NOT LISTED FOR SALE

3960 Powderhorn Dr Lake Havasu City, AZ 86404

Estimated Value: $1,034,000 - $1,586,000

3 Beds
2.5 Baths
2,441 Sq Ft
$506/Sq Ft Est. Value

Last Sold March 09, 2015

Last sale price $325,000 $133 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $6,687/month

841 Days on Market

Highlights

  • Horses Allowed On Property
  • 1.63 Acre Lot
  • Multiple Fireplaces
  • Panoramic View
  • Mountainous Lot
  • Separate Formal Living Room

About This Home

As of March 2015

Equestrian home on almost 2 acres (1.90 acre) of panoramic view property. This is a fixer upper, however lots of potential on a huge parcel of land. Family and living room, formal dining room, picture windows, view decks, tile and wood floors. Great potential.

Last Agent to Sell the Property

Dean Baker

Lake Havasu City Properties License #BR145855000 Listed on: 10/19/2012

Last Buyer's Agent

Bob Michaels

Lake Havasu City Properties License #SA517050000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1979

Lot Details

  • 1.63 Acre Lot
  • Lot Dimensions are 200x385x210x326
  • Stucco Fence
  • Landscaped
  • Mountainous Lot
  • Zoning described as R1 Single-Family Residential

Parking

  • 2 Car Garage

Property Views

  • River
  • Lake
  • Panoramic
  • Mountain

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Tile Roof
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 2,441 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Separate Formal Living Room

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Additional Features

  • Horses Allowed On Property
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lake Havasu City Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,968

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Directions: Bison Blvd to Powederhorn
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1979
  • Horses: Yes
  • Lot Size Acres: 1.63
  • Lot Size: 200x385x210x326
  • Subdivision Name: Lake Havasu City
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Separate/Formal Dining Room, Dual Sinks, Walk-In Closet(s)
  • Appliances: Electric Oven, Electric Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Dining-Formal DR,Rear Kitchen,Walk-In Closet(s)
  • Fireplace Features: Two
  • Living Area: 2441.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Landscaping
  • Fencing: Stucco Wall
  • Roof: Rolled/Hot Mop, Tile
  • View: Casino, Lake, Mountain(s), Panoramic, River
  • Lot Features: Street Level
  • Pool Features: None
  • Pool Private: No
  • Topography: Mountainous
  • View: Yes
  • Builder Name: Unknown
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Balcony, Covered, Patio
  • Property Condition: Fixer

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Finished Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 110 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 71205.0
  • Zoning Description: R1 Single-Family Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1967.84
  • Tax Block: 6
  • Tax Lot: 7
  • Tax Tract: 2295

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Russell Todd A and Russell Jodi Ann
Bought by
Russell Joint Trust and Russell
Current Estimated Value
$1,235,777

Purchase Details

Listed on
Oct 19, 2012
Closed on
Feb 17, 2015
Sold by
Russell Jodi Ann
Bought by
Russell Todd A
Seller's Agent
Dean Baker
Lake Havasu City Properties
Buyer's Agent
Bob Michaels
Lake Havasu City Properties
List Price
$385,000
Sold Price
$325,000
Premium/Discount to List
-$60,000
-15.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$308,750
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2012
Closed on
Jan 23, 2015
Sold by
Urso Anthony L and Urso Mary Jo Vita
Bought by
Russell Todd A
Seller's Agent
Dean Baker
Lake Havasu City Properties
Buyer's Agent
Bob Michaels
Lake Havasu City Properties
List Price
$385,000
Sold Price
$325,000
Premium/Discount to List
-$60,000
-15.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2006
Sold by
Urso Tony L and Urso Mary Jo
Bought by
Urso Anthony L and Urso Mary Jo Vita

Purchase Details

Closed on
Feb 20, 2004
Sold by
Urso Tony L and Urso Mary Jo
Bought by
Urso Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
5.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 28, 2003
Sold by
Schulz Kenneth B and Bryan Schulz Mary Kay
Bought by
Urso Tony L and Urso Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.72%
Mortgage Type
Seller Take Back
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
Russell Joint Trust -- None Listed On Document
Russell Todd A -- Chicago Title Agency Inc
Russell Todd A $325,000 Chicago Title Agency Inc
Urso Anthony L -- None Available
Urso Mary Jo -- Capital Title Agency Inc
Urso Tony L $375,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Todd A $100,000
Previous Owner Russell Todd A $398,250
Previous Owner Russell Todd A $400,000
Previous Owner Russell Todd A $100,000
Previous Owner Russell Todd A $308,750
Previous Owner Urso Mary Jo $361,000
Previous Owner Urso Tony L $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2015 03/09/15 Sold $325,000 -15.6% $133 / Sq Ft
02/07/2015 02/07/15 Pending -- -- --
10/19/2012 10/19/12 For Sale $385,000 -- $158 / 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 $1,229 -- -- --
2025 $2,489 $113,295 $0 $0
2024 $2,489 $120,390 $0 $0
2023 $2,489 $69,839 $0 $0
2022 $2,397 $46,236 $0 $0
2021 $3,040 $48,649 $0 $0
2019 $2,905 $34,360 $0 $0
2018 $2,820 $28,607 $0 $0
2017 $2,778 $27,530 $0 $0
2016 $2,498 $26,716 $0 $0
2015 $2,441 $28,012 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 871631

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 113-13-056A