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2040 Chip Drive

2040 Chip Drive, Lake Havasu City, AZ 86406
Property in Mohave
Sold May 11, 2007
$322,000
$257,600 by Countrywide Bank Fsb
Mortgage Due Jun 01, 2037
Sold Mar 15, 2002
$94,000
2040 Chip Drive has been categorized by the local assessors in Lake Havasu City, AZ as a residential type of property. The building on the property was first built in 1983 and is 41 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2040 Chip Drive has 1,444 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,326 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 561 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a covered porch. Love to swim? You'll be excited to find out that there is a both a pool and a spa on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2040 Chip Drive sold most recently in Apr 25, 2007 for a total of $322,000. If you work out the math, that's approximately a cost of $222.99 per sqft. Before that, the property was also sold for $94,000 in Mar 12, 2002. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,401 in taxes each year. 2040 Chip Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $41,530. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 561
  • Parking Space Count: 2
  • Porch Type: Covered porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,444
  • Gross Building Area: 1,444
  • Building Area: 1,444
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,444
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE HAVASU CITY AZ TR 2302
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT: 2302 LAKE HAVASU CITY TR 2302 BLK 5 LOT 28

Ownership

  • Current Owner : CATERO CHARLES C
  • Current Owner 2: CATERO LORI LYN
  • Previous Owner : HARSTAD TERRENCE DEWITT
  • Previous Owner 2: HARSTAD JOANNE CATHERINE
  • Owner Before Previous Owner: PORT BERNARD
  • Owner Before Previous Owner 2: PORT FAYE O
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lake Havasu Unified District
  • Census Tract: 953200

Geography

  • Assessors Map Reference: PM 109-29
  • Account Number: R10929134
  • Subdivision Tract Number: 2302
  • Parcel: 109-29-134
  • Block: 5
  • Lot: 28
  • Meridian: SEC 14 TWN 13N RNG 20W
  • Latitude: 34.4628
  • Longitude: -114.323

    Address

  • Full Address: 2040 Chip Dr
  • Address - House Number: 2040
  • Address - Street Name: Chip
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Lake Havasu City
  • Carrier Code: R005
  • 4-Digit Zip Code: 7552
  • Zip Code: 86406

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,401
  • Tax Rate Code Area: 2571

    Appraisal Valuation

  • Standard Deviation: 0.2674
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 473,560
  • High Value: 600,228
  • Low Value: 346,893

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $257,600
  • First Open Lien Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Open Lien Mortgage Recording Date: May 11, 2007
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $257,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Market Valuation

  • Market Total Value: $415,305
  • Market Land Value: $150,455
  • Market Improvement Value: $264,850

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $41,530

    Sales

  • Current Sale Contract Date: Apr 25, 2007
  • Current Sale Recording Date: May 11, 2007
  • Current Sale Transaction ID: 1011140715
  • Current Sale Price: $322,000
  • Current Sale Document Type: Joint Tenancy Deed
  • Current Sale Input Document Number: 2007043524
  • Previous Sale Recording Date: Mar 15, 2002
  • Previous Sale Contract Date: Mar 12, 2002
  • Previous Sale Amount: $94,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Mortgage Transaction Date: May 11, 2007
  • First Mortgage Loan Amount: $257,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2037

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 2040 Chip Drive located in?
The 2040 Chip Drive is a located in the neighborhood of Mohave in Lake Havasu City, Lake Havasu City.
What is the average sales price for listings in 2040 Chip Drive?
The average sales price for units in 2040 Chip Drive is $0 currently.

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