NOT LISTED FOR SALE

2610 Cadet Ln Lake Havasu City, AZ 86403

Estimated Value: $558,996 - $648,000

-- Bed
4 Baths
-- Sq Ft
0.37 Acres

Last Sold December 28, 2017

Last sale price $315,000

Est. 96% increase in value since last sale

Current estimated payment $3,325/month

42 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Detached Garage
  • Corner Lot
  • Community Pool
  • Cul-De-Sac

About This Home

As of December 2017

Great investment opportunity. 4 unit complex ; 2 / 1 bedroom and 2 /2 bedrooms located close to town; large corner lot on a cul de sac. Community pool area and coin laundry. All units are occupied and on leases. Enclosed carports with separate RV port.,

Last Agent to Sell the Property

Brenda Beurrier

Destination Havasu, LLC License #BR038633000 Listed on: 10/17/2017

Co-Listed By

Brooke Pope

Destination Havasu, LLC License #SA654482000

Last Buyer's Agent

Mel Reed

Coldwell Banker Realty License #BR504689000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,538

Year Built

  • Built in 1985

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 115x128x128x128
  • Cul-De-Sac
  • Corner Lot

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Stucco

Parking

  • Detached Garage
  • 3 Carport Spaces
  • RV Access or Parking

Additional Features

  • Carpet
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gas, grounds care, trash collection, water
  • Legal Lot and Block 10 / 13

Community Details

Overview

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

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Community Pool

Building Details

  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,538

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Co List Office Mls Id: 10900
  • Co List Office Phone: 928-680-8157
  • Directions: McCulloch to Cadet Lane
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Year Built: 1985
  • Lot Size: 115x128x128x128
  • Subdivision Name: Lake Havasu City
  • Carport Y N: Yes
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Gas, Grounds Care, Trash Collection, Water
  • Flooring: Carpet
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Rolled/Hot Mop
  • Lot Features: Corner Lot, Cul-De-Sac
  • Pool Features: Community
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Carport Spaces: 3.0
  • Parking Features: Carport, Detached, RV Access/Parking, Three or more Spaces

Utilities

  • Utilities: Natural Gas Available
  • Laundry Features: Coin-operated
  • 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

  • Community Features: Common Grounds/Area, Laundry Facilities, Pool
  • Association: No

Lot Info

  • Lot Size Sq Ft: 16117.0
  • Zoning Description: R4 Multiple Family Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1538.0
  • Tax Block: 13
  • Tax Lot: 10
  • Tax Tract: 121

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2017
Closed on
Nov 21, 2017
Sold by
Juardo Rudolph and Juardo Hortensia
Bought by
Myers Robert and Myers Deborah
Seller's Agent
Brenda Beurrier
Destination Havasu, LLC
Buyer's Agent
Mel Reed
Coldwell Banker Realty
List Price
$325,900
Sold Price
$315,000
Premium/Discount to List
-$10,900
-3.34%
Current Estimated Value
$616,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,999
Avg. Annual Appreciation
8.89%
Original Mortgage
$225,500
Outstanding Balance
$189,455
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$427,544

Purchase Details

Listed on
Jan 13, 2014
Closed on
Apr 24, 2014
Sold by
Strunz Gerald Jess and Strunz Mary Louise
Bought by
Jurado Family Trust
Seller's Agent
Dwayne Patterson
RE/MAX Prestige Properties
Buyer's Agent
Betty Henninger
Coldwell Banker Realty
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%

Purchase Details

Closed on
Jul 21, 2005
Sold by
Strunz Robert and Strunz Dilean
Bought by
Strunz Robert G and Strunz Dilean R

Purchase Details

Closed on
Jul 20, 2005
Sold by
Strunz Gerald J and Strunz Mary
Bought by
Strunz Gerald Jess and Strunz Mary Louise
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
Myers Robert $315,000 Pioneer Title Agency Inc
Jurado Family Trust $235,000 Stewart Title & Trust Of Pho
Strunz Robert G -- --
Strunz Gerald Jess -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Robert $225,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2017 12/28/17 Sold $315,000 -3.3% --
11/28/2017 11/28/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $325,900 +38.7% --
04/30/2014 04/30/14 Sold $235,000 -6.0% -- View Prior Sale
03/31/2014 03/31/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $249,900 -- --
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 $874 -- -- --
2025 $1,772 $60,866 $0 $0
2024 $1,772 $49,862 $0 $0
2023 $1,772 $32,269 $0 $0
2022 $1,696 $29,355 $0 $0
2021 $1,869 $26,236 $0 $0
2019 $1,775 $24,967 $0 $0
2018 $1,715 $23,198 $0 $0
2017 $1,698 $20,984 $0 $0
2016 $1,538 $19,486 $0 $0
2015 $1,474 $15,842 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 933550

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 108-19-117