NOT LISTED FOR SALE

807 Malibu Dr Lake Havasu City, AZ 86403

Estimated Value: $1,129,000 - $1,511,000

3 Beds
5 Baths
2,798 Sq Ft
$499/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $1,500,000 $536 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,510/month

199 Days on Market

Highlights

  • New Construction
  • Gated Community
  • Contemporary Architecture
  • Primary Bedroom Suite
  • Island Location
  • 1-minute walk to Grand Island Park

About This Home

As of August 2024

Welcome to this lavishly designed island home. You'll find 2798 square feet of designer touches in every room. It features 3 bedrooms and 5 bathrooms. It has 2 wet bars, one in the game room on the first floor and one in the living area on the second floor which also features an electric fireplace. There is an elevator and a 3rd story view deck accessible from the spiral staircase on the second floor. The chef's kitchen comes equipped with KitchenAid appliances including a 48'' Refrigerator. The garage measures 21' wide and 50' deep and has a 14' door plus a rear garage door and a half bathroom. The backyard is big enough for a private pool and/or firepit.

Last Agent to Sell the Property

A Team

Coldwell Banker Realty Brokerage Email: HavasuHero@gmail.com License #SA579968000 Listed on: 01/11/2024

Coldwell Banker Realty

Last Buyer's Agent

A Team

Coldwell Banker Realty Brokerage Email: HavasuHero@gmail.com License #SA579968000 Listed on: 01/11/2024

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $659

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4,095 Sq Ft Lot
  • Lot Dimensions are 52x85x43x85
  • East Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped
  • Level Lot
  • Irrigation
  • Property is zoned L-R-1 Single-Family Residential

HOA Fees

  • $72 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 2,798 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Ceiling Fan
  • Dining Area
  • Tile Flooring
  • Fire Sprinkler System

Kitchen

  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Dual Sinks
  • Low Flow Toliet
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Exterior Access Door
  • Garage Door Opener

Utilities

  • Mini Split Air Conditioners
  • Heat Pump System
  • Underground Utilities
  • 101 to 200 Amp Service
  • Public Septic

Additional Features

  • Hard or Low Nap Flooring
  • Balcony
  • Island Location

Community Details

Overview

  • Built by Amerizona
  • Malibu Community
  • Lake Havasu City Subdivision
  • Property managed by Amy Telnes

Recreation

  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$659

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$72 per month

Listing Details

  • FILLACRES: 0.09
  • ApxLotDim: 52x85x43x85
  • Attribution Contact: HavasuHero@gmail.com
  • Directions: Cross London Bridge go straight at the stop turn right at Malibu Dr house is on the left
  • GreenFeatures_02: Hard Surface Floors, Low Flow Toilets
  • HOAAMQ: Quarterly
  • Leased Land: No
  • Listing Member Name: A Team
  • Listing Office Short Id: cresidbrkr
  • List Type: Exclusive Right To Sell
  • Lot Sq Ft: 4095.00
  • Open House Office I D: 20180413210548930485000000
  • Prop. Type: Residential
  • Selling Member Short Id: ateam
  • Selling Office Short Id: cresidbrkr
  • OFFICELIST_STATE: AZ
  • Year Built: 2024
  • MasterBRBA: 1 Master Suite, Dual Sinks, Exterior Access Door, Master Upstairs, Shower Only
  • OCCUPANCY: Vacant
  • Building Stories: 2.0
  • Building Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Three Quarter Bathrooms: 3
  • Appliances Equipment: Built in Microwave, Dishwasher, Disposal, Fire Sprinklers, Garage Door Opener(s), Gas Range, Refrigerator, Water Heater-Natural Gas
  • Estimated Living Sq Ft: 2798.00
  • Lower Floor 1 Bedrooms: 3
  • Lower Floor 1 Half Bathrooms: 2
  • Legal Description: LOT 119 GRAND ISLAND ESTATES PARCEL F AMD
  • Limited Service: No
  • Interior Flooring: Tile
  • Split Bedroom: Yes
  • Total Bathrooms: 5.00
  • Interior Amenities: Casual Dining, Ceiling Fan(s), Counters-Granite/Stone, Elevator, Kitchen Island, Pantry, Wet Bar
  • New Construction: Yes

