NOT LISTED FOR SALE

540 Elm Dr Unit 101 Las Vegas, NV 89169

University District Neighborhood

Estimated Value: $127,000 - $134,713

1 Bed
1 Bath
462 Sq Ft
$180/mo HOA Fee

Last Sold October 18, 2021

Last sale price $82,500 $179 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $904/month

65 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Tile Flooring
  • Main Floor Primary Bedroom
  • Cooling Available
  • Guest Parking

About This Home

As of October 2021

1 Bedroom, 1 Bath condo on 1st Floor. Community Pool. Covered Parking near Unit Front door. Laundry in Unit. Great Investment!

Last Agent to Sell the Property

Pamela Garrett

The PMG Realty Company LLC License #B.1000582 Listed on: 07/14/2021

Last Buyer's Agent

Kristen Aste

Principle Realty Advisors License #S.0055775

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $289

Year Built

  • Built in 1985

Lot Details

  • West Facing Home
  • Property is Fully Fenced
  • Desert Landscape
  • Property is in good condition

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 462 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Built-In Electric Oven

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Schools

  • Peterson Dean Elementary School
  • Orr William E. Middle School
  • Spring Valley High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

Overview

  • Association fees include ground maintenance, water
  • Paradise Colony HOA, Phone Number (702) 942-2500
  • Paradise Colony 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

$289

Year Built

Built in 1985

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Paradise Colony
  • Directions: From Paradise and Desert Inn. Right on to Elm Drive. Follow to last Gated entrance.
  • Architectural Style: One Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 702-604-4595
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1985

Interior Features

  • Private Spa: No
  • Appliances: Built-In Electric Oven, Dryer, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs
  • Living Area: 462.0

Exterior Features

  • Fencing: Full
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: West
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Covered, Detached Carport, Guest

Utilities

  • Laundry Features: Electric Dryer Hookup, Main Level
  • Security: Gated Community
  • Cooling: Electric, None
  • Cooling Y N: No
  • Heating: Electric, None
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Gated, Pool
  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association Name: Paradise Colony HOA
  • Phone: 702-942-2500
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Water

Schools

  • Elementary School: Peterson Dean,Peterson Dean
  • High School: Spring Valley HS
  • Middle Or Junior School: Orr William E.

Lot Info

  • Horse Amenities: None
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 289.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Oct 13, 2021
Sold by
Piraiegar Mohammad
Bought by
Granizzo Llc
Seller's Agent
Pamela Garrett
The PMG Realty Company LLC
Buyer's Agent
Kristen Aste
Principle Realty Advisors
List Price
$85,000
Sold Price
$82,500
Premium/Discount to List
-$2,500
-2.94%
Current Estimated Value
$126,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,495
Avg. Annual Appreciation
11.00%

Purchase Details

Closed on
Apr 26, 2006
Sold by
Halatai Mehrdad and Halatai Renee
Bought by
Piraiegar Mohammad

Purchase Details

Closed on
Apr 13, 2001
Sold by
Hickman Barbara L
Bought by
Halatai Mehrdad and Halatai Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,656
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 1993
Sold by
Polizzi Fred
Bought by
Hickman Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
6.91%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Granizzo Llc $82,500 First American Title Insu
Piraiegar Mohammad $54,500 Ticor Title Of Nevada Inc
Halatai Mehrdad $52,900 Old Republic Title Company
Hickman Barbara L $42,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halatai Mehrdad $51,656
Previous Owner Hickman Barbara L $33,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $82,500 -2.9% $179 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $85,000 -- $184 / 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 $343 $18,191 $9,450 $8,741
2024 $333 $18,191 $9,450 $8,741
2023 $349 $20,855 $12,600 $8,255
2022 $339 $17,217 $9,450 $7,767
2021 $314 $16,331 $8,750 $7,581
2020 $289 $18,267 $10,500 $7,767
2019 $271 $15,875 $8,050 $7,825
2018 $258 $12,633 $4,900 $7,733
2017 $368 $12,538 $4,550 $7,988
2016 $244 $11,641 $3,500 $8,141
2015 $242 $10,101 $2,800 $7,301
2014 $234 $7,740 $3,150 $4,590
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Pamela Garrett

    The PMG Realty Company LLC

    (702) 604-4595

    2 in this area

    11 Total Sales

    Section Image

  • K

    Buyer's Agent in 2021

    Kristen Aste

    Principle Realty Advisors

    3 in this area

    5 Total Sales

    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2314491

Las Vegas REALTORS®

APN: 162-15-212-030

Nevada Clark County Las Vegas 89169 University District

540 Elm Dr Unit 101, Las Vegas, NV

This home is located at 540 Elm Dr Unit 101, Las Vegas, NV 89169 since 14 July 2021 and is currently estimated at $130,238, approximately $281 per square foot. This property was built in 1985. 540 Elm Dr Unit 101 is a home located in Clark County with nearby schools including Dean Petersen Elementary School, William E. Orr Middle School, and Valley 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.

Nearby Homes