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2540 E Milky Way; Gilbert, AZ Property Details

2540 E Milky Way, Gilbert, AZ is a Single Family that was built in 2000. This property is currently Financed,Bank Sale and is not for sale. Our records show that 2540 E Milky Way has 5 bedrooms, and 4 bathrooms, and a total of 3,037 square feet. The lot size of 2540 E Milky Way is 9,682 square feet.

Off market
2540 E Milky Way Gilbert, AZ 85295
$309,900 Listing Price
5 Beds
4 Baths
3,037 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2000
  • Purchase Price: $309,900
  • Open Loans / Balance: 1 / $165,550
  • Est. Equity / %: $539,450 / 76.52%
  • Gross Yield: 6.005%
  • APN: 304-40-221
  • Situs County: Maricopa
  • Length Of Ownership: 9 years, 9 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 10

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Concrete
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 3,037/SqFt
  • Lot: 9,682/SqFt
  • Gross: 3,165/SqFt
  • Living: 3,037/SqFt
  • Building: 3,037/SqFt
  • Ground: 1,572/SqFt
  • Price Per Square Foot: $102.04

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: 33.31379 / -111.73461
  • Subdivision: Gateway Ranch
  • Property Class: Residential
  • Zoning: R-8
  • County Use Code: 0141

Amenities

  • Plus Four: 9127
  • Bathroom Fixtures: 12
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 3

HOA

  • H O A One: $229
  • H O A Amount: $229
  • 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

2540 E Milky Way has no associated ownership info
2540 E Milky Way has no associated ownership info.

Taxes

2540 E Milky Way has 9 associated Taxes items

2540 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 $31,476. The APN we've located for 2540 E Milky Way is 304-40-221.

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Taxes
  • Assessed Value:  $31,476
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  304-40-221
  • Market Land Value:  106400
  • Tax Amount:  2207.24
  • Tax Year:  2025
  • Market Value:  532100
  • Market Year:  2025

Tax History

2540 E Milky Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $31,476 Land Value Improvement Value Tax Amount $2,207.24 Change Rate -0.062273% Assessed CR Tax Rate +0.070125%
Year 2024 Assessed Value $29,977 Land Value Improvement Value Tax Amount $2,353.82 Change Rate -0.078473% Assessed CR Tax Rate +0.078521%
Year 2023 Assessed Value $49,710 Land Value $9,940 Improvement Value $39,770 Tax Amount $2,554.26 Change Rate +0.045731% Assessed CR Tax Rate +0.051383%
Year 2022 Assessed Value $36,070 Land Value $7,210 Improvement Value $28,860 Tax Amount $2,442.56 Change Rate -0.025525% Assessed CR Tax Rate +0.067717%
Year 2021 Assessed Value $35,020 Land Value $7,000 Improvement Value $28,020 Tax Amount $2,506.54 Change Rate -0.017844% Assessed CR Tax Rate +0.071575%
Year 2020 Assessed Value $31,860 Land Value $6,370 Improvement Value $25,490 Tax Amount $2,552.08 Change Rate +0.03237% Assessed CR Tax Rate +0.080103%
Year 2019 Assessed Value $28,720 Land Value $5,740 Improvement Value $22,980 Tax Amount $2,472.06 Change Rate +0.037887% Assessed CR Tax Rate +0.086075%
Year 2018 Assessed Value $27,250 Land Value $5,450 Improvement Value $21,800 Tax Amount $2,381.82 Change Rate +0.036349% Assessed CR Tax Rate +0.087406%
Year 2017 Assessed Value $25,880 Land Value $5,170 Improvement Value $20,710 Tax Amount $2,298.28 Change Rate -0.1602% Assessed CR Tax Rate +0.088805%
Year 2016 Assessed Value $25,230 Land Value $5,040 Improvement Value $20,190 Tax Amount $2,736.7 Change Rate +0.137628% Assessed CR Tax Rate +0.10847%
Year 2015 Assessed Value $24,500 Land Value $4,900 Improvement Value $19,600 Tax Amount $2,405.62 Change Rate +0.019616% Assessed CR Tax Rate +0.098189%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,359.34 Change Rate Assessed CR Tax Rate