NOT LISTED FOR SALE

2340 W Ray Rd Unit 2 Chandler, AZ 85224

Central Ridge Neighborhood

Estimated Value: $475,749

-- Bed
-- Bath
4,129 Sq Ft
$115/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $2,100 $1 Per Sq Ft

Est. 22,555% increase in value since last sale

Current estimated payment $2,937/month

56 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Chandler Traditional Academy - Goodman Rated A

About This Home

As of February 2019

1490 SF +/- Office Condo For Sale- Freshly painted and All new tiles just installed.

Easy Access to Loop-101 and loop-202 Freeways

Close Proximity to Busy Chandler Fashion Center & Chandler Regional Hospital

Attractive Modern Architecture Energy Efficient Design

Natural Light Throughout Offices

Rent is $17.95 per SF NNN
Equals to Base rent of $2230.00 Per month - Plus NNN $603 per Month

Last Agent to Sell the Property

Ninos Lazar

Investar Real Estate Specialists License #BR534846000 Listed on: 12/07/2018

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 2005

Lot Details

  • 1,490 Sq Ft Lot
  • Property is zoned PAD

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,129 Sq Ft Home
  • Ceramic Tile Flooring

Parking

  • 20 Open Parking Spaces
  • 21 Parking Spaces
  • 1 Covered Space
  • Private Parking
  • Free Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Ray Ranch Professional Plaza Condominium Bldg M 1S Subdivision

Listing and Financial Details

  • Property Available on 12/7/18
  • Tenant pays for trash collection, electricity, water, fire insurance-bldg, contents insurance, glass insurance, liability insurance, janitorial service, common area maintenance, taxes
  • Tax Lot M103
  • Assessor Parcel Number 302-95-426

Property Details

Property Type

Other

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: Ray / Dobson
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: PAD
  • Number Of Buildings: 1
  • Lease Info Annual C A M Sq Ft: 2.32
  • Lease Info Annual Exp Stop Sq Ft: 7232.0
  • Lease Info Annual Lease Price: 26745.0
  • Lease Info Annual Lse Prc P S F: 17.95
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3-5
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1490
  • Year Built: 2005
  • Tax Year: 2018
  • Directions: Go west on Ray Rd toward 101, office complex will be on north side of street, Ray Ranch Office Plaza
  • Lot Size Acres: 0.03
  • Subdivision Name: RAY RANCH PROFESSIONAL PLAZA CONDOMINIUM BLDG M 1S
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 4129.0

Exterior Features

  • Disclosures: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Tile
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 21.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 21.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 1490.0
  • Additional Parcels: No
  • Parcel #: 302-95-426
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2018-12-07

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Fire Insurance-Bldg, Contents Insurance, Glass Insurance, Liability Insurance, Janitorial Service, Common Area Maintenance, Taxes
  • Existing Lease Type: NNN
  • Leasable Area: 1490.0

Tax Info

  • Tax Annual Amount: 3292.0
  • Tax Book Number: 302.00
  • Tax Lot: M103
  • Tax Map Number: 95.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2018
Sold by
Future Endevors Llc
Bought by
Siasam Llc
Total Days on Market
56
Current Estimated Value
$475,749

Purchase Details

Closed on
Mar 3, 2007
Sold by
Carabajal Joe E and Torruella Alicia
Bought by
Future Endeavor Llc

Purchase Details

Closed on
Jun 16, 2006
Sold by
Parzych Pamela Jeanne
Bought by
Parzych Gregory T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.63%
Mortgage Type
Construction
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
Siasam Llc $285,000 First Arizona Title Agency L
Future Endeavor Llc -- None Available
Parzych Gregory T -- Tsa Title Agency
Gonzalez Alex D $297,850 Tsa Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Alex D $405,000
Previous Owner Parzych Gregory T $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $2,100 -5.8% $1 / Sq Ft
12/09/2018 12/09/18 Price Changed $2,230 +3.7% $1 / Sq Ft
12/07/2018 12/07/18 For Sale $2,150 -- $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 $3,316 $34,945 -- --
2024 $3,351 $34,321 -- --
2023 $3,351 $50,201 $10,030 $40,171
2022 $3,340 $44,241 $8,838 $35,403
2021 $3,532 $44,316 $8,856 $35,460
2020 $3,512 $42,876 $8,568 $34,308
2019 $3,389 $37,188 $7,434 $29,754
2018 $3,292 $33,066 $6,606 $26,460
2017 $3,093 $29,574 $5,904 $23,670
2016 $2,988 $30,330 $6,066 $24,264
2015 $2,944 $27,344 $5,458 $21,886
Source: Public Records

Agents Affiliated with this Home

  • Ninos Lazar

    Seller's Agent in 2019

    Ninos Lazar

    Investar Real Estate Specialists

    (877) 717-5050

    24 Total Sales

    Ninos Lazar
    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5855087

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-95-426

Arizona Maricopa County Chandler 85224 Central Ridge

2340 W Ray Rd Unit 2, Chandler, AZ

This home is located at 2340 W Ray Rd Unit 2, Chandler, AZ 85224 since 07 December 2018 and is currently estimated at $475,749, approximately $115 per square foot. This property was built in 2005. 2340 W Ray Rd Unit 2 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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