NOT LISTED FOR SALE

2560 E Milky Way Gilbert, AZ 85295

Gateway Ranch Neighborhood

Estimated Value: $595,657 - $637,000

3 Beds
2 Baths
2,129 Sq Ft
$289/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $400,000 $188 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,445/month

3 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Chaparral Elementary School Rated A-
  • Granite Countertops
  • 2 Car Direct Access Garage

About This Home

As of May 2020

Neutral 3 bedroom home with lots of natural light. Large kitchen with matching stainless steel appliances and granite counter tops. Upgrades all around, like plantation shutters throughout, sliding door w/ built in blinds, gas fireplace in family room, garage has built in storage cabinets & epoxied floor, just to name a few. Let's not forget the refreshing Peb-Tec pool and covered patio w/ extended deck and oversized lot that will allow you to enjoy this beautiful Arizona weather! Don't miss out on this home, schedule your showing today!

Last Agent to Sell the Property

Ben Arredondo

My Home Group Real Estate License #SA556873000 Listed on: 04/14/2020

My Home Group Real Estate

Last Buyer's Agent

Angela Patten

Realty ONE Group License #SA540650000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,144

Year Built

  • Built in 1999

Lot Details

  • 9,682 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,129 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Chaparral Elementary School
  • Chaparral Elementary School - Gilbert Middle School
  • Williams Field High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 210
  • Assessor Parcel Number 304-40-223

Community Details

Overview

  • Association fees include ground maintenance
  • Pmg Services Association, Phone Number (602) 829-7400
  • Built by BEAZER HOMES
  • Gateway Ranch Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,144

Year Built

Built in 1999

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Cross Street: 202 & WILLIAMS FIELD RD.
  • 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: 58.33
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2013
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2013
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2013
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1999
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: GATEWAY RANCH
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 187.88
  • Association Fees:HOA Fee2: 175.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2129.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • 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: Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: 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: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Playground, Biking/Walking Path
  • Association Fee: 175.0
  • Association Fee Frequency: Quarterly
  • Association Name: Gateway Ranch
  • Phone: 602-829-7400
  • 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:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: PMG Services
  • 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: Chaparral Elementary School - Gilbert

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9682.0
  • Parcel #: 304-40-223

Building Info

  • Builder Name: BEAZER HOMES

Tax Info

  • Tax Annual Amount: 2144.0
  • Tax Book Number: 304.00
  • Tax Lot: 210
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
May 11, 2020
Sold by
Ortez Lauren and Ortez Dustin
Bought by
Barnhart Ryan
Seller's Agent
Ben Arredondo
My Home Group Real Estate
Buyer's Agent
Angela Patten
Realty ONE Group
List Price
$384,900
Sold Price
$400,000
Premium/Discount to List
$15,100
3.92%
Current Estimated Value
$614,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,664
Avg. Annual Appreciation
7.93%
Original Mortgage
$380,000
Outstanding Balance
$336,733
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$277,931

Purchase Details

Listed on
Jun 29, 2013
Closed on
Jul 30, 2013
Sold by
R Pederson Holdings Llc
Bought by
Ortez Lauren and Ortez Dustin
Seller's Agent
Rod Pederson
DeLex Realty
Buyer's Agent
Ben Arredondo
My Home Group Real Estate
List Price
$288,800
Sold Price
$289,800
Premium/Discount to List
$1,000
0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$284,551
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2013
Sold by
Roberts Darrell Fredrick and Sanchez Roberts Mary Ann
Bought by
R Pederson Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,400
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2000
Sold by
Beazer Homes Sales Arizona Inc
Bought by
Roberts Darrell Frederick and Sanchez Roberts Mary Ann

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
7.75%
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
Barnhart Ryan $400,000 Az Title Agency
Ortez Lauren $289,800 Security Title Agency
R Pederson Holdings Llc $240,500 Security Title Agency
Roberts Darrell Frederick $205,474 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 Barnhart Ryan $380,000
Previous Owner Ortez Lauren $284,551
Previous Owner R Pederson Holdings Llc $192,400
Previous Owner Roberts Darrell Frederick $163,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2020 05/21/20 Sold $400,000 +3.9% $188 / Sq Ft
04/14/2020 04/14/20 For Sale $384,900 +32.8% $181 / Sq Ft
08/14/2013 08/14/13 Sold $289,800 +0.3% $136 / Sq Ft View Prior Sale
07/15/2013 07/15/13 Price Changed $288,800 0.0% $136 / Sq Ft
07/04/2013 07/04/13 Pending -- -- --
06/29/2013 06/29/13 For Sale $288,800 -- $136 / 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 $2,072 $27,242 -- --
2024 $2,217 $25,945 -- --
2023 $2,217 $45,350 $9,070 $36,280
2022 $2,120 $32,930 $6,580 $26,350
2021 $2,174 $31,950 $6,390 $25,560
2020 $2,214 $28,770 $5,750 $23,020
2019 $2,144 $25,870 $5,170 $20,700
2018 $2,066 $24,310 $4,860 $19,450
2017 $1,994 $22,800 $4,560 $18,240
2016 $2,028 $22,000 $4,400 $17,600
2015 $1,770 $21,250 $4,250 $17,000
Source: Public Records

Agents Affiliated with this Home

  • Ben Arredondo

    Seller's Agent in 2020

    Ben Arredondo

    My Home Group Real Estate

    (480) 206-7077

    459 Total Sales

    Ben Arredondo
    Section Image
  • Angela Patten

    Buyer's Agent in 2020

    Angela Patten

    Realty One Group

    (480) 577-4830

    113 Total Sales

    Angela Patten
    Section Image
  • Rod Pederson

    Seller's Agent in 2013

    Rod Pederson

    DeLex Realty

    (602) 526-9594

    1 Total Sale

    Rod Pederson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6065982

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-40-223

Arizona Maricopa County Gilbert 85295 Gateway Ranch

2560 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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