NOT LISTED FOR SALE

1623 East Ln Las Vegas, NV 89108

Twin Lakes Neighborhood

Estimated Value: $454,738

2 Beds
2 Baths
1,434 Sq Ft
$317/Sq Ft Est. Value

Last Sold December 05, 2012

Last sale price $105,000 $73 Per Sq Ft

Est. 333% increase in value since last sale

Current estimated payment $2,655/month

149 Days on Market

Highlights

  • Custom Home
  • No HOA
  • Ceramic Tile Flooring
  • 0.42 Acre Lot
  • Covered patio or porch
  • Central Heating and Cooling System

About This Home

As of December 2012

UPDATED FREESTANDING OFFICE BUILDING WITH PLENTY OF LAND FOR YOUR BUSINESS TO GROW. PROPERTY IS IDEALLY LOCATED NEARBY TO MAJOR STREETS, BUSINESSES, RESIDENTIAL AREA, CASINOS & EASY ACCESS TO HIGHWAY 95. THIS IS A SINGLE STORY OFFICE COMPLEX THAT WAS PREVIOUSLY USED FOR LANDSCAPING BUSINESS. PLENTY OF ROOM FOR STORAGE & ALSO HAS COVERED PARKING AT REAR OF PROPERTY. CONVEINENTLY LOCATED NEARBY TO RANCHO & VEGAS DRIVE.

Last Agent to Sell the Property

Duc Lu

Century 21 1st Priority Realty License #B.1002851 Listed on: 06/08/2012

Last Buyer's Agent

Carolina Alamillo

Coldwell Banker Premier License #S.0067039

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,266

Year Built

  • Built in 1949

Lot Details

  • 0.42 Acre Lot
  • East Facing Home
  • Property is Fully Fenced
  • Stucco Fence
  • Property is in below average condition

Home Design

  • Custom Home
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2 Bathrooms
  • 1,434 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Covered patio or porch

Schools

  • Twin Lakes Elementary School
  • Gibson Robert O. Middle School
  • Western High School

Utilities

  • Central Heating and Cooling System
  • Above Ground Utilities

Community Details

  • No Home Owners Association
  • Eastland Hgts Plat #1 Amd Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,266

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Ownership: Single Family Residential
  • Subdivision Name: EASTLAND HGTS PLAT #1 AMD
  • Directions: FROM VEGAS DRIVE & RANCHO, WEST ON VEGAS DRIVE, RIGHT ON EAST LANE, PROPERTY IS ON LEFT AT END OF STREET.
  • Architectural Style: One Story, Custom
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1949
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 20
  • Stories: 1
  • Year Built: 1949

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Half Bathrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Bedroom on Main Level, None

Exterior Features

  • Fencing: Full, Stucco Wall
  • Lot Features: 1/4 to 1 Acre Lot
  • Pool Private: No
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Exterior Features: Patio
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Poor Condition, Resale
  • Roof: Composition, Shingle

Utilities

  • Laundry Features: None
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Above Ground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Schools

  • Elementary School: Twin Lakes,Twin Lakes
  • High School: Western
  • Middle Or Junior School: Gibson Robert O.

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 18295.0
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1266.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2012
Closed on
Dec 4, 2012
Sold by
Barajas Alondra Y
Bought by
Barajas Jaime G
Seller's Agent
Duc Lu
Century 21 1st Priority Realty
Buyer's Agent
Carolina Alamillo
Coldwell Banker Premier
List Price
$129,900
Sold Price
$105,000
Premium/Discount to List
-$24,900
-19.17%
Total Days on Market
149
Current Estimated Value
$454,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,738
Avg. Annual Appreciation
12.16%
Original Mortgage
$50,000
Outstanding Balance
$35,239
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$414,072

Purchase Details

Closed on
Mar 30, 2012
Sold by
Newman Michael A
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 29, 2010
Sold by
Zwr Investments Llc
Bought by
Newman Michael

Purchase Details

Closed on
Mar 1, 2007
Sold by
Newman Michael A
Bought by
Newman Michael A and Newman Tomi F

Purchase Details

Closed on
Jul 29, 2005
Sold by
Newman Tomi
Bought by
Newman Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2004
Sold by
Smith Michael
Bought by
Smith Patricia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.24%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 4, 2004
Sold by
Caro Parra Miguel
Bought by
Smith Patricia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.24%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 17, 2003
Sold by
Lee Hugo
Bought by
Caro Parra Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 2003
Sold by
Welch Ryan
Bought by
Lee Hugo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 8, 2003
Sold by
Lee Hugo
Bought by
United Title Of Nevada and Chicago Title Agency Of Las Vegas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 1995
Sold by
Wright James R and Wright Lola Jeanne
Bought by
Lee Hugo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
7.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 27, 1995
Sold by
Lee Hugo and Lee Maricela
Bought by
Lee Hugo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
7.88%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Barajas Jaime G -- --
Barajas Jaime $105,000 --
U S Bank National Association $140,000 First American
Newman Michael $127,500 None Available
Newman Michael A -- None Available
Zwr Investments Llc -- None Available
Newman Michael A -- National Title Company
Newman Michael A $299,000 National Title Company
Smith Patricia P -- Southwest Title
Smith Patricia P $270,000 Southwest Title
Caro Parra Miguel $130,000 Ticor Title Of Nevada Inc
Lee Hugo -- United Title Of Nevada
United Title Of Nevada $10,000 United Title Of Nevada
Lee Hugo $57,500 United Title
Lee Hugo -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barajas Jaime $50,000
Previous Owner Newman Michael A $210,000
Previous Owner Smith Patricia P $125,000
Previous Owner Smith Patricia P $20,000
Previous Owner Caro Parra Miguel $104,000
Previous Owner Lee Hugo $107,000
Previous Owner Lee Hugo $42,500
Closed Caro Parra Miguel $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2012 12/05/12 Sold $105,000 -19.2% $73 / Sq Ft
11/05/2012 11/05/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $129,900 -- $91 / 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 $1,730 $67,485 $51,226 $16,259
2024 $1,602 $67,485 $51,226 $16,259
2023 $1,602 $60,563 $46,103 $14,459
2022 $1,484 $56,722 $43,542 $13,180
2021 $1,374 $55,768 $43,542 $12,226
2020 $1,273 $55,446 $43,542 $11,904
2019 $1,193 $51,533 $35,858 $15,675
2018 $1,138 $46,870 $35,858 $11,012
2017 $1,379 $42,069 $29,967 $12,102
2016 $1,067 $32,416 $21,771 $10,645
2015 $1,063 $37,329 $21,771 $15,558
2014 $1,224 $37,329 $27,214 $10,115
Source: Public Records

Agents Affiliated with this Home

  • Duc Lu

    Seller's Agent in 2012

    Duc Lu

    Century 21 1st Priority Realty

    (702) 835-8855

    48 Total Sales

    Section Image

  • C

    Buyer's Agent in 2012

    Carolina Alamillo

    Coldwell Banker Premier

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Map

Source: Las Vegas REALTORS®

MLS Number: 1257304

Las Vegas REALTORS®

APN: 139-19-812-004

Nevada Clark County Las Vegas 89108 Twin Lakes

1623 East Ln, Las Vegas, NV

This home is located at 1623 East Ln, Las Vegas, NV 89108 since 08 June 2012 and is currently estimated at $454,738, approximately $317 per square foot. This property was built in 1949. 1623 East Ln is a home located in Clark County with nearby schools including Twin Lakes Elementary School, J. Harold Brinley Middle School, and Western High School.

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