NOT LISTED FOR SALE

Estimated Value: $822,000 - $932,000

-- Bed
-- Bath
4,096 Sq Ft
$213/Sq Ft Est. Value

About This Home

This home is located at 401 W Ray Rd, Chandler, AZ 85225 and is currently estimated at $873,667, approximately $213 per square foot. 401 W Ray Rd is a home located in Maricopa County with nearby schools including Hartford Sylvia Encinas Elementary School, Chandler High School, and Andersen Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2021
Sold by
Palm Terrace Llc
Bought by
Dri Vista Star Llc and Salts Vista Llc
Current Estimated Value
$873,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Outstanding Balance
$1,992,757
Interest Rate
2.93%
Mortgage Type
Commercial
Estimated Equity
-$1,119,090

Purchase Details

Closed on
Sep 11, 2018
Sold by
Cornerstone At Ray Road Llc
Bought by
Palm Terrace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,460,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 8, 2015
Sold by
Vista Star Properties Iii Llc
Bought by
Cornerstone At Ray Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,031,500
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2012
Sold by
Vista Star Properties Iv Llc
Bought by
Barrett James L and Barrett Nancy J

Purchase Details

Closed on
Nov 10, 2006
Sold by
Barrett James and Barrett Nancy
Bought by
Vista Star Properties Iv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2006
Sold by
Vista Star Properties Iv Llc and Barrett James
Bought by
Barrett James and Barrett Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
Barrett James and Barrett Nancy
Bought by
Vista Star Properties Iv Llc

Purchase Details

Closed on
Aug 29, 2003
Sold by
Engelder Opal L
Bought by
Barrett James and Barrett Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
5.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 21, 2001
Sold by
The Engelder Family Trust
Bought by
The Engelder Revocable Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Dri Vista Star Llc $3,342,500 Fidelity National Title
Palm Terrace Llc $2,400,000 Fidelity National Title Agen
Cornerstone At Ray Road Llc $1,375,000 Chicago Title Agency Inc
Barrett James L -- None Available
Vista Star Properties Iv -- None Available
Barrett James -- None Available
Vista Star Properties Iv Llc -- --
Barrett James $748,000 Security Title Agency
The Engelder Revocable Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dri Vista Star Llc $2,200,000
Previous Owner Palm Terrace Llc $1,460,000
Previous Owner Cornerstone At Ray Road Llc $1,031,500
Previous Owner Vista Star Properties Iv $280,000
Previous Owner Barrett James $740,000
Source: Public Records

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 $1,732 $18,527 -- --
2024 $1,672 $17,645 -- --
2023 $1,672 $71,700 $14,340 $57,360
2022 $1,619 $48,670 $9,730 $38,940
2021 $1,664 $40,930 $8,180 $32,750
2020 $1,655 $34,080 $6,810 $27,270
2019 $1,597 $25,060 $5,010 $20,050
2018 $1,552 $24,250 $4,850 $19,400
2017 $1,458 $20,700 $4,140 $16,560
2016 $1,408 $18,870 $3,770 $15,100
2015 $1,350 $16,830 $3,360 $13,470
Source: Public Records

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