NOT LISTED FOR SALE

3318 E Milky Way Gilbert, AZ 85295

Lyon's Gate Neighborhood

Estimated Value: $446,000 - $472,618

3 Beds
2.5 Baths
1,748 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 30, 2020

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

Est. 53% increase in value since last sale

Current estimated payment $2,620/month

2 Days on Market

Highlights

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

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

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,748 Sq Ft Home
  • 2-Story Property
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Higley High Elementary And Middle School
  • Higley High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 313-11-380

Community Details

Overview

  • Property has a Home Owners Association
  • City Property Association, Phone Number (602) 437-4777
  • Built by WILLIAM LYON HOMES
  • Lyons Gate Phase 8 Replat Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Playground
  • Heated Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,014

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Higley and Ray
  • Property Type: Residential
  • 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 - Detached
  • 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
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 90.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Fire Sprinklers, Pantry, Double Vanity, Full Bth Master Bdrm
  • Living Area: 1748.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • 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: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Pool, Playground, Biking/Walking Path, Clubhouse
  • Amenities: Management
  • 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

Schools

  • Elementary School: Higley High School
  • 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
  • ResoLotSizeUnits: SquareFeet

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%
Total Days on Market
2
Current Estimated Value
$469,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,486
Avg. Annual Appreciation
8.96%
Original Mortgage
$300,948
Outstanding Balance
$269,947
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$195,458

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

Similar Homes in the area

  • 3530 S Bandit Rd, Gilbert, AZ 85297

    $465,000

    • 3 Beds
    • 2.5 Baths
    • 2,105 Sq Ft
    • 3530 S Bandit Rd
    • Gilbert, AZ

    MOST AFFORDABLE 3 BED STARTER HOME IN POWER RANCH!! Looking for a home that's stylish, low-maintenance, and in a community packed with things to do? Clean and ready to move in, this 3 bed, 2.5 bath gem in The Knolls at Power Ranch has all the right vibes for family living and easy entertaining at a value! One of the best features? A sliding wall of glass that opens up your living space and brings

    Bijan Dastmalchian Venture REI, LLC

    Section Image
  • 2558 S Martingale Rd, Gilbert, AZ 85295

    $500,000

    • 3 Beds
    • 2 Baths
    • 1,623 Sq Ft
    • 2558 S Martingale Rd
    • Gilbert, AZ

    LOCATION , LOCATION, LOCATION! 6 Minutes away from San Tan Village, Pool Home. Welcome to this beautifully cared-for 3-bedroom, 2-bathroom home nestled in the sought-after Chaparral Estates East community. Step inside to a well-designed split floor plan that offers both comfort and privacy for everyday living.Outside, unwind or entertain in the peaceful backyard oasis—your own private escape,

    Aurora Munoz My Home Group Real Estate

    Section Image
  • 3476 E Orchid Ln, Gilbert, AZ 85296

    $499,900

    • 3 Beds
    • 2.5 Baths
    • 1,989 Sq Ft
    • 3476 E Orchid Ln
    • Gilbert, AZ

    Welcome to Higley Park in the heart of Gilbert; shopping, dining and entertainment all within walking distance! 3BD/2.5BA floorplan with low interest rate financing option for lower payments! Community pool and splash pad 1/2 block away. Picky? This one is for you! No more dirty overpriced homes...Interior feels like home w/ natural light through shutters showcasing the massive open concept

    Alexander Prewitt Real Broker

    Section Image
  • 2865 E Cathy Dr, Gilbert, AZ 85296

    $480,000

    • 3 Beds
    • 2 Baths
    • 1,648 Sq Ft
    • 2865 E Cathy Dr
    • Gilbert, AZ

    GREAT GILBERT LOCATION. This beautiful 3 bed, 2 bath residence in Rancho Corona located minutes from all that Gilbert has to offer. Inside you will find plenty of space the living room are and family room w/tile flooring, high ceilings, and custom palette throughout. The kitchen offers ample counter space, a pantry, stainless steel appliances, recessed lighting, and an island complete w/a

