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7873 East Lorenzo Lane

7873 East Lorenzo Lane, Yuma, AZ 85365
House in Tamarack
Sold Jun 30, 2023
Transfer
$175,000 by White Patricia
Mortgage
Sold May 26, 1998
$160,000
$128,000 by National Bank Of Arizona
Mortgage Due Jun 01, 2028
7873 East Lorenzo Lane has been categorized by the local assessors in Yuma, AZ as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home has a total of 3 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7873 East Lorenzo Lane has 2,028 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,488 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 504 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a covered porch. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tile. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $160,000 in Feb 8, 1998. Current property owners are expected to pay $2,637 in taxes per year. The property on 7873 East Lorenzo Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $24,295. To break that down further, the land itself was valued at $5,777. While improvements to the property were assessed at a total of $18,518. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 1998
  • Effective Year Built: 1998
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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: 504
  • Parking Space Count: 2
  • Porch Type: Covered porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,488
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,028
  • Gross Building Area: 2,028
  • Building Area: 2,028
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,028
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TAMARACK 3
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISION: TAMARACK 3 LOT: 83 SECTION: 03 TOWNSHIP: 09S RANGE: 22W

Ownership

  • Current Owner : WHITE PAUL J
  • Previous Owner : WHITE PATRICIA J
  • Owner Before Previous Owner: FIRST AMER TITLE INS AGENCY OF YUMA INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Yuma Union High School District
  • Census Tract: 010911

Zoning

  • Zoning: R-1-8

Geography

  • Account Number: R0049578
  • Parcel: 698-08-083
  • Lot: 83
  • Meridian: SEC 03 TWN 09S RNG 22W
  • Latitude: 32.6819
  • Longitude: -114.496

    Address

  • Full Address: 7873 E Lorenzo Ln
  • Address - House Number: 7873
  • Street Direction: E
  • Address - Street Name: Lorenzo
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Yuma
  • Carrier Code: R022
  • 4-Digit Zip Code: 7852
  • Zip Code: 85365

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,637
  • Tax Rate Code Area: 0058

    Appraisal Valuation

  • Standard Deviation: 0.0768
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 94
  • Final Value: 416,953
  • High Value: 449,010
  • Low Value: 384,896

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: WHITE PATRICIA
  • First Open Lien Mortgage Recording Date: Jun 30, 2023
  • First Open Lien Mortgage Loan Amount: $175,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back

    Market Valuation

  • Market Total Value: $269,149
  • Market Land Value: $64,000
  • Market Improvement Value: $205,149

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,295
  • Assessed Land Value: $5,777
  • Assessed Improvements Value: $18,518

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Transaction ID: 11908961862
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15728
  • Previous Sale Recording Date: May 26, 1998
  • Previous Sale Contract Date: Feb 08, 1998
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WHITE PATRICIA
  • First Mortgage Transaction Date: Jun 30, 2023
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL BANK OF ARIZONA
  • Previous Mortgage Transaction Date: May 26, 1998
  • Previous Mortgage Loan Amount: $128,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2028

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Frequently Asked Questions

What neighborhood is 7873 East Lorenzo Lane located in?
The 7873 East Lorenzo Lane is a house located in the neighborhood of Tamarack in Tamarack, Yuma.
What is the average sales price for listings in 7873 East Lorenzo Lane?
The average sales price for units in 7873 East Lorenzo Lane is $0 currently.

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