Last Sold Price
863 W Ray Rd, Chandler, AZ 85225

Description

Ray Road is a four-unit apartment community located in Central Chandler with immediate access to Downtown Chandler, Anderson Springs, and Chandler Fashion Center. Developed in 1980, the property is comprised of
spacious two-bedroom floorplans - 100% of which have existing washer/ dryer units in-suite. The community spaces have undergone renovations which include new exterior paint and accents, landscaping and dual-pane
windows. Future ownership will have the opportunity to execute interior renovations
...Ray Road is a four-unit apartment community located in Central Chandler with immediate access to Downtown Chandler, Anderson Springs, and Chandler Fashion Center. Developed in 1980, the property is comprised of
spacious two-bedroom floorplans - 100% of which have existing washer/ dryer units in-suite. The community spaces have undergone renovations which include new exterior paint and accents, landscaping and dual-pane
windows. Future ownership will have the opportunity to execute interior renovations in order to achieve a suggested $150 monthly renovation premium.
LISTING CLOSED: 11/29/2019 12:00 AM

  1. Listed by Craig A Young • Platinum Living Realty
    P: (480) 794-1694 C: (480) 773-2183 craig@theyoungrealtors.com

Property Details for 863 West Ray Road

Status
MLS #
5975431
Days on Market
9
Taxes
$1,406 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multiple Dwellings
Year Built
1980
Lot Size
-
Subdivision Name
HOLIDAY ADDITION
View YN
No
Zoning
MULTI

Recent comparable sales

Median sold price

$455,000

Avg days on market

58

Sale-to-list ratio

93.3%

Chandler, AZ

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Square Feet
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$635,938 | 318 North Washington Street, Chandler, AZ 85225
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Acres
$410,000 | 761 North Delaware Street, Chandler, AZ 85225
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Bathrooms
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Square Feet
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Acres
a front view of a house with a yard and garage
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Sold 02/19/26

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Bedrooms
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Bathrooms
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Square Feet
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Acres
$396,000 | 481 North Colorado Street, Chandler, AZ 85225
1/45
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Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
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Acres

Location

Listing Courtesy of Platinum Living Realty

Sold By eXp Realty

Add your commute

Building Information for 863 West Ray Road

Stories-Residences4Year Built1980Building Size-Lot Size-

Payment Calculator

$2,796 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,679

Property Taxes

$117

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 863 West Ray Road

Summary
Location and General Information
  • Unparsed Address: 863 W RAY Road, Chandler, AZ 85225
  • City: Chandler
  • Coordinates: -111.857442, 33.320055
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: Alma School and Ray
  • Latitude: 33.320055
  • Longitude: -111.857442
  • Map Coordinate: T38
  • Postal City: Chandler
  • Postal Code: 85225
  • Postal Code Plus4: 6557
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,980
Taxes and HOA
  • Tax Annual Amount: $1,406.00
  • Tax Book Number: 302.00
  • Tax Legal Description: LOT 99 HOLIDAY ADDITION MCR 013913
  • Tax Lot: 99
  • Tax Year: 2,019
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 4
  • Open Parking YN: Yes
  • Parking Features: Other (See Remarks), >1 Space Per Unit, 1 Space/Unit
  • Parking Total: 4
School Information
  • Elementary School: Other
  • Elementary School District: Chandler Unified District
  • High School: Other
  • High School District: Chandler Unified District
  • Middle Or Junior School: Other
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Dimensions: IRREGULAR
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: None
  • Documents Change Timestamp: 09-07-2019 06:48:10 AM
  • Documents Count: 1
  • Ownership: Fee Simple
  • Parcel Number: 30249220
  • Property Type: Multiple Dwellings
  • Public Survey Range: 5E
  • Public Survey Section: 28
  • Public Survey Township: 1S
  • Road Surface Type: Asphalt
Utilities
  • Electric: APS
  • Electric Expense: $.00
  • Electric On Property YN: Yes
  • Sewer: Sewer-In & Connected, Public Sewer
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Brick Veneer, Block, Brick
  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Roof: Built-Up
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Electric
  • Cooling YN: Yes
  • Flooring: Carpet, Ceramic Tile
  • Heating: Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $.00
  • Gardner Expense: $.00
  • Gross Income: $41,287.00
  • Gross Scheduled Income: $40,387.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Net Operating Income: $.00
  • Operating Expense: $1,406.00
  • Other Expense: $.00
  • Professional Management Expense: $.00
Rental
Rent Information
  • Tenant Pays: Electricity, Cable TV

Property History for 863 West Ray Road

DateEvent & SourcePriceAppreciation
Nov 29, 2019

Sold

ARMLS #5975431

$527,000
Nov 20, 2019

Sold (Public Record)

Public Record #659466175

$527,000

+38.0% / yr

Sep 14, 2019

Pending

ARMLS #5975431

DateEvent & SourcePrice
11/29/2019

Sold

ARMLS #5975431

$527,000
11/20/2019

Sold (Public Record)

Public Record #659466175

$527,000

+38.0% / yr

09/14/2019

Pending

ARMLS #5975431

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

Public Records for 863 West Ray Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,525 ($127 / month)
Home Facts
Total Finished SqFt3,416 SqFtAbove Grade Finished SqFt3,416 SqFtStories2Lot Size6,591 SqFtStyleQuadraplexYear Built1980ZoningMF-2CountyMARICOPAAPN302-49-220

Schools near 863 West Ray Road

This home is within Chandler Unified District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 8 to 12
Public - PK to 6
Rating
School
Distance
Hartford Sylvia Encinas Elementary School
PublicPK to 6

John M Andersen Junior High School
Public6 to 8

Chandler High School
Public8 to 12

Weinberg Elementary School
PublicPK to 6

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: 863 West Ray Road, Chandler, AZ 85225
$527,000
$375,000
3,328
7,536
$430,000
7,806
$400,000
6,551
$129,000
2,803
5,983
1,650
5,176

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 Platinum Living Realty

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.