NOT LISTED FOR SALE

255 E Ray Rd Gilbert, AZ 85296

Southwest Gilbert Neighborhood

Estimated Value: $1,439,000 - $1,500,000

7 Beds
6 Baths
4,535 Sq Ft
$324/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $1,170,000 $258 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,038/month

167 Days on Market

Highlights

  • Guest House
  • Horse Stalls
  • RV Garage
  • Ashland Elementary School Rated A
  • Heated Pool
  • Gated Parking

About This Home

As of January 2021

Featured on Fox's ''Cool House'' the Modern Farm has a fresh new look! This 8 bd, 6 ba estate features a beautiful barn perfect for hosting events or large enough for your RV or up to 6 cars! Surrounded by over 3000 sqft of covered patio space, a luscious yard lined w/ mature Ash trees & over 3 dozen fruit trees including: apple, apricot, peach, pear & plum. Fall in love w/ this gourmet kitchen complete w/ stainless appliances, quartz counters, shiplap & open shelving. The impeccable master suite includes a private exit to the tropical backyard retreat made private by mature grape & passion fruit vines, palm trees & a large gazebo. The master features a lavish soaking tub, walk-in shower, floating vanities, & a huge closet. Continue to cash flow this property or make it your forever home n

Last Agent to Sell the Property

Sean Cooke

DeLex Realty License #SA627784000 Listed on: 05/16/2020

DeLex Realty

Last Buyer's Agent

Sean Cooke

DeLex Realty License #SA627784000 Listed on: 05/16/2020

DeLex Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,664

Year Built

  • Built in 1972

Lot Details

  • 1.07 Acre Lot
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 6 Car Detached Garage
  • 2 Open Parking Spaces
  • 2 Carport Spaces
  • Garage ceiling height seven feet or more
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Gated Parking
  • RV Garage

Home Design

  • Designed by Custom Architects
  • Wood Frame Construction
  • Composition Roof
  • Reflective Roof
  • Metal Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 4,535 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Two Way Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 6 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Pool
  • Above Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage
  • Playground

Schools

  • Ashland Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Horse Stalls

Utilities

  • Refrigerated and Evaporative Cooling System
  • Central Air
  • Heating Available
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Guest House
  • Flood Irrigation

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 304-43-112-A

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Ranchos Del Sol Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,664

Year Built

Built in 1972

Lot Details

0

Parking

6

Listing Details

  • Cross Street: E Ray Rd & S Gilbert Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Custom
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2020
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2020
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2015
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2020
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2015
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2015
  • Updated Room Addition: Partial
  • Items Updated Rm Adtn Yr Updated: 2020
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2020
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 8.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1972
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.07
  • Subdivision Name: RANCHOS DEL SOL
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 257.99
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Concrete
  • Basement YN: No
  • Spa Features: Above Ground
  • Appliances: Electric Cooktop
  • Total Bedrooms: 7
  • Fireplace Features: 1 Fireplace, Two Way Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4535.0
  • Stories: 1
  • Window Features: Skylight(s), Low-Emissivity Windows, Dual Pane, ENERGY STAR Qualified Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron, Wood
  • Exterior Features: Playground, Balcony, Private Yard, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back, Flood Irrigation
  • Pool Features: Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Separate Guest House, Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition, Reflective Coating, Foam, Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: RV Access/Parking, Gated, RV Gate, Garage Door Opener, Over Height Garage, Rear Vehicle Entry, Separate Strge Area, Detached, RV Garage
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 6.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:RV Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Both Refrig & Evap, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Ashland Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Horse Amenities: Stall
  • Land Lease: No
  • Lot Size Sq Ft: 46631.0
  • Parcel #: 304-43-112-A

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 3664.0
  • Tax Book Number: 304.00
  • Tax Lot: 6
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2020
Closed on
Jan 6, 2021
Sold by
Modern Farm Llc
Bought by
Haynes Helena and Haynes John
Seller's Agent
Sean Cooke
DeLex Realty
Buyer's Agent
Sean Cooke
DeLex Realty
List Price
$1,349,000
Sold Price
$1,170,000
Premium/Discount to List
-$179,000
-13.27%
Current Estimated Value
$1,466,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,958
Avg. Annual Appreciation
4.74%
Original Mortgage
$990,000
Outstanding Balance
$883,423
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$587,696

