NOT LISTED FOR SALE

Estimated Value: $505,133 - $554,000

4 Beds
2.5 Baths
2,430 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $274,000 $113 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,835/month

Highlights

  • Granite Countertops
  • Covered Patio or Porch
  • Dual Vanity Sinks in Primary Bathroom
  • Gateway Pointe Elementary School Rated A-
  • Eat-In Kitchen
  • Community Playground

About This Home

As of November 2022

Meticulously maintained large home in the prestigious Ray Ranch community. Located just minutes from shopping, entertainment, restaurants and the San Tan loop 202 freeway, you will love how quickly you can get to what you need. Located in the highly regarded town of Gilbert, AZ and within the district of the Gilbert schools, this property has all the great things that you want a property to have. There are 3 living areas to entertain in while maintaining your privacy by having the bedrooms upstairs away from the guests. You will experience additional privacy by having no neighbor behind peering over your fence from upstairs.

Last Agent to Rent the Property

Robert Mitchell

Showtime Realty Professionals, LLC License #BR515049000 Listed on: 08/03/2022

Last Renter's Agent

Robert Mitchell

Showtime Realty Professionals, LLC License #BR515049000 Listed on: 08/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,609

Year Built

  • Built in 2002

Lot Details

  • 3,870 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,430 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Gateway Pointe Elementary School
  • Cooley Middle School
  • Williams Field High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 8/3/22
  • $25 Move-In Fee
  • 12-Month Minimum Lease Term
  • $150 Application Fee
  • Tax Lot 117
  • Assessor Parcel Number 304-28-134

Community Details

Overview

  • Property has a Home Owners Association
  • Ray Ranch Association, Phone Number (480) 635-1133
  • Built by KB Homes
  • Ray Ranch Unit 1 Subdivision

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,609

Year Built

Built in 2002

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2022-08-03

Listing Details

  • Cross Street: E Ray Rd & S Recker Rd
  • Legal Info Range: 6E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Rental Info H O A Name: Ray Ranch
  • Non Assistive Animals: No
  • Rental Info Rental Tax Percent: 1.5
  • Initial Move In Costs Admin Fee: 25.0
  • Initial Move In Costs Application Fee: 150.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: East on Ray to Tatum Lane, North on Tatum to Constitution, West to Home. Taking Constitution all the way until you run into the home.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: RAY RANCH UNIT 1
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Cooling:Ceiling Fan(s): Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Pantry, Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 2430.0
  • Stories: 2
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: 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 Elec: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Name: Ray Ranch
  • Phone: 480-635-1133
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Gateway Pointe Elementary
  • High School: Williams Field High School
  • Middle Or Junior School: Cooley Middle School

Lot Info

  • Lot Size Sq Ft: 3870.0
  • Parcel #: 304-28-134
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: KB Homes

Tax Info

  • Tax Book Number: 304.00
  • Tax Lot: 117
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2017
Closed on
May 16, 2017
Sold by
Cherney John R and Cherney Darlene C
Bought by
Geil Christopher
Seller's Agent
Janine Igliane
Keller Williams Integrity First
Buyer's Agent
Mark Newman
Realty ONE Group
List Price
$269,000
Sold Price
$274,000
Premium/Discount to List
$5,000
1.86%
Current Estimated Value
$509,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,501
Avg. Annual Appreciation
8.14%
Original Mortgage
$260,300
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2009
Sold by
Liu Xiu Z
Bought by
Cherney John R and Cherney Darlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2007
Sold by
Liu Jing
Bought by
Liu Xiu Zhen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,550
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2007
Sold by
Smith Chad
Bought by
Liu Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,550
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2002
Sold by
Kb Home Sales Phoenix Inc
Bought by
Smith Chad M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,900
Interest Rate
6.5%
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
Geil Christopher $274,000 Security Title Agency Inc
Cherney John R $178,000 First American Title Ins Co
Liu Xiu Zhen -- None Available
Liu Jing $235,725 Land Title Agency Of Az Inc
Smith Chad M $177,435 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geil Christopher $260,300
Previous Owner Cherney John R $133,000
Previous Owner Liu Jing $188,550
Previous Owner Smith Chad M $141,900
Closed Smith Chad M $35,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Rented $2,300 -4.2% --
10/24/2022 10/24/22 Under Contract -- -- --
08/25/2022 08/25/22 Price Changed $2,400 -4.0% $1 / Sq Ft
08/03/2022 08/03/22 For Rent $2,500 +4.2% --
07/22/2021 07/22/21 Rented $2,400 0.0% --
07/11/2021 07/11/21 Under Contract -- -- --
06/26/2021 06/26/21 For Rent $2,400 0.0% --
05/22/2017 05/22/17 Sold $274,000 +1.9% $113 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $269,000 -- $111 / 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 $1,609 $20,437 -- --
2024 $1,987 $19,464 -- --
2023 $1,987 $35,510 $7,100 $28,410
2022 $1,910 $26,350 $5,270 $21,080
2021 $1,642 $23,830 $4,760 $19,070
2020 $1,674 $22,660 $4,530 $18,130
2019 $1,622 $20,850 $4,170 $16,680
2018 $1,562 $19,350 $3,870 $15,480
2017 $1,505 $18,100 $3,620 $14,480
2016 $1,529 $17,180 $3,430 $13,750
2015 $1,333 $16,670 $3,330 $13,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6444333

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-28-134