NOT LISTED FOR SALE

1755 Magnolia Dr Lake Havasu City, AZ 86403

Estimated Value: $526,000 - $683,229

3 Beds
3 Baths
1,766 Sq Ft
$344/Sq Ft Est. Value

Last Sold October 27, 2016

Last sale price $316,000 $179 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,381/month

24 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 4-minute walk to Wbeeler Park
  • Tile Flooring

About This Home

As of October 2016

Great Rental Investment Property. Built in 2004 with Tile roof , central location walk to shopping/city center etc. Coveted area for rental. 4 units total in 2 buildings. Two 1 bdrm units, Two 2 Bdrm units each with 1 car garage. Tile floors & carpeting. Includes: stove/fridge/dishwasher/washer/dryer/water softener & R/O Great rental history. All units occupied.,

Last Agent to Sell the Property

(RoAnne) RO Beets

Selman And Associates License #SA516369000 Listed on: 10/03/2016

Last Buyer's Agent

Aaron Pfeifer

Realty Executives Lake Havasu City License #SA571330000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,727

Year Built

  • Built in 2004

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 99 x135

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for sewer, trash collection, water
  • Legal Lot and Block 35 / 1

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Lake Havasu City Subdivision

Building Details

  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,727

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Directions: On north side of Magnolia off Smoketree
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Year Built: 2004
  • Lot Size: 99 x135
  • Subdivision Name: Lake Havasu City
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Owner Pays: Sewer, Trash Collection, Water
  • Flooring: Carpet, Tile

Exterior Features

  • Roof: Tile
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 110 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s)
  • Association: No

Lot Info

  • Lot Size Sq Ft: 13939.0
  • Zoning Description: R4 Multiple Family Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1727.0
  • Tax Block: 1
  • Tax Lot: 35
  • Tax Tract: 2304

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
Oct 21, 2016
Sold by
Janis John and Miller Teri L
Bought by
Soto Frank
Seller's Agent
(RoAnne) RO Beets
Selman And Associates
Buyer's Agent
Aaron Pfeifer
Realty Executives Lake Havasu City
List Price
$315,000
Sold Price
$316,000
Premium/Discount to List
$1,000
0.32%
Current Estimated Value
$608,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,057
Avg. Annual Appreciation
7.48%

Purchase Details

Closed on
Jun 21, 2004
Sold by
Thomas Jerry D and Thomas Marilyn F
Bought by
Thomas Jerry D and Thomas Marilyn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.29%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 9, 2003
Sold by
Shay Llc
Bought by
Thomas Jerry D and Thomas Marilyn F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Soto Frank $316,000 Stewart Title Arizona Agency
Thomas Jerry D -- First American Title Ins Co
Thomas Jerry D -- First American Title Ins Co
Jerry D & Marilyn F Thomas Revocable Tr -- First American Title Ins Co
Thomas Jerry D $120,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Jerry D $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2016 10/27/16 Sold $316,000 +0.3% $179 / Sq Ft
10/03/2016 10/03/16 For Sale $315,000 -- $178 / 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 $2,107 $72,359 $0 $0
2024 $2,107 $59,277 $0 $0
2023 $2,107 $38,362 $0 $0
2022 $2,016 $34,897 $0 $0
2021 $2,196 $31,190 $0 $0
2019 $2,085 $30,151 $0 $0
2018 $2,013 $27,579 $0 $0
2017 $1,994 $23,919 $0 $0
2016 $1,803 $23,165 $0 $0
2015 $1,727 $18,834 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • (

    Seller's Agent in 2016

    (RoAnne) RO Beets

    Selman And Associates

  • A

    Buyer's Agent in 2016

    Aaron Pfeifer

    Realty Executives Lake Havasu City

See All Agents

Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 919749

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 107-27-035B

Arizona Mohave County Lake Havasu City 86403

1755 Magnolia Dr, Lake Havasu City, AZ

Not Listed for Sale

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.

Nearby Homes