NOT LISTED FOR SALE

1961 Cosmic Dr Las Vegas, NV 89115

Estimated Value: $588,129 - $661,000

8 Beds
4 Baths
3,212 Sq Ft
$193/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $587,000 $183 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,553/month

Highlights

  • Tile Flooring
  • Landscaped
  • Central Heating and Cooling System

About This Home

As of May 2024

Four-plex building located in the Lake Mead Villas. All units are 2 bedrooms. All appliances included. Community features pool and spa. A must see!

Last Agent to Sell the Property

Wasim Faranesh

Faranesh Real Estate Brokerage Phone: 702-536-9000 License #B.0143592 Listed on: 04/25/2024

Last Buyer's Agent

Wasim Faranesh

Faranesh Real Estate Brokerage Phone: 702-536-9000 License #B.0143592 Listed on: 04/25/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,987

Year Built

  • Built in 1988

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped
  • Property is in good condition

Home Design

  • Quadruplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Lake Mead Villas Subdivision

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,987

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: Lake Mead Villas
  • Directions: E on Lake Mead right on Dwarfstar just before Lamb Bl into Cape Cod community to bldg #55
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1988
  • ResoPropertyType: Residential
  • Attribution Contact: 702-536-9000
  • Special Features: None
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Tile
  • Interior Amenities: Window Treatments
  • Living Area: 3212.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Utilities

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

Condo/Co-op/Association

  • Amenities: Landscaping

Schools

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1987.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Apr 25, 2024
Sold by
Clement Revocable Trust and Clement Francis J
Bought by
Nrf Trust and Fararji
Seller's Agent
Wasim Faranesh
Faranesh Real Estate
Buyer's Agent
Wasim Faranesh
Faranesh Real Estate
List Price
$625,000
Sold Price
$587,000
Premium/Discount to List
-$38,000
-6.08%
Views
2
Current Estimated Value
$620,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,532
Avg. Annual Appreciation
2.81%

Purchase Details

Closed on
Jul 17, 2000
Sold by
Clement Francis J and Clement Ingeborg
Bought by
Clement Francis J and Clement Ingeborg
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
Nrf Trust $587,000 Equity Title
Clement Francis J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $587,000 -6.1% $183 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $625,000 -- $195 / 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 $2,145 $99,998 $42,350 $57,648
2024 $1,987 $99,998 $42,350 $57,648
2023 $1,987 $94,579 $40,600 $53,979
2022 $1,840 $84,839 $33,250 $51,589
2021 $1,704 $77,411 $28,000 $49,411
2020 $1,579 $75,100 $25,200 $49,900
2019 $1,480 $72,616 $22,750 $49,866
2018 $1,412 $65,253 $16,800 $48,453
2017 $1,857 $62,361 $14,525 $47,836
2016 $1,323 $62,094 $12,600 $49,494
2015 $1,322 $60,132 $11,200 $48,932
2014 $1,281 $42,244 $7,000 $35,244
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2024

    Wasim Faranesh

    Faranesh Real Estate

    (702) 536-9000

    20 in this area

    239 Total Sales

    Wasim Faranesh
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2578332

Las Vegas REALTORS®

APN: 140-19-711-015

Nevada Clark County Las Vegas 89115

1961 Cosmic Dr, Las Vegas, NV

This home is located at 1961 Cosmic Dr, Las Vegas, NV 89115 since 25 April 2024 and is currently estimated at $620,532, approximately $193 per square foot. This property was built in 1988. 1961 Cosmic Dr is a home located in Clark County with nearby schools including Manuel J. Cortez Elementary School, Mario C. & Joanne Monaco Middle School, and Desert Pines High School.

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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