NOT LISTED FOR SALE

5023 Arvada Way Las Vegas, NV 89122

Estimated Value: $260,000 - $345,000

3 Beds
2 Baths
1,056 Sq Ft
$301/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $68,000 $64 Per Sq Ft

Est. 367% increase in value since last sale

Current estimated payment $1,748/month

137 Days on Market

Highlights

  • Corner Lot
  • Cooling Available
  • Ceramic Tile Flooring
  • No HOA
  • Laundry Room
  • 1 Attached Carport Space

About This Home

As of June 2015

Great opportunity to own a property in Las Vegas! Wants your TLC, but after some care could be great! Features include three bedrooms, living room, covered carport, located on corner lot! Don't wait, send your best offer today!

Last Agent to Sell the Property

Willie Sosa

Century 21 Consolidated License #S.0058957 Listed on: 01/09/2015

Last Buyer's Agent

Antonio Gastelum

Advent Realty Elite License #B.0146132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $650

Year Built

  • Built in 1970

Lot Details

  • 6,534 Sq Ft Lot
  • South Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Corner Lot
  • Property is in below average condition

Parking

  • 1 Attached Carport Space

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Schools

  • Whitney Elementary School
  • Cortney Francis Middle School
  • Basic Academy High School

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cambridge Park #1 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$650

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Ownership: Single Family Residential
  • Subdivision Name: CAMBRIDGE PARK #1
  • Directions: From Tropicana and Boulder Hwy, go west to Andover, south to Aurora, east to Arvada.
  • Architectural Style: One Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1970
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4116
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 1056.0

Exterior Features

  • Fencing: Partial, Wood
  • Lot Features: Corner Lot
  • Pool Private: No
  • Construction Type: Frame, Stucco, Drywall
  • Direction Faces: South
  • Property Condition: Poor Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Attached Carport

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Room
  • Cooling: Electric, None
  • Cooling Y N: No
  • Heating: Electric, None
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Schools

  • Elementary School: Whitney,Whitney
  • High School: Basic Academy
  • Middle Or Junior School: Cortney Francis

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 6534.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 650.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2015
Closed on
Jun 23, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fonseca Juan Morales and Sepulveda Amelia
Seller's Agent
Willie Sosa
Century 21 Consolidated
Buyer's Agent
Antonio Gastelum
Advent Realty Elite
List Price
$89,900
Sold Price
$68,000
Premium/Discount to List
-$21,900
-24.36%
Current Estimated Value
$317,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,849
Avg. Annual Appreciation
16.18%

Purchase Details

Closed on
Mar 21, 2014
Sold by
Frinella Michael K and Frinella Sally J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 11, 2002
Sold by
Farinella Michael K
Bought by
Farinella Michael K and Farinella Sally J

Purchase Details

Closed on
Mar 22, 2002
Sold by
Farinella Sally
Bought by
Farinella Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.84%
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
Fonseca Juan Morales $68,000 First American Title Ins
Federal Home Loan Mortgage Corporation $72,036 Servicelink
Farinella Michael K -- --
Farinella Michael K -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farinella Michael K $70,000
Closed Farinella Michael K $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $68,000 -24.4% $64 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $89,900 -- $85 / 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 $671 $39,404 $24,500 $14,904
2024 $909 $39,404 $24,500 $14,904
2023 $909 $42,574 $29,050 $13,524
2022 $856 $38,296 $26,250 $12,046
2021 $534 $30,826 $19,600 $11,226
2020 $493 $27,334 $16,450 $10,884
2019 $462 $26,185 $15,050 $11,135
2018 $441 $25,065 $14,000 $11,065
2017 $719 $24,499 $12,950 $11,549
2016 $414 $19,678 $7,350 $12,328
2015 $662 $18,484 $7,350 $11,134
2014 $651 $14,194 $5,250 $8,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1506610

Las Vegas REALTORS®

APN: 161-28-511-041