You'll LOVE this charming WATERFRONT Home in Townhomes @ Coral Reef! With 2 beds, 2 baths, and a 2-car garage, it provides an inviting & convenient lifestyle. Enter to be greeted by the grandeur of the large great room paired with a cozy fireplace & vaulted ceilings that add to the spacious feel! Neutral palette and a mix of tile & wood flooring throughout enhance the overall vibe. The kitchen boasts sleek SS appliances, granite counters, wood cabinetry, and a peninsula w/breakfast bar. Double-door main bedroom has an ensuite with a separate tub/shower, dual sinks, & a walk-in closet. Moving outdoors, the back patio awaits! It is the perfect spot to relax while enjoying the delightful lake views. PLUS! This gem includes a private boat dock for your water adventures. Ready to move in NOW!!
Sold for $490,000
$490,000
1345 W CORAL REEF Drive, Gilbert, AZ 85233
2beds
2baths
1,148sqft
Single Family Residence
Built in 1987
2,178 Square Feet Lot
$462,100 Zestimate®
$427/sqft
$1,957 Estimated rent
Home value
$462,100
$439,000 - $485,000
$1,957/mo
Zestimate® history
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List your homeWhat's special
Cozy fireplacePrivate boat dockNeutral paletteGranite countersBack patioWood cabinetrySleek ss appliances
Zillow last checked:
Listing updated:
Listed by:
Vikki Gorman 602-689-2810,
AZ Brokerage Holdings, LLC,
Deborah Rivers 480-276-4600,
AZ Brokerage Holdings, LLC
Bought with:
Lisa Gifford, SA112578000
Platinum Living Realty
Source: ARMLS,MLS#: 6614838
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Features
- High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Tile, Wood
- Windows: Skylight(s)
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 1 Common Wall,End Unit
Interior area
- Total structure area: 1,148
- Total interior livable area: 1,148 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Direct Access
- Garage spaces: 2
Features
- Stories: 1
- Patio & porch: Patio
- Pool features: None
- Spa features: None, Bath
- Fencing: Block,Partial
- On waterfront: Yes
- Waterfront features: Waterfront
Lot
- Size: 2,178 Square Feet
- Features: Waterfront, Cul-De-Sac, Grass Front, Grass Back
Details
- Parcel number: 30230598
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile,Built-Up
Condition
- Year built: 1987
Utilities & green energy
- Water: City Water
Community & HOA
Community
- Features: Lake, Community Spa, Transportation Svcs, Near Bus Stop, Playground, Biking/Walking Path
- Subdivision: TOWNHOMES AT CORAL REEF
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $211 monthly
- HOA name: TH@Coral Reef
- HOA phone: 602-277-4418
- Second HOA fee: $347 semi-annually
- Second HOA name: The Islands Comm
- Second HOA phone: 480-545-7740
Location
- Region: Gilbert
Financial & listing details
- Price per square foot: $427/sqft
- Tax assessed value: $351,100
- Annual tax amount: $1,930
- Date on market: 11/5/2025
- Cumulative days on market: 21 days
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2023 | Sold | $490,000-2%$427/sqft |
Source:  ARMLS #6614838 Report a problem | ||
| 10/27/2023 | Pending sale | $500,000$436/sqft |
Source: ARMLS #6614838 Report a problem | ||
| 10/6/2023 | Listed for sale | $500,000+252.1%$436/sqft |
Source: ARMLS #6614838 Report a problem | ||
| 5/15/2001 | Sold | $142,000$124/sqft |
Source: ARMLS #1590223 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,686 +4% | $35,110 -10.9% |
| 2024 | $1,621 -17.9% | $39,400 +92.4% |
| 2023 | $1,974 +2.3% | $20,478 -21.2% |
| 2022 | $1,930 -1.9% | $25,980 +7.5% |
| 2021 | $1,967 +7.6% | $24,170 +2.6% |
| 2020 | $1,827 +2.8% | $23,550 +8.9% |
| 2019 | $1,777 | $21,630 +5.3% |
| 2018 | $1,777 +3.4% | $20,550 +5.1% |
| 2017 | $1,719 +7% | $19,560 +10.1% |
| 2016 | $1,607 -1.7% | $17,770 -0.8% |
| 2015 | $1,634 | $17,910 +30.4% |
| 2014 | -- | $13,730 +14.4% |
| 2013 | -- | $12,000 -12.1% |
| 2006 | -- | $13,650 |
| 2005 | -- | $13,650 +15.7% |
| 2004 | -- | $11,800 |
| 2003 | -- | $11,800 +1.3% |
| 2002 | -- | $11,650 |
Find assessor info on the county website
Neighborhood: The Islands
Nearby homes
- $434,0003 bd2 ba1.6k sqft1349 W Coral Reef Dr, Gilbert, AZ 85233Off Market
- $438,4003 bd2 ba1.5k sqft1341 W Coral Reef Dr, Gilbert, AZ 85233Off Market
- $456,300-- bd3 ba1.7k sqft1353 W Coral Reef Dr, Gilbert, AZ 85233Off Market
- $524,3003 bd2 ba1.7k sqft1337 W Coral Reef Dr, Gilbert, AZ 85233Off Market
- $431,7004 bd2 ba1.4k sqft1357 W Coral Reef Dr, Gilbert, AZ 85233Off Market
- $480,0003 bd3 ba1.7k sqft1333 W Coral Reef Dr, Gilbert, AZ 85233Sold
- $497,9003 bd2 ba1.8k sqft1401 W Coral Reef Dr, Gilbert, AZ 85233Off Market
- $520,0003 bd3 ba2.2k sqft1358 W Coral Reef Dr, Gilbert, AZ 85233Sold
Nearby schools
GreatSchools rating
- 9/10Islands Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 6/10Mesquite High SchoolGrades: 8-12Distance: 0.5 mi
- 5/10Mesquite Jr High SchoolGrades: 6-8Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Islands Elementary School
- Middle: Mesquite Jr High School
- High: Mesquite 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
$462,100
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
$462,100
- Arizona
- Maricopa County
- Gilbert
- 85233
- The Islands
- 1345 W CORAL REEF Drive
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