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1048 South Cholla Avenue

1048 South Cholla Avenue, Somerton, AZ 85350
House in Yuma
Sold Apr 13, 2021
$246,000
$248,484 by Panorama Mortgage Group Llc
Mortgage Due May 01, 2051
Sold Aug 26, 2016
$140,000
$137,464 by Amerifirst Financial Inc
Mortgage Due Sep 01, 2046
Local assessors in Somerton, AZ have categorized 1048 South Cholla Avenue as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 8,061 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1048 South Cholla Avenue has a total of 1,964 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 452 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tile. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1048 South Cholla Avenue sold most recently in Mar 6, 2021 for a total of $246,000. If you work out the math, that's approximately a cost of $125.25 per sqft. Before that, the property was also sold for $140,000 in Jul 27, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,760 in taxes each year. 1048 South Cholla Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,233. If we break it down further, the land itself was valued at $3,230. Improvements to the property, however, were assessed at a total of $14,003. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 452
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,061
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,964
  • Gross Building Area: 1,964
  • Building Area: 1,964
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,964
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VALLE SERENO EST 6
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISION: VALLE SERENO EST 6 LOT: 167 SECTION: 03 TOWNSHIP: 10S RANGE: 24W

Ownership

  • Current Owner : CORTEZ DIEGO ARMANDO
  • Previous Owner : VEGA WENDY
  • Owner Before Previous Owner: VARELA GERARDO T
  • Owner Before Previous Owner 2: VARELA MARIA M
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Somerton Elementary District
  • Census Tract: 011501

Zoning

  • Zoning: R-1-8

Geography

  • Account Number: R0076773
  • Parcel: 752-24-167
  • Lot: 167
  • Meridian: SEC 03 TWN 10S RNG 24W
  • Latitude: 32.588
  • Longitude: -114.701

    Address

  • Full Address: 1048 S Cholla Ave
  • Address - House Number: 1048
  • Street Direction: S
  • Address - Street Name: Cholla
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Somerton
  • Zip Code: 85350

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,760
  • Tax Rate Code Area: 1158

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 350,129
  • High Value: 423,291
  • Low Value: 276,968

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $248,484
  • First Open Lien Mortgage Lender: PANORAMA MORTGAGE GROUP LLC
  • First Open Lien Mortgage Recording Date: Apr 13, 2021
  • First Open Lien Mortgage Loan Amount: $248,484
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $248,068
  • Market Land Value: $46,500
  • Market Improvement Value: $201,568

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,233
  • Assessed Land Value: $3,230
  • Assessed Improvements Value: $14,003

    Sales

  • Current Sale Contract Date: Mar 06, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Transaction ID: 11835859038
  • Current Sale Price: $246,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-13889
  • Previous Sale Recording Date: Aug 26, 2016
  • Previous Sale Contract Date: Jul 27, 2016
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PANORAMA MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: Apr 13, 2021
  • First Mortgage Loan Amount: $248,484
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERIFIRST FINANCIAL INC
  • Previous Mortgage Transaction Date: Aug 26, 2016
  • Previous Mortgage Loan Amount: $137,464
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Somerton



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Frequently Asked Questions

What neighborhood is 1048 South Cholla Avenue located in?
The 1048 South Cholla Avenue is a house located in the neighborhood of Yuma in Somerton, Somerton.
What is the average sales price for listings in 1048 South Cholla Avenue?
The average sales price for units in 1048 South Cholla Avenue is $0 currently.

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