720 W Ray Rd, Gilbert, AZ 85233 Property Records

Maricopa County property record for 720 W Ray Rd, Gilbert, AZ 85233 · Last verified April 2026

Property Highlights

Property TypeCommercial > Retail > Bar, Tavern
Year BuiltBuilt 1998
Square Footage5,995 sqft Gross Area
Lot Size42,672 sqft (0.98 acres)
Last Sale$1,025,000 (2021)
Tax Bill$16,547.00 (2025)

Owner

Source: Maricopa County records · APN 302-82-733

Assessment roll updated October 22, 2025 · Last verified April 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 Address1450 E INDIAN SCHOOL RD, 104, PHOENIX, AZ 85014-4954
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Aug 19, 2022Deed of Trust, Mortgage · Commercial Mortgage
FIRSTBANK
May 03, 2021Special Warranty Deed, Transfer · Seller Take-Back
BOYETT FAMILY TRUST

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMay 03, 2021 · Amount on Record
Deed SaleMay 03, 2021 · Amount on Record
Prior SaleJun 23, 2008 · Amount on Record
Deed Doc Number2021494328
Prior Transfer DateJun 19, 2008
Prior Transfer Doc0000553499
Record RefreshedJun 08, 2026

August 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARICOPA AZ
Property Address720 W RAY RD, GILBERT, AZ 85233-8442
Transaction TypeMortgage
Record UpdatedMar 05, 2024
Title CompanyCHICAGO TITLE COMPANY, CHICAGO TITLE AGENCY

Transferred To (Grantee/Buyer)

NameVerified Name
Address4343 E CAMELBACK RD 210, 210, PHOENIX, AZ 85018-2756

Mortgage

Document Number0000656219
DateAug 19, 2022
Instrument20220656219
Lender
NameFIRSTBANK
TypeBank
AddressDENVER, CO 80215
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term85 Months
DueSep 01, 2029

May 2021: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateMay 03, 2021
Property Address720 W RAY RD, GILBERT, AZ 85233-8442
Document Number0000494328
Map ReferenceMB 445 PG 31
Instrument DateApr 30, 2021
Instrument20210494328
Transaction TypeTransfer
Record UpdatedMar 05, 2024
Title CompanyCHICAGO TITLE COMPANY, CHICAGO TITLE AGENCY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFrom Affidavit or Verified
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name
Address13191 WERQATE DRIVE, LODI, CA 95240

Transferred To (Grantee/Buyer)

NameVerified Name
AddressPO BOX 4477, HUNTINGTON BEACH, CA 92605-4477

Mortgage

Document Number0000494329
DateMay 03, 2021
Instrument20210494329
Lender
NameBOYETT FAMILY TRUST
TypeSeller
Agreement
TypeSeller Take-Back
AmountAmount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2026$229,533 (+25.94%)$1,480,857 (-1.79%) Land $616,500 Building $864,357
2025$16,547.00 (-2.78%)$182,253 (-28.3%)$1,507,841 (-2.13%) Land $651,900 Building $855,941
2024$254,202$1,540,617 Land $651,900 Building $888,717
2023$17,021.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Maricopa County (04013C), updated October 2, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified: October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardModerate
500-Year FloodplainYes
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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

Property Details

APN / Parcel Number

Primary APN302-82-733
Alternative APN
  • 302827336

Interior

Building Area5,995 sqft Gross Area
1st Floor5,995 sqft 1st Floor
Upper Floors903 sqft Upper Floors
Stories1 Stories

Exterior

Year BuiltBuilt 1998
Effective Year BuiltEffective 1998
Exterior MaterialStucco Exterior
Construction TypeTilt-Up Concrete Construction
Fire Resistance ClassBuildings having exterior walls built of a non-combustible material such as brick, concrete, block or poured concrete. Interior partitions and roof structure are built of combustible materials. Floor may be concrete or wood frame.
Roof MaterialBuiltup (layered Asphalt) Roof
Lot Area42,672 sqft (0.98 acres)

Utilities and HVAC

Cooling SystemA/C Package Cooling
Heating SystemHVAC Heating
Heating FuelGas Heating Fuel
SewageMunicipal Sewage
Water SourceYes (Unknown Type) Water Source

Location & Zoning

Street Address720 W RAY RD
CityGILBERT
StateAZ
Zip85233-8442
Property UsageCommercial Property Usage
TypeCommercial > Retail > Bar, Tavern
Legal DescriptionCOUNTRY ESTATES COMMERCIAL MCR 445-31
Legal Range5E
Legal Township1S
Legal Section24
Legal SubdivisionCOUNTRY ESTATES COMMERCIAL
Legal Lot Number3
JurisdictionMARICOPA AZ
Minor Civil DivisionCHANDLER
Census Blockgroup3
Census Block3008
Census Tract814300

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