NOT LISTED FOR SALE

1216 Silver Prospect Dr Las Vegas, NV 89108

Michael Way Neighborhood

Estimated Value: $344,000 - $371,000

3 Beds
2 Baths
1,085 Sq Ft
$328/Sq Ft Est. Value

Sale Details

Date Sold: August 11, 2023

Last sale price $350,000 $323 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,031 / mo

33 Days on Market

Highlights

  • Solar Power System
  • 2 Car Attached Garage
  • Patio
  • No HOA
  • Double Pane Windows
  • Ceramic Tile Flooring

About This Home

As of August 2023

This awesome single-story gem boasts 3 bedrooms 1 & 3/4 baths & a host of impressive features. Step into the stylish kitchen where stainless-steel appliances shine & reconditioned cabinets add a touch of elegance. The space is illuminated by energy-efficient LED lighting while updated switches ensure effortless control of your environment. The custom fireplace creates a cozy & inviting atmosphere. The master bath is a true oasis featuring a luxurious walk-in shower w/custom design & double granite sinks. Stay cool during hot summer months w/newer A/C system complete w/highly efficient duct work & smart thermostat for optimal comfort & energy savings. The garage door w/insulation enhances both curb appeal & energy efficiency. Stay comfortable year-round w/newer ceiling fans ensuring a pleasant breeze in every room. Best of all this home is free from the constraints of an HOA giving you the freedom to personalize your living space. Don't miss your chance to make this property your own!

Last Agent to Sell the Property

Michael Moretti

Coldwell Banker Premier Brokerage Phone: (702) 373-7799 License #S.0068967 Listed on: 06/14/2023

Coldwell Banker Premier

Last Buyer's Agent

DaWanda Anderson

Coldwell Banker Premier License #S.0192323

Coldwell Banker Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,028

Year Built

  • Built in 1994

Lot Details

  • 4,356 Sq Ft Lot
  • West Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Desert Landscape
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Tile Roof

Interior Spaces

  • 1,085 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Ceramic Tile Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows
  • Solar Power System
  • Solar owned by seller

Outdoor Features

  • Patio

Schools

  • Fong Elementary School
  • Garside Frank F. Middle School
  • Western High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Rainbow Park 2 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,028

Year Built

Built in 1994

Lot Details

4,356 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Subdivision Name: Rainbow Park 2
  • Directions: From Rainbow and Lake Mead head South on Rainbow turn Left on Lost Dutchman right again on Silver Prospect to home on the Left.
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows, Solar Panel(s)
  • Green Power: Solar
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1994
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (702) 373-7799
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1994

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs, None
  • Living Area: 1085.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Private: No
  • Direction Faces: West
  • Exterior Features: Patio, Private Yard
  • Patio And Porch Features: Patio
  • Property Condition: Resale, Very Good Condition
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics Seller Owned
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Elementary School: Fong, Wing & Lilly,Fong, Wing & Lilly
  • High School: Western
  • Middle Or Junior School: Garside Frank F.

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 4356.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1028.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2025
Sold by
Bought by
Current Estimated Value
$355,561

Purchase Details

Listed on
Jun 14, 2023
Closed on
Aug 9, 2023
Sold by
Bought by
Seller's Agent
Michael Moretti
Coldwell Banker Premier
Buyer's Agent
DaWanda Anderson
Coldwell Banker Premier
List Price
$330,000
Sold Price
$350,000
Premium/Discount to List
$20,000
6.06%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%
Original Mortgage
$225,000
Interest Rate
0.0671%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2019
Closed on
Mar 6, 2020
Sold by
Bought by
Seller's Agent
Jerry Sullivan
BHHS Nevada Properties
Buyer's Agent
Bir Azam
Cornel Realty LLC
List Price
$258,000
Sold Price
$252,000
Premium/Discount to List
-$6,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%
Original Mortgage
$247,435
Interest Rate
0.0362%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 17, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,725
Interest Rate
0.0325%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,333
Interest Rate
0.0487%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,333
Interest Rate
0.0487%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
0.0572%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 9, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,837
Interest Rate
0.0671%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,565
Interest Rate
0.0766%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 5, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$350,000 Ticor Title
$252,000 Equity Title Of Nevada
-- Old Republic Title Company
-- First American Title Paseo V
$92,000 First American Title Paseo V
$205,000 Fidelity National Default So
$255,000 National Title Company
$140,000 First American Title Co
$120,000 First American Title Co
-- Fidelity National Title
-- Fidelity National Title
$113,500 Fidelity National Title
$107,500 Nevada Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $233,500
Previous Owner $225,000
Previous Owner $246,762
Previous Owner $247,435
Previous Owner $87,725
Previous Owner $90,333
Previous Owner $229,500
Previous Owner $162,000
Previous Owner $137,837
Previous Owner $116,565
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2023 08/11/23 Sold $350,000 +6.1% $323 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $330,000 +31.0% $304 / Sq Ft
03/12/2020 03/12/20 Sold $252,000 -2.3% $232 / Sq Ft View Prior Sale
02/11/2020 02/11/20 Pending -- -- --
11/06/2019 11/06/19 For Sale $258,000 -- $238 / Sq Ft
Source: Las Vegas REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,123 $69,835 $28,700 $41,135
2025 $1,090 $69,318 $27,300 $42,018
2024 $1,059 $69,318 $27,300 $42,018
2023 $1,059 $65,933 $25,900 $40,033
2022 $1,028 $60,190 $23,450 $36,740
2021 $998 $57,196 $22,050 $35,146
2020 $966 $55,279 $20,300 $34,979
2019 $938 $52,371 $17,850 $34,521
2018 $911 $45,674 $12,250 $33,424
2017 $1,493 $45,533 $11,550 $33,983
2016 $863 $43,023 $8,750 $34,273
2015 $861 $33,095 $5,950 $27,145
2014 $835 $24,724 $4,900 $19,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2502676

Las Vegas REALTORS®

APN: 138-26-215-038

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