NOT LISTED FOR SALE

2370 Palisades Dr Lake Havasu City, AZ 86403

Estimated Value: $358,000 - $607,000

-- Bed
4 Baths
2,567 Sq Ft
$182/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $214,000 $83 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,549/month

109 Days on Market

Highlights

  • RV Access or Parking
  • Central Heating and Cooling System
  • Concrete Flooring
  • No HOA

About This Home

As of September 2017

Great investment opportunity. One side is occupied part time has 2 beds, 2 baths, carports w/storage and lots of side parking. Fenced landscaped yard with covered patios. Units have lots of windows and an open floor plan between kitchen, dining and living areas. There is a Private laundry in each unit. Left side is rented and has a long term month to month tenant. Both units have new cabinets.,

Last Agent to Sell the Property

Tim Thompson

LH Keller Williams Arizona Living Realty License #SA650430000 Listed on: 05/13/2017

LH Keller Williams Arizona Living Realty

Last Buyer's Agent

Jennifer Head

Lake Havasu City Properties License #SA650941000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $898

Year Built

  • Built in 1970

Lot Details

  • 0.4

Home Design

  • Duplex
  • Shingle Roof

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 2 Carport Spaces
  • RV Access or Parking

Additional Features

  • Lot Dimensions are 115x100
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for sewer, trash collection, water
  • Legal Lot and Block 3 / 4

Community Details

Overview

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

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$898

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Directions: Sandwood to Palisades
  • New Construction: No
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 1970
  • Lot Size: 115x100
  • Subdivision Name: Lake Havasu City
  • Carport Y N: Yes
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Sewer, Trash Collection, Water
  • Flooring: Carpet, Concrete, Vinyl

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Block

Garage/Parking

  • Carport Spaces: 2.0
  • Parking Features: Carport, RV Access/Parking

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 110 Volts, 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning Description: R4 Multiple Family Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 898.0
  • Tax Block: 4
  • Tax Lot: 3
  • Tax Tract: 2192

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2017
Closed on
Sep 15, 2017
Sold by
Ray Gary Robert and Ray Shirley Sue
Bought by
Johnson Robert F and Johnson Renne D
Seller's Agent
Tim Thompson
LH Keller Williams Arizona Living Realty
Buyer's Agent
Jennifer Head
Lake Havasu City Properties
List Price
$229,000
Sold Price
$214,000
Premium/Discount to List
-$15,000
-6.55%
Current Estimated Value
$466,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,337
Avg. Annual Appreciation
11.09%

Purchase Details

Closed on
Nov 30, 2012
Sold by
Ray Gary and Ray Shirley
Bought by
Ray Gary Robert and Ray Shirley Sue

Purchase Details

Closed on
Mar 18, 2010
Sold by
Fannie Mae
Bought by
Ray Gary and Ray Shirley

Purchase Details

Closed on
Jan 11, 2010
Sold by
Jenson Lawrence E and Jenson Jewelyn S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 17, 2007
Sold by
Goitia James R and Goitia Deborah A
Bought by
Jenson Lawrence E and Jenson Jewelyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,500
Interest Rate
6.09%
Mortgage Type
Trade

Purchase Details

Closed on
Dec 14, 2004
Sold by
Castro Robert
Bought by
Goltia James R and Goltia Deborah A

Purchase Details

Closed on
Jul 1, 2004
Sold by
Castro Juana De La Torre
Bought by
Castro Roberto

Purchase Details

Closed on
Mar 2, 1999
Sold by
Miller Albert Eugene and Miller Rose Marie
Bought by
Castro Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.76%
Mortgage Type
Seller Take Back
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
Johnson Robert F $214,000 Chicago Title Agency Inc
Ray Gary Robert -- None Available
Ray Gary $79,900 Old Republic Title Agency
Federal National Mortgage Association $148,517 None Available
Jenson Lawrence E $202,000 First American Title Insuran
Goltia James R $194,000 First American Title Ins Co
Castro Roberto -- State Title Agency Inc
Castro Roberto -- State Title Agency Inc
Castro Roberto $68,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Renee $88,062
Closed Johnson Robert F $75,000
Previous Owner Jenson Lawrence E $140,500
Previous Owner Goitia James $2,000
Previous Owner Castro Roberto $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $214,000 -6.6% $83 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
05/13/2017 05/13/17 For Sale $229,000 -- $89 / 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 $781 $34,148 $0 $0
2024 $781 $30,150 $0 $0
2023 $781 $20,515 $0 $0
2022 $752 $18,662 $0 $0
2021 $920 $15,451 $0 $0
2019 $877 $15,931 $0 $0
2018 $851 $13,564 $0 $0
2017 $985 $12,007 $0 $0
2016 $898 $10,712 $0 $0
2015 $863 $8,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 927801

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 104-47-033B