401 W Ray Rd Chandler, AZ 85225
Arrowhead Meadows NeighborhoodEstimated 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
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
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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
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
Map
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