See Home Value
$900,000 - $1,098,000
House - Off Market

2220 Chip Ln

Lake Havasu City, AZ 86406
bedrooms
4 Beds
bathrooms
4 Baths
square feet
4368 Sqft
Refi Aug 10, 2021
Transfer
$650,000 by Arizona Mortgage & Investment
Mortgage Due Aug 10, 2051

About This Property

Nestled on a generous corner lot with sweeping views of majestic mountains, this stunning 4,386 square foot residential estate beckons with the promise of luxurious living. As you step inside, the warmth of a grand family room greets you, offering the perfect blend of comfort and sophistication for your cherished family moments. Adjacent to the family space is a formal dining room, where the echoes of laughter from countless dinner parties still linger in the air, awaiting new memories to be created. The heart of this home is undoubtedly the large open kitchen, a culinary artist's dream, with ample space for both cooking and camaraderie. For those who enjoy an evening cocktail or hosting illustrious gatherings, the bespoke bar area serves as a hub of hospitality. Of the four resplendent bedrooms, two are ensuites, providing a private sanctuary with all the trappings of a five-star retreat. Each bathroom, four in total,  offering both elegance and relaxation. Step outside to the opulent backyard where leisure and entertainment are redefined. Here, a heated pool and spa await, promising year-round enjoyment. Here, a heated pool and spa await.

The manager has listed the unit size as 4368 square feet.
Unit Size
4,368Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$229
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1994

Price History

Date / Event Date Event Price
Apr 27, 2024 No longer available -
No longer available
Mar 18, 2024 In contract -
In contract
Feb 20, 2024 Price Decreased $999,998
↓ $145K (12.7%)
Price Decreased
Jan 17, 2024 Price Decreased $1,145,000
↓ $50K (4.2%)
Price Decreased
Dec 10, 2023 Relisted $1,195,000
Relisted
Show More

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 718
  • Parking Space Count: 3
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 4,368
  • Gross Building Area: 4,368
  • Building Area: 4,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE HAVASU CITY AZ TR 2169
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT: 2169 LAKE HAVASU CITY TR 2169 POR SEC 12,13 & 14 BLK 5 LOT 12

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: PM 109-22
  • Account Number: R10922047
  • Subdivision Tract Number: 2169
  • Parcel: 109-22-047
  • Block: 5
  • Lot: 12
  • Meridian: SEC 12 TWN 13N RNG 20W
  • Latitude: 34.4686
  • Longitude: -114.32

    Address

  • Full Address: 2220 Chip Ln
  • Address - House Number: 2220
  • Address - Street Name: Chip
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Lake Havasu City
  • Carrier Code: R005
  • 4-Digit Zip Code: 7619
  • Zip Code: 86406

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,955
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 2571

    Appraisal Valuation

  • Standard Deviation: 0.0875
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 1,001,152
  • High Value: 1,088,769
  • Low Value: 913,535

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,355,000
  • First Open Lien Mortgage Lender: ARIZONA MORTGAGE & INVESTMENT
  • First Open Lien Mortgage Recording Date: Aug 10, 2021
  • First Open Lien Mortgage Loan Amount: $650,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Aug 10, 2051
  • Second Open Lien Mortgage Lender: ARIZONA MORTGAGE & INV LLC
  • Second Open Lien Mortgage Recording Date: Aug 10, 2021
  • Second Open Lien Mortgage Loan Amount: $650,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Aug 10, 2051
  • Third Open Lien Mortgage Lender: PEARSON ROGER
  • Third Open Lien Mortgage Recording Date: Dec 14, 2023
  • Third Open Lien Mortgage Loan Amount: $55,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Dec 14, 2053
  • Third Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $929,058
  • Market Land Value: $180,586
  • Market Improvement Value: $748,472

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $92,906



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
3,731 ft²
$295/ft²
$1,100,000 Feb 26, 2024
-
$443/mo
House
4 Beds
4 Baths
2,642 ft²
$401/ft²
$1,060,000 Dec 28, 2023
-
$286/mo
House
4 Beds
3 Baths
3,000 ft²
$400/ft²
$1,199,000 Dec 29, 2023
-
$293/mo
House
3 Beds
2.5 Baths
2,681 ft²
$335/ft²
$898,900 Mar 15, 2024
-
$285/mo
House
3 Beds
2 Baths
2,285 ft²
$512/ft²
$1,169,000 Aug 18, 2023
-
$273/mo
House
3 Beds
3 Baths
2,312 ft²
$380/ft²
$879,000 Dec 8, 2023
-
$526/mo
House
5 Beds
3 Baths
2,459 ft²
$345/ft²
$849,000 Nov 3, 2023
-
$276/mo
Land
Loft
-
-
$997,000 Mar 14, 2023
-
$50/mo

About Lake Havasu City


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Frequently Asked Questions

When was property at 2220 Chip Lane built and last sold?
The property at 2220 Chip Lane was built in 1994 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2220 Chip Lane is $1,227,784.
What are some comparable homes to 2220 Chip Lane?
Homes that are comparable to 2220 Chip Lane include a house property at 2375 Cup Drive, 550 Player Lane, 2080 Palmer Drive.

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