NOT LISTED FOR SALE

3318 E Milky Way Gilbert, AZ 85295

Lyon's Gate Neighborhood

Estimated Value: $451,000 - $468,000

3 Beds
2.5 Baths
1,748 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $306,500 $175 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,663/month

2 Days on Market

Highlights

  • Private Yard
  • Community Pool
  • Dual Vanity Sinks in Primary Bathroom
  • Higley Traditional Academy Rated A
  • Eat-In Kitchen
  • Community Playground

About This Home

As of July 2020

Prime Gilbert Location in great family neighborhood makes this 3 bedroom, 2.5 bath, 2 car garage home a must see! Eat-in kitchen with granite counter tops, maple cabinets and stainless steel appliances. 20'' tiled floor and wood blinds throughout the house. Downstairs great room has a sliding door open to a covered patio in an extra large backyard with fruit trees. Laundry upstairs! Huge master suite offers two sinks, private toilet room, and his/hers closets! Excellent school district and close to Joe's Farm Grill, L.A. Fitness, San Tan Mall area, Top Golf, South 202, and much more!

Last Agent to Sell the Property

Jon Sherwood

Crossroads Brokerage License #BR101681000 Listed on: 06/27/2020

Co-Listed By

Michael Garren

Crossroads Brokerage License #SA660065000

Last Buyer's Agent

Sanjog Gopal

eXp Realty License #BR574137000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 2010

Lot Details

  • 3,813 Sq Ft Lot
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,748 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Higley High Middle School
  • Higley High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 313-11-380

Community Details

Overview

  • Association fees include ground maintenance
  • City Property Association, Phone Number (602) 437-4777
  • Built by WILLIAM LYON HOMES
  • Lyons Gate Phase 8 Replat Subdivision

Amenities

  • Recreation Room

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,014

Year Built

Built in 2010

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Cross Street: Higley and Ray
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 90.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2010
  • Tax Year: 2019
  • Directions: Take Higley south bound, pass Ray, turn left into Galveston at the light (by the high school), make the first right turn, and then left turn into Milky Way
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Co List Office Mls Id: cross01
  • Co List Office Phone: 480-766-6245
  • Subdivision Name: LYONS GATE PHASE 8 REPLAT
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 90.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Pantry, Full Bth Master Bdrm
  • Living Area: 1748.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: 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
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Security: Fire Sprinkler System
  • 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: 90.0
  • Association Fee Frequency: Monthly
  • Association Name: City Property
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: City Property
  • Association Fees:HOA Telephone4: 602 437 4777
  • 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

  • High School: Higley High School
  • Middle Or Junior School: Higley High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3813.0
  • Parcel #: 313-11-380

Building Info

  • Builder Name: WILLIAM LYON HOMES

Tax Info

  • Tax Annual Amount: 2014.0
  • Tax Book Number: 313.00
  • Tax Lot: 0
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2020
Closed on
Jul 28, 2020
Sold by
Cheng Victor Sheng Chang and Cheng Shirlykamolwan
Bought by
Gonzalez Berenice Flores
Seller's Agent
Jon Sherwood
Crossroads Brokerage
Buyer's Agent
Sanjog Gopal
eXp Realty
List Price
$305,000
Sold Price
$306,500
Premium/Discount to List
$1,500
0.49%
Current Estimated Value
$461,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,969
Avg. Annual Appreciation
8.17%
Original Mortgage
$300,948
Outstanding Balance
$269,947
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$189,786

Purchase Details

Closed on
Mar 15, 2011
Sold by
William Lyon Southwest Inc
Bought by
Cheng Victor S and Cheng Shirley K
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
Gonzalez Berenice Flores $306,500 Chicago Title Agency Inc
Cheng Victor S $140,773 Security Title Agency
William Lyon Southwest Inc -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gonzalez Berenice Flores $9,028
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $306,500 0.0% $175 / Sq Ft
06/30/2020 06/30/20 Price Changed $306,500 +0.5% $175 / Sq Ft
06/27/2020 06/27/20 For Sale $305,000 0.0% $174 / Sq Ft
01/01/2017 01/01/17 Rented $1,300 0.0% --
12/09/2016 12/09/16 Price Changed $1,300 -1.9% $1 / Sq Ft
12/01/2016 12/01/16 For Rent $1,325 +3.9% --
05/01/2015 05/01/15 Rented $1,275 0.0% --
04/04/2015 04/04/15 Under Contract -- -- --
03/26/2015 03/26/15 For Rent $1,275 +2.0% --
10/01/2013 10/01/13 Rented $1,250 0.0% --
09/23/2013 09/23/13 Under Contract -- -- --
09/06/2013 09/06/13 For Rent $1,250 -- --
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 $1,510 $22,081 -- --
2024 $1,772 $21,029 -- --
2023 $1,772 $33,360 $6,670 $26,690
2022 $1,694 $25,510 $5,100 $20,410
2021 $1,741 $22,470 $4,490 $17,980
2020 $2,074 $21,600 $4,320 $17,280
2019 $2,014 $19,270 $3,850 $15,420
2018 $1,947 $17,930 $3,580 $14,350
2017 $1,883 $16,670 $3,330 $13,340
2016 $1,904 $16,260 $3,250 $13,010
2015 $1,673 $15,960 $3,190 $12,770
Source: Public Records

Agents Affiliated with this Home

  • Jon Sherwood

    Seller's Agent in 2020

    Jon Sherwood

    Crossroads Brokerage

    (480) 766-6245

    335 Total Sales

    Jon Sherwood
    Section Image
  • Michael Garren

    Seller Co-Listing Agent in 2020

    Michael Garren

    Crossroads Brokerage

    (480) 284-3069

    121 Total Sales

    Michael Garren
    Section Image
  • Sanjog Gopal

    Buyer's Agent in 2020

    Sanjog Gopal

    eXp Realty

    (602) 770-6574

    166 Total Sales

    Sanjog Gopal
    Section Image

  • N

    Buyer's Agent in 2017

    Non-MLS Agent

    Non-MLS Office

  • Ryan Gehris

    Seller's Agent in 2015

    Ryan Gehris

    Usrealty Estate Brokerage LLC

    (866) 807-9087

    2,126 Total Sales

    Ryan Gehris
    Section Image

  • J

    Buyer's Agent in 2013

    Jim Overson

    Realty One Group

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6096260

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-11-380

Arizona Maricopa County Gilbert 85295 Lyon's Gate

3318 E Milky Way, Gilbert, AZ

This home is located at 3318 E Milky Way, Gilbert, AZ 85295 since 27 June 2020 and is currently estimated at $461,469, approximately $263 per square foot. This property was built in 2010. 3318 E Milky Way is a home located in Maricopa County with nearby schools including Higley Traditional Academy, 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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