NOT LISTED FOR SALE

1240 Palmas Dr Lake Havasu City, AZ 86404

Estimated Value: $635,000 - $794,000

4 Beds
3.5 Baths
2,293 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 08, 2017

Last sale price $382,000 $167 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,925/month

120 Days on Market

Highlights

  • Casita
  • Lake View
  • Granite Countertops
  • Primary Bedroom Suite
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of November 2017

Looking for an amazing view? Well search no more. This home has a huge front patio with UNOBSTRUCTED lake and sunset views. It's been completely renovated with exterior stucco, granite, paint, tile, carpet, etc. Wait there is more! Casita was built in 2013 and built to impress even your pickiest guests! Large backyard with plenty of room for a pool. Tons of RV parking and enough room to build an RV Garage. Can be purchased with MLS #929969 as a package or separate. There are so many options with this property. You won't want to miss this.

Last Agent to Sell the Property

Stacy Johnson

Realty Executives Lake Havasu City License #SA657738000 Listed on: 06/16/2017

Co-Listed By

Paul Bruce

Realty Executives Lake Havasu City License #BR651541000

Last Buyer's Agent

Sandra Faubion

Coldwell Banker Realty License #SA649995000

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,960

Year Built

  • Built in 1993

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90x125x90x125
  • Back Yard Fenced
  • Block Wall Fence
  • Stucco Fence
  • Landscaped
  • Irrigation
  • Property is zoned L-R-1 Single-Family Residential

Home Design

  • Split Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,293 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Dining Area
  • Lake Views

Kitchen

  • Electric Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry in Garage
  • Electric Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Casita

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Water Softener is Owned
  • Public Septic

Community Details

  • No Home Owners Association
  • Lake Havasu City Subdivision

Listing and Financial Details

  • Tax Block 11

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,960

Year Built

Built in 1993

Lot Details

0

Listing Details

  • ApxLotDim: 90x125x90x125
  • ApxTot Sq Ft: 2293.00
  • Directions: Amigo to Palmas make a left and home on right.
  • Listing Member Name: Stacy Johnson
  • Listing Office Short Id: 14301470
  • List Type: Exclusive Right To Sell
  • Lot Sq Ft: 11326.00
  • Open House Office I D: 20171212181804956446000000
  • Prop. Type: Residential
  • Selling Member Short Id: sfaub13
  • Selling Office Short Id: 14302880
  • OFFICELIST_STATE: AZ
  • Year Built: 1993
  • MasterBRBA: 1 Master Suite, Master on Main Floor, Shower Only
  • OCCUPANCY: Leased
  • Building Style: Split Level
  • Property Sub Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances Equipment: Built in Microwave, Dishwasher, Disposal, Electric Oven, Electric Range, Garage Door Opener(s), Refrigerator, Water Heater-Elec, Water Softener-Owned
  • Estimated Living Sq Ft: 2293.00
  • Lower Floor 1 Bedrooms: 4
  • Fireplace_02: Wood Burning
  • Lower Floor 1 Half Bathrooms: 1
  • Limited Service: No
  • Interior Flooring: Carpet, Tile
  • Total Bathrooms: 4.00
  • Interior Amenities: Casual Dining, Ceiling Fan(s), Counters-Granite/Stone, Kitchen Island, Walk-In Closet(s)
  • New Construction: No
  • Other Rooms: Detached Casita

Exterior Features

  • Exterior Construction: Stucco, Wood Frame
  • Exterior Features: Landscape-Front Yard, Watering System
  • Fencing: Back Yard, Block, Stucco
  • Lot: 13
  • Pool: No
  • Street: Palmas
  • Roof: Shingle

Garage/Parking

  • ApxGarageDepth: 22-27
  • Garage Spaces: 2
  • Garage/Parking: Attached, Finished, Motor Home Parking 10Ft +wide, Side Parking 8-10 Ft + Wide
  • GarageSpaces10X20: 2

Utilities

  • Cooling: Central Air, Electric
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Hot Water: City

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 1960.00

Lot Info

  • Lot Description: Rd Maintained-Public, View-Lake
  • Zoning: L-R-1 Single-Family Residential

Green Features

  • Green Features: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2019
Sold by
Mckinney Robert K and Mckinney Sandra J
Bought by
Mckinney Robert K and Mckinney Sandra J
Current Estimated Value
$706,321

Purchase Details

Listed on
Jun 16, 2017
Closed on
Oct 26, 2017
Sold by
Hollis Walter and Hollis Laurie
Bought by
Mckinney Robert K and Mckinney Sandra J
Seller's Agent
Stacy Johnson
Realty Executives Lake Havasu City
Buyer's Agent
Sandra Faubion
Coldwell Banker Realty
List Price
$399,000
Sold Price
$382,000
Premium/Discount to List
-$17,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$248,300
Outstanding Balance
$208,449
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$485,753

Purchase Details

Listed on
Nov 3, 2012
Closed on
Nov 9, 2012
Sold by
Peterson Elmer and Peterson Glenda
Bought by
Hollis Walter and Hollis Laurie
Seller's Agent
Lori Booth
Have Fun Realty, LLC
Buyer's Agent
Lori Booth
Have Fun Realty, LLC
List Price
$125,000
Sold Price
$121,600
Premium/Discount to List
-$3,400
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.84%

Purchase Details

Closed on
Feb 25, 2008
Sold by
Peterson Elmer Walter and Peterson Glenda Ann
Bought by
Peterson Elmer and Peterson Glenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,900
Interest Rate
4.36%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 9, 2007
Sold by
Peterson Elmer W and Peterson Glenda A
Bought by
Peterson Elmer Walter and Peterson Glenda Ann
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mckinney Robert K -- None Available
Mckinney Robert K $382,000 Chicago Title Agency Inc
Hollis Walter $121,600 Stewart Title & Trust Of Pho
Peterson Elmer -- Equity Title Agency
Peterson Elmer Walter -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinney Robert K $248,300
Previous Owner Peterson Elmer $366,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2017 11/08/17 Sold $382,000 -4.3% $167 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $399,000 +228.1% $174 / Sq Ft
11/16/2012 11/16/12 Sold $121,600 -2.7% $63 / Sq Ft
11/03/2012 11/03/12 For Sale $125,000 -- $65 / Sq Ft
Source: Lake Havasu Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $922 -- -- --
2025 $1,867 $51,248 $0 $0
2024 $1,867 $52,744 $0 $0
2023 $1,867 $47,380 $0 $0
2022 $1,798 $34,053 $0 $0
2021 $2,011 $28,632 $0 $0
2019 $1,910 $26,988 $0 $0
2018 $1,846 $22,487 $0 $0
2017 $2,168 $22,101 $0 $0
2016 $1,960 $24,891 $0 $0
2015 $1,876 $19,955 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 929068

Lake Havasu Association of REALTORS®

APN: 112-16-390