NOT LISTED FOR SALE

5080 S La Calzada Dr Fort Mohave, AZ 86426

Estimated Value: $465,000 - $473,000

8 Beds
4 Baths
3,328 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $260,000 $78 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,677/month

422 Days on Market

Highlights

  • 1.03 Acre Lot
  • Tile Flooring
  • East Facing Home
  • No HOA
  • Central Heating and Cooling System

About This Home

As of December 2017

EXCELLENT OPPORTUNITY to own RARE MULTI-UNIT PROPERTY in Fort Mohave with great cash flow. 100% occupied.NO WATER OR SEWER BILLS - property has well and septic.ATTACHED 1 or 2 CAR GARAGES FOR EACH UNIT with laundry hookups - also a rare and desirable amenity.Located just north of VVMC and the upcoming Fort Mohave Walmart Supercenter site. 2 blocks off Highway 95 in a gentle rural residential area. Nicely maintained and attractive ground floor units on an acre + lot. 5080 and 5090 S La Calzada are both available for sale - MLS #919757 and #919759. Buy one or both!,

Last Agent to Sell the Property

Candice A Donofrio

Next Wave Real Estate Investments Llc License #BR528507000 Listed on: 10/03/2016

Last Buyer's Agent

Candice A Donofrio

Next Wave Real Estate Investments Llc License #BR528507000 Listed on: 10/03/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,028

Year Built

  • Built in 1992

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 150 x 300
  • East Facing Home

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for grounds care, trash collection
  • Legal Lot and Block 6 / C

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Marilyn Acres Subdivision

Building Details

  • 4 Units Leased Month-To-Month
  • Insurance Expense $99,999
  • Maintenance Expense $700
  • Manager Expense $99,999
  • Trash Expense $547
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,028

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Directions: Highway 95 S of Aztec between Los Gauchos and El Rodeo - 5080 is 1 lot N of the corner of Los Gauchos/La Calzada.
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Year Built: 1992
  • Lot Size Acres: 1.03
  • Lot Size: 150 x 300
  • Subdivision Name: Marilyn Acres
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Grounds Care, Trash Collection
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Pool Private: No
  • Builder Name: unknown
  • Construction Type: Stucco
  • Direction Faces: East

Garage/Parking

  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association: No

Fee Information

  • Trash Expense: 547.0

Lot Info

  • Lot Size Sq Ft: 44867.0
  • Zoning Description: R4 Multiple Family Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1027.64
  • Tax Block: C
  • Tax Lot: 6
  • Tax Tract: 1201

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 27600.0
  • Insurance Expense: 99999.0
  • Maintenance Expense: 700.0
  • Resident Manager Expense: 99999.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
Nov 10, 2017
Sold by
Van Home Teresa Marie and Schmall Teresa Marie
Bought by
Cornell Thomas H and Cornell Rhonda L
Seller's Agent
Candice A Donofrio
Next Wave Real Estate Investments Llc
Buyer's Agent
Candice A Donofrio
Next Wave Real Estate Investments Llc
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Current Estimated Value
$494,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,500
Avg. Annual Appreciation
9.99%
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
Cornell Thomas H $520,000 Pioneer Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $260,000 -13.3% $78 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
10/03/2016 10/03/16 For Sale $299,900 -- $90 / 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 $631 -- -- --
2025 $1,210 $33,337 $0 $0
2024 $1,210 $26,834 $0 $0
2023 $1,210 $16,816 $0 $0
2022 $1,188 $15,615 $0 $0
2021 $1,225 $12,315 $0 $0
2019 $1,145 $10,129 $0 $0
2018 $1,114 $9,964 $0 $0
2017 $1,103 $8,141 $0 $0
2016 $1,028 $8,141 $0 $0
2015 $1,387 $10,481 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 919757

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 227-17-028