NOT LISTED FOR SALE

2320 W Ray Rd Unit 102 Chandler, AZ 85224

Central Ridge Neighborhood
-- Bed
-- Bath
4,128 Sq Ft
2,091 Sq Ft Lot

Last Sold April 21, 2015

Last sale price $2,750 $1 Per Sq Ft

327 Days on Market

About This Home

As of April 2015

Ray Ranch is a meticulously landscaped professional office condo complex with 9 buildings. Conveniently located in south Chandler near Chandler Fashion Center and Chandler Hospital. Beautifully built out and includes 2 large procedure rooms, exam room, lab room and central M.A. desk area. Can be combined with suite 101 for a total of 4,128 SF. Tenant pays own utilities. Vacant. Non-ARMLS lock box

Last Agent to Sell the Property

Jon Hammond

Keller Williams Realty Sonoran Living License #SA555889000 Listed on: 06/21/2014

Keller Williams Realty Sonoran Living

Last Buyer's Agent

Jon Hammond

Keller Williams Realty Sonoran Living License #SA555889000 Listed on: 06/21/2014

Keller Williams Realty Sonoran Living

Property Details

Property Type

  • Other

Year Built

  • Built in 2002

Lot Details

  • Additional Parcels
  • Property is zoned PAD

Home Design

  • Tile Roof
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 16 Open Parking Spaces
  • 24 Parking Spaces
  • 8 Covered Spaces

Utilities

  • Heat Pump System
  • 220 Volts

Listing and Financial Details

  • Property Available on 6/1/14
  • Tax Lot N102
  • Assessor Parcel Number 302-95-328

Community Details

Overview

  • 9 Buildings
  • Ray Ranch Professional Plaza Subdivision

Amenities

  • Reception Area

Property Details

Property Type

Other

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Cross Street: 101 and Ray Rd
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: PAD
  • Current Use: Office
  • Number Of Buildings: 9
  • Lease Info Annual C A M Sq Ft: 4.24
  • Lease Info Annual Exp Stop Sq Ft: 4.24
  • Lease Info Annual Lease Price: 24015.0
  • Lease Info Annual Lse Prc P S F: 15.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3-10
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Floor Location: Ground
  • Lease Info Suite Size Avail Max: 1601
  • Year Built: 2002
  • Tax Year: 2013
  • Directions: East to Property, north side. Between 101 and Dobson.
  • Road Surface Type: Asphalt
  • Subdivision Name: Ray Ranch Professional Plaza
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Stucco
  • Roof: Tile
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Open Parking Spaces: 16.0
  • Total Parking Spaces: 24.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 16.0
  • General Property Description:Total Parking Spcs: 24.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP, 220 Volts
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Green Building Features: Reception Room
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Reception Room: Yes

Lot Info

  • Additional Parcels: Yes
  • Parcel #: 302-95-328

Rental Info

  • Available Date: 2014-06-01

Multi Family

  • Leasable Area: 1601.0

Tax Info

  • Tax Annual Amount: 9100.0
  • Tax Book Number: 302.00
  • Tax Lot: N102
  • Tax Map Number: 95.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2015
Sold by
Umpqua Bank
Bought by
Suyana Investments Llc
Total Days on Market
327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2009
Sold by
Ray Ranch One Llc
Bought by
First Independent Bank

Purchase Details

Closed on
Aug 9, 2006
Sold by
Ray Road Office Investors Llc
Bought by
Ray Ranch One Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.76%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Suyana Investments Llc $715,000 First American Title Ins Co
First Independent Bank $1,047,388 Stewart Title & Trust Of Pho
Ray Ranch One Llc $804,960 Tsa Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Suyana Investments Llc $500,000
Previous Owner Ray Ranch One Llc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2015 04/21/15 Sold $2,750 +14.5% $1 / Sq Ft
04/21/2015 04/21/15 Pending -- -- --
05/29/2014 05/29/14 For Sale $2,402 -- $1 / Sq Ft
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 $5,206 $54,867 -- --
2024 $5,261 $53,888 -- --
2023 $5,261 $75,956 $15,181 $60,775
2022 $5,245 $66,431 $13,283 $53,148
2021 $5,545 $66,564 $13,302 $53,262
2020 $5,514 $64,170 $12,834 $51,336
2019 $5,321 $55,440 $11,088 $44,352
2018 $5,169 $49,068 $9,810 $39,258
2017 $4,856 $43,884 $8,766 $35,118
2016 $4,691 $45,126 $9,018 $36,108
2015 $4,623 $40,294 $8,048 $32,246
Source: Public Records

Agents Affiliated with this Home

  • Jon Hammond

    Seller's Agent in 2015

    Jon Hammond

    Keller Williams Realty Sonoran Living

    (480) 444-7200

    26 Total Sales

    Jon Hammond
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5133908

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-95-328

Arizona Maricopa County Chandler 85224 Central Ridge

2320 W Ray Rd Unit 102, Chandler, AZ

This home is located at 2320 W Ray Rd Unit 102, Chandler, AZ 85224 since 21 June 2014. This property was built in 2002. 2320 W Ray Rd Unit 102 is a home located in Maricopa County with nearby schools including Chandler Traditional Academy - Goodman, Andersen Junior High School, and Chandler 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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