$485,347 - $508,000
RENTED OCT 11, 2024

1707 E Milky Way Unit 1 Gilbert, AZ 85295

San Tan Village Neighborhood
4 Beds
3 Baths
2,024 Sq Ft
$246 Price per Sq Ft

Last Sold December 07, 2016

Last sale price $256,000 $126 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,952/month

About This Home

As of December 2016

No Application Fee! Beautiful 4 bd 2.5 bth Gilbert Home. The kitchen is great for entertaining with an eat at bar and the 2 tier island. Granite counter tops, walk in pantry and stainless-steel dishwasher, microwave and ceramic glass top range. Living/dining room offers laminate floors, vaulted ceiling and large windows. Separate Family room with a gas fireplace, ceiling fan and upgraded blinds. Large master bedroom with vaulted ceiling, large walk in closet. ceiling fans and 2nd closet. 3 more bedrooms and 2nd full bath upstairs. Huge backyard with large covered patio, 2 separate paver patio areas, gazebo. Yard has been wired with outlets all around, ceiling fans on patio and gazebo, flood lights and many more great features. Close to 202, San Tan Village Mall.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2021
Sold by
Meins Derek M
Bought by
Meins Derek M and Meins Sara
Current Estimated Value
$498,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Outstanding Balance
$244,815
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$253,772

Purchase Details

Listed on
Aug 31, 2016
Closed on
Nov 18, 2016
Sold by
Meins Sara
Bought by
Meins Derek
Seller's Agent
Jeremy Campos
HomeSmart
Buyer's Agent
Liz Morganroth
Mosaic Property Management
List Price
$260,000
Sold Price
$256,000
Premium/Discount to List
-$4,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$230,400
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2016
Closed on
Oct 26, 2016
Sold by
Davis Leeann J
Bought by
Meins Derek
Seller's Agent
Jeremy Campos
HomeSmart
Buyer's Agent
Liz Morganroth
Mosaic Property Management
List Price
$260,000
Sold Price
$256,000
Premium/Discount to List
-$4,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2002
Sold by
Cockrum Robert F and Cockrum Shannon
Bought by
Davis Leeann J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 1998
Sold by
Continental Homes Inc
Bought by
Cockrum Robert F and Cockrum Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 1998
Sold by
Chi Construction Company
Bought by
Continental Homes Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Meins Derek M -- First American Title Ins Co
Meins Derek -- First American Title Ins Co
Meins Derek $256,000 First American Title Ins Co
Davis Leeann J $159,000 Chicago Title Insurance Co
Cockrum Robert F $138,577 First American Title
Continental Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meins Derek M $265,600
Closed Meins Derek $236,800
Closed Meins Derek $230,400
Previous Owner Davis Leeann J $22,500
Previous Owner Davis Leeann J $145,000
Previous Owner Cockrum Robert F $131,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Rented $2,595 0.0% --
09/24/2024 09/24/24 Under Contract -- -- --
08/29/2024 08/29/24 For Rent $2,595 0.0% --
08/29/2024 08/29/24 Off Market $2,595 -- --
08/28/2024 08/28/24 For Rent $2,595 +36.9% --
07/15/2020 07/15/20 Rented $1,895 0.0% --
06/16/2020 06/16/20 Under Contract -- -- --
06/05/2020 06/05/20 Price Changed $1,895 -5.0% $1 / Sq Ft
05/31/2020 05/31/20 For Rent $1,995 0.0% --
12/07/2016 12/07/16 Sold $256,000 -1.5% $126 / Sq Ft
08/31/2016 08/31/16 For Sale $260,000 -- $128 / Sq Ft

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 $1,830 $20,883 -- --
2024 $1,883 $19,889 -- --
2023 $1,883 $34,550 $6,910 $27,640
2022 $1,831 $26,300 $5,260 $21,040
2021 $1,889 $24,650 $4,930 $19,720
2020 $1,577 $22,820 $4,560 $18,260
2019 $1,450 $20,900 $4,180 $16,720
2018 $1,407 $19,400 $3,880 $15,520
2017 $1,359 $18,320 $3,660 $14,660
2016 $1,374 $17,600 $3,520 $14,080
2015 $1,281 $16,880 $3,370 $13,510
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Derek Meins

    Denali Real Estate, LLC

    (602) 855-0707

    1 in this area

    19 Total Sales

    Derek Meins
    Section Image

  • J

    Seller's Agent in 2016

    Jeremy Campos

    HomeSmart

  • Liz Morganroth

    Buyer's Agent in 2016

    Liz Morganroth

    Mosaic Property Management

    (480) 861-5879

    1 in this area

    37 Total Sales

    Liz Morganroth
    Section Image
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Map

Arizona Maricopa County Gilbert 85295 San Tan Village

1707 E Milky Way Unit 1, Gilbert, AZ

This home is located at 1707 E Milky Way Unit 1, Gilbert, AZ 85295 and is currently estimated at $498,587, approximately $246 per square foot. 1707 E Milky Way Unit 1 is a home located in Maricopa County with nearby schools including Ashland Elementary School, South Valley Jr. High School, and Campo Verde 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.

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