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2525 Rainbow Avenue

2525 Rainbow Avenue, Lake Havasu City, AZ 86403
House in Mohave
Sold Mar 04, 2022
$325,000
$211,000 by Cake Mortgage Corp
Mortgage Due Apr 01, 2052
Sold May 11, 2018
$159,900
$163,337 by Hi-tech Mortgage Inc
Mortgage Due Jun 01, 2048
2525 Rainbow Avenue 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 1974 and is 50 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, 2525 Rainbow Avenue has 1,068 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 10,890 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 mixed used garage for those who require parking. The garage measured 920 sqft. According to our sources, there are a total of 6 available parking spaces. Residents will have the luxury of enjoying a porch. Love to swim? You'll be excited to find out that there is a pool 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 D 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, 2525 Rainbow Avenue sold most recently in Feb 10, 2022 for a total of $325,000. If you work out the math, that's approximately a cost of $304.31 per sqft. Before that, the property was also sold for $159,900 in Apr 27, 2018. 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 $887 in taxes each year. 2525 Rainbow Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $31,501. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Stucco Exterior
Wood Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 920
  • Parking Space Count: 6
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,068
  • Gross Building Area: 1,068
  • Building Area: 1,068
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,068
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE HAVASU CITY AZ TR 2153
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE HAVASU CITY TR 2153 BLK 4 LOT 48

Ownership

  • Current Owner : DITTERLINE AARON
  • Previous Owner : MICKEY BERGMAN
  • Owner Before Previous Owner: SAUNDERS ANDREW
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lake Havasu Unified District
  • Census Tract: 953002

Geography

  • Assessors Map Reference: PM 106-26
  • Account Number: R10626185
  • Subdivision Tract Number: 2153
  • Parcel: 106-26-185
  • Block: 4
  • Lot: 48
  • Meridian: SEC 01&2 TWN 13N RNG 20W
  • Latitude: 34.4964
  • Longitude: -114.321

    Address

  • Full Address: 2525 Rainbow Ave N
  • Address - House Number: 2525
  • Street Segment Direction: N
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Lake Havasu City
  • Carrier Code: C013
  • 4-Digit Zip Code: 3850
  • Zip Code: 86403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $887
  • Tax Rate Code Area: 2571

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 177,056
  • High Value: 258,177
  • Low Value: 95,934

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,000
  • First Open Lien Mortgage Lender: CAKE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 04, 2022
  • First Open Lien Mortgage Loan Amount: $211,000
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $315,007
  • Market Land Value: $96,112
  • Market Improvement Value: $218,895

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $31,501

    Sales

  • Current Sale Contract Date: Feb 10, 2022
  • Current Sale Recording Date: Mar 04, 2022
  • Current Sale Transaction ID: 11881651682
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14220
  • Previous Sale Recording Date: May 11, 2018
  • Previous Sale Contract Date: Apr 27, 2018
  • Previous Sale Amount: $159,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAKE MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 04, 2022
  • First Mortgage Loan Amount: $211,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HI-TECH MORTGAGE INC
  • Previous Mortgage Transaction Date: May 11, 2018
  • Previous Mortgage Loan Amount: $163,337
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2048

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Frequently Asked Questions

What neighborhood is 2525 Rainbow Avenue located in?
The 2525 Rainbow Avenue is a house located in the neighborhood of Mohave in Lake Havasu City, Lake Havasu City.
What is the average sales price for listings in 2525 Rainbow Avenue?
The average sales price for units in 2525 Rainbow Avenue is $0 currently.

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