NOT LISTED FOR SALE

2343 S Madison Ave Yuma, AZ 85364

Mesa Heights Neighborhood

Estimated Value: $740,000

8 Beds
7 Baths
4,764 Sq Ft
$155/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $379,900 $80 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,908/month

32 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Community Storage Space

About This Home

As of January 2018

Great investment opportunity in the heart of Yuma. Three connecting parcels consisting of 2 triplexes(2343/2351) and 1 single family home (2349). Newer roofs on triplexes. Each unit has central air. Triplexes are all large 1 bed/bath and single family home is 2 bed/1 bath. Owner pays water and trash for both triplexes and 1 master gas meter for 1 triplex (2343). Single family pays their own utilities. Gross combined rent of $3630

Last Agent to Sell the Property

Michael Arias

Realty One Group Gateway License #SA653194000 Listed on: 11/06/2017

Realty One Group Gateway

Last Buyer's Agent

Buna George

Realty One Group Gateway License #SA648523000

Realty One Group Gateway

Property Details

Property Type

  • Other

Lot Details

  • 6,752

Home Design

  • 4,764 Sq Ft Home
  • Frame Construction
  • Pitched Roof
  • Asphalt Shingled Roof

Kitchen

  • Oven or Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Parking

  • Carport
  • Alley Access
  • Unpaved Parking
  • Paved Parking
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Gas Available
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 7 Units
  • Community Storage Space

Listing and Financial Details

  • Ask Agent About Lease Term

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Assessor Parcel Number: multiple
  • Buyer: 2.5%
  • Exterior Amen: Carports, Storage Units
  • Leases: 6 Mo.- 1 Yr., Mo. To Mo.
  • Title Co: Chicago
  • Interior Amenities: Smoke/Heat Det, Range/Ovens, Refrigerators, Carpet/Tile
  • G R S Rent Mult: Clo
  • Imp Size G R S Sq Ft: 3000-5999
  • Lot St Improve: Alley, Paved Parking, Street Parking, Sidewalks, Unpaved Parking
  • Numberof Pkg Spacesper Unit: CLA
  • Number Units Spaces: 5-8
  • Utilities Service Included In Rent: Electric, Gas, Trash Collectio, Water/Sewer
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Bedrooms: 8
  • Bathrooms: 7
  • Net Op Inc: $20-49,999
  • To Show: Drive By/No Ent, Spec Instr/Clo
  • Estimated Sq Ft: 4764

Exterior Features

  • Construction: Frame/Stucco
  • Roof: Asphalt Shngl, Pitched

Utilities

  • Heating/Cooling: Central Htg, Heat Pump, Electric, Central Ac
  • Internet: Yes
  • Utilities: Electric, Gas, City Water, Sewer, Telephone, Cable Tv

Condo/Co-op/Association

  • Management: Owner/Family

Lot Info

  • Flood Zone: No
  • Geo Subdivision: AZ
  • Land Size: 12-21.8k Sf

Rental Info

  • Rent: 4@495, 2@475, 1@700

Multi Family

  • Number Of Units: 7
  • Number Units: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2017
Closed on
Jan 17, 2018
Sold by
Mba Investments Az Llc
Bought by
Jim Collins Properties Inc
Seller's Agent
Michael Arias
Realty One Group Gateway
Buyer's Agent
Buna George
Realty One Group Gateway
List Price
$384,900
Sold Price
$379,900
Premium/Discount to List
-$5,000
-1.3%
Current Estimated Value
$740,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,100
Avg. Annual Appreciation
4.21%
Original Mortgage
$229,900
Outstanding Balance
$194,008
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$333,992

Purchase Details

Listed on
May 2, 2012
Closed on
Oct 24, 2012
Sold by
Zaroff Wayne and Zaroff Mary Jane
Bought by
Arias Michael
Seller's Agent
Carolyn Malouff
Realty Executives Arizona Territory
Buyer's Agent
Matias Rosales
Realty One Group Gateway SL
List Price
$295,000
Sold Price
$230,000
Premium/Discount to List
-$65,000
-22.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Original Mortgage
$172,500
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2008
Sold by
Leonard David and Leonard Beverly
Bought by
Zaroff Wayne and Zaroff Mary Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,379
Interest Rate
6.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 5, 2005
Sold by
Jaime Patricia Ann
Bought by
Stinson Elias P and Stinson Lorraine F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jim Collins Properties Inc -- Stewart Title & Trust Of Pho
Arias Michael $230,000 Citizens Title
Zaroff Wayne $239,278 Citizens Title
Stinson Elias P $423,500 Citizens Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jim Collins Properties Inc $229,900
Previous Owner Arias Michael $172,500
Previous Owner Zaroff Wayne $67,379
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2018 01/31/18 Sold $379,900 -1.3% $80 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $384,900 +67.3% $81 / Sq Ft
10/26/2012 10/26/12 Sold $230,000 -22.0% $114 / Sq Ft View Prior Sale
09/24/2012 09/24/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $295,000 -- $146 / Sq Ft
Source: Yuma Association of REALTORS®

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 $744 $6,445 $1,452 $4,993
2024 $731 $6,138 $1,487 $4,651
2023 $731 $5,846 $1,381 $4,465
2019 $669 $4,809 $1,108 $3,701
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michael Arias

    Realty One Group Gateway

    (928) 257-7282

    16 Total Sales

    Michael Arias
    Section Image
  • Buna George

    Buyer's Agent in 2018

    Buna George

    Realty One Group Gateway

    (928) 315-9070

    17 Total Sales

    Buna George
    Section Image
  • Carolyn Malouff

    Seller's Agent in 2012

    Carolyn Malouff

    Realty Executives Arizona Territory

    (928) 920-5507

    1 in this area

    205 Total Sales

    Carolyn Malouff
    Section Image
  • Matias Rosales

    Buyer's Agent in 2012

    Matias Rosales

    Realty One Group Gateway SL

    (928) 304-2447

    1 in this area

    485 Total Sales

    Matias Rosales
    Section Image
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Map

Source: Yuma Association of REALTORS®

MLS Number: 130915

Yuma Association of REALTORS®

APN: 665-60-124

Arizona Yuma County Yuma 85364 Mesa Heights

2343 S Madison Ave, Yuma, AZ

Not Listed for Sale

Other

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