NOT LISTED FOR SALE

1940 Chip Dr Lake Havasu City, AZ 86406

Estimated Value: $729,000 - $1,019,000

3 Beds
3 Baths
2,392 Sq Ft
$350/Sq Ft Est. Value

Last Sold January 30, 2013

Last sale price $350,000 $146 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $4,642/month

61 Days on Market

Highlights

  • Gunite Pool
  • Vaulted Ceiling
  • No HOA
  • Panoramic View
  • Separate Formal Living Room
  • Covered Patio or Porch

About This Home

As of January 2013

Custom built CB Development home with almost 2400 sq ft. of living. Formal dining plus breakfast nook. Large great room, gas fireplace, master suite with separate tub & shower. Three car boat deep garage. Located close to town in a quiet area of fine homes. Panoramic lake views from the backyard, pool & spa area.

Last Agent to Sell the Property

The Runyon Team

LH Keller Williams Arizona Living Realty License #SA032700000 Listed on: 10/31/2012

Last Buyer's Agent

Mary Lawler

Century 21 Americana License #SA631417000

Century 21 Americana

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,996

Year Built

  • Built in 1993

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x129
  • Back Yard Fenced
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Zoning described as R1 Single-Family Residential

Parking

  • 3 Car Garage
  • Garage Door Opener

Property Views

  • Lake
  • Panoramic
  • Mountain

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,392 Sq Ft Home
  • Property has 1 Level
  • Vaulted Ceiling
  • Fireplace
  • Window Treatments
  • Separate Formal Living Room
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Pool

  • Gunite Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Air
  • Multiple Heating Units
  • Heating System Uses Gas
  • Water Heater
  • Water Purifier
  • Water Softener
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Built by CB Development
  • Lake Havasu City Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,996

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Directions: Lake Havasu Ave. to Chip drive.
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1993
  • Lot Size Acres: 0.23
  • Lot Size: 80x129
  • Subdivision Name: Lake Havasu City
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Bathtub, Separate/Formal Dining Room, Kitchen Island, Pantry, Separate Shower, Tile Counters, Tub Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Oven, Range, Refrigerator, Water Softener, Water Heater, Water Purifier
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Breakfast Bar,Counters-Tile,Dining-Formal DR,Kitch
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile
  • Living Area: 2392.0
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Other

Exterior Features

  • Exterior Features: Hot Tub/Spa, Sprinkler/Irrigation, Landscaping, Satellite Dish
  • Fencing: Block, Back Yard
  • Roof: Tile
  • View: Lake, Mountain(s), Panoramic
  • Pool Features: Gunite, Heated, Private
  • Pool Private: Yes
  • View: Yes
  • Builder Name: CB Development
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Utilities: Natural Gas Available
  • Laundry Features: Inside
  • Cooling: Central Air, Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Gas, Multiple Heating Units
  • Heating Yn: Yes
  • Electric: 110 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 10019.0
  • Zoning Description: R1 Single-Family Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1996.34
  • Tax Block: 5
  • Tax Lot: 16
  • Tax Tract: 2302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2012
Closed on
Jan 25, 2013
Sold by
Johnson Robert L and Johnson Teri G
Bought by
Johnson Robert L and Johnson Teri G
Seller's Agent
The Runyon Team
LH Keller Williams Arizona Living Realty
Buyer's Agent
Mary Lawler
Century 21 Americana
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Current Estimated Value
$836,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,987
Avg. Annual Appreciation
7.05%
Original Mortgage
$278,000
Outstanding Balance
$192,932
Interest Rate
3.33%
Mortgage Type
New Conventional
Estimated Equity
$644,055

Purchase Details

Listed on
Oct 31, 2012
Closed on
Dec 31, 2012
Sold by
Meringola Nelson and Meringola Miriam
Bought by
Johnson Robert L and Johnson Teri G
Seller's Agent
The Runyon Team
LH Keller Williams Arizona Living Realty
Buyer's Agent
Mary Lawler
Century 21 Americana
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Outstanding Balance
$192,932
Interest Rate
3.33%
Mortgage Type
New Conventional
Estimated Equity
$644,055

Purchase Details

Closed on
Oct 9, 2001
Sold by
Meringola Nelson A and Meringola Miriam R
Bought by
Meringola Nelson and Meringola Miriam

Purchase Details

Closed on
Sep 27, 1999
Sold by
Marks Glen F and Marks Marilyn L
Bought by
Meringola Nelson and Meringola Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.97%
Source: Public Records

Range of Values:

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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
Johnson Robert L -- Stewart Title & Trust Of Pho
Johnson Robert L $350,000 Stewart Title & Trust Of Pho
Meringola Nelson -- --
Meringola Nelson -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Robert L $278,000
Previous Owner Meringola Nelson $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2013 01/30/13 Sold $350,000 -2.5% $146 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
10/31/2012 10/31/12 For Sale $359,000 -- $150 / 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 $2,770 $58,956 $0 $0
2024 $2,770 $61,633 $0 $0
2023 $2,770 $53,104 $0 $0
2022 $2,629 $47,162 $0 $0
2021 $2,880 $39,954 $0 $0
2019 $2,732 $36,196 $0 $0
2018 $2,638 $34,774 $0 $0
2017 $2,591 $33,668 $0 $0
2016 $2,284 $33,967 $0 $0
2015 $2,221 $29,912 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    The Runyon Team

    LH Keller Williams Arizona Living Realty

  • M

    Buyer's Agent in 2013

    Mary Lawler

    Century 21 Americana

    (928) 855-3015

    6 in this area

    25 Total Sales

    Mary Lawler
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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 872037

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 109-29-122

Arizona Mohave County Lake Havasu City 86406

1940 Chip Dr, Lake Havasu City, AZ

Not Listed for Sale

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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.

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