859 W Royal Palms Dr Gilbert, AZ 85233
The Islands NeighborhoodEstimated Value: $779,559
5
Beds
3
Baths
2,873
Sq Ft
$271/Sq Ft
Est. Value
Highlights
- Lap Pool
- RV Gated
- Community Lake
- Islands Elementary School Rated A-
- 0.37 Acre Lot
- Clubhouse
About This Home
As of September 2020Don't miss your opportunity to purchase this home on a RARE 16,296 SQ. FT lot in the highly desired Lake Subdivision known as THE ISLANDS.This home has been UPDATED and REMODELED over the past few years including new Kitchen and master bath CABINETS , Showers, GRANITE counters, sinks, Travertine, plush carpeting, 4'' wood SHUTTERS, blinds and more.The Kitchen has high-end appliances, gorgeous granite counters, glass back splash with LED lighting under, over and above the cabinets. The enormous diving pool has a polished Pebble surface and the Kool deck was just re-finished.The LUSH YARD is incredible with room to play football or soccer with the kids and the perimeter just received 10 tons of fresh rock. With North/South exposure the oversized wrap around patio doesn't disappoint either. There's epoxy floors and cabinets in the oversized garage and a LARGE R/V gate and pad. The ROOF underlayment was replaced 2013 and the A/C's in 2007 and 2008. At one point the current owner had approval from the association to build a guest casita between the R/V pad and pool area. This subdivision is centrally located near Golf Courses, *Restaurants, Shopping and SO much more! *Your dream home awaits! You won't be disappointed! If you're ready to experience the serene lifestyle that only this property can afford.
Thank you for viewing.
Last Listed By
Jeffrey L. Franklin
Realty Executives License #SA046826000 Listed on: 08/21/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,675
Year Built
- Built in 1991
Lot Details
- 0.37 Acre Lot
- Desert faces the front and back of the property
- Block Wall Fence
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Grass Covered Lot
HOA Fees
- $50 Monthly HOA Fees
Parking
- 3 Car Garage
- 4 Open Parking Spaces
- Garage Door Opener
- RV Gated
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 2,873 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- Solar Screens
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Carpet
- Stone
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
- Lap Pool
- Pool Pump
- Diving Board
Outdoor Features
- Covered patio or porch
- Outdoor Storage
- Playground
Location
- Property is near a bus stop
Schools
- Islands Elementary School
- Mesquite Elementary School - Gilbert Middle School
- Mesquite High School
Utilities
- Refrigerated Cooling System
- Zoned Heating
- Water Filtration System
- High Speed Internet
Listing and Financial Details
- Tax Lot 50
- Assessor Parcel Number 302-96-254
Community Details
Overview
- Association fees include ground maintenance
- First Service Association, Phone Number (480) 545-7740
- Built by UDC
- Newport Subdivision
- Community Lake
Amenities
- Clubhouse
- Recreation Room
Recreation
- Community Playground
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 1, 2021
Sold by
Fedo Robert Francis and Fedo Georgene
Bought by
Fedo Robert James and Fedo Kaylyn Marie
Total Days on Market
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$132,134
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$647,425
Purchase Details
Listed on
Aug 21, 2020
Closed on
Sep 10, 2020
Sold by
Glaser Dennis F and The Dennis F Glaser Trust
Bought by
Fedo Robert Francis and Fedo Georgene
Seller's Agent
Jeffrey L. Franklin
Realty Executives
Buyer's Agent
John Hiscott
HomeSmart
List Price
$560,000
Sold Price
$545,000
Premium/Discount to List
-$15,000
-2.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Purchase Details
Closed on
Feb 25, 2013
Sold by
Glaser Dennis F
Bought by
Glaser Dennis F and Dennis F Glaser Trust
Purchase Details
Closed on
Nov 14, 2011
Sold by
Glaser Dennis F and Dennis F Glaser Trust
Bought by
Glaser Dennis F
Purchase Details
Closed on
Jun 2, 2010
Sold by
Glaser Dennis F
Bought by
Glaser Dennis F and Dennis F Glaser Trust
Purchase Details
Closed on
Oct 5, 2006
Sold by
Glaser Kitty Schulting
Bought by
Glaser Dennis F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 20, 2004
Sold by
Peddie Michael David
Bought by
Peddie Michael David and Peddie Lori Ruth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 4, 1999
Sold by
Reid Randall T
Bought by
Peddie Michael D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,800
Interest Rate
7.68%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 1998
Sold by
Bushor Robert B and Bushor Linda S
Bought by
Reid Randall T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.91%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fedo Robert James | -- | Driggs Title Agency Inc | |
| Fedo Robert Francis | $545,000 | Driggs Title Agency Inc | |
| Glaser Dennis F | -- | None Available | |
| Glaser Dennis F | -- | None Available | |
| Glaser Dennis F | -- | None Available | |
| Glaser Dennis F | -- | First American Title Ins Co | |
| Glaser Dennis F | $460,000 | First American Title Ins Co | |
| Peddie Michael David | -- | -- | |
| Peddie Michael D | $296,000 | Security Title Agency | |
| Reid Randall T | $240,000 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fedo Robert James | $145,000 | |
| Previous Owner | Glaser Dennis F | $286,000 | |
| Previous Owner | Glaser Dennis F | $336,000 | |
| Previous Owner | Glaser Dennis F | $32,000 | |
| Previous Owner | Glaser Dennis | $71,279 | |
| Previous Owner | Glaser Dennis F | $368,000 | |
| Previous Owner | Peddie Michael D | $50,000 | |
| Previous Owner | Peddie Michael D | $236,800 | |
| Previous Owner | Reid Randall T | $192,000 | |
| Closed | Peddie Michael D | $14,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2020 09/15/20 | Sold | $545,000 | -2.7% | $190 / Sq Ft |
| 08/31/2020 08/31/20 | Pending | -- | -- | -- |
| 08/20/2020 08/20/20 | For Sale | $560,000 | -- | $195 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $3,466 | $38,662 | -- | -- |
| 2024 | $2,891 | $36,821 | -- | -- |
| 2023 | $2,891 | $55,030 | $11,000 | $44,030 |
| 2022 | $2,801 | $41,050 | $8,210 | $32,840 |
| 2021 | $2,959 | $38,610 | $7,720 | $30,890 |
| 2020 | $2,906 | $37,110 | $7,420 | $29,690 |
| 2019 | $2,675 | $35,050 | $7,010 | $28,040 |
| 2018 | $2,602 | $33,610 | $6,720 | $26,890 |
| 2017 | $2,512 | $32,300 | $6,460 | $25,840 |
| 2016 | $2,603 | $32,160 | $6,430 | $25,730 |
| 2015 | $2,373 | $30,500 | $6,100 | $24,400 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2020
Jeffrey L. Franklin
Realty Executives
-
John Hiscott
J
Buyer's Agent in 2020
John Hiscott
HomeSmart
(602) 672-5017
2 in this area
35 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6120445
APN: 302-96-254
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.
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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