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1862 E Milky Way; Gilbert, AZ Property Details

1862 E Milky Way, Gilbert, AZ is a Single Family that was built in 1999. This property is currently Financed and is not for sale. Our records show that 1862 E Milky Way has 3 bedrooms, and 2 bathrooms, and a total of 1,309 square feet. The lot size of 1862 E Milky Way is 5,173 square feet.

Off market
1862 E Milky Way Gilbert, AZ 85295
$183,500 Listing Price
3 Beds
2 Baths
1,309 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1999
  • Purchase Price: $502,000
  • Open Loans / Balance: 1 / $437,866
  • Est. Equity / %: $35,134 / 7.43%
  • Gross Yield: 6.198%
  • APN: 304-41-255
  • Situs County: Maricopa
  • Length Of Ownership: 1 year, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Concrete
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 1,309/SqFt
  • Lot: 5,173/SqFt
  • Gross: 1,421/SqFt
  • Living: 1,309/SqFt
  • Building: 1,309/SqFt
  • Ground: 1,309/SqFt
  • Price Per Square Foot: $383.50

Legal Description

  • Description: GILBERT RANCH UNIT 2 MCR 455-26
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Gilbert Unified District
  • Lat / Lon: 33.313236 / -111.749916
  • Subdivision: Gilbert Ranch Unit 2
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 0141

Amenities

  • Plus Four: 5696
  • Bathroom Fixtures: 6
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $88
  • H O A Amount: $88
  • H O A One Frequency: Monthly
  • H O A One Name: Gilbert Ranch Homeowners Association
  • H O A One Type: Home Owner Association
  • H O A Two Name: Jakes Ranch Homeowners Association
  • H O A Two Type: Home Owner Association

Ownership Info

1862 E Milky Way has no associated ownership info
1862 E Milky Way has no associated ownership info.

Taxes

1862 E Milky Way has 9 associated Taxes items

1862 E Milky Way, Gilbert, AZ pays taxes in Maricopa County, AZ. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $17,629. The APN we've located for 1862 E Milky Way is 304-41-255.

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Taxes
  • Assessed Value:  $17,629
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  304-41-255
  • Market Land Value:  69600
  • Tax Amount:  1380.26
  • Tax Year:  2025
  • Market Value:  348300
  • Market Year:  2025

Tax History

1862 E Milky Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $17,629 Land Value Improvement Value Tax Amount $1,380.26 Change Rate +0.03882% Assessed CR Tax Rate +0.078295%
Year 2024 Assessed Value $16,789 Land Value Improvement Value Tax Amount $1,328.68 Change Rate -0.00658% Assessed CR Tax Rate +0.07914%
Year 2023 Assessed Value $30,730 Land Value $6,140 Improvement Value $24,590 Tax Amount $1,337.48 Change Rate +0.031974% Assessed CR Tax Rate +0.043524%
Year 2022 Assessed Value $23,060 Land Value $4,610 Improvement Value $18,450 Tax Amount $1,296.04 Change Rate -0.049657% Assessed CR Tax Rate +0.056203%
Year 2021 Assessed Value $21,600 Land Value $4,320 Improvement Value $17,280 Tax Amount $1,363.76 Change Rate +0.016715% Assessed CR Tax Rate +0.063137%
Year 2020 Assessed Value $19,800 Land Value $3,960 Improvement Value $15,840 Tax Amount $1,341.34 Change Rate +0.086756% Assessed CR Tax Rate +0.067744%
Year 2019 Assessed Value $18,070 Land Value $3,610 Improvement Value $14,460 Tax Amount $1,234.26 Change Rate +0.030508% Assessed CR Tax Rate +0.068304%
Year 2018 Assessed Value $16,460 Land Value $3,290 Improvement Value $13,170 Tax Amount $1,197.72 Change Rate +0.03498% Assessed CR Tax Rate +0.072765%
Year 2017 Assessed Value $15,360 Land Value $3,070 Improvement Value $12,290 Tax Amount $1,157.24 Change Rate -0.033798% Assessed CR Tax Rate +0.075341%
Year 2016 Assessed Value $14,700 Land Value $2,940 Improvement Value $11,760 Tax Amount $1,197.72 Change Rate +0.097658% Assessed CR Tax Rate +0.081478%
Year 2015 Assessed Value $14,060 Land Value $2,810 Improvement Value $11,250 Tax Amount $1,091.16 Change Rate -0.043279% Assessed CR Tax Rate +0.077607%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,140.52 Change Rate Assessed CR Tax Rate