NOT LISTED FOR SALE

3492 E Milky Way Gilbert, AZ 85295

Lyon's Gate Neighborhood

Estimated Value: $452,000 - $479,000

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

Last Sold May 11, 2015

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

Est. 133% increase in value since last sale

Current estimated payment $2,833/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
  • Fire Sprinkler System

Kitchen

  • 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

  • Refrigerated Cooling System
  • 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 - Detached
  • Horses: No
  • Lot Size Acres: 0.07
  • Subdivision Name: Lyons Gate
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 90.0
  • 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: Upstairs, 9+ Flat Ceilings, Fire Sprinklers, Pantry, 3/4 Bath Master Bdrm, Double Vanity, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 1748.0
  • Stories: 2
  • Window Features: Sunscreen(s), Dual Pane, ENERGY STAR Qualified Windows, Low-E
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: 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
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Front, Corner Lot, Gravel/Stone Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • 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: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, 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
  • Junior High Dist: Higley Unified District
  • Middle Or Junior School: Cooley Middle School

Lot Info

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

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%
Total Days on Market
24
Current Estimated Value
$465,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,213
Avg. Annual Appreciation
8.69%
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

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
  • 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
  • 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
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
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 $447,300
Closed Adams Gary R $242,961
Closed 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

    49 Total Sales

    Mike Caruso
    Section Image
  • Jason Liborio

    Buyer's Agent in 2015

    Jason Liborio

    HomeSmart

    (480) 540-4552

    15 Total Sales

    Jason Liborio
    Section Image
See All Agents

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 $464,551, approximately $265 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

Nearby Homes