NOT LISTED FOR SALE

1661 Magnolia Dr Unit 3 Lake Havasu City, AZ 86403

Estimated Value: $299,400 - $355,000

2 Beds
3 Baths
1,757 Sq Ft
$191/Sq Ft Est. Value

Last Sold February 09, 2015

Last sale price $75,000 $43 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $1,844/month

About This Home

As of February 2017

THIS IS A RECENTLY UPDATED A VERY NICELY APPOINTED TOWN HOME RIGHT IN THE CENTER OF TOWN, WALK TO THE LAKE, SHOPPING AND DINING. THIS PLACE HAS IT ALL. POOL, 2 CAR GARAGE, NEW APPLIANCES, PAINT AND CARPET. OWNER WANTS A ONE YEAR LEASE, $995.00 PER MONTH AND $1000 SECURITY DEPOSIT. WATER,TRASH AND SEWER ARE INCLUDED.,

Last Agent to Rent the Property

Phil Annett

Annett & Associates License #BR111594000 Listed on: 02/07/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $926

Year Built

  • 1979

Lot Details

  • 2,614

Interior Spaces

  • 1,757 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Property Available on 2/13/17

Community Details

Overview

  • Property has a Home Owners Association
  • Lake Havasu City Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$926

Year Built

1979

Lot Details

0

Rental Info

  • Available Date: 2017-02-13

Listing Details

  • Directions: LAKE HAVASU AVE TO SWANSON TO MAGNOLIA.SWANSON
  • New Construction: No
  • Prop. Type: Residential Lease
  • Subdivision Name: Lake Havasu City
  • Building Name: Magnolia
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built (Public Record): 1979

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 2
  • Living Area: 1757.0

Exterior Features

  • Pool Features: Community

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Shevette Michael Edward and Shevette Julie Machelle
Bought by
Shevette Family Trust and Shevette
Current Estimated Value
$335,350

Purchase Details

Closed on
May 1, 2019
Sold by
Derosby Shannon M
Bought by
Shevette Michael Edward and Shevette Julie Machelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2019
Sold by
Rawley Marcus
Bought by
Dcrosby Shannon M

Purchase Details

Closed on
Nov 7, 2018
Sold by
Derosby Shannon M
Bought by
Derosby Shannon M and Rowley Marcus

Purchase Details

Closed on
Jun 11, 2018
Sold by
Ddd Venture Iii Llc
Bought by
Derosby Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2014
Closed on
Feb 2, 2015
Sold by
Bank Of America Na
Bought by
Ddd Venture Iii Llc
Seller's Agent
Julie Bruckner
Havapad Realty Group
Buyer's Agent
Phil Annett
Annett & Associates
List Price
$100,000
Sold Price
$75,000
Premium/Discount to List
-$25,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.89%

Purchase Details

Closed on
Jul 3, 2014
Sold by
Mccay Bruce E and Mccay Mary Carley
Bought by
Bank Of America Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shevette Family Trust -- None Listed On Document
Shevette Michael Edward $195,000 Pioneer Title Agency Inc
Dcrosby Shannon M -- None Available
Derosby Shannon M -- None Available
Derosby Shannon M $152,500 Pioneer Title Agency Inc
Ddd Venture Iii Llc $75,000 Great American Title Agency
Bank Of America Na $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shevette Michael Edward $175,500
Previous Owner Derosby Shannon M $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2017 02/07/17 Rented -- -- --
02/07/2017 02/07/17 For Rent $995 0.0% --
10/15/2016 10/15/16 Rented -- -- --
10/15/2016 10/15/16 For Rent $995 0.0% --
02/09/2015 02/09/15 Sold $75,000 -25.0% $44 / Sq Ft View Prior Sale
01/10/2015 01/10/15 Pending -- -- --
08/01/2014 08/01/14 For Sale $100,000 -- $59 / 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 $926 -- -- --
2025 $938 $29,561 $0 $0
2024 $938 $32,369 $0 $0
2023 $938 $25,709 $0 $0
2022 $898 $19,901 $0 $0
2021 $1,053 $17,881 $0 $0
2019 $1,003 $12,030 $0 $0
2018 $832 $11,235 $0 $0
2017 $963 $8,321 $0 $0
2016 $883 $10,358 $0 $0
2015 $849 $8,613 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 924218

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 107-27-043C