$746,047 - $985,000
RENTED MAR 14, 2025
5 Beds
3 Baths
3,200 Sq Ft
$270 Price per Sq Ft

Last Sold June 24, 2021

Last sale price $680,000 $212 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,805/month

Highlights

  • 0.2 Acre Lot
  • Wood Flooring
  • Eat-In Kitchen
  • Andersen Elementary School Rated A-
  • Granite Countertops
  • Double Vanity

About This Home

As of March 2025

Looking for a new home? This fabulous 5 bed, 3 bath residence now on the market is for you! A freshly painted exterior, all new roof, manicured landscape, and a 3 car garage w/built-in cabinets & door openers are just the beginning. Discover a sizeable living area and formal dining room w/high ceilings, plantation shutters, updated light fixtures, and custom palette throughout. Enjoy quality time w/friends & loved ones in the cozy family room. The chef's kitchen is comprised of wood cabinetry w/crown moulding, a walk-in pantry, granite counters, tile backsplash, stainless steel appliances including a new cooktop, and an island complete w/a breakfast bar. Upstairs you'll find a cozy loft, ideal for a lounge or reading nook.

The primary bedroom boasts elegant wood flooring, a walk-in clo Looking for a new home? This fabulous 5 bed, 3 bath residence now on the market is for you! A freshly painted exterior, all new roof, manicured landscape, and a 3 car garage w/built-in cabinets & door openers are just the beginning. Discover a sizeable living area and formal dining room w/high ceilings, plantation shutters, updated light fixtures, and custom palette throughout. Enjoy quality time w/friends & loved ones in the cozy family room. The chef's kitchen is comprised of wood cabinetry w/crown moulding, a walk-in pantry, granite counters, tile backsplash, stainless steel appliances including a new cooktop, and an island complete w/a breakfast bar. Upstairs you'll find a cozy loft, ideal for a lounge or reading nook.

The primary bedroom boasts elegant wood flooring, a walk-in closet, and a full ensuite w/dual vanities. Finally, the wonderful backyard showcases a covered patio, lush natural turf, extended paver seating area, and storage space! Water softener, arrow system, and two new AC units have all been installed! What are you waiting for? Act now!

Last Agent to Rent the Property

Hemalatha Majeti

Lotus Real Estate License #SA646301000 Listed on: 01/28/2025

Last Renter's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1996

Lot Details

  • 8,546 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • John M Andersen Elementary School
  • John M Andersen Jr High Middle School
  • Chandler High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener

Listing and Financial Details

  • Property Available on 1/28/25
  • $200 Move-In Fee
  • Rent includes garbage collection
  • 12-Month Minimum Lease Term
  • Tax Lot 45
  • Assessor Parcel Number 302-46-378

Community Details

Overview

  • Property has a Home Owners Association
  • Tealstone Ray Ranch Association, Phone Number (602) 957-9191
  • Built by Del Webb
  • Ray Ranch 2 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,770

Year Built

Built in 1996

Lot Details

0

Parking

3

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Garbage Collection
  • Available Date: 2025-01-28

Listing Details

  • Cross Street: Ray Rd & Dobson Rd
  • Legal Info Range: 5E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Rental Info H O A Name: TealStone Ray Ranch
  • Non Assistive Animals: Call
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Admin Fee: 200.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: Head west on Ray Rd, Turn left onto Raintree Way, Turn left onto Bullmoose Dr, Turn left onto Shannon St. Property will be on the right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: RAY RANCH 2
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Inside: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Softener, Water Purifier
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Soft Water Loop, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3200.0
  • Stories: 2
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, Inside, Gas Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Name: TealStone Ray Ranch
  • Phone: 602-957-9191
  • Association: Yes
  • Pets Allowed: Call

Schools

  • Elementary School: John M Andersen Elementary School
  • High School: Chandler High School
  • Junior High Dist: Chandler Unified District #80
  • Middle Or Junior School: John M Andersen Jr High School

Lot Info

  • Lot Size Sq Ft: 8546.0
  • Parcel #: 302-46-378

Building Info

  • Builder Name: Del Webb

Tax Info

  • Tax Book Number: 302.00
  • Tax Lot: 45
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2023
Sold by
Sribhumi Llc
Bought by
Rao Kiran Kumar and Rao Archana Kiran
Current Estimated Value
$862,762

Purchase Details

Closed on
Aug 24, 2022
Sold by
Kumar Rao Kiran
Bought by
Sribhumi Llc

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 23, 2021
Sold by
Rao Archana and Rao Kiran Kumar
Bought by
Rao Kiran Kumar
Seller's Agent
Kevin Le
DeLex Realty
Buyer's Agent
Hemalatha Majeti
Lotus Real Estate
List Price
$635,000
Sold Price
$680,000
Premium/Discount to List
$45,000
7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$504,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 15, 2021
Sold by
Le Chuong Chi and Le Ha Thi
Bought by
Rao Kiran Kumar
Seller's Agent
Kevin Le
DeLex Realty
Buyer's Agent
Hemalatha Majeti
Lotus Real Estate
List Price
$635,000
Sold Price
$680,000
Premium/Discount to List
$45,000
7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Le Chuong C and Le Ha T
Bought by
Lee Chuong Chi and Lee Ha Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2010
Sold by
Chuong & Ha Trust and Le Chuong Chi
Bought by
Le Chuong C and Le Ha T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2006
Sold by
Le Chuong C and Le Ha T
Bought by
Le Chuong Chi and Le Ha Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,800
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 20, 2002
Sold by
Le Chuong Chi and Le Ha Thi
Bought by
Le Chuong C and Le Ha T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.83%

Purchase Details

Closed on
Apr 1, 2001
Sold by
Le Chuong C and Le Ha T
Bought by
Le Chuong Chi and Le Ha Thi

Purchase Details

Closed on
Jun 4, 1996
Sold by
Del Webbs Coventry Homes Inc
Bought by
Le Chuong C and Le Ha T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,100
Interest Rate
8.06%
Mortgage Type
New Conventional
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
Rao Kiran Kumar -- --
Sribhumi Llc -- Scotts Docs Llc
Rao Kiran Kumar -- Magnus Title Agency
Rao Kiran Kumar $680,000 Magnus Title Agency Llc
Lee Chuong Chi -- Accommodation
Le Chuong C -- Driggs Title Agency Inc
Le Chuong Chi -- None Available
Le Chuong C -- Transnation Title Insurance
Le Chuong Chi -- --
Le Chuong C $218,892 First American Title
Del Webbs Coventry Homes Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rao Kiran Kumar $504,000
Previous Owner Le Chuong C $170,000
Previous Owner Le Chuong C $145,000
Previous Owner Le Chuong C $175,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Rented $3,099 0.0% --
03/11/2025 03/11/25 Under Contract -- -- --
01/28/2025 01/28/25 For Rent $3,099 0.0% --
06/24/2021 06/24/21 Sold $680,000 +7.1% $213 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $635,000 -- $198 / 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 $2,770 $36,047 -- --
2024 $2,712 $34,330 -- --
2023 $2,712 $53,280 $10,650 $42,630
2022 $2,617 $40,000 $8,000 $32,000
2021 $2,743 $37,870 $7,570 $30,300
2020 $2,730 $36,250 $7,250 $29,000
2019 $2,626 $35,150 $7,030 $28,120
2018 $2,543 $35,060 $7,010 $28,050
2017 $2,370 $33,510 $6,700 $26,810
2016 $2,283 $33,580 $6,710 $26,870
2015 $2,212 $28,320 $5,660 $22,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6811149

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-46-378