NOT LISTED FOR SALE

1903 Rainbow Ave S Lake Havasu City, AZ 86403

Estimated Value: $344,000 - $388,000

3 Beds
2 Baths
1,080 Sq Ft
$339/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $90,000 $83 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $2,022/month

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • Corner Lot
  • Covered Patio or Porch
  • Mountain View
  • No HOA
  • 3 Car Attached Garage

About This Home

As of December 2012

Nice home, bargain price, and renters of 14 years wishing to stay long term make this the perfect investor home. Home is neat and tidy inside with a comfortable feel and nice floorplan. Abundant parking options with gated RV Parking, and 3 car drive through garage. Roof has been replaced in past decade and appears to be in good shape. Super mountain and sunset views from the huge .39 acre lot. Tremendous value...For the price you won't find a better one. Close to both lake and shopping.

Last Agent to Sell the Property

Bobby & Julie Lewis Team

Coldwell Banker Realty License #sa551338000 Listed on: 11/28/2012

Co-Listed By

Bobby Lewis

Coldwell Banker Realty

Last Buyer's Agent

Curtis Grier

Havasu Realty License #BR014174000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,093

Year Built

  • Built in 1975

Lot Details

  • 0.39 Acre Lot
  • Northeast Facing Home
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Property is zoned L-R-1 Single-Family Residential

Parking

  • 3 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Dining Area
  • Mountain Views
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Lake Havasu City Subdivision

Listing and Financial Details

  • Tax Block 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,093

Year Built

Built in 1975

Lot Details

0

Listing Details

  • FILLACRES: 0.39
  • Directions: Corner of Papago & Rainbow.
  • Listing Member Name: Bobby & Julie Lewis Team
  • Listing Office Short Id: 143080
  • List Type: Exclusive Right To Sell
  • Lot Sq Ft: 16988.00
  • Open House Office I D: 20171212181803755750000000
  • Prop. Type: Residential
  • Selling Member Short Id: cgrier
  • Selling Office Short Id: 1430410
  • OFFICELIST_STATE: AZ
  • Year Built: 1975
  • MasterBRBA: 1 Master Suite
  • OCCUPANCY: Leased
  • Building Stories: 1.0
  • Property Sub Type: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Three Quarter Bathrooms: 1
  • Appliances Equipment: Electric Oven, Electric Range, Water Heater-Elec
  • Estimated Living Sq Ft: 1080.00
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: No
  • Flood Plain: No
  • Limited Service: No
  • Interior Flooring: Carpet, Vinyl
  • Split Bedroom: No
  • Total Bathrooms: 2.00
  • Interior Amenities: Breakfast Bar, Casual Dining, Counters-Laminate, Rear Kitchen, Window Coverings
  • New Construction: No

Exterior Features

  • Exterior Construction: Stucco, Wood Frame
  • Exterior Features: Patio Covered
  • Fencing: Chain Link
  • Lot: 41
  • Pool: No
  • Street: Rainbow S
  • Roof: Shingle

Garage/Parking

  • ApxGarageDepth: 22-27
  • ApxGarage Sq Ft: 878.00
  • Garage Spaces: 3
  • Garage/Parking: Attached, Door - 7 Ft Height, Drive Through
  • GarageSpaces10X20: 3

Utilities

  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Hot Water: City

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 1092.58

Lot Info

  • Lot Description: Corner Lot, Level to Street, View-Mountains
  • Zoning: L-R-1 Single-Family Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2021
Sold by
Gustafson Terry R
Bought by
Gustafson Terry R and Terry R Gustafson Trust
Current Estimated Value
$366,154

Purchase Details

Closed on
May 7, 2013
Sold by
Gustafson Terry
Bought by
Gustafson Terry R

Purchase Details

Listed on
Nov 28, 2012
Closed on
Dec 11, 2012
Sold by
Colfack Gary L and Colfack Alona D
Bought by
Gustafson Terry
Seller's Agent
Bobby & Julie Lewis Team
Coldwell Banker Realty
Buyer's Agent
Curtis Grier
Havasu Realty
List Price
$94,500
Sold Price
$90,000
Premium/Discount to List
-$4,500
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.51%
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
Gustafson Terry R -- None Listed On Document
Gustafson Terry R -- None Available
Gustafson Terry $90,000 Chicago Title Agency Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2012 12/14/12 Sold $90,000 -4.8% $83 / Sq Ft
12/01/2012 12/01/12 Pending -- -- --
11/28/2012 11/28/12 For Sale $94,500 -- $88 / 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 -- -- -- --
2025 $1,225 $29,540 $0 $0
2024 $1,225 $32,110 $0 $0
2023 $1,225 $26,453 $0 $0
2022 $1,172 $19,801 $0 $0
2021 $1,333 $18,732 $0 $0
2019 $1,268 $15,083 $0 $0
2018 $1,227 $14,077 $0 $0
2017 $1,215 $13,736 $0 $0
2016 $1,105 $11,151 $0 $0
2015 $1,060 $10,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bobby & Julie Lewis Team

    Coldwell Banker Realty

  • B

    Seller Co-Listing Agent in 2012

    Bobby Lewis

    Coldwell Banker Realty

  • C

    Buyer's Agent in 2012

    Curtis Grier

    Havasu Realty

    (928) 453-5554

    5 in this area

    12 Total Sales

    Curtis Grier
    Section Image
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Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 872912

Lake Havasu Association of REALTORS®

APN: 106-20-047

Arizona Mohave County Lake Havasu City 86403

1903 Rainbow Ave S, Lake Havasu City, AZ

This home is located at 1903 Rainbow Ave S, Lake Havasu City, AZ 86403 since 28 November 2012 and is currently estimated at $366,154, approximately $339 per square foot. This property was built in 1975. 1903 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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