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  • $411,000

    1566 Palace Way, Lake Havasu, AZ 86403

    3beds
    1,713sqft
    Condominium
    Built in 1983
    -- sqft lot
    $412,000 Zestimate®
    $240/sqft
    $2,347 Estimated rent

    Home value

    $412,000

    $371,000 - $457,000

    $2,347/mo

    Zestimate® history
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    What's special

    Large poolPrivate balconyGreat natural lightBeautiful large treesStunning green grounds
    Imagine a beautiful condominium centrally located in the heart of Lake Havasu City, just a stone's throw away from Rotary Park and the amazing shores of the lake. As you step into this 3 bedroom, 3 bath condo, you're greeted by a spacious and nicely designed living area which offers great natural light streaming in through large windows. Adjacent to the living area is a private balcony overlooking the stunning green grounds and the beautiful large trees right out your front door with a short walk to the large pool. This community is very private and secure with a gated entry, 2 pools and a community center. This condominium is walking distance to restaurants, golf course, park, London bride and the stunning lake. Don't miss viewing this one!

    Zillow last checked:

    Listing updated:

    Listed by:

    Trisha Kem-Bruesch 928-200-7374,

    Realty ONE Group Mountain Desert

    Bought with:

    Non Member, NA

    Non-Member

    Source: Momentum MLS,MLS#: 012874MLS LogoOriginating MLS: Western AZ Regional Real Estate Data Exchange

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater, Water Purifier, Washer
    • Laundry: Electric Dryer Hookup
    Features
    • Wet Bar, Ceiling Fan(s), Dining Area, Jetted Tub, Primary Suite, Open Floorplan, Tile Countertop, Tile Counters, Window Treatments
    • Flooring: Carpet, Vinyl, Wood
    • Windows: Window Coverings
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,713 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Finished Garage, Garage Door Opener
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Low Threshold Shower
    Features
    • Entry location: Ceiling Fan(s),Counters-Tile,Dining-Casual,Jetted
    • Patio & porch: Balcony, Covered, Patio
    • Exterior features: Balcony, Sprinkler/Irrigation, Landscaping
    • Pool features: Gunite, Community
    • Has spa: Yes
    • Spa features: Hot Tub
    • Fencing: Wrought Iron
    Lot
    • Size: 875 Square Feet
    • Dimensions: 25 x 35
    • Features: Street Level
    Details
    • Parcel number: 10743039a
    • Zoning description: R4 Multiple Family Residential

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Roof: Other,Tile
    Condition
    • New construction: No
    • Year built: 1983
    Details
    • Builder name: Harrah

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, Natural Gas Available, Underground Utilities

    Community & HOA

    Community
    • Features: Clubhouse, Golf, Pool
    • Subdivision: Lake Havasu City
    HOA
    • Has HOA: Yes
    • HOA fee: $316 monthly
    • HOA name: Lake Palace/SLMP Management
    Location
    • Region: Lake Havasu City

    Financial & listing details

    • Price per square foot: $240/sqft
    • Tax assessed value: $402,925
    • Annual tax amount: $1,723
    • Date on market: 4/19/2024
    • Cumulative days on market: 330 days
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/29/2025Sold$411,000-5.5%$240/sqft
    Source: Momentum MLS #012874 Report a problem
    3/15/2025Pending sale$435,000$254/sqft
    Source: Momentum MLS #012874 Report a problem
    11/1/2024Price change$435,000-1.1%$254/sqft
    Source: Momentum MLS #012874 Report a problem
    7/2/2024Price change$440,000-2.2%$257/sqft
    Source: Momentum MLS #012874 Report a problem
    4/19/2024Listed for sale$450,000-4.3%$263/sqft
    Source: Momentum MLS #012874 Report a problem
    5/2/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/22/2023Price change$2,200-12%$1/sqft
    Source: Zillow Rentals Report a problem
    3/21/2023Listed for rent$2,500$1/sqft
    Source: Zillow Rentals Report a problem
    1/20/2022Sold$470,000+159.7%$274/sqft
    Source: Public Record Report a problem
    7/8/2016Sold$181,000-27.6%$106/sqft
    Source: Lake Havasu AOR #912295 Report a problem
    10/7/2013Listing removed$249,900$146/sqft
    Source: Selman & Associates #880689 Report a problem
    7/27/2013Listed for sale$249,9000%$146/sqft
    Source: Selman & Associates #880689 Report a problem
    12/4/2003Sold$250,000$146/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$1,730 +1.7%$40,293 -3.7%
    2025$1,701 -1.3%$41,828 -8.5%
    2024$1,724 +4.5%$45,705 +25.2%
    2023$1,649 -9.4%$36,508 +15.4%
    2022$1,821 +2.3%$31,626 +9.4%
    2021$1,779 +6.4%$28,901 +19.8%
    2019$1,672 $24,133 +10.5%
    2018$1,672 +1%$21,840 +0.6%
    2017$1,656 +10.4%$21,703 +13.3%
    2016$1,500 +4.4%$19,158 +20.3%
    2015$1,437 $15,926 +20.6%
    2014-- $13,203 -11%
    2013-- $14,829 -9.8%
    2012-- $16,434 +0.4%
    2011-- $16,374 -52.3%
    2010-- $34,343 +22.8%
    2009-- $27,970 -18.6%
    2008-- $34,352
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    Find assessor info on the county website

    Neighborhood: 86403

    Nearby schools

    GreatSchools rating
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