NOT LISTED FOR SALE

3700 Lost Dutchman Dr Lake Havasu City, AZ 86406

Estimated Value: $564,000 - $676,000

7 Beds
6 Baths
3,552 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 30, 2012

Last sale price $180,000 $51 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $3,390/month

385 Days on Market

Highlights

  • Private Pool
  • Tile Flooring
  • Laundry Facilities
  • No HOA
  • Central Heating and Cooling System
  • North Facing Home

About This Home

As of August 2012

Fully rented 4-plex includes 2 buildings. Two ground level units, 10 steps up to two more units, all single level living spaces. (3) 2 bed units and (1) 1 bedroom. Two of the units feature two baths. Well maintained complex is situated on .3 acre lot, mature palm trees, large inviting in-ground gunite pool. Covered parking for 6 vehicles. Common laundry. On site manager loves the property and would like to remain in position creating a great investment opportunity for a smooth owner transition. Call for details.,

Last Agent to Sell the Property

Lynette Fisher

LH Keller Williams Arizona Living Realty License #BR038249000 Listed on: 07/12/2011

Last Buyer's Agent

Lori Booth

Have Fun Realty, LLC License #BR568755000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,817

Year Built

  • Built in 1973

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 88 x 131 x 109 x 128
  • North Facing Home
  • Sprinkler System

Parking

  • 3 Carport Spaces

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for grounds care, sewer, trash collection, water
  • Legal Lot and Block 8 / 13

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Built by Lakeside Builders
  • Lake Havasu City Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Building Details

  • 4 Units Leased Month-To-Month
  • Insurance Expense $1,555
  • Gross Income $23,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,817

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Directions: Hwy 95 South to Oro Grande Blvd or S McCulloch Blvd, take Buena Vista Avenue, to Lost Dutchman Drive.
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Year Built: 1973
  • Lot Size Acres: 0.3
  • Lot Size: 88 x 131 x 109 x 128
  • Subdivision Name: Lake Havasu City
  • Carport Y N: Yes
  • ResoBuildingAreaSource: Owner
  • Special Features: 4108

Interior Features

  • Number Of Buildings: 2
  • Owner Pays: Grounds Care, Sewer, Trash Collection, Water
  • Flooring: Carpet, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Sprinkler/Irrigation
  • Roof: Shingle
  • Pool Features: Private
  • Pool Private: Yes
  • Builder Name: Lakeside Builders
  • Construction Type: Stucco, Wood Frame
  • Direction Faces: North

Garage/Parking

  • Carport Spaces: 3.0
  • Parking Features: Attached, Carport, Three or more Spaces

Utilities

  • Laundry Features: Coin-operated
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 110 Volts, 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Laundry Facilities
  • Association: No

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Zoning Description: R3 Limited-Multiple Family Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1817.36
  • Tax Block: 13
  • Tax Lot: 8
  • Tax Tract: 2217

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 23100.0
  • Insurance Expense: 1555.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2011
Closed on
Aug 24, 2012
Sold by
Rosetti Cheryl L
Bought by
Rosetti Victor M
Seller's Agent
Lynette Fisher
LH Keller Williams Arizona Living Realty
Buyer's Agent
Lori Booth
Have Fun Realty, LLC
List Price
$259,900
Sold Price
$180,000
Premium/Discount to List
-$79,900
-30.74%
Current Estimated Value
$631,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,000
Avg. Annual Appreciation
9.99%
Original Mortgage
$135,000
Outstanding Balance
$92,771
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$538,229

Purchase Details

Closed on
Jun 12, 2012
Sold by
Trulillo Darlene A
Bought by
Rosetti Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Trujillo Jose M and Trujillo Darlene A
Bought by
Trujillo Jose S and Trujillo Darlene A

Purchase Details

Closed on
May 21, 2004
Sold by
Cooke Karen M
Bought by
Trujillo Jose S and Trujillo Darlene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.92%
Mortgage Type
New Conventional
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
Rosetti Victor M -- Stewart Title & Trust Of Pho
Rosetti Victor M $180,000 Stewart Title & Trust Of Pho
Trujillo Jose S -- None Available
Trujillo Jose S $340,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosetti Victor M $135,000
Previous Owner Rosetti Victor M $135,000
Previous Owner Trujillo Jose S $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2012 08/30/12 Sold $180,000 -30.7% $51 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
07/12/2011 07/12/11 For Sale $259,900 -- $73 / 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 $1,045 -- -- --
2025 $2,119 $72,769 $0 $0
2024 $2,119 $59,613 $0 $0
2023 $2,119 $38,580 $0 $0
2022 $2,027 $35,095 $0 $0
2021 $2,208 $31,366 $0 $0
2019 $2,096 $28,557 $0 $0
2018 $2,024 $27,735 $0 $0
2017 $2,004 $23,808 $0 $0
2016 $1,813 $23,297 $0 $0
2015 $1,736 $18,941 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lynette Fisher

    LH Keller Williams Arizona Living Realty

  • L

    Buyer's Agent in 2012

    Lori Booth

    Have Fun Realty, LLC

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 857394

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 114-06-140E

Arizona Mohave County Lake Havasu City 86406

3700 Lost Dutchman 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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