NOT LISTED FOR SALE

1948 Chip Dr Lake Havasu City, AZ 86406

Estimated Value: $692,264 - $891,000

3 Beds
2.5 Baths
2,432 Sq Ft
$325/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $360,000 $148 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,287/month

About This Home

As of November 2019

3 BR, 2.5 Bath home with 2 car plus 40+ ft. deep RV garage in Residential estate area. This home has it all: Heated Pool, Fire Place, Wet Bar, backs to wash for privacy, views of lake from back & side yard. Home comes with Refrigerator, washer, dryer, water softener & R/O. Rent includes Pool service, yard maintenance, twice weed spray & monthly bug spray. NO PETS.

Last Agent to Rent the Property

George Sharma

Desert Resort Properties Brokerage Email: desertresortproperties@gmail.com License #BR009061000 Listed on: 10/07/2019

Last Renter's Agent

George Sharma

Desert Resort Properties Brokerage Email: desertresortproperties@gmail.com License #BR009061000 Listed on: 10/07/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,379

Year Built

  • 1993

Lot Details

  • 10,411

Parking

  • 3 Car Garage

Interior Spaces

  • 2,432 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Pool

  • Private Pool

Listing and Financial Details

  • Security Deposit $3,750

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,379

Year Built

1993

Lot Details

0

Rental Info

  • Lease Term: 12-24
  • Lease Date: 2019-11-09
  • Rental Type: Single Family Residence
  • Security Deposit: 3750.00

Listing Details

  • Attribution Contact: desertresortproperties@gmail.com
  • Directions: From lake Havasu Ave, go east on Chip Dr., go for 3/4 mile and property is on the right side.
  • Handicap Amenities: No
  • Listing Member Name: George Sharma
  • Senior Community: No
  • ApxTotalLiving Sq Ft: 2432.00
  • Prop. Type: Rental
  • Selling Member Short Id: gsharma
  • OFFICELIST_STATE: AZ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Three Quarter Bathrooms: 1
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: Yes
  • Lower Floor 1 Half Bathrooms: 1
  • Split Bedroom: Yes
  • Total Bathrooms: 3.00

Exterior Features

  • Pool: Private
  • Street: Chip

Garage/Parking

  • ApxGarageDepth: 41-45
  • ApxGarage Sq Ft: 1048.00
  • Garage Spaces: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2014
Closed on
Sep 30, 2014
Sold by
Carruth Michael L and Mcguinness Ingrid C
Bought by
Ali Ijaz
Seller's Agent
Michael Konen
Selman And Associates
Buyer's Agent
Linda Denovan
Re/Max By The Lake
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Current Estimated Value
$791,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,566
Avg. Annual Appreciation
7.35%
Original Mortgage
$288,000
Outstanding Balance
$220,631
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$570,935

Purchase Details

Listed on
Apr 22, 2014
Closed on
Sep 26, 2014
Sold by
Habib Nashmiah
Bought by
Ali Ijaz
Seller's Agent
Michael Konen
Selman And Associates
Buyer's Agent
Linda Denovan
Re/Max By The Lake
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$220,631
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$570,935

Purchase Details

Closed on
May 24, 2002
Sold by
Carruth Michael L
Bought by
Carruth Michael L and Mcguinness Ingrid C

Purchase Details

Closed on
Jul 31, 2000
Sold by
Lewis Kenneth E and Lewis Marilyn J
Bought by
Carruth Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,900
Interest Rate
8.15%
Mortgage Type
New Conventional
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
Ali Ijaz $360,000 Stewart Title & Trust Of Pho
Ali Ijaz -- Stewart Title & Trust Of Pho
Carruth Michael L -- --
Carruth Michael L $194,900 State Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Ijaz $288,000
Previous Owner Carruth Michael L $155,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2019 11/09/19 Rented $2,500 0.0% --
10/10/2019 10/10/19 Under Contract -- -- --
10/07/2019 10/07/19 For Rent $2,500 0.0% --
10/10/2014 10/10/14 Sold $360,000 -9.8% $148 / Sq Ft View Prior Sale
09/10/2014 09/10/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $399,000 -- $164 / 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 $1,379 -- -- --
2025 $2,794 $56,947 $0 $0
2024 $2,794 $60,873 $0 $0
2023 $2,794 $51,332 $0 $0
2022 $2,674 $42,868 $0 $0
2021 $2,869 $37,834 $0 $0
2019 $2,722 $34,060 $0 $0
2018 $2,627 $32,959 $0 $0
2017 $2,600 $30,397 $0 $0
2016 $2,348 $30,909 $0 $0
2015 $2,246 $26,477 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Landlord's Agent in 2019

    George Sharma

    Desert Resort Properties

    (928) 706-9222

    42 in this area

    76 Total Sales

    George Sharma
    Section Image

  • M

    Seller's Agent in 2014

    Michael Konen

    Selman And Associates

  • L

    Buyer's Agent in 2014

    Linda Denovan

    Re/Max By The Lake

See All Agents

Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 1008250

Lake Havasu Association of REALTORS®

APN: 109-29-123

Arizona Mohave County Lake Havasu City 86406

1948 Chip Dr, Lake Havasu City, AZ

Not Listed for Sale

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