NOT LISTED FOR SALE

2430 W Ray Rd Unit H101 Chandler, AZ 85224

Central Ridge Neighborhood
-- Bed
-- Bath
6,042 Sq Ft
3,660 Sq Ft Lot

Last Sold November 29, 2018

Last sale price $4,845 $1 Per Sq Ft

166 Days on Market

About This Home

As of November 2018

• Professional Office Space for Lease
• Suite 101: 2, 914 SF
• $21.50 PSF Modified Gross (Tenant pays electric &
janitorial)
• Ample Parking 5:1,000
• Zoning: PAD, City of Chandler
• Located off Ray Rd, between Dobson Rd and Loop 101,
near Chandler Regional Medical Center.
• Easy access to Loop 101 and Loop 202.
• Close to Chandler Fashion Center

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 06/06/2018

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 2004

Lot Details

  • 3,660 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 6/6/18
  • The owner pays for (see remarks)
  • Tax Lot H101
  • Assessor Parcel Number 302-95-312

Property Details

Property Type

Other

Year Built

Built in 2004

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: 2004
  • Tax Year: 2017
  • Lot Size Acres: 0.08
  • Subdivision Name: RAY RANCH PROFESSIONAL PLAZA CONDOMINIUM
  • Structure Type: 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: 3660.0
  • Additional Parcels: No
  • Parcel #: 302-95-312
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2018-06-06

Multi Family

  • Owner Pays: Other (See Remarks)
  • Tenant Pays: See Remarks
  • Existing Lease Type: Other (See Remarks), Gross, Modified Terms
  • Leasable Area: 2914.0

Tax Info

  • Tax Annual Amount: 7681.0
  • Tax Book Number: 302.00
  • Tax Lot: H101
  • Tax Map Number: 95.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2007
Sold by
Kharrazi Mohamad R and Grewal Harpreet S
Bought by
Mg & Sk Investments Llc
Total Days on Market
166

Purchase Details

Closed on
Nov 23, 2005
Sold by
Ray Road Office Investors Llc
Bought by
Kharrazi Mohamed R and Grewal Harpreet S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Mg & Sk Investments Llc -- None Available
Kharrazi Mohamed R $634,440 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kharrazi Mohamed R $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2018 11/29/18 Sold $4,845 -7.2% $1 / Sq Ft
06/06/2018 06/06/18 For Sale $5,220 -- $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 $8,234 $86,776 -- --
2024 $8,321 $85,226 -- --
2023 $8,321 $129,965 $25,993 $103,972
2022 $8,295 $112,456 $22,488 $89,968
2021 $8,769 $112,806 $22,554 $90,252
2020 $8,721 $108,540 $21,708 $86,832
2019 $8,415 $93,258 $18,648 $74,610
2018 $8,175 $81,990 $16,398 $65,592
2017 $7,681 $73,530 $14,706 $58,824
2016 $7,419 $75,978 $15,192 $60,786
2015 $7,311 $66,822 $13,357 $53,465
Source: Public Records

Agents Affiliated with this Home

  • Tanner Milne

    Seller's Agent in 2018

    Tanner Milne

    The Menlo Group Commercial Real Estate

    (480) 282-2225

    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5776379

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-95-312

Arizona Maricopa County Chandler 85224 Central Ridge

2430 W Ray Rd Unit H101, Chandler, AZ

This home is located at 2430 W Ray Rd Unit H101, Chandler, AZ 85224 since 06 June 2018. This property was built in 2004. 2430 W Ray Rd Unit H101 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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