NOT LISTED FOR SALE

540 Elm Dr Unit 103 Las Vegas, NV 89169

University District Neighborhood

Estimated Value: $131,000 - $164,000

1 Bed
1 Bath
462 Sq Ft
$234/mo HOA Fee

Last Sold January 08, 2024

Last sale price $120,000 $260 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,000/month

100 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Guest Parking
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • 1 Detached Carport Space

About This Home

As of January 2024

Shopping, World Class dining, entertainment, and more!

This condo has a lot of potential and it's super convenient location is approximately 1 mile from the World Famous, Las Vegas Blvd - "The Strip".

Hundreds of restaurants, multiple golf courses, shopping centers, Fashion Show Mall, Convention Center, public transportation, all within a 2 mile radius. This 1 bedroom, 1 bath corner unit condo is located in a gated community. This 1st floor, has an upgraded Carrier AC unit, stainless steel range, walk-in tub and more. Could be a great vacation pad!

Last Agent to Sell the Property

Brian Horner

Real Estate One LLC Brokerage Phone: 702-435-1111 License #B.0016647 Listed on: 08/09/2023

Real Estate One LLC

Last Buyer's Agent

Jacques Villars

Networth Realty of Las Vegas License #BS.0146926

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $475

Year Built

  • Built in 1985

Lot Details

  • East Facing Home
  • Property is Fully Fenced
  • Block Wall Fence
  • Landscaped
  • Property is in below average condition

HOA Fees

  • $234 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 462 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Electric Range

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Parking

  • 1 Detached Carport Space
  • Guest Parking

Schools

  • Petersen Elementary School
  • Orr William E. Middle School
  • Valley High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

Overview

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

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$475

Year Built

Built in 1985

Lot Details

0

HOA Fees

$234 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: Paradise Colony
  • Directions: Head East on Sands (Spring Mountain) to Paradise, then Left (North) on Paradise. Right (East) on Elm, Paradise Colony is located on the left (North) side of the street.
  • 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: 702-435-1111
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1985

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Electric Range
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Vinyl
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs, Window Treatments
  • Living Area: 462.0

Exterior Features

  • Fencing: Block, Full
  • Lot Features: 1 to 5 Acres, Landscaped
  • Pool Features: Association
  • Pool Private: No
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Exterior Features: Patio
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Poor Condition, Resale
  • Roof: Flat

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Main Level
  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Pool
  • Association #2 Fee: 234.0
  • Association #2 Fee Frequency: Monthly
  • Association Name: Paradise Colony
  • Phone: 702-942-2500
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Trash

Schools

  • Elementary School: Petersen, Dean,Petersen, Dean
  • High School: Valley
  • Middle Or Junior School: Orr William E.

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 462.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family,Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 475.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2025
Sold by
Destiny 2021 Llc
Bought by
Olvera Saul
Current Estimated Value
$133,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Outstanding Balance
$127,890
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$16,569

Purchase Details

Listed on
Aug 9, 2023
Closed on
Jan 10, 2024
Sold by
Parlay Property Holdings Llc
Bought by
Destiny 2021 Llc
Seller's Agent
Brian Horner
Real Estate One LLC
Buyer's Agent
Jacques Villars
Networth Realty of Las Vegas
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Views
238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%

Purchase Details

Listed on
Aug 9, 2023
Closed on
Dec 27, 2023
Sold by
Pratt David J and Garcia Mary S
Bought by
Parlay Property Holdings Llc
Seller's Agent
Brian Horner
Real Estate One LLC
Buyer's Agent
Jacques Villars
Networth Realty of Las Vegas
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Views
238

Purchase Details

Closed on
Oct 18, 2011
Sold by
Garcia Mary S
Bought by
Garcia Mary S and Pratt Victor E
Source: Public Records

Range of Values:

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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
Olvera Saul $160,000 Old Republic Title
Destiny 2021 Llc $125,000 Equity Title
Parlay Property Holdings Llc $120,000 Netco Title
Garcia Mary S $30,783 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olvera Saul $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Sold $120,000 -4.0% $260 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $125,000 -- $271 / 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 $394 $18,191 $9,450 $8,741
2024 $517 $18,191 $9,450 $8,741
2023 $517 $20,855 $12,600 $8,255
2022 $475 $17,217 $9,450 $7,767
2021 $314 $16,331 $8,750 $7,581
2020 $288 $18,267 $10,500 $7,767
2019 $270 $15,875 $8,050 $7,825
2018 $258 $12,633 $4,900 $7,733
2017 $368 $12,538 $4,550 $7,988
2016 $243 $11,641 $3,500 $8,141
2015 $241 $10,101 $2,800 $7,301
2014 $234 $7,740 $3,150 $4,590
Source: Public Records

Agents Affiliated with this Home

  • Brian Horner

    Seller's Agent in 2024

    Brian Horner

    Real Estate One LLC

    (702) 498-4444

    7 in this area

    228 Total Sales

    Section Image

  • J

    Buyer's Agent in 2024

    Jacques Villars

    Networth Realty of Las Vegas

    (702) 580-7031

    4 in this area

    47 Total Sales

    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2516004

Las Vegas REALTORS®

APN: 162-15-212-028

Nevada Clark County Las Vegas 89169 University District

540 Elm Dr Unit 103, Las Vegas, NV

This home is located at 540 Elm Dr Unit 103, Las Vegas, NV 89169 since 09 August 2023 and is currently estimated at $144,459, approximately $312 per square foot. This property was built in 1985. 540 Elm Dr Unit 103 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.

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