NOT LISTED FOR SALE

5201 S Torrey Pines Dr Unit 1224 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated Value: $270,000 - $287,000

2 Beds
2 Baths
1,128 Sq Ft
$175/mo HOA Fee

Last Sold July 27, 2012

Last sale price $82,500 $73 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $1,816/month

67 Days on Market

Highlights

  • Gated Community
  • Balcony
  • Laundry closet
  • Community Pool
  • 2 Car Attached Garage
  • Ceramic Tile Flooring

About This Home

As of July 2012

THIS BEAUTIFUL COND FEATURES TWO BEDROOMS, TWO BATHROOMS, NEW CARPET, NEW PAINT, OPEN FLOOR PLAN, TWO BALCONIES, TWO CAR GARAGE IN A GATED COMMUNITY.BUY THIS PROPERTY AS LOW AS 3% DOWN, APPROVED FOR HOMEPATH AND HOMEPATH RENOVATION FINANCING. BUYER TO VERIFY INFO

Last Agent to Sell the Property

Mina Farah

Real Estate of Las Vegas License #B.0023665 Listed on: 04/20/2012

Last Buyer's Agent

Michael Yu

Century 21 1st Priority Realty License #S.0078671

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $866

Year Built

  • Built in 1994

Lot Details

  • North Facing Home
  • Landscaped
  • Property is in good condition

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,128 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Gas Dryer Hookup

Outdoor Features

  • Balcony

Schools

  • Earl Marion B Elementary School
  • Sawyer Grant Middle School
  • Durango High School

Utilities

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

Community Details

Overview

  • Association fees include management, ground maintenance, trash, water
  • Spring Oaks Village Association, Phone Number (702) 933-7764
  • Spring Oaks Village & Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$866

Year Built

Built in 1994

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: SPRING OAKS VILLAGE & AMD
  • Directions: SOUTH ON TORREY PINES FROM TROPICANA RIGHT TO SPRING OAKS VILLAGE ENTRANCE, FOLLOW TO BUILDING 53
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1994
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: 20
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Gas Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None

Exterior Features

  • Fencing: None
  • Lot Features: Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Private

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Gated, Pool
  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association Name: Spring Oaks Village
  • Phone: 702-933-7764
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Trash, Water

Schools

  • Elementary School: Earl Marion B,Earl Marion B
  • High School: Durango
  • Middle Or Junior School: Sawyer Grant

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 2550.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 866.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2012
Closed on
Jul 25, 2012
Sold by
Lee Jungtae
Bought by
Lee Myung Sook
Seller's Agent
Mina Farah
Real Estate of Las Vegas
Buyer's Agent
Michael Yu
Century 21 1st Priority Realty
List Price
$82,500
Sold Price
$82,500
Total Days on Market
67
Current Estimated Value
$277,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,129
Avg. Annual Appreciation
9.90%
Original Mortgage
$66,000
Outstanding Balance
$46,326
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$231,303

Purchase Details

Listed on
Apr 20, 2012
Closed on
Jul 6, 2012
Sold by
Fannie Mae
Bought by
Lee Myung Sook
Seller's Agent
Mina Farah
Real Estate of Las Vegas
Buyer's Agent
Michael Yu
Century 21 1st Priority Realty
List Price
$82,500
Sold Price
$82,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Outstanding Balance
$46,326
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$231,303

Purchase Details

Closed on
Feb 23, 2012
Sold by
Lichterman David R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 27, 2003
Sold by
Long Barry S
Bought by
Lichterman David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
5.79%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2002
Sold by
Long Barry
Bought by
Long Barry S and Barry S Long Separate Property Trust

Purchase Details

Closed on
Oct 26, 2001
Sold by
Long Elizabeth Lynne
Bought by
Long Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,350
Interest Rate
6.87%

Purchase Details

Closed on
Oct 22, 2001
Sold by
Cuevas Hector Lomeli
Bought by
Long Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,350
Interest Rate
6.87%

Purchase Details

Closed on
Oct 23, 1998
Sold by
Shidell Frederick C and Shidell Sandra L
Bought by
Cuevas Hector Lomeli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,850
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 1994
Sold by
Spring Oaks Properties
Bought by
Shidell Fredrick C and Shidell Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,950
Interest Rate
8.91%
Source: Public Records

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Range of Values:

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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
Lee Myung Sook -- Stewart Title Las Vegas War
Lee Myung Sook $82,500 Stewart Title Las Vegas War
Federal National Mortgage Association $179,678 Premier American Title
Lichterman David R $119,500 Equity Title Of Nevada
Long Barry S $119,500 Equity Title Of Nevada
Long Barry S -- --
Long Barry -- United Title
Long Barry $113,000 United Title
Cuevas Hector Lomeli $93,000 Nevada Title Company
Shidell Fredrick C $80,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Myung Sook $66,000
Previous Owner Lichterman David R $8,000
Previous Owner Lichterman David R $174,400
Previous Owner Lichterman David R $20,000
Previous Owner Lichterman David R $147,500
Previous Owner Lichterman David R $130,000
Previous Owner Lichterman David R $116,250
Previous Owner Long Barry $107,350
Previous Owner Cuevas Hector Lomeli $89,850
Previous Owner Shidell Fredrick C $79,950
Closed Cuevas Hector Lomeli $2,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2012 07/27/12 Sold $82,500 0.0% $73 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $82,500 -- $73 / 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 $1,038 $53,678 $22,313 $31,365
2024 $1,008 $53,678 $22,313 $31,365
2023 $1,008 $56,464 $27,370 $29,094
2022 $979 $48,513 $21,420 $27,093
2021 $951 $45,964 $19,635 $26,329
2020 $920 $45,891 $19,635 $26,256
2019 $893 $43,146 $16,940 $26,206
2018 $867 $39,106 $13,475 $25,631
2017 $1,128 $38,467 $12,238 $26,229
2016 $822 $34,170 $8,470 $25,700
2015 $819 $27,676 $6,160 $21,516
2014 $794 $26,306 $5,775 $20,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1244604

Las Vegas REALTORS®

APN: 163-26-210-388