NOT LISTED FOR SALE

4116 E Milky Way Gilbert, AZ 85295

Higley Neighborhood

Estimated Value: $466,000 - $469,571

3 Beds
2.5 Baths
1,883 Sq Ft
$248/Sq Ft Est. Value

Last Sold June 12, 2020

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

Est. 53% increase in value since last sale

Current estimated payment $2,875/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

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

  • Refrigerated Cooling System
  • 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
  • Directions: South To Galveston St * East to Sanders Dr * South to Milky Way * West to home (no sign).
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: WILLOWS
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 106.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1883.0
  • Stories: 2
  • Window Features: Dual Pane, Low-E, Tinted Windows
  • Fireplace:No Fireplace: Yes
  • 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
  • Community Features:Community Spa: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail, Vicinity of an Airport
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Playground, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • 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:HOA Telephone4: 602-437-4777
  • 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
  • ResoLotSizeUnits: SquareFeet

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

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
Total Days on Market
4
Current Estimated Value
$467,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,393
Avg. Annual Appreciation
8.95%
Original Mortgage
$289,750
Interest Rate
3.2%
Mortgage Type
New Conventional

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,812
Interest Rate
3.59%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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

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Range of Values:

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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 $52,495
Open Reinhardt Cathy $319,250
Closed Reinhardt Cathy $289,750
Previous Owner Palmer Michael Ray $159,900
Previous Owner Home Team Investors Llc $152,812
Previous Owner Martinez Jeannette Marie $9,303
Previous Owner Martinez Jeannette Marie $193,856
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 $1,864 $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

  • Christopher Kraemer

    Seller's Agent in 2020

    Christopher Kraemer

    Realty One Group

    (623) 695-1462

    1 in this area

    33 Total Sales

    Christopher Kraemer
    Section Image
  • Lauren Rosin

    Buyer's Agent in 2020

    Lauren Rosin

    eXp Realty

    (480) 744-4604

    3 in this area

    879 Total Sales

    Lauren Rosin
    Section Image
  • Jessica Rosin

    Buyer Co-Listing Agent in 2020

    Jessica Rosin

    eXp Realty

    (480) 486-6782

    2 in this area

    159 Total Sales

    Jessica Rosin
    Section Image

  • S

    Seller's Agent in 2016

    Sheree Mowers

    DeLex Realty

    (480) 586-0233

    42 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

This home is located at 4116 E Milky Way, Gilbert, AZ 85295 since 05 May 2020 and is currently estimated at $467,393, approximately $248 per square foot. This property was built in 2009. 4116 E Milky Way is a home located in Maricopa County with nearby schools including Gateway Pointe Elementary School, 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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