NOT LISTED FOR SALE

700 Malibu Dr Lake Havasu City, AZ 86403

Estimated Value: $1,057,655 - $1,318,000

3 Beds
2.5 Baths
2,375 Sq Ft
$475/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $585,000 $246 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $6,356/month

23 Days on Market

Highlights

  • Garage Cooled
  • Panoramic View
  • Open Floorplan
  • Primary Bedroom Suite
  • Reverse Osmosis System
  • Island Location

About This Home

As of May 2019

ISLAND LIVING....Havasu style! Enjoy up close panoramic lake and mountain views from your living room, kitchen, dining room, master bedroom and covered patio!!! Immaculate home...shows model perfect with large open living space, granite counter tops, SS appliances, lavish master bath and private master balcony! Bottom level features two additional guest bedrooms with jack and jill bathroom and laundry room. HUGE GARAGE.....bring the big toys as this 53 ft deep garage will fit the BIG BOAT and more!! 9 FT HIGH DOOR is great for higher profile boats and garage AC keeps your toys climate controlled! Furnishings are available....your Havasu home awaits!!!

Last Agent to Sell the Property

Donna Ball

Selman And Associates License #SA531100000 Listed on: 03/20/2019

Last Buyer's Agent

Michelle Morgan

Platinum Select Properties License #BR570682000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,691

Year Built

  • Built in 2015

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 54x90
  • Southeast Facing Home
  • Wrought Iron Fence
  • Back Yard Fenced
  • Block Wall Fence
  • Stucco Fence
  • Landscaped
  • Corner Lot
  • Irrigation
  • Property is zoned L-R-1 Single-Family Residential

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • Mountain

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,375 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower in Primary Bathroom

Home Security

  • Prewired Security
  • Fire Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Cooled
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Island Location

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System
  • Underground Utilities
  • Water Softener is Owned
  • Public Septic

Community Details

Overview

  • Built by Palmieri
  • Grand Island Estates Community
  • Grand Island Estates Subdivision
  • Property managed by Amy Telnes Management

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,691

Year Built

Built in 2015

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • FILLACRES: 0.11
  • ApxLotDim: 54x90
  • Directions: On the island...corner of Malibu Dr and Beachcomber Blvd
  • HOAAMQ: Quarterly
  • Listing Member Name: Donna Ball
  • Listing Office Short Id: 1430350
  • List Type: Exclusive Right To Sell
  • Lot Sq Ft: 4792.00
  • Open House Office I D: 20171212181803173164000000
  • Prop. Type: Residential
  • Selling Member Short Id: mmorgan
  • Selling Office Short Id: 143011440
  • OFFICELIST_STATE: AZ
  • Year Built: 2015
  • MasterBRBA: 1 Master Suite, Dual Sinks, Separate Tub/Shower
  • OCCUPANCY: Vacant
  • Building Stories: 2.0
  • Property Sub Type: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances Equipment: Built in Microwave, Dishwasher, Disposal, Fire Sprinklers, Garage Door Opener(s), Gas Oven, Gas Range, RO System-Own, Water Heater-Natural Gas, Water Softener-Owned
  • Estimated Living Sq Ft: 2375.00
  • Lower Floor 1 Bedrooms: 3
  • Lower Floor 1 Half Bathrooms: 1
  • Legal Description: SEC 21 T13N R20W GRAND ISLAND ESTATES AMENDED PARCEL F LOT 1
  • Limited Service: No
  • Interior Flooring: Carpet, Laminate Wood
  • Total Bathrooms: 3.00
  • Interior Amenities: Bathroom-Jack & Jill, Breakfast Bar, Casual Dining, Ceiling Fan(s), Central Vacuum, Counters-Granite/Stone, Great Room, Jetted Tub, Open Floorplan, Pantry, Rear Kitchen, Security Wired, Walk-In Closet(s), Window Coverings
  • New Construction: No

