NOT LISTED FOR SALE

2895 Palisades Dr Lake Havasu City, AZ 86404

Estimated Value: $593,000 - $1,161,000

-- Bed
-- Bath
2,300 Sq Ft
$387/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $1,150,000 $500 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $5,119/month

77 Days on Market

Highlights

  • New Construction
  • No HOA
  • Mini Split Air Conditioners
  • Private Pool
  • Attached Garage
  • Tile Flooring

About This Home

As of July 2023

A very rare opportunity to own an amazing duplex! This duplex truly is like no other, from the tall ceilings, high end finishing, 85 x 20 foot double RV garages, to the private pool in each unit. Buy it and keep one side for yourself for all of the toys or rent it all, the options are endless. It is also possible to split these, you would need to do your own due diligence on the process.

Last Agent to Sell the Property

Andy Holthe

Realty ONE Group Mountain Desert-LH Brokerage Phone: 928-412-1883 License #SA677796000 Listed on: 02/28/2023

Realty ONE Group Mountain Desert-LH

Co-Listed By

THE COLLINS TEAM

Realty ONE Group Mountain Desert-LH Brokerage Phone: 928-412-1883 License #SA548857000

Last Buyer's Agent

The Jennifer Luzzi Group

Keller Williams Arizona Living Realty License #SA630303000

Keller Williams Arizona Living Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $381

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x126x100x126
  • Southeast Facing Home

Parking

  • Attached Garage

Home Design

  • Duplex
  • Wood Frame Construction
  • Tile Roof
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 2,300 Sq Ft Home
  • Tile Flooring

Pool

  • Private Pool

Utilities

  • Mini Split Air Conditioners
  • Multiple cooling system units
  • Central Heating and Cooling System
  • Mini Split Heat Pump
  • 400 Amp
  • Public Septic

Community Details

  • No Home Owners Association
  • 2 Units
  • Built by Owner Builder
  • Lake Havasu City Subdivision

Listing and Financial Details

  • Tax Block 8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$381

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • FILLACRES: 0.29
  • ApxLotDim: 100X126X100X126
  • Attribution Contact: 928-412-1883
  • Directions: Kiowa to Simitan to Palisades.
  • Listing Member Name: Andy R Holthe
  • Listing Office Short Id: 14302880
  • List Type: Exclusive Right To Sell
  • Lot Sq Ft: 12502.00
  • Open House Office I D: 20171212181804927138000000
  • Prop. Type: Multi-Family
  • Selling Member Short Id: jlgroup
  • Selling Office Short Id: 143062100
  • OFFICELIST_STATE: AZ
  • Year Built: 2023
  • Estimated Total Sq Ft: 2300.00
  • Multi Type: Duplex
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LOT 4 BLOCK 8 TRACT 2226 LAKE HAVASU CITY
  • Limited Service: No
  • Interior Flooring: Tile
  • New Construction: Yes

Exterior Features

  • Builder Name: Owner Builder
  • Exterior Construction: Stucco, Wood Frame
  • Lot: 4
  • Pool: Private
  • Street: Palisades
  • Roof: Rolled/Hot Mop, Tile

Garage/Parking

  • Garage/Parking: Attached, Door - 13+ Ft Height
  • Unit1GarageDepth: Over 50
  • Unit1GarageDim: 85x20
  • Unit1GarageSpaces: 8
  • Unit1GarageTotal Sq Ft: 1700.00
  • Unit2GarageDepth: Over 50
  • Unit2GarageDim: 85x20
  • Unit2GarageSpaces: 8
  • Unit2GarageTotal Sq Ft: 1700.00

Utilities

  • Cooling: 2+ Units, Central Air, Electric, Ground Mount Unit(s), Mini Split(s)
  • Heating: Central, Electric, Mini Split(s)
  • Sewer: Public Sewer
  • Utilities: 360/400 Amp Panel
  • Hot Water: City

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 381.00

Lot Info

  • Lot Description: Backs to a Wash
  • 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
Feb 28, 2023
Closed on
Jul 24, 2023
Sold by
Demaret Family Limited Partner
Bought by
Mas Roberto and Mas Beatriz
Seller's Agent
Andy Holthe
Realty ONE Group Mountain Desert-LH
Buyer's Agent
The Jennifer Luzzi Group
Keller Williams Arizona Living Realty
List Price
$1,299,999
Sold Price
$1,150,000
Premium/Discount to List
-$149,999
-11.54%
Views
118
Current Estimated Value
$890,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$259,431
Avg. Annual Appreciation
-12.06%
Original Mortgage
$770,000
Outstanding Balance
$754,404
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$136,165

Purchase Details

Closed on
Dec 28, 2012
Sold by
Gilbert Jacqueline L
Bought by
Demaret Family Limited Partnership

Purchase Details

Closed on
Jun 9, 2006
Sold by
Jensen Jeffrey J and Jensen Sandy J
Bought by
Gilbert Jacqueline L

Purchase Details

Closed on
Mar 5, 2004
Sold by
Stockberger Michael
Bought by
Jensen Jeffrey J and Jensen Sandy J

Purchase Details

Closed on
Nov 21, 2002
Sold by
Poligono Anthony G
Bought by
Stockberger Michael
Source: Public Records

Range of Values:

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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
Mas Roberto $1,100,000 Summerlin Title Agency
Demaret Family Limited Partnership -- None Available
Gilbert Jacqueline L $110,000 State Title Agency Inc
Jensen Jeffrey J $77,000 First American Title Ins Co
Stockberger Michael $83,800 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mas Roberto $770,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $1,150,000 -11.5% $500 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $1,299,999 -- $565 / 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 $2,235 -- -- --
2025 $399 $43,186 $0 $0
2024 $399 $16,223 $0 $0
2023 $399 $12,798 $0 $0
2022 $381 $8,937 $0 $0
2021 $525 $8,555 $0 $0
2019 $504 $6,454 $0 $0
2018 $490 $4,087 $0 $0
2017 $486 $4,191 $0 $0
2016 $450 $4,343 $0 $0
2015 $456 $4,147 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 1024974

Lake Havasu Association of REALTORS®

APN: 104-40-110