NOT LISTED FOR SALE

925 Cashmere Dr Lake Havasu City, AZ 86404

Estimated Value: $342,000 - $506,000

-- Bed
4 Baths
2,135 Sq Ft
$211/Sq Ft Est. Value

Last Sold September 26, 2016

Last sale price $157,000 $74 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,471/month

64 Days on Market

Highlights

  • Corner Lot
  • Two cooling system units
  • Multiple Heating Units
  • No HOA
  • Carpet

About This Home

As of September 2016

Great investment opportunity on this duplex. Corner lot. Unit 1 has 2 bed 1 bath, laundry room, new AC unit (2015) and side parking. Unit 2 has 2 bed 1 bath, Arizona room, 2 car garage, small fenced yard. Some lake views from front and side of property. SOLD SUBJECT TO TENANTS RIGHTS.,

Last Agent to Sell the Property

Patty Caperon

Coldwell Banker Realty License #SA639362000 Listed on: 06/24/2016

Last Buyer's Agent

Erika McPherson

Lake Havasu City Properties License #SA655956000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,204

Year Built

  • Built in 1969

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80 x 125
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Laminate

Utilities

  • Two cooling system units
  • Multiple Heating Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for sewer, trash collection, water
  • Legal Lot and Block 46 / 13

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lake Havasu City Subdivision

Building Details

  • 2 Units Leased Month-To-Month
  • Gross Income $16,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,204

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Directions: Kiowa Blvd N to Cashmere Dr or Havasupai to Cashmere Dr
  • New Construction: No
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 1969
  • Lot Size Acres: 0.24
  • Lot Size: 80 X 125
  • Subdivision Name: Lake Havasu City
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Sewer, Trash Collection, Water
  • Flooring: Carpet, Laminate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Block, Stucco

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: 2 Units
  • Cooling Y N: Yes
  • Heating: Multiple Heating Units
  • Heating Yn: Yes
  • Electric: 110 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning Description: R2 Two-Family Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1204.28
  • Tax Block: 13
  • Tax Lot: 46
  • Tax Tract: 2226

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 16440.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2018
Sold by
Portz John J and Portz Katherine M
Bought by
Mendoza Jose Daniel Chavez
Current Estimated Value
$450,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,270
Outstanding Balance
$152,076
Interest Rate
4.9%
Mortgage Type
Seller Take Back
Estimated Equity
$298,535

Purchase Details

Listed on
Jun 24, 2016
Closed on
Aug 19, 2016
Sold by
Mitchell Connie Frances
Bought by
Portz John J and Portz Katherine M
Seller's Agent
Patty Caperon
Coldwell Banker Realty
Buyer's Agent
Erika McPherson
Lake Havasu City Properties
List Price
$159,900
Sold Price
$157,000
Premium/Discount to List
-$2,900
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.23%

Purchase Details

Closed on
Oct 4, 2010
Sold by
Mitchell George
Bought by
Mitchell Connie Frances

Purchase Details

Closed on
Jul 13, 2010
Sold by
Beulke Dwayne A and Beulke Virginia A
Bought by
Us Bank National Association

Purchase Details

Closed on
Oct 11, 2001
Sold by
Taormina Susan M
Bought by
Beulke Dwayne A and Beulke Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.57%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Mendoza Jose Daniel Chavez $177,645 Pioneer Title Agency Inc
Portz John J $157,000 Pioneer Title Agency Inc
Mitchell Connie Frances -- First American Title Ins Co
Mitchell Connie Frances $62,500 First American Title Ins Co
Us Bank National Association $75,000 Accommodation
Beulke Dwayne A $65,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Jose Daniel Chavez $172,270
Previous Owner Beulke Dwayne A $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2016 09/26/16 Sold $157,000 -1.8% $74 / Sq Ft
08/27/2016 08/27/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $159,900 -- $75 / 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 -- -- -- --
2025 $1,147 $43,739 $0 $0
2024 $1,147 $35,831 $0 $0
2023 $1,147 $23,189 $0 $0
2022 $1,104 $21,095 $0 $0
2021 $1,287 $18,854 $0 $0
2019 $1,225 $18,249 $0 $0
2018 $1,397 $16,671 $0 $0
2017 $1,384 $13,901 $0 $0
2016 $1,256 $14,003 $0 $0
2015 $1,204 $11,385 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Arizona REALTOR® Data Exchange (WARDEX)

MLS Number: 916589

Western Arizona REALTOR® Data Exchange (WARDEX)

APN: 104-40-231