$275,000
1325 W CORAL REEF Drive
Gilbert, AZ 85233
MLS# 5522735
Status: Closed
3 beds  |  2.5 baths


1325 W CORAL REEF Drive, Gilbert, AZ 85233
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Property Description
Beautiful waterfront home with designer touches. Kitchen opens to great room with fireplace and flows to den with built in Murphy Bed and shelving. The Master bedroom has a balcony overlooking the lake. The loft area is also used as a bedroom. There are two full baths upstairs with a half bath downstairs. The awesome Master bath has granite counter tops and a large walk in shower with four shower heads. Kitchen, great room and master have lake views. There is a large flagstone patio off the kitchen for your dining pleasure. This is a great home for winter visitors or owners that like to travel and need a low maintenance property. There is a Wi-Fi controlled thermostat. All furniture available for sale on a separate contract. This property is move in ready!

Details
Contract Information
Status Change Date: 2017-01-13
List Price: $275,000
Status: Closed
Current Price: $268,000
List Date: 2016-11-08
Type: EA
Ownership: Condominium
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: S39
House Number: 1325
Compass: W
Street Name: CORAL REEF
St Suffix: Drive
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85233
Zip4: 6103
Country: USA
County Code: Maricopa
Assessor's Map #: 30
Assessor's Parcel #: 603
Assessor Number: 302-30-603
Legal Description (Abbrev): TOWNHOMES ON CORAL REEF MCR 283-48
Subdivision: TOWNHOMES ON CORAL REEF LOT 1-53 TRACT A-G
Tax Municipality: Gilbert
Taxes: 2129
Tax Year: 2016
General Property Description
Dwelling Type: Townhouse
Dwelling Styles: Attached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 3
# Bathrooms: 2.5
Approx SQFT: 1832
Price/SqFt: 146.28
Horses: N
Builder Name: Unknown
Year Built: 1986
Approx Lot SqFt: 2026
Pool: Community Only
Planned Comm Name: Townhomes on Coral Reef
Marketing Name: The Islands
Elementary School: Islands Elementary School
Jr. High School: Gilbert Junior High School
High School: Mesquite Jr High School
Elementary School District: Gilbert Unified District
High School District: Gilbert Unified District
Remarks & Misc
Cross Street: Elliot and McQueen
Directions: At McQueen go East on Elliot to South Islands Drive take Left at Fountain to third Right at Townhomes on Coral Reef. Units are individually numbered and parking is available in visitor parking.
Geo Lat: 33.345005
Geo Lon: -111.818214
Status Change Info
Off Market Date: 2016-12-08
Under Contract Date: 2016-12-07
Close of Escrow Date: 2017-01-12
Sold Price: 268000
Legal Info
Township: 1S
Range: 5E
Section: 14
Lot Number: 47
Association & Fees
HOA Y/N: Y
HOA Transfer Fee: 265
HOA Fee: 192.96
HOA Paid Frequency: Monthly
HOA Name: Osselear
HOA Telephone: 602.277.4418
HOA 2 Y/N: Y
HOA 2 Transfer Fee: 155
Association Fee 2: 261.51
Association Fee 2 Frequency: Semi-Annually
HOA 2 Name: Islands
HOA 2 Telephone: 480.551.4300
HOA Management Company 2: First Service
HOA 3 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 427
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2 $/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 236.55
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: Y
Parking Spaces
Garage Spaces: 2
Total Covered Spaces: 2
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Architecture: Contemporary
Master Bathroom: Full Bth Master Bdrm; Double Sinks
Master Bedroom: Upstairs
Fireplace: Gas Fireplace
Flooring: Carpet; Tile
Pool Features: No Pool
Spa: None
Community Features: Community Pool
Dining Area: Dining in LR/GR
Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Walk-in Pantry; Kitchen Island
Laundry: Washer Included; Dryer Included; Inside
Other Rooms: Great Room
Technology: Pre-Wire Srnd Snd; Cable TV Avail; High Speed Internet Available; Smart Home System
Exterior Features: Patio
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Tile; Rolled
Cooling: Refrigeration
Heating: Electric
Utilities: SRP
Water: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: None
Property Description: Waterfront Lot
Landscaping: Grass Front
Possession: Close of Escrow
Unit Style: Two Levels; Two Common Walls; Courtyard Facing; Street Facing
Association Fee Incl: Exterior Mnt of Unit; Blanket Ins Policy; Garbage Collection; Pest Control; Front Yard Maint; Common Area Maint; Street Maint
Assoc Rules/Info: Pets OK (See Rmrks)
Existing 1st Loan: Conventional
Existing 1st Ln Trms: Non Assumable
New Financing: FHA; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: Wright Realty Group

Last Updated: January - 20 - 2017

1325 W CORAL REEF Drive, Gilbert, AZ 85233 - MLS# 5522735

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