NOT LISTED FOR SALE

2437 Rainbow Ave N Lake Havasu City, AZ 86403

Estimated Value: $323,000 - $361,000

3 Beds
1 Bath
1,049 Sq Ft
$323/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $107,900 $103 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $1,907/month

117 Days on Market

Highlights

  • Mountain View
  • Tile Countertops
  • Landscaped
  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of March 2014

HOME HAS BEEN COMPLETELY REDONE AND LIKE NEW! NEW APPLIANCES, CARPET, PAINT, CIELING FANS, LANDSCAPING.

Last Agent to Sell the Property

Lenny Matzdorff

1st Continental Realty And Investment License #BR008853000 Listed on: 10/25/2013

Last Buyer's Agent

Ed Jacobs

Paradise Sales & Management License #BR037552000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $654

Year Built

  • Built in 1994

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Landscaped
  • Zoning described as R1 Single-Family Residential

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,049 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Dining Area
  • Mountain Views
  • Laundry in Garage

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • No Home Owners Association
  • Built by Lambert
  • Lake Havasu City Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$654

Year Built

Built in 1994

Lot Details

0

Parking

1

Listing Details

  • Directions: Acoma Rainbow, go up towards Palo Verde, on Left side.
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1994
  • Lot Size Acres: 0.23
  • Lot Size: 80x125
  • Subdivision Name: Lake Havasu City
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dining Area, Tile Counters
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Dining-Casual,Ceiling Fan(s),Counters-Tile,Rear Ki
  • Flooring: Carpet, Tile
  • Living Area: 1049.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Landscaping
  • Fencing: None
  • Roof: Shingle
  • View: Mountain(s)
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Disclosures: Owner Is Listing Agent
  • Builder Name: Lambert
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • 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

  • Lot Size Sq Ft: 10019.0
  • Zoning Description: R1 Single-Family Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 654.0
  • Tax Block: 7
  • Tax Lot: 13
  • Tax Tract: 2133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2013
Closed on
Mar 10, 2014
Sold by
Matzdorff Lenny
Bought by
James D & Jennifer A White Family Trust
Seller's Agent
Lenny Matzdorff
1st Continental Realty And Investment
Buyer's Agent
Ed Jacobs
Paradise Sales & Management
List Price
$123,900
Sold Price
$107,900
Premium/Discount to List
-$16,000
-12.91%
Current Estimated Value
$339,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,338
Avg. Annual Appreciation
10.49%

Purchase Details

Listed on
Jun 3, 2013
Closed on
Sep 12, 2013
Sold by
Matzdorff Amy and Matzdorff Lenny
Bought by
Matzdorff Lenny
Seller's Agent
Julie Bruckner
Havapad Realty Group
Buyer's Agent
Lenny Matzdorff
1st Continental Realty And Investment
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.88%

Purchase Details

Listed on
Jun 3, 2013
Closed on
Aug 15, 2013
Sold by
Matzdorff Stellene and Matzdorff Lyle
Bought by
Matzdorff Lyle and Martzdorff Stellene
Seller's Agent
Julie Bruckner
Havapad Realty Group
Buyer's Agent
Lenny Matzdorff
1st Continental Realty And Investment
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Purchase Details

Listed on
Jun 3, 2013
Closed on
Aug 12, 2013
Sold by
U S Bank National Association
Bought by
Matzdorff Lyle
Seller's Agent
Julie Bruckner
Havapad Realty Group
Buyer's Agent
Lenny Matzdorff
1st Continental Realty And Investment
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Purchase Details

Closed on
Apr 28, 2013
Sold by
Minck Kevin
Bought by
Us Bank National Association

Purchase Details

Closed on
Jun 29, 2005
Sold by
Howard Jodi
Bought by
Minck Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.17%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 25, 2005
Sold by
Marken Ventures Llc
Bought by
Bennett Robert E and Bennett Judith D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.17%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
James D & Jennifer A White Family Trust $107,900 Pioneer Title Agency Inc
Matzdorff Lenny -- Pioneer Title Agency Inc
Matzdorff Lenny -- Pioneer Title Agency Inc
Matzdorff Lyle -- Security Title Agency
Matzdorff Lyle $85,000 Security Title Agency
Us Bank National Association $136,890 None Available
Minck Kevin -- First American Title Ins Co
Minck Kevin $170,000 First American Title Ins Co
Bennett Robert E $134,600 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minck Kevin $136,000
Previous Owner Bennett Robert E $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2014 03/21/14 Sold $107,900 -12.9% $103 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
10/25/2013 10/25/13 For Sale $123,900 +45.8% $118 / Sq Ft
08/20/2013 08/20/13 Sold $85,000 -14.9% $81 / Sq Ft
07/21/2013 07/21/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $99,900 -- $95 / 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 $879 $23,645 $0 $0
2024 $879 $26,348 $0 $0
2023 $879 $22,625 $0 $0
2022 $841 $16,942 $0 $0
2021 $995 $15,717 $0 $0
2019 $948 $12,785 $0 $0
2018 $918 $11,750 $0 $0
2017 $910 $10,975 $0 $0
2016 $831 $10,112 $0 $0
2015 $799 $8,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 883683

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 106-05-067