NOT LISTED FOR SALE

633 E Ray Rd Unit 101 Gilbert, AZ 85296

Southwest Gilbert Neighborhood

Estimated Value: $1,005,367

Studio
-- Bath
3,075 Sq Ft
$327/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2023

Last sale price $999,500 $325 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,902 / mo

7 Days on Market

Highlights

  • Corner Lot
  • Community Kitchen
  • Ceiling height between 12 to 15 feet
  • Ashland Elementary School Rated A
  • Computer Room
  • Display Windows

About This Home

As of September 2023

Lin-Ray Professional Suites. Suite 101 offers 3,075 SF available For Sale ($325/SF) or For Lease ($25/SF NNN). It can be continuous with Suite 103 for a combined 4,522 SF. All walls have been repainted and interior lights have been replaced with LEDs. Frontage on Ray Road, four (4) covered parking spots, and one (1) 10'x20' storage unit are included in the purchase. Zoned CC - Community Commercial - Town of Gilbert. Receptionist area, office/exam rooms, plenty of restrooms and entrances. Great for a Professional and/or Medical User.

Last Agent to Sell the Property

Alex Affas, CCIM

AFFIRE, LLC License #BR670396000 Listed on: 08/23/2023

Last Buyer's Agent

Nicholas Skogen

My Home Group Real Estate License #SA669539000

My Home Group Real Estate
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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,787

Year Built

  • Built in 2004

Lot Details

  • 3,075 Sq Ft Lot
  • Property fronts a highway
  • Landscaped
  • Corner Lot
  • Property is zoned CC

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 3,075 Sq Ft Home
  • 1-Story Property
  • Ceiling height between 12 to 15 feet
  • Display Windows
  • Computer Room
  • Ceramic Tile Flooring

Home Security

  • Security Lights
  • Alarm System
  • Fire Sprinkler System

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Paved Parking
  • Open Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 304-44-897

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Showroom
  • Private Restrooms
  • Reception Area

Additional Features

  • Lin Ray Professional Suites Subdivision
  • Operating Expense $5,427

Property Details

Property Type

Other

Est. Annual Taxes

$4,787

Year Built

Built in 2004

Lot Details

3,075 Sq Ft Lot

Listing Details

  • Cross Street: Lindsay & Ray Road
  • Property Type: Comm/Industry Sale
  • Zoning: CC
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2004
  • Tax Year: 2022
  • Lot Size Acres: 0.07
  • Subdivision Name: LIN-RAY PROFESSIONAL SUITES
  • Structure Type: Commercial, Office
  • Cooling:Cooling: Heat Pump
  • Electric:Electric: SRP
  • FreewayHighway: Frontage
  • Ceiling Height: 12.1 Feet to 14 Feet
  • Building Features: Conference Room, Reception Room, Showroom, Kitchen, Computer Room, Display Window(s)
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Other
  • Living Area: 3075.0
  • Interior Features:Interior Features: Finished, Fire Sprinklers, Alarm System, Private Restrooms
  • Stories: 1 Story

Exterior Features

  • Fencing: See Remarks
  • Disclosures: None
  • Construction Type: Wood Frame, Other, Stucco
  • Roof: Foam
  • Exterior: Corner Lot, Landscaping, Storage Yard, Roof Sign, Building Sign, Security Light(s)

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Open, Private, Paved, Parking Lot
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Security: Fire Sprinklers, Alarm System
  • Green Building Features: Conference Room, Reception Room, Showroom, Kitchen, Computer Room, Display Window(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks
  • Gas:Gas: None

Lot Info

  • Lot Size Sq Ft: 3075.0
  • Parcel #: 304-44-897

Multi Family

  • Annual Operating Expense: 5427.0

Tax Info

  • Tax Annual Amount: 4787.0
  • Tax Book Number: 304.0
  • Tax Lot: 101
  • Tax Map Number: 44.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 22, 2023
Sold by
Bought by
Seller's Agent
Alex Affas, CCIM
AFFIRE, LLC
Buyer's Agent
Nicholas Skogen
My Home Group Real Estate
List Price
$999,500
Sold Price
$999,500
Views
18
Current Estimated Value
$1,005,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,867
Avg. Annual Appreciation
0.20%
Original Mortgage
$799,600
Outstanding Balance
$394,268
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$611,099

Purchase Details

Closed on
Mar 2, 2022
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,900
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,400
Interest Rate
5.94%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Southwest Gilbert, AZ

  • Lisa Merris Real Estate Agent - Realty ONE Group

    Lisa Merris

    Realty ONE Group

    (623) 263-3352

    42 Total Sales

    1 in Southwest Gilbert

    $933,000 Price

    Lisa Merris
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  • Alexander Prewitt Real Estate Agent - Real Broker

    Alexander Prewitt

    Real Broker

    (520) 214-6602

    448 Total Sales

    1 in Southwest Gilbert

    $825,000 Price

    Alexander Prewitt
     Section Image
  • Megan Faber Real Estate Agent - Real Broker

    Megan Faber

    Real Broker

    (623) 323-5384

    113 Total Sales

    1 in Southwest Gilbert

    $930,000 Price

    Megan Faber
     Section Image
  • Stephanie Bishop Real Estate Agent - Bliss Realty & Investments

    Stephanie Bishop

    Bliss Realty & Investments

    (623) 253-3955

    32 Total Sales

    1 in Southwest Gilbert

    $775,000 Price

    Stephanie Bishop
     Section Image

  • DS

    Devin Snow

    Snow Realty & Property Management

    (833) 499-0362

    65 Total Sales

    2 in Southwest Gilbert

    $700K - $1.8M Price Range

    Devin Snow
     Section Image
  • Ronit Urman Real Estate Agent - Urman

    Ronit Urman

    Urman

    (602) 932-2583

    46 Total Sales

    1 in Southwest Gilbert

    $505,000 Price

    Ronit Urman
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$999,500 Great American Title Agency
$800,000 Pioneer Title
$810,000 First American Title Insuran
$450,660 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $799,600
Closed $388,000
Previous Owner $746,900
Previous Owner $979,000
Previous Owner $641,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $999,500 0.0% $325 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $999,500 -- $325 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,649 $51,201
2024 $4,782 $50,287
2023 $4,782 $107,644 $21,522 $86,122
2022 $4,787 $89,268 $17,850 $71,418
2021 $5,093 $85,266 $17,046 $68,220
2020 $5,018 $80,676 $16,128 $64,548
2019 $4,661 $75,906 $15,174 $60,732
2018 $4,533 $65,358 $13,068 $52,290
2017 $4,385 $65,574 $13,104 $52,470
2016 $4,495 $61,524 $12,294 $49,230
2015 $4,213 $43,697 $8,732 $34,965
Source: Public Records

Agents Affiliated with this Home

  • Alex Affas, CCIM Real Estate Agent - AFFIRE, LLC

    Seller's Agent in 2023

    Alex Affas, CCIM

    AFFIRE, LLC

    (480) 516-2046

    3 in this area

    21 Total Sales

    Alex Affas, CCIM
    Section Image

  • N

    Buyer's Agent in 2023

    Nicholas Skogen

    My Home Group

    (480) 685-2760

    2 in this area

    5 Total Sales

    Nicholas Skogen
    Section Image
  • Aaron Dutcher Real Estate Agent - My Home Group

    Buyer Co-Listing Agent in 2023

    Aaron Dutcher

    My Home Group

    (480) 797-8369

    2 in this area

    29 Total Sales

    Aaron Dutcher
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6596237

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-44-897

Arizona Maricopa County Gilbert 85295 Southwest Gilbert

633 E Ray Rd Unit 101, Gilbert, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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