NOT LISTED FOR SALE

2080 Magnolia Dr Lake Havasu City, AZ 86403

Estimated Value: $241,539 - $435,000

-- Bed
2 Baths
1,148 Sq Ft
$288/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $151,500 $132 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,796/month

90 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • Central Heating and Cooling System
  • No HOA

About This Home

As of May 2018

One 2 bedroom 1 bath unit and one 1 bedroom 1 bath duplex with excellent rental history sits on a corner lot with R3 zoning.

Last Agent to Sell the Property

Nicolle Stuhlberg

NSP Property Management, LLC License #BR521949000 Listed on: 12/04/2017

Last Buyer's Agent

Rae Dunkley

Re/Max By The Lake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $739

Year Built

  • Built in 1972

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 127x119x119x104
  • Corner Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof

Flooring

  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Public Septic

Listing and Financial Details

  • Tenant pays for cable/satellite, electricity
  • Tax Block 6

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Built by Havasu Builders
  • Lake Havasu City Subdivision

Building Details

  • Gross Income $12,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$739

Year Built

Built in 1972

Lot Details

0

Listing Details

  • ApxLotDim: 127x119x119x104
  • Directions: Hwy 95 to Mulberry Avenue to Magnolia Drive
  • Listing Member Name: Nicolle Stuhlberg
  • List Type: Exclusive Right To Sell
  • AnnualCostsAnnualGrossInc: 12600.00
  • Lot Sq Ft: 13939.00
  • Prop. Type: Multi-Family
  • Selling Member Short Id: rdunkley
  • OFFICELIST_STATE: AZ
  • Year Built: 1972
  • Multi Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Limited Service: No
  • Interior Flooring: Tile
  • New Construction: No

Exterior Features

  • Builder Name: Havasu Builders
  • Exterior Construction: Wood Frame
  • Lot: 1
  • Pool: No
  • Street: Magnolia
  • Roof: Shingle

Garage/Parking

  • Unit1CoveredParkingYN: No
  • Unit2CoveredParkingYN: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Available

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 739.00

Lot Info

  • Lot Description: Corner Lot
  • Zoning: L-R-3 Limited-Multiple Family Res

Rental Info

  • Tenant Pays: Cable/Satellite, Electricity

Multi Family

  • Total Buildings: 1
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2017
Closed on
May 7, 2018
Sold by
Meyers Lani N
Bought by
Wiese Randy L
Seller's Agent
Nicolle Stuhlberg
NSP Property Management, LLC
Buyer's Agent
Rae Dunkley
Re/Max By The Lake
List Price
$174,900
Sold Price
$151,500
Premium/Discount to List
-$23,400
-13.38%
Current Estimated Value
$330,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,635
Avg. Annual Appreciation
10.90%

Purchase Details

Closed on
Aug 17, 2004
Sold by
Delaluz Fernando
Bought by
Meyers Lani N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,900
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2003
Sold by
Delaluz Mabel
Bought by
Delaluz Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,950
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
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
Wiese Randy L $152,000 Summerlin Title Agency
Meyers Lani N $174,900 Transnation Title Ins Co
Delaluz Fernando -- First American Title Ins Co
Delaluz Fernando $125,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyers Lani N $139,900
Previous Owner Delaluz Fernando $114,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2018 05/11/18 Sold $151,500 -13.4% $132 / Sq Ft
03/04/2018 03/04/18 Pending -- -- --
12/04/2017 12/04/17 For Sale $174,900 -- $152 / 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 $676 -- -- --
2025 $685 $23,519 $0 $0
2024 $685 $19,267 $0 $0
2023 $685 $12,469 $0 $0
2022 $655 $11,343 $0 $0
2021 $805 $10,138 $0 $0
2019 $768 $11,536 $0 $0
2018 $745 $8,964 $0 $0
2017 $739 $8,283 $0 $0
2016 $677 $7,529 $0 $0
2015 $652 $6,121 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nicolle Stuhlberg

    NSP Property Management, LLC

  • R

    Buyer's Agent in 2018

    Rae Dunkley

    RE/MAX

See All Agents

Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 935322

Lake Havasu Association of REALTORS®

APN: 109-23-018

Arizona Mohave County Lake Havasu City 86403

2080 Magnolia Dr, Lake Havasu City, AZ

Not Listed for Sale

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