NOT LISTED FOR SALE

1112 Observation Dr Unit 101 Las Vegas, NV 89128

Angel Park Neighborhood

Estimated Value: $225,366 - $244,000

2 Beds
2 Baths
912 Sq Ft
$200/mo HOA Fee

Last Sold March 07, 2017

Last sale price $115,000 $126 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,485/month

50 Days on Market

Highlights

  • In Ground Spa
  • Covered Patio or Porch
  • Cooling Available
  • Main Floor Primary Bedroom
  • Plantation Shutters
  • 1 Detached Carport Space

About This Home

As of March 2017

Beautiful Upgraded 1st Floor Condo with Close Parking Space, close to everything! Located on east edge of Summerlin, Durango & Summerlin Pkwy, this condo has it all! Gorgeous upgrades, all appliances included! Big storage room with built-in shelves, too!

Last Agent to Sell the Property

Gio Aretos

Nationwide Realty LLC License #BS.0144005 Listed on: 12/16/2016

Last Buyer's Agent

Tommy Henderson

eXp Realty License #S.0174133

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $464

Year Built

  • Built in 1987

Lot Details

  • South Facing Home
  • Desert Landscape
  • Property is in excellent condition

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 912 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Plantation Shutters
  • Living Room with Fireplace
  • Laminate Flooring
  • Prewired Security

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Assigned Parking

Outdoor Features

  • In Ground Spa
  • Covered Patio or Porch

Schools

  • Mc Millian James* Elementary School
  • Johnson Walter* Middle School
  • Palo Verde High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

Overview

  • Association fees include common areas, ground maintenance, taxes, trash
  • Summer Springs Association, Phone Number (702) 262-9091
  • Summer Springs Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$464

Year Built

Built in 1987

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: Summer Springs
  • Directions: Exit Durango off Summerlin Pkwy, N on durango to Washington, E, to Cimarron, N to Calico Vista, E to Observation, N to first entrance into community. building 6 on right.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Monthly
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Furnished: Unfurnished
  • Spa Features: In Ground
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs, Window Treatments
  • Living Area: 912.0
  • Window Features: Plantation Shutters

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: Association
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, Covenants/Restrictions Disclosure
  • Construction Type: Block, Stucco
  • Direction Faces: South
  • Exterior Features: Porch, Patio
  • Patio And Porch Features: Covered, Patio, Porch
  • Property Condition: Excellent, Resale
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Covered, Detached Carport

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Main Level
  • Security: Prewired
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Pool
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association Name: Summer Springs
  • Phone: 702-262-9091
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Taxes, Trash

Schools

  • Elementary School: Mc Millian James*,Mc Millian James*
  • High School: Palo Verde
  • Middle Or Junior School: Johnson Walter*

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 464.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2019
Sold by
Garza Rufino and Garza Maria Elena
Bought by
Garza Maria Elena and Garza Rufino
Current Estimated Value
$233,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$109,459
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$124,383

Purchase Details

Listed on
Dec 16, 2016
Closed on
Feb 28, 2017
Sold by
Aretos George
Bought by
Garza Rufino and Garza Maria Elena
Seller's Agent
Gio Aretos
Nationwide Realty LLC
Buyer's Agent
Tommy Henderson
eXp Realty
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$103,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2016
Closed on
Nov 8, 2016
Sold by
Shimooka David M
Bought by
Aretos George
Seller's Agent
Marvin Gibbs
Ohana Realty Group
Buyer's Agent
Gio Aretos
Nationwide Realty LLC
List Price
$86,350
Sold Price
$75,000
Premium/Discount to List
-$11,350
-13.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
280.29%

Purchase Details

Listed on
Sep 6, 2016
Closed on
Oct 31, 2016
Sold by
Aretos Rebecca
Bought by
Aretos George
Seller's Agent
Marvin Gibbs
Ohana Realty Group
Buyer's Agent
Gio Aretos
Nationwide Realty LLC
List Price
$86,350
Sold Price
$75,000
Premium/Discount to List
-$11,350
-13.14%

Purchase Details

Listed on
Oct 9, 2015
Closed on
Feb 4, 2016
Sold by
Bradshaw Randall P and Bradshaw Rose M
Bought by
Shimooka David M
Seller's Agent
Donna Venet
ERA Brokers Consolidated
Buyer's Agent
Marvin Gibbs
Ohana Realty Group
List Price
$79,900
Sold Price
$78,350
Premium/Discount to List
-$1,550
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.59%

Purchase Details

Closed on
Jul 13, 2009
Sold by
Bradshaw Randall and Bradshaw Rose
Bought by
Bradshaw Randall P and Bradshaw Rose M

Purchase Details

Closed on
Aug 28, 2001
Sold by
Harris Thomas W
Bought by
Bradshaw Randall P and Bradshaw Rose M

Purchase Details

Closed on
Apr 3, 1995
Sold by
Parsons Steven J
Bought by
Harris Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,150
Interest Rate
8.81%

Purchase Details

Closed on
Nov 29, 1993
Sold by
Moss Theda
Bought by
Moss Theda
Source: Public Records

Range of Values:

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Average Value
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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
Garza Maria Elena -- Wfg National Title Insurance
Garza Rufino $115,000 Ticor Title Las Vegas
Aretos George $75,000 Chicago Title Of Nevada
Aretos George -- Chicago Title Of Nevada
Shimooka David M $78,350 Fidelity National Title L
Bradshaw Randall P -- None Available
Bradshaw Randall P $69,000 Stewart Title
Harris Thomas W $63,500 United Title
Moss Theda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garza Maria Elena $124,000
Closed Garza Rufino $103,500
Previous Owner Harris Thomas W $57,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2017 03/07/17 Sold $115,000 -4.1% $126 / Sq Ft
02/05/2017 02/05/17 Pending -- -- --
12/16/2016 12/16/16 For Sale $119,900 +59.9% $131 / Sq Ft
11/10/2016 11/10/16 Sold $75,000 -13.1% $82 / Sq Ft View Prior Sale
10/11/2016 10/11/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $86,350 +10.2% $95 / Sq Ft
02/08/2016 02/08/16 Sold $78,350 -1.9% $86 / Sq Ft View Prior Sale
01/09/2016 01/09/16 Pending -- -- --
10/09/2015 10/09/15 For Sale $79,900 -- $88 / Sq Ft
Source: Las Vegas REALTORS®

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
2025 $586 $38,452 $19,600 $18,852
2024 $570 $38,452 $19,600 $18,852
2023 $570 $41,530 $23,800 $17,730
2022 $553 $34,741 $18,200 $16,541
2021 $537 $32,621 $16,450 $16,171
2020 $518 $32,324 $16,100 $16,224
2019 $503 $29,887 $13,650 $16,237
2018 $489 $22,965 $7,000 $15,965
2017 $723 $22,027 $5,600 $16,427
2016 $464 $21,141 $4,900 $16,241
2015 $462 $18,688 $4,200 $14,488
2014 $448 $14,075 $4,200 $9,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1856668

Las Vegas REALTORS®

APN: 138-28-615-021