NOT LISTED FOR SALE

2321 Palisades Dr Lake Havasu City, AZ 86403

Estimated Value: $589,000 - $902,000

4 Beds
4 Baths
2,038 Sq Ft
$394/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $430,000 $211 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,473/month

34 Days on Market

Highlights

  • RV Access or Parking
  • Evaporated cooling system
  • Heat Pump System
  • No HOA
  • Tile Flooring

About This Home

As of March 2018

A UNIQUE INVESTMENT OPPORTUNITY AWAITS with this CUSTOM BUILT TRI-PLEX! One building is 1450 sq ft 3/2/3 and gorgeous! Stainless Steel appliances, Corian counters, beautiful hickory cabinets, wine cooler, vaulted ceilings, ceiling fans, garden tub in master, dual sinks and tiled walk-in shower. 2 full baths, indoor laundry including washer/dryer, boat deep garage, RO and Soft Water. Private backyard with a double gate entry. AC and Swamp Cooler. 2 small units that are identical. Both are approx 1050 sq ft 2/2/1. Nice open plan, galley kitchens, ceiling fans, pot shelves, private fenced backyard. Laundry is in the over-sized one car garage in the smaller units. Tons of extra parking on both sides. All units have RO Systems and keyless entry pads.,

Last Agent to Sell the Property

Kimberly Ewald

Realty ONE Group Mountain Desert License #SA637940000 Listed on: 01/25/2018

Last Buyer's Agent

Vic Stiles

Havasu Realty License #SA85565000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,130

Year Built

  • Built in 2005

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 72 x 130 x 58 x 181
  • Sprinkler System

Parking

  • RV Access or Parking

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Utilities

  • Evaporated cooling system
  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, sewer, trash collection, water, all utilities
  • Legal Lot and Block 2 / 2

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Lake Havasu City Subdivision

Building Details

  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,130

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Directions: Kiowa N. to Sandwood Dr., turn left to Palisades, turn left, property is on the right hand side.
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Year Built: 2005
  • Lot Size: 72 X 130 X 58 X 181
  • Subdivision Name: Lake Havasu City
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Flooring: Carpet, Tile
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sprinkler/Irrigation
  • Roof: Tile
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Parking Features: Attached, RV Access/Parking

Utilities

  • Utilities: Electricity Available
  • Cooling: Evaporative Cooling, Heat Pump, Central Air, Electric, Evaporative/Swamp
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: 110 Volts, 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 16553.0
  • Zoning Description: R3 Limited-Multiple Family Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Sewer, Trash Collection, Water, All Utilities

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3130.0
  • Tax Block: 2
  • Tax Lot: 2
  • Tax Tract: 2192

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2018
Closed on
Mar 14, 2018
Sold by
Spyr Jeff D and Spyr Shaun L
Bought by
Laurie Daniel P and Laurie Jeannine M
Seller's Agent
Kimberly Ewald
Realty ONE Group Mountain Desert
Buyer's Agent
Vic Stiles
Havasu Realty
List Price
$449,500
Sold Price
$430,000
Premium/Discount to List
-$19,500
-4.34%
Current Estimated Value
$803,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,403
Avg. Annual Appreciation
8.56%

Purchase Details

Closed on
Apr 10, 2008
Sold by
Spyr Jeffrey D
Bought by
Spyr Jeff D and Spyr Shaun L

Purchase Details

Closed on
Oct 17, 2003
Sold by
Spyr Julie A
Bought by
Spyr Jeffrey D

Purchase Details

Closed on
Mar 6, 2003
Sold by
Wernette Robert A and Wernette Adela
Bought by
Tucker Margo

Purchase Details

Closed on
Dec 22, 2000
Sold by
Kako Development Corp
Bought by
Wernette Robert A and Wernette Adela
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
Laurie Daniel P $430,000 Chicago Title Agency Inc
Spyr Jeff D -- None Available
Spyr Jeffrey D -- First American Title Ins Co
Spyr Jeffrey D $57,900 First American Title Ins Co
Tucker Margo $34,500 Transnation Title Insurance
Wernette Robert A $7,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spyr Jeffrey D $307,200
Previous Owner Spyr Jeffrey D $314,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $430,000 -4.3% $211 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $449,500 -- $221 / 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 $1,564 -- -- --
2025 $3,169 $85,208 $0 $0
2024 $3,169 $70,262 $0 $0
2023 $3,169 $45,502 $0 $0
2022 $3,033 $41,393 $0 $0
2021 $3,236 $34,161 $0 $0
2019 $3,230 $32,712 $0 $0
2018 $3,117 $31,133 $0 $0
2017 $3,130 $30,103 $0 $0
2016 $2,844 $30,205 $0 $0
2015 $2,719 $27,508 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 937158

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 104-47-019