NOT LISTED FOR SALE

1566 Palace Way Unit 31 Lake Havasu City, AZ 86403

Estimated Value: $469,000 - $521,000

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

Last Sold October 21, 2014

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

Est. 135% increase in value since last sale

Current estimated payment $3,017/month

565 Days on Market

Highlights

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

About This Home

As of October 2014

price just SLASHED TO $ 210,000 FIRM. FABULOUS RARE "FRONT ROW" FACING LAKE &GOLF COURSE.BREATH TAKING LAKE,MOUNTAIN &GOLF COURSE VIEWS FROM INSIDE&FRONT PATIO.INCLUDES DETACHED RV GARAGE approx 29 ft deep -PLUS 2 CAR ATTACHED.3 BDRM+3 BATH, NEWLY REMODELED BATHROOMS,FIREPLACE, FORMAL DINING ROOM,FULLY FURNISHED-TURN KEY.WONDERFUL RESORT RENTAL PROPERTY,2ND OR MAIN RESIDENCE.JUST STEPS TO BEACHES & BRIDGE LAKESIDE OF HWY 95,2 POOLS+SPA,ONLY 46 CONDOS IN COMPLEX-ALSO FOR SALE # 45 $228,00

Last Agent to Sell the Property

Connie Collette

Teresa Pisacane Micka License #BR102064000 Listed on: 03/05/2013

Last Buyer's Agent

Connie Collette

Teresa Pisacane Micka License #BR102064000 Listed on: 03/05/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,336

Year Built

  • Built in 1983

Lot Details

  • On Golf Course
  • Cul-De-Sac
  • West Facing Home
  • Wrought Iron Fence
  • Back and Front Yard Fenced
  • Landscaped
  • Mountainous Lot

HOA Fees

  • $266 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,713 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry in Garage
  • Dryer

Pool

  • Spa
  • Gunite Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater
  • 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

$1,336

Year Built

Built in 1983

Lot Details

0

HOA Fees

$266 per month

Parking

3

Listing Details

  • Directions: HWY 95 TO SMOKETREE TO PALACE WY. - RV garage HOA dues is $25.00 per month.
  • New Construction: No
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1983
  • Lot Size Acres: 0.04
  • Lot Size: COMMON
  • Subdivision Name: Lake Havasu City
  • Architectural Style: Three Story
  • Building Name: Lakeside Palace
  • Garage Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Fireplace: Yes
  • Furnished: Furnished
  • Interior Amenities: Wet Bar, Breakfast Bar, Ceiling Fan(s), Central Vacuum, Furnished, Garden Tub/Roman Tub, Tile Counters, Vaulted Ceiling(s)
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Softener, Water Heater, Water Purifier
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Breakfast Bar,Ceiling Fan(s),Central Vacuum,Counte
  • Fireplace Features: Gas Log, Wood Burning
  • Flooring: Carpet, Tile
  • Living Area: 1713.0
  • Window Features: Window Coverings
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Hot Tub/Spa, Landscaping, Outdoor Grill
  • Fencing: Back Yard, Front Yard, Wrought Iron
  • Roof: Tile
  • View: Golf Course, Lake, Mountain(s), Panoramic
  • Lot Features: Cul-De-Sac, On Golf Course, Street Level
  • Pool Features: Gunite, Heated, Community
  • Topography: Mountainous
  • View: Yes
  • Builder Name: HARRAH
  • Construction Type: Stucco
  • Direction Faces: West
  • Patio And Porch Features: Balcony, Covered, Patio

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Detached, Finished Garage, Storage, 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

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: R3 Limited-Multiple Family Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1335.6
  • Tax Block: n/a
  • Tax Lot: n/a
  • Tax Tract: 2337A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2016
Sold by
Bauer Gayle
Bought by
The Watkins Family Living Trust
Current Estimated Value
$493,070

Purchase Details

Listed on
Mar 5, 2013
Closed on
Sep 23, 2014
Sold by
Connell Robert James
Bought by
Bauer Gayle
Seller's Agent
Connie Collette
Teresa Pisacane Micka
Buyer's Agent
Connie Collette
Teresa Pisacane Micka
List Price
$238,000
Sold Price
$210,000
Premium/Discount to List
-$28,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$157,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2011
Sold by
Collette Connie A
Bought by
Borowsky Terrance

Purchase Details

Closed on
Dec 20, 2002
Sold by
Ryan Arlene G and Evans Judy A
Bought by
Collette Connie A

Purchase Details

Closed on
Jan 24, 2001
Sold by
Davidge Margaret B
Bought by
Ryan Arlene G and Evans Judy A
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
The Watkins Family Living Trust $245,000 Pioneer Title Agency Inc
Bauer Gayle -- Chicago Title Agency Inc
Bauer Gayle $210,000 Chicago Title Agency Inc
Borowsky Terrance $200,000 Chicago Title Insurance Co
Collette Connie A $197,400 Transnation Title Insurance
Ryan Arlene G $167,000 State Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bauer Gayle $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2014 10/21/14 Sold $210,000 -11.8% $123 / Sq Ft
09/21/2014 09/21/14 Pending -- -- --
03/05/2013 03/05/13 For Sale $238,000 -- $139 / 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 $41,828 $0 $0
2024 $1,724 $45,705 $0 $0
2023 $1,724 $36,508 $0 $0
2022 $1,649 $31,626 $0 $0
2021 $1,821 $28,901 $0 $0
2019 $1,730 $24,133 $0 $0
2018 $1,415 $21,840 $0 $0
2017 $1,391 $21,703 $0 $0
2016 $1,234 $19,158 $0 $0
2015 $1,437 $15,926 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Connie Collette

    Teresa Pisacane Micka

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 876029

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 107-43-031A

Arizona Mohave County Lake Havasu City 86403

1566 Palace Way Unit 31, Lake Havasu City, AZ

This home is located at 1566 Palace Way Unit 31, Lake Havasu City, AZ 86403 since 05 March 2013 and is currently estimated at $493,070, approximately $287 per square foot. This property was built in 1983. 1566 Palace Way Unit 31 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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