NOT LISTED FOR SALE

1661 Magnolia Dr Unit 1 Lake Havasu City, AZ 86403

Estimated Value: $267,000 - $284,682

2 Beds
1.5 Baths
1,362 Sq Ft
$235/mo HOA Fee

Last Sold August 31, 2015

Last sale price $105,100 $77 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $1,755/month

107 Days on Market

Highlights

  • Spa
  • Corner Lot
  • Subterranean Parking
  • Lake View
  • Balcony
  • Bathtub with Shower

About This Home

As of August 2015

Live the Havasu good life in this fantastic Central Location 2 bed/2 bath condo. Upper balcony through sliding glass door offers beautiful up-close lake views. Inspiring mountain views. Only a short walking-distance to the world famous London Bridge. This End Unit has a unique floor plan. Kitchen has a window over the sink, attractive wood cabinetry, dining table area, pantry, dishwasher, and disposal. Large living room with niche. Fantastic sunsets and views. Main bathroom offers a separate shower and tub. Plenty of closet space. Laundry room with doors and window. Your very own personal two-car garage (2 doors) fits a boat. Community pool & spa. Welcome guests at your personal front door with welcome mat. Walking-distance to restaurants, groceries, shopping, banking, library, hair salon, Post Office, lots more. Low, low asking price for this great find in Havasu! Association will be updating exterior of complex. Furnishings available out side of escrow.

Last Agent to Sell the Property

Dwayne Patterson

RE/MAX Prestige Properties License #BR541737000 Listed on: 04/16/2015

RE/MAX Prestige Properties

Last Buyer's Agent

Frank Novosel

Re/Max By The Lake License #BR556538000

Re/Max By The Lake

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $717

Year Built

  • Built in 1979

Lot Details

  • Southeast Facing Home
  • Landscaped
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener

Property Views

  • Lake
  • Mountain

Home Design

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

Interior Spaces

  • 1,362 Sq Ft Home
  • Window Treatments

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Pool

  • Spa
  • Gunite Pool

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 43 / 1

Community Details

Overview

  • Village Manor Association
  • Built by McKay
  • Lake Havasu City Subdivision

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$717

Year Built

Built in 1979

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Directions: SR-95 to Swanson Ave one block uphill, right turn on Magnolia. Corner unit.
  • New Construction: No
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1979
  • Lot Size: Common
  • Subdivision Name: Lake Havasu City
  • Building Name: Village Manor Condominiums
  • Garage Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bathtub, Laminate Counters, Pantry, Separate Shower, Tub Shower, Upper Level Master
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Counters-Laminate,Pantry,Window Coverings
  • Flooring: Carpet, Vinyl
  • Living Area: 1362.0
  • Window Features: Window Coverings
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Sprinkler/Irrigation, Landscaping
  • Fencing: None
  • Home Warranty: Yes
  • Roof: Shingle
  • View: Lake, Mountain(s)
  • Lot Features: Corner Lot, Irregular Lot, Street Level
  • Pool Features: Gunite, Community
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Builder Name: McKay
  • Construction Type: Brick, Stucco, Wood Frame
  • Direction Faces: Southeast
  • Patio And Porch Features: Balcony

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Curbs, Gutter(s), Pool
  • Association Fee: 235.0
  • Association Fee Frequency: Monthly
  • Association Name: Village Manor
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 2614.0
  • Zoning Description: R4 Multiple Family Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 717.0
  • Tax Block: 1
  • Tax Lot: 43
  • Tax Tract: 2304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2015
Closed on
Aug 5, 2015
Sold by
Cano Randy A
Bought by
Hoogendoorn Denise Lynn and Hoogendoorn Denise L
Seller's Agent
Dwayne Patterson
RE/MAX Prestige Properties
Buyer's Agent
Frank Novosel
Re/Max By The Lake
List Price
$97,000
Sold Price
$105,100
Premium/Discount to List
$8,100
8.35%
Current Estimated Value
$276,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,571
Avg. Annual Appreciation
9.92%
Original Mortgage
$78,825
Outstanding Balance
$65,373
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$211,298

Purchase Details

Closed on
Sep 11, 2002
Sold by
Roney Ralph and Roney Kay
Bought by
Cano Randy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
6.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hoogendoorn Denise Lynn $105,100 Stewart Title & Trust Phoeni
Cano Randy A $82,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoogendoorn Denise Lynn $78,825
Previous Owner Cano Randy A $73,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $105,100 +8.4% $77 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $97,000 -- $71 / 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 $744 $25,241 $0 $0
2024 $744 $27,533 $0 $0
2023 $744 $21,402 $0 $0
2022 $712 $16,225 $0 $0
2021 $862 $14,578 $0 $0
2019 $823 $9,679 $0 $0
2018 $798 $8,987 $0 $0
2017 $791 $6,600 $0 $0
2016 $723 $8,027 $0 $0
2015 $696 $6,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 901768

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 107-27-043A