Sold
Last Sold Price
1 bed1 bath2,440 sqft
465 E Ray Rd, Gilbert, AZ 85295
Single FamilyProperty Type
1.03 acresLot Size
1971Year Built
$82/sq ftPrice per sq ft
1 carParking Spaces

Description

This is a BANK OWNED property located in the Tierra Madre subdivision. No HOA. This home sits on two parcels 304-43-084-G and 304-43-084-F. Buyer must purchase both parcels and list price is for both parcels. Zoned R-143. Buyer can call Town of Gilbert with zoning questions. This home is being sold AS-IS. The seller has never occupied the property. Seller may credit buyer up to a maximum 3% of sales price towards closing costs if negotiated in final signed counter offer.This is a BANK OWNED property located in the Tierra Madre subdivision. No HOA. This home sits on two parcels 304-43-084-G and 304-43-084-F. Buyer must purchase both parcels and list price is for both parcels. Zoned R-143. Buyer can call Town of Gilbert with zoning questions. This home is being sold AS-IS. The seller has never occupied the property. Seller may credit buyer up to a maximum 3% of sales price towards closing costs if negotiated in final signed counter offer.
  • Listed by: Jesi Wolnik 480.339.7188 jesiwolnik@gmail.com Brokerage DRE #LC629993000 • Paramount Properties of Arizona LLC
  • Listed by: Benjamin C. Olson 480.234.2772 benolson@cox.net Brokerage DRE #LC629993000 • Paramount Properties of Arizona LLC
Listing closed: 04/02/2013 12:00 AM • Source: ARMLS, MLS#: 4837250

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Recent comparable sales

Median sold price

$225,000

Avg days on market

88

Sale-to-list ratio

94.4%

Gilbert, AZ

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Location

Listing Courtesy of Paramount Properties of Arizona LLC

Sold By Rock Point Realty

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$1,323 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,068

Property Taxes

$256

HOA Dues

$0

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Property Information for 465 East Ray Road

Property Details
  • Taxes: $3,066 / year
  • MLS Type: Residential / Single Family - Detached
  • Architectural Style: Ranch
  • Subdivision Name: Tierra Madre
  • View YN: Yes
Building Information
  • Stories: 1
  • Year Built: 1971
  • Lot Size: 1.03 AC / 44,878 SF
Summary
Location and General Information
  • Unparsed Address: 465 E RAY Road, Gilbert, AZ 85296
  • City: Gilbert
  • Coordinates: -111.779996, 33.320549
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: Lindsay & Ray
  • Directions: West on Ray to the property. The property is on the south side of Ray.
  • Latitude: 33.320549
  • Longitude: -111.779996
  • Map Coordinate: T40
  • Postal City: Gilbert
  • Postal Code: 85296
  • Postal Code Plus4: 4001
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,971
Taxes and HOA
  • Association Amenities: None
  • Association Fee Includes: No Fees
  • Association YN: No
  • Tax Annual Amount: $3,066.00
  • Tax Book Number: 304.00
  • Tax Legal Description: TIERRA MADRE
  • Tax Lot: 7
  • Tax Map Number: 43.00
  • Tax Parcel Letter: G
  • Tax Year: 2,011
Parking
  • Carport Spaces: 0
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 1
  • Open Parking YN: Yes
School Information
  • Elementary School: Ashland Elementary
  • Elementary School District: Higley Unified District
  • High School: Mesquite High School
  • High School District: Higley Unified District
  • Middle Or Junior School: South Valley Jr. High
Property
Lot Information
  • Building Area Total: 2,440
  • Building Area Units: Square Feet
  • Living Area: 2440.0
  • Living Area Source: County Assessor
  • Living Area Units: Square Feet
  • Lot Size Acres: 1.03
  • Lot Size Area: 44878.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 44878.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Builder Name: UNKNOWN
  • Building Area Source: Assessor
  • Disclosures: None
  • Documents Change Timestamp: 12-14-2012 10:20:02 AM
  • Documents Count: 2
  • Ownership: Fee Simple
  • Parcel Number: 30443084G
  • Property Sub Type: Single Family - Detached
  • Property Type: Residential
  • Public Survey Range: 6E
  • Public Survey Section: 30
  • Public Survey Township: 1S
Utilities
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Source: City Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Painted, Stucco, Block
  • Exterior Features: Patio
  • Fencing: Block
  • Horse YN: Yes
  • Patio And Porch Features: Patio
  • Pool Features: None
  • Pool Private YN: No
  • Roof: Metal
  • Stories Total: 1
Interior Features
  • Bathrooms Total Decimal: 1.0
  • Basement: None
  • Bathrooms Total Integer: 1
  • Bedrooms Possible: 1
  • Bedrooms Total: 1
  • Cooling: Other, See Remarks
  • Cooling YN: Yes
  • Fireplace Features: None
  • Fireplace YN: No
  • Flooring: Carpet
  • Heating: Other, See Remarks
  • Heating YN: Yes
  • Interior Features: 3/4 Bath Master Bdrm
  • Laundry Features: None
  • Spa Features: None
Room Information
Room Information
  • Rooms Total: 0
Rental
Rent Information
  • Land Lease YN: No

Property History for 465 East Ray Road

DateEvent & SourcePriceAppreciation
Apr 2, 2013

Sold

ARMLS #4837250

$200,000—
Mar 25, 2013

Sold (Public Record)

Public Record #350358877

$200,000—
Mar 13, 2013

Pending

ARMLS #4837250

—
DateEvent & SourcePrice
04/02/2013

Sold

ARMLS #4837250

$200,000
03/25/2013

Sold (Public Record)

Public Record #350358877

$200,000
03/13/2013

Pending

ARMLS #4837250

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 465 East Ray Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,795 ($233 / month)
Home Facts
Beds1Baths2Total Finished SqFt2,440 SqFtAbove Grade Finished SqFt2,440 SqFtStories1Lot Size44,878 SqFtStyleSingle Family ResidenceYear Built1971Year Renovated1971ZoningR-43CountyMARICOPAAPN304-43-084-H

Schools near 465 East Ray Road

This home is within Gilbert Unified District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 8 to 12
Public - 7 to 12
Rating
School
Distance
Ashland Elementary School
PublicPK to 6

South Valley Jr. High School
Public7 to 8

Campo Verde High School
Public8 to 12

Gilbert Classical Academy High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 465 East Ray Road, Gilbert, AZ 85295
$200,000
1
1
2,440
44,878
–
–
4
3,127
43,734
$650,000
3
2
2,616
–
–
–
–
5,813
111,819
$2,200,000
3
3
1,456
179,613
$250,000
4
2
2,030
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Paramount Properties of Arizona LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.