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532 South Bingham Drive

532 South Bingham Drive, Somerton, AZ 85350
Property in Yuma
Sold May 10, 2011
$25,000
$91,350 by United States Of America
Mortgage Due May 07, 2044
Local assessors in Somerton, AZ have categorized 532 South Bingham Drive as a residential type of property. The home was built in 2011 and is 13 years old. The property's lot size has been calculated to be 6,060 square feet. 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 532 South Bingham Drive has a total of 1,100 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 538 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 composition shingle. 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, 532 South Bingham Drive sold most recently in Jan 20, 2011 for a total of $25,000. If you work out the math, that's approximately a cost of $22.73 per sqft. 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 $1,407 in taxes each year. 532 South Bingham Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $12,686. If we break it down further, the land itself was valued at $2,617. Improvements to the property, however, were assessed at a total of $10,069. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 0
  • 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: Attached
  • Garage Square Area: 538
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,060
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,100
  • Gross Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DESERT VALLEY ESTATES III
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISION: DESERT VALLEY ESTATES III LOT: 55 SECTION: 03 TOWNSHIP: 10S RANGE: 24W

Ownership

  • Current Owner : ARMENDARIZ GUTIERREZ DANIEL
  • Previous Owner : HOUSING AMERICA CORPORATION

Neighborhood

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

Zoning

  • Zoning: R-1-6

Geography

  • Account Number: R0087344
  • Parcel: 752-08-090
  • Lot: 55
  • Meridian: SEC 03 TWN 10S RNG 24W
  • Latitude: 32.5932
  • Longitude: -114.703

    Address

  • Full Address: 532 S Bingham Dr
  • Address - House Number: 532
  • Street Direction: S
  • Address - Street Name: Bingham
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Somerton
  • Zip Code: 85350

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,407
  • Tax Rate Code Area: 1156

    Appraisal Valuation

  • Standard Deviation: 0.1906
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 251,271
  • High Value: 299,168
  • Low Value: 203,373

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,350
  • First Open Lien Mortgage Lender: UNITED STATES OF AMERICA
  • First Open Lien Mortgage Recording Date: May 10, 2011
  • First Open Lien Mortgage Loan Amount: $91,350
  • First Open Lien Mortgage Term: 395
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 07, 2044

    Market Valuation

  • Market Total Value: $181,782
  • Market Land Value: $37,500
  • Market Improvement Value: $144,282

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,686
  • Assessed Land Value: $2,617
  • Assessed Improvements Value: $10,069

    Sales

  • Current Sale Contract Date: Jan 20, 2011
  • Current Sale Recording Date: May 10, 2011
  • Current Sale Transaction ID: 1018413043
  • Current Sale Price: $25,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2011-11329

    Last Sale Mortgage

  • First Mortgage Lender: UNITED STATES OF AMERICA
  • First Mortgage Transaction Date: May 10, 2011
  • First Mortgage Loan Amount: $91,350
  • First Mortgage Terms: 395
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 07, 2044

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 532 South Bingham Drive located in?
The 532 South Bingham Drive is a located in the neighborhood of Yuma in Somerton, Somerton.
What is the average sales price for listings in 532 South Bingham Drive?
The average sales price for units in 532 South Bingham Drive is $0 currently.

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