NOT LISTED FOR SALE

711 W Morondo Ave Ajo, AZ 85321

Estimated Value: $77,000 - $125,000

-- Bed
2 Baths
841 Sq Ft
$112/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $40,000 $48 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $548/month

82 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of March 2023

SELLER FINANCING IS AVAILABLE WITH FLEXIBLE TERMS & LOW DOWN PAYMENT! Two separate dwellings that are currently vacant. One unit has three bedrooms and one bathroom (841 sq ft), while the other has one bedroom and one bathroom (529 sq ft). Ajo is about two hours from Phoenix, Tucson, and the popular tourist destination of Rocky Point. This is an excellent opportunity for someone looking to live in one unit while leasing out the other. Come check out this investment opportunity today.

Last Agent to Sell the Property

Daniela Rubio

Better Homes & Gardens Real Estate SJ Fowler License #SA662518000 Listed on: 11/15/2022

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Laura Good

Better Homes & Gardens Real Estate SJ Fowler License #SA639563000

Last Buyer's Agent

Yesenia Espinoza

A.Z. & Associates License #BR571746000

A.Z. & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $515

Year Built

  • Built in 1958

Lot Details

  • 6,708

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 00009 / 042
  • Assessor Parcel Number 401-24-097

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 125x54
  • Ajo Townsite First Add Subdivision

Building Details

  • Operating Expense $515

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$515

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Legal Info Range: 60
  • Property Type: Multiple Dwellings
  • Zoning: CR-4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2022
  • Road Surface Type: Dirt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: AJO TOWNSITE FIRST ADD
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: City Electric
  • Cooling: Window/Wall Unit, Electric
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Lot Info

  • Lot Size: 125x54
  • Additional Parcels: No
  • Parcel #: 401-24-097

Multi Family

  • Owner Pays: Other
  • Number Of Units Total: 2
  • Annual Operating Expense: 515.0

Tax Info

  • Tax Annual Amount: 515.0
  • Tax Block: 042
  • Tax Book Number: 401.00
  • Tax Lot: 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2025
Sold by
Cruz Eliud G
Bought by
Espinoza Miguel and Espinoza Yesenia
Current Estimated Value
$94,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Outstanding Balance
$70,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$15,436

Purchase Details

Listed on
Nov 15, 2022
Closed on
Mar 6, 2023
Sold by
Villescas-Corral Yesenia
Bought by
Cruz Eliud G
Seller's Agent
Daniela Rubio
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Yesenia Espinoza
A.Z. & Associates
List Price
$65,000
Sold Price
$40,000
Premium/Discount to List
-$25,000
-38.46%
Views
325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.66%

Purchase Details

Closed on
Mar 28, 2022
Sold by
Gonzalez Ibarra Manuel and Gonzalez Veronica
Bought by
Villescas-Corral Yesenia

Purchase Details

Closed on
Sep 3, 2021
Sold by
Diaz Jose Gerardo Sanchez and Romero Lina
Bought by
Romero Lina

Purchase Details

Closed on
Sep 2, 2021
Sold by
Romero Lina
Bought by
Ibarra Manuel Gonzalez and Gonzalez Veronica

Purchase Details

Closed on
Dec 10, 2009
Sold by
Stacy Gary R
Bought by
Romero Lina

Purchase Details

Closed on
Sep 21, 2009
Sold by
Mcclure Steven W
Bought by
St Titus Institute Inc

Purchase Details

Closed on
Sep 4, 2001
Sold by
Phillips Barbara A
Bought by
Hutton Cathy Leigh

Purchase Details

Closed on
Aug 29, 2001
Sold by
Hutton Cathy Leigh
Bought by
Phillips Barbara C

Purchase Details

Closed on
Sep 10, 1999
Sold by
Phillips Barbara C
Bought by
Hutton Cathy Leigh

Purchase Details

Closed on
Mar 16, 1995
Sold by
Cunningham Margaret J
Bought by
Phillips Wilbur R and Phillips Barbara C
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
Espinoza Miguel $65,000 Pioneer Title
Cruz Eliud G $40,000 Driggs Title Agency
Villescas-Corral Yesenia -- --
Villescas-Corral Yesenia -- --
Romero Lina -- Pioneer Title Agency Inc
Romero Lina -- Pioneer Title Agency Inc
Ibarra Manuel Gonzalez $15,000 Pioneer Title Agency Inc
Ibarra Manuel Gonzalez $15,000 Pioneer Title Agency Inc
Romero Lina $17,500 None Available
St Titus Institute Inc $9,000 None Available
Hutton Cathy Leigh -- --
Phillips Barbara C -- --
Hutton Cathy Leigh -- --
Phillips Wilbur R $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinoza Miguel $70,000
Closed Romero Lina $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $40,000 -38.5% $48 / Sq Ft
03/01/2023 03/01/23 For Sale $65,000 0.0% $77 / Sq Ft
03/01/2023 03/01/23 Price Changed $65,000 0.0% $77 / Sq Ft
12/19/2022 12/19/22 Price Changed $65,000 -13.3% $77 / Sq Ft
11/15/2022 11/15/22 For Sale $75,000 -- $89 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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
2024 $552 $4,977 -- --
2023 $535 $4,740 $0 $0
2022 $515 $4,514 $0 $0
2021 $613 $4,866 $0 $0
2020 $598 $4,866 $0 $0
2019 $591 $4,639 $0 $0
2018 $643 $4,935 $0 $0
2017 $669 $4,935 $0 $0
2016 $643 $4,777 $0 $0
2015 $607 $4,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6489648

Arizona Regional Multiple Listing Service (ARMLS)

APN: 401-24-0970