$2,750,000
Gilbert, AZ 85296
MLS# 6545754
Status: Closed
3 beds | 2.5 baths
1 / 12
Property Description
AMAZING AND RARE INVESTMENT OPPORTUNITY in the HEART of GILBERT! Surrounded by city amenities and breathtaking mountain views, the land can be subdivided into 4, 1+ acre lots or left as is to build your dream estate and horse stables. With NO HOA, and residential zoning, the space is yours to develop as you desire. Located just minutes from downtown Gilbert and the San Tan Mall, Main Event, Top Golf -- PLUS all of the outdoor dining and shopping experiences the San Tan Village community offers! Tenants are currently in place until March 2026.
Details
Maps
Contract Information
Status Change Date: 2023-09-28
List Price: $2,750,000
Status: Closed
Current Price: $2,200,000
List Date: 2023-04-18
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: T40
House Number: 527
Compass: E
Street Name: Ray
St Suffix: Road
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85296
Country: USA
County Code: Maricopa
Assessor's Map #: 43
Assessor's Parcel #: 97
Assessor Parcel Ltr: B
Assessor Number: 304-43-097-B
Subdivision: Tierra Madre
Tax Municipality: Maricopa - COUNTY
Taxes: 2424
Tax Year: 2022
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
# Bathrooms: 2.5
Approx SQFT: 1456
Price/SqFt: 1510.99
Horses: Y
Builder Name: Unknown
Year Built: 1972
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 179613
Approx Lot Acres: 4.123
Pool: None
Elementary School: Ashland Elementary
Jr. High School: South Valley Jr. High
High School: Mesquite High School
Elementary School District: Higley Unified District
High School District: Higley Unified District
Remarks & Misc
Cross Street: Lindsay & Ray Rd
Directions: West on Ray to the property. The property is on the south side of Ray.
Geo Lat: 33.320238
Geo Lon: -111.779176
Status Change Info
Off Market Date: 2023-09-28
Under Contract Date: 2023-06-01
Close of Escrow Date: 2023-09-28
Sold Price: 2200000
Legal Info
Lot Number: 21
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Parking Spaces
Garage Spaces: 2
Carport Spaces: 2
Total Covered Spaces: 4
Sold Info
Loan Type: Conventional
Closing Cost Split: Seller Assist - A
Buyer Concession $/%: $
Seller Concession to Buyer: 50000
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Architecture: Ranch
Master Bathroom: 3/4 Bath Master Bdrm
Fireplace: 1 Fireplace
Pool Features: No Pool
Spa: None
Dining Area: Dining in FR
Kitchen Features: Disposal; Laminate Counters
Laundry: Wshr/Dry HookUp Only
Features: Fix-Up Needs Repair
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle; Built-Up
Cooling: Evaporative Cooling
Heating: Electric
Utilities: SRP
Water: City Water
Sewer: Septic Tank
Services: City Services
Fencing: Wire; Partial
Landscaping: Natural Desert Front; Natural Desert Back; Irrigation Front; Irrigation Back
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Possession: Close of Escrow
Association Fee Incl: No Fees
Assoc Rules/Info: None
Existing 1st Loan: Treat as Free&Clear
New Financing: FHA; Conventional; 1031 Exchange
Disclosures: Seller Discl Avail
Listing Office: Realty ONE Group
Last Updated: December - 27 - 2023
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Thursday 25th of April 2024 08:01 AM