Gilbert, AZ 85296,527 E Ray Road
Gilbert, AZ 85296,527 E Ray Road
Gilbert, AZ 85296,527 E Ray Road
Gilbert, AZ 85296,527 E Ray Road
Gilbert, AZ 85296,527 E Ray Road
Gilbert, AZ 85296,527 E Ray Road
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$2,200,000

$2,750,000

20.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3 Beds

2.5 Baths

1,456 SqFt


SOLD DATE : 09/28/2023

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 No

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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Arizona Regional MLS (ARMLS)
Listed by Realty ONE Group
Bought with HomeSmart

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Josh Williams

Agent | SASA684268000

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