$59,375
SOLD NOV 19, 2013

705 Malibu Bay Lake Havasu City, AZ 86403

0.08 Acre
$742,188 Price per Acre
3,485 Sq Ft Lot

Recently Sold

$29 Per Sq Ft

26% Below List Price

1,556 Days on Market

Highlights

  • Lake View
  • Cul-De-Sac
  • Level Lot
  • No HOA
  • Bike Trail

About This Lot

As of April 2022

EZ BANK FINANCING ON THIS LOT, JUST 10% DOWN AND A LOW 5% INTEREST RATE. THIS FINANCING IS ONLY AVAILABLE ON THESE BANK OWNED LOTS. OWN YOUR PLACE ON THE ISLAND IN LAKE HAVASU. THIS MASTER PLANNED COMMUNITY IS ONE OF THE HOTTEST PROPERTIES IN TOWN AND ONE OF THE FEW PLACES WERE NEW CONSTRUCTION IS TAKING PLACE BECAUSE THE LOT PRICES ARE SO LOW. CALL TODAY AND PICK OUT YOUR PIECE OF PARADISE. BUY ONE OR BUY THEM ALL, DISCOUNTS WILL APPLY FOR MULTIPLE PARCEL PURCHASES. ALL UNDERGROUND UTILITIES READY TO BUILD.

Last Agent to Sell the Property

Donald Clark

Brooks-Clark And Assoc. License #SA539444000 Listed on: 07/13/2009

Last Buyer's Agent

Cody Cummins

Havasu Realty License #SA631615000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $137

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 45 x 80
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Property is zoned L-R-1 Single-Family Residential

Property Views

  • Lake
  • Mountain

Utilities

  • Underground Utilities
  • Public Septic
  • Phone Available

Listing and Financial Details

  • Tax Block 4

Community Details

Overview

  • No Home Owners Association
  • Grand Island Estates Townhomes Subdivision

Recreation

  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$137

Lot Details

0

Listing Details

  • FILLACRES: 0.08
  • ApxLotDim: 45 X 80
  • Directions: CROSS LONDON BRIDGE TO ISLAND, TAKE BEACHCOMBER TO MALIBU DR WHICH IS THE ENTRANCE TO GRAND ISLAND TOWNHOMES. LOTS ARE MARKED.
  • Listing Member Name: Don Clark
  • Listing Office Short Id: 14301380
  • List Price per Acre: 830000.02
  • List Type: Exclusive Right To Sell
  • Open House Office I D: 20171212181804563227000000
  • Prop. Type: Lots And Land
  • Selling Member Short Id: ccummin
  • Selling Office Short Id: 14301380
  • OFFICELIST_STATE: AZ
  • Restrictions: CCR
  • Road Access Maint: Access-Private Road
  • TotalNumberLots: 1
  • Special Features: 1028
  • Property Sub Type: LotsLands

Interior Features

  • Flood Plain: No
  • Limited Service: No

Exterior Features

  • Lot: 8
  • Street: Malibu Bay
  • Special Information: In Foreclosure

Utilities

  • Sewer: City
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Underground Utilities
  • Hot Water: City

Condo/Co-op/Association

  • Community Amenities: Bike/Jog Trail(s)
  • HOA: No

Fee Information

  • Taxes: 136.84

Lot Info

  • Lot Description: Cleared, Cul-de-sac, Curb and Gutter, Level to Street, Other, View-Lake, View-Mountains
  • Lot Type: Single Family
  • Zoning: L-R-1 Single-Family Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Mar 31, 2022
Sold by
Steinly Jeffrey T and Steinly Savithri
Bought by
Jeffrey T Steinly And Savithri Kunjan-Steinly
Seller's Agent
Michelle Morgan
Platinum Select Properties
Buyer's Agent
Michelle Morgan
Platinum Select Properties
Sold Price
$3,200
Current Estimated Value
$779,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$775,975
Avg. Annual Appreciation
4.77%
Original Mortgage
$467,250
Outstanding Balance
$442,871
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$336,304

Purchase Details

Listed on
Mar 31, 2022
Closed on
Mar 25, 2022
Sold by
Steinly Jeffrey T and Steinly Savithri
Bought by
Jeffrey T Steinly And Savithri Kunjan-Steinly
Seller's Agent
Michelle Morgan
Platinum Select Properties
Buyer's Agent
Michelle Morgan
Platinum Select Properties
Sold Price
$3,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,250
Outstanding Balance
$442,871
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$336,304

