$2,200,000
$2,750,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
527 E Ray Road Gilbert, AZ 85296
3 Beds
2.5 Baths
1,456 SqFt
Key Details
Sold Price $2,200,000
Property Type Single Family Home
Sub Type Single Family - Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,456 sqft
Price per Sqft $1,510
Subdivision Tierra Madre
MLS Listing ID 6545754
Sold Date 09/28/23
Style Ranch
Bedrooms 3
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1972
Annual Tax Amount $2,424
Tax Year 2022
Lot Size 4.123 Acres
Acres 4.12
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.
Location
State AZ
County Maricopa
Community Tierra Madre
Direction West on Ray to the property. The property is on the south side of Ray.
Rooms
Den/Bedroom Plus 3
Separate Den/Office N
Interior
Interior Features 3/4 Bath Master Bdrm, Laminate Counters
Heating Electric
Cooling Evaporative Cooling
Fireplaces Type 1 Fireplace
Fireplace Yes
SPA None
Laundry Wshr/Dry HookUp Only
Exterior
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
Fence Partial, Wire
Pool None
Landscape Description Irrigation Back, Irrigation Front
Utilities Available SRP
Amenities Available None
Waterfront No
Roof Type Composition,Built-Up
Private Pool No
Building
Lot Description Natural Desert Back, Natural Desert Front, Irrigation Front, Irrigation Back
Story 1
Builder Name Unknown
Sewer Septic Tank
Water City Water
Architectural Style Ranch
New Construction Yes
Schools
Elementary Schools Ashland Elementary
Middle Schools South Valley Jr. High
High Schools Mesquite High School
School District Higley Unified District
Others
HOA Fee Include No Fees
Senior Community No
Tax ID 304-43-097-B
Ownership Fee Simple
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Horse Property Y
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Financing Conventional
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