NOT LISTED FOR SALE

2750 E Milky Way Gilbert, AZ 85295

Gateway Ranch Neighborhood

Estimated Value: $837,000 - $887,000

5 Beds
3.5 Baths
4,015 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $490,000 $122 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,886/month

2 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Vaulted Ceiling
  • Chaparral Elementary School Rated A-
  • 0.3 Acre Lot
  • Covered Patio or Porch

About This Home

As of August 2018

Nestled in the heart of Gilbert this home is perfect in every way. Grand entrance to oversized living space. Open kitchen with granite countertops and huge kitchen island.
One bedroom with a sitting area and ensuite full bath downstairs, 3 very large secondary bedrooms upstairs and luxurious master suite with a private deck. Oversized loft is a perfect game room.
The private back yard has mature trees and lush landscaping. Love to entertain? This unique floorpan offers great space for entertaining with a built in barbecue, amazing outdoor gas fire pit and conversation seating, large sparkling diving pool, water feature and plenty of grass for play. It's paradise in your own back yard.
The garage has and an extra 1/2 garage space for storage and a work bench. This home has been meticulously cared for loved by the owner. Now it's your turn to start making memories and enjoying every inch of this exquisite home

Last Agent to Sell the Property

Martha Kimsey Fuller

Good Oak Real Estate License #BR044056000 Listed on: 07/18/2018

Good Oak Real Estate

Last Buyer's Agent

Jennifer McGuire Henshaw

RE/MAX Professionals License #BR672610000

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,012

Year Built

  • Built in 2000

Lot Details

  • 0.3 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,015 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Playground

Schools

  • Higley Traditional Academy Elementary And Middle School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Tax Lot 238
  • Assessor Parcel Number 304-40-251

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,012

Year Built

Built in 2000

Lot Details

0

HOA Fees

$57 per month

Parking

3

Listing Details

  • Cross Street: Williams Field Rd. & 202 Fwy
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • 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
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2018
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2000
  • Tax Year: 2017
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.3
  • Subdivision Name: GATEWAY RANCH
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 122.04
  • 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
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4015.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Balcony
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 170.0
  • Association Fee Frequency: Quarterly
  • Association Name: Gateway Ranch
  • 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
  • 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
  • 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: Higley Traditional Academy
  • Middle Or Junior School: Higley Traditional Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12857.0
  • Parcel #: 304-40-251

Building Info

  • Builder Name: Beazer

Tax Info

  • Tax Annual Amount: 3012.0
  • Tax Book Number: 304.00
  • Tax Lot: 238
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 23, 2018
Sold by
Kempton Calvin K and Kempton Tiffany S
Bought by
Vargas Patricia L and Vargas Nefi A
Seller's Agent
Martha Kimsey Fuller
Good Oak Real Estate
Buyer's Agent
Jennifer McGuire Henshaw
RE/MAX Professionals
List Price
$487,500
Sold Price
$490,000
Premium/Discount to List
$2,500
0.51%
Current Estimated Value
$867,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,784
Avg. Annual Appreciation
8.16%
Original Mortgage
$451,250
Outstanding Balance
$390,256
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$477,528

Purchase Details

Closed on
Nov 18, 2014
Sold by
Kempton Calvin K and Kempton Tiffany S
Bought by
Kempton Living Trust

Purchase Details

Closed on
Aug 27, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kempton Calvin and Kempton Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,250
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2008
Sold by
Phoenix William E and Phoenix Diana D
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,250
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2006
Sold by
Phoenix Diana D
Bought by
Phoenix William E and Phoenix Diana D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 22, 2000
Sold by
Beazer Homes Sales Arizona Inc
Bought by
Phoenix William E and Phoenix Diana D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vargas Patricia L $490,000 Chicago Title Agency Inc
Kempton Living Trust -- None Available
Kempton Calvin $340,300 Servicelink
Wells Fargo Bank Na $365,824 Great American Title Agency
Phoenix William E -- None Available
Phoenix Diana D -- Transnation Title Ins Co
Phoenix William E $247,606 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 Vargas Patricia L $451,250
Previous Owner Kempton Calvin $323,250
Previous Owner Phoenix Diana D $70,000
Previous Owner Phoenix William E $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2018 08/28/18 Sold $490,000 +0.5% $122 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $487,500 -- $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 $3,172 $41,221 -- --
2024 $3,366 $39,258 -- --
2023 $3,366 $62,500 $12,500 $50,000
2022 $3,211 $45,210 $9,040 $36,170
2021 $3,285 $44,060 $8,810 $35,250
2020 $3,344 $39,720 $7,940 $31,780
2019 $3,239 $36,170 $7,230 $28,940
2018 $3,121 $34,370 $6,870 $27,500
2017 $3,012 $33,070 $6,610 $26,460
2016 $3,064 $32,680 $6,530 $26,150
2015 $2,674 $32,050 $6,410 $25,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5795255

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-40-251

Arizona Maricopa County Gilbert 85295 Gateway Ranch

2750 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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