NOT LISTED FOR SALE

5331 Severance Ln Las Vegas, NV 89131

Tule Springs Neighborhood

Estimated Value: $1,082,000 - $1,187,078

1 Bed
1.5 Baths
4,453 Sq Ft
$257/Sq Ft Est. Value

Last Sold October 07, 2015

Last sale price $590,000 $132 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,749/month

Highlights

  • 0.88 Acre Lot
  • Central Heating and Cooling System
  • 2 Car Garage
  • No HOA
  • Ceiling Fan
  • Washer and Dryer

About This Home

As of March 2022

The 1,300 sq ft guest house is what's for rent. It has its own driveway with RV parking and private entry. Its separated by a full fence and has its own private and spacious backyard. Its 1 bedroom plus a large office, Very large walk in closet, laundry room with included washer and dryer, upgraded kitchen appliances, 2 car garage.

Last Agent to Rent the Property

Jansen Taylor

Signature Real Estate Group License #S.0055674 Listed on: 03/01/2022

Last Renter's Agent

Jansen Taylor

Signature Real Estate Group License #S.0055674 Listed on: 03/01/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,218

Year Built

  • Built in 2003

Lot Details

  • 0.88 Acre Lot
  • West Facing Home
  • Wrought Iron Fence
  • Back Yard Fenced

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Stucco

Interior Spaces

  • 4,453 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry on main level
  • Washer and Dryer

Schools

  • Heckethorn Howard E Elementary School
  • Saville Anthony Middle School
  • Shadow Ridge High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $1,500
  • Property Available on 2/28/22
  • Tenant pays for electricity, gas
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,218

Year Built

Built in 2003

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas
  • Available Date: 2022-02-28
  • Security Deposit: 1500.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.88
  • Subdivision Name: NONE
  • Directions: From Elkhorn and Bradley, go North on Bradley and its on the corner of Bradley and Severance. The unit is the one facing Bradley ( West)
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2003
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s)
  • Living Area: 4453.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Back Yard, Wrought Iron
  • Pool Private: No
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Roof: Pitched

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level
  • 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: No

Schools

  • Elementary School: Heckethorn Howard E,Heckethorn Howard E
  • High School: Shadow Ridge
  • Middle Or Junior School: Saville Anthony

Lot Info

  • Lot Size Sq Ft: 38333.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2015
Closed on
Oct 28, 2015
Sold by
Valenzuelaiii Roberto and Valenzuela April
Bought by
Somos5 Living Trust
Seller's Agent
Scott Pharris
Icon Realty
Buyer's Agent
Jansen Taylor
Signature Real Estate Group
List Price
$679,900
Sold Price
$590,000
Premium/Discount to List
-$89,900
-13.22%
Current Estimated Value
$1,143,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,770
Avg. Annual Appreciation
6.85%
Original Mortgage
$113,941
Outstanding Balance
$89,094
Interest Rate
3.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,054,676

Purchase Details

Listed on
Jun 28, 2015
Closed on
Sep 23, 2015
Sold by
Werner Stacy and Tanguay Toni D
Bought by
Valenzuela Roberto and Valenzuela April
Seller's Agent
Scott Pharris
Icon Realty
Buyer's Agent
Jansen Taylor
Signature Real Estate Group
List Price
$679,900
Sold Price
$590,000
Premium/Discount to List
-$89,900
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,941
Outstanding Balance
$89,094
Interest Rate
3.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,054,676

Purchase Details

Closed on
Aug 6, 2001
Sold by
Severance Kenneth C and Severance Loraine M
Bought by
Werner Michael A and Werner Stacy

Purchase Details

Closed on
Mar 16, 2000
Sold by
Severance Kenneth C and Severance Loraine M
Bought by
Severance Kenneth C and Severance Loraine M

Purchase Details

Closed on
Feb 17, 2000
Sold by
Severance Kenneth C and Severance Loraine M
Bought by
Severance Kenneth C and Severance Loraine M
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
Somos5 Living Trust -- None Available
Valenzuela Roberto $590,000 Ort Co Of Nevada
Werner Michael A $65,000 First American Title Co
Severance Kenneth C -- --
Severance Kenneth C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valenzuela Roberto $113,941
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2022 05/28/22 Off Market $1,950 -- --
03/17/2022 03/17/22 Rented $1,950 0.0% --
03/01/2022 03/01/22 For Rent $1,950 0.0% --
10/07/2015 10/07/15 Sold $590,000 -13.2% $188 / Sq Ft
09/07/2015 09/07/15 Pending -- -- --
06/28/2015 06/28/15 For Sale $679,900 -- $217 / 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 $8,218 $306,437 $79,625 $226,812
2024 $7,979 $306,437 $79,625 $226,812
2023 $7,979 $275,976 $63,000 $212,976
2022 $7,747 $251,884 $56,700 $195,184
2021 $7,521 $239,483 $54,180 $185,303
2020 $7,299 $237,564 $54,180 $183,384
2019 $7,211 $232,294 $51,975 $180,319
2018 $6,880 $214,773 $40,950 $173,823
2017 $7,073 $215,747 $39,375 $176,372
2016 $6,437 $218,460 $39,375 $179,085
2015 $6,427 $205,723 $29,925 $175,798
2014 $6,239 $190,688 $21,000 $169,688
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2022

    Jansen Taylor

    Signature Real Estate Group

    86 Total Sales

    Jansen Taylor
    Section Image

  • S

    Seller's Agent in 2015

    Scott Pharris

    Icon Realty

    (702) 326-0119

    9 in this area

    95 Total Sales

    Scott Pharris
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2374314

Las Vegas REALTORS®

APN: 125-13-801-001

Nevada Clark County Las Vegas 89131 Tule Springs

5331 Severance Ln, Las Vegas, NV

This home is located at 5331 Severance Ln, Las Vegas, NV 89131 since 01 March 2022 and is currently priced at $1,143,770. This property was built in 2003. 5331 Severance Ln is a home located in Clark County with nearby schools including Howard E Heckethorn Elementary School, Anthony Saville Middle School, and Shadow Ridge 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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