NOT LISTED FOR SALE

1798 Rainbow Ave S Lake Havasu City, AZ 86403

Estimated Value: $630,000 - $741,000

3 Beds
2 Baths
1,803 Sq Ft
$367/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $430,000 $238 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,667/month

325 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • Granite Countertops
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • No HOA

About This Home

As of May 2019

Brand new custom home with large RV garage stone accents, tile floors, granite counters. Great location and much more.

Last Agent to Sell the Property

Team Somers

Red Sign Realty License #CO583686000 Listed on: 05/25/2018

Co-Listed By

Wayne Somers

Red Sign Realty License #BR100929000

Last Buyer's Agent

Michelle Morgan

Platinum Select Properties License #BR570682000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $544

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x120
  • Level Lot
  • Property is zoned L-R-1 Single-Family Residential

Parking

  • 3 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 1,803 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • 101 to 200 Amp Service
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Built by River Ridge Builders INC.
  • Lake Havasu City Subdivision

Listing and Financial Details

  • Tax Block 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$544

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • FILLACRES: 0.22
  • ApxLotDim: 80x120
  • Directions: Avalon to S. Rainbow
  • Listing Member Name: Team Somers
  • Listing Office Short Id: 14301006110
  • List Type: Exclusive Right To Sell
  • Lot Sq Ft: 9583.00
  • Open House Office I D: 20171212181804885826000000
  • Prop. Type: Residential
  • Selling Member Short Id: mmorgan
  • Selling Office Short Id: 143011440
  • OFFICELIST_STATE: AZ
  • Year Built: 2018
  • MasterBRBA: 1 Master Suite, Dual Sinks
  • OCCUPANCY: Vacant
  • Property Sub Type: Single Family Residence
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Three Quarter Bathrooms: 1
  • Appliances Equipment: Dishwasher, Disposal, Electric Range, Water Heater-Elec
  • Estimated Living Sq Ft: 1803.00
  • Lower Floor 1 Bedrooms: 3
  • Legal Description: LOT 28 BLOCK 2 TRACT 131 LAKE HAVASU CITY
  • Limited Service: No
  • Interior Flooring: Carpet, Tile
  • Split Bedroom: Yes
  • Total Bathrooms: 2.00
  • Interior Amenities: Casual Dining, Ceiling Fan(s), Counters-Granite/Stone, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • New Construction: Yes

Exterior Features

  • Builder Name: River Ridge Builders INC.
  • Exterior Construction: Stucco, Wood Frame
  • Exterior Features: Patio Covered
  • Fencing: None
  • Lot: 28
  • Pool: No
  • Street: Rainbow
  • Roof: Rolled/Hot Mop, Tile

Garage/Parking

  • ApxGarageDepth: 51-60
  • Garage Spaces: 3
  • Garage/Parking: Door - 13 Ft Height
  • GarageSpaces10X20: 4
  • SideParking: No

Utilities

  • Cooling: Electric, Ground Mount Unit(s)
  • Heating: Ground Mount Unit(s), Heat Pump
  • Sewer: Public Sewer
  • Utilities: 200 Amp Panel
  • Hot Water: City

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 544.00

Lot Info

  • Lot Description: Level to Street
  • Zoning: L-R-1 Single-Family Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
May 7, 2019
Sold by
Navarro Family Trust
Bought by
Palmer Dennis L and Palmer Randy K
Seller's Agent
Team Somers
Red Sign Realty
Buyer's Agent
Michelle Morgan
Platinum Select Properties
List Price
$439,900
Sold Price
$430,000
Premium/Discount to List
-$9,900
-2.25%
Current Estimated Value
$661,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,831
Avg. Annual Appreciation
7.40%
Original Mortgage
$344,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2017
Closed on
Sep 22, 2017
Sold by
Lubow Ray N and Lubow Maxine W
Bought by
Navarro Eduardo and Navarro Maria Consuelo
Seller's Agent
Kimberly Ewald
Realty ONE Group Mountain Desert
Buyer's Agent
Wayne Somers
Red Sign Realty
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
193.87%
Source: Public Records

Range of Values:

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Average Value
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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
Palmer Dennis L $430,000 Premier Title Agency
Navarro Eduardo $75,000 Premier Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Dennis L $348,000
Closed Palmer Dennis L $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2019 05/13/19 Sold $430,000 -2.3% $238 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
05/25/2018 05/25/18 For Sale $439,900 +486.5% $244 / Sq Ft
09/28/2017 09/28/17 Sold $75,000 -6.1% --
08/29/2017 08/29/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $79,900 -- --
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 -- -- -- --
2025 $2,064 $52,339 $0 $0
2024 $2,064 $56,267 $0 $0
2023 $2,064 $50,252 $0 $0
2022 $1,988 $38,598 $0 $0
2021 $2,210 $34,715 $0 $0
2019 $564 $7,678 $0 $0
2018 $548 $6,819 $0 $0
2017 $544 $6,779 $0 $0
2016 $502 $5,534 $0 $0
2015 $509 $4,671 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Team Somers

    Red Sign Realty

    (888) 337-3385

    55 in this area

    59 Total Sales

    Team Somers
    Section Image

  • W

    Seller Co-Listing Agent in 2019

    Wayne Somers

    Red Sign Realty

    (888) 337-3385

    31 in this area

    36 Total Sales

    Wayne Somers
    Section Image

  • M

    Buyer's Agent in 2019

    Michelle Morgan

    Platinum Select Properties

    97 in this area

    118 Total Sales

    Michelle Morgan
    Section Image

  • K

    Seller's Agent in 2017

    Kimberly Ewald

    Realty ONE Group Mountain Desert

See All Agents

Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 1001677

Lake Havasu Association of REALTORS®

APN: 106-07-044

Arizona Mohave County Lake Havasu City 86403

1798 Rainbow Ave S, Lake Havasu City, AZ

This home is located at 1798 Rainbow Ave S, Lake Havasu City, AZ 86403 since 25 May 2018 and is currently estimated at $661,831, approximately $367 per square foot. This property was built in 2018. 1798 Rainbow Ave S is a home located in Mohave County with nearby schools including Smoketree Elementary School, Thunderbolt Middle School, and Lake Havasu High School.

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.

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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