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3118 48th Way

Yuma, AZ 85364

3 bd 2 ba 2,001 sqft Built 2003 Lot 9,031 sqft single_family
Most recent sale
$385,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $385,000 MLS #20221753
Apr 16, 2022 Price changed $385,000 MLS #20221753
Apr 13, 2022 Listed $359,900 MLS #20221753
Apr 20, 2017 Sold $202,400 Public Record
Apr 3, 2012 Sold $201,600 MLS #98232
Feb 15, 2012 Listed $201,600 MLS #98232
May 25, 2004 Sold $221,025 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $25,430 $7,450 $32,880 $3,039
2024 $25,430 $7,450 $32,880 $2,925
2023 $20,153 $6,600 $26,753 $2,785
2022 $17,465 $6,250 $23,715 $2,713
2021 $17,173 $5,900 $23,073 $2,921
2020 $16,058 $6,200 $22,258 $2,850
2019 $14,636 $6,400 $21,036 $2,803
2018 $14,636 $6,400 $21,036 $2,717
2017 $14,601 $6,400 $21,001 $2,729
2016 $15,688 $6,400 $22,088 $3,053
2015 $13,216 $6,600 $19,816 $2,788
2014 $13,227 $5,750 $18,977 $2,444
2013 $12,367 $5,350 $17,717 $2,323
2012 $9,587 $7,400 $16,987 $2,559
2011 $13,977 $7,400 $21,377 $2,224
2010 $14,889 $7,600 $22,489 $2,242
2009 $14,889 $7,600 $22,489 $2,385
2008 $17,707 $8,200 $25,907 $2,399
2006 $17,265 $7,200 $24,465 $2,118

Property facts

Year built
2003
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,001 sqft
Lot size
9,031 sqft
ZIP code
85364
City
Yuma
Street
48th Way
Coordinates
32.67089, -114.68423

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,102
Gross rental yield
9.67%
Implied cap rate
6.28%
Trend-extrapolated value

Frequently asked questions

When did 3118 48th Way last sell?
3118 48th Way most recently sold on May 26, 2022 for $385,000.
What is the current tax assessment for 3118 48th Way?
The most recent total assessment for 3118 48th Way (year 2025) is $32,880 with $3,039 in property tax.
How does 3118 48th Way's assessment compare to its last sale price?
The current assessment is 91.5% below the last sale price of $385,000.
When was 3118 48th Way built?
3118 48th Way was built in 2003.
How does 3118 48th Way compare to others on 48th Way?
We track 8 other properties on 48th Way. Browse the list under "Other properties on 48th Way" to compare beds, baths, and sale history.
What are the property facts for 3118 48th Way?
3118 48th Way is a 3 bed, 2 bath, 2,001 sqft, 9,031 sqft lot single_family.
Is 3118 48th Way a flip candidate?
No — 3118 48th Way does not appear in our flips dataset.
Is 3118 48th Way a tax-appeal candidate?
No — 3118 48th Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.0%
Implied 1-yr
+11.8%
2026 Q3
$352.6K
2026 Q4
$361.3K
ZIP 85364 — Median Price History + Forecast

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