NOT LISTED FOR SALE

132 E Cactus St Somerton, AZ 85350

Somerton Area
3 Beds
2 Baths
-- Sq Ft
-- Built

Sale Details

Date Sold: March 5, 2024

Last sale price $685,000

15 Days on Market

About This Home

As of March 2024

Great investment property with 5 rental units. 4 units are 3 bedroom and 2 bath - all occupied on month-to-month or one-year leases. The 5th unit is 1 bedroom and 1 bath, currently vacant. All units have been renovated/remodeled/updated within the last 2 years. Do not disturb tenants. At least 48 hours are required before viewing.

Last Agent to Sell the Property

Jessica Watkins

HomeSmart License #SA696629000 Listed on: 11/17/2023

HomeSmart

Last Buyer's Agent

Martin Torres

The Realty Agency License #SA677999000

The Realty Agency
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Property Details

Home Type

  • Multi-Family

Utilities

  • Internet Available

Listing and Financial Details

  • Ask Agent About Lease Term
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Listing Details

  • Buyer: 1.5
  • Leases: Mo. To Mo., 6 Mo.- 1 Yr.
  • G R S Rent Mult: 7-7.9
  • Imp Size G R S Sq Ft: 3000-5999
  • Number Units Spaces: 5-8
  • Utilities Service Included In Rent: Water/Sewer, Trash Collectio
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Op Inc: $20-49,999
  • To Show: Appt Only, Spec Instr/Clo

Utilities

  • Internet: Yes

Lot Info

  • Geo Subdivision: AZ
  • Land Size: < 6001k Sf

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Mar 5, 2024
Sold by
Bought by
Seller's Agent
Jessica Watkins
HomeSmart
Buyer's Agent
Martin Torres
The Realty Agency
List Price
$695,000
Sold Price
$685,000
Premium/Discount to List
-$10,000
-1.44%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Outstanding Balance
$426,280
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2021
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2015
Sold by
Bought by

Purchase Details

Listed on
Mar 18, 2015
Closed on
Apr 20, 2015
Sold by
Bought by
Seller's Agent
Shelley Ostrowski
Realty One Group Gateway
Buyer's Agent
Sandra Nevels
REIS
List Price
$199,900
Sold Price
$193,500
Premium/Discount to List
-$6,400
-3.2%

Purchase Details

Closed on
Jan 7, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 10, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,298
Interest Rate
4.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 8, 2006
Sold by
Bought by

Purchase Details

Closed on
May 22, 2006
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
5.35%
Mortgage Type
Commercial
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$685,000 Pioneer Title
-- None Available
-- Chicago Title Agency Inc
-- None Available
$193,500 Citizens Title
-- Great American Title Agency
$151,036 Great American Title Agency
$191,298 Citizens Title
-- Accommodation
-- Citizens Title
-- Citizens Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $438,000
Previous Owner $150,000
Previous Owner $191,298
Previous Owner $207,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2024 03/05/24 Sold $685,000 -1.4% --
12/02/2023 12/02/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $695,000 0.0% --
11/27/2021 11/27/21 Rented $835 0.0% --
11/22/2021 11/22/21 For Rent $835 +20.1% --
04/14/2020 04/14/20 Rented $695 0.0% --
04/03/2020 04/03/20 For Rent $695 0.0% --
05/13/2019 05/13/19 Rented $695 0.0% --
05/13/2019 05/13/19 Under Contract -- -- --
04/19/2019 04/19/19 For Rent $695 0.0% --
04/28/2015 04/28/15 Sold $193,500 -3.2% $47 / Sq Ft View Prior Sale
04/06/2015 04/06/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $199,900 -- $48 / Sq Ft
Source: Yuma Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $2,891 $27,227 $2,549 $24,678
2025 $2,887 $25,931 $2,384 $23,547
2024 $2,773 $24,697 $2,487 $22,210
2023 $2,773 $23,520 $3,262 $20,258
2022 $2,930 $22,400 $3,963 $18,437
2021 $2,828 $21,333 $3,776 $17,557
2020 $3,175 $20,318 $4,236 $16,082
2019 $2,986 $19,350 $2,125 $17,225
2018 $3,041 $19,350 $2,125 $17,225
2017 $3,124 $19,350 $1,344 $18,006
2016 $2,981 $18,759 $1,333 $17,426
2015 $2,333 $17,866 $1,556 $16,310
2014 $2,333 $17,015 $2,125 $14,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Yuma Association of REALTORS®

MLS Number: 20234237

Yuma Association of REALTORS®

APN: R0007719

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