NOT LISTED FOR SALE

1534 E Ray Rd Unit 116 Gilbert, AZ 85296

East Gilbert Neighborhood

Estimated Value: $6,610,988

Studio
-- Bath
1,380 Sq Ft
$4,791/Sq Ft Est. Value

About This Home

This home is located at 1534 E Ray Rd Unit 116, Gilbert, AZ 85296 and is currently estimated at $6,610,988, approximately $4,790 per square foot. 1534 E Ray Rd Unit 116 is a home located in Maricopa County with nearby schools including Mesquite Elementary School, South Valley Jr. High School, and Campo Verde High School.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2021
Sold by
Bought by
Current Estimated Value
$6,610,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$883,801
Outstanding Balance
$789,266
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$5,821,722

Purchase Details

Closed on
Jan 14, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 8, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,262,625
Interest Rate
5.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 8, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,040,000
Interest Rate
5.81%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in East Gilbert, AZ

  • Pamela Torgrimson Real Estate Agent - RETSY

    Pamela Torgrimson

    RETSY

    (507) 486-5070

    70 Total Sales

    1 in East Gilbert

    $505,000 Price

    Pamela Torgrimson
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  • Charlene Bare Real Estate Agent - HomeSmart

    Charlene Bare

    Responds Quickly

    HomeSmart

    (877) 764-8862

    85 Total Sales

    1 in East Gilbert

    $435,000 Price

    Charlene Bare
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  • Melani Beauregard Real Estate Agent - eXp Realty

    Melani Beauregard

    eXp Realty

    (623) 323-6876

    147 Total Sales

    1 in East Gilbert

    $530,000 Price

    Melani Beauregard
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  • Andrea Ortega Real Estate Agent - Realty ONE Group

    Andrea Ortega

    Realty ONE Group

    (480) 618-7396

    34 Total Sales

    1 in East Gilbert

    $570,000 Price

    Andrea Ortega
     Section Image
  • Sharon Coffini Real Estate Agent - Keller Williams Realty Sonoran Living

    Sharon Coffini

    Keller Williams Realty Sonoran Living

    (623) 526-8181

    109 Total Sales

    2 in East Gilbert

    $540K - $800K Price Range

    Sharon Coffini
     Section Image
  • Dave Rosenfeld Real Estate Agent - RE/MAX Fine Properties

    Dave Rosenfeld

    RE/MAX Fine Properties

    (623) 263-9965

    38 Total Sales

    2 in East Gilbert

    $550K - $730K Price Range

    Dave Rosenfeld
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,100,000 Landmark Ttl Assurance Agcy
$4,200,000 Grand Canyon Title Agency In
$3,500,000 First American Title
$7,700,000 Chicago Title Insurance Comp
-- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $883,801
Previous Owner --
Previous Owner $1,425,000
Previous Owner $1,262,625
Previous Owner $3,100,000
Previous Owner $5,040,000
Previous Owner $650,000
Previous Owner $4,000,000
Previous Owner $4,200,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $38,758 $426,874
2024 $39,867 $419,251
2023 $39,867 $612,935 $235,722 $377,213
2022 $39,912 $598,675 $252,910 $345,765
2021 $42,460 $615,474 $260,136 $355,338
2020 $41,833 $594,252 $234,432 $359,820
2019 $38,863 $553,248 $207,720 $345,528
2018 $37,793 $493,326 $153,864 $339,462
2017 $36,555 $399,582 $123,822 $275,760
2016 $37,479 $380,898 $130,338 $250,560
2015 $35,126 $307,415 $115,866 $191,549
Source: Public Records

Map

Arizona Maricopa County Gilbert 85296 East Gilbert

1534 E Ray Rd Unit 116, Gilbert, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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