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Sold for $500,000
  • $500,000

    1309 W CORAL REEF Drive W, Gilbert, AZ 85233

    3beds
    2baths
    1,493sqft
    Townhouse
    Built in 1986
    1,668 Square Feet Lot
    $476,000 Zestimate®
    $335/sqft
    $2,308 Estimated rent

    Home value

    $476,000

    $452,000 - $500,000

    $2,308/mo

    Zestimate® history
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    What's special

    Incredible lakeside viewsPlantation shuttersModern fixturesMaster bathDual pane vinyl windowsDining optionsElectric window coverings
    Introducing your ideal lakeside retreat in the heart of Gilbert's Islands community! This captivating townhouse offers an array of luxurious features designed to elevate your lifestyle. Step inside to find stunning travertine flooring that adds a touch of elegance and sophistication to every corner of the 1,497 square feet of living space. The residence boasts 3 bedrooms and 2 baths, with the master bath featuring a newly remodeled design, complete with gleaming white shaker cabinets and modern fixtures. This charming abode also comes equipped with all the modern amenities you desire. Enjoy the convenience of an inside laundry area, providing ease and comfort to your daily routines. The 2-car garage ensures ample space for parking and storage, while the stainless steel appliances in the kitchen add a touch of contemporary allure. Embrace the incredible lakeside views from your home and take advantage of the community's easy access to nearby shopping centers, dining options, and freeways. Additional updates include; dual pane vinyl windows and sliders (2022), Electric window coverings (2022), Plantation shutters (2022), extended paver patio to dock (2022) and new never used boat dock (2022). Don't miss this opportunity to indulge in a quintessential lakeside lifestyle with all the comforts and conveniences you could ever need. Act quickly, as this gem is sure to attract eager buyers looking for the perfect Gilbert sanctuary!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jaime Meraz 602-326-4752,

    eXp Realty

    Bought with:

    Wendy R Walker, SA520073000

    The Agency

    Amanda Malcolm, SA660360000

    The Agency

    Source: ARMLS,MLS#: 6585240MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s), Programmable Thmstat
    Features
    • Granite Counters, Double Vanity, Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Full Bth Master Bdrm
    • Flooring: Carpet, Stone
    • Windows: Low Emissivity Windows, Solar Screens, Double Pane Windows
    • Has basement: No
    • Common walls with other units/homes: Two Common Walls
    Interior area
    • Total structure area: 1,493
    • Total interior livable area: 1,493 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Stories: 2
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • On waterfront: Yes
    • Waterfront features: Waterfront
    Lot
    • Size: 1,668 Square Feet
    • Features: Waterfront, Desert Front, Grass Back
    Details
    • Parcel number: 30230607

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Spanish
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Tile,Foam
    Condition
    • Year built: 1986

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Pool, Lake, Playground, Biking/Walking Path
    • Subdivision: TOWNHOMES ON CORAL REEF
    HOA
    • Has HOA: Yes
    • Services included: Insurance, Maintenance Grounds, Street Maint, Maintenance Exterior
    • HOA fee: $211 monthly
    • HOA name: Coral Reef
    • HOA phone: 623-232-8150
    • Second HOA fee: $347 semi-annually
    • Second HOA name: The Islands Commun
    • Second HOA phone: 480-545-7740
    Location
    • Region: Gilbert

    Financial & listing details

    • Price per square foot: $335/sqft
    • Tax assessed value: $364,200
    • Annual tax amount: $1,669
    • Date on market: 8/3/2023
    • Cumulative days on market: 21 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/22/2023Sold$500,000$335/sqft
    Source: ARMLS #6585240 Report a problem
    8/24/2023Pending sale$500,000$335/sqft
    Source: ARMLS #6585240 Report a problem
    8/15/2023Contingent$500,000$335/sqft
    Source: ARMLS #6585240 Report a problem
    8/3/2023Listed for sale$500,000+4.2%$335/sqft
    Source: ARMLS #6585240 Report a problem
    7/15/2022Sold$480,000-2%$322/sqft
    Source: ARMLS #6410399 Report a problem
    6/6/2022Pending sale$489,900$328/sqft
    Source: ARMLS #6410399 Report a problem
    6/2/2022Listed for sale$489,900+46.2%$328/sqft
    Source: ARMLS #6410399 Report a problem
    6/1/2020Sold$335,000$224/sqft
    Source: ARMLS #6075085 Report a problem
    5/20/2020Pending sale$335,000$224/sqft
    Source: Keller Williams Realty East Valley #6075085 Report a problem
    5/7/2020Listed for sale$335,000+28.8%$224/sqft
    Source: Keller Williams Realty East Valley #6075085 Report a problem
    12/30/2016Sold$260,000-3.7%$174/sqft
    Source: ARMLS #5511750 Report a problem
    10/29/2016Price change$269,900-1.9%$181/sqft
    Source: HomeSmart #5511750 Report a problem
    10/27/2016Price change$275,000-1.4%$184/sqft
    Source: HomeSmart #5511750 Report a problem
    10/22/2016Price change$279,000-3.5%$187/sqft
    Source: HomeSmart #5511750 Report a problem
    10/14/2016Price change$289,000+3.3%$194/sqft
    Source: HomeSmart #5511750 Report a problem
    10/12/2016Listed for sale$279,900+64.6%$187/sqft
    Source: Owner Report a problem
    3/31/2016Sold$170,000$114/sqft
    Source: ARMLS #5414178 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,687 +4%$36,420 -10.6%
    2024$1,621 -5.2%$40,720 +90.1%
    2023$1,710 +2.5%$21,416 -21.6%
    2022$1,669 -3.9%$27,300 +6.9%
    2021$1,736 -9.1%$25,530 +2.4%
    2020$1,911 +2.8%$24,920 +9.1%
    2019$1,858 $22,850 +5.5%
    2018$1,858 +3.4%$21,650 +4.5%
    2017$1,797 +27.8%$20,710 +9.1%
    2016$1,407 -3.6%$18,980 -0.5%
    2015$1,459 $19,070 +32%
    2014-- $14,450 +15.1%
    2013-- $12,550 -14.6%
    2006-- $14,700
    2005-- $14,700 +15.3%
    2004-- $12,750
    2003-- $12,750 +1.2%
    2002-- $12,600
    Find assessor info on the county website

    Neighborhood: The Islands

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Islands Elementary School
    • Middle: Mesquite Elementary School - Gilbert
    • High: Gilbert High School
    • District: Gilbert Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $476,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $476,000