NOT LISTED FOR SALE

2370 W Ray Rd Unit P102 Chandler, AZ 85224

Central Ridge Neighborhood
-- Bed
-- Bath
6,042 Sq Ft
1,460 Sq Ft Lot

Last Sold May 25, 2018

Last sale price $49,990 $8 Per Sq Ft

88 Days on Market

About This Home

As of May 2018

High visibility along Ray Road
• Great curb appeal with meticulous landscape and professionally managed HOA
• Built-out general office. Move-in ready
• The building features block masonry exterior accents and stucco finishes
• Located east of the Loop 100 FWY
• Close proximity to retail, restaurants, and entertainment Chandler Fashion Center Mall
• Covered/Reserved Parking Available
• Space Plan: Lobby, four (4) private offices, one (1) private restroom and storage
• Building signage available

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 02/26/2018

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 2005

Lot Details

  • 1,460 Sq Ft Lot
  • Property is zoned PAD

Home Design

  • 6,042 Sq Ft Home

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Community Details

  • Ray Ranch Professional Plaza Condominium Subdivision

Listing and Financial Details

  • Property Available on 2/26/18
  • The owner pays for (see remarks)
  • Tax Lot P102
  • Assessor Parcel Number 302-95-333

Property Details

Property Type

Other

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: W Ray Rd & N Dobson Rd
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: PAD
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 0
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 0
  • Year Built: 2005
  • Tax Year: 2017
  • Lot Size Acres: 0.03
  • Subdivision Name: RAY RANCH PROFESSIONAL PLAZA CONDOMINIUM
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 6042.0

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 1460.0
  • Additional Parcels: No
  • Parcel #: 302-95-333
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2018-02-26

Multi Family

  • Owner Pays: Other (See Remarks)
  • Tenant Pays: See Remarks
  • Existing Lease Type: NNN
  • Leasable Area: 1046.0

Tax Info

  • Tax Annual Amount: 3287.0
  • Tax Book Number: 302.00
  • Tax Lot: P102
  • Tax Map Number: 95.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2005
Sold by
Ray Road Office Investors Llc
Bought by
Gmab Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,736
Interest Rate
6.35%
Mortgage Type
Commercial
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
Gmab Investments Llc $247,170 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gmab Investments Llc $100,000
Closed Gmab Investments Llc $205,600
Closed Gmab Investments Llc $279,736
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $49,990 +3496.4% $8 / Sq Ft
02/26/2018 02/26/18 For Sale $1,390 -- $0 / 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 $3,524 $37,135 -- --
2024 $3,561 $36,472 -- --
2023 $3,561 $53,516 $10,693 $42,823
2022 $3,550 $47,110 $9,415 $37,695
2021 $3,753 $47,196 $9,432 $37,764
2020 $3,732 $45,630 $9,126 $36,504
2019 $3,601 $39,564 $7,902 $31,662
2018 $3,499 $35,154 $7,020 $28,134
2017 $3,287 $31,446 $6,282 $25,164
2016 $3,175 $32,256 $6,444 $25,812
2015 $3,129 $29,045 $5,809 $23,236
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tanner Milne

    The Menlo Group Commercial Real Estate

    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5728812

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-95-333

Arizona Maricopa County Chandler 85224 Central Ridge

2370 W Ray Rd Unit P102, Chandler, AZ

This home is located at 2370 W Ray Rd Unit P102, Chandler, AZ 85224 since 26 February 2018. This property was built in 2005. 2370 W Ray Rd Unit P102 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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