NOT LISTED FOR SALE

2875 Palisades Dr Lake Havasu City, AZ 86404

Estimated Value: $448,000 - $492,370

4 Beds
4 Baths
1,951 Sq Ft
$241/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $195,000 $100 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,696/month

87 Days on Market

Highlights

  • RV Access or Parking
  • Tile Flooring
  • South Facing Home
  • No HOA
  • Central Heating and Cooling System

About This Home

As of November 2015

If you re looking for a great investment here it is! Vaulted ceilings and tile floors; this property has been well maintained and has a great rental track record. Currently occupied, the long term tenants are icing on the cake!,

Last Agent to Sell the Property

Dwayne Patterson

RE/MAX Prestige Properties License #BR541737000 Listed on: 08/05/2015

RE/MAX Prestige Properties

Co-Listed By

Dorothy Gregg

Re/Max By The Lake

Last Buyer's Agent

Linda Bell

Coldwell Banker Realty License #SA539023000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,047

Year Built

  • Built in 2002

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100 x 125
  • South Facing Home

Parking

  • RV Access or Parking

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Additional Features

  • Tile Flooring
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, all utilities
  • The owner pays for sewer, trash collection, water
  • Legal Lot and Block 2 / 8

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Built by Tony Caputo Builders
  • Lake Havasu City Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,047

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Co List Office Mls Id: 10470
  • Co List Office Phone: 928-855-5444
  • Directions: Kiowa Blvd North to Avalon Ave. Turn right onto Palisades Drive. Duplex is on the left side.
  • New Construction: No
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 2002
  • Lot Size Acres: 0.29
  • Lot Size: 100 x 125
  • Subdivision Name: Lake Havasu City
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Sewer, Trash Collection, Water
  • Flooring: Tile
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Pool Private: No
  • Builder Name: Tony Caputo Builders
  • Construction Type: Stucco
  • Direction Faces: South

Garage/Parking

  • Parking Features: Attached, RV Access/Parking

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 12632.0
  • Zoning Description: R4 Multiple Family Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, All Utilities

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1046.56
  • Tax Block: 8
  • Tax Lot: 2
  • Tax Tract: 2226

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
Aug 5, 2015
Closed on
Nov 13, 2015
Sold by
Barta Joseph Frank
Bought by
Barta Joseph Frank and Barta Sharon D
Seller's Agent
Dwayne Patterson
RE/MAX Prestige Properties
Buyer's Agent
Linda Bell
Coldwell Banker Realty
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%
Current Estimated Value
$469,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,343
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Jun 12, 2002
Sold by
Fisher Tim Michael and Fisher Julie
Bought by
Lamatrice Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
6.74%

Purchase Details

Closed on
May 22, 2001
Sold by
Johnson M Ruth
Bought by
Fisher Tim Michael and Fisher Julie
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
Barta Joseph Frank -- None Available
Barta Joseph Frank -- Stewart Title & Tr Phoenix I
Barta Joseph Frank $195,000 Stewart Title & Tr Phoenix I
Lamatrice Barbara A $164,500 First American Title
Fisher Tim Michael $10,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamatrice Barbara A $191,000
Previous Owner Lamatrice Barbara A $131,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $195,000 -2.5% $100 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $200,000 -- $103 / 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 $1,164 $39,970 $0 $0
2024 $1,164 $32,743 $0 $0
2023 $1,164 $21,191 $0 $0
2022 $1,114 $19,277 $0 $0
2021 $1,273 $17,229 $0 $0
2019 $1,212 $16,812 $0 $0
2018 $1,172 $15,234 $0 $0
2017 $1,161 $12,695 $0 $0
2016 $1,056 $12,797 $0 $0
2015 $1,014 $10,404 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 905493

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 104-40-108