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3348 East Milky Way

3348 East Milky Way, Gilbert, AZ 85295
Property in Lyons Gate
Sold Jun 10, 2010
$166,750
$163,728 by Dba William Lyon Mortgage
Mortgage Due Jul 01, 2040
Local assessors in Gilbert, AZ have categorized 3348 East Milky Way as a residential type of property. The home was built in 2010 and is 14 years old. The property's lot size has been calculated to be 4,469 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3348 East Milky Way has a total of 1,884 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of concrete. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Jun 8, 2010 for $166,750. That's $88.51 per sqft. 3348 East Milky Way was last assessed in 2023. The total value of the property was assessed at $35,700. Specifically, the land the property is located on was valued at $7,140. While improvements on the property were assessed at a total of $28,560. 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 $1,898. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • 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

    Dimensions

  • Lot Size Square Feet: 4,469
  • Total Building Area: 1,884
  • Gross Building Area: 1,884
  • Building Area: 1,884
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,884
  • 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 : SCOTT DUSTIN K
  • Current Owner 2: DRAPER DUSTIE M
  • Previous Owner : WILLIAM LYON HOMES SOUTHWEST INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 82844
  • Subdivision Phase Number: 8
  • Parcel: 313-11-375
  • Lot: 1044
  • Meridian: SEC 26 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3139
  • Longitude: -111.718

    Address

  • Full Address: 3348 E Milky Way
  • Address - House Number: 3348
  • Street Direction: E
  • Address - Street Name: Milky
  • Address - Suffix Type: Way
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R110
  • 4-Digit Zip Code: 3413
  • Zip Code: 85295

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,898
  • Tax Rate Code Area: 600605

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 500,429
  • High Value: 568,155
  • Low Value: 432,703

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $238,291
  • First Open Lien Mortgage Lender: DBA WILLIAM LYON MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 10, 2010
  • First Open Lien Mortgage Loan Amount: $163,728
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2040
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Jun 01, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $74,563
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 01, 2048

    Market Valuation

  • Market Total Value: $357,000
  • Market Land Value: $71,400
  • Market Improvement Value: $285,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,700
  • Assessed Land Value: $7,140
  • Assessed Improvements Value: $28,560

    Sales

  • Current Sale Contract Date: Jun 08, 2010
  • Current Sale Recording Date: Jun 10, 2010
  • Current Sale Transaction ID: 1002880138
  • Current Sale Price: $166,750
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2010-0492476

    Last Sale Mortgage

  • First Mortgage Lender: DBA WILLIAM LYON MORTGAGE
  • First Mortgage Transaction Date: Jun 10, 2010
  • First Mortgage Loan Amount: $163,728
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2040

About Lyons Gate



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Frequently Asked Questions

What neighborhood is 3348 East Milky Way located in?
The 3348 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 3348 East Milky Way?
The average sales price for units in 3348 East Milky Way is $0 currently.

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