NOT LISTED FOR SALE

242 S 7th Ave Yuma, AZ 85364

Estimated Value: $144,587 - $146,000

1 Bed
1 Bath
500 Sq Ft
$291/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $61,500 $123 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $812/month

About This Home

As of June 2013

Both units have a one year lease at $435.00 per month. Call listing agent to see inside. Average water bill is $215 every two months.

Last Agent to Sell the Property

Debbie Hogan

Fathom Realty Elite License #BR104517000 Listed on: 03/22/2012

Fathom Realty Elite

Co-Listed By

Mike Porter

Fathom Realty Elite License #SA526587000

Fathom Realty Elite

Last Buyer's Agent

Mike Porter

Fathom Realty Elite License #SA526587000

Fathom Realty Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $503

Lot Details

  • 7,013

Home Design

  • 500 Sq Ft Home
  • Flat Roof Shape
  • Frame Construction

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 2 Parking Spaces
  • Alley Access
  • Unpaved Parking

Utilities

  • Central Heating
  • Separate Meters
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 633-42-051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$503

Lot Details

0

Listing Details

  • Assessor Parcel Number: 633-42-051
  • Buyer: 2.5
  • Leases: 6 Mo.- 1 Yr.
  • Status Date: 6/28/2013 12:00:00 AM
  • G R S Rent Mult: Clo
  • Imp Size G R S Sq Ft: 0-1499
  • Lot St Improve: Alley, Unpaved Parking
  • Numberof Pkg Spacesper Unit: 2
  • Number Units Spaces: 2
  • Utilities Service Included In Rent: Water/Sewer
  • Zoning Sign: res
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 1
  • Bathrooms: 1
  • Net Op Inc: Clo
  • To Show: Appt Only
  • Estimated Sq Ft: 500

Exterior Features

  • Construction: Frame/Stucco
  • Roof: Flat

Utilities

  • Heating/Cooling: Central Htg
  • Internet: Yes
  • Utilities: Electric, City Water, Sewer, Telephone, Cable Tv, Indiv Metered

Condo/Co-op/Association

  • Management: Mgmt Co

Lot Info

  • Flood Zone: No
  • Geo Subdivision: AZ
  • Land Size: < 6001k Sf

Rental Info

  • Rent: 435

Multi Family

  • Number Of Units: 2
  • Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2019
Sold by
Burnworth Reanna
Bought by
Arias Luis and Arias Iduvina
Current Estimated Value
$145,294

Purchase Details

Listed on
Mar 22, 2012
Closed on
Jun 12, 2013
Sold by
Burnworth Jake
Bought by
Burnworth Reanna
Seller's Agent
Debbie Hogan
Fathom Realty Elite
Buyer's Agent
Mike Porter
Fathom Realty Elite
List Price
$64,900
Sold Price
$61,500
Premium/Discount to List
-$3,400
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Feb 4, 2010
Sold by
Us Bank Na
Bought by
Crossland Investments Llc

Purchase Details

Closed on
Sep 9, 2009
Sold by
Holcom Bradley
Bought by
Us Bank Na

Purchase Details

Closed on
Oct 16, 2006
Sold by
Mhg Properties Llc
Bought by
Holcom Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2005
Sold by
Gray Michael L and Gray Heather L
Bought by
Mhg Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2005
Sold by
Chavez Jose R
Bought by
Gray Michael L and Gray Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2002
Sold by
Bon Alma L
Bought by
Chavez Jose R

Purchase Details

Closed on
Jul 3, 2001
Sold by
White Sandra A
Bought by
Chavez Jose R
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
Arias Luis $82,000 Pioneer Title Agency Inc
Burnworth Reanna -- Pioneer Title Agency Inc
Burnworth Reanna $61,500 Pioneer Title Agency Inc
Crossland Investments Llc $46,750 First American
Us Bank Na $156,093 First American
Holcom Bradley $180,000 Citizens Title
Mhg Properties Llc -- --
Gray Michael L $95,000 Yuma Title
Chavez Jose R -- First American Title
Chavez Jose R $47,750 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holcom Bradley $144,000
Previous Owner Mhg Properties Llc $101,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2013 06/28/13 Sold $61,500 -5.2% $123 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
03/22/2012 03/22/12 For Sale $64,900 -- $130 / Sq Ft
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 $503 $4,357 $1,686 $2,671
2024 $494 $4,150 $1,707 $2,443
2023 $494 $3,952 $1,592 $2,360
2022 $479 $3,764 $1,381 $2,383
2021 $499 $3,584 $1,332 $2,252
2020 $461 $3,414 $1,464 $1,950
2019 $452 $3,251 $1,504 $1,747
2018 $432 $3,096 $1,512 $1,584
2017 $415 $3,096 $1,512 $1,584
2016 $422 $2,808 $1,152 $1,656
2015 $334 $2,675 $1,441 $1,234
2014 $334 $2,547 $1,500 $1,047
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Yuma Association of REALTORS®

MLS Number: 98685

Yuma Association of REALTORS®

APN: 633-42-051