NOT LISTED FOR SALE

172 S 16th Ave Yuma, AZ 85364

Estimated Value: $246,000 - $309,000

7 Beds
3 Baths
2,109 Sq Ft
$127/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $315,000 $149 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $1,591/month

4 Days on Market

About This Home

As of August 2022

INVESTMENT OPPORTUNITY!! Cul de sac lot on lined street includes 2 homes!! Larger home includes 5 bedrooms and 2 bathrooms. Smaller home includes 2 bedrooms and 1 bath. Both homes feature tile flooring throughout, tiled showers/tub surrounds and new interior paint. There is plenty of space in the backyard for additional parking or upgrades. Lot comes with an outbuilding that can be used for storage, workshop and more! Don't miss out on this one!

Last Listed By

Caleb Tuggle

The Realty Agency - Foothills License #SA679705000 Listed on: 06/26/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,162

Year Built

  • 1961

Lot Details

  • Fenced

Home Design

  • 2,109 Sq Ft Home
  • Frame Construction
  • Pitched Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Parking

  • Unpaved Parking
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • No Utilities
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 632-39-151
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,162

Year Built

1961

Lot Details

0

Listing Details

  • Assessor Parcel Number: 632-39-151
  • Buyer: 2
  • Exterior Amen: Fenced
  • Price Per Sq Ft: 315000
  • Status Date: 9/1/2022 12:00:00 AM
  • G R S Rent Mult: Clo
  • Imp Size G R S Sq Ft: 1500-2999
  • Lot St Improve: Unpaved Parking, Street Parking, Sidewalks, Paved Street
  • Number Units Spaces: 2
  • Utilities Service Included In Rent: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1961

Interior Features

  • Bedrooms: 7
  • Bathrooms: 3
  • Net Op Inc: Clo
  • To Show: Buyer Agent K/S, Vacant
  • Estimated Sq Ft: 2109

Exterior Features

  • Construction: Frame/Stucco
  • Roof: Pitched

Utilities

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

Lot Info

  • Flood Zone: No
  • Geo Subdivision: AZ
  • Land Size: 12-21.8k Sf

Tax Info

  • Tax Database Id: 2

Multi Family

  • Number Of Units: 2
  • Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2022
Closed on
Jul 20, 2022
Sold by
Camino Otero Real Estate Investments Llc
Bought by
Roman Erick Mendoza and Tumbaga Yuliza Yernia
Seller's Agent
Caleb Tuggle
The Realty Agency - Foothills
Buyer's Agent
Marcos Diaz
The Realty Agency
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%
Total Days on Market
4
Current Estimated Value
$268,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,911
Avg. Annual Appreciation
-6.25%
Original Mortgage
$309,294
Outstanding Balance
$297,242
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
-$31,928

Purchase Details

Closed on
Jan 13, 2014
Sold by
Federal National Mortgage Association
Bought by
Larson Paul W

Purchase Details

Closed on
Jun 28, 2007
Sold by
Nevarez Manuel C
Bought by
Nevarez Manuel C and Nevarez Delia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 28, 2005
Sold by
Nevarez Delia M
Bought by
Nevarez Manuel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.07%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Roman Erick Mendoza -- --
Larson Paul W -- Servicelink
Nevarez Manuel C -- None Available
Nevarez Manuel C -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roman Erick Mendoza $309,294
Previous Owner Nevarez Manuel C $165,000
Previous Owner Nevarez Manuel C $123,000
Previous Owner Nevarez Manuel C $84,750
Previous Owner Nevarez Manuel C $62,139
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $315,000 +5.0% $149 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/26/2022 06/26/22 For Sale $300,000 -- $142 / 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 $1,162 $10,061 $2,136 $7,925
2024 $1,142 $9,582 $2,066 $7,516
2023 $1,142 $9,126 $2,173 $6,953
2022 $1,105 $8,691 $2,284 $6,407
2021 $1,153 $8,277 $2,144 $6,133
2020 $1,064 $7,883 $1,784 $6,099
2019 $1,044 $7,508 $1,885 $5,623
2018 $998 $7,150 $1,790 $5,360
2017 $958 $7,150 $1,790 $5,360
2016 $975 $6,486 $1,389 $5,097
2015 $793 $6,177 $1,800 $4,377
2014 $793 $6,054 $2,649 $3,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Yuma Association of REALTORS®

MLS Number: 20222975

Yuma Association of REALTORS®

APN: 632-39-151