NOT LISTED FOR SALE

2471 E Milky Way Gilbert, AZ 85295

Gateway Ranch Neighborhood

Estimated Value: $633,567 - $681,000

4 Beds
2.5 Baths
2,667 Sq Ft
$245/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $352,000 $132 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,657/month

3 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • Wood Flooring
  • Chaparral Elementary School Rated A-
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of July 2018

Gorgeous home on a large lot in the heart of Gilbert! Original owners- truly shows pride of ownership! Great curb appeal & 3 car garage with built-in cabinets, RV gate, and stone detail. Interior includes blinds & fans throughout, open living/dining room, & large loft complete with built in work space. Lovely kitchen offers SS appliances with ample cabinets and breakfast room dining nook. Downstairs master bedroom & bath with dual sink vanity, separate tub & shower, and a spacious walk-in closet. Large backyard includes extended covered patio, mature trees that provide constant shade and breeze, custom paver seating area, and a relaxing above ground spa. Community features resort style pool & spa, basketball court, playground, and lots of green areas. Near 202 & San Tan Mall shopping

Last Agent to Sell the Property

Sarah Gates

Keller Williams Realty Sonoran Living License #SA624690000 Listed on: 05/22/2018

Keller Williams Realty Sonoran Living

Last Buyer's Agent

Lewis Larsen

Gentry Real Estate License #SA654627000

Gentry Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 2002

Lot Details

  • 9,680 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 1 Open Parking Space
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,667 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near bus stop

Schools

  • Chaparral Elementary School
  • Cooley Middle School
  • Williams Field High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 187
  • Assessor Parcel Number 304-40-200

Community Details

Overview

  • Association fees include ground maintenance
  • Aam Llc Association, Phone Number (602) 957-9191
  • Built by Beazer Homes
  • Gateway Ranch Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,175

Year Built

Built in 2002

Lot Details

0

HOA Fees

$57 per month

Parking

3

Listing Details

  • Cross Street: E Williams Field Rd & S Parkcrest St
  • 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: 56.67
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Spa Private: Yes
  • Tax Year: 2017
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: GATEWAY RANCH
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 131.98
  • Association Fees:HOA Fee2: 170.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Above Ground, Heated, Private
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2667.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 1.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Spa Htd, Community Pool, Near Bus Stop, Playground, Biking/Walking Path
  • Association Fee: 170.0
  • Association Fee Frequency: Quarterly
  • Association Name: Gateway Ranch HOA
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Gateway Ranch HOA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM LLC
  • Association Fees:HOA Management Phone: 602-957-9191
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Chaparral Elementary School
  • High School: Williams Field High School
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9680.0
  • Parcel #: 304-40-200

Building Info

  • Builder Name: Beazer Homes

Tax Info

  • Tax Annual Amount: 2175.0
  • Tax Book Number: 304.00
  • Tax Lot: 187
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2018
Closed on
May 30, 2018
Sold by
Garwood Wesley R and Garwood Kristine
Bought by
Burns Robert J and Burns Jessica J
Seller's Agent
Sarah Gates
Keller Williams Realty Sonoran Living
Buyer's Agent
Lewis Larsen
Gentry Real Estate
List Price
$370,000
Sold Price
$352,000
Premium/Discount to List
-$18,000
-4.86%
Current Estimated Value
$652,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,642
Avg. Annual Appreciation
8.52%
Original Mortgage
$273,750
Outstanding Balance
$237,278
Interest Rate
4.6%
Mortgage Type
VA
Estimated Equity
$415,364

Purchase Details

Closed on
May 24, 2012
Sold by
Garwood Wesley
Bought by
Garwood Kristine and Garwood Wesley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2002
Sold by
Beazer Homes Sales Arizona Inc
Bought by
Garwood Wesley R and Garwood Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,200
Interest Rate
6.83%
Mortgage Type
New Conventional
Source: Public Records
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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
Burns Robert J $365,000 First American Title Insuran
Garwood Kristine -- Accommodation
Garwood Wesley -- Driggs Title Agency Inc
Garwood Wesley R $217,766 Lawyers Title Of Arizona Inc
Beazer Homes Sales Arizona Inc -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Robert J $273,750
Previous Owner Garwood Wesley $192,000
Previous Owner Garwood Wesley R $174,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2018 07/03/18 Sold $352,000 -4.9% $132 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $370,000 -- $139 / 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 $2,260 $29,763 -- --
2024 $2,418 $28,346 -- --
2023 $2,418 $47,420 $9,480 $37,940
2022 $2,312 $34,470 $6,890 $27,580
2021 $2,372 $33,510 $6,700 $26,810
2020 $2,415 $30,430 $6,080 $24,350
2019 $2,339 $27,370 $5,470 $21,900
2018 $2,254 $25,910 $5,180 $20,730
2017 $2,175 $24,470 $4,890 $19,580
2016 $2,213 $23,850 $4,770 $19,080
2015 $1,931 $23,070 $4,610 $18,460
Source: Public Records

Agents Affiliated with this Home

  • Sarah Gates

    Seller's Agent in 2018

    Sarah Gates

    Keller Williams Realty Sonoran Living

    (480) 628-0642

    1 in this area

    131 Total Sales

    Sarah Gates
    Section Image

  • L

    Buyer's Agent in 2018

    Lewis Larsen

    Gentry Real Estate

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5769641

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-40-200

Arizona Maricopa County Gilbert 85295 Gateway Ranch

2471 E Milky Way, Gilbert, AZ

Not Listed for Sale

Detached

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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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