    Gary Smith Keller Williams Integrity First

    Section Image
  • 4349 E Windsor Ct, Gilbert, AZ 85296

    $565,000

    • 3 Beds
    • 2.5 Baths
    • 2,285 Sq Ft
    • 4349 E Windsor Ct
    • Gilbert, AZ

    Nestled on a quiet cul-de-sac, this just-remodeled home is move-in ready and waiting for you. The open-concept kitchen boasts quartz countertops, stainless steel appliances, and a spacious pantry—perfect for everyday living and entertaining. Upstairs, a generous loft offers versatile space ideal for a home gym, media room, artist's studio or play area. You'll also find three comfortable bedrooms

    Cara Dankberg Compass

    Section Image
  • 4149 E Devon Dr, Gilbert, AZ 85296

    $479,000

    • 3 Beds
    • 2.5 Baths
    • 2,094 Sq Ft
    • 4149 E Devon Dr
    • Gilbert, AZ

    Welcome to your beautifully updated home in Copper Ranch!Freshly repainted inside and out, this move-in-ready gem also features new luxury vinyl plank flooring and plush carpet throughout. The spacious, open floor plan offers versatility and comfort, including a main-floor den that can easily be converted into a 4th bedroom to suit your needs.The large kitchen is a true standout, boasting an

    Mike Mazzucco My Home Group Real Estate

    Section Image
  • 1522 E Cheyenne St, Gilbert, AZ 85296

    $525,000

    • 3 Beds
    • 2 Baths
    • 1,655 Sq Ft
    • 1522 E Cheyenne St
    • Gilbert, AZ

    Amazing lot in Val Vista with extended backyard and resort-like pool w/ waterfall, lush grassy area and palm trees. Home has covered patio and two entrances from the home to overlook this oasis! Wonderful floor plan with 3 bed/2 baths, kitchen with island, pantry and breakfast nook overlooking family room with fireplace, front rooms for formal living or dining/entertainment. Primary bedroom

    Robyn Bernzott eXp Realty

    Section Image
  • 384 N Scott Dr, Chandler, AZ 85225

    $559,000

    • 3 Beds
    • 2 Baths
    • 1,757 Sq Ft
    • 384 N Scott Dr
    • Chandler, AZ

    New Price 🌟 Right on the Chandler/Gilbert border, a 4 Bedroom home with a New Remodeled Pool, Paid-Off Solar,Upgraded Floors & Kitchen! Spacious move-in ready open-concept layout makes this home feel more like 2000 sf. Modern tile flooring, remodeled Kitchen with granite countertops, stainless steel appliances, & generously sized bedrooms. Primary suite with walk-in closet, dual sinks (in

    Edith 'Eydie' Fernandez HomeSmart

    Section Image
  • 3886 E Ficus Way, Gilbert, AZ 85298

    $589,000

    • 3 Beds
    • 2 Baths
    • 2,173 Sq Ft
    • 3886 E Ficus Way
    • Gilbert, AZ

    Beautiful home built in 2014 with stunning curb appeal and mature landscaping in The Bridges at Gilbert. Inside, enjoy 10' flat ceilings, custom built-ins, plantation shutters, and an open-concept layout perfect for entertaining. The gourmet kitchen features granite countertops, stainless appliances, 5-burner gas cooktop, double ovens, and a stylish chimney hood. The spacious primary suite offers

    Charlotte Young Realty ONE Group

    Section Image
See All Homes in Gilbert

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Open Gonzalez Berenice Flores $62,291
Open Gonzalez Berenice Flores $300,948
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

    1 in this area

    364 Total Sales

    Jon Sherwood
    Section Image
  • Michael Garren

    Seller Co-Listing Agent in 2020

    Michael Garren

    Crossroads Brokerage

    (480) 284-3069

    1 in this area

    152 Total Sales

    Michael Garren
    Section Image
  • Sanjog Gopal

    Buyer's Agent in 2020

    Sanjog Gopal

    eXp Realty

    (602) 770-6574

    1 in this area

    178 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

    2,298 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 $465,405, approximately $266 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

Nearby Homes