NOT LISTED FOR SALE

4250 E Milky Way Gilbert, AZ 85295

Higley Neighborhood

Estimated Value: $470,239 - $481,000

4 Beds
2.5 Baths
2,020 Sq Ft
$235/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $310,000 $153 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,674/month

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • 2 Car Direct Access Garage
  • Gateway Pointe Elementary School Rated A-
  • Community Pool
  • Double Pane Windows

About This Home

As of September 2021

This beautiful home boasts brand new exterior paint, plus new Carpet & Interior Paint. Granite in the kitchen. An open floor plan includes a spacious greatroom that flows into the well appointed kitchen, the upstairs includes a large loft, 2 spare bedrooms & the Master Suite, an additional bedroom is located downstairs for guests or den, The home is located on a very private lot that includes exquisite pavers, mature trees and patio, perfect for entertaining & outdoor living. There is a spacious laundry room, and a side door from the garage.

Last Agent to Rent the Property

Jaime Shelton

Arrow Property Management License #SA563373000 Listed on: 09/01/2021

Last Renter's Agent

Jaime Shelton

Arrow Property Management License #SA563373000 Listed on: 09/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,972

Year Built

  • Built in 2006

Lot Details

  • 3,757 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Direct Access Garage

Home Design

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

Interior Spaces

  • 2,020 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Double Vanity

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Gateway Pointe Elementary School
  • Cooley Middle School
  • Higley High School

Utilities

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

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Property Available on 9/15/21
  • $175 Move-In Fee
  • 12-Month Minimum Lease Term
  • $35 Application Fee
  • Legal Lot and Block 152 / 1004
  • Assessor Parcel Number 304-43-475

Community Details

Overview

  • Property has a Home Owners Association
  • Willows Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,972

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2021-09-15

Listing Details

  • Cross Street: Ray and Recker
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • 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: 2006
  • Rental Info H O A Name: unk
  • Non Assistive Animals: Call
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Admin Fee: 175.0
  • Initial Move In Costs Application Fee: 35.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: WILLOWS
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Community Features:Community Spa2: Yes
  • Windows:Low-Emissivity Windows: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm
  • Living Area: 2020.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, 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
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Direct Access, Garage 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

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Near Bus Stop, Biking/Walking Path
  • Association Name: unk
  • Phone: 0
  • Association: Yes
  • Pets Allowed: Call

Schools

  • Elementary School: Gateway Pointe Elementary
  • High School: Higley High School
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Lot Size Sq Ft: 3757.0
  • Parcel #: 304-43-475

Building Info

  • Builder Name: unk

Tax Info

  • Tax Block: 1004
  • Tax Book Number: 304.00
  • Tax Lot: 152
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Jun 22, 2020
Sold by
Tobey Travis A and Tobey Megan E
Bought by
Racharia Vijaya A and Pasupula Madhavi B
Seller's Agent
Jaime Shelton
Arrow Property Management
Buyer's Agent
Jaime Shelton
Arrow Property Management
Sold Price
$1,850
Current Estimated Value
$475,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,460
Avg. Annual Appreciation
8.64%
Original Mortgage
$232,500
Outstanding Balance
$208,804
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$270,591

Purchase Details

Listed on
Sep 2, 2012
Closed on
Nov 19, 2012
Sold by
Muhme Ryan Robert and Muhme Ashleigh Lyn
Bought by
Tobey Travis A and Tobey Megan E
Seller's Agent
Charlene Bare
HomeSmart
Buyer's Agent
Dan & Debbie Moon
Good Oak Real Estate
List Price
$150,000
Sold Price
$165,000
Premium/Discount to List
$15,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$162,011
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2006
Sold by
K Hovnanian Great Western Homes Llc
Bought by
Muhme Ryan Robert and Muhme Ashliegh Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.33%
Mortgage Type
New Conventional
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
Racharia Vijaya A $310,000 Clear Title Agency Of Az
Tobey Travis A $165,000 Chicago Title Agency Inc
Muhme Ryan Robert $290,658 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Racharia Vijaya A $232,500
Previous Owner Tobey Travis A $162,011
Previous Owner Muhme Ryan Robert $232,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Rented $2,100 0.0% --
09/07/2021 09/07/21 Under Contract -- -- --
09/02/2021 09/02/21 Off Market $2,100 -- --
09/01/2021 09/01/21 For Rent $2,100 +13.5% --
07/31/2020 07/31/20 Rented $1,850 0.0% --
07/14/2020 07/14/20 Under Contract -- -- --
07/10/2020 07/10/20 For Rent $1,850 0.0% --
06/23/2020 06/23/20 Sold $310,000 -3.1% $153 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/22/2020 05/22/20 Price Changed $319,900 -1.1% $158 / Sq Ft
05/06/2020 05/06/20 For Sale $323,500 +96.1% $160 / Sq Ft
11/21/2012 11/21/12 Sold $165,000 +10.0% $82 / Sq Ft
09/02/2012 09/02/12 For Sale $150,000 -- $74 / 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 $1,972 $23,724 -- --
2024 $2,265 $22,594 -- --
2023 $2,265 $35,730 $7,140 $28,590
2022 $2,175 $26,310 $5,260 $21,050
2021 $2,202 $24,210 $4,840 $19,370
2020 $2,233 $23,050 $4,610 $18,440
2019 $1,849 $20,470 $4,090 $16,380
2018 $1,783 $19,210 $3,840 $15,370
2017 $1,720 $18,200 $3,640 $14,560
2016 $1,710 $17,700 $3,540 $14,160
2015 $1,527 $17,480 $3,490 $13,990
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2021

    Jaime Shelton

    Arrow Property Management

    (480) 205-4521

    5 Total Sales

    Jaime Shelton
    Section Image
  • Dan & Debbie Moon

    Seller's Agent in 2020

    Dan & Debbie Moon

    Good Oak Real Estate

    (480) 216-1903

    1 in this area

    91 Total Sales

    Dan & Debbie Moon
    Section Image

  • D

    Seller Co-Listing Agent in 2020

    Debra Moon

    Good Oak Real Estate

    (480) 839-6600

    1 in this area

    65 Total Sales

    Debra Moon
    Section Image
  • Glenn King

    Buyer's Agent in 2020

    Glenn King

    JD Sterling International Real Estate

    (925) 963-1627

    36 Total Sales

    Glenn King
    Section Image
  • Charlene Bare

    Seller's Agent in 2012

    Charlene Bare

    HomeSmart

    (480) 323-5791

    2 in this area

    85 Total Sales

    Charlene Bare
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6287456

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-43-475

Arizona Maricopa County Gilbert 85295 Higley

4250 E Milky Way, Gilbert, AZ

This home is located at 4250 E Milky Way, Gilbert, AZ 85295 since 01 September 2021 and is currently priced at $475,310. This property was built in 2006. 4250 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

Nearby Homes