NOT LISTED FOR SALE

Estimated Value: $713,000 - $904,000

-- Bed
1 Bath
2,124 Sq Ft
$382/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $490,000 $231 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,960/month

184 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet

About This Home

As of May 2019

Live Bullhead City, AZ ~ 4-plex in Desirable Sunridge Estates Community. This 4 unit complex features attached 2 car garages for each unit as well as guest parking. EACH unit has a laundry closet and a small covered back patio with a small fenced area. Unit 1 offers approx 2,124 sq ft with 3 bedrooms, 2 baths, plus a large bonus room with wet bar. Features include vaulted ceilings, ceiling fans, fireplace, indoor laundry and kitchen pantry. Master bath has dual sinks, garden tub and separate shower. Units 2 thru 4 are 2-story townhouse style each with approx 1,008 sq ft each featuring 3 bedrooms and 2 and one half baths. Downstairs features the living area, kitchen, laundry closet, and half bath. Upstairs contains the 2 guest bedrooms, guest bath, and master suite with bath. NO ASSESSMENT! Close to the Colorado River, Lake Mohave & Casinos in Laughlin NV. Contact for more information.

Last Agent to Sell the Property

Lisa Elliott

LH Keller Williams Arizona Living Realty License #BR509308000 Listed on: 10/12/2018

LH Keller Williams Arizona Living Realty

Co-Listed By

Angela Holliday

Holliday River Realty License #BR569347000

Last Buyer's Agent

Timothy Allen

eXp Realty License #SA668802000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,916

Year Built

  • Built in 1998

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 94x163x95x173

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Laminate

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for grounds care, sewer, trash collection, water
  • Legal Lot and Block 15 / 19

Community Details

Overview

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

Building Details

  • 4 Units Leased Month-To-Month
  • Electric Expense $312
  • Insurance Expense $1,827
  • Maintenance Expense $1,404
  • Professional Management Expense $3,810
  • Trash Expense $912
  • New Taxes Expense $5,905
  • Gross Income $38,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,916

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Co List Office Mls Id: 2830
  • Co List Office Phone: 928-219-5482
  • Directions: Hwy 68 to East McCormick Blvd. Turn Left onto Sunlamp turn Left onto Sun River. Home is on the Left on corner of Sunlamp/Sun River Rd.
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Year Built: 1998
  • Lot Size Acres: 0.37
  • Lot Size: 94x163x95x173
  • Professional Management Expense: 3810.0
  • Subdivision Name: Sunridge Estates
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 4
  • Owner Pays: Grounds Care, Sewer, Trash Collection, Water
  • Flooring: Carpet, Laminate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Tile
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 110 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Trash Expense: 912.0

Lot Info

  • Lot Size Sq Ft: 16349.0
  • Zoning Description: R2MF Res: Multiple Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2018
  • New Taxes Expense: 5905.0
  • Tax Annual Amount: 5916.34
  • Tax Block: 19
  • Tax Lot: 15
  • Tax Tract: 4042C

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Electric Expense: 312.0
  • Annual Gross Income: 38100.0
  • Insurance Expense: 1827.0
  • Maintenance Expense: 1404.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2021
Sold by
D & B Borunda Properties Llc
Bought by
Borunda Donald R and Borunda Beatrice Yolanda
Current Estimated Value
$810,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Outstanding Balance
$298,923
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$490,250

Purchase Details

Closed on
Oct 25, 2019
Sold by
Borunda Donald R and Borunda Beatrice Y
Bought by
D & Borunda Properties Llc

Purchase Details

Listed on
Oct 12, 2018
Closed on
Apr 19, 2019
Sold by
The Sellers Family Trust
Bought by
Borunda Donald R and Li Beatrice
Seller's Agent
Lisa Elliott
LH Keller Williams Arizona Living Realty
Buyer's Agent
Timothy Allen
eXp Realty
List Price
$524,900
Sold Price
$490,000
Premium/Discount to List
-$34,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$245,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2006
Sold by
Sellers Juergen L and Sellers Katherine A
Bought by
Sellers Juergen L and Sellers Katherine A

Purchase Details

Closed on
Apr 9, 2004
Sold by
Kennedy Donald G and Kennedy Charlene F
Bought by
Kennedy Donald G and Kennedy Charlene F
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
Borunda Donald R -- Fidelity Natl Ttl Agcy Inc
D & Borunda Properties Llc -- None Available
Borunda Donald R $495,000 Chicago Title Agency Inc
Sellers Juergen L -- First American Title Ins Co
Kennedy Donald G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borunda Donald R $332,500
Closed Borunda Donald R $245,000
Previous Owner Kennedy Donald G $276,276
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $490,000 -6.6% $231 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
10/12/2018 10/12/18 For Sale $524,900 -- $247 / 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 -- -- -- --
2025 $6,533 $80,444 $0 $0
2024 $6,533 $96,584 $0 $0
2023 $6,533 $78,704 $0 $0
2022 $6,298 $61,483 $0 $0
2021 $6,343 $52,303 $0 $0
2019 $6,081 $49,046 $0 $0
2018 $5,916 $46,006 $0 $0
2017 $6,240 $47,445 $0 $0
2016 $5,851 $46,696 $0 $0
2015 $5,531 $47,049 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 953036

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 348-04-357