NOT LISTED FOR SALE

Gilbert, AZ 85233

The Islands Neighborhood

Estimated Value: $635,631 - $707,000

4 Beds
2 Baths
2,414 Sq Ft
$279/Sq Ft Est. Value

Last Sold October 31, 2014

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

Est. 117% increase in value since last sale

Current estimated payment $3,906/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 a 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
  • Directions: From McQueen, East on Elliot. South on Islands Dr. (See Fountain) Left at Fountain, Left on Port, Right on Calypso. See House on Right.
  • 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
  • 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
  • Possible Bedrooms: 4
  • 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:HOA Telephone4: 480-551-4300
  • 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
$673,408

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
7.45%
Original Mortgage
$248,000
Interest Rate
4.2%
Mortgage Type
New Conventional

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

Range of Values:

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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
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 $213,000
Closed Verma Pankaj K $248,000
Previous Owner Stephens Redge $120,000
Previous Owner Stephens Redge C $137,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 $2,483 $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

  • K

    Seller's Agent in 2014

    Karen Olsson Lokey

    West USA Realty

  • Jason Watton

    Buyer's Agent in 2014

    Jason Watton

    W and Partners, LLC

    (602) 696-1721

    41 Total Sales

    Jason Watton
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5167905

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-96-282

Arizona Maricopa County Gilbert 85233

The Islands

This home since 06 September 2014 and is currently estimated at $673,408, approximately $278 per square foot. This property was built in 1992. This home is a home located in Maricopa County with nearby schools including Islands Elementary School, Mesquite High School, and Mesquite Junior High School.

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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