NOT LISTED FOR SALE

2408 Mohave Ridge Ave Bullhead City, AZ 86429

Sun Ridge Estates Neighborhood

Estimated Value: $618,259 - $649,000

9 Beds
5 Baths
4,573 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $565,000 $124 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,443/month

66 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Cooling Available
  • Corner Lot
  • Detached Garage
  • North Facing Home

About This Home

As of December 2022

Investment Opportunity knocks! This 4-plex has some long term tenants. All units are two story units with a 1/2 bath downstairs, casual dining, bulit in desk & all electric. Layouts of the units are all the same, with the exception of unit #1. Unit #1 is a 3 bedroom, while the rest are two bedrooms. All laundry closets are downstairs, all units come with a wet bar, linen/coat closets & all appliances stay! All tenants are on a month to month. No HOA. Each unit has its own balcony off the master bedroom and a fenced in yard. Master bathrooms are a shower / tub combo and the guest bathrooms are a walk-in shower. Each unit comes with its own 18x24 detached garage with additional storage cabinets. There is also 2 additional uncovered parking spaces plus street parking. Minutes to Lake Mohave, Laughlin, NV and Colorado River.Buyer to verify sq.ft., floodplain & utilities.

Last Agent to Sell the Property

Nichole Klier

BH Keller Williams Arizona Living Realty License #SA664312000 Listed on: 10/07/2022

BH Keller Williams Arizona Living Realty

Co-Listed By

Gina Harris

BH Keller Williams Arizona Living Realty License #BR039770000

Last Buyer's Agent

Gold Stars

Best Results Real Estate, LLC. License #698521

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 1992

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75x31x110x95x130
  • North Facing Home
  • Corner Lot
  • Sprinkler System

Parking

  • Detached Garage

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • Partially Furnished
  • Mountain Views

Flooring

  • Carpet
  • Laminate

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for electricity, grounds care, sewer, trash collection, water
  • Legal Lot and Block 11 / 5

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Sunridge Estates Subdivision

Building Details

  • 4 Units Leased Month-To-Month
  • Electric Expense $336
  • Insurance Expense $3,075
  • Maintenance Expense $2,760
  • Manager Expense $2,760
  • Trash Expense $996
  • New Taxes Expense $2,495
  • Gross Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,497

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Co List Office Mls Id: 2830
  • Co List Office Phone: 928-219-5482
  • Directions: Hwy 95, East on McCormick Blvd, South on Park Lake Dr., West on Mohave Ridge Ave
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Year Built: 1992
  • Lot Size: 75x31x110x95x130
  • Subdivision Name: Sunridge Estates
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Number Of Buildings: 1
  • Owner Pays: Electricity, Grounds Care, Sewer, Trash Collection, Water
  • Flooring: Carpet, Laminate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sprinkler/Irrigation
  • Roof: Tile
  • View: Mountain(s)
  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Construction Type: Stucco, Wood Frame
  • Direction Faces: North

Garage/Parking

  • Parking Features: Detached

Utilities

  • Utilities: Electricity Available
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Trash Expense: 996.0

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12197.0
  • Zoning Description: R1L Res: Single Family Limited
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • New Taxes Expense: 2495.0
  • Tax Annual Amount: 2497.0
  • Tax Block: 5
  • Tax Lot: 11
  • Tax Tract: 4042F

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Electric Expense: 336.0
  • Annual Gross Income: 34200.0
  • Insurance Expense: 3075.0
  • Maintenance Expense: 2760.0
  • Resident Manager Expense: 2760.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Perez Jose R and Perez Isabel
Bought by
J And I Enterprises Mohave Ridge Llc
Current Estimated Value
$633,065

Purchase Details

Listed on
Oct 7, 2022
Closed on
Dec 30, 2022
Sold by
Smith Loretta L
Bought by
Perez Jose R and Perez Isabel
Seller's Agent
Nichole Klier
BH Keller Williams Arizona Living Realty
Buyer's Agent
Gold Stars
Best Results Real Estate, LLC.
List Price
$600,000
Sold Price
$565,000
Premium/Discount to List
-$35,000
-5.83%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%

Purchase Details

Listed on
Oct 7, 2022
Closed on
Dec 21, 2022
Sold by
Perez Jose R and Perez Isabel
Bought by
Perez Jose R and Perez Isabel
Seller's Agent
Nichole Klier
BH Keller Williams Arizona Living Realty
Buyer's Agent
Gold Stars
Best Results Real Estate, LLC.
List Price
$600,000
Sold Price
$565,000
Premium/Discount to List
-$35,000
-5.83%
Views
73

Purchase Details

Closed on
May 29, 2010
Sold by
Smith Loretta L
Bought by
Smith Loretta L and Smith Darrell

Purchase Details

Closed on
Mar 13, 2003
Sold by
Smith Darrel L
Bought by
Smith Loretta L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
J And I Enterprises Mohave Ridge Llc -- None Listed On Document
Perez Jose R $565,000 Pioneer Title
Perez Jose R -- Pioneer Title
Smith Loretta L -- None Available
Smith Loretta L -- Chicago Title Insurance Co
Smith Loretta L $305,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Loretta L $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2022 12/30/22 Sold $565,000 -5.8% $124 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $600,000 0.0% $131 / Sq Ft
11/12/2022 11/12/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $600,000 0.0% $131 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $600,000 -- $131 / 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 $1,361 -- -- --
2025 $2,591 $70,546 $0 $0
2024 $2,591 $52,686 $0 $0
2023 $2,591 $31,404 $0 $0
2022 $2,498 $29,161 $0 $0
2021 $2,516 $24,825 $0 $0
2019 $2,370 $20,618 $0 $0
2018 $2,305 $20,915 $0 $0
2017 $2,246 $18,444 $0 $0
2016 $2,038 $18,444 $0 $0
2015 $1,907 $15,479 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nichole Klier

    Seller's Agent in 2022

    Nichole Klier

    BH Keller Williams Arizona Living Realty

    (928) 234-2227

    6 in this area

    172 Total Sales

    Nichole Klier
    Section Image
  • Gina Harris

    Seller Co-Listing Agent in 2022

    Gina Harris

    BH Keller Williams Arizona Living Realty

    (928) 234-2227

    5 in this area

    60 Total Sales

    Gina Harris
    Section Image

  • G

    Buyer's Agent in 2022

    Gold Stars

    Best Results Real Estate, LLC.

    Section Image
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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 996744

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 347-11-052

Arizona Mohave County Bullhead City 86429 Sun Ridge Estates

2408 Mohave Ridge Ave, 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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