NOT LISTED FOR SALE

521 Island Cove Boulder City, NV 89005

Estimated Value: $604,137 - $736,000

3 Beds
2.5 Baths
1,984 Sq Ft
$337/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $485,000 $244 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,812/month

2 Days on Market

Highlights

  • In Ground Pool
  • Great Room
  • 2 Car Attached Garage
  • Martha P. King Elementary School Rated 9+
  • Covered Patio or Porch
  • Cooling Available

About This Home

As of September 2018

Very nice single story home with beautiful views of Lake Mead. This is a 3 bedroom, 2 bath home with a pool, elevated sun deck and boat parking. The garage is an over sized 2 car garage. Tons of potential in this home.

Last Agent to Sell the Property

Mendy Wanigasekera

Wani Investments License #B.0145446 Listed on: 08/15/2018

Last Buyer's Agent

Mendy Wanigasekera

Wani Investments License #B.0145446 Listed on: 08/15/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 1985

Lot Details

  • 8,712 Sq Ft Lot
  • West Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Desert Landscape
  • Property is in below average condition

HOA Fees

  • $47 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,984 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Great Room

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Electric Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Mitchell Andrew* Elementary School
  • Garrett Elton M. Middle School
  • Boulder City High School

Utilities

  • Cooling Available
  • Multiple Heating Units
  • Central Heating
  • Heating System Uses Gas

Community Details

  • Association fees include management, common areas, taxes
  • Lake Terrace Association
  • Lake Terrace #1 Aka B.C. #38A Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,243

Year Built

Built in 1985

Lot Details

0

HOA Fees

$47 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Subdivision Name: LAKE TERRACE #1 AKA B.C. #38A
  • Directions: From US 93 turn Right onto Pacifica Way, (R) on Pinehurst, follow it to Island Cove. The home will be on your right
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1985

Interior Features

  • Private Spa: No
  • Appliances: Electric Range, Disposal
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Great Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs
  • Living Area: 1984.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Direction Faces: West
  • Exterior Features: Porch, Patio
  • Patio And Porch Features: Covered, Patio, Porch
  • Property Condition: Poor Condition, Resale
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, In Garage, Laundry Room
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas, Multiple Heating Units
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association Fee: 47.0
  • Association Fee Frequency: Monthly
  • Association Name: Lake Terrace
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Taxes

Schools

  • Elementary School: Mitchell Andrew*,King Martha
  • High School: Boulder City
  • Middle Or Junior School: Garrett Elton M.

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2243.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
Wade Bumby Daniel and Wade Marie Lynda
Bought by
Lyndan Trust
Current Estimated Value
$668,534

Purchase Details

Listed on
Aug 15, 2018
Closed on
Sep 12, 2018
Sold by
Irving John
Bought by
Bumby Daniel Wade and Bumby Lynda Marie
Seller's Agent
Mendy Wanigasekera
Wani Investments
Buyer's Agent
Mendy Wanigasekera
Wani Investments
List Price
$498,000
Sold Price
$485,000
Premium/Discount to List
-$13,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$385,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2018
Closed on
May 22, 2018
Sold by
Deutsche Bank Trust Company Americas
Bought by
Irving John and The John Irving Trust Of 2008
Seller's Agent
David Judd
Ojo Home LLC
Buyer's Agent
Dawn Giordano
Wynn Realty Group
List Price
$329,000
Sold Price
$381,675
Premium/Discount to List
$52,675
16.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
142.86%

Purchase Details

Closed on
Feb 6, 2018
Sold by
Gardner Matthew P
Bought by
Deutsche Bank Trust Co and Residential Accredit Loans Inc

Purchase Details

Closed on
Feb 17, 2005
Sold by
Eifrig Eric W
Bought by
Gardner Matthew P

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
5.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 20, 2004
Sold by
Eifrig William L
Bought by
Eifrig Eric W and The Elsie R Bell Revocable Living Trust

Purchase Details

Closed on
Jul 21, 2000
Sold by
Bell Elsie R
Bought by
Eifrig William L and The Elsie R Bell Revocable Living Trust

Purchase Details

Closed on
Feb 25, 2000
Sold by
Wolf Stanley J and Meyer Wolf Patti
Bought by
Bell Elsie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
8.16%

Purchase Details

Closed on
Oct 10, 1995
Sold by
Schaefer Peter M and Schaefer Linda I
Bought by
Wolf Stanley J and Meyer Patti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.48%
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
Lyndan Trust -- Hubel Ronald P
Bumby Daniel Wade $485,000 Old Republic Title
Irving John $363,500 Premium Title Agency Inc
Deutsche Bank Trust Co $373,120 Premium Title Tsg
Gardner Matthew P $512,000 Chicago Title
Eifrig Eric W $295,000 --
Eifrig William L -- --
Bell Elsie R $295,000 Nevada Title Company
Wolf Stanley J $300,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bumby Daniel Wade $385,000
Previous Owner Gardner Matthew P $400,000
Previous Owner Bell Elsie R $236,000
Previous Owner Wolf Stanley J $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Sold $485,000 -2.6% $244 / Sq Ft
08/18/2018 08/18/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $498,000 +30.5% $251 / Sq Ft
06/11/2018 06/11/18 Sold $381,675 +16.0% $192 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $329,000 -- $166 / 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 $2,812 $127,140 $57,750 $69,390
2024 $2,730 $127,140 $57,750 $69,390
2023 $2,730 $123,061 $56,000 $67,061
2022 $2,651 $114,882 $52,500 $62,382
2021 $2,573 $98,539 $38,500 $60,039
2020 $2,537 $98,487 $38,500 $59,987
2019 $2,463 $96,322 $36,750 $59,572
2018 $2,391 $91,564 $33,250 $58,314
2017 $2,430 $91,855 $33,250 $58,605
2016 $2,243 $87,217 $28,000 $59,217
2015 $2,238 $82,996 $24,500 $58,496
2014 $2,168 $80,809 $24,500 $56,309
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2022804

Las Vegas REALTORS®

APN: 181-33-513-016