Purchase Details

Closed on
Sep 17, 2018
Sold by
Cooke Sean B and Cooke Cynthia L
Bought by
Modern Farm Llc

Purchase Details

Listed on
Nov 9, 2014
Closed on
Jan 6, 2015
Sold by
Ds & K Investments Llc
Bought by
Cooke Sean B and Cooke Cynthia L
Seller's Agent
Merri Krugen
AZMK Realty
Buyer's Agent
Sean Cooke
DeLex Realty
List Price
$550,000
Sold Price
$400,000
Premium/Discount to List
-$150,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.64%
Original Mortgage
$300,000
Interest Rate
3.82%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 27, 2014
Sold by
Sampley James F and Sampley Valerie
Bought by
Ds & K Investments Llc

Purchase Details

Closed on
Aug 16, 2001
Sold by
Webb David and Webb Mary
Bought by
Sampley Ii James F and Sampley Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 1998
Sold by
Hornsby Robert W
Bought by
Webb David and Webb Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Haynes Helena $1,170,000 First Arizona Title Agency
Modern Farm Llc -- None Available
Cooke Sean B $400,000 Clear Title Agency
Ds & K Investments Llc $191,891 First American Title
Sampley Ii James F $200,000 Capital Title Agency
Webb David $200,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haynes Helena $990,000
Previous Owner Cooke Sean B $300,000
Previous Owner Sampley Ii James F $190,000
Previous Owner Webb David $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2021 01/08/21 Sold $1,170,000 -1.7% $258 / Sq Ft
10/10/2020 10/10/20 Price Changed $1,190,000 -4.7% $262 / Sq Ft
10/05/2020 10/05/20 Price Changed $1,249,000 +4.2% $275 / Sq Ft
09/28/2020 09/28/20 Price Changed $1,199,000 -4.1% $264 / Sq Ft
06/24/2020 06/24/20 Price Changed $1,249,900 -2.0% $276 / Sq Ft
05/30/2020 05/30/20 Price Changed $1,274,900 -1.9% $281 / Sq Ft
05/23/2020 05/23/20 Price Changed $1,299,000 -3.7% $286 / Sq Ft
05/16/2020 05/16/20 For Sale $1,349,000 +237.3% $297 / Sq Ft
01/15/2015 01/15/15 Sold $400,000 -11.1% $126 / Sq Ft View Prior Sale
01/01/2015 01/01/15 Price Changed $450,000 -5.3% $142 / Sq Ft
12/08/2014 12/08/14 Price Changed $475,000 -2.1% $150 / Sq Ft
12/01/2014 12/01/14 Price Changed $485,000 -2.8% $153 / Sq Ft
11/24/2014 11/24/14 Price Changed $499,000 -5.0% $158 / Sq Ft
11/17/2014 11/17/14 Price Changed $525,000 -4.5% $166 / Sq Ft
11/09/2014 11/09/14 For Sale $550,000 -- $174 / 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 $4,224 $53,132 -- --
2024 $4,070 $50,602 -- --
2023 $4,070 $95,770 $19,150 $76,620
2022 $3,942 $73,400 $14,680 $58,720
2021 $4,098 $63,350 $12,670 $50,680
2020 $3,889 $57,410 $11,480 $45,930
2019 $3,664 $46,480 $9,290 $37,190
2018 $3,543 $46,760 $9,350 $37,410
2017 $3,422 $44,700 $8,940 $35,760
2016 $2,956 $33,300 $6,660 $26,640
2015 $2,697 $31,870 $6,370 $25,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sean Cooke

    DeLex Realty

    (480) 252-0021

    1 in this area

    18 Total Sales

    Sean Cooke
    Section Image
  • Steve Penate

    Buyer Co-Listing Agent in 2021

    Steve Penate

    My Home Group

    (623) 570-2789

    1 in this area

    109 Total Sales

    Steve Penate
    Section Image
  • Merri Krugen

    Seller's Agent in 2015

    Merri Krugen

    AZMK Realty

    (602) 881-0868

    42 Total Sales

    Merri Krugen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6079283

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-43-112A

Arizona Maricopa County Gilbert 85295 Southwest Gilbert

255 E Ray Rd, Gilbert, AZ

Not Listed for Sale

Detached

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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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