NOT LISTED FOR SALE

1320 Ramar Rd Bullhead City, AZ 86442

Estimated Value: $337,610 - $561,000

6 Beds
6 Baths
3,034 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $186,200 $61 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,438/month

142 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet

About This Home

As of May 2017

Attention all investors.... This 4 unit building with just one of the units vacant is available for you to earn extra income. Why manage several properties all over the city, when you can manage 4 in one location. Units are a variety of 1 and 2 bedrooms. 2 units up stairs and 2 units down stairs. Units come with paved parking and storage lockers with minimal landscaping to maintain. 3 of the units are occupied, so they are already making you an income and we expect the 4th unit to be filled fast. These units are close to shopping, medical facilities, banking, and the main highway.,

Last Agent to Sell the Property

Randy King

Key Time Realty License #BR628461000 Listed on: 12/01/2016

Last Buyer's Agent

Samantha Wade

Tri-State Realty License #BR657612000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1992

Lot Details

  • 8,189

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Lot Dimensions are 100x100
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for sewer, trash collection, water
  • Legal Lot and Block 1 / 4

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Holiday Highlands Subdivision

Building Details

  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,261

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Directions: While heading South on Highway 95, turn West on Ramar Road, the building will be 2 blocks away on the Left.
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Year Built: 1992
  • Lot Size: 100x100
  • Subdivision Name: Holiday Highlands
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Sewer, Trash Collection, Water
  • Flooring: Carpet, Vinyl

Exterior Features

  • Roof: Tile
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Stucco, Wood Frame

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning Description: R2MF Res: Multiple Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1261.0
  • Tax Block: 4
  • Tax Lot: 1
  • Tax Tract: 1139

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
May 12, 2017
Sold by
Winged Foot Investment Services Ltd
Bought by
Rokes Jeremy Gene
Seller's Agent
Randy King
Key Time Realty
Buyer's Agent
Samantha Wade
Tri-State Realty
List Price
$189,900
Sold Price
$186,200
Premium/Discount to List
-$3,700
-1.95%
Current Estimated Value
$451,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,203
Avg. Annual Appreciation
11.05%
Original Mortgage
$138,750
Outstanding Balance
$115,388
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$336,015

Purchase Details

Closed on
Jul 7, 2009
Sold by
Aurora Loan Services Llc
Bought by
Winged Foot Investments Llc

Purchase Details

Closed on
Jul 8, 2008
Sold by
Rivas Luis and Garcia Mirna
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Sep 7, 2004
Sold by
Rockwell Denny W and Voll Denise
Bought by
Rivas Luis and Garcia Mirna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,250
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 17, 2004
Sold by
Flynn Lawrence E and Flynn Kathleen D
Bought by
Rockwell Denny and Voll Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2002
Sold by
Helean Kevin R
Bought by
Flynn Lawrence E and Flynn Kathleen D

Purchase Details

Closed on
Jan 21, 2000
Sold by
Docusian Baghdasar and Docusian Tu Thi
Bought by
Helean Kevin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,758
Interest Rate
7.96%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rokes Jeremy Gene $186,200 Chicago Title Agency Inc
Winged Foot Investments Llc $118,000 Empire West Title Agency Llc
Aurora Loan Services Llc $183,111 Chicago Title Ins Co
Rivas Luis $267,000 Chicago Title Insurance Co
Rockwell Denny $194,000 Chicago Title Ins Co
Flynn Lawrence E $445,000 State Title Agency Inc
Helean Kevin R $417,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rokes Jeremy Gene $138,750
Previous Owner Rivas Luis $172,250
Previous Owner Rockwell Denny $155,200
Previous Owner Helean Kevin R $359,758
Closed Rivas Luis $39,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2017 05/22/17 Sold $186,200 -1.9% $61 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
12/01/2016 12/01/16 For Sale $189,900 -- $63 / Sq Ft
Source: Western Arizona REALTOR® Data Exchange (WARDEX)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $903 -- -- --
2025 $1,719 $46,804 $0 $0
2024 $1,719 $34,955 $0 $0
2023 $1,719 $20,835 $0 $0
2022 $1,657 $19,347 $0 $0
2021 $1,669 $16,471 $0 $0
2019 $1,569 $13,935 $0 $0
2018 $1,526 $13,876 $0 $0
2017 $1,487 $11,853 $0 $0
2016 $1,349 $12,237 $0 $0
2015 $1,262 $10,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Randy King

    Key Time Realty

    (928) 763-1353

    1 Total Sale

    Randy King
    Section Image

  • S

    Buyer's Agent in 2017

    Samantha Wade

    Tri-State Realty

    (928) 234-3894

    94 Total Sales

    Samantha Wade
    Section Image
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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 922002

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 214-22-071

Arizona Mohave County Bullhead City 86442

1320 Ramar Rd, Bullhead City, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Western Arizona REALTOR® Data Exchange (WARDEX) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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