Exterior Features

  • Builder Name: Amerizona
  • Exterior Construction: Stucco, Wood Frame
  • Exterior Features: Balcony, Landscape-Front Yard, Watering System
  • Fencing: Block, Wrought Iron
  • Lot: 119
  • Pool: No
  • Street: Malibu
  • Special Information: CCR's
  • Roof: Rolled/Hot Mop

Garage/Parking

  • ApxGarageDepth: 46-50
  • Garage Spaces: 2
  • Garage/Parking: Door - 14+ Ft Height, Epoxy Floor
  • GarageSpaces10X20: 4
  • SideParking: No

Utilities

  • Cooling: Electric, Ground Mount Unit(s), Mini Split(s)
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Utilities: 200 Amp Panel, Natural Gas Available, Natural Gas Connected, Underground Utilities
  • Hot Water: City

Condo/Co-op/Association

  • Community Amenities: Bike/Jog Trail(s), Gated
  • Subdvision Community Name: Malibu
  • HOA: Yes
  • HOA Fees: 216.00
  • Hoa Management Company: Amy Telnes

Fee Information

  • Taxes: 659.00

Lot Info

  • Lot Description: Island, Level to Street
  • Zoning: L-R-1 Single-Family Residential

Green Features

  • Solar: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Aug 29, 2024
Sold by
Merilatt Gregory K and Merilatt Kathleen K
Bought by
Gregory K Merilatt Trust and Merilatt
Seller's Agent
A Team
Coldwell Banker Realty
Buyer's Agent
A Team
Coldwell Banker Realty
List Price
$1,500,000
Sold Price
$1,500,000
Views
27
Current Estimated Value
$1,396,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,293
Avg. Annual Appreciation
-6.17%
Original Mortgage
$850,000
Outstanding Balance
$840,976
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$555,731

Purchase Details

Listed on
Jan 11, 2024
Closed on
Aug 1, 2024
Sold by
Clarke Gregory C
Bought by
Clarke Gregory C and Briley-Clarke Dennette M
Seller's Agent
A Team
Coldwell Banker Realty
Buyer's Agent
A Team
Coldwell Banker Realty
List Price
$1,500,000
Sold Price
$1,500,000
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$840,976
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$555,731

Purchase Details

Closed on
Sep 14, 2020
Sold by
Ace S Development Corporation
Bought by
Clarke Gregory C

Purchase Details

Closed on
Mar 25, 2016
Sold by
Ap Mortgage Group Llc
Bought by
Aces Development Corporation

Purchase Details

Closed on
Mar 2, 2016
Sold by
A Diamond Key Master Planned Community L
Bought by
Ap Mortgage Group Llc
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
Gregory K Merilatt Trust -- Pioneer Title Agency
Merilatt Gregory K $1,500,000 Pioneer Title Agency
Clarke Gregory C -- Pioneer Title Agency
Clarke Gregory C $285,000 Summerlin Title Agency Llc
Aces Development Corporation $260,000 Chicago Title Agency Inc
Ap Mortgage Group Llc $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merilatt Gregory K $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $1,500,000 -9.1% $536 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
05/16/2024 05/16/24 Price Changed $1,649,900 +10.0% $590 / Sq Ft
01/11/2024 01/11/24 For Sale $1,500,000 -- $536 / 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 -- -- -- --
2025 $659 $21,162 $0 $0
2024 $659 $22,545 $0 $0
2023 $659 $17,051 $0 $0
2022 $631 $15,276 $0 $0
2021 $780 $15,242 $0 $0
2019 $745 $9,698 $0 $0
2018 $723 $8,163 $0 $0
2017 $716 $7,339 $0 $0
2016 $657 $8,989 $0 $0
2015 $633 $5,589 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Havasu Association of REALTORS®

MLS Number: 1028722

Lake Havasu Association of REALTORS®

APN: 107-83-393