NOT LISTED FOR SALE

2066 E Ray Rd Unit 1 Gilbert, AZ 85296

East Gilbert Neighborhood

Estimated Value: $507,000 - $675,819

1.38 Acres
$435,293 Price per Acre
60,113 Sq Ft Lot

Last Sold January 19, 2024

Last sale price $650,000

Est. 8% decrease in value since last sale

Current estimated payment $3,491/month

5 Days on Market

Highlights

  • Horses Allowed On Property
  • 1.38 Acre Lot
  • No HOA
  • Finley Farms Elementary School Rated A-
  • Corner Lot
  • Partially Fenced Property

About This Lot

As of January 2024

*** LOCATION IS EVERYTHING *** Discover the unparalleled potential of this prime 1.376-acre residential parcel in the heart of Gilbert, AZ! This carefully selected lot was intended to be the site of the town's grandest single-family residence, with construction initiated and significant groundwork laid. The project, however, was interrupted when the owner decided to relocate to area. Benefit from this unique opportunity to bring your vision to life. The architectural plans and permits are ready and waiting, with the footings and stem wall already in place. If you choose to continue the existing construction, you can seamlessly pick up where it left off. Alternatively, with minimal construction completed, you have the flexibility to clear the lot and embark on your own project. This parcel offers endless possibilities for those with a discerning eye and a desire to create something extraordinary. Don't miss out on the chance to shape your dream residence in this coveted location. Call today to explore the potential and discuss how this exceptional property can be the canvas for your next masterpiece.

Last Agent to Sell the Property

John Brooks

Superlative Realty License #SA568032000 Listed on: 12/04/2023

Superlative Realty

Last Buyer's Agent

Tracy Shaw

Desert Sand Realty, L.L.C. License #BR107433000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,937

Lot Details

  • 1.38 Acre Lot
  • Partially Fenced Property
  • Block Wall Fence
  • Corner Lot
  • Level Lot
  • Property is zoned SF-43

Schools

  • Greenfield Elementary School
  • Greenfield Junior High School
  • Gilbert High School

Additional Features

  • North or South Exposure
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Minor Land Division Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 304-28-934

Property Details

Property Type

Land

Est. Annual Taxes

$2,937

Lot Details

0

Listing Details

  • Cross Street: Ray RD & Greenfield RD
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Raw Land, Plans Available
  • Topography: Level
  • Zoning: SF-43
  • Tax Year: 2023
  • Directions: WEST to the parcel on the north side of the street
  • Horses: Yes
  • Lot Size Acres: 1.38
  • Road Surface Type: Asphalt
  • Subdivision Name: MINOR LAND DIVISION
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: Corner Lot, North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: See Remarks

Utilities

  • Electric: SRP
  • Water Source: City Franchise, Irr Ditch(es)-Lined

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Greenfield Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Lot Size: 283.34' x 211.54
  • Lot Size Sq Ft: 59937.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 304-28-934
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2937.0
  • Tax Book Number: 304.00
  • Tax Lot: 1
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Jan 19, 2024
Sold by
Helping Hands Health Services Corp
Bought by
Rise Legacy Development Llc
Seller's Agent
John Brooks
Superlative Realty
Buyer's Agent
Tracy Shaw
Desert Sand Realty, L.L.C.
List Price
$685,000
Sold Price
$650,000
Premium/Discount to List
-$35,000
-5.11%
Views
29
Current Estimated Value
$600,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,295
Avg. Annual Appreciation
-0.80%

Purchase Details

Closed on
Mar 2, 2023
Sold by
Helping Hands Health Services Llc
Bought by
Helping Hands Health Services Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2020
Closed on
Feb 13, 2020
Sold by
Unroe Timothy and Unroe Simone
Bought by
Helping Hands Helath Services Inc
Seller's Agent
Timothy Unroe
My Home Group Real Estate
Buyer's Agent
John Brooks
Superlative Realty
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.85%
Original Mortgage
$150,000
Interest Rate
3.72%
Mortgage Type
Small Business Administration

Purchase Details

Listed on
Apr 8, 2018
Closed on
Jun 11, 2018
Sold by
Estrada Carlos Martin Ibarra
Bought by
Unroe Timothy and Unroe Simone
Seller's Agent
Irma Rascon
HomeSmart
Buyer's Agent
Timothy Unroe
My Home Group Real Estate
List Price
$210,000
Sold Price
$180,000
Premium/Discount to List
-$30,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.48%

