NOT LISTED FOR SALE

Estimated Value: $647,000 - $717,000

4 Beds
2 Baths
2,414 Sq Ft
$280/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $310,000 $128 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,760/month

19 Days on Market

Highlights

  • Private Pool
  • Community Lake
  • Vaulted Ceiling
  • Islands Elementary School Rated A-
  • Clubhouse
  • Tennis Courts

About This Home

As of October 2014

Wonderful Home in Gilbert, The Islands Lakes Community! Enjoy Fishing & Boating, Tennis, the Beautiful Outdoors! Open Floor Plan, Natural Light & Bright!
1 Story, 4 Bedrooms, 2 Baths, 3 Car Garage, Pebble Sheen Pool, Large Lot! Freshly Painted Inside; Upgrades(to Name a Few): Newer Oak & Glass Front Door, Hall Bath Redone with Handsome Tile, Glass Shower Door; Dual (Retracting) Sliding Screens-French Doors to Patio, Kitchen Partially Re-Modeled, has Loads of Food-Cabinet Storage, Big Island, Pull-outs in Lower Cabinets Throughout, Composite Sink & Newer Faucet & Appliances Including Double Convection Ovens, Trash Compactor, Dishwasher & Water Softener. Extra-Insulation in Attic. Side Service Door From Garage to Pretty, Green Professionally Landscaped Back Yard with Mature Trees, Citrus 4 Citrus Trees. as Well as Other Mature Trees and Bushes.

Last Agent to Sell the Property

Karen Olsson Lokey

West USA Realty License #SA030041000 Listed on: 09/06/2014

Last Buyer's Agent

Jason Watton

W and Partners, LLC License #SA585233000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,896

Year Built

  • Built in 1992

Lot Details

  • 7,889 Sq Ft Lot
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,414 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens
  • Family Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Intercom

Pool

  • Private Pool
  • Diving Board

Schools

  • Islands Elementary School
  • Mesquite Jr High Middle School
  • Mesquite High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number 302-96-282

Community Details

Overview

  • Association fees include ground maintenance
  • Rossmar & Graham Association, Phone Number (480) 551-4300
  • Built by UDC
  • The Islands Newport Lt 1 101 Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,896

Year Built

Built in 1992

Lot Details

0

HOA Fees

$37 per month

Parking

3

Listing Details

  • Cross Street: Elliott & McQueen
  • 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: 37.33
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2013
  • Updated Floors: Partial
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2012
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2012
  • Updated Roof: Partial
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1992
  • Tax Year: 2013
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: The Islands - Newport Lt 1-101
  • Architectural Style: Ranch
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 128.42
  • Association Fees:HOA Fee2: 224.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Intercom, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2414.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Lake Subdivision: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Misting System, Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • Pool Private: Yes
  • 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:Misting System: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Lake Subdivision, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse
  • Amenities: Management
  • Association Fee: 224.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: The Islands
  • Phone: 480-551-4300
  • 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: The Islands
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Rossmar & Graham
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

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: 7889.0
  • Parcel #: 302-96-282
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: UDC

Tax Info

  • Tax Annual Amount: 1896.0
  • Tax Book Number: 302.00
  • Tax Lot: 78
  • Tax Map Number: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2020
Sold by
Verma Pankaj K and Verma Priti D
Bought by
Verma Pankaj K and Verma Priti D
Current Estimated Value
$675,598

Purchase Details

Listed on
Sep 6, 2014
Closed on
Oct 14, 2014
Sold by
Stephens Redge and Stephens Sonja
Bought by
Verma Pankaj K and Verma Priti D
Seller's Agent
Karen Olsson Lokey
West USA Realty
Buyer's Agent
Jason Watton
W and Partners, LLC
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$248,000
Outstanding Balance
$190,825
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$484,773

Purchase Details

Closed on
Oct 27, 1999
Sold by
Stephens Redge C and Stephens Sonja L
Bought by
Stephens Redge and Stephens Sonja

Purchase Details

Closed on
Mar 15, 1995
Sold by
Arizona Home Loans Inc
Bought by
Stephens Redge C and Stephens Sonja L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 1994
Sold by
Winklevoss Myron Richard and Winklevoss Judy I
Bought by
Arizona Home Loans Inc
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
Verma Pankaj K -- None Available
Verma Pankaj K $310,000 Pioneer Title Agency Inc
Stephens Redge -- --
Stephens Redge C $172,000 Security Title Agency
Arizona Home Loans Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verma Pankaj K $248,000
Previous Owner Stephens Redge C $137,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $310,000 -4.6% $128 / Sq Ft
09/20/2014 09/20/14 Pending -- -- --
09/01/2014 09/01/14 For Sale $325,000 -- $135 / 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 $2,579 $33,338 -- --
2024 $2,492 $31,750 -- --
2023 $2,492 $46,630 $9,320 $37,310
2022 $2,415 $35,830 $7,160 $28,670
2021 $2,551 $33,800 $6,760 $27,040
2020 $2,506 $32,280 $6,450 $25,830
2019 $2,307 $30,210 $6,040 $24,170
2018 $2,243 $28,710 $5,740 $22,970
2017 $2,166 $27,470 $5,490 $21,980
2016 $2,244 $27,010 $5,400 $21,610
2015 $2,047 $25,510 $5,100 $20,410
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5167905

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-282