NOT LISTED FOR SALE

336 N State Ave Somerton, AZ 85350

Estimated Value: $398,000 - $439,770

2 Beds
2 Baths
-- Sq Ft
6,490 Sq Ft Lot

Last Sold May 25, 2018

Last sale price $230,000

Est. 72% increase in value since last sale

Current estimated payment $2,293/month

About This Home

As of May 2018

Completed in 2006, this well-designed, low density, single-story Tri-Plex consists of 2 bedroom, 2 bathroom units renting for $630 a month. The City of Somerton is on the rise with the announcement of Yuma Union High School District building a new high school within the city in 2020, the construction of the $4.8 million expansion of the City of Somerton City Hall facility, the $3.2 million new Del Sol Market, and the $6.8 million Border Health nurse training and a walk-in clinic facility.

Last Agent to Sell the Property

Jerry LoCoco

Realty One Group Gateway License #BR533658000 Listed on: 04/28/2017

Last Buyer's Agent

Andrew Haynes

SVN/Velocity Commercial RE License #SA673446000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,576

Lot Details

  • 6,490

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 743-62-016
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,576

Lot Details

0

Listing Details

  • Assessor Parcel Number: 743-62-016
  • Buyer: 3
  • Price Per Sq Ft: 76666.67
  • Status Date: 5/30/2018 12:00:00 AM
  • G R S Rent Mult: Clo
  • Imp Size G R S Sq Ft: 6000-47,999
  • Number Units Spaces: 3
  • Zoning Sign: R-3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2
  • Net Op Inc: Clo

Utilities

  • Internet: No

Lot Info

  • Geo Subdivision: AZ
  • Land Size: 6001-12k Sf

Multi Family

  • Number Of Units: 3
  • Number Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 16, 2018
Sold by
Villegas Fernando and Villegas Dalia
Bought by
Valenzuela Oscar J
Seller's Agent
Jerry LoCoco
Realty One Group Gateway
Buyer's Agent
Andrew Haynes
SVN/Velocity Commercial RE
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%
Current Estimated Value
$396,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,749
Avg. Annual Appreciation
8.65%
Original Mortgage
$225,834
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 2006
Sold by
Tanainas Property Development Llc
Bought by
Villegas Fernando and Villegas Dalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,904
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2006
Sold by
Renteria Juan M and Renteria Juan
Bought by
Tanainas Property Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,904
Interest Rate
6.57%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Valenzuela Oscar J $230,000 Chicago Title
Villegas Fernando -- Accommodation
Tanainas Property Development Llc $56,000 Citizens Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valenzuela Oscar J $220,319
Closed Valenzuela Oscar J $225,834
Previous Owner Villegas Fernando $168,000
Previous Owner Villegas Fernando $168,000
Previous Owner Tanainas Property Development Llc $110,904
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $230,000 -4.2% --
04/28/2017 04/28/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $240,000 -- --
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 $1,576 $14,335 $1,200 $13,135
2024 $1,513 $13,653 $1,252 $12,401
2023 $1,513 $13,003 $1,517 $11,486
2022 $1,599 $12,384 $916 $11,468
2021 $1,543 $11,793 $887 $10,906
2020 $1,735 $11,232 $1,060 $10,172
2019 $1,631 $10,698 $1,140 $9,558
2018 $1,581 $10,187 $1,240 $8,947
2017 $1,548 $10,187 $1,240 $8,947
2016 $128 $813 $813 $0
2015 $176 $813 $813 $0
2014 $176 $1,300 $1,300 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Yuma Association of REALTORS®

MLS Number: 128017

Yuma Association of REALTORS®

APN: 743-62-016