NOT LISTED FOR SALE

3501 E Milky Way Gilbert, AZ 85295

Lyon's Gate Neighborhood

Estimated Value: $539,608 - $552,000

3 Beds
2.5 Baths
2,356 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $250,000 $106 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,098/month

2 Days on Market

Highlights

  • Spanish Architecture
  • Corner Lot
  • Private Yard
  • Higley Traditional Academy Rated A
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of July 2013

Lovely home on Premium Lot in Acacia at Lyons Gate. 3 bedroom, 2.5 bath home with a loft. 2391 sq ft. Kitchen includes stainless steel appliances and granite counter tops. Washer and Dryer included. Landscaped lot with fruit trees. Built in 2012. Community Pool... Within walking distance of Williams Field High School. Traditional Sale.

Last Agent to Sell the Property

Victoria Lawrence

Solutions Real Estate License #SA580824000 Listed on: 07/03/2013

Last Buyer's Agent

Elaine Ho-Wan

DPR Realty LLC License #SA575544000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $191

Year Built

  • Built in 2012

Lot Details

  • 4,398 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,356 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Low Emissivity Windows

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1719
  • Assessor Parcel Number 304-46-600

Community Details

Overview

  • Property has a Home Owners Association
  • Built by William Lyons
  • Acacia At Lyons Gate Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$191

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Higley and Ray
  • Legal Info Range: 6E
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 60.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2012
  • Tax Year: 2012
  • Directions: South on Higley...East on Galveston...South on Buckaroo...East on Milky Way to property.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.1
  • Subdivision Name: Acacia at Lyons Gate
  • Architectural Style: Spanish
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 60.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone, Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 2356.0
  • Stories: 2
  • Window Features: Low Emissivity Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground, Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: None, Other (See Remarks)
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: unknown
  • Phone: 0
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: unknown
  • Association Fees:HOA Telephone4: 0
  • 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:Street Maint: Yes

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4398.0
  • Parcel #: 304-46-600
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: William Lyons

Tax Info

  • Tax Annual Amount: 191.0
  • Tax Book Number: 304.00
  • Tax Lot: 1719
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2014
Sold by
Luc Dong T and Vo Thu A
Bought by
Luc Chung
Current Estimated Value
$543,902

Purchase Details

Listed on
Jul 3, 2013
Closed on
Jul 23, 2013
Sold by
Clark Lori H
Bought by
Luc Dong T and Vo Thu A
Seller's Agent
Victoria Lawrence
Solutions Real Estate
Buyer's Agent
Elaine Ho-Wan
DPR Realty LLC
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$168,000
Outstanding Balance
$124,033
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$428,024

Purchase Details

Listed on
Mar 22, 2012
Closed on
Mar 8, 2012
Sold by
William Lyon Southwest Inc
Bought by
Clark Lori H
Seller's Agent
Victoria Lawrence
Solutions Real Estate
Buyer's Agent
Rose Okorie
HomeSmart
Sold Price
$1,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Luc Chung -- None Available
Luc Dong T $250,000 Title365 Agency
Clark Lori H $178,180 Security Title Agency
William Lyon Southwest Inc -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luc Dong T $168,000
Previous Owner Clark Lori H $142,500
Previous Owner William Lyon Homes Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $250,000 -3.5% $106 / Sq Ft
07/05/2013 07/05/13 Pending -- -- --
07/03/2013 07/03/13 For Sale $259,000 0.0% $110 / Sq Ft
04/20/2012 04/20/12 Rented $1,425 -3.7% --
04/17/2012 04/17/12 Under Contract -- -- --
03/22/2012 03/22/12 For Rent $1,480 -- --
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 $2,576 $26,951 -- --
2024 $2,566 $25,668 -- --
2023 $2,566 $39,550 $7,910 $31,640
2022 $2,467 $30,110 $6,020 $24,090
2021 $2,496 $27,030 $5,400 $21,630
2020 $2,533 $25,810 $5,160 $20,650
2019 $2,467 $23,150 $4,630 $18,520
2018 $2,389 $21,720 $4,340 $17,380
2017 $2,301 $20,320 $4,060 $16,260
2016 $2,329 $19,850 $3,970 $15,880
2015 $2,046 $19,470 $3,890 $15,580
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2013

    Victoria Lawrence

    Solutions Real Estate

  • E

    Buyer's Agent in 2013

    Elaine Ho-Wan

    DPR Realty

  • R

    Buyer's Agent in 2012

    Rose Okorie

    HomeSmart

    (480) 994-0800

    Rose Okorie
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4962304

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-46-600

Arizona Maricopa County Gilbert 85295 Lyon's Gate

3501 E Milky Way, Gilbert, AZ

This home is located at 3501 E Milky Way, Gilbert, AZ 85295 since 03 July 2013 and is currently estimated at $543,902, approximately $230 per square foot. This property was built in 2012. 3501 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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