NOT LISTED FOR SALE

2870 Palisades Dr Lake Havasu City, AZ 86404

Estimated Value: $479,000 - $517,984

4 Beds
4 Baths
2,024 Sq Ft
$245/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $416,000 $206 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,844/month

3 Days on Market

Highlights

  • Lake View
  • Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring

About This Home

As of April 2021

Great investment opportunity. Duplex with great rental history. Each units feature 2 bedroom, 2 bathroom, 2 car garage, vaulted ceilings, open floor plan, tile floors except the bedrooms, fenced backyard with covered patio. Both units are the same. Extra wide lot room to add on.

Last Agent to Sell the Property

Katherine Blanchard

Realty ONE Group Mountain Desert-LH Brokerage Email: katherine@katherineblanchard.net License #SA529474000 Listed on: 04/14/2021

Realty ONE Group Mountain Desert-LH

Last Buyer's Agent

Mary Roberts

Realty Executives Lake Havasu City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 2004

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 115x125

Parking

  • Attached Garage

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,024 Sq Ft Home
  • Lake Views

Flooring

  • Carpet
  • Tile

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • Built by Set LLC
  • Lake Havasu City Subdivision

Listing and Financial Details

  • Tax Block 4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,287

Year Built

Built in 2004

Lot Details

0

Listing Details

  • FILLACRES: 0.33
  • ApxLotDim: 115x125
  • Attribution Contact: katherine@katherineblanchard.net
  • Co Selling Member Short Id: gmitchell
  • Directions: Kiowa Blvd to Simitan Dr to Palisades Dr.
  • Listing Member Name: Katherine Blanchard
  • Listing Office Short Id: 14302880
  • List Type: Exclusive Right To Sell
  • Lot Sq Ft: 14375.00
  • Open House Office I D: 20171212181804927138000000
  • Prop. Type: Multi-Family
  • Selling Member Short Id: mroberts
  • Selling Office Short Id: 143010900
  • OFFICELIST_STATE: AZ
  • Year Built: 2004
  • Estimated Total Sq Ft: 2024.00
  • Multi Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LOT 2 BLOCK 4 TRACT 2226 LAKE HAVASU CITY
  • Limited Service: No
  • Interior Flooring: Carpet, Tile
  • New Construction: No

Exterior Features

  • Builder Name: Set LLC
  • Exterior Construction: Stucco, Wood Frame
  • Lot: 2
  • Pool: No
  • Street: Palisades
  • Roof: Shingle

Garage/Parking

  • Garage/Parking: Attached, Door - 8 Ft Height, Motor Home Parking 10+, Side Parking 8-10 Ft +
  • Unit1CoveredParkingYN: No
  • Unit1GarageDepth: 22-27
  • Unit1GarageDim: 20x8x24
  • Unit1GarageSpaces: 2
  • Unit2CoveredParkingYN: No
  • Unit2GarageDepth: 22-27
  • Unit2GarageDim: 20x8x24
  • Unit2GarageSpaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 1287.00

Lot Info

  • Lot Description: Curb and Gutter, View-Rear Lake View
  • Zoning: L-R-2 Two-Family Residential

Multi Family

  • Total Buildings: 1
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Apr 22, 2021
Sold by
Trayer Family Trust
Bought by
Hitchins Michael B and Hitchins Holly
Seller's Agent
Katherine Blanchard
Realty ONE Group Mountain Desert-LH
Buyer's Agent
Mary Roberts
Realty Executives Lake Havasu City
List Price
$399,000
Sold Price
$416,000
Premium/Discount to List
$17,000
4.26%
Current Estimated Value
$495,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,246
Avg. Annual Appreciation
4.70%

Purchase Details

Closed on
Mar 9, 2006
Sold by
Trayer Terrance W and Trayer Lorree A
Bought by
Trayer Terry W and Trayer Lorree Anne

Purchase Details

Closed on
Feb 27, 2004
Sold by
Ross Robert Lee and Ross Linda Catherine
Bought by
Trayer Terrance W and Trayer Lorree A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,960
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2003
Sold by
Dalby Linda S
Bought by
Ross Robert Lee and Ross Linda Catherine
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
Hitchins Michael B $416,000 Premier Title
Trayer Terry W -- None Available
Trayer Terrance W $259,950 State Title Agency Inc
Ross Robert Lee $38,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trayer Terrance W $172,400
Previous Owner Trayer Terrance W $207,960
Previous Owner Ross Robert Lee $155,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $416,000 +4.3% $206 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $399,000 -- $197 / 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 -- -- -- --
2025 $1,207 $41,465 $0 $0
2024 $1,207 $33,968 $0 $0
2023 $1,207 $21,984 $0 $0
2022 $1,155 $19,998 $0 $0
2021 $1,316 $17,873 $0 $0
2019 $1,252 $17,382 $0 $0
2018 $1,211 $15,804 $0 $0
2017 $1,200 $13,173 $0 $0
2016 $1,091 $13,275 $0 $0
2015 $1,047 $10,793 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 1015926

Lake Havasu Association of REALTORS®

APN: 104-40-052