NOT LISTED FOR SALE

4201 Terrestrial Ln Unit 1 Las Vegas, NV 89115

Estimated Value: $489,017 - $637,000

8 Beds
4 Baths
3,212 Sq Ft
$750/mo HOA Fee

Last Sold December 03, 2021

Last sale price $400,000 $125 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,058/month

12 Days on Market

Highlights

  • Living Room with Fireplace
  • Community Pool
  • Landscaped
  • Main Floor Primary Bedroom
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of December 2021

Cozy 4-plex condo with 2 bedrooms and 1 full bath in each unit. NEW carpet/vinyl flooring throughout. Front living room w/fireplace. Kitchen features breakfast bar, solid surface counters tops and eating nook. Master bedroom separate from the other. Separate laundry room w/shelves for storage. Community features pool/spa. This unit won't last long!

Last Agent to Sell the Property

Wasim Faranesh

Faranesh Real Estate License #B.0143592 Listed on: 10/22/2021

Last Buyer's Agent

Wasim Faranesh

Faranesh Real Estate License #B.0143592 Listed on: 10/22/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,639

Year Built

  • Built in 1986

Lot Details

  • South Facing Home
  • Landscaped
  • Front Yard
  • Property is in good condition

HOA Fees

  • $750 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Blinds
  • Living Room with Fireplace
  • 4 Fireplaces
  • Electric Range

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Cortez Manuel Elementary School
  • Monaco Mario C & Joanne Middle School
  • Desert Pines High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Lake Mead Villas Association, Phone Number (702) 433-0149
  • Lake Mead Villas Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,639

Year Built

Built in 1986

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Subdivision Name: Lake Mead Villas
  • Directions: 95 to Charleston, Merge onto E Charleston Blvd, Left onto N Lamb Blvd, Left onto E Tonopah, Right on Cosmic Dr, Right on Terrestrial
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Monthly
  • Attribution Contact: 702-536-9000
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1986

Interior Features

  • Private Spa: No
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Possible Bedrooms: 8
  • Total Bedrooms: 8
  • Fireplace Features: Electric, Living Room
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Vinyl
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs
  • Living Area: 3212.0
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Lot Features: 1/4 to 1 Acre Lot, Front Yard, Landscaped
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: South
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool, Spa/Hot Tub
  • Association Name: Lake Mead Villas
  • Phone: 702-433-0149
  • Association: Yes
  • HOA Fee 3: 750.0

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cortez Manuel,Cortez Manuel
  • High School: Desert Pines
  • Middle Or Junior School: Monaco Mario C & Joanne

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 8276.0
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1639.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 2, 2021
Sold by
Faranesh Julianna
Bought by
Faranesh Wasim
Seller's Agent
Wasim Faranesh
Faranesh Real Estate
Buyer's Agent
Wasim Faranesh
Faranesh Real Estate
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$591,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,504
Avg. Annual Appreciation
10.70%
Original Mortgage
$300,000
Outstanding Balance
$234,596
Interest Rate
2.35%
Mortgage Type
New Conventional
Estimated Equity
$356,908

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 1, 2021
Sold by
Bochenek Walter J
Bought by
Radosta Joseph and Faranesh Wasim
Seller's Agent
Wasim Faranesh
Faranesh Real Estate
Buyer's Agent
Wasim Faranesh
Faranesh Real Estate
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$234,596
Interest Rate
2.35%
Mortgage Type
New Conventional
Estimated Equity
$356,908

Purchase Details

Closed on
Apr 20, 2010
Sold by
Militello Perry
Bought by
Bochenek Walter J and Bochenek Jacqueline D

Purchase Details

Closed on
Dec 9, 2005
Sold by
Campanelli Nick and Campanelli Ana
Bought by
Militello Perry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,600
Interest Rate
1.95%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 19, 2004
Sold by
Campanelli Nick
Bought by
Campanelli Nick and Campanelli Ana

Purchase Details

Closed on
Jul 15, 2004
Sold by
Campanelli Ana
Bought by
Campanelli Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,800
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 2004
Sold by
Old Republic Exchange Facilitator Co
Bought by
Campanelli Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,800
Interest Rate
6.27%
Mortgage Type
Unknown
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
Faranesh Wasim -- Lawyers Title Of Nevada
Radosta Joseph $400,000 Lawyers Title Of Nevada
Bochenek Walter J $125,000 Lawyers Title Of Nevada Mid
Militello Perry $402,000 Land Title Of Nevada
Campanelli Nick -- Nevada Title Company
Campanelli Nick -- Nevada Title Company
Campanelli Nick $260,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radosta Joseph $300,000
Previous Owner Militello Perry $321,600
Previous Owner Campanelli Nick $176,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $400,000 0.0% $125 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $400,000 -- $125 / 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 $2,064 $96,187 $42,350 $53,837
2024 $1,912 $96,187 $42,350 $53,837
2023 $1,273 $91,238 $40,600 $50,638
2022 $1,770 $81,741 $33,250 $48,491
2021 $1,639 $74,532 $28,000 $46,532
2020 $1,519 $72,276 $25,200 $47,076
2019 $1,424 $69,873 $22,750 $47,123
2018 $1,359 $62,662 $16,800 $45,862
2017 $1,783 $59,821 $14,525 $45,296
2016 $1,273 $59,598 $12,600 $46,998
2015 $1,272 $57,726 $11,200 $46,526
2014 $1,233 $40,552 $7,000 $33,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2344077

Las Vegas REALTORS®

APN: 140-19-712-030