NOT LISTED FOR SALE

540 Elm Dr Unit 104 Las Vegas, NV 89169

University District Neighborhood

Estimated Value: $131,000 - $145,000

1 Bed
1 Bath
462 Sq Ft
$150/mo HOA Fee

Last Sold November 28, 2018

Last sale price $85,000 $184 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $928/month

93 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Patio
  • Main Floor Primary Bedroom
  • Double Pane Windows
  • Laundry closet

About This Home

As of November 2018

Fully furnished and move-in ready! Great gated community just a 10 minute walk from the Strip. Desirable corner unit location. Bright, open and airy with woodlike laminate flooring and upgraded baseboards throughout. Breakfast bar in the kitchen. The living room has a Murphy bed that folds out, which the owner uses as a den. Sparkling community pool.

Last Agent to Sell the Property

Ted Morrison

Realty ONE Group, Inc License #S.0068747 Listed on: 07/27/2018

Realty ONE Group, Inc

Last Buyer's Agent

Kami Zargari

Triumph Property Management Co License #B.1000830

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $244

Year Built

  • Built in 1985

Lot Details

  • East Facing Home
  • Landscaped
  • Property is in good condition

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 462 Sq Ft Home
  • Double Pane Windows
  • Laminate Flooring
  • Prewired Security

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Assigned Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Patio

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities
  • Paradise Colony Association, Phone Number (702) 942-2500
  • Paradise Colony Unit 2 Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$244

Year Built

Built in 1985

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PARADISE COLONY-UNIT 2
  • Directions: From Twain and Paradise, North on Paradise, East on Elm Drive to 2nd gate on the left. Unit is on the left, building 6 unit 104.
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Windows
  • Property Attached Yn: Yes
  • Year Built Details: RESALE
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Year Built: 1985

Interior Features

  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs
  • Living Area: 462.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: None
  • Lot Features: Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Direction Faces: East
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Gated, Pool
  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association Name: Paradise Colony
  • Phone: 702-942-2500
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Recreation Facilities

Schools

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

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 462.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 244.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Lipa Trust and Penzov Ivan
Bought by
Elm Rental Properties Llc
Current Estimated Value
$135,996

Purchase Details

Closed on
Aug 20, 2024
Sold by
Penzov Ivan
Bought by
Lipa Trust and Penzov

Purchase Details

Listed on
Jul 27, 2018
Closed on
Nov 26, 2018
Sold by
Smith Management Llc
Bought by
Penzov Ivan
Seller's Agent
Ted Morrison
Realty ONE Group, Inc
Buyer's Agent
Kami Zargari
Triumph Property Management Co
List Price
$105,000
Sold Price
$85,000
Premium/Discount to List
-$20,000
-19.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Mar 2, 2018
Sold by
Specker Darcy
Bought by
Smioth Management Llc

Purchase Details

Closed on
Apr 18, 2016
Sold by
Smith Deborah L
Bought by
Specker Darcy

Purchase Details

Closed on
May 19, 2014
Sold by
Banovac Ivo
Bought by
Smith Deborah L

Purchase Details

Closed on
Oct 4, 2013
Sold by
Fisher Robbin
Bought by
Banovac Ivo

Purchase Details

Closed on
Sep 19, 2001
Sold by
Klomp Jd Gerald C Vander
Bought by
Fisher Robbin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,800
Interest Rate
6.9%

Purchase Details

Closed on
Nov 20, 2000
Sold by
Nesmith Eligah and Nesmith Valerie
Bought by
Vander Klomp Jd Gerald C

Purchase Details

Closed on
Sep 3, 1998
Sold by
Associated Investment Properties Inc
Bought by
Nesmith Eligah and Nesmith Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
6.92%
Mortgage Type
Seller Take Back
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
Elm Rental Properties Llc -- Security 1St Title
Lipa Trust -- None Listed On Document
Penzov Ivan $85,000 Ticortitle Las Vegas 41
Smioth Management Llc $36,094 None Available
Specker Darcy $33,331 None Available
Smith Deborah L $60,000 Ticor Title Las Vegas
Banovac Ivo $38,000 Ticor Title
Fisher Robbin $51,000 Lawyers Title
Vander Klomp Jd Gerald C $46,317 Old Republic Title Company
Nesmith Eligah $47,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fisher Robbin $40,800
Previous Owner Nesmith Eligah $41,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2018 11/28/18 Sold $85,000 -19.0% $184 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $105,000 -- $227 / 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 $395 $18,191 $9,450 $8,741
2024 $366 $18,191 $9,450 $8,741
2023 $366 $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

  • Ted Morrison

    Seller's Agent in 2018

    Ted Morrison

    Realty ONE Group, Inc

    (702) 321-2370

    1 in this area

    85 Total Sales

    Section Image
  • Kami Zargari

    Buyer's Agent in 2018

    Kami Zargari

    Triumph Property Management Co

    (702) 367-2323

    2 in this area

    164 Total Sales

    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2017081

Las Vegas REALTORS®

APN: 162-15-212-027

Nevada Clark County Las Vegas 89169 University District

540 Elm Dr Unit 104, Las Vegas, NV

This home is located at 540 Elm Dr Unit 104, Las Vegas, NV 89169 since 27 July 2018 and is currently estimated at $136,579, approximately $295 per square foot. This property was built in 1985. 540 Elm Dr Unit 104 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.

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