1208 E Ray Rd, Gilbert, AZ 85296 Property Records

Maricopa County property record for 1208 E Ray Rd, Gilbert, AZ 85296 · Last verified August 2026

Property Highlights

Property TypeCommercial > Retail > Golf Course
Lot Size1,415,754 sqft (32.5 acres)
Last Sale$12,100,000 (2024)
Tax Bill$236.00 (2025)

Property Details

APN / Parcel Number

Primary APN304-25-001-D
Alternative APN
  • 30425001D8

Exterior

Lot Area1,415,754 sqft (32.5 acres)

Utilities and HVAC

Water SourceYes (Unknown Type) Water Source

Location & Zoning

Street Address1208 E RAY RD
CityGILBERT
StateAZ
Zip85296
Property UsageCommercial Property Usage
TypeCommercial > Retail > Golf Course
Legal DescriptionTH PT E2 SEC 20 DAF COM S4 COR SEC 20 TH N 65F TH E 60F TO POB TH N 350F TH E 110F TH N 358.88F TH N 19D 05M E 749.93F TH N 04D 10M E 712.51F TH 28.70F ALG 330F RAD CUR TO L TH 72.67F ALG 199F RAD CUR TO R TH S 83D 08M E 222.07F TH 137.43F ALG 1030F
Legal Range6E
Legal Township1S
Legal Section20
Legal Tract1A
JurisdictionMARICOPA AZ
Minor Civil DivisionCHANDLER
Census Blockgroup1
Census Block1005
Census Tract814500

Owner

Source: Maricopa County records · APN 304-25-001-D

Assessment roll updated October 22, 2025 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address1208 E RAY RD, GILBERT, AZ 85296
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Apr 30, 2026Deed of Trust, Mortgage · Line of Credit
BANK OF AMIERCA NA
Mar 14, 2024Quit Claim Deed, Transfer
REPUBLIC TITLE INC, REPUBLIC TITLE OF TEXAS INC
Mar 14, 2024Special Warranty Deed, Transfer · Commercial Mortgage
BANK OF AMERICA NA

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMar 14, 2024 · Amount on Record
Deed SaleMar 14, 2024 · Amount on Record
Prior SaleApr 25, 2012 · Amount on Record
Deed Doc Number2024131421
Prior Transfer DateMar 11, 2024
Prior Transfer Doc0000131421
Record RefreshedSep 20, 2026

April 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Recording DateApr 30, 2026
Property Address1208 E RAY RD, GILBERT, AZ 85296
Document Number0000260050
Instrument DateApr 29, 2026
Instrument2026260050
Transaction TypeMortgage
Record UpdatedJul 12, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

NameVerified Name
Relationship266

Mortgage

Document Number0000260050,
DateApr 30, 2026
Instrument2026260050
Lender
NameBANK OF AMIERCA NA
Agreement
TypeLine of Credit
AmountAmount Recorded
Term36 Months
DueApr 29, 2029
Interest
Rate6.46%
Max Rate-1%

March 2024: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionMARICOPA AZ
Recording DateMar 14, 2024
Property Address1208 E RAY RD, GILBERT, AZ 85296
Document Number0000131422
Instrument DateMar 13, 2024
Instrument20240131422
Transaction TypeTransfer
Record UpdatedMar 25, 2024
Title CompanyREPUBLIC TITLE INC, REPUBLIC TITLE OF TEXAS INC

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFrom Affidavit or Verified
Additional
  • Quitclaim Document
  • Interfamily Transfer
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name
Address1245 E WARNER RD # RD202, RD202, GILBERT, AZ 85296-3109

Transferred To (Grantee/Buyer)

NameVerified Name
Address9 W 57TH ST FL 40TH, NEW YORK, NY 10019-2701
Mail Care OfSCULPTOR REAL ESTATE ACQUISITIONS LP

March 2024: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateMar 14, 2024
Property Address1208 E RAY RD, GILBERT, AZ 85296
Document Number0000131421
Instrument DateMar 11, 2024
Instrument20240131421
Transaction TypeTransfer
Record UpdatedMar 25, 2024
Title CompanyREPUBLIC TITLE OF TEXAS INC

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFrom Affidavit or Verified
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name
Address1245 E WARNER RD # RD202, RD202, GILBERT, AZ 85296-3109

Transferred To (Grantee/Buyer)

NameVerified Name
Address9 W 57TH ST FL 40TH, NEW YORK, NY 10019-2701

Mortgage

Document Number0000154912
DateMar 26, 2024
Instrument20240154912
Lender
NameBANK OF AMERICA NA
TypeBank
AddressCHARLOTTE, NC 28255
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueMar 26, 2029

Tax Assessment & Valuation

Source: Maricopa County records · Assessment roll updated October 22, 2025 · Last verified August 2026

Property Jurisdictions

TypeName
StateArizona
CountyMaricopa County
MunicipalityGilbert Town
Unified School DistrictGilbert Unified District (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2026$2,519 (-3.12%)$16,251 (-) Land $16,251
2025$236.00 (-11.61%)$2,600 (-3.02%) Land $2,600$16,251 (-) Land $16,251
2024$2,681$16,251 Land $16,251
2023$267.00

Flood & Wildfire

1208 E Ray Rd is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.

Flood

Source: FEMA National Flood Hazard Layer · Maricopa County (04013C), updated October 2, 2026

FEMA Flood ZoneZone X
moderate flood hazard · within the 0.2% annual chance floodplain
Special Flood Hazard AreaNo

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to HomesNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach of burnable land

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on E Ray Rd

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