NOT LISTED FOR SALE

3502 E Milky Way Gilbert, AZ 85295

Lyon's Gate Neighborhood

Estimated Value: $469,059 - $491,000

3 Beds
2.5 Baths
1,884 Sq Ft
$256/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $240,000 $127 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,705/month

Highlights

  • Spanish Architecture
  • Granite Countertops
  • Covered Patio or Porch
  • Higley Traditional Academy Rated A
  • Community Pool
  • Double Pane Windows

About This Home

As of May 2020

DESIRED LYONS GATE GILBERT LOCATION, EASY ACCESS TO FREEWAY, SCHOOLS & SHOPPING, INTERIOR LOT, NEAT & CLEAN 3 BEDROOM W/DEN, 2.5 BATH, SPACIOUS GREAT ROOM 1884 SQUARE FOOT FLOOR PLAN, NEUTRAL COLORS, UPGRADED CARPET & CERAMIC TILE, OPEN KITCHEN W/STAINLESS APPLIANCE & GRANITE COUNTER TOPS, WASHER & DRYER, WATER FILTRATION SYSTEM & SOFT WATER THROUGHOUT, LARGE MASTER BEDROOM UPSTAIRS W/DBL SINKS & WALK-IN CLOSET, 2ND & 3RD BEDROOMS/HALL BATH UPSTAIRS, 4TH BEDROOM/DEN DOWNSTAIRS W/HALF BATH, EASY CARE LANDSCAPING W/ARTIFICIAL TURF, PRIVATE YARD & PATIO, COMMUNITY POOL & PARKS, 2 CAR GARAGE, COME SEE ALL THIS HOME HAS TO OFFER, FIGS & MEAS APPROX

Last Agent to Rent the Property

Allyn Barnum

eXp Realty License #SA027791000 Listed on: 03/01/2020

eXp Realty

Last Renter's Agent

Raquel Vidal

My Home Group Real Estate License #SA682750000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,796

Year Built

  • Built in 2010

Lot Details

  • 2,989 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,884 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

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

  • Property Available on 4/1/20
  • 12-Month Minimum Lease Term
  • Tax Lot 1658
  • Assessor Parcel Number 304-46-539

Community Details

Overview

  • Property has a Home Owners Association
  • Lyons Gate Association, Phone Number (602) 437-4777
  • Built by WILLIAM LYON
  • Lyons Gate Phase 9 Subdivision, Neat & Clean Floorplan

Recreation

  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,796

Year Built

Built in 2010

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2020-04-01

Listing Details

  • Cross Street: HIGLEY & RAY
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2010
  • Rental Info H O A Name: LYONS GATE
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Directions: SOUTH ON HIGLEY TO GALVESTON, EAST TO BUCKAROO, SOUTH TO MILKY WAY.
  • Master Model: NEAT & CLEAN
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.07
  • Subdivision Name: LYONS GATE PHASE 9
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1884.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Synthetic Grass Back
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Biking/Walking Path
  • Association Name: LYONS GATE
  • Phone: 602-437-4777
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

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

Lot Info

  • Lot Size Sq Ft: 2989.0
  • Parcel #: 304-46-539

Building Info

  • Builder Name: WILLIAM LYON

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 1658
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
Mar 22, 2017
Sold by
Cuda Kelley L
Bought by
Barnum Bernard Boyer and Barnum Marjorie Jane
Seller's Agent
Allyn Barnum
eXp Realty
Buyer's Agent
Cindy Smith
Realty ONE Group
Sold Price
$1,450
Current Estimated Value
$481,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,315
Avg. Annual Appreciation
8.58%
Original Mortgage
$78,300
Outstanding Balance
$65,820
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$417,597

Purchase Details

Closed on
Jan 13, 2011
Sold by
William Lyon Southwest Inc
Bought by
Cuda Kelley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,704
Interest Rate
4.43%
Mortgage Type
FHA
Source: Public Records

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
Barnum Bernard Boyer $240,000 Old Republic Title Agency
Cuda Kelley L $145,390 Security Title Agency
William Lyon Southwest Inc -- Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnum Bernard Boyer $78,300
Previous Owner Cuda Kelley L $141,704
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Rented $1,695 0.0% --
04/22/2020 04/22/20 Under Contract -- -- --
03/01/2020 03/01/20 For Rent $1,695 +16.9% --
04/07/2017 04/07/17 Rented $1,450 0.0% --
04/06/2017 04/06/17 Under Contract -- -- --
03/31/2017 03/31/17 Off Market $1,450 -- --
03/29/2017 03/29/17 Sold $240,000 0.0% $127 / Sq Ft
03/29/2017 03/29/17 For Rent $1,450 0.0% --
02/17/2017 02/17/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $243,000 -- $129 / 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 $1,796 $22,440 -- --
2024 $2,134 $21,371 -- --
2023 $2,134 $33,430 $6,680 $26,750
2022 $2,051 $25,710 $5,140 $20,570
2021 $2,076 $22,670 $4,530 $18,140
2020 $2,107 $21,810 $4,360 $17,450
2019 $2,052 $19,450 $3,890 $15,560
2018 $1,987 $18,110 $3,620 $14,490
2017 $1,914 $16,950 $3,390 $13,560
2016 $1,615 $16,480 $3,290 $13,190
2015 $1,442 $16,210 $3,240 $12,970
Source: Public Records

Agents Affiliated with this Home

  • Allyn Barnum

    Landlord's Agent in 2020

    Allyn Barnum

    eXp Realty

    (602) 369-6000

    52 Total Sales

    Allyn Barnum
    Section Image
  • Raquel Vidal

    Tenant's Agent in 2020

    Raquel Vidal

    My Home Group Real Estate

    (602) 663-3000

    56 Total Sales

    Raquel Vidal
    Section Image

  • P

    Seller's Agent in 2017

    Pam Race

    HomeSmart

    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Christy Simonson

    HomeSmart

  • C

    Buyer's Agent in 2017

    Cindy Smith

    Realty One Group

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6044253

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-46-539

Arizona Maricopa County Gilbert 85295 Lyon's Gate

3502 E Milky Way, Gilbert, AZ

This home is located at 3502 E Milky Way, Gilbert, AZ 85295 since 01 March 2020 and is currently priced at $481,765. This property was built in 2010. 3502 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