Purchase Details

Listed on
Apr 8, 2018
Closed on
May 21, 2018
Sold by
Valenzuela Marcia Orrantia
Bought by
Estrada Carlos Martin Ibarra
Seller's Agent
Irma Rascon
HomeSmart
Buyer's Agent
Timothy Unroe
My Home Group Real Estate
List Price
$210,000
Sold Price
$180,000
Premium/Discount to List
-$30,000
-14.29%

Purchase Details

Closed on
Jun 12, 2015
Sold by
Valenzuela Marcia Orrantia
Bought by
Estrada Carlos Martin Uibarra

Purchase Details

Closed on
Jun 9, 2015
Sold by
Define Williams James W
Bought by
Ibarr Jose Humberto and Estrada Carlos Martin Ibarra

Purchase Details

Closed on
May 7, 2013
Sold by
Rana Kenneth M and Rana Toni A
Bought by
Define Williams James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
3.54%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 16, 1994
Sold by
Hines Donald W
Bought by
Rana Kenneth W and Rana Toni A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rise Legacy Development Llc $650,000 Empire Title Agency
Helping Hands Health Services Corp -- Equity Title Agency
Helping Hands Helath Services Inc $270,000 Jetclosing Inc
Unroe Timothy $180,000 Empire West Title Agency Llc
Estrada Carlos Martin Ibarra -- Empire West Title Agency Llc
Estrada Carlos Martin Ibarra -- Empire West Title Agency Llc
Estrada Carlos Martin Uibarra -- Empire West Title Agency
Zepeda Jose Humberto Ibarra -- Empire West Title Agency
Ibarr Jose Humberto $180,000 Empire West Title Agency
Define Williams James W $135,000 Fidelity National Title Agen
Rana Kenneth W $25,000 --
Rana Kenneth W $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Helping Hands Health Services Corp $158,000
Previous Owner Helping Hands Helath Services Inc $150,000
Previous Owner Define Williams James W $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $650,000 -5.1% --
12/10/2023 12/10/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $685,000 +153.7% --
02/14/2020 02/14/20 Sold $270,000 0.0% --
01/31/2020 01/31/20 For Sale $270,000 0.0% --
12/30/2019 12/30/19 Off Market $270,000 -- --
11/29/2019 11/29/19 For Sale $270,000 +50.0% --
06/15/2018 06/15/18 Sold $180,000 -14.3% --
04/07/2018 04/07/18 For Sale $210,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $2,923 $30,269 $30,269 --
2024 $2,937 $28,828 $28,828 --
2023 $2,937 $60,300 $60,300 $0
2022 $2,864 $38,760 $38,760 $0
2021 $2,907 $40,395 $40,395 $0
2020 $2,858 $33,405 $33,405 $0
2019 $2,671 $32,340 $32,340 $0
2018 $2,583 $35,265 $35,265 $0
2017 $2,876 $24,030 $24,030 $0
Source: Public Records

Agents Affiliated with this Home

  • John Brooks

    Seller's Agent in 2024

    John Brooks

    Superlative Realty

    (480) 221-5859

    3 in this area

    16 Total Sales

    John Brooks
    Section Image

  • T

    Buyer's Agent in 2024

    Tracy Shaw

    Desert Sand Realty, L.L.C.

    (480) 503-4870

    2 in this area

    15 Total Sales

    Tracy Shaw
    Section Image
  • Timothy Unroe

    Seller's Agent in 2020

    Timothy Unroe

    My Home Group

    (480) 241-3763

    23 Total Sales

    Timothy Unroe
    Section Image
  • Irma Rascon

    Seller's Agent in 2018

    Irma Rascon

    HomeSmart

    (480) 244-7419

    91 Total Sales

    Irma Rascon
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6636638

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-28-934

Arizona Maricopa County Gilbert 85295 East Gilbert

2066 E Ray Rd Unit 1, Gilbert, AZ

This home is located at 2066 E Ray Rd Unit 1, Gilbert, AZ 85296 since 04 December 2023 and is currently estimated at $600,705. 2066 E Ray Rd Unit 1 is a home located in Maricopa County with nearby schools including Finley Farms Elementary School, Greenfield Junior High School, and Desert Hills High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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