NOT LISTED FOR SALE

5040 Palo Verde Rd Unit 1 Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $701,000 - $818,000

2 Beds
2 Baths
4,576 Sq Ft
$164/Sq Ft Est. Value

Highlights

  • 2 Fireplaces
  • Double Oven
  • Central Heating and Cooling System
  • No HOA
  • Laundry closet
  • Washer and Dryer

About This Home

As of November 2015

This home is located at 5040 Palo Verde Rd Unit 1, Las Vegas, NV 89119 since 24 September 2015 and is currently priced at $748,184. This property was built in 1977. 5040 Palo Verde Rd Unit 1 is a home located in Clark County with nearby schools including Gene Ward Elementary School, Jack Dailey Elementary School, and Helen C. Cannon Junior High School.

Last Agent to Rent the Property

Lourdes Veraque-Ebalo

WINWIN Realty & Property Manag License #B.0001912 Listed on: 09/24/2015

Last Renter's Agent

Lourdes Veraque-Ebalo

WINWIN Realty & Property Manag License #B.0001912 Listed on: 09/24/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 1977

Lot Details

  • 8,712 Sq Ft Lot
  • West Facing Home

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,576 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Blinds

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer

Schools

  • Cannon Helen C. Middle School
  • Del Sol High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $625
  • Property Available on 10/5/15
  • Tenant pays for cable TV, electricity, gas, water
  • 12 Month Lease Term

Community Details

Overview

  • No Home Owners Association
  • Palo Verde Villas Subdivision

Pet Policy

  • Pets Allowed
  • Pet Deposit $300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,175

Year Built

Built in 1977

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Water
  • Available Date: 2015-10-05
  • Security Deposit: 625.0
  • Pet Deposit: 300.0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.2
  • Subdivision Name: PALO VERDE VILLAS
  • Directions: From Las Vegas Blvd/Tropicana, go East, R on Palo Verde
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1977
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Electric Oven, Double Oven, Dryer, Dishwasher, Disposal, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 4576.0
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Pool Private: No
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Roof: Tile

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Schools

  • High School: Del Sol HS
  • Middle Or Junior School: Cannon Helen C.

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2024
Sold by
Ilagan Family Living Trust
Bought by
Branch Tommy
Current Estimated Value
$748,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,899
Outstanding Balance
$680,700
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$67,484

Purchase Details

Closed on
Apr 27, 2022
Sold by
Rodrigo Bundalian
Bought by
Ilagan Family Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2020
Sold by
Arcellana Rene C and Arcellana Carmelita
Bought by
Bundalian Rodrigo and Bundalian Marissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2008
Sold by
Marian Schoenfeld Living Trust
Bought by
Arcellana Rene C and Arcellana Carmelita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2006
Sold by
Bel Bernard
Bought by
Marian Schoenfeld Living Trust

Purchase Details

Closed on
Nov 18, 2005
Sold by
Schoenfield Marian and Bel Bernard
Bought by
Bel Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2004
Sold by
Belakiewicz Edward
Bought by
Schoenfeld Marian and Bel Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,645
Interest Rate
5.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 11, 2004
Sold by
Vergara Lilia and Vergara Lilia Jardin
Bought by
Belakiewicz Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,645
Interest Rate
5.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 2001
Sold by
Brennisen Lorenzo D
Bought by
Vergara Lilia Jardin

Purchase Details

Closed on
Oct 11, 2000
Sold by
Obrador Teodoro P and Obrador Armando F
Bought by
Brennisen Lorenzo D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,416
Interest Rate
7.96%

Purchase Details

Closed on
Mar 20, 1995
Sold by
Barbosa Pablo J and Barbosa Chris B
Bought by
Obrador Teodoro F and Obrador Armande F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
8.36%
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
Branch Tommy $769,888 Old Republic Title
Ilagan Family Living Trust $720,001 Fidelity National Title
Bundalian Rodrigo $489,000 Old Republic Title Co Of Nv
Arcellana Rene C $525,000 Old Republic Title Co Of Nv
Marian Schoenfeld Living Trust -- None Available
Bel Bernard -- Ticor Title Of Nevada Inc
Schoenfeld Marian $265,000 --
Belakiewicz Edward $265,000 Old Republic Title Co Of Ne
Vergara Lilia Jardin $230,000 --
Brennisen Lorenzo D $230,000 Fidelity National Title
Obrador Teodoro F $207,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Branch Tommy $692,899
Previous Owner Ilagan Family Living Trust $540,000
Previous Owner Bundalian Rodrigo $366,000
Previous Owner Arcellana Rene C $393,750
Previous Owner Bel Bernard $400,000
Previous Owner Belakiewicz Edward $246,645
Previous Owner Brennisen Lorenzo D $223,416
Previous Owner Obrador Teodoro F $165,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2015 11/03/15 Rented $625 0.0% --
10/04/2015 10/04/15 Under Contract -- -- --
09/24/2015 09/24/15 For Rent $625 -- --
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 $2,175 $117,692 $66,500 $51,192
2024 $2,049 $117,692 $66,500 $51,192
2023 $2,049 $105,635 $56,000 $49,635
2022 $1,882 $89,572 $41,300 $48,272
2021 $1,727 $88,343 $41,300 $47,043
2020 $1,601 $89,213 $41,300 $47,913
2019 $1,500 $78,642 $30,100 $48,542
2018 $1,432 $67,460 $19,600 $47,860
2017 $1,943 $65,567 $17,500 $48,067
2016 $1,341 $61,201 $10,500 $50,701
2015 $1,338 $43,428 $7,000 $36,428
2014 $1,296 $52,096 $10,500 $41,596
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2015

    Lourdes Veraque-Ebalo

    WINWIN Realty & Property Manag

    1 in this area

    30 Total Sales

    Lourdes Veraque-Ebalo
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1575760

Las Vegas REALTORS®

APN: 162-27-111-001

Nevada Clark County Las Vegas 89119 University District

5040 Palo Verde Rd Unit 1, Las Vegas, NV

This home is located at 5040 Palo Verde Rd Unit 1, Las Vegas, NV 89119 since 24 September 2015 and is currently priced at $748,184. This property was built in 1977. 5040 Palo Verde Rd Unit 1 is a home located in Clark County with nearby schools including Gene Ward Elementary School, Jack Dailey Elementary School, and Helen C. Cannon Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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