55 E Ray Rd Chandler, AZ 85225
North Chandler Neighborhood
3
Beds
2
Baths
13,690
Sq Ft
2.01
Acres
About This Home
This home is located at 55 E Ray Rd, Chandler, AZ 85225. 55 E Ray Rd is a home located in Maricopa County with nearby schools including Galveston Elementary School, Chandler High School, and Willis Junior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 18, 2021
Sold by
Realty Income Properties 25 Llc
Bought by
Arizonaray Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,875,400
Outstanding Balance
$2,578,901
Interest Rate
2.73%
Mortgage Type
Small Business Administration
Purchase Details
Closed on
Sep 25, 2013
Sold by
Ketchum Real Estate Investments Chandler
Bought by
Realty Income Properties 25 Llc
Purchase Details
Closed on
Feb 2, 2005
Sold by
Ketchum Stuart M and The Stuart M Ketchum 1998 Trus
Bought by
Ketchum Real Estate Investments Chandler
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,650,000
Interest Rate
5.74%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 15, 2002
Sold by
Evergreen Ray Ltd Partnership
Bought by
Ketchum Stuart M and Ketchum Carol E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,812,000
Interest Rate
6.99%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arizonaray Investments Llc | $2,075,000 | Fidelity National Title | |
| Realty Income Properties 25 Llc | $4,155,890 | Fidelity National Title | |
| Ketchum Real Estate Investments Chandler | -- | First American Title | |
| Ketchum Stuart M | $3,681,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arizonaray Investments Llc | $2,875,400 | |
| Previous Owner | Ketchum Real Estate Investments Chandler | $3,650,000 | |
| Previous Owner | Ketchum Stuart M | $2,812,000 |
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 | $45,989 | $491,839 | -- | -- |
| 2024 | $47,161 | $483,056 | -- | -- |
| 2023 | $47,161 | $698,411 | $340,391 | $358,020 |
| 2022 | $47,015 | $556,728 | $258,773 | $297,955 |
| 2021 | $49,705 | $571,572 | $266,166 | $305,406 |
| 2020 | $49,429 | $576,378 | $270,486 | $305,892 |
| 2019 | $47,696 | $550,494 | $257,238 | $293,256 |
| 2018 | $46,337 | $473,238 | $184,788 | $288,450 |
| 2017 | $43,533 | $487,098 | $171,108 | $315,990 |
| 2016 | $42,049 | $433,476 | $145,314 | $288,162 |
| 2015 | $41,439 | $374,292 | $169,756 | $204,536 |
Source: Public Records
Map
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