NOT LISTED FOR SALE

3040 Reef View St Las Vegas, NV 89117

The Section Seven Neighborhood

Estimated Value: $408,516 - $445,000

3 Beds
2 Baths
1,259 Sq Ft
$340/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $161,203 $128 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $2,442/month

25 Days on Market

Highlights

  • 2 Car Attached Garage
  • Laundry Room
  • Drip System Landscaping
  • Patio
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of July 2014

One story three bedroom two bathroom home with 2 car garage and desert landscaping.

Last Agent to Sell the Property

Michael Moretti

Coldwell Banker Premier License #S.0068967 Listed on: 05/28/2014

Coldwell Banker Premier

Last Buyer's Agent

Enzo Varela

Signature Real Estate Group License #BS.1001099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,282

Year Built

  • Built in 1988

Lot Details

  • 3,920 Sq Ft Lot
  • West Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Drip System Landscaping
  • Property is in average condition

Parking

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

Home Design

  • Frame Construction
  • Pitched Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,259 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Christensen Elementary School
  • Fertitta Frank & Victoria Middle School
  • Bonanza High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities

Additional Features

  • Sprinkler System
  • Patio

Community Details

  • Property has a Home Owners Association
  • Association fees include management
  • Section 7 Association, Phone Number (702) 222-2391
  • Lakes West Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,282

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Ownership: Single Family Residential
  • Subdivision Name: LAKES WEST
  • Directions: From Sahara, head South on Grand Canyon. Turn right on Jamboree, left on Forest lake. Forest lake turns into Biscayne Springs which turns into Reff View. Prop on the RT
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 5120
  • Stories: 1
  • Year Built: 1988

Interior Features

  • Private Spa: No
  • Appliances: Built-In Electric Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 1259.0

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Drip Irrigation/Bubblers, Desert Landscaping, Landscaped, Rocks, < 1/4 Acre
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco, Drywall
  • Direction Faces: West
  • Exterior Features: Patio, Private Yard, Sprinkler/Irrigation
  • Patio And Porch Features: Patio
  • Property Condition: Average Condition, Resale
  • Roof: Pitched, 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, Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Section 7
  • Phone: 702-222-2391
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Elementary School: Christensen, MJ,Christensen, MJ
  • High School: Bonanza
  • Middle Or Junior School: Fertitta Frank & Victoria

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 3920.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 1282.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Jun 23, 2014
Sold by
New York Community Bank
Bought by
Zhu Xiaoming
Seller's Agent
Michael Moretti
Coldwell Banker Premier
Buyer's Agent
Enzo Varela
Signature Real Estate Group
List Price
$149,900
Sold Price
$161,203
Premium/Discount to List
$11,303
7.54%
Current Estimated Value
$428,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,426
Avg. Annual Appreciation
8.95%

Purchase Details

Closed on
Oct 23, 2013
Sold by
Ogorek Michael
Bought by
New York Community Bank

Purchase Details

Closed on
Sep 10, 2004
Sold by
Fitzgerald Vicki
Bought by
Ogorek Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2003
Sold by
Hud
Bought by
Fitzgerald Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
5.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 19, 2003
Sold by
Kang Dae Ik and Manila Hyang
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Apr 27, 2001
Sold by
Jansen Frances
Bought by
Kang Dae Ik and Manila Hyang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,119
Interest Rate
6.98%

Purchase Details

Closed on
Mar 27, 1998
Sold by
Stockhausen Dennis and Stockhausen Donna M
Bought by
Cordova Frances

Purchase Details

Closed on
Jun 7, 1994
Sold by
Moyer Robert F
Bought by
Quintanar Ringo
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

Date Buyer Sale Price Title Company
Zhu Xiaoming $161,203 Ticor Title Las Vegas
New York Community Bank $172,000 None Available
Ogorek Michael $277,000 Equity Title Of Nevada
Fitzgerald Vicki $152,000 Old Republic Title Company
Mortgage Electronic Registration Systems $149,072 Stewart Title Of Nevada
Hud $149,072 Stewart Title Of Nevada
Kang Dae Ik $135,000 First American Title Co
Jansen Frances -- First American Title Co
Cordova Frances $115,000 Nevada Title Company
Quintanar Ringo $77,500 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ogorek Michael $221,600
Previous Owner Fitzgerald Vicki $144,400
Previous Owner Kang Dae Ik $133,119
Closed Ogorek Michael $27,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2014 07/01/14 Sold $161,203 +7.5% $128 / Sq Ft
06/05/2014 06/05/14 For Sale $149,900 -- $119 / 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 $2,218 $78,932 $36,575 $42,357
2024 $2,054 $78,932 $36,575 $42,357
2023 $2,054 $72,677 $31,920 $40,757
2022 $1,902 $65,633 $27,930 $37,703
2021 $1,761 $59,715 $23,608 $36,107
2020 $1,633 $59,683 $23,608 $36,075
2019 $1,530 $57,063 $21,280 $35,783
2018 $1,460 $51,867 $17,010 $34,857
2017 $1,715 $52,305 $16,695 $35,610
2016 $1,367 $48,863 $12,915 $35,948
2015 $1,364 $40,994 $11,025 $29,969
2014 $1,321 $39,102 $7,875 $31,227
Source: Public Records

Agents Affiliated with this Home

  • Michael Moretti

    Seller's Agent in 2014

    Michael Moretti

    Coldwell Banker Premier

    (702) 373-7799

    167 Total Sales

    Michael Moretti
    Section Image

  • E

    Buyer's Agent in 2014

    Enzo Varela

    Signature Real Estate Group

    (702) 280-8300

    1 in this area

    845 Total Sales

    Enzo Varela
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1452225

Las Vegas REALTORS®

APN: 163-07-313-109

Nevada Clark County Las Vegas 89117 The Section Seven

3040 Reef View St, Las Vegas, NV

Not Listed for Sale

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