NOT LISTED FOR SALE

1566 Palace Way Unit 42 Lake Havasu City, AZ 86403

Estimated Value: $403,347 - $498,000

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

Last Sold February 28, 2017

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

Est. 104% increase in value since last sale

Current estimated payment $2,872/month

73 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Hydromassage or Jetted Bathtub
  • Spa
  • Clubhouse
  • 1-minute walk to Rotary Park

About This Home

As of February 2017

Here is a chance to own a home in one of the most sought after Condominium Complexes in Lake Havasu City, This particular unit is a 2 bed with loft area large enough for two beds and comes with a 12 by 28 foot RV garage in addition to the two car garage attached. Jetted tub in Master. Balcony with gas grill over looks pool area. Complex also has a Rec room with pool for renting.

Last Agent to Sell the Property

Jim Durham

Coldwell Banker Realty License #BR543435000 Listed on: 11/17/2016

Last Buyer's Agent

Frank Terzo

Lake Havasu City Properties License #SA645453000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1983

Lot Details

  • East Facing Home
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $266 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

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

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Spa
  • Gunite Pool

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Water Purifier
  • Water Softener

Community Details

Overview

  • Lakeside Palace Asso Association
  • Lake Havasu City Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,500

Year Built

Built in 1983

Lot Details

0

HOA Fees

$266 per month

Parking

3

Listing Details

  • Directions: Take Hwy 95 North to Smoketree, right towards Rotary Park, turn right on Swanson, left on 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
  • Interior Amenities: Wet Bar, Breakfast Bar, Bathtub, Ceiling Fan(s), Central Vacuum, Dining Area, Jetted Tub, Separate Shower, Tile Counters, Tub Shower, Walk-In Closet(s), Loft
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Softener, Trash Compactor, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Breakfast Bar,Dining-Casual,Ceiling Fan(s),Central
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 1713.0
  • Window Features: Window Coverings
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Hot Tub/Spa, Outdoor Grill
  • Fencing: Block, Wrought Iron
  • Roof: Tile
  • Lot Features: Public/Maintained Road
  • Pool Features: Gunite, Community
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Stucco, Wood Frame
  • Direction Faces: East
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 3.0
  • 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, 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Sidewalks, Pool
  • Association Fee: 266.0
  • Association Fee Frequency: Monthly
  • Association Name: Lakeside Palace Asso
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

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

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1500.0
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Tract: 0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $228,000 -4.2% $133 / Sq Ft
01/29/2017 01/29/17 Pending -- -- --
11/17/2016 11/17/16 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 $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 $1,415 $19,855 $0 $0
2017 $1,391 $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

See All Agents

Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 921596

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 107-43-042A