NOT LISTED FOR SALE

722 Malibu Place Lake Havasu City, AZ 86403

Estimated Value: $563,442 - $684,000

3 Beds
2 Baths
1,336 Sq Ft
$471/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $325,000 $243 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,559/month

66 Days on Market

Highlights

  • Primary Bedroom Suite
  • Island Location
  • Granite Countertops
  • Open Floorplan
  • Corner Lot
  • Cul-De-Sac

About This Home

As of August 2018

OWN YOUR PIECE OF PARADISE ON THE ISLAND! This master planned community is one of the hottest properties in town!Underground utilities, newer homes all around. Close to walking paths, bike trail, launch ramps and so much moreThis home is fabulous with granite counter tops, induction oven, high ceilings making the home open and light and custom blinds in master & living room just to name a few things that will make you want to call 722 Malibu Place your home!and by the way ... the garage is pre-wired for its own AC unit! You just have to install it!You've got to see it!

Last Agent to Sell the Property

Michelle Stockman

Lake Havasu City Properties License #BR649875000 Listed on: 05/15/2018

Last Buyer's Agent

Michelle Stockman

Lake Havasu City Properties License #BR649875000 Listed on: 05/15/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,527

Year Built

  • Built in 2016

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 54.38x81.10
  • Cul-De-Sac
  • North Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Property is zoned L-R-1 Single-Family Residential

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,336 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Dining Area
  • Utility Room

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry in Utility Room
  • Washer

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • 101 to 200 Amp Service
  • Public Septic

Additional Features

  • Open Patio
  • Island Location

Community Details

  • Built by Bressman Const LLC
  • Lake Havasu City Subdivision
  • Property managed by Amy Telnes

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,527

Year Built

Built in 2016

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • FILLACRES: 0.10
  • ApxLotDim: 54.38x81.10
  • Directions: Go to IslandTake 2nd Malibu Dr on rightTake left on Malibu Pl
  • HOAAMQ: Quarterly
  • Listing Member Name: Renee Michelle Stockman
  • Listing Office Short Id: 14301006020
  • List Type: Exclusive Right To Sell
  • Lot Sq Ft: 4356.00
  • Open House Office I D: 20171212181804428940000000
  • Prop. Type: Residential
  • Selling Member Short Id: mstockman
  • Selling Office Short Id: 14301006020
  • OFFICELIST_STATE: AZ
  • Year Built: 2016
  • MasterBRBA: 1 Master Suite, Dual Sinks, Master on Main Floor, Shower Only
  • OCCUPANCY: Vacant
  • OccupancyRestrictions: None
  • Building Stories: 1.0
  • Property Sub Type: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances Equipment: Built in Microwave, Dishwasher, Disposal, Refrigerator, Washer
  • Estimated Living Sq Ft: 1336.00
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: No
  • Legal Description: LOT 25 GRAND ISLAND ESTATES PARCEL F AMD
  • Limited Service: No
  • Interior Flooring: Carpet, Tile
  • Split Bedroom: No
  • Total Bathrooms: 2.00
  • Interior Amenities: Breakfast Bar, Casual Dining, Ceiling Fan(s), Counters-Granite/Stone, Open Floorplan, Pantry, Walk-In Closet(s)
  • New Construction: No
  • Other Rooms: Utility Room

Exterior Features

  • Builder Name: Bressman Const LLC
  • Exterior Construction: Stucco, Wood Frame
  • Exterior Features: Landscape-Front Yard, Patio Uncovered
  • Fencing: Back Yard, Block
  • Lot: 25
  • Pool: No
  • Street: Malibu
  • Roof: Tile

Garage/Parking

  • ApxGarageDepth: 37-40
  • Garage Spaces: 3
  • Garage/Parking: Attached, Door - 10 Ft Height, Epoxy Floor, Finished
  • GarageSpaces10X20: 4
  • SideParking: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: 200 Amp Panel, Underground Utilities
  • Hot Water: City

Condo/Co-op/Association

  • HOA: Yes
  • HOA Fees: 150.00
  • Hoa Management Company: Amy Telnes

Fee Information

  • Taxes: 1527.00

Lot Info

  • Lot Description: Corner Lot, Cul-de-sac, Island, Lake Side of Highway, Level to Street, Rd Maintained-Public
  • Zoning: L-R-1 Single-Family Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Jul 27, 2018
Sold by
Smith Mark P and Collins Michael Adam
Bought by
Lee Timothy J and Lee Crystal D
Seller's Agent
Michelle Stockman
Lake Havasu City Properties
Buyer's Agent
Michelle Stockman
Lake Havasu City Properties
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Current Estimated Value
$629,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,611
Avg. Annual Appreciation
9.51%
Original Mortgage
$227,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2016
Sold by
Rf Properties Llc
Bought by
Smith Mark P and Collins Michael Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,480
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2009
Closed on
Sep 11, 2013
Sold by
Mohave State Bank
Bought by
Rf Properties Llc
Seller's Agent
Don Clark
Brooks-Clark And Assoc.
Buyer's Agent
Lynette Fisher
LH Keller Williams Arizona Living Realty
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.69%
Original Mortgage
$117,000
Interest Rate
4.36%
Mortgage Type
New Conventional

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
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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
Lee Timothy J $325,000 Pioneer Title Agency Inc
Smith Mark P $278,400 Pioneer Title Agency Inc
Rf Properties Llc $130,000 Stewart Title & Trust Of Pho
Mohave State Bank $4,222,714 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Crystal D $223,470
Closed Lee Timothy J $227,500
Previous Owner Smith Mark P $264,480
Previous Owner Rf Properties $140,000
Previous Owner Rf Properties Llc $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $325,000 -7.1% $243 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $349,900 +438.3% $262 / Sq Ft
09/20/2013 09/20/13 Sold $65,000 -18.6% --
08/21/2013 08/21/13 Pending -- -- --
07/13/2009 07/13/09 For Sale $79,900 -- --
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 $943 -- -- --
2025 $1,911 $50,365 $0 $0
2024 $1,911 $52,932 $0 $0
2023 $1,911 $43,367 $0 $0
2022 $1,829 $31,656 $0 $0
2021 $2,005 $30,547 $0 $0
2019 $1,904 $26,453 $0 $0
2018 $1,554 $23,656 $0 $0
2017 $1,527 $22,391 $0 $0
2016 $408 $13,002 $0 $0
2015 $653 $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: 1001600

Lake Havasu Association of REALTORS®

APN: 107-83-211