NOT LISTED FOR SALE

2954 Gypsy Dr Lake Havasu City, AZ 86406

Estimated Value: $437,069 - $525,000

-- Bed
4 Baths
2,224 Sq Ft
$213/Sq Ft Est. Value

Last Sold January 07, 2016

Last sale price $190,000 $85 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,540/month

377 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Carpet
  • Corner Lot
  • Central Air
  • Heat Pump System

About This Home

As of January 2016

Duplex located in an area of many single family homes. Large .37 acre corner lot. Both units are currently rented on month to month leases and both tenants would like to stay. Both units are 2 bedroom 2 bath units with spacious living areas and kitchens. Laundry room in both units as well. Property is being sold in As-Is condition due to the fact that owner has not seen property in several years. Property is managed by a property management company. Lot is zoned R3 so more units can be built or garages.,

Last Agent to Sell the Property

Joel Selman

Selman And Associates License #BR005988000 Listed on: 11/26/2014

Last Buyer's Agent

Jeanne Latta

Realty ONE Group Mountain Desert License #SA542887000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,137

Year Built

  • Built in 1988

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 157x79x160x115
  • Corner Lot

Parking

  • RV Access or Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Legal Lot and Block 4 / 14

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Built by Lambert Construction
  • Lake Havasu City Subdivision

Building Details

  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,137

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Directions: Up Jamaica, right on Chemehuevi, left on Gypsy Drive. On the corner of Gypsy Drive and Chemehuevi Blvd.
  • New Construction: No
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 1988
  • Lot Size Acres: 0.37
  • Lot Size: 157x79x160x115
  • Subdivision Name: Lake Havasu City
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Flooring: Carpet, Vinyl
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • Builder Name: Lambert Construction
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Parking Features: Attached, RV Access/Parking

Utilities

  • Utilities: Electricity Available
  • Cooling: Heat Pump, Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: 110 Volts, 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 16117.0
  • Zoning Description: R3 Limited-Multiple Family Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1137.0
  • Tax Block: 14
  • Tax Lot: 4
  • Tax Tract: 2271

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2020
Sold by
Lewison Michael
Bought by
Lewison Michael
Current Estimated Value
$474,517

Purchase Details

Listed on
Nov 26, 2014
Closed on
Jan 5, 2016
Sold by
Parillo Rick and Himmelberg Laura
Bought by
Fertig Frank Lee
Seller's Agent
Joel Selman
Selman And Associates
Buyer's Agent
Jeanne Latta
Realty ONE Group Mountain Desert
List Price
$229,900
Sold Price
$190,000
Premium/Discount to List
-$39,900
-17.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$130,000
Outstanding Balance
$102,979
Interest Rate
3.92%
Mortgage Type
Seller Take Back
Estimated Equity
$371,538

Purchase Details

Listed on
Nov 26, 2014
Closed on
Dec 18, 2015
Sold by
Fertig Frank Lee
Bought by
Lewison Michael
Seller's Agent
Joel Selman
Selman And Associates
Buyer's Agent
Jeanne Latta
Realty ONE Group Mountain Desert
List Price
$229,900
Sold Price
$190,000
Premium/Discount to List
-$39,900
-17.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$102,979
Interest Rate
3.92%
Mortgage Type
Seller Take Back
Estimated Equity
$371,538

Purchase Details

Closed on
Mar 9, 2006
Sold by
Klostermeier Arien L and Klostermeier Diane L
Bought by
Fertig Frank Lee and Parillo Rick
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
Lewison Michael -- None Available
Fertig Frank Lee -- Chicago Title Agency Inc
Lewison Michael $190,000 Chicago Title Agency Inc
Fertig Frank Lee $275,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewison Michael $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2016 01/07/16 Sold $190,000 -17.4% $85 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
11/26/2014 11/26/14 For Sale $229,900 -- $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 $531 -- -- --
2025 $1,075 $45,562 $0 $0
2024 $1,075 $37,325 $0 $0
2023 $1,075 $24,156 $0 $0
2022 $1,035 $21,974 $0 $0
2021 $1,215 $19,639 $0 $0
2019 $1,157 $18,518 $0 $0
2018 $1,120 $17,366 $0 $0
2017 $1,101 $16,355 $0 $0
2016 $981 $14,587 $0 $0
2015 $1,137 $11,859 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joel Selman

    Selman And Associates

    (928) 486-5450

    1 in this area

    6 Total Sales

    Joel Selman
    Section Image

  • J

    Buyer's Agent in 2016

    Jeanne Latta

    Realty ONE Group Mountain Desert

See All Agents

Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 897047

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 105-15-127

Arizona Mohave County Lake Havasu City 86406

2954 Gypsy Dr, Lake Havasu City, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Western Arizona REALTOR® Data Exchange (WARDEX) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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