NOT LISTED FOR SALE

1629 Palmae Way Las Vegas, NV 89128

Summerlin Neighborhood

Estimated Value: $372,000 - $380,000

2 Beds
2 Baths
1,374 Sq Ft
$274/Sq Ft Est. Value

Highlights

  • 1 Fireplace
  • Laundry Room
  • 2 Car Garage
  • No HOA
  • Central Heating and Cooling System
  • Washer and Dryer

About This Home

As of September 2014

INVITATION HOMES - 1 story 2 bedroom with Wood laminate/tile floors. Large kitchen with Granite Breakfast bar , Kitchen Nook, 2 Pantries. Vaulted Ceiling, 2 way fireplace in Family room/Living room. Patio, Master has Fan, Dual Sinks, 2 Closets

Last Agent to Rent the Property

Gary Ulrich

Nevada Desert Realty Inc License #S.0171672 Listed on: 09/10/2014

Last Renter's Agent

Gary Ulrich

Nevada Desert Realty Inc License #S.0171672 Listed on: 09/10/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 1989

Lot Details

  • 4,792 Sq Ft Lot
  • East Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Property is in very good condition

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Blinds

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer

Schools

  • Becker Middle School
  • Cimarron-Memorial High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Desert Palms Unit #2 Subdivision

Listing and Financial Details

  • Security Deposit $1,150
  • Property Available on 9/9/14
  • Tenant pays for cable TV, electricity, gas, grounds care, key deposit, security, sewer, trash collection
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,021

Year Built

Built in 1989

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Key Deposit, Security, Sewer, Trash Collection
  • Available Date: 2014-09-09
  • Security Deposit: 1150.0
  • Pet Deposit: 350.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.11
  • Subdivision Name: DESERT PALMS-UNIT #2
  • Directions: From Lake Mead/Buffalo. (S) Buffalo, (L) Vegas Dr., to Palme Way
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1989
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 1374.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Back Yard
  • Pool Private: No
  • Construction Type: Frame, Stucco, Drywall
  • Direction Faces: East
  • Property Condition: Very Good Condition
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level, Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Schools

  • High School: Cimarron-Memorial
  • Middle Or Junior School: Becker

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 4792.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2018
Sold by
2018 2 Ih Borrower Lp
Bought by
2018 2 Ih Borrower Lp
Current Estimated Value
$375,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,722,500
Outstanding Balance
$91,998,095
Interest Rate
4.4%
Mortgage Type
Loan Amount Between One & Nine Billion
Estimated Equity
-$91,622,177

Purchase Details

Closed on
Jan 15, 2015
Sold by
2015 & 1 Ih2 Property Holdco Lp
Bought by
2015 & 1 Ih2 Equity Owner Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,854,000
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 8, 2013
Sold by
Leach James
Bought by
Ih2 Property Nevada Lp

Purchase Details

Closed on
Sep 22, 2006
Sold by
Wilcox Alexis
Bought by
Leach James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
6.55%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 3, 2005
Sold by
Laura L Dawson Llc
Bought by
Leach James and Wilcox Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 6, 2004
Sold by
Dawson Laura L
Bought by
Laura L Dawson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
7.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 22, 2004
Sold by
Addis Marie C
Bought by
Dawson Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
7.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2002
Sold by
Keith Karen
Bought by
Addis Marie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,650
Interest Rate
6.6%
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
2018 2 Ih Borrower Lp -- Os National
2015 & 1 Ih2 Equity Owner Lp -- None Available
2015 1 Ih2 Property Holdoco Lp -- None Available
Jh2 Property Holdco Lp -- None Available
Ih2 Property Nevada Lp -- None Available
2015 & 1 Ih2 Borrower Lp -- None Available
2015 1 Ih2 Equity Owner Lp -- None Available
2015 I Ih2 Property Holdco Lp -- None Available
Ih2 Property Holdco Lp -- None Available
Ih2 Property Guarantor Lp -- None Available
Ih2 Property Borrower Lp -- None Available
Ih2 Property Nevada Lp $126,659 National Title Co
Leach James -- Accommodation
Leach James $248,000 Nevada Title Company
Laura L Dawson Llc -- --
Dawson Laura L $257,000 Ticor Title Of Nevada Inc
Addis Marie C $136,500 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2018 2 Ih Borrower Lp $105,722,500
Closed 2018 2 Ih Borrower Lp $105,722,500
Previous Owner 2015 1 Ih2 Borrower L P $540,854,000
Previous Owner Leach James $261,250
Previous Owner Leach James $198,400
Previous Owner Dawson Laura L $205,600
Previous Owner Addis Marie C $132,700
Previous Owner Addis Marie C $129,650
Closed Dawson Laura L $51,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2014 09/10/14 For Rent $1,150 +5.0% --
09/10/2014 09/10/14 Rented $1,095 +4.3% --
11/14/2013 11/14/13 For Rent $1,050 0.0% --
11/14/2013 11/14/13 Rented $1,050 -- --
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 $2,021 $77,430 $35,700 $41,730
2024 $1,872 $77,430 $35,700 $41,730
2023 $1,246 $70,674 $30,450 $40,224
2022 $1,734 $62,546 $25,550 $36,996
2021 $1,606 $56,849 $21,350 $35,499
2020 $1,488 $56,773 $21,350 $35,423
2019 $1,394 $54,767 $19,600 $35,167
2018 $1,331 $49,111 $15,050 $34,061
2017 $1,597 $48,729 $14,000 $34,729
2016 $1,246 $47,702 $12,600 $35,102
2015 $1,243 $44,988 $10,150 $34,838
2014 $1,204 $36,531 $6,300 $30,231
Source: Public Records

Agents Affiliated with this Home

  • G

    Landlord's Agent in 2014

    Gary Ulrich

    Nevada Desert Realty Inc

    Section Image
  • Laura Arcuri

    Seller's Agent in 2013

    Laura Arcuri

    LPT Realty, LLC

    2 in this area

    29 Total Sales

    Laura Arcuri
    Section Image

  • M

    Buyer's Agent in 2013

    Margaret O'Meara

    LPT Realty, LLC

    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1478862

Las Vegas REALTORS®

APN: 138-22-414-033

Nevada Clark County Las Vegas 89128 Summerlin

1629 Palmae Way, Las Vegas, NV

This home is located at 1629 Palmae Way, Las Vegas, NV 89128 since 10 September 2014 and is currently priced at $375,918. This property was built in 1989. 1629 Palmae Way is a home located in Clark County with nearby schools including James B. McMillan Elementary School, Edythe & Lloyd Katz Elementary School, and Ernest Becker Middle School.

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