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531 South 8th Avenue

531 South 8th Avenue, Yuma, AZ 85364
Property in Yuma
Sold Jul 26, 2021
$180,000
$144,000 by Nova Financial & Investment Co
Mortgage Due Aug 01, 2051
Sold Jan 07, 2016
$174,751
531 South 8th Avenue in Yuma, AZ was first built in 1951 and is 73 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 3 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 531 South 8th Avenue has 1,459 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,500 square feet.

Learn more about the property and building on this page. There is a covered porch. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 576 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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, 531 South 8th Avenue sold most recently in Apr 22, 2021 for a total of $180,000. If you work out the math, that's approximately a cost of $123.37 per sqft. Before that, the property was also sold for $174,751 in Jan 7, 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 $1,309 in taxes each year. The initial year of tax delinquency occurred in 2021. 531 South 8th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $12,061. If we break it down further, the land itself was valued at $3,939. Improvements to the property, however, were assessed at a total of $8,122. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,459
  • Gross Building Area: 1,459
  • Building Area: 1,459
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,459
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SAWYERS SURVEY OF BLKS 123, 126-129, 156
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISION: SAWYERS SURVEY OF BLKS 123, 126-129, 156-159 COY BLOCK: 129 N2 LOT 20 ALL LOT 21 SECTION: 21 TOWNSHIP: 08S RANGE

Ownership

  • Current Owner : SEALE RYAN A
  • Previous Owner : MEINHARDT STEVE R
  • Previous Owner 2: MEINHARDT JONI LYNN
  • Owner Before Previous Owner: MYER TOBY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Yuma Union High School District
  • Census Tract: 000200

Zoning

  • Zoning: R-1-6

Geography

  • Account Number: R0041875
  • Parcel: 633-49-114
  • Block: 129
  • Lot: 20-21
  • Meridian: SEC 21 TWN 08S RNG 23W
  • Latitude: 32.7173
  • Longitude: -114.629

    Address

  • Full Address: 531 S 8th Ave
  • Address - House Number: 531
  • Street Direction: S
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Yuma
  • Carrier Code: C012
  • 4-Digit Zip Code: 2960
  • Zip Code: 85364

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,309
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 0164

    Appraisal Valuation

  • Standard Deviation: 0.2188
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 69
  • Final Value: 255,676
  • High Value: 311,638
  • Low Value: 199,714

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,000
  • First Open Lien Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Open Lien Mortgage Recording Date: Jul 26, 2021
  • First Open Lien Mortgage Loan Amount: $144,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $153,868
  • Market Land Value: $50,250
  • Market Improvement Value: $103,618

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,061
  • Assessed Land Value: $3,939
  • Assessed Improvements Value: $8,122

    Sales

  • Current Sale Contract Date: Apr 22, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Transaction ID: 11847206409
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-28103
  • Previous Sale Recording Date: Jan 07, 2016
  • Previous Sale Contract Date: Jan 07, 2016
  • Previous Sale Amount: $174,751
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Mortgage Transaction Date: Jul 26, 2021
  • First Mortgage Loan Amount: $144,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

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Frequently Asked Questions

What neighborhood is 531 South 8th Avenue located in?
The 531 South 8th Avenue is a located in the neighborhood of Yuma in Yuma, Yuma.
What is the average sales price for listings in 531 South 8th Avenue?
The average sales price for units in 531 South 8th Avenue is $0 currently.

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