Purchase Details

Listed on
May 29, 2014
Closed on
Jun 6, 2014
Sold by
Westland Construction Corporation
Bought by
Cowles Richard L and Cowles Debra A
Seller's Agent
Cummins Behney Team
Brooks-Clark And Assoc.
Buyer's Agent
Kristy Rosenbaum
Arizona Homes of Lake Havasu City, LLC
List Price
$369,000
Sold Price
$389,900
Premium/Discount to List
$20,900
5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$272,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2009
Closed on
Oct 30, 2013
Sold by
Mohave State Bank
Bought by
Westland Construction Corporation
Seller's Agent
Donald Clark
Brooks-Clark And Assoc.
Buyer's Agent
Cody Cummins
Havasu Realty
List Price
$79,900
Sold Price
$59,375
Premium/Discount to List
-$20,525
-25.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1883.26%
Original Mortgage
$427,500
Interest Rate
4.17%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 13, 2009
Closed on
Oct 24, 2013
Sold by
Rf Properties Llc
Bought by
Seasheel Homeowners Association Inc
Seller's Agent
Donald Clark
Brooks-Clark And Assoc.
Buyer's Agent
Cody Cummins
Havasu Realty
List Price
$79,900
Sold Price
$59,375
Premium/Discount to List
-$20,525
-25.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
4.17%
Mortgage Type
Seller Take Back

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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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $667,500 Fidelity National Title
Warranty Deed -- --
Warranty Deed $667,500 Fidelity National Title
Warranty Deed $369,000 Pioneer Title Agency Inc
Warranty Deed $475,000 Chicago Title Agency Inc
Warranty Deed -- Accommodation
Trustee Deed $4,222,714 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $467,250 New Conventional
Closed $467,250 New Conventional
Closed $467,250 New Conventional
Previous Owner $272,000 New Conventional
Previous Owner $121,773 Construction
Previous Owner $427,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2022 05/01/22 Rented $3,200 0.0% --
04/01/2022 04/01/22 Sold $667,500 0.0% $350 / Sq Ft
04/01/2022 04/01/22 Under Contract -- -- --
03/31/2022 03/31/22 For Rent $3,400 0.0% --
02/16/2022 02/16/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $699,900 +79.5% $367 / Sq Ft
07/08/2014 07/08/14 Sold $389,900 +5.7% $194 / Sq Ft
06/08/2014 06/08/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $369,000 +521.5% $183 / Sq Ft
11/19/2013 11/19/13 Sold $59,375 -25.7% $29 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
07/13/2009 07/13/09 For Sale $79,900 -- $40 / 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 $1,421 -- -- --
2025 $2,880 $61,643 $0 $0
2024 $2,880 $64,667 $0 $0
2023 $2,880 $58,352 $0 $0
2022 $2,756 $40,335 $0 $0
2021 $2,953 $39,106 $0 $0
2019 $2,801 $35,449 $0 $0
2018 $2,703 $30,537 $0 $0
2017 $2,676 $29,962 $0 $0
2016 $2,416 $34,525 $0 $0
2015 $2,311 $27,364 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Ticknor

    Seller's Agent in 2022

    Steve Ticknor

    Coldwell Banker Realty

    (503) 213-1535

    500 Total Sales

    Steve Ticknor
    Section Image

  • M

    Seller's Agent in 2022

    Michelle Morgan

    Platinum Select Properties

    119 Total Sales

    Michelle Morgan
    Section Image
  • Lori Fairchild-Swartz

    Buyer's Agent in 2022

    Lori Fairchild-Swartz

    Keller Williams Arizona Living Realty

    (928) 733-7440

    290 Total Sales

    Lori Fairchild-Swartz
    Section Image

  • C

    Seller's Agent in 2014

    Cummins Behney Team

    Brooks-Clark And Assoc.

  • K

    Buyer's Agent in 2014

    Kristy Rosenbaum

    Arizona Homes of Lake Havasu City, LLC

  • Donald Clark

    Seller's Agent in 2013

    Donald Clark

    Brooks-Clark And Assoc.

    (928) 486-7701

    85 Total Sales

    Donald Clark
    Section Image
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Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 831267

Lake Havasu Association of REALTORS®

APN: 107-83-194

Arizona Mohave County Lake Havasu City 86403

705 Malibu Bay, Lake Havasu City, AZ

This home is located at 705 Malibu Bay, Lake Havasu City, AZ 86403 and is currently priced at $59,375, approximately $29 per square foot. 705 Malibu Bay is a home located in Mohave County with nearby schools including Smoketree Elementary School, Thunderbolt Middle School, and Lake Havasu High School.

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.

Lake Havasu Association of REALTORS® 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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