NOT LISTED FOR SALE

2470 Cutter Ln Lake Havasu City, AZ 86403

Estimated Value: $642,000 - $787,000

-- Bed
4 Baths
4,135 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 19, 2020

Last sale price $450,000 $109 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,868/month

30 Days on Market

Highlights

  • 0.79 Acre Lot
  • Cul-De-Sac
  • Tile Flooring
  • No HOA
  • Attached Garage
  • Central Heating and Cooling System

About This Home

As of August 2020

Great Fourplex on Large lot that has room for additional units. close to town. Has one 3 bed 2 bath unit and three 2 bed 2 bath units. Call for more info!!

Last Agent to Sell the Property

Tim Thompson

Lake Havasu City Properties License #SA650430000 Listed on: 05/13/2020

Last Buyer's Agent

Shokouh Hatch

Realty ONE Group Mountain Desert-LH License #SA670498000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,386

Year Built

  • Built in 1970

Lot Details

  • 0.79 Acre Lot
  • Lot Dimensions are 37x138x130x77x200
  • Cul-De-Sac

Home Design

  • 4,135 Sq Ft Home
  • Quadruplex
  • Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • Attached Garage
  • Carport

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 101 to 200 Amp Service
  • Public Septic

Community Details

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

Listing and Financial Details

  • Tenant pays for cable/satellite, electricity
  • Tax Block 14

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,386

Year Built

Built in 1970

Lot Details

0

Listing Details

  • FILLACRES: 0.79
  • ApxLotDim: 37x138x130x77x200
  • Directions: North McCulloch to Cutter Ln.
  • Listing Member Name: Tim Thompson
  • Listing Office Short Id: 14301006020
  • List Type: Exclusive Right To Sell
  • Lot Sq Ft: 34412.00
  • Open House Office I D: 20171212181804428940000000
  • Prop. Type: Multi-Family
  • Selling Member Short Id: shatch
  • Selling Office Short Id: 14302880
  • OFFICELIST_STATE: AZ
  • Year Built: 1970
  • Estimated Total Sq Ft: 4135.00
  • Multi Type: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LOTS 6& 7 BLOCK 14 TRACT 121 LAKE HAVASU CITY
  • Limited Service: No
  • Interior Flooring: Carpet, Each Unit Different, Tile, Vinyl
  • New Construction: No

Exterior Features

  • Exterior Construction: Stucco
  • Lot: 6
  • Pool: No
  • Street: Cutter
  • Roof: Shingle

Garage/Parking

  • Garage/Parking: Attached, Carport
  • Unit1CoveredParkingYN: Yes
  • Unit1GarageSpaces: 1
  • Unit2CoveredParkingYN: Yes
  • Unit2GarageSpaces: 1
  • Unit3CoveredParkingYN: Yes
  • Unit3GarageSpaces: 1
  • Unit4CoveredParkingYN: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Utilities: 200 Amp Panel
  • Hot Water: City

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 2386.00

Lot Info

  • Lot Description: Cul-de-sac
  • Zoning: L-R-4 R4 Multiple Family Residential

Rental Info

  • Tenant Pays: Cable/Satellite, Electricity

Multi Family

  • Total Buildings: 1
  • Total Number Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Aug 28, 2020
Sold by
Lopez Edward Joseph
Bought by
Lopez Edward Joseph and The Edward Joseph Lopez St Tru
Seller's Agent
Tim Thompson
Lake Havasu City Properties
Buyer's Agent
Shokouh Hatch
Realty ONE Group Mountain Desert-LH
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%
Current Estimated Value
$694,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,720
Avg. Annual Appreciation
8.47%
Original Mortgage
$450,000
Interest Rate
3%

Purchase Details

Listed on
May 13, 2020
Closed on
Jul 20, 2020
Sold by
Johnson Kevin Robert and Johnson Diana Wilson
Bought by
Johnson Kevin Robert and Johnson Diana Wilson
Seller's Agent
Tim Thompson
Lake Havasu City Properties
Buyer's Agent
Shokouh Hatch
Realty ONE Group Mountain Desert-LH
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3%

Purchase Details

Listed on
May 13, 2020
Closed on
Jul 18, 2020
Sold by
Lopez Edward Joseph
Bought by
Lopez Gabriel Anthony
Seller's Agent
Tim Thompson
Lake Havasu City Properties
Buyer's Agent
Shokouh Hatch
Realty ONE Group Mountain Desert-LH
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3%

Purchase Details

Listed on
May 13, 2020
Closed on
Jul 15, 2020
Sold by
Johnson Kevin Robert and Johnson Diana Wilson
Bought by
Lopez Edward Joseph
Seller's Agent
Tim Thompson
Lake Havasu City Properties
Buyer's Agent
Shokouh Hatch
Realty ONE Group Mountain Desert-LH
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3%

Purchase Details

Closed on
Nov 3, 2009
Sold by
Wells Fargo Financial Arizona Inc
Bought by
Johnson Kevin Robert and Johnson Diana Wilson

Purchase Details

Closed on
Jan 22, 2004
Sold by
Hayden Georgia L and Waterfield Georgia L
Bought by
Hayden Tom A and Hayden Georgia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,860
Interest Rate
5.86%
Mortgage Type
Commercial
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
Lopez Edward Joseph -- None Available
Johnson Kevin Robert -- Pioneer Title Agency Inc
Lopez Gabriel Anthony -- Pioneer Title Agency Inc
Lopez Edward Joseph $450,000 Pioneer Title Agency Inc
Johnson Kevin Robert $130,450 First American Title Ins Co
Hayden Tom A -- State Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Edward Joseph $458,900
Closed Lopez Edward Joseph $450,000
Previous Owner Johnson Kevin Robert $152,355
Previous Owner Hayden Tom A $188,448
Previous Owner Hayden Tom A $84,860
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2020 08/19/20 Sold $450,000 -10.0% $109 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $499,900 -- $121 / 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 $1,001 -- -- --
2025 $1,661 $84,712 $0 $0
2024 $1,661 $69,397 $0 $0
2023 $1,661 $44,912 $0 $0
2022 $1,495 $40,855 $0 $0
2021 $2,131 $36,515 $0 $0
2019 $2,386 $34,529 $0 $0
2018 $2,308 $32,287 $0 $0
2017 $2,286 $28,207 $0 $0
2016 $2,080 $27,121 $0 $0
2015 $1,997 $22,049 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tim Thompson

    Lake Havasu City Properties

  • S

    Buyer's Agent in 2020

    Shokouh Hatch

    Realty ONE Group Mountain Desert-LH

See All Agents

Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 1011086

Lake Havasu Association of REALTORS®

APN: 108-19-125A

Arizona Mohave County Lake Havasu City 86403

2470 Cutter Ln, Lake Havasu City, AZ

This home is located at 2470 Cutter Ln, Lake Havasu City, AZ 86403 since 13 May 2020 and is currently estimated at $694,720, approximately $168 per square foot. This property was built in 1970. 2470 Cutter Ln is a home located in Mohave County with nearby schools including Starline Elementary School, Thunderbolt Middle School, and Lake Havasu High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Lake Havasu Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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