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2531 E Milky Way; Gilbert, AZ Property Details

2531 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 2531 E Milky Way has 3 bathrooms, and a total of 2,490 square feet. The lot size of 2531 E Milky Way is 10,592 square feet.

Off market
2531 E Milky Way Gilbert, AZ 85295
$28,653 Estimated Value
3 Baths
2,490 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1999
  • Purchase Price: $241,000
  • Open Loans / Balance: 1 / $250,114
  • Est. Equity / %: $479,886 / 65.74%
  • Gross Yield: 5.837%
  • APN: 304-40-194
  • Situs County: Maricopa
  • Length Of Ownership: 14 years, 5 months

Rooms

  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 8

Structure

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

Measurements

  • Total: 2,490/SqFt
  • Lot: 10,592/SqFt
  • Gross: 2,700/SqFt
  • Living: 2,490/SqFt
  • Building: 2,490/SqFt
  • Ground: 2,490/SqFt
  • Price Per Square Foot: $96.79

Legal Description

  • Description: GATEWAY RANCH MCR 484-17
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Higley Unified District
  • Lat / Lon: 33.313366 / -111.73468
  • Subdivision: Gateway Ranch
  • Property Class: Residential
  • Zoning: R-8
  • County Use Code: 0141

Amenities

  • Pool: true
  • Plus Four: 9129
  • Bathroom Fixtures: 9
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $222
  • H O A Amount: $222
  • H O A One Frequency: Quarterly
  • H O A One Name: Gateway Ranch Homeowners Association, Inc
  • H O A One Type: Home Owner Association

Ownership Info

2531 E Milky Way has no associated ownership info
2531 E Milky Way has no associated ownership info.

Taxes

2531 E Milky Way has 9 associated Taxes items

2531 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 $28,653. The APN we've located for 2531 E Milky Way is 304-40-194.

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Taxes
  • Assessed Value:  $28,653
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  304-40-194
  • Market Land Value:  107000
  • Tax Amount:  2181.04
  • Tax Year:  2025
  • Market Value:  535200
  • Market Year:  2025

Tax History

2531 E Milky Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $28,653 Land Value Improvement Value Tax Amount $2,181.04 Change Rate -0.062096% Assessed CR Tax Rate +0.076119%
Year 2024 Assessed Value $27,289 Land Value Improvement Value Tax Amount $2,325.44 Change Rate -0.003334% Assessed CR Tax Rate +0.085215%
Year 2023 Assessed Value $50,030 Land Value $10,000 Improvement Value $40,030 Tax Amount $2,333.22 Change Rate +0.045584% Assessed CR Tax Rate +0.046636%
Year 2022 Assessed Value $34,380 Land Value $6,870 Improvement Value $27,510 Tax Amount $2,231.5 Change Rate -0.024873% Assessed CR Tax Rate +0.064907%
Year 2021 Assessed Value $33,280 Land Value $6,650 Improvement Value $26,630 Tax Amount $2,288.42 Change Rate -0.017694% Assessed CR Tax Rate +0.068763%
Year 2020 Assessed Value $30,150 Land Value $6,030 Improvement Value $24,120 Tax Amount $2,329.64 Change Rate +0.032276% Assessed CR Tax Rate +0.077268%
Year 2019 Assessed Value $26,970 Land Value $5,390 Improvement Value $21,580 Tax Amount $2,256.8 Change Rate +0.038077% Assessed CR Tax Rate +0.083678%
Year 2018 Assessed Value $25,410 Land Value $5,080 Improvement Value $20,330 Tax Amount $2,174.02 Change Rate +0.036215% Assessed CR Tax Rate +0.085558%
Year 2017 Assessed Value $24,130 Land Value $4,820 Improvement Value $19,310 Tax Amount $2,098.04 Change Rate -0.017054% Assessed CR Tax Rate +0.086947%
Year 2016 Assessed Value $23,320 Land Value $4,660 Improvement Value $18,660 Tax Amount $2,134.44 Change Rate +0.145873% Assessed CR Tax Rate +0.091528%
Year 2015 Assessed Value $22,460 Land Value $4,490 Improvement Value $17,970 Tax Amount $1,862.72 Change Rate +0.007333% Assessed CR Tax Rate +0.082935%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,849.16 Change Rate Assessed CR Tax Rate