2501 E Milky Way, Gilbert, AZ 85295 Property Records

Maricopa County property record for 2501 E Milky Way, Gilbert, AZ 85295

Property Summary

Property Type	Single Family Home
Details	4 bd · 2.5 ba · 2,129 sqft · built 2000
Lot Size	0.24 acres (10,459 sqft)
Owner	2 Individual Names on Record
Last Sale	$280,000 (Apr 2015)
Tax Bill	$2,153 (2025)
Deeds & Mortgages	Oct 2021 Mortgage Jun 2020 Mortgage + 2 more
Flood Zone	Zone X (moderate risk)
APN	`304-40-197`

Property Details

APN / Parcel Number

Primary APN	`304-40-197`
Alternative APN	`304401972`

Interior

Bedrooms	4 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	8 Plumbing Fixtures
Total Rooms	6 Rooms
Stories	1 Story
Building Area	2,129 sqft Living Area
Gross Area	2,257 sqft
1st Floor Area	2,129 sqft

Exterior

Year Built	Built 2000
Effective Year Built	Effective 2000
Exterior Material	Wood
Construction Type	Frame
Roof Material	Concrete
Lot Area	10,459 sqft (0.24 acres)
Parking Spaces	2 Parking Spaces
Pool Area	467 sqft
Patio Area	128 sqft

Utilities, Heating & Cooling

Cooling System	Refrigeration
Heating System	Forced Air with A/C
Sewer	Municipal

Location & Zoning

Street Address	2501 E MILKY WAY
City	GILBERT
State	AZ
Zip	85295-9129
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-8
Legal Description	GATEWAY RANCH MCR 484-17
Legal Range	6E
Legal Township	1S
Legal Section	27
Legal Subdivision	GATEWAY RANCH
Legal Lot Number	184
Jurisdiction	MARICOPA AZ
Township / Civil Division	CHANDLER
Census Block Group	2
Census Block	2009
Census Tract	815100

Owner

Source: Maricopa County records, as of June 29, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	2501 E MILKY WAY, GILBERT, AZ 85295-9129
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Community Property

Deeds, Mortgages & Sale History

Date	Document
Oct 21, 2021	Deed of Trust, Mortgage · Conventional Mortgage CARDINAL FINANCIAL COMPANY LP
Jun 2, 2020	Deed of Trust, Mortgage · Conventional Mortgage CARDINAL FINANCIAL COMPANY LP
Aug 9, 2019	Deed of Trust, Mortgage · FHA Mortgage CARDINAL FINANCIAL COMPANY LP
Mar 19, 2018	Deed of Trust, Mortgage · FHA Mortgage PEOPLES HM EQUITY

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Apr 14, 2015 · Amount on Record
Deed Sale	Apr 14, 2015 · Amount on Record
Prior Sale	Sep 8, 2006 · Amount on Record
Deed Document Number	2015254732
Prior Transfer Date	Jul 22, 2005
Prior Transfer Doc	0001082728
Record Updated	Oct 29, 2026

October 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	2501 E MILKY WAY, GILBERT, AZ 85295-9129
Transaction Type	Mortgage
Record Updated	Oct 27, 2021
Title Company	SECURITY TITLE COMPANY, SECURITY TITLE AGENCY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2501 E MILKY WAY, GILBERT, AZ 85295-9129

Mortgage

Document Number	0001133323
Date	Oct 21, 2021
Instrument	20211133323

Lender

Name	CARDINAL FINANCIAL COMPANY LP
Type	Mortgage Company
Address	CHARLOTTE, NC 28273

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Nov 1, 2051

June 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	2501 E MILKY WAY, GILBERT, AZ 85295-9129
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000473101
Date	Jun 2, 2020
Instrument	20200473101

Lender

Name	CARDINAL FINANCIAL COMPANY LP
Type	Mortgage Company
Address	CHARLOTTE, NC 28273

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jul 1, 2050

August 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	2501 E MILKY WAY, GILBERT, AZ 85295-9129
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2501 E MILKY WAY, GILBERT, AZ 85295-9129

Mortgage

Document Number	0000610852
Date	Aug 9, 2019
Instrument	20190610852

Lender

Name	CARDINAL FINANCIAL COMPANY LP
Type	Credit Union
Address	CHARLOTTE, NC 28273

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Sep 1, 2049

March 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	2501 E MILKY WAY, GILBERT, AZ 85295-9129
Document Number	0000219436
Instrument Date	Mar 19, 2018
Transaction Type	Mortgage
Record Updated	Mar 29, 2018
Title Company	SECURITY TITLE COMPANY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Community Property
Address	2501 E MILKY WAY GILBERT AZ 852959129, GILBERT, AZ 85295-9129

Mortgage

Document Number	0000219436
Date	Mar 23, 2018
Instrument	219436

Lender

Name	PEOPLES HM EQUITY
Type	Funding / Finance Company
Address	BRENTWOOD, TN 37027

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Mar 22, 2048

Tax Assessment & Valuation

Source: Maricopa County assessment roll, as of October 22, 2025

Property Jurisdictions

Type	Name
State	Arizona
County	Maricopa County
Municipality	Gilbert Town
Unified School District	Higley Unified District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$53,500 (+89.2%)	$535,000 (+7.11%) Land $107,000 Building $428,000
2025	$2,153.00 (-6.51%)	$28,277 (-46.92%)	$499,500 (-6.23%) Land $99,900 Building $399,600
2024		$53,270	$532,700 Land $106,500 Building $426,200
2023	$2,303.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective October 2, 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 99.8% of Arizona
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	TOWN OF GILBERT serves 247,600 people · EPA ID AZ0407092
Water Source	Surface water
Last State Inspection	Oct 2025
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	Total trihalomethanes resolved · Jul 2017
Treatment and Procedure	Treatment report not submitted Oct 2017
Monitoring and Reporting	53 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 468 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cox Communications Cable	2,000 / 100
CenturyLink DSL	140 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Verizon.

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