NOT LISTED FOR SALE

2500 E Milky Way Gilbert, AZ 85295

Gateway Ranch Neighborhood

Estimated Value: $689,000 - $723,000

4 Beds
2.5 Baths
2,667 Sq Ft
$265/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $745,000 $279 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,125/month

2 Days on Market

Highlights

  • Play Pool
  • RV Gated
  • Vaulted Ceiling
  • Chaparral Elementary School Rated A-
  • Mountain View
  • Wood Flooring

About This Home

As of July 2022

Welcome home to this 4 bed, 2.5 bath, 3 car garage, move-in ready home with a backyard you will love! Sparkling play pool, spa, synthetic grass front & back, putting green, extended covered patio, patio lights, RV gate & even a large cemented area behind the RV gate for your toys! Exterior is freshly painted, new sunscreens added & I even had the windows washed for you! Main floor primary bedroom & remodeled bathroom and so much storage in the walk-in closet! Kitchen has granite counters, dual convection oven, RO system & stainless steel appliances! Open concept floorplan & wait until you see your view of the backyard! Large upstairs loft along with 3 more bedrooms & a bathroom. 3 car garage is insulated with dual garage door openers, built in storage & workbench. Conveniently located.

Last Agent to Sell the Property

Rachel Welin

Keys to Your Dreams Realty License #BR649788000 Listed on: 06/09/2022

Co-Listed By

Noah Anderson

Keys to Your Dreams Realty License #SA696849000

Last Buyer's Agent

Monica Lucas

Real Broker License #SA658526000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,514

Year Built

  • Built in 2001

Lot Details

  • 9,681 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 7 Open Parking Spaces
  • Garage Door Opener
  • RV Gated

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,667 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

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

  • Play Pool
  • Spa
  • Pool Pump

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near a 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 204
  • Assessor Parcel Number 304-40-217

Community Details

Overview

  • Association fees include ground maintenance
  • Gateway Ranch Association, Phone Number (480) 829-7400
  • 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

$2,514

Year Built

Built in 2001

Lot Details

0

HOA Fees

$64 per month

Parking

3

Listing Details

  • Cross Street: Williams Field & 202
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 64.17
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 7.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2001
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: From Williams Field Rd, go Left (North) on Parkcrest St. Left (West) on Milky Way. Home is on the right side of the road.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: ktyd001
  • Subdivision Name: GATEWAY RANCH
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 192.5
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, 9+ Flat Ceilings, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2667.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • ResoLivingAreaSource: Assessor
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Variable Speed Pump, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 7.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool, Near Bus Stop, Playground, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 192.5
  • Association Fee Frequency: Quarterly
  • Association Name: Gateway Ranch
  • Phone: 480-829-7400
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 160.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Gateway Ranch
  • Association Fees:HOA Telephone4: 480-829-7400
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

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: 9681.0
  • Parcel #: 304-40-217
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Beazer Homes

Tax Info

  • Tax Annual Amount: 2514.0
  • Tax Book Number: 304.00
  • Tax Lot: 204
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2020
Sold by
Rachel Ann Anderson Welin Living Trust
Bought by
Welin Rachel Ann Anderson and Rachell Ann Anderson
Current Estimated Value
$706,351

Purchase Details

Listed on
Sep 6, 2019
Closed on
Oct 23, 2019
Sold by
Lee Shann and Davison Bart
Bought by
Welin Rachel A
Seller's Agent
Beth Rider
Keller Williams Arizona Realty
Buyer's Agent
Rachel Welin
Keys to Your Dreams Realty
List Price
$400,000
Sold Price
$410,000
Premium/Discount to List
$10,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$389,500
Outstanding Balance
$346,976
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$392,176

Purchase Details

Listed on
Sep 6, 2019
Closed on
Oct 22, 2019
Sold by
Welin Roger Lee
Bought by
Welin Rachel A
Seller's Agent
Beth Rider
Keller Williams Arizona Realty
Buyer's Agent
Rachel Welin
Keys to Your Dreams Realty
List Price
$400,000
Sold Price
$410,000
Premium/Discount to List
$10,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,500
Outstanding Balance
$346,976
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$392,176

Purchase Details

Closed on
Dec 6, 2011
Sold by
Kruckenberg Ronald R and Kruckenberg Janet L
Bought by
Lee Shanna and Davison Bart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,428
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2002
Sold by
Beazer Homes Sales Arizona Inc
Bought by
Kruckenberg Ronald R and Kruckenberg Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,700
Interest Rate
6.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Welin Rachel Ann Anderson -- None Available
Welin Rachel A $410,000 First Arizona Title Agency
Welin Rachel A -- First Arizona Title Agency
Lee Shanna $239,500 Grand Canyon Title Agency In
Kruckenberg Ronald R $209,900 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 Huerta Rosalie $93,765
Open Welin Rachel A $389,500
Previous Owner Lee Shanna $55,000
Previous Owner Davison Bart $248,000
Previous Owner Lee Shanna $233,428
Previous Owner Kruckenberg Ronald R $203,500
Previous Owner Kruckenberg Ronald R $37,800
Previous Owner Kruckenberg Ronald R $184,000
Previous Owner Kruckenberg Ronald R $46,000
Previous Owner Kruckenberg Ronald R $216,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $745,000 +2.8% $279 / Sq Ft
06/06/2022 06/06/22 For Sale $725,000 +76.8% $272 / Sq Ft
11/04/2019 11/04/19 Sold $410,000 0.0% $154 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
09/09/2019 09/09/19 Price Changed $410,000 +2.5% $154 / Sq Ft
09/06/2019 09/06/19 For Sale $400,000 -- $150 / 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 $2,553 $31,569 -- --
2024 $2,562 $30,066 -- --
2023 $2,562 $50,080 $10,010 $40,070
2022 $2,450 $36,230 $7,240 $28,990
2021 $2,514 $35,280 $7,050 $28,230
2020 $2,560 $31,880 $6,370 $25,510
2019 $2,479 $28,910 $5,780 $23,130
2018 $2,389 $27,320 $5,460 $21,860
2017 $2,305 $25,700 $5,140 $20,560
2016 $2,289 $25,100 $5,020 $20,080
2015 $2,047 $24,430 $4,880 $19,550
Source: Public Records

Agents Affiliated with this Home

  • Rachel Welin

    Seller's Agent in 2022

    Rachel Welin

    Keys to Your Dreams Realty

    (480) 652-3333

    1 in this area

    45 Total Sales

    Rachel Welin
    Section Image

  • N

    Seller Co-Listing Agent in 2022

    Noah Anderson

    Keys to Your Dreams Realty

    (651) 236-0332

    1 in this area

    7 Total Sales

    Noah Anderson
    Section Image
  • Monica Lucas

    Buyer's Agent in 2022

    Monica Lucas

    Real Broker

    (480) 634-0224

    1 in this area

    59 Total Sales

    Monica Lucas
    Section Image
  • Beth Rider

    Seller's Agent in 2019

    Beth Rider

    Keller Williams Arizona Realty

    (480) 666-0501

    1,607 Total Sales

    Beth Rider
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6412080

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-40-217

Arizona Maricopa County Gilbert 85295 Gateway Ranch

2500 E Milky Way, Gilbert, AZ

This home is located at 2500 E Milky Way, Gilbert, AZ 85295 since 09 June 2022 and is currently estimated at $706,351, approximately $264 per square foot. This property was built in 2001. 2500 E Milky Way is a home located in Maricopa County with nearby schools including Chaparral Elementary School, Williams Field High School, and Cooley Middle 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.

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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