Exterior Features

  • Builder Name: Palmieri
  • Exterior Construction: Stucco, Wood Frame
  • Exterior Features: Balcony, Landscape-Back Yard, Landscape-Front Yard, Patio Covered, Watering System
  • Fencing: Back Yard, Block, Stucco, Wrought Iron
  • Lot: 1
  • Pool: No
  • Street: Malibu
  • Special Information: CCR's, Owner/Licensee
  • Roof: Tile

Garage/Parking

  • ApxGarageDepth: 51-60
  • ApxGarage Sq Ft: 1113.00
  • Garage Spaces: 2
  • Garage/Parking: Air Conditioned, Attached, Door - 9 Ft Height, Finished
  • GarageSpaces10X20: 4
  • SideParking: No

Utilities

  • Cooling: 2+ Units, Central Air, Electric, Ground Mount Unit(s)
  • Heating: 2+ Units, Central, Ground Mount Unit(s), Heat Pump
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Underground Utilities
  • Hot Water: City

Condo/Co-op/Association

  • Community Amenities: Bike/Jog Trail(s), Community Park
  • Subdvision Community Name: Grand Island Estates
  • HOA: Yes
  • HOA Fees: 150.00
  • Hoa Management Company: Amy Telnes Management

Fee Information

  • Taxes: 3691.00

Lot Info

  • Lot Description: Corner Lot, Island, Lake Side of Highway, View-Lake, View-Mountains, View-Panoramic
  • Zoning: L-R-1 Single-Family Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
Apr 25, 2019
Sold by
Brady Shannon M
Bought by
Deason Richard K and Deason Agnes M
Seller's Agent
Donna Ball
Selman And Associates
Buyer's Agent
Michelle Morgan
Platinum Select Properties
List Price
$599,900
Sold Price
$585,000
Premium/Discount to List
-$14,900
-2.48%
Current Estimated Value
$1,127,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,164
Avg. Annual Appreciation
10.90%
Original Mortgage
$468,000
Outstanding Balance
$413,994
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$712,047

Purchase Details

Listed on
May 24, 2016
Closed on
Jul 14, 2016
Sold by
Brady Lorin and Brady Shannon M
Bought by
Brady Shannon M
Seller's Agent
Bobby & Julie Lewis Team
Coldwell Banker Realty
Buyer's Agent
Michelle Morgan
Platinum Select Properties
List Price
$459,900
Sold Price
$453,900
Premium/Discount to List
-$6,000
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$363,120
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2015
Sold by
Caudill Donald G and Caudill Barbara Ann
Bought by
Caudill Donald G and Caudill Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.64%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 24, 2013
Sold by
Rf Properties Llc
Bought by
Seasheel Homeowners Association Inc

Purchase Details

Closed on
Jul 17, 2009
Sold by
Mohave State Bank Inc
Bought by
Caudill Donald G and Caudill Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2009
Sold by
Mohave County Construction
Bought by
Mohave State Bank
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
Deason Richard K $585,000 Premier Title Agency
Brady Shannon M -- Pioneer Title Agency Inc
Brady Shannon M $453,900 Pioneer Title Agency Inc
Caudill Donald G -- Pioneer Title Agency Inc
Seasheel Homeowners Association Inc -- Accommodation
Caudill Donald G $75,000 Pioneer Title Agency Inc
Mohave State Bank $4,222,714 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deason Richard K $468,000
Previous Owner Brady Shannon M $363,120
Previous Owner Caudill Donald G $264,000
Previous Owner Caudill Donald G $264,000
Previous Owner Caudill Donald G $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $585,000 -2.5% $246 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $599,900 +32.2% $253 / Sq Ft
07/29/2016 07/29/16 Sold $453,900 -1.3% $191 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $459,900 -- $194 / 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 $1,967 -- -- --
2025 $3,987 $86,401 $0 $0
2024 $3,987 $92,842 $0 $0
2023 $3,987 $84,843 $0 $0
2022 $3,816 $63,891 $0 $0
2021 $4,037 $57,420 $0 $0
2019 $3,826 $53,474 $0 $0
2018 $3,691 $47,521 $0 $0
2017 $3,653 $46,716 $0 $0
2016 $651 $13,002 $0 $0
2015 $660 $8,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 1005688

Lake Havasu Association of REALTORS®

APN: 107-83-187