    John Evenson
    Section Image
  • Susanne Lynch

    Seller's Agent in 2012

    Susanne Lynch

    HomeSmart Lifestyles

    (480) 231-8429

    47 Total Sales

    Susanne Lynch
    Section Image

  • C

    Buyer's Agent in 2012

    Carmen Cortez

    Property Cupid, LLC

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6130635

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-30-355

Arizona Maricopa County Gilbert 85233 The Islands

702 S Bay 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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