4052 E Milky Way Gilbert, AZ 85295
Higley NeighborhoodEstimated payment $3,479/month
Highlights
- Santa Fe Architecture
- Bonus Room
- Fenced Community Pool
- Gateway Pointe Elementary School Rated A-
- Granite Countertops
- Breakfast Area or Nook
About This Home
A rare BASEMENT home in an ideal location, quietly tucked into a welcoming community yet just minutes from top schools, shopping & restaurants. This turnkey updated home offers just under 2,600 sqft w/ 4 bedrooms, 3.5 baths & a rare basement designed for real living, featuring a dedicated theater space or bonus living area, bedroom, and bath, perfect for movie nights, guests, or multi-use living. Upstairs, a functional open layout, & a kitchen w/ granite countertops, breakfast bar & bright dining area w/ glass sliding door leading to the backyard. The spacious primary suite includes a large walk-in closet & a well-appointed bath w/ dual sinks & separate tub. Recent upgrades include custom paneling throughout & new AC unit for added comfort & efficiency. Short term leasing is permitted. Outside, enjoy fruit trees & a low-maintenance yard w/ new turf, ideal for easy Arizona living. The community offers a pool, parks, & sports courts, creating a neighborhood feel while remaining peaceful & mature landscaping. This home blends space, flexibility, & lifestyle in a setting that's hard to find and just right.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,761
Year Built
- Built in 2008
Lot Details
- 4,175 Sq Ft Lot
- Desert faces the front and back of the property
- Block Wall Fence
- Artificial Turf
- Front and Back Yard Sprinklers
- Grass Covered Lot
HOA Fees
- $126 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
Home Design
- Santa Fe Architecture
- Wood Frame Construction
- Tile Roof
- Stucco
Interior Spaces
- 2,573 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Double Pane Windows
- Family or Dining Combination
- Bonus Room
- Finished Basement
- Basement Fills Entire Space Under The House
- Security System Owned
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Built-In Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Upstairs
- Split Bedroom Floorplan
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Double Vanity
- Private Water Closet
- Separate Shower in Primary Bathroom
- Bathtub With Separate Shower Stall
Laundry
- Laundry in unit
- 220 Volts In Laundry
- Washer Hookup
Eco-Friendly Details
- North or South Exposure
Schools
- Gateway Pointe Elementary School
- Cooley Middle School
- Williams Field High School
Utilities
- Cooling System Updated in 2025
- Zoned Heating and Cooling System
- Programmable Thermostat
- 220 Volts in Kitchen
- Satellite Dish
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 304-43-328
Community Details
Overview
- Association fees include ground maintenance
- Metro Property Servi Association, Phone Number (480) 967-7182
- Built by K. Hovnanian Homes
- Willows Subdivision
Recreation
- Community Playground
- Fenced Community Pool
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,761 | $23,461 | -- | -- |
| 2024 | $1,889 | $22,344 | -- | -- |
| 2023 | $1,889 | $35,380 | $7,070 | $28,310 |
| 2022 | $1,806 | $26,030 | $5,200 | $20,830 |
| 2021 | $1,857 | $24,020 | $4,800 | $19,220 |
| 2020 | $1,891 | $22,870 | $4,570 | $18,300 |
| 2019 | $1,831 | $20,300 | $4,060 | $16,240 |
| 2018 | $1,765 | $19,010 | $3,800 | $15,210 |
| 2017 | $1,703 | $17,960 | $3,590 | $14,370 |
| 2016 | $2,282 | $17,510 | $3,500 | $14,010 |
| 2015 | $1,783 | $17,230 | $3,440 | $13,790 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/13/2026 03/13/26 | Price Changed | $600,000 | 0.0% | $233 / Sq Ft | |
| 03/13/2026 03/13/26 | For Sale | $600,000 | -1.6% | $233 / Sq Ft | |
| 03/13/2026 03/13/26 | Off Market | $610,000 | -- | -- | |
| 02/20/2026 02/20/26 | For Sale | $610,000 | +144.0% | $237 / Sq Ft | |
| 01/24/2014 01/24/14 | Sold | $250,000 | +0.8% | $100 / Sq Ft | View Prior Sale |
| 12/17/2013 12/17/13 | Pending | -- | -- | -- | |
| 12/11/2013 12/11/13 | For Sale | $248,000 | +32.5% | $99 / Sq Ft | |
| 11/06/2013 11/06/13 | Sold | $187,133 | -9.6% | $99 / Sq Ft | View Prior Sale |
| 09/19/2013 09/19/13 | Pending | -- | -- | -- | |
| 09/18/2013 09/18/13 | For Sale | $207,000 | 0.0% | $110 / Sq Ft | |
| 09/18/2013 09/18/13 | Price Changed | $207,000 | -10.0% | $110 / Sq Ft | |
| 09/10/2013 09/10/13 | Pending | -- | -- | -- | |
| 07/30/2013 07/30/13 | For Sale | $230,000 | -- | $122 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Security Title Agency | |
| Warranty Deed | $250,000 | Security Title Agency | |
| Special Warranty Deed | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | -- | None Available | |
| Trustee Deed | $301,505 | None Available | |
| Special Warranty Deed | $271,004 | Security Title Agency Inc | |
| Cash Sale Deed | $157,304 | Security Title Agency | |
| Quit Claim Deed | -- | Security Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,000 | New Conventional | |
| Closed | $225,000 | New Conventional | |
| Previous Owner | $266,750 | FHA |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6987226
APN: 304-43-328
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.
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
- 2089 S Olympic Dr
- 3934 E Turley St
- 1952 S Follett Way
- 4188 E Tulsa St
- 4018 E Harrison St
- 4226 E Tulsa St
- 3909 E Perkinsville St
- 3871 E Loma Vista St
- 4261 E Milky Way
- 3859 E Bart St
- 3843 E Turley St
- 4049 E Toledo St Unit 105
- 4154 E Pony Ln
- 4302 E Carla Vista Dr
- 2245 S Wallrade Ln
- 3806 E Robert St
- 4306 E Erie St
- 2060 S Agnes Ln
- 3684 E Ebano St
- 2247 S Agnes Ln
- 4055 E Tulsa St
- 4058 E Carla Vista Dr
- 1954 S Follett Way
- 4201 E Carla Vista Dr
- 4212 E Vest Ave
- 3939 E Vest Ave
- 4164 E Toledo St
- 4212 E Erie St
- 4132 E Pony Ln
- 4289 E Carla Vista Dr
- 4043 E Pony Ln Unit 104
- 3725 E Turley St
- 2264 S Osborn Ln
- 4210 E Williams Field Rd
- 4377 E Toledo St
- 1784 S Falcon Dr
- 3700 E Williams Field Rd
- 3915 E Liberty Ln
- 3700 E Williams Field Rd Unit 3
- 3700 E Williams Field Rd Unit 2
Ask me questions while you tour the home.