NOT LISTED FOR SALE

5323 Hanging Tree Ln Las Vegas, NV 89118

Estimated Value: $372,000 - $382,000

3 Beds
2.5 Baths
1,468 Sq Ft
$256/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $342,000 $233 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,135/month

Highlights

  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • East Facing Home
  • Tile Flooring
  • Washer and Dryer
  • Partially Fenced Property

About This Home

As of July 2023

Cozy single family house in central Las Vegas recently remodeled. New range and quartz countertop in the kitchen. Community park with pool, playground, and dog park nicely setup in Community. Unique corner lot next to a guest parking spot, wider side yard with bigger lot size. Attached two car garage with direct access to the house. Bright, open floor plan, new paint throughout the house. Close to "The Strip", Shopping, and Schools. Tenant pays $50 additional sewer and trash monthly.

Last Agent to Rent the Property

Wan Deng

Vertex Realty & Property Manag Brokerage Phone: 702-916-3512 License #S.0181937 Listed on: 07/12/2023

Last Renter's Agent

Brittany Custard

Scofield Group LLC License #S.0181865

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,577

Year Built

  • Built in 1996

Lot Details

  • 2,614 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Block Wall Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,468 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer

Schools

  • Jydstrup 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

  • Property has a Home Owners Association
  • Cottonwood Association, Phone Number (702) 262-9091
  • Spring Valley Ranch Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Security Deposit $2,300
  • Property Available on 7/12/23
  • Tenant pays for cable TV, electricity, gas, grounds care, sewer, trash collection, water
  • The owner pays for association fees
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,577

Year Built

Built in 1996

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Sewer, Trash Collection, Water
  • Available Date: 2023-07-12
  • Security Deposit: 2300.0
  • Pet Deposit: 500.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.06
  • Subdivision Name: Spring Valley Ranch
  • Directions: From Jones & Hacienda, East on Hacienda, 1st right to the gate, then 1st left, 2nd right on Hanging Tree Corner. Park on driveway, Go thru side gate to the front door.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1996
  • ResoPropertyType: ResidentialLease
  • Attribution Contact: 702-916-3512
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Owner Pays: Association Fees
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Tile, Vinyl
  • Interior Amenities: None
  • Living Area: 1468.0

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • View: None
  • View: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Block, Stucco
  • Direction Faces: East
  • Roof: Tile

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: Cottonwood
  • Association Name: Cottonwood
  • Association Phone #2: 702-262-9091
  • Phone: 702-262-9091
  • Association: Yes
  • Pets Allowed: Call

Schools

  • Elementary School: Jydstrup, Helen M.,Jydstrup, Helen M.
  • High School: Durango
  • Middle Or Junior School: Sawyer Grant

Lot Info

  • Lot Size Sq Ft: 2614.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Jun 7, 2023
Sold by
Kwong Woon Cheong and Yin Ho
Bought by
Luo Jintao
Seller's Agent
Wan Deng
Vertex Realty & Property Manag
Buyer's Agent
Brittany Custard
Scofield Group LLC
Sold Price
$1,845
Views
120
Current Estimated Value
$376,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,662
Avg. Annual Appreciation
4.21%

Purchase Details

Closed on
Oct 11, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Kwong Woon Cheong and Yuen Yin Ho Alice

Purchase Details

Closed on
Jun 23, 2011
Sold by
Decastro Gloria
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 23, 2005
Sold by
Alvarez Michael and Flynn Debra
Bought by
Decastro Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 25, 1996
Sold by
Chartered Realty Partners Iv
Bought by
Alvarez Michael and Flynn Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,495
Interest Rate
8.3%
Mortgage Type
FHA
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
Luo Jintao $342,000 Lawyers Title
Kwong Woon Cheong $89,000 Chicago Title Las Vegas
Deutsche Bank National Trust Company $86,104 Accommodation
Decastro Gloria $257,000 Ticor Title Of Nevada Inc
Alvarez Michael $107,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Decastro Gloria $205,600
Previous Owner Alvarez Michael $97,495
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2023 07/28/23 Rented $1,845 +2.8% --
07/21/2023 07/21/23 Under Contract -- -- --
07/12/2023 07/12/23 For Rent $1,795 0.0% --
06/08/2023 06/08/23 Sold $342,000 -4.5% $233 / Sq Ft View Prior Sale
05/11/2023 05/11/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $358,000 -- $244 / 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 $1,577 $76,021 $28,000 $48,021
2024 $1,461 $76,021 $28,000 $48,021
2023 $1,461 $72,240 $26,600 $45,640
2022 $1,353 $63,216 $21,350 $41,866
2021 $1,253 $59,178 $19,250 $39,928
2020 $1,160 $58,293 $18,550 $39,743
2019 $1,087 $55,290 $16,100 $39,190
2018 $1,038 $50,861 $13,300 $37,561
2017 $1,465 $49,687 $11,900 $37,787
2016 $972 $47,508 $9,450 $38,058
2015 $970 $39,362 $6,650 $32,712
2014 $939 $30,801 $5,950 $24,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2511419

Las Vegas REALTORS®

APN: 163-25-312-038