NOT LISTED FOR SALE

860 W Lobster Trap Dr Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $518,000 - $558,000

4 Beds
2.5 Baths
1,943 Sq Ft
$275/Sq Ft Est. Value

Last Sold September 12, 2014

Last sale price $230,000 $118 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,985/month

15 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Dual Vanity Sinks in Primary Bathroom
  • Willis Junior High School Rated A-
  • Covered Patio or Porch
  • Tile Flooring

About This Home

As of September 2014

A Nice spacious home in the islands. This property has the downstairs 4th bedroom/office option making this home about 1943 sq ft. Check out the nice Pebble Tec pool and back yard. Will need new flooring and some updating in home. Great area and close to shops and stores. A little bit of work will make this place awesome!!!

Last Agent to Sell the Property

Robert Dermer

Century 21-Towne & Country License #BR509977000 Listed on: 07/16/2014

Century 21-Towne & Country

Last Buyer's Agent

Mark McGrew

Hit Realty Advisors,LLC License #BR636747000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,190

Year Built

  • Built in 1993

Lot Details

  • 5,165 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $40 Monthly HOA Fees

Parking

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

Home Design

  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 1,943 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Shumway Elementary School
  • Willis Junior High School
  • Chandler High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include ground maintenance
  • Islands Association, Phone Number (480) 545-7740
  • Built by Blandford Homes
  • Martinique 2 At The Islands Subdivision

Listing and Financial Details

  • Tax Lot 116
  • Assessor Parcel Number 310-03-147

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,190

Year Built

Built in 1993

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Cross Street: Warner and Cooper
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 39.85
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1993
  • Tax Year: 2013
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: Martinique 2 at the islands
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 118.37
  • Association Fees:HOA Fee2: 239.1
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1943.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Natural Desert Front
  • Pool Features: Private
  • Disclosures: None
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 239.1
  • Association Fee Frequency: Semi-Annually
  • Association Name: islands
  • 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
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5165.0
  • Parcel #: 310-03-147

Building Info

  • Builder Name: Blandford Homes

Tax Info

  • Tax Annual Amount: 1190.0
  • Tax Book Number: 310.00
  • Tax Lot: 116
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2023
Sold by
Masciangelo Michael L and Masciangelo Stacy M
Bought by
Masciangelo Family Trust
Current Estimated Value
$533,400

Purchase Details

Listed on
Jul 16, 2014
Closed on
Aug 28, 2014
Sold by
Nicolary Paul D
Bought by
Masciangelo Michael L and Masciangelo Stacy M
Seller's Agent
Robert Dermer
Century 21-Towne & Country
Buyer's Agent
Mark McGrew
Hit Realty Advisors,LLC
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$225,834
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2010
Sold by
Pang Pih Lung O and Pang Ingelise I
Bought by
Nicolary Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,847
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2007
Sold by
Pang Ingelise I
Bought by
Pang Pih Lung O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2007
Sold by
Pang Pih Lung O
Bought by
Pang Pih Lung O and Pang Ingelise I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
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
Masciangelo Family Trust -- None Listed On Document
Masciangelo Michael L $230,000 First American Title Ins Co
Nicolary Paul D $162,000 Fidelity Natl Title Ins Co
Pang Pih Lung O -- Equity Title Agency Inc
Pang Pih Lung O -- None Available
Pang Pih Lung O $266,000 Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Masciangelo Michael L $225,834
Previous Owner Nicolary Paul D $159,847
Previous Owner Pang Pih Lung O $252,700
Previous Owner Pang Pih Lung O $252,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2014 09/12/14 Sold $230,000 0.0% $118 / Sq Ft
07/16/2014 07/16/14 For Sale $230,000 -- $118 / 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 $1,768 $22,614 -- --
2024 $1,703 $21,537 -- --
2023 $1,703 $37,680 $7,530 $30,150
2022 $1,642 $28,470 $5,690 $22,780
2021 $1,721 $27,800 $5,560 $22,240
2020 $1,713 $25,520 $5,100 $20,420
2019 $1,645 $22,320 $4,460 $17,860
2018 $1,594 $21,010 $4,200 $16,810
2017 $1,492 $20,150 $4,030 $16,120
2016 $1,436 $19,530 $3,900 $15,630
2015 $1,393 $17,830 $3,560 $14,270
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robert Dermer

    Century 21-Towne & Country

    Section Image
  • Mark McGrew

    Buyer's Agent in 2014

    Mark McGrew

    Hit Realty Advisors,LLC

    (602) 790-9119

    26 Total Sales

    Mark McGrew
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5146625

Arizona Regional Multiple Listing Service (ARMLS)

APN: 310-03-147

Arizona Maricopa County Gilbert 85233 The Islands

860 W Lobster Trap Dr, Gilbert, AZ

Not Listed for Sale

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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