NOT LISTED FOR SALE

4116 E Milky Way Gilbert, AZ 85295

Higley Neighborhood

Estimated Value: $424,000 - $466,000

3 Beds
2.5 Baths
1,883 Sq Ft
$239/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $305,000 $162 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,620/month

4 Days on Market

Highlights

  • Santa Barbara Architecture
  • Private Yard
  • 2 Car Direct Access Garage
  • Gateway Pointe Elementary School Rated A-
  • Community Pool
  • Eat-In Kitchen

About This Home

As of June 2020

Great curb appeal with welcoming elevated porch * Perfectly upgraded with staggered tile, Corian counters, modern white cabinets and cool tone paint * Kitchen nook with Bay window and built-in desk in upstairs loft * Desirable lot across the street from community park and no neighbors behind you * Low-maintenance backyard with extensive paver coverage, decorative planter edging and firepit * Enjoy a post-quarantine dip in one of the two community pools * Within minutes of shopping, dining and community amenities * And who wouldn't want to live on a street named Milky Way?!? Don't miss the 3D tour on the photos tab!

Last Agent to Sell the Property

Christopher Kraemer

Realty ONE Group License #SA653301000 Listed on: 05/05/2020

Last Buyer's Agent

Lauren Rosin

eXp Realty License #BR558852000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,806

Year Built

  • Built in 2009

Lot Details

  • 3,757 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $106 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,883 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

  • Gateway Elementary School
  • Cooley Middle School
  • Williams Field High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 304-43-337

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • City Property Manage Association, Phone Number (602) 437-4777
  • Built by K. Hovnanian
  • Willows Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,806

Year Built

Built in 2009

Lot Details

0

HOA Fees

$106 per month

Parking

2

Listing Details

  • Cross Street: Ray Rd & Recker Rd
  • Legal Info Range: 6E
  • 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: 106.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2009
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: WILLOWS
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 161.98
  • Association Fees:HOA Fee2: 106.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Upstairs, Eat-in Kitchen, Breakfast Bar, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1883.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, Tinted Windows
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail, Vicinity of an Airport
  • Construction Type: Stucco, Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Playground, Biking/Walking Path
  • Association Fee: 106.0
  • Association Fee Frequency: Monthly
  • Association Name: The Willows in Gilbe
  • 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: The Willows in Gilbe
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Manage
  • 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: Gateway School
  • High School: Williams Field High School
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3757.0
  • Parcel #: 304-43-337

Building Info

  • Builder Name: K. Hovnanian

Tax Info

  • Tax Annual Amount: 1806.0
  • Tax Book Number: 304.00
  • Tax Lot: 14
  • Tax Map Number: 43.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Jun 4, 2020
Sold by
Palmer Michael Ray and Palmer Amy Karen
Bought by
Reinhardt Cathy
Seller's Agent
Christopher Kraemer
Realty ONE Group
Buyer's Agent
Lauren Rosin
eXp Realty
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$450,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,796
Avg. Annual Appreciation
7.32%
Original Mortgage
$289,750
Outstanding Balance
$256,841
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$193,955

Purchase Details

Listed on
Aug 4, 2016
Closed on
Aug 29, 2016
Sold by
Home Team Investors Llc
Bought by
Palmer Michael Ray and Palmer Amy Karen
Seller's Agent
Sheree Mowers
DeLex Realty
Buyer's Agent
Christopher Kraemer
Realty ONE Group
List Price
$226,900
Sold Price
$226,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$159,900
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2016
Sold by
Martinez Jeannette Marie and Martinez Hector M
Bought by
Home Team Investor Llc

Purchase Details

Closed on
Jul 7, 2009
Sold by
K Hovnanian Great Western Homes Llc
Bought by
Martinez Jeannette Marie and Martinez Hector M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,856
Interest Rate
5.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Reinhardt Cathy $305,000 Chicago Title Agency
Palmer Michael Ray $226,900 Magnus Title Agency
Home Team Investor Llc $191,000 Great American Title Agency
Martinez Jeannette Marie $197,433 New Land Title Agency
K Hovnanian Great Western Homes Llc -- New Land Title Agency
K Hovnanian Great Western Building Compa -- New Land Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reinhardt Cathy $289,750
Previous Owner Palmer Michael Ray $159,900
Previous Owner Martinez Jeannette Marie $193,856
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2020 06/12/20 Sold $305,000 0.0% $162 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $305,000 +34.4% $162 / Sq Ft
09/01/2016 09/01/16 Sold $226,900 0.0% $120 / Sq Ft View Prior Sale
08/06/2016 08/06/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $226,900 -- $120 / 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 $1,737 $23,160 -- --
2024 $1,863 $22,057 -- --
2023 $1,863 $35,020 $7,000 $28,020
2022 $1,781 $25,850 $5,170 $20,680
2021 $1,831 $23,860 $4,770 $19,090
2020 $1,866 $22,720 $4,540 $18,180
2019 $1,806 $20,150 $4,030 $16,120
2018 $1,741 $18,860 $3,770 $15,090
2017 $1,680 $17,830 $3,560 $14,270
2016 $1,709 $17,380 $3,470 $13,910
2015 $1,491 $17,100 $3,420 $13,680
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Christopher Kraemer

    Realty One Group

    Section Image
  • Lauren Rosin

    Buyer's Agent in 2020

    Lauren Rosin

    eXp Realty

    (480) 744-4604

    2 in this area

    762 Total Sales

    Lauren Rosin
    Section Image
  • Jessica Rosin

    Buyer Co-Listing Agent in 2020

    Jessica Rosin

    eXp Realty

    (480) 486-6782

    1 in this area

    143 Total Sales

    Jessica Rosin
    Section Image

  • S

    Seller's Agent in 2016

    Sheree Mowers

    DeLex Realty

    (480) 586-0233

    40 Total Sales

    Sheree Mowers
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6074152

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-43-337

Arizona Maricopa County Gilbert 85295 Higley

4116 E Milky Way, Gilbert, AZ

Not Listed for Sale

Detached

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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