NOT LISTED FOR SALE

1870 Magnolia Dr Lake Havasu City, AZ 86403

Estimated Value: $501,000 - $813,000

-- Bed
3 Baths
4,168 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $675,000 $162 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,900/month

3 Days on Market

About This Home

As of October 2021

INCREDIBLE INVESTOR OPPORTUNITY!! Rare 6-plex in a beautiful, well kept pocket of town. The complex is comprised of 6 one bedroom, one bath units. Each has a reserved covered parking place. Also, each unit has a private gated patio for some outdoor living space. All of the units open to a charming shared courtyard. The maintenance on the property is impeccable.

Last Agent to Sell the Property

Janecek & Gedalje Group

Keller Williams Arizona Living Realty Listed on: 09/24/2021

Last Buyer's Agent

Janecek & Gedalje Group

Keller Williams Arizona Living Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,507

Year Built

  • Built in 1995

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 124x107

Home Design

  • 4,168 Sq Ft Home
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Utilities

  • Central Heating and Cooling System
  • 101 to 200 Amp Service
  • Public Septic

Community Details

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

Listing and Financial Details

  • Tax Block 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,507

Year Built

Built in 1995

Lot Details

0

Listing Details

  • FILLACRES: 0.31
  • ApxLotDim: 124x107
  • Directions: Smoketree to Magnolia
  • Listing Member Name: Janecek & Gedalje Group
  • List Type: Exclusive Right To Sell
  • Lot Sq Ft: 13329.00
  • Prop. Type: Multi-Family
  • Selling Member Short Id: jfteam
  • OFFICELIST_STATE: AZ
  • Year Built: 1995
  • Estimated Total Sq Ft: 4168.00
  • Multi Type: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LOT 8 BLOCK 3 TRACT 2304 LAKE HAVASU CITY
  • Limited Service: No
  • New Construction: No

Exterior Features

  • Builder Name: unknown
  • Exterior Construction: Stucco, Wood Frame
  • Lot: 8
  • Pool: No
  • Street: Magnolia
  • Roof: Shingle

Garage/Parking

  • Unit1CoveredParkingYN: Yes
  • Unit2CoveredParkingYN: Yes
  • Unit3CoveredParkingYN: Yes
  • Unit4CoveredParkingYN: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: 200 Amp Panel
  • Hot Water: City

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 2507.00

Lot Info

  • Zoning: L-R-5 R5 Multiple Family Residential

Multi Family

  • Total Buildings: 2
  • Total Number Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Oct 14, 2021
Sold by
Graham John James and Jack And Janet M Graham Living
Bought by
Seis Personas Llc
Seller's Agent
Janecek & Gedalje Group
Keller Williams Arizona Living Realty
Buyer's Agent
Janecek & Gedalje Group
Keller Williams Arizona Living Realty
List Price
$625,000
Sold Price
$675,000
Premium/Discount to List
$50,000
8%
Current Estimated Value
$701,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,385
Avg. Annual Appreciation
0.94%
Source: Public Records

Range of Values:

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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
Seis Personas Llc $675,000 Pioneer Title Agency Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $675,000 +8.0% $162 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $625,000 -- $150 / Sq Ft
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 $2,453 -- -- --
2025 $2,486 $85,388 $0 $0
2024 $2,486 $69,951 $0 $0
2023 $2,486 $45,270 $0 $0
2022 $2,379 $41,181 $0 $0
2021 $2,567 $36,806 $0 $0
2019 $2,436 $35,117 $0 $0
2018 $2,352 $32,545 $0 $0
2017 $2,328 $28,091 $0 $0
2016 $2,104 $27,337 $0 $0
2015 $2,013 $22,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Janecek & Gedalje Group

    Keller Williams Arizona Living Realty

  • Eric Gedalje

    Buyer's Agent in 2021

    Eric Gedalje

    eXp Realty

    (949) 402-5491

    1,260 in this area

    1,597 Total Sales

    Eric Gedalje
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Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 1018288

Lake Havasu Association of REALTORS®

APN: 107-27-059

Arizona Mohave County Lake Havasu City 86403

1870 Magnolia Dr, Lake Havasu City, AZ

Not Listed for Sale

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