NOT LISTED FOR SALE

Estimated Value: $317,000 - $364,000

2 Beds
2 Baths
1,695 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $315,000 $186 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,087/month

5 Days on Market

Highlights

  • Senior Community
  • Clubhouse
  • Community Pool
  • Gated Community
  • Corner Lot
  • Covered patio or porch

About This Home

As of April 2024

Located inside a guard-gated 55+ community, 492 Fallwood boasts a spacious floorplan and is located at the end of a uniquely placed cul-de-sac with an oversized lot. This quaint townhome includes a small courtyard, security gates, and an enchanting backyard with a patio cover. With 1695sqft of living space, its two bedrooms each include their own walk-in closets and bathrooms. The primary bedroom also has a sliding glass door that opens up to the backyard anytime you need to retreat! Laminate wood flooring covers the interior and white cabinets and blue countertops give the kitchen a unique contrast. Residents in the community enjoy their downtime inside a clubhouse with pool/spa, game/hobby room, shuffleboard, and more! Come see this home before it's gone!

Last Agent to Sell the Property

Shane Beall

Keller Williams Realty Las Veg Brokerage Email: shanebeall@kw.com License #S.0183487 Listed on: 02/16/2024

Keller Williams Realty Las Veg

Last Buyer's Agent

Branson Real

THE Brokerage A RE Firm License #S.0187758

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,274

Year Built

  • Built in 1989

Lot Details

  • 6,320 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Drip System Landscaping
  • Artificial Turf
  • Property is in good condition

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Tile Roof

Interior Spaces

  • 1,695 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Electric Cooktop
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

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

Eco-Friendly Details

  • Sprinkler System

Outdoor Features

  • Courtyard
  • Covered patio or porch

Schools

  • Red Rock Elementary School
  • Garside Frank F. Middle School
  • Western High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Senior Community
  • Association fees include management, security
  • Promenade At Meadows Association, Phone Number (702) 736-9450
  • Promenade At The Meadows Villas 5B Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,274

Year Built

Built in 1989

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.1451
  • Subdivision Name: Promenade At The Meadows Villas 5B
  • Directions: Decatur and Meadows Ln, W on Meadows Lane. Thru Guard Gate and follow Promenade Ln around to Fallwood Lane and turn left. Property is at end of cul-de-sac on far left.
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1989
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Townhouse
  • Attribution Contact: shanebeall@kw.com
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1989

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Electric Cooktop, Disposal, Refrigerator, Water Softener Owned, Water Heater, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs, Window Treatments
  • Living Area: 1695.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Corner Lot, Drip Irrigation/Bubblers, Desert Landscaping, Landscaped, Synthetic Grass, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • View: None
  • View: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Drywall
  • Direction Faces: South
  • Exterior Features: Courtyard, Patio, Private Yard, Sprinkler/Irrigation
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener, Private, Shelves

Utilities

  • Laundry Features: Electric Dryer Hookup, Main Level, 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, Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: Yes
  • Amenities: Clubhouse, Gated, Pool, Guard, Spa/Hot Tub
  • Association #2 Fee: 225.0
  • Association #2 Fee Frequency: Monthly
  • Association Name: Promenade at Meadows
  • Phone: 702-736-9450
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Security

Schools

  • Elementary School: Red Rock,Red Rock
  • High School: Western
  • Middle Or Junior School: Garside Frank F.

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 6320.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1274.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 3, 2024
Sold by
Sylvia A Rainey Trust and Kopoian-Greene Diane
Bought by
Nerone Margarita
Seller's Agent
Shane Beall
Keller Williams Realty Las Veg
Buyer's Agent
Branson Real
THE Brokerage A RE Firm
List Price
$324,900
Sold Price
$315,000
Premium/Discount to List
-$9,900
-3.05%
Views
75
Current Estimated Value
$319,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,091
Avg. Annual Appreciation
2.08%
Original Mortgage
$299,250
Outstanding Balance
$296,175
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$27,559

Purchase Details

Closed on
Jul 19, 2022
Sold by
Rainey Sylvia A
Bought by
Sylvia A Rainey Trust

Purchase Details

Listed on
Apr 26, 2021
Closed on
May 24, 2021
Sold by
Sylvester Joel and Sylvester Frederick A
Bought by
Rainey Sylvia A
Seller's Agent
Tiffany Boudreau
Platinum Real Estate Prof
Buyer's Agent
John Dicarlo
BHHS Nevada Properties
List Price
$299,999
Sold Price
$305,000
Premium/Discount to List
$5,001
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
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
Nerone Margarita $315,000 Ticor Title
Sylvia A Rainey Trust -- None Listed On Document
Rainey Sylvia A $305,000 Chicago Title Las Vegas
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nerone Margarita $299,250
Previous Owner Sylvia A Rainey Trust $517,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $315,000 -3.0% $186 / Sq Ft
02/26/2024 02/26/24 For Sale $324,900 0.0% $192 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $324,900 +6.5% $192 / Sq Ft
05/25/2021 05/25/21 Sold $305,000 +1.7% $180 / Sq Ft
04/26/2021 04/26/21 For Sale $299,999 -- $177 / 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 $1,375 $77,203 $25,200 $52,003
2024 $1,274 $77,203 $25,200 $52,003
2023 $1,274 $79,720 $31,500 $48,220
2022 $1,237 $73,094 $26,950 $46,144
2021 $1,255 $61,780 $23,800 $37,980
2020 $1,116 $63,068 $23,100 $39,968
2019 $1,083 $57,440 $17,500 $39,940
2018 $1,052 $49,468 $10,850 $38,618
2017 $1,607 $49,018 $10,150 $38,868
2016 $1,039 $48,711 $8,750 $39,961
2015 $1,036 $33,446 $6,650 $26,796
2014 $1,005 $29,760 $4,200 $25,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2560931

Las Vegas REALTORS®

APN: 138-36-612-012