NOT LISTED FOR SALE

1860 Magnolia Dr Lake Havasu City, AZ 86403

Estimated Value: $481,000 - $913,000

4 Beds
4 Baths
1,911 Sq Ft
$362/Sq Ft Est. Value

Last Sold September 01, 2015

Last sale price $385,000 $201 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,736/month

38 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • North Facing Home
  • Tile Flooring

About This Home

As of September 2015

4 Units close to town. Walk to events, grocery, library and lake. Nice open plan with vaulted ceiling in main living area. 2 car garage and 18" tiles throughout except bedrooms. Tile counters, refrigerators with ice makers and the cabinets in the garage remain. There is extra parking too. Two bedroom - two bath units with great long term tenants. Impeccably maintained by original owner.,

Last Agent to Sell the Property

Judy Roe

LH Keller Williams Arizona Living Realty License #SA0457170 Listed on: 06/25/2015

Last Buyer's Agent

Randy Shuffler

Realty ONE Group Mountain Desert License #SA535036000

Realty ONE Group Mountain Desert

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,921

Year Built

  • Built in 2006

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 110x125
  • North Facing Home

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for sewer, trash collection, water
  • Legal Lot and Block 7 / 3

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Built by Esmay Const
  • Lake Havasu City Subdivision

Building Details

  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,921

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: Smoketree Ave to Magnolia Dr. Turn west and the units are on the left.
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Year Built: 2006
  • Lot Size: 110x125
  • Subdivision Name: Lake Havasu City
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Tile
  • Pool Features: None
  • Pool Private: No
  • Builder Name: Esmay Const
  • Construction Type: Stucco, Wood Frame
  • Direction Faces: North

Garage/Parking

  • Parking Features: Attached

Utilities

  • Utilities: Electricity Available
  • Cooling: Heat Pump, Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump, Central, Electric
  • Heating Yn: Yes
  • Electric: 110 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • 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: 2014
  • Tax Annual Amount: 1921.0
  • Tax Block: 3
  • Tax Lot: 7
  • 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

Closed on
Jul 23, 2021
Sold by
Martin Dana Adam and Martin Susan Elizabeth
Bought by
Martin Dana Adam and Martin Susan Elizabeth
Current Estimated Value
$691,022

Purchase Details

Closed on
Feb 1, 2021
Sold by
Martin Dana Adam and Martin Susan Elizabeth
Bought by
Martin Dana Adam and Martin Susan Elizabeth

Purchase Details

Closed on
Nov 5, 2020
Sold by
Martin Dana A and Martin Susan E
Bought by
Martin Dana A and Martin Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Outstanding Balance
$287,940
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$403,082

Purchase Details

Listed on
Jun 25, 2015
Closed on
Oct 2, 2015
Sold by
Martin Dana A and Martin Susan E
Bought by
The Dana A & Susan E Martin Family Trust
Seller's Agent
Judy Roe
LH Keller Williams Arizona Living Realty
Buyer's Agent
Randy Shuffler
Realty ONE Group Mountain Desert
List Price
$419,000
Sold Price
$385,000
Premium/Discount to List
-$34,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$288,750
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2015
Closed on
Aug 21, 2015
Sold by
Thomas Apartment Llc
Bought by
Martin Dana A and Martin Susan E
Seller's Agent
Judy Roe
LH Keller Williams Arizona Living Realty
Buyer's Agent
Randy Shuffler
Realty ONE Group Mountain Desert
List Price
$419,000
Sold Price
$385,000
Premium/Discount to List
-$34,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2015
Closed on
Aug 20, 2015
Sold by
Thomas Jerry D and Thomas Marilyn F
Bought by
Thomas Apartments Llc
Seller's Agent
Judy Roe
LH Keller Williams Arizona Living Realty
Buyer's Agent
Randy Shuffler
Realty ONE Group Mountain Desert
List Price
$419,000
Sold Price
$385,000
Premium/Discount to List
-$34,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2008
Sold by
Thomas Jerry D and Thomas Marilyn F
Bought by
Thomas Apartments Llc

Purchase Details

Closed on
Jul 13, 2005
Sold by
Moos Dave and Moos Mary
Bought by
Thomas Jerry D and Thomas Marilyn F

Purchase Details

Closed on
May 6, 2003
Sold by
Mcdonald Harrison and Mcdonald Linda
Bought by
Moos Dave and Moos Mary

Purchase Details

Closed on
Aug 14, 2001
Sold by
Ellis Lyle L and Ellis Constance J
Bought by
Mcdonald Harrison and Mcdonald Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
6.87%
Mortgage Type
Seller Take Back
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
Martin Dana Adam -- None Available
Martin Dana Adam -- None Available
Martin Dana A -- Premier Title Agency
The Dana A & Susan E Martin Family Trust -- None Available
Martin Dana A $385,000 Pioneer Title Agency Inc
Thomas Apartments Llc -- Pioneer Title Agency Inc
Thomas Apartments Llc -- First American Title Ins Co
Thomas Jerry D $160,000 Chicago Title Insurance Co
Moos Dave -- First American Title Ins Co
Mcdonald Harrison $19,000 State Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Dana A $323,000
Closed Martin Dana A $288,750
Previous Owner Mcdonald Harrison $16,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2015 09/01/15 Sold $385,000 -8.1% $201 / Sq Ft
08/02/2015 08/02/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $419,000 -- $219 / 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 $1,125 -- -- --
2025 $2,280 $78,300 $0 $0
2024 $2,280 $64,144 $0 $0
2023 $2,280 $41,512 $0 $0
2022 $2,182 $37,763 $0 $0
2021 $2,365 $33,751 $0 $0
2019 $2,245 $32,415 $0 $0
2018 $2,168 $29,843 $0 $0
2017 $1,796 $25,821 $0 $0
2016 $1,588 $25,067 $0 $0
2015 $1,857 $20,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Judy Roe

    LH Keller Williams Arizona Living Realty

  • Randy Shuffler

    Buyer's Agent in 2015

    Randy Shuffler

    Realty ONE Group Mountain Desert

    (928) 680-7350

    83 in this area

    114 Total Sales

    Randy Shuffler
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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 904157

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 107-27-058

Arizona Mohave County Lake Havasu City 86403

1860 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.

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