NOT LISTED FOR SALE

2501 E Milky Way Gilbert, AZ 85295

Gateway Ranch Neighborhood

Estimated Value: $599,000 - $663,000

4 Beds
2 Baths
2,129 Sq Ft
$296/Sq Ft Est. Value

Sale Details

Date Sold: April 15, 2015

Last sale price $280,000 $132 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,659 / mo

1 Day on Market

Highlights

  • Heated Pool
  • RV Access or Parking
  • Vaulted Ceiling
  • Chaparral Elementary School Rated A-
  • Mountain View
  • Wood Flooring

About This Home

As of April 2015

MODEL PERFECT HOME AND MOVE-IN READY! THIS EXCEPTIONAL HOME BOASTS VAULTED CEILINGS, WOOD BLINDS, UPGRADED FLOORING IN BEDROOMS AND 16'' DIAGONAL TILE T/O REST OF HOME. LOVELY EAT IN KITCHEN, GLASSTOP RANGE, STONE BACKSPLASH & SEPERATE DINING ROOM. BACKYARD IS FABULOUS FOR ENTERTAINING- HEATED POOL, RELAXING WATER FEATURE, FIBER OPTIC LIGHTING, EXTENDED DECKING, COVERED PATIO, AND ROMANTIC BRICK SEATING AREA WITH FIRE PIT. IT ALSO HAS AN RV GATE WITH SLAB SO BRING YOUR TOYS.

Last Agent to Sell the Property

James Ensman

50 STATES Realty License #SA573520000 Listed on: 03/09/2015

Last Buyer's Agent

Tina Garcia

eXp Realty License #SA571271000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,823

Year Built

  • Built in 2000

Lot Details

  • 10,459 Sq Ft Lot
  • Desert faces the front of the property
  • Private Streets
  • Artificial Turf
  • Front and Back Yard Sprinklers

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,129 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Bathtub With Separate Shower Stall

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Patio

Schools

  • Higley Traditional Academy Elementary And Middle School
  • Higley High School

Utilities

  • Central Air
  • Heating Available
  • Water Softener

Listing and Financial Details

  • Tax Lot 484-17
  • Assessor Parcel Number 304-40-197

Community Details

Overview

  • Association fees include ground maintenance
  • Gateway Ranch Association, Phone Number (602) 906-4940
  • Built by Beazer
  • Gateway Ranch Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,823

Year Built

Built in 2000

Lot Details

10,459 Sq Ft Lot

HOA Fees

$53 per month

Parking

2

Listing Details

  • Cross Street: Greenfield Road/ Williams Field Road
  • 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: 53.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2000
  • Spa Private: Yes
  • Tax Year: 2014
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: Gateway Ranch
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 131.51
  • Association Fees:HOA Fee2: 160.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Private
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Soft Water Loop, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2129.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Synthetic Grass Back
  • Pool Features: Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: Yes
  • Private Pool Features: Private: Yes
  • Private Pool Features: Heated: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, RV Gate, Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 160.0
  • Association Fee Frequency: Quarterly
  • Association Name: Gateway Ranch
  • Phone: 602-906-4940
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Gateway Ranch
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Higley Traditional Academy
  • High School: Higley High School
  • Middle Or Junior School: Higley Traditional Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10459.0
  • Parcel #: 304-40-197

Building Info

  • Builder Name: Beazer

Tax Info

  • Tax Annual Amount: 1823.0
  • Tax Book Number: 304.00
  • Tax Lot: 484-17
  • Tax Map Number: 40.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2015
Closed on
Apr 11, 2015
Sold by
Bought by
Seller's Agent
James Ensman
50 STATES Realty
Buyer's Agent
Tina Garcia
eXp Realty
List Price
$270,000
Sold Price
$280,000
Premium/Discount to List
$10,000
3.7%
Current Estimated Value
$630,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,797
Avg. Annual Appreciation
7.49%
Original Mortgage
$274,928
Interest Rate
0.0425%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
0.0667%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
0.0556%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
0.0825%

Purchase Details

Closed on
Sep 14, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,100
Interest Rate
0.0807%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$280,000 Lawyers Title
$383,800 Fidelity National Title
-- Lawyers Title Ins
-- Lawyers Title Of Arizona Inc
-- Lawyers Title Of Arizona Inc
$178,038 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $435,000
Closed $324,000
Closed $320,336
Closed $299,653
Closed $274,928
Previous Owner $114,296
Previous Owner $163,800
Previous Owner $287,200
Previous Owner $235,000
Previous Owner $174,000
Previous Owner $169,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/15/2015 04/15/15 Sold $280,000 +3.7% $132 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $270,000 -- $127 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,153 $28,277
2024 $2,303 $26,931
2023 $2,303 $46,810 $9,360 $37,450
2022 $2,203 $34,020 $6,800 $27,220
2021 $2,259 $33,050 $6,610 $26,440
2020 $2,300 $29,650 $5,930 $23,720
2019 $2,228 $26,720 $5,340 $21,380
2018 $2,146 $25,080 $5,010 $20,070
2017 $2,071 $23,500 $4,700 $18,800
2016 $2,107 $22,760 $4,550 $18,210
2015 $1,839 $22,000 $4,400 $17,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    James Ensman

    50 STATES Realty

    (602) 242-1188

    2 Total Sales

    James Ensman
    Section Image
  • Tina Garcia

    Buyer's Agent in 2015

    Tina Garcia

    eXp Realty

    (602) 451-8462

    2 in this area

    68 Total Sales

    Tina Garcia
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5247868

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-40-197

Arizona Maricopa County Gilbert 85295 Gateway Ranch

2501 E Milky Way, Gilbert, AZ

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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