NOT LISTED FOR SALE

Estimated Value: $148,000 - $194,000

2 Beds
1 Bath
902 Sq Ft
$175/mo HOA Fee

Last Sold October 25, 2017

Last sale price $70,000 $78 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,091/month

81 Days on Market

Highlights

  • Main Floor Bedroom
  • Community Pool
  • Cooling Available
  • Ed W Clark High School Rated A-
  • Double Pane Windows
  • Laundry closet

About This Home

As of October 2017

GREAT INVESTMENT OPPORTUNITY...LONG TERM TENANT IN PLACE UNIT...MAKE AN OFFER BEFORE IT IS GONE...CLOSE TO STRIP, SHOPPING AND SCHOOLS.. OWNER HAS 4 ADDITIONAL UNITS FOR SALE..

Last Agent to Sell the Property

Mike Gorelick

Blue Diamond Realty LLC License #BS.0044376 Listed on: 07/05/2017

Blue Diamond Realty LLC

Last Buyer's Agent

Kin Sum

Investpro Realty License #S.0176262

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $311

Year Built

  • Built in 1982

Lot Details

  • South Facing Home
  • Desert Landscape
  • Property is in good condition

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 902 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Open Parking
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Wynn Elaine* Elementary School
  • Cashman James Middle School
  • Clark Ed. W. High School

Utilities

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

Community Details

Overview

  • Association fees include management, ground maintenance
  • Tara 1 Association, Phone Number (702) 362-6252
  • Tara 1 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$311

Year Built

Built in 1982

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: TARA 1
  • Directions: FROM VALLEY VIEW & SAHARA, SOUTH ON VALLEY VIEW, WEST ON TARA AVE...
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Windows
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1982

Interior Features

  • Private Spa: No
  • Appliances: Dryer, Disposal, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Bedroom on Main Level, None
  • Living Area: 902.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • 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: Assigned, Covered, Open

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association Name: Tara 1
  • Phone: 702-362-6252
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds

Schools

  • Elementary School: Wynn Elaine*,Wynn Elaine*
  • High School: Clark Ed. W.
  • Middle Or Junior School: Cashman James

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 311.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2017
Closed on
Sep 19, 2017
Sold by
B & D Investment Group Llc
Bought by
Sum Kin Wai and He Liting
Seller's Agent
Mike Gorelick
Blue Diamond Realty LLC
Buyer's Agent
Kin Sum
Investpro Realty
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%
Current Estimated Value
$166,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,587
Avg. Annual Appreciation
11.51%

Purchase Details

Closed on
May 8, 2015
Sold by
Haddad Iyad
Bought by
B & D Investment Group Llc

Purchase Details

Closed on
Jan 16, 2013
Sold by
Yim Szeto Yuen and Yim Szeto Yuen
Bought by
Daisy Trust

Purchase Details

Closed on
Sep 24, 2012
Sold by
Yim Szeto Yuen and Yim Szeto Yuen
Bought by
Daisy Trust

Purchase Details

Closed on
Oct 27, 2008
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Szeto Yuen Yim and Liang Jin

Purchase Details

Closed on
Jul 7, 2008
Sold by
Martinez Abel
Bought by
Bank Of New York Trust Co and Jpmorgan Chase Bank Na

Purchase Details

Closed on
Oct 25, 2005
Sold by
Fregosolanderos Patricia
Bought by
Martinez Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 12, 2005
Sold by
Camreid Llc
Bought by
Martinez Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 30, 2004
Sold by
Tara Condominiums Ltd
Bought by
Camreid Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,820,000
Interest Rate
5.74%
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
Sum Kin Wai $720,000 Fidelity National Title
B & D Investment Group Llc $45,000 Fidelity National Title
Daisy Trust $18,200 None Available
Daisy Trust $18,200 None Available
Szeto Yuen Yim $36,000 Chicago Title Las Vegas
Bank Of New York Trust Co $80,750 Lsi Title Agency Inc
Martinez Abel -- Southwest Title
Martinez Abel $152,500 Southwest Title
Camreid Llc $2,205,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Abel $122,000
Previous Owner Camreid Llc $1,820,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2017 10/25/17 Sold $70,000 -22.1% $78 / Sq Ft
09/25/2017 09/25/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $89,900 -- $100 / 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 $393 $25,965 $13,300 $12,665
2024 $382 $25,965 $13,300 $12,665
2023 $400 $29,227 $17,150 $12,077
2022 $389 $25,351 $14,000 $11,351
2021 $360 $21,134 $9,975 $11,159
2020 $347 $20,219 $8,925 $11,294
2019 $343 $18,709 $7,350 $11,359
2018 $327 $16,483 $5,250 $11,233
2017 $520 $15,865 $4,200 $11,665
2016 $311 $15,772 $4,200 $11,572
2015 $309 $12,116 $2,800 $9,316
2014 $441 $12,539 $2,800 $9,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1911596

Las Vegas REALTORS®

APN: 162-07-615-008