NOT LISTED FOR SALE

2885 Papeete Dr Lake Havasu City, AZ 86404

Estimated Value: $422,000 - $471,000

3 Beds
3.5 Baths
1,260 Sq Ft
$355/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $235,000 $187 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,403/month

91 Days on Market

Highlights

  • Gunite Pool
  • Panoramic View
  • Open Floorplan
  • Primary Bedroom Suite
  • Reverse Osmosis System
  • No HOA

About This Home

As of March 2018

3 bedroom home with solar heated pool and look out deck for amazing lake views... Home has great bones and tons of room on side yard to park your toys or add a garage.

Last Agent to Sell the Property

Gregory Hardy

Havasu Realty License #BR514413000 Listed on: 11/18/2017

Co-Listed By

Linda Hardy

Havasu Realty License #SA527212000

Last Buyer's Agent

Cameron Bookey

Long River Realty Parker License #SA662992000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,044

Year Built

  • Built in 1985

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 92x116x20x117
  • Wrought Iron Fence
  • Back Yard Fenced
  • Property is zoned L-R-1 Single-Family Residential

Property Views

  • Lake
  • Panoramic
  • Mountain

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,260 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Dining Area

Kitchen

  • Dishwasher
  • Laminate Countertops
  • Disposal
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in Garage
  • Electric Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Gunite Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned
  • Public Septic

Community Details

  • No Home Owners Association
  • Lake Havasu City Subdivision

Listing and Financial Details

  • Tax Block 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,044

Year Built

Built in 1985

Lot Details

0

Listing Details

  • FILLACRES: 0.27
  • ApxLotDim: 92x116x20x117
  • Directions: Palo Verde S to Meadows to Papeete
  • Listing Member Name: Gregory Hardy
  • List Type: Exclusive Agency
  • Lot Sq Ft: 11761.00
  • Prop. Type: Residential
  • Selling Member Short Id: cbookey
  • OFFICELIST_STATE: AZ
  • Year Built: 1985
  • MasterBRBA: 1 Master Suite
  • OCCUPANCY: Owner
  • Property Sub Type: Single Family Residence
  • Special Features: None

Interior Features

  • Three Quarter Bathrooms: 1
  • Appliances Equipment: Dishwasher, Disposal, Dryer-Electric, Garage Door Opener(s), Refrigerator, RO System-Own, Washer, Water Heater-Elec, Water Softener-Owned
  • Estimated Living Sq Ft: 1260.00
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: No
  • Lower Floor 1 Half Bathrooms: 1
  • Limited Service: No
  • Split Bedroom: Yes
  • Total Bathrooms: 2.00
  • Interior Amenities: Casual Dining, Ceiling Fan(s), Counters-Laminate, Open Floorplan, Rear Kitchen, Walk-In Closet(s)
  • New Construction: No

Exterior Features

  • Builder Name: unknown
  • Exterior Construction: Stucco, Wood Frame
  • Fencing: Back Yard, Wrought Iron
  • Lot: 25
  • Pool: Private
  • Street: Papeete
  • Roof: Shingle
  • Pool Features: Gunite

Garage/Parking

  • ApxGarageDepth: 22-27
  • Garage Spaces: 2
  • Garage/Parking: Attached, Motor Home Parking 10Ft +wide
  • SideParking: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Hot Water: City

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 1044.00

Lot Info

  • Lot Description: View-Lake, View-Mountains, View-Panoramic
  • Zoning: L-R-1 Single-Family Residential

Green Features

  • Green Features: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2021
Sold by
Espinoza Misha
Bought by
Espinoza Misha and Goetsch Bryan Anthony
Current Estimated Value
$447,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Outstanding Balance
$205,248
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$242,399

Purchase Details

Listed on
Nov 18, 2017
Closed on
Mar 21, 2018
Sold by
Hofsiss Richard W and The Richard W Hofsiss And Bett
Bought by
Espinoza Misha
Seller's Agent
Gregory Hardy
Havasu Realty
Buyer's Agent
Cameron Bookey
Long River Realty Parker
List Price
$247,500
Sold Price
$235,000
Premium/Discount to List
-$12,500
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$230,743
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2016
Sold by
Hofsiss Richard W
Bought by
Hofsiss Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 21, 2006
Sold by
Hofsiss Richard W and Hofsiss Betty J
Bought by
Hofsiss Richard W and Hofsiss Betty J

Purchase Details

Closed on
Jul 28, 2005
Sold by
Robinson Shirley R
Bought by
Hofsiss Richard W and Hofsiss Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
5.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1999
Sold by
Robinson Shirley R
Bought by
Robinson Shirley R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Espinoza Misha -- Fidelity National Title
Espinoza Misha $235,000 Pioneer Title Agency Inc
Hofsiss Richard W -- Stewart Title Arizona Agency
Hofsiss Richard W -- Stewart Title Arizona Agency
Hofsiss Richard W -- None Available
Hofsiss Richard W $244,900 First American Title Ins Co
Robinson Shirley R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinoza Misha $226,000
Closed Espinoza Misha $230,743
Previous Owner Hofsiss Richard W $115,000
Previous Owner Hofsiss Richard W $44,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $235,000 -5.1% $187 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
11/18/2017 11/18/17 For Sale $247,500 -- $196 / 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 $570 -- -- --
2025 $1,155 $33,583 $0 $0
2024 $1,155 $38,403 $0 $0
2023 $1,155 $30,914 $0 $0
2022 $1,112 $22,738 $0 $0
2021 $1,296 $21,394 $0 $0
2019 $1,233 $17,915 $0 $0
2018 $1,193 $16,412 $0 $0
2017 $1,174 $15,588 $0 $0
2016 $1,044 $14,136 $0 $0
2015 $1,017 $12,259 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 934816

Lake Havasu Association of REALTORS®

APN: 104-45-250