NOT LISTED FOR SALE

2271 Rainbow Ave N Lake Havasu City, AZ 86403

Estimated Value: $478,923 - $510,000

3 Beds
2 Baths
1,296 Sq Ft
$377/Sq Ft Est. Value

Last Sold April 22, 2018

Last sale price $247,000 $191 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,747/month

184 Days on Market

Highlights

  • Gunite Pool
  • Corner Lot
  • Walk-In Closet
  • Vaulted Ceiling
  • No HOA
  • Tile Flooring

About This Home

As of April 2018

Nice split bedroom, open floor plan with 3 bedrooms, 2 bathrooms with vaulted ceiling and two-tone paint, are just to name a few of the upgrades. 3 car garage that is swamp cooled (as-is cooler) with RV parking on the side. Enjoy your morning coffee from your private front porch or the evening sunsets from your own oasis of a backyard with a sparkling pool and heated spa.

Last Agent to Sell the Property

Joel Selman

Selman And Associates License #BR005988000 Listed on: 09/20/2017

Last Buyer's Agent

John Schneller

Realty ONE Group Mountain Desert License #SA655826000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,199

Year Built

  • Built in 1994

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 69x116x75x123
  • Back Yard Fenced
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Zoning described as R1 Single-Family Residential

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,296 Sq Ft Home
  • Property has 1 Level
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Pool

  • Gunite Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Propane
  • Water Purifier
  • Water Softener

Community Details

  • No Home Owners Association
  • Lake Havasu City Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,199

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Directions: Acoma to Rainbow Ave N. Head up the hill to the home on the left.
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1994
  • Lot Size: 69x116x75x123
  • Subdivision Name: Lake Havasu City
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Main Level Master, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Softener, Water Purifier
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Ceiling Fan(s),Pantry,Rear Kitchen,Vaulted Ceiling
  • Flooring: Carpet, Tile
  • Living Area: 1296.0

Exterior Features

  • Exterior Features: Landscaping
  • Fencing: Block, Back Yard
  • Home Warranty: No
  • Roof: Shingle
  • Lot Features: Corner Lot, Public/Maintained Road, Street Level
  • Pool Features: Gunite, Heated, Private
  • Pool Private: Yes
  • Construction Type: Stucco, Wood Frame

Garage/Parking

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

Utilities

  • Utilities: Propane
  • Laundry Features: Electric Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 110 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 9583.0
  • Zoning Description: R1 Single-Family Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1199.0
  • Tax Block: 6
  • Tax Lot: 2
  • Tax Tract: 2133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2017
Closed on
Mar 13, 2018
Sold by
Wolfe Ronald D and Wolfe Debra R
Bought by
Hale Dawn Michelle
Seller's Agent
Joel Selman
Selman And Associates
Buyer's Agent
John Schneller
Realty ONE Group Mountain Desert
List Price
$255,000
Sold Price
$247,000
Premium/Discount to List
-$8,000
-3.14%
Current Estimated Value
$489,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,231
Avg. Annual Appreciation
9.80%
Original Mortgage
$197,600
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2015
Closed on
Feb 9, 2016
Sold by
Penny Gary W
Bought by
Wolfe Ronald D and Wolfe Debra R
Seller's Agent
Katherine Blanchard
Realty ONE Group Mountain Desert
Buyer's Agent
The Hart Team
LH Keller Williams Arizona Living Realty
List Price
$224,900
Sold Price
$224,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$179,920
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2015
Sold by
Penny Gary W
Bought by
Penny Gary W and Gary W Penny Trust

Purchase Details

Closed on
Apr 25, 2007
Sold by
Penny Gary W and Penny Aleta
Bought by
Penny Gary W and Penny Aleta

Purchase Details

Closed on
Apr 19, 2002
Sold by
Farmer Michael F and Farmer Deborah L
Bought by
Penny Gary W and Penny Aleta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
9.24%
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
Hale Dawn Michelle $247,000 Chicago Title Agency Inc
Wolfe Ronald D $224,900 Stewart Title
Penny Gary W -- None Available
Penny Gary W -- None Available
Penny Gary W $111,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hale Dawn Michelle $195,500
Closed Hale Dawn Michelle $194,400
Closed Hale Dawn Michelle $197,600
Previous Owner Wolfe Ronald D $179,920
Previous Owner Penny Gary W $75,000
Previous Owner Penny Gary W $131,600
Previous Owner Penny Gary W $99,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2018 04/22/18 Sold $247,000 -3.1% $191 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
09/20/2017 09/20/17 For Sale $255,000 +13.4% $197 / Sq Ft
02/26/2016 02/26/16 Sold $224,900 0.0% $174 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
11/15/2015 11/15/15 For Sale $224,900 -- $174 / 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 $823 -- -- --
2025 $1,668 $40,258 $0 $0
2024 $1,668 $41,019 $0 $0
2023 $1,668 $35,537 $0 $0
2022 $1,596 $27,592 $0 $0
2021 $1,767 $25,608 $0 $0
2019 $1,679 $21,265 $0 $0
2018 $1,622 $19,463 $0 $0
2017 $1,350 $17,976 $0 $0
2016 $1,199 $16,597 $0 $0
2015 $1,395 $14,313 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 932578

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 106-05-046