NOT LISTED FOR SALE

1116 Observation Dr Unit 202 Las Vegas, NV 89128

Angel Park Neighborhood

Estimated Value: $211,000 - $234,000

2 Beds
2 Baths
912 Sq Ft
$194/mo HOA Fee

Last Sold April 30, 2013

Last sale price $62,500 $69 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $1,439/month

122 Days on Market

Highlights

  • Community Pool
  • Double Pane Windows
  • Central Heating and Cooling System
  • Covered Patio or Porch
  • Laundry closet
  • Ceiling Fan

About This Home

As of April 2013

BACK IN THE MARKET, UPSTAIRS UNIT, 2 BEDROOMS, 2 FULL BATHROOMS, CELING FANS, ALL APPLIANCES, WOOD BURNING FIREPLACE IN LIVING ROOM, REGULAR SALES, READY TO MOVE IN, CLEAN, TO BE SOLD AS IS

Last Agent to Sell the Property

Parviz Afshar

BHHS Nevada Properties License #BS.0040574 Listed on: 11/28/2012

BHHS Nevada Properties

Last Buyer's Agent

stefan Gant

Simply Vegas License #S.0171076

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $421

Year Built

  • Built in 1987

Lot Details

  • West Facing Home
  • Property is Fully Fenced
  • Block Wall Fence
  • Property is in good condition

HOA Fees

  • $194 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 912 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

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

Additional Features

  • Energy-Efficient Windows
  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, insurance, trash, water
  • Summer Springs, Association, Phone Number (702) 856-3754
  • Rock Springs Vista Unit 1 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$421

Year Built

Built in 1987

Lot Details

0

HOA Fees

$194 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: ROCK SPRINGS VISTA UNIT 1
  • Directions: N. ON BUFFALO FROM SUMMERLIN PKWAY PASS WASHINGTON L. ON CALICO VISTA R. ON OBSERVATION DR. R. INTO COMMUNITY THE 2ND BUILDING ON RIGHT
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Windows
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 912.0
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Fencing: Block, Full
  • Lot Features: < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Exterior Features: Patio
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Parking Features: Assigned, One Space

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Pool
  • Association Fee: 194.0
  • Association Fee Frequency: Monthly
  • Association Name: SUMMER SPRINGS,
  • Phone: 702-856-3754
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Insurance, Trash, Water

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: 421.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2012
Closed on
Apr 26, 2013
Sold by
Afshar Afshin
Bought by
Wafer Paulete
Seller's Agent
Parviz Afshar
BHHS Nevada Properties
Buyer's Agent
stefan Gant
Simply Vegas
List Price
$62,500
Sold Price
$62,500
Current Estimated Value
$223,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,144
Avg. Annual Appreciation
10.75%

Purchase Details

Closed on
Apr 6, 2001
Sold by
Hud
Bought by
Afshar Afshin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.98%

Purchase Details

Closed on
Jan 4, 2001
Sold by
Cenlar Fsb
Bought by
Hud

Purchase Details

Closed on
Nov 9, 2000
Sold by
Mcinnis Gary L and Mcinnis Jill L
Bought by
Cenlar Fsb

Purchase Details

Closed on
Feb 7, 2000
Sold by
Rasmussen John D
Bought by
Rock Springs Vista Ii Homeowners Assn

Purchase Details

Closed on
May 5, 1995
Sold by
Young Kelly
Bought by
Rasmussen John David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,767
Interest Rate
8.46%

Purchase Details

Closed on
May 4, 1995
Sold by
Rasmussen John David and Rasmussen Sharon M
Bought by
Rasmussen John David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,767
Interest Rate
8.46%
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
Wafer Paulete $62,500 Equity Title Of Nevada
Afshar Afshin $60,000 First American Title Co
Hud $54,429 United Title
Cenlar Fsb $54,429 United Title
Rock Springs Vista Ii Homeowners Assn $6,224 --
Rasmussen John David $24,000 Land Title
Rasmussen John David -- Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Afshar Afshin $54,000
Previous Owner Rasmussen John David $19,767
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2013 04/30/13 Sold $62,500 0.0% $69 / Sq Ft
03/31/2013 03/31/13 Pending -- -- --
11/28/2012 11/28/12 For Sale $62,500 -- $69 / 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 $753 $38,452 $19,600 $18,852
2024 $698 $38,452 $19,600 $18,852
2023 $698 $41,530 $23,800 $17,730
2022 $646 $34,741 $18,200 $16,541
2021 $598 $32,621 $16,450 $16,171
2020 $553 $32,324 $16,100 $16,224
2019 $518 $29,887 $13,650 $16,237
2018 $494 $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

  • P

    Seller's Agent in 2013

    Parviz Afshar

    BHHS Nevada Properties

    (702) 321-5515

    1 in this area

    1 Total Sale

    Parviz Afshar
    Section Image

  • s

    Buyer's Agent in 2013

    stefan Gant

    Simply Vegas

    (702) 769-6251

    43 Total Sales

    stefan Gant
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1303660

Las Vegas REALTORS®

APN: 138-28-615-020

Nevada Clark County Las Vegas 89128 Angel Park

1116 Observation Dr Unit 202, Las Vegas, NV

This home is located at 1116 Observation Dr Unit 202, Las Vegas, NV 89128 since 28 November 2012 and is currently estimated at $223,644, approximately $245 per square foot. This property was built in 1987. 1116 Observation Dr Unit 202 is a home located in Clark County with nearby schools including James B. McMillan Elementary School, Edythe & Lloyd Katz Elementary School, and Walter Johnson Junior High School Academy of International Studies.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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