NOT LISTED FOR SALE

3492 E Milky Way Gilbert, AZ 85295

Lyon's Gate Neighborhood

Estimated Value: $451,000 - $478,000

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

Last Sold May 11, 2015

Last sale price $200,000 $114 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,683/month

24 Days on Market

Highlights

  • Santa Barbara Architecture
  • Corner Lot
  • Heated Community Pool
  • Higley Traditional Academy Rated A
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of May 2015

Newer Lyons Gate home with upgraded options throughout. This corner Lot Home has no neighbors on the North side. The floor-plan includes a great room with and open Kitchen which includes a small breakfast bar area, granite countertops, all stainless steal appliances and plenty of cabinet and counter space. A huge master suite big enough for a bed and sitting area, and two separate closets. One is a large walk-in. All bedrooms and laundry are upstairs. Washer/Dryer and Refrigerator are included. Front yard is taken care of by community. Back yard is a nice size and low maintenance. Refreshing community pool nearby and play park just steps from your door. Elementary school and High School are within close walking distance.

Last Agent to Sell the Property

Mike Caruso

HomeSmart License #SA540586000 Listed on: 03/05/2015

HomeSmart

Last Buyer's Agent

Jason Liborio

HomeSmart License #SA115064000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 2010

Lot Details

  • 3,158 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Front Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,748 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Solar Screens

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

  • Higley Traditional Academy Elementary School
  • Cooley Middle School
  • Williams Field High School

Utilities

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

Listing and Financial Details

  • Tax Lot 1656
  • Assessor Parcel Number 304-46-537

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • City Property Mgnt Association, Phone Number (602) 437-4777
  • Built by William Lyons
  • Lyons Gate Subdivision

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,348

Year Built

Built in 2010

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Cross Street: Higley & Ray
  • 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: 90.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2010
  • Tax Year: 2014
  • Directions: S on Higley. E on Galveston. S on Buckaroo St. E on Milky Way. Park on Street. Home is on third one back.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.07
  • Subdivision Name: Lyons Gate
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 90.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, 9+ Flat Ceilings, Pantry, 3/4 Bath Master Bdrm, Separate Shwr & Tub
  • Living Area: 1748.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane, ENERGY STAR Qualified Windows
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Corner Lot, Gravel/Stone Front, Grass Back
  • Pool Features: None
  • 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
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • 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 Spa, Community Spa Htd, Community Pool Htd, Community Pool, Biking/Walking Path
  • Association Fee: 90.0
  • Association Fee Frequency: Monthly
  • Association Name: city property mgnt
  • 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 mgnt
  • Association Fees:HOA Telephone4: 6024374777
  • 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_: $
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint

Schools

  • Elementary School: Higley Traditional Academy
  • High School: Williams Field High School
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3158.0
  • Parcel #: 304-46-537

Building Info

  • Builder Name: William Lyons

Tax Info

  • Tax Annual Amount: 1348.0
  • Tax Book Number: 304.00
  • Tax Lot: 1656
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2015
Closed on
May 5, 2015
Sold by
Martinez Oscar
Bought by
Adams Gary R
Seller's Agent
Mike Caruso
HomeSmart
Buyer's Agent
Jason Liborio
HomeSmart
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%
Current Estimated Value
$461,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,863
Avg. Annual Appreciation
8.44%
Original Mortgage
$206,083
Interest Rate
3.64%
Mortgage Type
VA

Purchase Details

Closed on
Oct 11, 2010
Sold by
William Lyon Southwest Inc
Bought by
Martinez Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,409
Interest Rate
4.31%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Adams Gary R $199,500 Magnus Title Agency
Martinez Oscar $143,315 Security Title Agency
William Lyon Southwest Inc -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Gary R $206,083
Previous Owner Martinez Oscar $141,409
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2015 05/11/15 Sold $200,000 -2.4% $114 / Sq Ft
03/29/2015 03/29/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $205,000 0.0% $117 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $205,000 -- $117 / 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 $1,733 $21,567 -- --
2024 $1,728 $20,540 -- --
2023 $1,728 $32,570 $6,510 $26,060
2022 $1,653 $25,000 $5,000 $20,000
2021 $1,699 $22,010 $4,400 $17,610
2020 $1,732 $21,120 $4,220 $16,900
2019 $1,684 $18,850 $3,770 $15,080
2018 $1,626 $17,520 $3,500 $14,020
2017 $1,561 $16,310 $3,260 $13,050
2016 $1,553 $15,860 $3,170 $12,690
2015 $1,386 $15,580 $3,110 $12,470
Source: Public Records

Agents Affiliated with this Home

  • Mike Caruso

    Seller's Agent in 2015

    Mike Caruso

    HomeSmart

    (480) 201-3700

    48 Total Sales

    Mike Caruso
    Section Image
  • Jason Liborio

    Buyer's Agent in 2015

    Jason Liborio

    HomeSmart

    (480) 540-4552

    13 Total Sales

    Jason Liborio
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5245918

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-46-537

Arizona Maricopa County Gilbert 85295 Lyon's Gate

3492 E Milky Way, Gilbert, AZ

This home is located at 3492 E Milky Way, Gilbert, AZ 85295 since 05 March 2015 and is currently estimated at $461,863, approximately $264 per square foot. This property was built in 2010. 3492 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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