NOT LISTED FOR SALE

1566 Palace Way Unit 40 Lake Havasu City, AZ 86403

Estimated Value: $415,661 - $459,000

3 Beds
3 Baths
1,713 Sq Ft
$261/mo HOA Fee

Last Sold April 24, 2018

Last sale price $228,000 $133 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,729/month

76 Days on Market

Highlights

  • Gunite Pool
  • Two Primary Bathrooms
  • Mountain View
  • Gated Community
  • Open Floorplan
  • 1-minute walk to Rotary Park

About This Home

As of April 2018

LOVELY MOVE IN READY 3 BDRM 3 BATH 1,700 sq ft CONDO SUITE, IN GATED COMMUNITY - 2 car garage - FACING GREEN BELT AREA & POOL. WALKING TO THE LAKE, WATERS EDGE & cities best restaurants all within a few steps -ALL APPLIANCES INCL AND SOME FURNITURE. FIRE PLACE -All WELL CARED FOR CONDITION. WONDERFUL PRIMARY OR 2ND HOME SORRY CAN NOT CLOSE SALE BEFORE JUNE 2018. note: Newer 2014 air conditioner - Spacious condo is on 3 levels with 2 stair cases.- call agent Connie Collette, for private showing- 928-706-0078 - bus 928-505-3636

Last Agent to Sell the Property

Connie Collette

Teresa Pisacane Micka License #BR102064000 Listed on: 01/08/2018

Last Buyer's Agent

A Nonmem

Lake Havasu Non-Member License #5555

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,391

Year Built

  • Built in 1983

Lot Details

  • Cul-De-Sac
  • East Facing Home
  • Wrought Iron Fence
  • Stucco Fence

HOA Fees

  • $261 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

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

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Two Primary Bathrooms
  • 3 Full Bathrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Gunite Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Underground Utilities
  • Water Heater
  • Water Purifier
  • Water Softener

Community Details

Overview

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

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,391

Year Built

Built in 1983

Lot Details

0

HOA Fees

$261 per month

Parking

2

Listing Details

  • Directions: ACROSS FROM MOVIES HAVASU, GATED COMMUNITY.
  • New Construction: No
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1983
  • 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
  • Interior Amenities: Wet Bar, Breakfast Bar, Bathtub, Ceiling Fan(s), Central Vacuum, Dining Area, Dual Sinks, Jetted Tub, Main Level Master, Multiple Master Suites, Open Floorplan, Separate Shower, Tile Counters, Tub Shower, Upper Level Master
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Breakfast Bar,Dining-Casual,Ceiling Fan(s),Central
  • Fireplace Features: Wood Burning
  • Flooring: Carpet, Tile
  • Living Area: 1713.0
  • Window Features: Window Coverings
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Hot Tub/Spa
  • Fencing: Stucco Wall, Wrought Iron
  • Home Warranty: No
  • Roof: Other, Tile
  • View: Mountain(s)
  • Lot Features: Cul-De-Sac, Street Level
  • Pool Features: Gunite, Heated, Community
  • View: Yes
  • Builder Name: HARRAH
  • Construction Type: Stucco
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Covered, Patio

Garage/Parking

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

Utilities

  • Utilities: Underground Utilities
  • Laundry Features: Inside
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: 110 Volts, 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Pool
  • Association Fee: 261.0
  • 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: 2017
  • Tax Annual Amount: 1391.0
  • Tax Block: N/A
  • Tax Lot: N/A
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2018
Closed on
Apr 16, 2018
Sold by
Flanagan Lawrence P and Flanagan Pauline J
Bought by
Johnston Thomas L and Johnston Mari J
Seller's Agent
Connie Collette
Teresa Pisacane Micka
Buyer's Agent
A Nonmem
Lake Havasu Non-Member
List Price
$239,900
Sold Price
$228,000
Premium/Discount to List
-$11,900
-4.96%
Current Estimated Value
$443,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,165
Avg. Annual Appreciation
9.27%
Original Mortgage
$182,400
Outstanding Balance
$156,934
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$286,231

Purchase Details

Closed on
May 11, 2000
Sold by
Tradex International Travel Ltd
Bought by
Flanagan Lawrence P and Flanagan Pauline J
Source: Public Records

Range of Values:

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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
Johnston Thomas L $228,000 Pioneer Title Agency Inc
Flanagan Lawrence P $169,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Thomas L $182,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2018 04/24/18 Sold $228,000 -5.0% $133 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $239,900 -- $140 / 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 2018

    Connie Collette

    Teresa Pisacane Micka

  • A

    Buyer's Agent in 2018

    A Nonmem

    Lake Havasu Non-Member

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 936375

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 107-43-040A

Arizona Mohave County Lake Havasu City 86403

1566 Palace Way Unit 40, Lake Havasu City, AZ

This home is located at 1566 Palace Way Unit 40, Lake Havasu City, AZ 86403 since 08 January 2018 and is currently estimated at $443,165, approximately $258 per square foot. This property was built in 1983. 1566 Palace Way Unit 40 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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