NOT LISTED FOR SALE

5031 Indian River Dr Unit 181 Las Vegas, NV 89103

Estimated Value: $161,757 - $233,000

2 Beds
1 Bath
816 Sq Ft
$220/mo HOA Fee

Last Sold December 31, 2018

Last sale price $124,500 $153 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,257/month

128 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Main Floor Primary Bedroom
  • Ed W Clark High School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of December 2018

Price Reduced!!! Location! With Guard Gated Community, 2 pools, and Big tennis courts. Great investment property or owner-occupied. Granite countertops, all appliances will stay. This is a 1st -floor unit faces tennis court. Good location in the community.

Last Agent to Sell the Property

Stacey Chen

New Life Realty License #S.0177950 Listed on: 07/25/2018

Last Buyer's Agent

Lisa Lavelle

Rustic Elegance Nevada Living License #S.0174494

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $437

Year Built

  • Built in 1982

Lot Details

  • East Facing Home
  • Wrought Iron Fence
  • Desert Landscape
  • Property is in good condition

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 816 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Built-In Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Thiriot Joseph Elementary School
  • Guinn Kenny C. Middle School
  • Clark Ed. W. High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Community Details

Overview

  • Association fees include management, ground maintenance, sewer, security, water
  • Bella Vita Association, Phone Number (702) 932-6716
  • Westwood Point Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$437

Year Built

Built in 1982

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: WESTWOOD POINT
  • Directions: On Decatur to South, pass Flamingo, see Countryside Dr, Turn right into Bella Vita. Left on Sandy River Dr to Indian River Dr.Building 318.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Monthly
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1982

Interior Features

  • Private Spa: No
  • Appliances: Built-In Electric Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Tile, Vinyl
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs
  • Living Area: 816.0
  • Window Features: Blinds

Exterior Features

  • Fencing: None, Wrought Iron
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: Association, Community
  • Pool Private: No
  • Construction Type: Drywall
  • Direction Faces: East
  • Exterior Features: Porch, Patio
  • Patio And Porch Features: Covered, Patio, Porch
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Covered, Detached Carport, Guest

Utilities

  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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: Clubhouse, Fitness Center, Gated, Pool, Guard, Tennis Court(s)
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association Name: Bella Vita
  • Phone: 702-932-6716
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Sewer, Security, Water

Schools

  • Elementary School: Thiriot Joseph,Thiriot Joseph
  • High School: Clark Ed. W.
  • Middle Or Junior School: Guinn Kenny C.

Lot Info

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

Tax Info

  • Tax Annual Amount: 437.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2021
Sold by
Lavelle Timothy and Lavelle Lisa
Bought by
Heart And Home Investment Solutions Llc
Current Estimated Value
$185,689

Purchase Details

Closed on
Apr 29, 2019
Sold by
Lavelle Timothy and Lavelle Lisa
Bought by
Lavelle Timothy and Lavelle Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,375
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2018
Closed on
Dec 26, 2018
Sold by
Yang Wei Hong
Bought by
Lavelle Timothy and Lavelle Lisa
Seller's Agent
Stacey Chen
New Life Realty
Buyer's Agent
Lisa Lavelle
Rustic Elegance Nevada Living
List Price
$135,000
Sold Price
$124,500
Premium/Discount to List
-$10,500
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$99,600
Interest Rate
4.9%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 1, 2018
Sold by
Yang Wei Hong
Bought by
Yang Wei Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.04%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jul 28, 2017
Sold by
Hjillon Investments Llc
Bought by
Hong Yang Wei
Seller's Agent
Harry Lee
U Home Agency LLC
Buyer's Agent
Jackson Kwan
New Life Realty
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%

Purchase Details

Closed on
May 12, 2017
Sold by
Wang Jiang and Leung Wai Ngai
Bought by
Hijillion Investments Llc

Purchase Details

Closed on
Aug 22, 2011
Sold by
Egleston David P
Bought by
Wang Jian

Purchase Details

Closed on
Sep 20, 2005
Sold by
Bella Vita I Llc
Bought by
Egleston David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,400
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Heart And Home Investment Solutions Llc -- None Available
Lavelle Timothy -- First American Title
Lavelle Timothy $124,500 First American Title
Yang Wei Hong -- Reliant Title Henderson
Hong Yang Wei $105,000 Ort Co Of Nevada
Hijillion Investments Llc $75,000 Ort Co Of Nevada
Wang Jian $40,000 Fidelity National Title Las
Egleston David P $156,400 First Amer Title Co Of Nv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lavelle Timothy $93,375
Previous Owner Lavelle Timothy $99,600
Previous Owner Yang Wei Hong $84,000
Previous Owner Egleston David P $115,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2018 12/31/18 Sold $124,500 -7.8% $153 / Sq Ft
12/01/2018 12/01/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $135,000 +28.6% $165 / Sq Ft
08/01/2017 08/01/17 Sold $105,000 0.0% $129 / Sq Ft View Prior Sale
07/02/2017 07/02/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $105,000 0.0% $129 / Sq Ft
04/05/2012 04/05/12 Rented $700 0.0% --
03/06/2012 03/06/12 Under Contract -- -- --
01/04/2012 01/04/12 For Rent $700 -- --
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 $709 $27,775 $15,750 $12,025
2024 $657 $27,775 $15,750 $12,025
2023 $657 $30,649 $19,215 $11,434
2022 $609 $26,494 $15,750 $10,744
2021 $564 $22,843 $12,285 $10,558
2020 $521 $22,947 $12,285 $10,662
2019 $488 $22,637 $11,970 $10,667
2018 $466 $18,335 $7,875 $10,460
2017 $548 $18,688 $7,875 $10,813
2016 $437 $16,190 $5,040 $11,150
2015 $435 $15,919 $5,040 $10,879
2014 $422 $15,175 $4,410 $10,765
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Stacey Chen

    New Life Realty

    (702) 787-6996

    16 Total Sales

    Stacey Chen
    Section Image

  • L

    Buyer's Agent in 2018

    Lisa Lavelle

    Rustic Elegance Nevada Living

    (702) 326-2230

    26 Total Sales

    Lisa Lavelle
    Section Image

  • H

    Seller's Agent in 2017

    Harry Lee

    U Home Agency LLC

    (702) 244-0120

    33 Total Sales

    Harry Lee
    Section Image

  • J

    Buyer's Agent in 2017

    Jackson Kwan

    New Life Realty

  • Michael Ring

    Seller's Agent in 2012

    Michael Ring

    Go Global Realty

    (702) 778-1500

    6 Total Sales

    Michael Ring
    Section Image

  • A

    Buyer's Agent in 2012

    Admin Assistant

    NON-MLS OFFICE

    (702) 260-1003

    5,735 Total Sales

    Admin Assistant
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2015342

Las Vegas REALTORS®

APN: 163-24-612-665

Nevada Clark County Las Vegas 89103

5031 Indian River Dr Unit 181, Las Vegas, NV

Not Listed for Sale

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