NOT LISTED FOR SALE

Estimated Value: $302,000 - $362,000

-- Bed
2 Baths
2,341 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $310,000 $132 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,801/month

33 Days on Market

Highlights

  • Panoramic View
  • Tile Flooring
  • Central Heating and Cooling System
  • No HOA

About This Home

As of May 2024

Explore the opportunity to invest in Mohave Valley with this duplex, an addition to any real estate portfolio. This property features a 3-bedroom, 2-bathroom unit and a 2-bedroom, 2-bathroom unit, each boasting an attached 2-car garage and a private, fenced yard, offering ample space and convenience for tenants. With a long term tenant in unit A, Unit B is vacant and needs some love and attention to be ready for it s next occupant. The rental history speaks to its appeal in the rental market. Positioned advantageously close to the River and Needles. Each unit offers a comfortable and inviting living space, designed with an emphasis on functionality and ease of living. The spacious interiors are complemented by practical layouts, ensuring a high level of tenant satisfaction. The fenced yards provide a private outdoor retreat for residents to enjoy the beautiful Mohave Valley weather, contributing to the property's overall charm and appeal. This duplex represents a chance to own a piece of Mohave Valley's serene lifestyle, all while benefiting from the consistent income generated by this property. Whether you're expanding your investment portfolio or stepping into the real estate investment world, this duplex in Mohave Valley has potential. Live in one unit while you collect rent on the other!

Last Agent to Sell the Property

Sarah Juarez

Black Mountain Valley Realty Brokerage Email: bmvrbroker@gmail.com License #SA570518000 Listed on: 03/15/2024

Last Buyer's Agent

Linda Holmes

Innovative Property Solutions License #BR631002000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,339

Year Built

  • Built in 1997

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 38x164x162x89

Property Views

  • Panoramic
  • Mountain

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, trash collection
  • Legal Lot and Block 24 / 12

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • River Road City Subdivision

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,339

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Directions: Hwy 95 to Courtwright - East onto Courtwright - Noth onto Kingman Dr. - East onto Oatman Pl.. The property is at the end of Oatman Dr and Arditto
  • New Construction: No
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 1997
  • Lot Size Acres: 0.23
  • Lot Size: 38x164x162x89
  • Subdivision Name: River Road City
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Duplex
  • Attribution Contact: bmvrbroker@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Flooring: Carpet, Tile
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • View: Mountain(s), Panoramic
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 110 Volts, 220 Volts
  • Sewer: Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10019.0
  • Zoning Description: R1 Single-Family Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Trash Collection

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1339.0
  • Tax Block: 12
  • Tax Lot: 24
  • Tax Tract: 1022B

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
May 23, 2024
Sold by
Hale Marlo L
Bought by
Velez Philip
Seller's Agent
Sarah Juarez
Black Mountain Valley Realty
Buyer's Agent
Linda Holmes
Innovative Property Solutions
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Views
33
Current Estimated Value
$327,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,311
Avg. Annual Appreciation
-0.35%
Original Mortgage
$232,500
Outstanding Balance
$230,083
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$78,480

Purchase Details

Closed on
Aug 16, 2019
Sold by
Estate Of Joseph L Miller
Bought by
Hale Marlo L

Purchase Details

Listed on
Aug 7, 2015
Closed on
Dec 14, 2015
Sold by
Whiting James T and Whiting Susan E
Bought by
Miller Joseph Leon
Seller's Agent
Debbie Savage
Black Mountain Valley Realty
Buyer's Agent
Debbie Savage
Best Results Real Estate, LLC.
List Price
$125,000
Sold Price
$118,000
Premium/Discount to List
-$7,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%

Purchase Details

Closed on
Jan 12, 2010
Sold by
Korfman Anthony A and Korfman Linda A
Bought by
Whiting James T and Whiting Susan E

Purchase Details

Closed on
Aug 11, 2004
Sold by
Bishop Mark and Bishop Sharan
Bought by
Korfman Anthony A and Korfman Linda A

Purchase Details

Closed on
Mar 28, 2004
Sold by
Mathieu Normand
Bought by
Bishop Mark and Bishop Sharan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2001
Sold by
Bankers Trust Company Of California Na
Bought by
Mathieu Normand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 1999
Sold by
Evans Louis J
Bought by
Bankers Trust Company Of California Na
Source: Public Records

Range of Values:

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Average Value
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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
Velez Philip $310,000 Fidelity National Title
Hale Marlo L -- None Available
Hale Marlo L -- None Available
Miller Joseph Leon $118,000 Chicago Title Agency Inc
Whiting James T $105,000 Chicago Title
Korfman Anthony A $145,000 First American Title Ins Co
Bishop Mark $125,000 First American Title Ins Co
Mathieu Normand $85,000 First American Title
Bankers Trust Company Of California Na $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Philip $232,500
Previous Owner Bishop Mark $106,250
Previous Owner Mathieu Normand $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $310,000 -4.6% $132 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $325,000 +175.4% $139 / Sq Ft
12/21/2015 12/21/15 Sold $118,000 -5.6% $50 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $125,000 -- $53 / 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 $681 -- -- --
2025 $1,339 $36,114 $0 $0
2024 $1,339 $26,971 $0 $0
2023 $1,339 $16,076 $0 $0
2022 $1,315 $12,709 $0 $0
2021 $1,357 $12,709 $0 $0
2019 $1,261 $10,357 $0 $0
2018 $1,228 $10,357 $0 $0
2017 $1,217 $9,124 $0 $0
2016 $1,089 $9,001 $0 $0
2015 $1,089 $11,707 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 010665

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 224-38-223