NOT LISTED FOR SALE

633 E Ray Rd Unit 103 Gilbert, AZ 85296

Southwest Gilbert Neighborhood

Estimated Value: $481,486

Studio
-- Bath
13,742 Sq Ft
$35/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2023

Last sale price $485,000 $35 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,876 / mo

7 Days on Market

Highlights

  • Ceiling height between 12 to 15 feet
  • Cooling Available
  • 1-Story Property
  • Ashland Elementary School Rated A
  • Ceramic Tile Flooring
  • Landscaped

About This Home

As of September 2023

Lin-Ray Professional Suites. Suite 103 offers 1,447 SF available For Sale ($325/SF) or For Lease ($25/SF NNN). It can be continuous with Suite 101 for a combined 4,522 SF. All walls have been repainted and interior lights have been replaced with LEDs. Zoned CC - Community Commercial - Town of Gilbert. Large bullpen/open floor plan, private restroom & office. Two (2) covered parking spots included. 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

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,582

Year Built

  • Built in 2004

Lot Details

  • 1,447 Sq Ft Lot
  • Landscaped
  • Property is zoned CC

Parking

  • Open Parking

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 13,742 Sq Ft Home
  • 1-Story Property
  • Ceiling height between 12 to 15 feet
  • Ceramic Tile Flooring

Home Security

  • Security Lights
  • Fire Sprinkler System

Utilities

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

Community Details

  • Lin Ray Professional Suites Subdivision
  • Private Restrooms
  • Operating Expense $7,242

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 304-44-899

Property Details

Property Type

Other

Est. Annual Taxes

$3,582

Year Built

Built in 2004

Lot Details

1,447 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: 0.03
  • Subdivision Name: LIN-RAY PROFESSIONAL SUITES
  • Structure Type: Commercial, Office
  • Cooling:Cooling: Heat Pump
  • Electric:Electric: SRP
  • Ceiling Height: 12.1 Feet to 14 Feet
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 13742.0
  • Interior Features:Interior Features: Finished, Fire Sprinklers, Private Restrooms
  • Stories: 1 Story

Exterior Features

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

Garage/Parking

  • Parking Features: Open, Private
  • Attached Garage: No

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Security: Fire Sprinklers
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: See Remarks
  • Gas:Gas: None

Lot Info

  • Lot Size Sq Ft: 1447.0
  • Parcel #: 304-44-899

Multi Family

  • Annual Operating Expense: 7242.0
  • Leasable Area: 1447.0

Tax Info

  • Tax Annual Amount: 3582.0
  • Tax Book Number: 304.0
  • Tax Lot: 103
  • 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
$470,500
Sold Price
$485,000
Premium/Discount to List
$14,500
3.08%
Views
14
Current Estimated Value
$481,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,514
Avg. Annual Appreciation
-0.26%
Original Mortgage
$388,000
Interest Rate
0.0696%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2022
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
$250,000
Interest Rate
0.0369%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2007
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
$190,000
Interest Rate
0.0673%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 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
$188,034
Interest Rate
0.0579%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 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
$188,034
Interest Rate
0.0579%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$485,000 Great American Title Agency
$350,000 Pioneer Title
$231,260 Camelback Title Agency Llc
$231,450 Fidelity National Title
$242,250 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 $388,000
Previous Owner $250,000
Previous Owner $190,000
Previous Owner $188,034
Previous Owner $275,000
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 Prior Sale
09/22/2023 09/22/23 Sold $485,000 +3.1% $35 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $470,500 -41.9% $34 / Sq Ft
03/31/2017 03/31/17 Sold $810,000 +21.8% $112 / Sq Ft View Prior Sale
09/05/2016 09/05/16 Pending -- -- --
05/28/2016 05/28/16 For Sale $665,000 -- $92 / 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 $3,479 $38,314 -- --
2024 $3,578 $37,630 -- --
2023 $3,578 $55,675 $11,135 $44,540
2022 $3,582 $46,743 $9,345 $37,398
2021 $3,811 $44,604 $8,910 $35,694
2020 $3,755 $42,480 $8,496 $33,984
2019 $3,488 $40,230 $8,046 $32,184
2018 $3,392 $34,884 $6,966 $27,918
2017 $3,281 $34,974 $6,984 $27,990
2016 $3,364 $32,688 $6,534 $26,154
2015 $2,168 $23,588 $4,718 $18,870
Source: Public Records

Agents Affiliated with this Home

  • Alex Affas, CCIM

    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

    Buyer Co-Listing Agent in 2023

    Aaron Dutcher

    My Home Group

    (480) 797-8369

    2 in this area

    28 Total Sales

    Aaron Dutcher
    Section Image
  • Rick Padelford

    Seller's Agent in 2017

    Rick Padelford

    Realty Executives

    (602) 690-9120

    21 Total Sales

    Rick Padelford
    Section Image

  • G

    Buyer's Agent in 2017

    Gregory Chambliss

    West USA Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6596245

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-44-899

Arizona Maricopa County Gilbert 85295 Southwest Gilbert

633 E Ray Rd Unit 103, 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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