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255 E Ray Rd; Gilbert, AZ Property Details

255 E Ray Rd, Gilbert, AZ is a Single Family that was built in 1972. This property is currently Financed and is not for sale. Our records show that 255 E Ray Rd has 7 bedrooms, and 4 bathrooms, and a total of 4,535 square feet. The lot size of 255 E Ray Rd is 46,631 square feet.

Off market
255 E Ray Rd Gilbert, AZ 85296
$1,170,000 Listing Price
7 Beds
4 Baths
4,535 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1972
  • Purchase Price: $1,170,000
  • Open Loans / Balance: 1 / $869,133
  • Est. Equity / %: $691,867 / 44.32%
  • Gross Yield: 5.882%
  • APN: 304-43-112-A
  • Situs County: Maricopa
  • Length Of Ownership: 5 years, 5 months

Rooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Pool Type: Yes
  • Roof Cover Type: Concrete

Measurements

  • Total: 4,535/SqFt
  • Lot: 46,631/SqFt
  • Gross: 5,312/SqFt
  • Living: 4,535/SqFt
  • Building: 4,535/SqFt
  • Ground: 4,325/SqFt
  • Price Per Square Foot: $257.99

Legal Description

  • Description: RANCHOS DEL SOL MCR 136-23
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Gilbert Unified District
  • Lat / Lon: 33.320618 / -111.78461
  • Subdivision: Ranchos Del Sol
  • Property Class: Residential
  • Zoning: R-43
  • County Use Code: 0131

Amenities

  • Pool: true
  • Plus Four: 4203
  • Bathroom Fixtures: 12
  • Cooling: Refrigeration
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

255 E Ray Rd has no associated ownership info
255 E Ray Rd has no associated ownership info.

Taxes

255 E Ray Rd has 9 associated Taxes items

255 E Ray Rd, Gilbert, AZ pays taxes in Maricopa County, AZ. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $53,132. The APN we've located for 255 E Ray Rd is 304-43-112-A.

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Taxes
  • Assessed Value:  $53,132
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  304-43-112-A
  • Market Land Value:  206700
  • Tax Amount:  4224.08
  • Tax Year:  2025
  • Market Value:  1033500
  • Market Year:  2025

Tax History

255 E Ray Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $53,132 Land Value Improvement Value Tax Amount $4,224.08 Change Rate +0.043998% Assessed CR Tax Rate +0.079502%
Year 2024 Assessed Value $50,602 Land Value Improvement Value Tax Amount $4,046.06 Change Rate -0.005921% Assessed CR Tax Rate +0.079958%
Year 2023 Assessed Value $95,770 Land Value $19,150 Improvement Value $76,620 Tax Amount $4,070.16 Change Rate +0.032543% Assessed CR Tax Rate +0.042499%
Year 2022 Assessed Value $73,400 Land Value $14,680 Improvement Value $58,720 Tax Amount $3,941.88 Change Rate -0.03804% Assessed CR Tax Rate +0.053704%
Year 2021 Assessed Value $63,350 Land Value $12,670 Improvement Value $50,680 Tax Amount $4,097.76 Change Rate +0.053593% Assessed CR Tax Rate +0.064684%
Year 2020 Assessed Value $57,410 Land Value $11,480 Improvement Value $45,930 Tax Amount $3,889.32 Change Rate +0.061554% Assessed CR Tax Rate +0.067746%
Year 2019 Assessed Value $46,480 Land Value $9,290 Improvement Value $37,190 Tax Amount $3,663.8 Change Rate +0.034043% Assessed CR Tax Rate +0.078825%
Year 2018 Assessed Value $46,760 Land Value $9,350 Improvement Value $37,410 Tax Amount $3,543.18 Change Rate +0.035467% Assessed CR Tax Rate +0.075774%
Year 2017 Assessed Value $44,700 Land Value $8,940 Improvement Value $35,760 Tax Amount $3,421.82 Change Rate +0.157718% Assessed CR Tax Rate +0.076551%
Year 2016 Assessed Value $33,300 Land Value $6,660 Improvement Value $26,640 Tax Amount $2,955.66 Change Rate +0.095882% Assessed CR Tax Rate +0.088759%
Year 2015 Assessed Value $31,870 Land Value $6,370 Improvement Value $25,500 Tax Amount $2,697.06 Change Rate +0.11811% Assessed CR Tax Rate +0.084627%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,412.16 Change Rate Assessed CR Tax Rate