Check Availability

8743 East 40th Lane

8743 East 40th Lane, Yuma, AZ 85365
House in Ocotillo
Sold May 06, 2022
$274,000
$280,302 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2052
8743 East 40th Lane in Yuma, AZ was first built in 2021 and is 3 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. In total, the area measurement of the land is 6,004 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 tile. 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 attached garage. The garage is 437 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, 8743 East 40th Lane sold most recently in May 4, 2022 for a total of $274,000. If you work out the math, that's approximately a cost of $210.61 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 $2,387 in taxes each year. The initial year of tax delinquency occurred in 2021. 8743 East 40th Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,916. If we break it down further, the land itself was valued at $3,934. Improvements to the property, however, were assessed at a total of $12,982. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Condition

New Construction

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 3
  • 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
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 437
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,004
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,301
  • Gross Building Area: 1,301
  • Building Area: 1,301
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LA ESTANCIA SUBDIVISION
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISION: LA ESTANCIA SUBDIVISION LOT: 85 SECTION: 14 TOWNSHIP: 09S RANGE: 22W

Ownership

  • Current Owner : ARELLANO LUIS
  • Current Owner 2: ARELLANO LESLIE CAROL
  • Previous Owner : RIEDEL HOLDINGS LLC
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • Census Tract: 011121

Zoning

  • Zoning: R-1-6

Geography

  • Account Number: R0101690
  • Parcel: 726-03-085
  • Lot: 85
  • Meridian: SEC 14 TWN 09S RNG 22W
  • Latitude: 32.6541
  • Longitude: -114.523

    Address

  • Full Address: 8743 E 40th Ln
  • Address - House Number: 8743
  • Street Direction: E
  • Address - Street Name: 40th
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Yuma
  • Carrier Code: R070
  • 4-Digit Zip Code: 2976
  • Zip Code: 85365

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,387
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 0034

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,302
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: May 06, 2022
  • First Open Lien Mortgage Loan Amount: $280,302
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $217,149
  • Market Land Value: $50,500
  • Market Improvement Value: $166,649

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,916
  • Assessed Land Value: $3,934
  • Assessed Improvements Value: $12,982

    Sales

  • Current Sale Contract Date: May 04, 2022
  • Current Sale Recording Date: May 06, 2022
  • Current Sale Transaction ID: 11887436143
  • Current Sale Price: $274,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16348

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: May 06, 2022
  • First Mortgage Loan Amount: $280,302
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2052

About Ocotillo



Similar Buildings

House at 8743 East 40th Lane,

8743 East 40th Lane

  • 1 Unit for Sale
8743 East 40th Lane, Yuma, AZ 85365
House at 8743 East 40th Lane,

8731 East 40th Lane

  • 1 Unit for Sale
8731 East 40th Lane, Yuma, AZ 85365
House at 8743 East 40th Lane,

6160 East 41st Street

  • 1 Unit for Sale
6160 East 41st Street, Yuma, AZ 85365
House at 8743 East 40th Lane,

6156 East 40th Place

  • 1 Unit for Sale
6156 East 40th Place, Yuma, AZ 85365
House at 8743 East 40th Lane,

6075 East 41st Street

  • 1 Unit for Sale
6075 East 41st Street, Yuma, AZ 85365
House at 8743 East 40th Lane,

5977 East 38th Place

  • 2 Units for Sale
5977 East 38th Place, Yuma, AZ 85365
House at 8743 East 40th Lane,

6582 East 35th Road

  • 1 Unit for Sale
6582 East 35th Road, Yuma, AZ 85365
House at 8743 East 40th Lane,

4564 South Jojoba Avenue

  • 1 Unit for Sale
4564 South Jojoba Avenue, Yuma, AZ 85365
House at 8743 East 40th Lane,

6673 East 35th Place

  • 1 Unit for Sale
6673 East 35th Place, Yuma, AZ 85365

Nearby Rentals

Unit for rent at 5707 E 32 St, Yuma, AZ, 85365

$1,485 /mo

  • Studio
  • 1 Bath
5707 E 32 St, Yuma, AZ, 85365 Listing by Dina Westover
Unit for rent at 4112 S Jasmine Ave, Yuma, AZ, 85365

$1,900 /mo

  • 5 Beds
  • 2 Baths
4112 S Jasmine Ave, Yuma, AZ, 85365 Listing by Cecilia Vidales
Unit for rent at 6093 E 46 Ln, Yuma, AZ, 85365

$2,400 /mo

  • 4 Beds
  • 3 Baths
6093 E 46 Ln, Yuma, AZ, 85365 Listing by Donna White
Unit for rent at 7380 E 37 Pl, Yuma, AZ, 85365

$1,450 /mo

  • 3 Beds
  • 2 Baths
7380 E 37 Pl, Yuma, AZ, 85365 Listing by Heather Heiligenthal
Unit for rent at 4371 S Boxwood Ave, Yuma, AZ, 85365

$1,800 /mo

  • 4 Beds
  • 2 Baths
4371 S Boxwood Ave, Yuma, AZ, 85365 Listing by Heather Heiligenthal
Unit for rent at 7677 E. 42nd Pl., Yuma, AZ, 85365

$1,850 /mo

  • 3 Beds
  • 3 Baths
  • 2,071 ft²
7677 E. 42nd Pl. #7677 E. 42nd Pl., Yuma, AZ, 85365 Listing by Manager
Unit for rent at 7322 E. 39th Place Ds76, Yuma, AZ, 85365

$1,500 /mo

  • 3 Beds
  • 2 Baths
7322 E. 39th Place Ds76 #Unit DS76, Yuma, AZ, 85365 Listing by Manager

Frequently Asked Questions

What neighborhood is 8743 East 40th Lane located in?
The 8743 East 40th Lane is a house located in the neighborhood of Ocotillo in Ocotillo, Yuma.
What is the average sales price for listings in 8743 East 40th Lane?
The average sales price for units in 8743 East 40th Lane is $0 currently.

Quantcast