NOT LISTED FOR SALE

1566 Palace Way Unit 38 Lake Havasu City, AZ 86403

Estimated Value: $413,340 - $507,000

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

Last Sold March 25, 2015

Last sale price $200,000 $117 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,757/month

167 Days on Market

Highlights

  • Gunite Pool
  • Mountain View
  • Furnished
  • Gated Community
  • Hydromassage or Jetted Bathtub
  • 1-minute walk to Rotary Park

About This Home

As of March 2015

Beautiful end unit townhome located in desirable gated community just steps away from lake, golf and the Bridge. Fully furnished from cooking and eating utensils to WaveRunner and brand new paddle board. Second, detached garage for boat or RV storage. Balcony looks out over lush green landscaping. (Silk plants are for staging purposes - NOT INCLUDED)

Last Agent to Sell the Property

Kathy Gamble

Century 21 Americana License #BR0041216000 Listed on: 09/09/2014

Last Buyer's Agent

Connie Collette

Teresa Pisacane Micka License #BR102064000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,137

Year Built

  • Built in 1983

Lot Details

  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $266 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,713 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Window Treatments
  • Dining Area
  • Mountain Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Gunite Pool
  • Spa

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Water Heater

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

$1,137

Year Built

Built in 1983

Lot Details

0

HOA Fees

$266 per month

Parking

2

Listing Details

  • Directions: Highway 95 to Smoketree to Palace Way.
  • 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
  • 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, Dining Area, Dual Sinks, Furnished, Jetted Tub, Tile Counters
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Trash Compactor, Water Heater, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Breakfast Bar,Dining-Casual,Ceiling Fan(s),Central
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile
  • Living Area: 1713.0
  • Window Features: Window Coverings
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony
  • Fencing: Block, Wrought Iron
  • Roof: Tile
  • View: Mountain(s)
  • Lot Features: Street Level
  • Pool Features: Gunite, Heated, Community
  • View: Yes
  • Builder Name: HARRAH
  • Construction Type: Brick, Stucco, Wood Frame
  • Patio And Porch Features: Balcony

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Available
  • Laundry Features: Electric Dryer Hookup, Inside
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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

  • Lot Size Sq Ft: 1742.0
  • Zoning Description: R3 Limited-Multiple Family Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1137.0
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Tract: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Hamilton William E
Bought by
Rickon Robert J
Current Estimated Value
$462,085

Purchase Details

Closed on
Mar 25, 2021
Sold by
Withall Albert E and Withall Shelly M
Bought by
Hamilton William E

Purchase Details

Listed on
Sep 9, 2014
Closed on
Mar 25, 2015
Sold by
Withall Albert E and Withall Shelly M
Bought by
Withall Albert E and Withall Shelly M
Seller's Agent
Kathy Gamble
Century 21 Americana
Buyer's Agent
Connie Collette
Teresa Pisacane Micka
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$150,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2014
Closed on
Mar 14, 2015
Sold by
Owen Daniel R and Manor Owen Ann M
Bought by
Withall Albert E and Withall Shelly M
Seller's Agent
Kathy Gamble
Century 21 Americana
Buyer's Agent
Connie Collette
Teresa Pisacane Micka
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2012
Sold by
Manor Donald L and Manor Linda C
Bought by
Owen Daniel R and Manor Owen Ann M

Purchase Details

Closed on
Nov 10, 2005
Sold by
Xochicaloc Inc
Bought by
Manor Donald L and Manor Linda C
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
Rickon Robert J $360,000 Premier Title Agency
Hamilton William E $339,900 Premier Title Agency
Withall Albert E -- None Available
Withall Albert E $200,000 Chicago Title Agency Inc
Owen Daniel R -- None Available
Manor Donald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Withall Albert E $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2015 03/25/15 Sold $200,000 -9.1% $117 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
09/09/2014 09/09/14 For Sale $220,000 -- $128 / 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 $803 -- -- --
2025 $1,628 $35,935 $0 $0
2024 $1,628 $38,959 $0 $0
2023 $1,628 $30,965 $0 $0
2022 $1,649 $27,217 $0 $0
2021 $1,538 $23,787 $0 $0
2019 $1,463 $19,588 $0 $0
2018 $1,672 $19,855 $0 $0
2017 $1,656 $20,436 $0 $0
2016 $1,500 $19,158 $0 $0
2015 $1,437 $15,926 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kathy Gamble

    Century 21 Americana

  • C

    Buyer's Agent in 2015

    Connie Collette

    Teresa Pisacane Micka

See All Agents

Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 894226

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 107-43-038A

Arizona Mohave County Lake Havasu City 86403

1566 Palace Way Unit 38, Lake Havasu City, AZ

This home is located at 1566 Palace Way Unit 38, Lake Havasu City, AZ 86403 since 09 September 2014 and is currently estimated at $462,085, approximately $269 per square foot. This property was built in 1983. 1566 Palace Way Unit 38 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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