NOT LISTED FOR SALE

860 S Cancun Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $435,247 - $468,000

3 Beds
2 Baths
1,289 Sq Ft
$348/Sq Ft Est. Value

Last Sold March 01, 2013

Last sale price $175,000 $136 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $2,458/month

2 Days on Market

Highlights

  • Transportation Service
  • Community Lake
  • Contemporary Architecture
  • Willis Junior High School Rated A-
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of March 2013

Don't Miss this opportunity. Pride of Ownership shows.This 3/2 in the Islands is a Gem! Many features & upgrades include: Split floor plan, Great extended patio and outdoor entertaining area. A light and Bright Kitchen with updated cabinets and sink,20 x20 porcelain tile,Moen faucets,contemporary hardware and Kenmore Elite appliances, combine with the dining rm which has a large arched window. Epoxy flooring in Garage,Full AC system updated in 2010 - 16 seer. Bathrooms updated. So many more special details are included in this home. A must see...The following do not convey: Curtains and rods in LR, MBR and DR; Mounted TV and mount in LR.

Last Agent to Sell the Property

Debra Thomas

Hometown USA, LLC License #BR516422000 Listed on: 01/17/2013

Last Buyer's Agent

Phong Luu

Evolve Realty, LLC License #SA553085000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,039

Year Built

  • Built in 1991

Lot Details

  • 6,203 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Misting System
  • Backyard Sprinklers
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,289 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Solar Screens
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Shumway Elementary School
  • Willis Junior High School

Utilities

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

Additional Features

  • No Interior Steps
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 302-37-223

Community Details

Overview

  • Association fees include ground maintenance
  • Marita At The Island Association, Phone Number (480) 892-5222
  • The Islands Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Built by Merit
  • Merit Homes At The Islands Subdivision
  • FHA/VA Approved Complex
  • Community Lake

Amenities

  • Transportation Service
  • Clubhouse
  • Recreation Room

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,039

Year Built

Built in 1991

Lot Details

6,203 Sq Ft Lot

HOA Fees

$57 per month

Parking

2

Listing Details

  • Cross Street: Warner and 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: Y
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 56.5
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2010
  • Updated Floors: Full
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2010
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2009
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2010
  • Parking Spaces Slab Parking Spaces: 2.5
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1991
  • Tax Year: 2012
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: Merit Homes at the Islands
  • Architectural Style: Contemporary
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 135.76
  • Association Fees:HOA Fee2: 15.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1289.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes
  • Community Features:Transportation Svcs: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Misting System, Patio, Storage
  • Lot Features: Sprinklers In Rear, Corner Lot, Desert Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Misting System: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.5
  • Parking Features:Electric Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Transportation Svcs, Near Bus Stop, Lake Subdivision, Playground, Biking/Walking Path, Clubhouse
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association #2 Fee: 249.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 15.0
  • Association Fee Frequency: Monthly
  • Association: The Islands
  • Association Name: Marita at the Island
  • Association Phone #2: 480-551-4300
  • Phone: 480-892-5222
  • 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: Marita at the Island
  • 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

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Shumway Elementary School
  • Junior High Dist: Chandler Unified District
  • Middle Or Junior School: Willis Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6203.0
  • Parcel #: 302-37-223
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Merit

Tax Info

  • Tax Annual Amount: 1039.0
  • Tax Book Number: 302.00
  • Tax Lot: 28
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2013
Closed on
Feb 25, 2013
Sold by
Beddome Casie Barnes and Beddome Kyle
Bought by
Tram Toan H and Le Ngochuong
Seller's Agent
Debra Thomas
Hometown USA, LLC
Buyer's Agent
Phong Luu
Evolve Realty, LLC
List Price
$174,608
Sold Price
$175,000
Premium/Discount to List
$392
0.22%
Current Estimated Value
$442,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,607
Avg. Annual Appreciation
7.49%
Original Mortgage
$166,250
Outstanding Balance
$116,249
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$332,063

Purchase Details

Closed on
Jul 20, 2009
Sold by
Warren Robert and Warren Kimberly
Bought by
Barnes Casie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,783
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2006
Sold by
Shannon David M and Shannon Christina R
Bought by
Shannon David M and Shannon Christina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 12, 2006
Sold by
Shannon David M and Shannon Christina R
Bought by
Warren Robert and Warren Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 23, 1999
Sold by
Masters Aiko
Bought by
Shannon David M and Shannon Christina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,100
Interest Rate
7.64%
Mortgage Type
FHA
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
Tram Toan H $175,000 Chicago Title Agency Inc
Beddome Casie Barnes -- Chicago Title Agency Inc
Barnes Casie $145,900 Security Title Agency
Shannon David M -- Capital Title Agency
Warren Robert $228,000 Capital Title Agency Inc
Shannon David M -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tram Toan H $166,250
Closed Barnes Casie $132,783
Previous Owner Shannon David M $45,600
Previous Owner Warren Robert $182,400
Previous Owner Shannon David M $109,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2013 03/01/13 Sold $175,000 +0.2% $136 / Sq Ft
01/19/2013 01/19/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $174,608 -- $135 / 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 $1,478 $19,058 -- --
2024 $1,426 $18,151 -- --
2023 $1,426 $32,270 $6,450 $25,820
2022 $1,375 $24,350 $4,870 $19,480
2021 $1,441 $23,510 $4,700 $18,810
2020 $1,434 $21,510 $4,300 $17,210
2019 $1,379 $18,420 $3,680 $14,740
2018 $1,333 $18,080 $3,610 $14,470
2017 $1,249 $16,000 $3,200 $12,800
2016 $1,200 $15,370 $3,070 $12,300
2015 $1,165 $14,680 $2,930 $11,750
Source: Public Records

Agents Affiliated with this Home

  • Debra Thomas

    Seller's Agent in 2013

    Debra Thomas

    Hometown USA, LLC

    (480) 703-4050

    13 Total Sales

    Debra Thomas
    Section Image

  • P

    Buyer's Agent in 2013

    Phong Luu

    Evolve Realty, LLC

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4876198

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-37-223

Arizona Maricopa County Gilbert 85233 The Islands

860 S Cancun Dr, Gilbert, AZ

Not Listed for Sale

Detached

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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