NOT LISTED FOR SALE

1566 Palace Way Unit 25 Lake Havasu City, AZ 86403

Estimated Value: $407,931 - $527,000

2 Beds
2.5 Baths
1,713 Sq Ft
$266/mo HOA Fee

Last Sold August 28, 2013

Last sale price $210,000 $123 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,873/month

36 Days on Market

Highlights

  • Lake Front
  • Spa
  • Gated Community
  • On Golf Course
  • Panoramic View
  • 1-minute walk to Rotary Park

About This Home

As of August 2013

AMAZINE LOCATION AT LAKESIDE PALACE CONDOS. LAKE & MOUNTAIN VIEWS FROM INTERIOR ROOMS&PATIO, MUST SEE TO APPRECIATE ALL IT HAS TO OFFER.TOTAL RECENT REMODEL THRU OUT.NEWER 5 TON A/C,ACROSS FROM MOVIES HAVASU,JUST STEPS TO ROTARY PARK, CITIES BEST RESTAURANTS,WORLD FAMOUS LONDON BRIDGE,THE SHORES OF HAVASU.YOU CAN HAVE IT ALL IN THIS 1700 SQFT,2 CAR GARAGE,FORMAL DIN ROOM, WET BAR, WINE COOLER,TRAVERTINE FIRE PLACE,CUSTOM SHUTTERS,SOLID SURFACE COUNTERS, 2 POOLS,ONLY 46 CONDOS,GATED COMMUITY,BEST OF THE 'BEST'...

Last Agent to Sell the Property

Connie Collette

Teresa Pisacane Micka License #BR102064000 Listed on: 06/23/2013

Last Buyer's Agent

Ed Jacobs

Paradise Sales & Management License #BR037552000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,069

Year Built

  • Built in 1982

Lot Details

  • Lake Front
  • On Golf Course
  • Cul-De-Sac
  • Wrought Iron Fence
  • Stucco Fence
  • Landscaped

HOA Fees

  • $266 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Lake
  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,713 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Two Primary Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • Spa
  • Gunite Pool

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Purifier
  • Water Softener

Community Details

Overview

  • Metro Tax Association
  • Built by HARRAH
  • Lake Havasu City Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,069

Year Built

Built in 1982

Lot Details

0

HOA Fees

$266 per month

Parking

2

Listing Details

  • Directions: ACROSS FROM MOVIES HAVASU, CORNER OF SMOKETREE & SWANSON, CALL FOR GATE CODE CONNIE 928-505-3636
  • New Construction: No
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1982
  • Lot Size: COMMON
  • Subdivision Name: Lake Havasu City
  • Building Name: Lakeside Palace
  • Garage Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Breakfast Bar, Ceiling Fan(s), Kitchen Island, Multiple Master Suites, Solid Surface Counters, Tile Counters
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Softener, Water Purifier, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Breakfast Bar,Ceiling Fan(s),Counters-Solid Surfac
  • Fireplace Features: Wood Burning
  • Flooring: Carpet, Tile
  • Living Area: 1713.0
  • Window Features: Window Coverings
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Landscaping
  • Fencing: Stucco Wall, Wrought Iron
  • Roof: Tile
  • View: Golf Course, Lake, Mountain(s), Panoramic
  • Lot Features: Cul-De-Sac, Lake Front, On Golf Course, Street Level
  • Pool Features: Gunite, Heated, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Builder Name: HARRAH
  • Construction Type: Stucco
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: 110 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Pool
  • Association Fee: 266.0
  • Association Fee Frequency: Monthly
  • Association Name: METRO TAX
  • Association: Yes

Lot Info

  • Zoning Description: R4 Multiple Family Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1069.0
  • Tax Block: N/A
  • Tax Lot: n/a
  • Tax Tract: 2337a

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2013
Closed on
Aug 8, 2013
Sold by
Mcelhinney Melvl and Mcelhinney Rita
Bought by
Mcelhinney Melvl and Mcelhinney Rita E
Seller's Agent
Connie Collette
Teresa Pisacane Micka
Buyer's Agent
Ed Jacobs
Paradise Sales & Management
List Price
$218,000
Sold Price
$210,000
Premium/Discount to List
-$8,000
-3.67%
Current Estimated Value
$465,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,983
Avg. Annual Appreciation
6.77%
Original Mortgage
$168,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2013
Closed on
Jul 10, 2013
Sold by
Klumpp Diane J
Bought by
Mcelhinney Melvl and Mcelhinney Rita
Seller's Agent
Connie Collette
Teresa Pisacane Micka
Buyer's Agent
Ed Jacobs
Paradise Sales & Management
List Price
$218,000
Sold Price
$210,000
Premium/Discount to List
-$8,000
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2005
Sold by
Reynolds Buck and Reynolds Rebecca
Bought by
Klumpp Diane J

Purchase Details

Closed on
Jun 4, 2004
Sold by
Reynolds Rebecca
Bought by
Reynolds Buck and Reynolds Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
7.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 30, 2001
Sold by
Gonzales Albert A and Gonzales Barbara
Bought by
Reynolds Rebecca
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
Mcelhinney Melvl -- Pioneer Title Agency Inc
Mcelhinney Melvl $210,000 Pioneer Title Agency Inc
Klumpp Diane J $355,000 Transnation Title Ins Co
Reynolds Buck -- Chicago Title Ins Co
Reynolds Rebecca $170,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcelhinney Melvl $168,000
Previous Owner Reynolds Buck $242,400
Closed Reynolds Buck $60,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2013 08/28/13 Sold $210,000 -3.7% $123 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
06/23/2013 06/23/13 For Sale $218,000 -- $127 / Sq Ft
Source: Western Arizona REALTOR® Data Exchange (WARDEX)

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 -- -- -- --
2025 $1,724 $35,935 $0 $0
2024 $1,724 $38,959 $0 $0
2023 $1,724 $30,965 $0 $0
2022 $1,649 $27,217 $0 $0
2021 $1,821 $23,787 $0 $0
2019 $1,730 $19,588 $0 $0
2018 $1,672 $19,855 $0 $0
2017 $1,391 $20,436 $0 $0
2016 $1,234 $19,158 $0 $0
2015 $1,202 $15,926 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Connie Collette

    Teresa Pisacane Micka

  • E

    Buyer's Agent in 2013

    Ed Jacobs

    Paradise Sales & Management

    (928) 716-1199

    23 in this area

    23 Total Sales

    Ed Jacobs
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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 879717

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 107-43-025A

Arizona Mohave County Lake Havasu City 86403

1566 Palace Way Unit 25, Lake Havasu City, AZ

This home is located at 1566 Palace Way Unit 25, Lake Havasu City, AZ 86403 since 23 June 2013 and is currently estimated at $465,983, approximately $272 per square foot. This property was built in 1982. 1566 Palace Way Unit 25 is a home located in Mohave County with nearby schools including Smoketree Elementary School, Thunderbolt Middle School, and Lake Havasu High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Western Arizona REALTOR® Data Exchange (WARDEX) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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