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1301 W Coral Reef Dr, Gilbert, AZ, 85233

$500,000

Home List Price

$5,938*

Closing Credit

2 Bedrooms
3 Baths
1,583 SqFt
$316/SqFt
Townhouse

Location

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1301 W Coral Reef Dr, Gilbert$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingElectric Door Opener, Unassigned
Garage2 spaces
Year Built1986
HeatingElectric
CoolingCeiling Fan(s)
Fireplace1 Fireplace, Living Room
MLS #6754122
Lot Size0.04 Acres
StatusActive

About 1301 W Coral Reef Dr

A rare find in the highly desirable Gilbert Islands community of Coral Reef! This spacious townhome is priced to sell fast and has been recently remodeled to perfection. Updates include beautiful carpet, new tile in the master and baths, an elegant cantera stone fireplace surround, upgraded wet bar & new granite countertops, new lighting fixtures, new door hardware, and new blinds throughout. The kitchen features stainless steel appliances, custom wine fridge and offers plenty of counter/cabinet space, opening up to a roomy dining area—ideal for entertaining. With vaulted ceilings, custom neutral paint, with a light, airy atmosphere. Move-in ready and a perfect opportunity to own in one of Gilbert's most sought-after communities! Don't miss out

Property Details

Property Features

Property Information:

  • Year Built: 1986
  • Stories: 2
  • Living Area: 1,583 SqFt

Listing Office:

  • Office Name: Bliss Realty & Investments
  • Office Phone: (480) 235-3617
  • Listing Agent: Mara Benson, Maranda Tyus

Interior Features

Interior Information:

  • Flooring Type: Carpet, Tile, Wood
  • Interior: Upstairs, Eat-in Kitchen, Vaulted Ceiling(s), Wet Bar, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Fireplace: 1 Fireplace, Living Room

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Patio, Private Street(s), Private Yard

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Electric Door Opener, Unassigned

Lot Features

Lot Information:

  • Lot: Corner Lot, Desert Back
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: East on Elliott to S. Island Drive. South to waterfeature (fountain), East/left to Coral Reef Dr. Turn right into the Coral Reef community

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $316/SqFt

HOA Fees:

  • Amount: $211
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,797
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gilbert, AZ.

Med. Sold Price

$585.2K

Med. Price/SqFt

$288

Avg. Days On Market

57

# of Sold Homes

236

1301 W Coral Reef Dr vs Gilbert

47 DAYS ON ROCKET

-10 Days

$500,000

-$85.2K Less

$316/SqFt

+$28 More

KEY TAKEAWAY

This property is $85.2K less than the Median Sold Price and $28/SqFt more than other homes in Gilbert, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6754122

Listing Office:

  • Office Name: Bliss Realty & Investments
  • Office Phone: (480) 235-3617
  • Listing Agent: Mara Benson, Maranda Tyus

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/20/2024, 11:55:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 15, 2012Home Sold
$148,000
Aug 22, 2011Home Sold
$105,200
Apr 14, 2006Home Sold
$253,000
Feb 20, 2004Home Sold
$149,000
Mar 03, 1994Home Sold
$62,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,797$26,470
2020$1,769$23,880
2019$1,599$22,660
2017$1,547$19,970

History based on county public records data.

Payment Calculator

$2,774

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-185436
6
/10
  • Islands Elementary School

  • 245 S McQueen Rd

  • 0.32 miles

  • Public District Grades PK-6

school-card-donut-185437
6
/10
  • Playa del Rey Elementary School

  • 550 N Horne St

  • 0.97 miles

  • Public District Grades PK-6

school-card-donut-185438
3
/10
  • Shumway Elementary School

  • 1325 N Shumway Ave

  • 1.29 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $139,643. The most common annual income of people living in Gilbert, AZ is between $100k-200k. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1301 W Coral Reef Dr

What is the listing price of this property?

The listing price of 1301 W Coral Reef Dr property is $500,000.

What type of property is this?

The property 1301 W Coral Reef Dr is a townhouse located in Gilbert, Arizona, 85233.

Is this property for sale now?

Active Listing: 1301 W Coral Reef Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,797 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 15, 2012 for $148,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1301 W Coral Reef Dr has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1301 W Coral Reef Dr is 1,583 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1301 W Coral Reef Dr is 1986.

Rocket HomesArizonaMaricopa CountyGilbert852331301 W Coral Reef Dr

This home is located at 1301 W Coral Reef Dr in Gilbert, AZ and zip code 85233 in the The Islands neighborhood. This 1,583 square foot home, which was built in 1986, sits on a 0.04 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $500,000.

In October 2024, from all listings sold in Gilbert, AZ there were more than 28 sold above asking price, over 138 sold below and more than 70 were sold right at the asked price. The number of homes for sale in Gilbert, AZ increased by 4.4% between September 2024 and October 2024. While the average time on the market in October 2024 was 57 days, the median list price was $585,235.

From Rocket Homes Real Estate and based on county public records data.

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