NOT LISTED FOR SALE

Estimated Value: $522,000 - $551,000

4 Beds
2.5 Baths
2,024 Sq Ft
$267/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $380,500 $188 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,250/month

4 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • Wood Flooring
  • Ashland Elementary School Rated A
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of October 2020

This home is located at 1818 E Milky Way Unit 2, Gilbert, AZ 85295 since 17 September 2020 and is currently estimated at $540,830, approximately $267 per square foot. This property was built in 1999. 1818 E Milky Way Unit 2 is a home located in Maricopa County with nearby schools including Ashland Elementary School, South Valley Jr. High School, and Campo Verde High School.

Last Agent to Sell the Property

Katie Lambert

eXp Realty License #BR583397000 Listed on: 09/17/2020

eXp Realty

Co-Listed By

Jennifer Duncan

Compass License #SA644869000

Last Buyer's Agent

Ursula Baker

HomeSmart License #SA641997000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,797

Year Built

  • Built in 1999

Lot Details

  • 4,857 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $66 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,024 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Private Pool
  • Covered patio or porch

Location

  • Property is near a bus stop

Schools

  • Ashland Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 454
  • Assessor Parcel Number 304-41-249

Community Details

Overview

  • Association fees include ground maintenance
  • Trestle Management Association, Phone Number (480) 422-0888
  • Built by DR Horton Inc
  • Gilbert Ranch Unit 2 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,797

Year Built

Built in 1999

Lot Details

0

HOA Fees

$66 per month

Parking

2

Listing Details

  • Cross Street: Val Vista/Williams Field
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 66.0
  • Basement: N
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1999
  • Tax Year: 2020
  • Directions: North on Val Vista, East on Key Biscayne Dr. Right on Galveston. Right on Voyager. Voyager curves around to Milky Way.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: xpre07
  • Co List Office Phone: 888-897-7821
  • Subdivision Name: GILBERT RANCH UNIT 2
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 66.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 2024.0
  • Stories: 2
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Playground, Biking/Walking Path
  • Amenities: Rental OK (See Rmks)
  • Association Fee: 66.0
  • Association Fee Frequency: Monthly
  • Association Name: Gilbert Ranch HOA
  • Phone: 480-345-0046
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Gilbert Ranch HOA
  • Association Fees:HOA Telephone4: 480-345-0046
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Trestle Management
  • Association Fees:HOA Management Phone: 480-422-0888
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Ashland Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4857.0
  • Parcel #: 304-41-249
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: DR Horton Inc

Tax Info

  • Tax Annual Amount: 1797.0
  • Tax Book Number: 304.00
  • Tax Lot: 454
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Sep 22, 2020
Sold by
Semien Maranda
Bought by
Semien Jonathan
Seller's Agent
Katie Lambert
eXp Realty
Buyer's Agent
Ursula Baker
HomeSmart
List Price
$380,000
Sold Price
$380,500
Premium/Discount to List
$500
0.13%
Total Days on Market
4
Current Estimated Value
$540,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,330
Avg. Annual Appreciation
7.94%
Original Mortgage
$361,475
Outstanding Balance
$324,583
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$216,247

Purchase Details

Listed on
Apr 16, 2015
Closed on
May 26, 2015
Sold by
Tannenbaum Richard and Tannenbaum Lindy
Bought by
Risley William and Risley Samantha
Seller's Agent
Azita Sajjadi
Coldwell Banker Realty
Buyer's Agent
Lissette Lent
My Home Group Real Estate
List Price
$244,900
Sold Price
$244,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$216,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2011
Sold by
Hendrix Michael Wayne
Bought by
Tannenbaum Richard and Tannenbaum Lindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,589
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 2011
Sold by
Becher Michael
Bought by
Hendrix Michael Wayne

Purchase Details

Closed on
Apr 9, 2008
Sold by
Federal National Mortgage Association
Bought by
Becher Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,506
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2008
Sold by
Perez Brian R and Perez Jeri D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 14, 1999
Sold by
Continental Homes Inc
Bought by
Perez Brian R and Perez Jeri D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,100
Interest Rate
7.01%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Semien Jonathan -- First American Title Ins Co
Semien Jonathan $380,500 First American Title Ins Co
Risley William $240,000 Chicago Title Agency Inc
Tannenbaum Richard $169,900 Title Management Agency Of A
Hendrix Michael Wayne $125,000 None Available
Becher Michael $224,675 Lawyers Title Insurance Corp
Federal National Mortgage Association $268,805 First American Title
Perez Brian R $129,613 First American Title
Continental Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Semien Jonathan P $82,000
Open Semien Jonathan $361,475
Previous Owner Risley William $216,000
Previous Owner Tannenbaum Richard M $165,083
Previous Owner Tannenbaum Richard $165,589
Previous Owner Becher Michael $168,506
Previous Owner Perez Brian R $66,000
Previous Owner Perez Brian R $252,000
Previous Owner Perez Brian R $186,300
Previous Owner Perez Brian R $123,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $380,500 +0.1% $188 / Sq Ft
09/17/2020 09/17/20 For Sale $380,000 +55.2% $188 / Sq Ft
05/29/2015 05/29/15 Sold $244,900 0.0% $121 / Sq Ft
04/16/2015 04/16/15 For Sale $244,900 -- $121 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,778 $23,724 -- --
2024 $1,790 $22,594 -- --
2023 $1,790 $37,330 $7,460 $29,870
2022 $1,734 $28,060 $5,610 $22,450
2021 $1,827 $26,470 $5,290 $21,180
2020 $1,797 $24,480 $4,890 $19,590
2019 $1,653 $22,670 $4,530 $18,140
2018 $1,604 $21,020 $4,200 $16,820
2017 $1,550 $20,150 $4,030 $16,120
2016 $1,605 $19,430 $3,880 $15,550
2015 $1,462 $19,070 $3,810 $15,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6133914

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-41-249