NOT LISTED FOR SALE

3575 El Rey Ln Lake Havasu City, AZ 86406

Estimated Value: $461,000 - $486,000

4 Beds
4 Baths
2,056 Sq Ft
$232/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $527,000 $256 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,536/month

2 Days on Market

Highlights

  • No HOA
  • Attached Garage
  • Central Air
  • Cul-De-Sac
  • Tile Flooring

About This Home

As of June 2022

Renovated duplex in desirable upper central Lake Havasu city. Located on a quiet cul-de-sac street within walking distance of many neighborhood amenities such as coffee, pizza, arcade, car wash, convenient store and Dollar General. Two separate driveways give plenty of parking exclusive to each unit both having a 2 car garage and fenced in backyard. Unit 101 had a complete refresh in late-2019 with new appliances, fixtures, flooring, and paint. Unit 102 has been updated with new paint and flooring as well as a new set of stainless steel appliances being installed and the A/C unit is less than a year old with a long term tenant in place. Do not disturb tenants, please contact agent.

Last Agent to Sell the Property

G.R.I.T. Home Professionals

eXp Realty Listed on: 04/19/2022

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

  • $1,334

Year Built

  • Built in 2003

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 30.88x139x65x28x65x136
  • Cul-De-Sac

Parking

  • Attached Garage

Home Design

  • 2,056 Sq Ft Home
  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Utilities

  • Central Air
  • Roof Mounted Cooling System
  • Heat Pump System
  • 101 to 200 Amp Service
  • Public Septic

Community Details

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

Listing and Financial Details

  • Tenant pays for cable/satellite, electricity
  • Tax Block 2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,334

Year Built

Built in 2003

Lot Details

0

Listing Details

  • FILLACRES: 0.34
  • ApxLotDim: 30.88x139x65x28x65x136
  • Directions: Jamaica S to El Torro to El Rey.
  • Listing Member Name: G.R.I.T. Home Professionals
  • List Type: Exclusive Right To Sell
  • Lot Sq Ft: 14593.00
  • Prop. Type: Multi-Family
  • Selling Member Short Id: jlgroup
  • OFFICELIST_STATE: AZ
  • Year Built: 2003
  • Estimated Total Sq Ft: 2056.00
  • Multi Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LOT 18 BLOCK 2 TRACT 122 LAKE HAVASU CITY
  • Limited Service: No
  • Interior Flooring: Carpet, Tile
  • New Construction: No

Exterior Features

  • Builder Name: DA Mazzocco Construction
  • Exterior Construction: Stucco, Wood Frame
  • Lot: 18
  • Pool: No
  • Street: El Rey
  • Roof: Shingle

Garage/Parking

  • Garage/Parking: Attached, Door - 7 Ft Height
  • Unit1GarageDepth: 0-21
  • Unit1GarageDim: 18.11x7x21
  • Unit1GarageSpaces: 2
  • Unit2GarageDepth: 0-21
  • Unit2GarageDim: 18.11x7x21
  • Unit2GarageSpaces: 2

Utilities

  • Cooling: Central Air, Roof Mount Unit(s)
  • Heating: Heat Pump, Roof Mount Unit(s)
  • Sewer: Public Sewer
  • Utilities: 200 Amp Panel
  • Hot Water: City

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 1334.00

Lot Info

  • Lot Description: Cul-de-sac
  • Zoning: L-R-2 Two-Family Residential

Rental Info

  • Tenant Pays: Cable/Satellite, Electricity

Multi Family

  • Total Buildings: 1
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
May 17, 2022
Sold by
Shoemaker Living Trust
Bought by
Bumpus Michael Dean and Baligad Monica S
Seller's Agent
G.R.I.T. Home Professionals
eXp Realty
Buyer's Agent
The Jennifer Luzzi Group
Keller Williams Arizona Living Realty
List Price
$550,000
Sold Price
$527,000
Premium/Discount to List
-$23,000
-4.18%
Current Estimated Value
$476,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,642
Avg. Annual Appreciation
-2.92%
Original Mortgage
$227,000
Outstanding Balance
$215,741
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$260,617

Purchase Details

Listed on
Sep 30, 2020
Closed on
Nov 16, 2020
Sold by
Collins Maureen
Bought by
Shoemaker Steven and Shoemaker Wendy V
Seller's Agent
Vicki Runyon
Keller Williams Arizona Living Realty
Buyer's Agent
G.R.I.T. Home Professionals
Keller Williams Arizona Living Realty
List Price
$359,900
Sold Price
$362,400
Premium/Discount to List
$2,500
0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.73%
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2016
Sold by
Destiny Home Builders Llc
Bought by
Collins Maureen

Purchase Details

Closed on
Mar 29, 2006
Sold by
Mclaughlin Brian and Mclaughlin Traci
Bought by
Destiny Home Builders Llc

Purchase Details

Closed on
Dec 27, 2004
Sold by
Collins Stephen and Collins Ruth
Bought by
Destiny Home Builders Llc

Purchase Details

Closed on
Sep 27, 2004
Sold by
Mclaughlin Brian and Mclaughlin Traci M
Bought by
Destiny Home Builders Llc

Purchase Details

Closed on
Feb 27, 2003
Sold by
Trayer John B and Trayer Jane C
Bought by
Maclaughlin Brian and Mclaughlin Traci M

Purchase Details

Closed on
Jan 17, 2003
Sold by
Morton Stella M
Bought by
Trayer John B and Trayer Jane C
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
Bumpus Michael Dean $527,000 Premier Title
Shoemaker Steven $362,400 Fidelity Natl Ttl Agcy Inc
Collins Maureen -- Pioneer Title Agency Inc
Destiny Home Builders Llc -- Chicago Title Insurance Co
Destiny Home Builders Llc -- --
Destiny Home Builders Llc -- First American Title Insuran
Maclaughlin Brian $35,000 First American Title Ins Co
Trayer John B $23,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bumpus Michael Dean $227,000
Previous Owner Shoemaker Steven $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2022 06/01/22 Sold $527,000 -4.2% $256 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $550,000 +51.8% $268 / Sq Ft
11/18/2020 11/18/20 Sold $362,400 +0.7% $176 / Sq Ft View Prior Sale
10/08/2020 10/08/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $359,900 -- $175 / 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 $498 -- -- --
2025 $1,009 $42,121 $0 $0
2024 $1,009 $34,506 $0 $0
2023 $1,009 $22,331 $0 $0
2022 $1,174 $20,314 $0 $0
2021 $1,334 $18,156 $0 $0
2019 $1,270 $17,233 $0 $0
2018 $1,228 $16,054 $0 $0
2017 $1,217 $13,317 $0 $0
2016 $1,106 $13,485 $0 $0
2015 $1,061 $10,963 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 1021020

Lake Havasu Association of REALTORS®

APN: 105-03-049