NOT LISTED FOR SALE
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
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
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

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 $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

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