$810,000
SOLD MAR 31, 2017

633 E Ray Rd Unit 103 Gilbert, AZ 85296

Southwest Gilbert Neighborhood
-- Bed
-- Bath
7,253 Sq Ft
7,253 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

22% Above List Price

100 Days on Market

Highlights

  • Fitness Center
  • Ashland Elementary School Rated A
  • Heating Available

About This Home

As of September 2023

Past tenant was a gym/work out facility ** also would be great for a yoga studio ** Open space with private bathroom ** Great central Gilbert location ** May be leased or purhcased with the adjoining medical office for a total of 4600 square feet.

Last Agent to Sell the Property

Rick Padelford

Realty Executives License #SA030962000

Realty Executives

Last Buyer's Agent

Gregory Chambliss

West USA Realty License #SA646230000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,168

Year Built

  • Built in 2004

Lot Details

  • 7,253 Sq Ft Lot
  • Additional Parcels
  • Property is zoned C-C

Home Design

  • 7,253 Sq Ft Home
  • Wood Frame Construction
  • Stucco

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces

Utilities

  • Heating Available

Listing and Financial Details

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

Community Details

Recreation

  • Fitness Center

Additional Features

  • Lin Ray Condominiums 1St Amd Subdivision
  • Operating Expense $8,403

Property Details

Property Type

Other

Est. Annual Taxes

$2,168

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: Ray and Lindsay
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: C-C
  • Current Use: Mixed Use, Office
  • Number Of Buildings: 1
  • Year Built: 2004
  • Tax Year: 2015
  • Directions: Ray Road, just east of Lindsay on the south side. This condo fronts Ray Road and is just to the right when you pull in.
  • Lot Size Acres: 0.17
  • Road Surface Type: Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: LIN-RAY CONDOMINIUMS 1ST AMD
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Other, See Remarks
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Office A/C
  • Heating: Electric
  • Green Building Features: Exercise Room
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Exercise Room: Yes

Lot Info

  • Lot Size Sq Ft: 7253.0
  • Additional Parcels: Yes
  • Parcel #: 304-44-899
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 8403.0
  • Leasable Area: 1492.0

Tax Info

  • Tax Annual Amount: 2168.0
  • Tax Book Number: 304.00
  • Tax Lot: 103
  • Tax Map Number: 44.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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 $3,455 $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

Mortgage History

Date Status Loan Amount Loan Type
Open $388,000 New Conventional
Open $799,600 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $746,900 Commercial
Previous Owner $390,000 Credit Line Revolving
Previous Owner $190,000 Commercial
Previous Owner $188,034 Commercial
Previous Owner $275,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $485,000 Great American Title Agency
Special Warranty Deed $350,000 Pioneer Title
Warranty Deed $231,260 Camelback Title Agency Llc
Special Warranty Deed $231,450 Fidelity National Title
Special Warranty Deed $242,250 Fidelity National Title
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5453589

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

Homes for Sale in Gilbert, AZ

This home is located at 633 E Ray Rd Unit 103, Gilbert, AZ 85296 and is currently priced at $810,000, approximately $111 per square foot. This property was built in 2004. 633 E Ray Rd Unit 103 is a home located in Maricopa County with nearby schools including Ashland Elementary School, South Valley Jr. High School, and Campo Verde High School.

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