NOT LISTED FOR SALE

201 N Bingham Ave Somerton, AZ 85350

3.63 Acres
-- Price per Acre
158,123 Sq Ft Lot

Last Sold April 15, 2015

Last sale price $120,000

158 Days on Market

Highlights

  • Nearby Water Access
  • Desert Landscape
  • Level Lot

About This Lot

As of April 2015

Wow! What a great location and price for multifamily units! Condos are currently dialed in for this 3.63 acre site. Some work left to do to complete, call listing agent for details. Right behind the old Shell Station and Dairy Queen on Somerton's main street.

Last Listed By

Carolyn Malouff

Realty Executives License #BR023699000 Listed on: 10/16/2014

Realty Executives

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,786

Year Built

  • 1997

Lot Details

  • Property fronts a county road
  • Desert Landscape
  • Level Lot

Utilities

  • Internet Available

Community Details

Overview

  • Somerton Valley Gardens Subdivision
  • Valley

Recreation

  • Nearby Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$10,786

Year Built

1997

Lot Details

0

Listing Details

  • Location: Valley
  • Subdivision: Somerton Valley Gardens
  • Buyer: 2.5
  • Animals: Household Pets
  • Other Bldgs: None
  • Status Date: 4/17/2015 12:00:00 AM
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1997

Exterior Features

  • Fence: None
  • Road Frontage: County

Utilities

  • Internet: Yes
  • Utilities: Off Site
  • Sewer: Off Site
  • Water: Off Site

Lot Info

  • Flood Zone: No
  • Geo Subdivision: AZ
  • Estimated Lot Sq Ft: 3.63
  • Acreage: 2 - 4.99 Acre
  • Crops: Desert
  • Terrain: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2010
Sold by
Citi Property Holdings Inc
Bought by
Portable Practical Educational Preparati
Total Days on Market
158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Outstanding Balance
$617,744
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 2009
Sold by
Pen Holdings Llc
Bought by
Liquidation Properties Inc

Purchase Details

Closed on
Nov 8, 1999
Sold by
Rivera Ramona
Bought by
Pen Holdings Llc

Range of Values:

Collateral Analytics

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ICE

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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
Portable Practical Educational Preparati $1,199,900 First American Title Co
Liquidation Properties Inc $845,000 Chicago Title
Pen Holdings Llc $891,909 Citizens Title
Rivera Ramona -- Citizens Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portable Practical Educational Preparati $910,000
Previous Owner Pen Holdings Llc $126,885
Previous Owner Pen Holdings Llc $100,000
Previous Owner Pen Holdings Llc $100,000
Previous Owner Pen Holdings Llc $1,600,000
Previous Owner Pen Holdings Llc $625,000
Previous Owner Pen Holdings Llc $161,885
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2015 04/15/15 Sold $120,000 -50.0% --
03/23/2015 03/23/15 Pending -- -- --
10/16/2014 10/16/14 For Sale $239,900 -- --
Source: Yuma Association of REALTORS®

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
2025 $10,786 $137,250 $37,500 $99,750
2024 $4,910 $148,058 $3,708 $144,350
2023 $4,910 $94,209 $2,584 $91,625
2022 $0 $121,883 $2,304 $119,579
2021 $0 $116,079 $2,552 $113,527
2020 $0 $111,725 $2,552 $109,173
2019 $0 $109,742 $2,552 $107,190
2018 $0 $108,312 $2,552 $105,760
2017 $0 $108,312 $2,552 $105,760
2016 -- $99,550 $3,934 $95,616
2015 -- $101,130 $4,666 $96,464
2014 -- $102,166 $4,666 $97,500
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Malouff

    Seller's Agent in 2015

    Carolyn Malouff

    Realty Executives

    (928) 920-5507

    214 Total Sales

    Carolyn Malouff
    Section Image

  • A

    Buyer's Agent in 2015

    Agustin Tumbaja

    HomeSmart

    (928) 627-1159

    19 Total Sales

    Agustin Tumbaja
    Section Image
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Map

Source: Yuma Association of REALTORS®

MLS Number: 112347

Yuma Association of REALTORS®

APN: 743-64-115

Arizona Yuma County Somerton 85350

201 N Bingham Ave, Somerton, AZ

Homes for Sale in Somerton, AZ

This home is located at 201 N Bingham Ave, Somerton, AZ 85350 since 16 October 2014. This property was built in 1997. 201 N Bingham Ave is a home located in Yuma County with nearby schools including Orange Grove Elementary School, Somerton Middle School, and Kofa High School.

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.

Yuma Association of REALTORS® 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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