NOT LISTED FOR SALE

331 Cottonwood Dr Lake Havasu City, AZ 86403

Estimated Value: $319,000 - $444,000

-- Bed
2 Baths
1,565 Sq Ft
$243/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $395,000 $252 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,084/month

30 Days on Market

About This Home

As of April 2023

This is one of the cutest duplexes in Lake Havasu located on an oversized lot w/ underground utilities in an absolutely fantastic central location of Havasu. Walking/biking distance to downtown, island, groceries store's & activities that Lake Havasu offers. Owner currently occupies unit A and unit B is currently rented. Photos of this property do not do this duplex justice. Great feel, immaculately maintained w/ new windows for both units, remodeled kitchen & bath in Unit A & massive parking, including 3+ spaces as well as a carport for unit B & tandem parking for unit A that offers RV hookups & carport as well. Unit B has been updated within the last 20 years & offers a charming blend of cool original vibes w/ subtle updates. It's absolutely darling. Each unit has private, enclosed laundry rooms, sliding doors to the truly oversized & fully walled backyard. There's even a bit of a lake view. Tremendous pride of ownership is very evident upon viewing. Large lot may allow additional garage space to be built if desired by future owner. The Wow factor of this wonderful duplex goes on & on & on. You will love this property!!!

Last Agent to Sell the Property

Robert L

Re/Max By The Lake License #sa551338000 Listed on: 02/16/2023

Re/Max By The Lake

Last Buyer's Agent

Robert L

Re/Max By The Lake License #sa551338000 Listed on: 02/16/2023

Re/Max By The Lake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $893

Year Built

  • Built in 1975

Lot Details

  • 10,411 Sq Ft Lot
  • Lot Dimensions are 80 x 130 x 80 x 129

Home Design

  • 1,565 Sq Ft Home
  • Duplex
  • Wood Frame Construction
  • Block Exterior
  • Stucco

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • Built by Bruce McCay
  • Lake Havasu City Subdivision

Listing and Financial Details

  • Tax Block 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$893

Year Built

Built in 1975

Lot Details

0

Listing Details

  • FILLACRES: 0.24
  • ApxLotDim: 80 x 130 x 80 x 129
  • Directions: Mulberry to White Oak to Cottonwood.
  • Listing Member Name: Bobby & Julie Lewis Team
  • List Type: Exclusive Right To Sell
  • Lot Sq Ft: 10411.00
  • Prop. Type: Multi-Family
  • Selling Member Short Id: lewisteam
  • OFFICELIST_STATE: AZ
  • Year Built: 1975
  • Estimated Total Sq Ft: 1565.00
  • Multi Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LOT 14 BLOCK 3 TRACT 2313 LAKE HAVASU CITY
  • Limited Service: No
  • New Construction: No

Exterior Features

  • Builder Name: Bruce McCay
  • Exterior Construction: Block, Slump Block, Stucco, Wood Frame
  • Lot: 14
  • Pool: No
  • Street: Cottonwood

Garage/Parking

  • Unit1CoveredParkingYN: Yes
  • Unit2CoveredParkingYN: Yes

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: 893.00

Lot Info

  • 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 16, 2023
Closed on
Apr 10, 2023
Sold by
Knowles Larry L and Knowles Jane L
Bought by
Randy & Susan Reeve Living Trust
Seller's Agent
Robert L
Re/Max By The Lake
Buyer's Agent
Robert L
Re/Max By The Lake
List Price
$429,900
Sold Price
$395,000
Premium/Discount to List
-$34,900
-8.12%
Views
214
Current Estimated Value
$380,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,305
Avg. Annual Appreciation
-1.44%
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
Randy & Susan Reeve Living Trust $400,000 Premier Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2023 04/10/23 Sold $395,000 -3.6% $252 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/13/2023 03/13/23 Price Changed $409,900 -4.7% $262 / Sq Ft
02/16/2023 02/16/23 For Sale $429,900 -- $275 / 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 $933 $32,062 $0 $0
2024 $933 $26,265 $0 $0
2023 $933 $16,998 $0 $0
2022 $893 $15,463 $0 $0
2021 $1,048 $13,820 $0 $0
2019 $999 $11,932 $0 $0
2018 $967 $12,220 $0 $0
2017 $958 $12,112 $0 $0
2016 $874 $10,265 $0 $0
2015 $840 $8,345 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert L

    Seller's Agent in 2023

    Robert L

    RE/MAX

    (928) 855-8880

    140 in this area

    160 Total Sales

    Robert L
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Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 1024808

Lake Havasu Association of REALTORS®

APN: 109-31-027

Arizona Mohave County Lake Havasu City 86403

331 Cottonwood Dr, Lake Havasu City, AZ

Not Listed for Sale

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