NOT LISTED FOR SALE

633 E Ray Rd Unit 109 Gilbert, AZ 85296

Southwest Gilbert Neighborhood

Estimated Value: $294,667

-- Bed
-- Bath
1,385 Sq Ft
$213/Sq Ft Est. Value

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available
  • Ashland Elementary School Rated A

About This Home

**Gorgeous Salon Condo** Price is $265,000 with equipment or $250,000 with no equipment. This is a stunning move-in ready suite! Suite features stately front desk area which includes Fish Tank and other interesting statues. Chandeliers enhance the Salon hanging stately over the 3 Nail Stations, 4 Pedicure Stations, 7 Hair Stations, a Facial Room and one bathroom! This place is really nice and nestled in a terrific complex that includes plenty of parking and is conveniently located near downtown Gilbert. Property is also for Lease. Contact us for Terms.

Last Agent to Sell the Property

Hani Aldulaimi

Keller Williams Realty East Valley License #BR533683000 Listed on: 03/26/2016

Keller Williams Realty East Valley

Last Buyer's Agent

Hani Aldulaimi

Keller Williams Realty East Valley License #BR533683000 Listed on: 03/26/2016

Keller Williams Realty East Valley

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,031

Year Built

  • Built in 2004

Lot Details

  • 1,385 Sq Ft Lot
  • Property is zoned C-C

Home Design

  • Tilt Up Walls
  • Tile Roof

Interior Spaces

  • 1,385 Sq Ft Home
  • Concrete Flooring

Utilities

  • Central Air
  • Heating Available
  • 220 Volts

Community Details

  • Lin Ray Condominiums 1St Amd Subdivision
  • Operating Expense $4,863

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number 304-44-904

Property Details

Property Type

Other

Est. Annual Taxes

$2,031

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: Ray Road and Lindsay Road
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: C-C
  • Current Use: Mixed Use, Retail
  • Year Built: 2004
  • Tax Year: 2015
  • Lot Size Acres: 0.03
  • Subdivision Name: LIN-RAY CONDOMINIUMS 1ST AMD
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Tilt-Up
  • Roof: See Remarks, Tile
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Parking:Public Parking: Yes

Utilities

  • Electric: 3 Phase Power, 220 Volts, SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 1385.0
  • Additional Parcels: No
  • Parcel #: 304-44-904
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4863.0

Tax Info

  • Tax Annual Amount: 2031.0
  • Tax Book Number: 304.00
  • Tax Lot: 107
  • Tax Map Number: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Ritchie R Jonathan
Bought by
633 Ray Llc
Current Estimated Value
$294,667

Purchase Details

Listed on
Mar 26, 2016
Closed on
Jul 26, 2017
Sold by
Phong Hang
Bought by
633 Ray Llc
Seller's Agent
Hani Aldulaimi
Keller Williams Realty East Valley
Buyer's Agent
Hani Aldulaimi
Keller Williams Realty East Valley
List Price
$265,000
Sold Price
$170,000
Premium/Discount to List
-$95,000
-35.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2012
Sold by
Tuong Binh Ngan
Bought by
Phong Xang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2012
Sold by
Lin Ray Condo Investors Llc
Bought by
Phong Xang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.58%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
633 Ray Llc -- --
Ritchie R Jonathan $125,375 --
Miller Michael G -- --
633 Ray Llc $170,000 American Title Service Agenc
Phong Xang -- Chicago Title Agency Inc
Phong Xang $75,000 Chicago Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 633 Ray Llc $160,000
Previous Owner Phong Xang $45,000
Previous Owner Phong Xang $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2016 12/12/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $265,000 -- $191 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,324 $36,605 -- --
2024 $3,419 $35,952 -- --
2023 $3,419 $53,074 $10,608 $42,466
2022 $3,422 $44,591 $8,908 $35,683
2021 $3,641 $42,570 $8,514 $34,056
2020 $3,587 $40,536 $8,100 $32,436
2019 $3,333 $38,430 $7,686 $30,744
2018 $3,241 $33,318 $6,660 $26,658
2017 $3,135 $33,408 $6,678 $26,730
2016 $3,214 $31,230 $6,246 $24,984
2015 $2,031 $22,534 $4,496 $18,038
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    Hani Aldulaimi

    Keller Williams Realty East Valley

    (480) 839-6600

    32 Total Sales

    Hani Aldulaimi
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5418522

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-44-904

Arizona Maricopa County Gilbert 85295 Southwest Gilbert

633 E Ray Rd Unit 109, Gilbert, AZ

Not Listed for Sale

Other

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

Nearby Homes