NOT LISTED FOR SALE

1640 Ravello Ln Lake Havasu City, AZ 86406

Estimated Value: $551,000 - $648,000

0.55 Acre
$1,111,527 Price per Acre
23,958 Sq Ft Lot

Last Sold September 30, 2019

Last sale price $57,000

Est. 966% increase in value since last sale

Current estimated payment $3,270/month

288 Days on Market

About This Lot

As of September 2019

Great southside location on a quiet cul de sac, lot opens up with great frontage for your home!

Last Agent to Sell the Property

Erika McPherson

Keller Williams Arizona Living Realty License #BR655956000 Listed on: 11/19/2018

Keller Williams Arizona Living Realty

Last Buyer's Agent

Erika McPherson

Lake Havasu City Properties License #BR655956000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $725

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 22.10x147.27x165.63x160.86x183.68x106.34x147.46
  • Flag Lot
  • Property is zoned L-R-1 Single-Family Residential

Utilities

  • Public Septic

Community Details

  • No Home Owners Association
  • Lake Havasu City Subdivision

Listing and Financial Details

  • Tax Block 10

Property Details

Property Type

Land

Est. Annual Taxes

$725

Lot Details

0

Listing Details

  • FILLACRES: 0.55
  • ApxLotDim: 22.10x147.27x165.63x160.86x183.68x106.34x147.46
  • Directions: McCulloch Blvd to Ravello Dr to Ravello Ln
  • Listing Member Name: Erika McPherson
  • List Price per Acre: 108909.09
  • List Type: Exclusive Right To Sell
  • Lot Sq Ft: 23958.00
  • Prop. Type: Lots And Land
  • Selling Member Short Id: emcpherso
  • OFFICELIST_STATE: AZ
  • Road Access Maint: Access-Paved Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Legal Description: LOT 45 BLOCK 10 TRACT 2218 LAKE HAVASU CITY
  • Limited Service: No

Exterior Features

  • Lot: 45
  • Street: Ravello

Utilities

  • Sewer: City
  • Utilities: Electricity Available
  • Hot Water: City

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 725.00

Lot Info

  • Lot Description: Flag
  • Lot Type: Single Family
  • Zoning: L-R-1 Single-Family Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2020
Sold by
Colella Lawrence Frank and Colella Kristie Kae
Bought by
Colella Lawrence Frank and Colella Kristie Kae
Current Estimated Value
$607,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,000
Outstanding Balance
$327,403
Interest Rate
3.2%
Mortgage Type
Construction
Estimated Equity
$283,937

Purchase Details

Listed on
Nov 19, 2018
Closed on
Sep 23, 2019
Sold by
Portz John J and Portz Katherine M
Bought by
Colella Lawrence Frank and Colella Kristie Kae
Seller's Agent
Erika McPherson
Keller Williams Arizona Living Realty
Buyer's Agent
Erika McPherson
Keller Williams Arizona Living Realty
List Price
$74,900
Sold Price
$57,000
Premium/Discount to List
-$17,900
-23.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.73%

Purchase Details

Closed on
Nov 10, 2015
Sold by
Mcnulty Terence and Mcnulty Rosemary Carolyn
Bought by
The Portz Family Trust

Purchase Details

Closed on
Sep 12, 2002
Sold by
Paquette Linda L
Bought by
Mcnulty Terence and Mcnulty Rosemary Carolyn
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Colella Lawrence Frank -- Premier Title Agency
Colella Lawrence Frank $57,000 Pioneer Title Agency Inc
The Portz Family Trust $13,000 Pioneer Title Agency Inc
Mcnulty Terence $23,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colella Lawrence Frank $367,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $57,000 -23.9% --
09/03/2019 09/03/19 Pending -- -- --
11/19/2018 11/19/18 For Sale $74,900 -- --
Source: Lake Havasu Association of REALTORS®

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 $874 -- -- --
2025 $484 $48,959 $0 $0
2024 $484 $53,088 $0 $0
2023 $484 $9,505 $0 $0
2022 $463 $6,342 $0 $0
2021 $742 $6,904 $0 $0
2019 $717 $4,727 $0 $0
2018 $722 $4,727 $0 $0
2017 $725 $10,855 $0 $0
2016 $678 $4,366 $0 $0
2015 $706 $4,657 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Erika McPherson

    Keller Williams Arizona Living Realty

    (928) 486-8960

    76 in this area

    79 Total Sales

    Erika McPherson
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Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 1004008

Lake Havasu Association of REALTORS®

APN: 111-20-239

Arizona Mohave County Lake Havasu City 86406

1640 Ravello Ln, Lake Havasu City, AZ

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Lake Havasu Association of REALTORS® 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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