NOT LISTED FOR SALE

Estimated Value: $369,000 - $423,000

2 Beds
2.5 Baths
1,214 Sq Ft
$320/Sq Ft Est. Value

Last Sold March 21, 2013

Last sale price $145,000 $119 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $2,310/month

24 Days on Market

Highlights

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

About This Home

As of March 2013

MAKE EVERY DAY A VACATION PURCHASING THIS LOVELY HOME IN MAGNIFICENT THE ISLANDS LAKES AREA. THIS IS A VERY NICE COMMUNITY WITH COMMUNITY POOLS, LAKES, PARKS, BIKING AND WALKING PATHS. THIS 2 BEDR/2.5 BATH HOME WITH VAULTED CEILINGS, SPACIOUS GREAT ROOM FLOOR PLAN HAS A COZY KITCHEN WITH GRANITE COUNTER TOPS & STAINLESS STEAL APPLIANCES, FIREPLACE IN LIVING ROOM, 2 CG AND VERY PRIVATE LOW MAINTENANCE BACKYARD THAT BACKS TO GREENBELT. JUST PAINTED TWO TONE PAINT, TILE IN LIVING ROOM & KITCHEN, BEAUTIFUL LAMINATE FLOORING IN BEDRS AND MUCH MORE. PRICED TO SELL QUICKLY ! THANKS FOR SHOWING !

Last Agent to Sell the Property

Genka Trifonova

Wise Choice Properties License #SA535893000 Listed on: 01/24/2013

Last Buyer's Agent

Brian Neugebauer

RE/MAX Excalibur License #SA527345000

RE/MAX Excalibur

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $808

Year Built

  • Built in 1986

Lot Details

  • 2,065 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Private Yard

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,214 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens
  • Living Room with Fireplace
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Patio

Schools

  • Islands Elementary School
  • Mesquite Jr High Middle School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 90
  • Assessor Parcel Number 302-96-752

Community Details

Overview

  • Association fees include roof repair, insurance, street maintenance, front yard maint, roof replacement, maintenance exterior
  • The Cove Association, Phone Number (480) 759-4945
  • The Islands Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Built by NEW COVE
  • The Islands Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$808

Year Built

Built in 1986

Lot Details

0

HOA Fees

$219 per month

Parking

2

Listing Details

  • Cross Street: WARNER & COOPER
  • 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: 29.0
  • 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: 219.16
  • Basement: N
  • Energy Green Feature H E R S Rating: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1986
  • Tax Year: 2012
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: THE ISLANDS
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 119.43
  • Association Fees:HOA Fee2: 182.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Fire Sprinklers, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 1214.0
  • Stories: 2
  • Window Features: Sunscreen(s)
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Private Yard
  • Lot Features: Desert Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Home Warranty: Yes
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking 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, Playground, Biking/Walking Path
  • Amenities: Management
  • Association #2 Fee: 223.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 182.0
  • Association Fee Frequency: Monthly
  • Association: THE ISLANDS
  • Association Name: THE COVE
  • Association Phone #2: 480-551-4300
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: THE COVE
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Street Maint, Front Yard Maint, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Islands Elementary School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2065.0
  • Parcel #: 302-96-752
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: NEW COVE

Tax Info

  • Tax Annual Amount: 808.0
  • Tax Book Number: 302.00
  • Tax Lot: 90
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2013
Closed on
Mar 5, 2013
Sold by
Trifonov Dinko
Bought by
Vincic Ned
Seller's Agent
Genka Trifonova
Wise Choice Properties
Buyer's Agent
Brian Neugebauer
RE/MAX Excalibur
List Price
$147,900
Sold Price
$145,000
Premium/Discount to List
-$2,900
-1.96%
Current Estimated Value
$388,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,024
Avg. Annual Appreciation
7.96%
Original Mortgage
$142,373
Outstanding Balance
$100,287
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$287,737

Purchase Details

Listed on
May 3, 2012
Closed on
Dec 28, 2012
Sold by
Macorro George
Bought by
Trifonov Dinko
Seller's Agent
Phillip Shaver
HomeSmart
Buyer's Agent
Ryan Brown
HomeSmart
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1597.83%

Purchase Details

Listed on
May 3, 2012
Closed on
Dec 27, 2012
Sold by
Trifonova Genka
Bought by
Trifonov Dinko
Seller's Agent
Phillip Shaver
HomeSmart
Buyer's Agent
Ryan Brown
HomeSmart
Sold Price
$80,000

Purchase Details

Closed on
Jun 24, 2006
Sold by
Mascorro Estella
Bought by
Mascorro Estella and Estella Mascorro Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 26, 2006
Sold by
Mascorro Estella and Estella Mascorro Revocable Tru
Bought by
Mascorro Estella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 28, 2004
Sold by
Mascorro Estella and Mascorro George R
Bought by
Mascorro Estella and The Estella Mascorro Revocable

Purchase Details

Closed on
Sep 10, 2003
Sold by
Phillips Mascorro Jenny L
Bought by
Mascorro George R

Purchase Details

Closed on
Jul 7, 2003
Sold by
Dubose Darren J and Dubose Alison J
Bought by
Mascorro Estella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,550
Interest Rate
5.29%
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
Vincic Ned $145,000 Grand Canyon Title Agency In
Trifonov Dinko $80,000 Magnus Title Agency
Trifonov Dinko -- Magnus Title Agency
Mascorro Estella -- None Available
Mascorro Estella -- Fidelity National Title Grou
Mascorro Estella -- --
Mascorro George R -- --
Mascorro George R -- --
Mascorro Estella $123,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincic Ned $142,373
Previous Owner Mascorro Estella $144,500
Previous Owner Mascorro Estella $120,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2013 03/21/13 Sold $145,000 -1.4% $119 / Sq Ft
02/17/2013 02/17/13 Pending -- -- --
02/12/2013 02/12/13 Price Changed $147,000 -0.5% $121 / Sq Ft
01/31/2013 01/31/13 Price Changed $147,700 -0.1% $122 / Sq Ft
01/24/2013 01/24/13 For Sale $147,900 +84.9% $122 / Sq Ft
01/02/2013 01/02/13 Sold $80,000 -11.4% $66 / Sq Ft View Prior Sale
09/24/2012 09/24/12 Price Changed $90,300 -- $74 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
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 $912 $12,135 -- --
2024 $885 $11,557 -- --
2023 $885 $26,410 $5,280 $21,130
2022 $858 $20,880 $4,170 $16,710
2021 $906 $18,680 $3,730 $14,950
2020 $892 $17,010 $3,400 $13,610
2019 $820 $15,220 $3,040 $12,180
2018 $795 $14,670 $2,930 $11,740
2017 $767 $13,010 $2,600 $10,410
2016 $794 $12,420 $2,480 $9,940
2015 $723 $10,910 $2,180 $8,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4879710

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-752