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3255 East Milky Way

3255 East Milky Way, Gilbert, AZ 85295
Property in Lyons Gate
Sold Jul 30, 2021
$525,000
$402,241 by Barrett Financial Group Llc
Mortgage Due Mar 01, 2052
Sold Jul 19, 2010
$225,000
3255 East Milky Way has been categorized by the local assessors in Gilbert, AZ as a residential type of property. The building on the property was first built in 2007 and is 17 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3255 East Milky Way has 1,956 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,467 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of concrete. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jul 26, 2021 for $525,000. That's $268.40 per sqft. Prior to that sales transaction, the property was also sold in Jul 1, 2010 for $225,000. 3255 East Milky Way was last assessed in 2023. The total value of the property was assessed at $38,460. Specifically, the land the property is located on was valued at $7,690. While improvements on the property were assessed at a total of $30,770. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,094. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 4,467
  • Total Building Area: 1,956
  • Gross Building Area: 1,956
  • Building Area: 1,956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LYONS GATE PHASE 8 REPLAT
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LYONS GATE PHASE 8 REPLAT MCR 828-44

Ownership

  • Current Owner : PELLICER JOSE
  • Current Owner 2: BOND LAUREN NICHOLE
  • Previous Owner : PFETSCH PATRICIA M
  • Previous Owner 2: PATRICIA M PFETSCH TRUST
  • Owner Before Previous Owner: WILLIAM LYON HOMES SOUTHWEST INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Higley Unified District
  • Census Tract: 815202

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 82844
  • Subdivision Phase Number: 8
  • Parcel: 313-11-423
  • Lot: 1092
  • Meridian: SEC 26 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3135
  • Longitude: -111.72

    Address

  • Full Address: 3255 E Milky Way
  • Address - House Number: 3255
  • Street Direction: E
  • Address - Street Name: Milky
  • Address - Suffix Type: Way
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R110
  • 4-Digit Zip Code: 3414
  • Zip Code: 85295

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,094
  • Tax Rate Code Area: 600605

    Appraisal Valuation

  • Standard Deviation: 0.1448
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 545,030
  • High Value: 623,976
  • Low Value: 466,083

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $402,241
  • First Open Lien Mortgage Lender: BARRETT FINANCIAL GROUP LLC
  • First Open Lien Mortgage Recording Date: Feb 04, 2022
  • First Open Lien Mortgage Loan Amount: $402,241
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $384,600
  • Market Land Value: $76,900
  • Market Improvement Value: $307,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,460
  • Assessed Land Value: $7,690
  • Assessed Improvements Value: $30,770

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Transaction ID: 11845584322
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210829993
  • Previous Sale Recording Date: Jul 19, 2010
  • Previous Sale Contract Date: Jul 01, 2010
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: STARBOARD FINANCIAL MANAGEMENT
  • First Mortgage Transaction Date: Jul 30, 2021
  • First Mortgage Loan Amount: $396,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Lyons Gate



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Frequently Asked Questions

What neighborhood is 3255 East Milky Way located in?
The 3255 East Milky Way is a located in the neighborhood of Lyons Gate in Lyons Gate, Gilbert.
What is the average sales price for listings in 3255 East Milky Way?
The average sales price for units in 3255 East Milky Way is $0 currently.

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