NOT LISTED FOR SALE

540 Elm Dr Unit 202 Las Vegas, NV 89169

University District Neighborhood

Estimated Value: $151,000 - $183,000

2 Beds
2 Baths
770 Sq Ft
0.27 Acres

Last Sold February 14, 2019

Last sale price $110,000 $143 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $961/month

3 Days on Market

Highlights

  • Gated Community
  • Private Yard
  • Two cooling system units
  • Main Floor Bedroom
  • Community Pool
  • Ceramic Tile Flooring

About This Home

As of February 2019

Property Id: 385937

Walking distance to Convention Center and Sphere. Lease term is for 6 months or 1 year. Stable employment history and stable rentle history required. Turbotenant will charge an application fee if you decide to apply. Please leave a voicemail, text message or email with desired time for viewing. This unit is a loft plus a small bedroom downstairs. Thank you.

Last Agent to Sell the Property

Mike Oliver

Coldwell Banker Premier License #S.0169549 Listed on: 01/11/2019

Coldwell Banker Premier

Last Buyer's Agent

Xiaoting Li

LXT Real Estate License #B.1002982

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $319

Year Built

  • Built in 1985

Lot Details

  • South Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Private Yard
  • Property is in good condition

Home Design

  • Tile Roof

Interior Spaces

  • 770 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Open Parking
  • Assigned Parking

Schools

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

Utilities

  • Two cooling system units
  • Window Unit Cooling System
  • Central Air
  • Multiple Heating Units
  • Wall Furnace
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management
  • Paradise Colony Association, Phone Number (702) 942-2500
  • Paradise Colony Unit 2 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

$319

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PARADISE COLONY-UNIT 2
  • Directions: From DESERT INN and PARADISE - South on PARADISE to ELM - Left (E) on ELM - drive to second gate and park in lot. Lock box on gate near pedestrian gate and has keys to gate and unit.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1985

Interior Features

  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Bedroom on Main Level, Window Treatments
  • Living Area: 770.0
  • Window Features: Window Treatments

Exterior Features

  • Fencing: Full
  • Lot Features: Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, Covenants/Restrictions Disclosure
  • Construction Type: Drywall
  • Direction Faces: South
  • Exterior Features: Private Yard
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Assigned, Detached Carport, Open, One Space

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Main Level
  • Cooling: Central Air, Electric, 2 Units, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Multiple Heating Units, Wall Furnace
  • 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: 160.0
  • Association Name: Paradise Colony
  • Phone: 702-942-2500
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management

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: 1190.0
  • Zoning Description: Multi-Family,Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 319.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Feb 7, 2019
Sold by
Burton Jeffrey Alan
Bought by
Fang Wei
Seller's Agent
Mike Oliver
Coldwell Banker Premier
Buyer's Agent
Xiaoting Li
LXT Real Estate
List Price
$114,900
Sold Price
$110,000
Premium/Discount to List
-$4,900
-4.26%
Current Estimated Value
$167,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,638
Avg. Annual Appreciation
6.67%

Purchase Details

Listed on
May 2, 2018
Closed on
May 23, 2018
Sold by
Guzman Paul J and Guzman Sheri L
Bought by
Burton Jeffrey Alan and The Jeffrey Alan Burton Living Trust
Seller's Agent
Brenda Summers
BHHS Nevada Properties
Buyer's Agent
Mike Oliver
Coldwell Banker Premier
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.24%

Purchase Details

Closed on
Nov 1, 2002
Sold by
Hurlbut Timothy W
Bought by
Peters Marcia Hl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
5.96%

Purchase Details

Closed on
Oct 21, 2002
Sold by
Peters Marcia Hl
Bought by
Guzman Paul J and Guzman Sheri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
5.96%

Purchase Details

Closed on
Dec 29, 1993
Sold by
Vinson Floyd
Bought by
Peters Marcia Hl

Purchase Details

Closed on
Oct 19, 1993
Sold by
Peters Marcia H
Bought by
Vinson Floyd
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
Fang Wei $110,000 Lawyers Title Las Vegas
Burton Jeffrey Alan $95,000 Ticor Title Las Vegas
Peters Marcia Hl -- Stewart Title Of Nevada
Guzman Paul J $65,000 Stewart Title Of Nevada
Peters Marcia Hl -- --
Vinson Floyd $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fang Wei $105,000
Previous Owner Guzman Paul J $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 For Rent $900 0.0% --
02/06/2025 02/06/25 Price Changed $900 -14.3% $1 / Sq Ft
11/29/2024 11/29/24 Off Market $1,050 -- --
11/21/2024 11/21/24 For Rent $1,050 0.0% --
02/14/2019 02/14/19 Sold $110,000 -4.3% $143 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $114,900 +20.9% $149 / Sq Ft
05/25/2018 05/25/18 Sold $95,000 -4.9% $123 / Sq Ft
05/02/2018 05/02/18 For Sale $99,900 -- $130 / 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 $517 $22,912 $9,450 $13,462
2024 $480 $22,912 $9,450 $13,462
2023 $480 $25,307 $12,600 $12,707
2022 $444 $21,353 $9,450 $11,903
2021 $412 $20,404 $8,750 $11,654
2020 $379 $22,101 $10,500 $11,601
2019 $356 $19,626 $8,050 $11,576
2018 $339 $16,315 $4,900 $11,415
2017 $480 $16,363 $4,550 $11,813
2016 $319 $15,544 $3,500 $12,044
2015 $317 $14,622 $2,800 $11,822
2014 $307 $10,159 $3,150 $7,009
Source: Public Records

Agents Affiliated with this Home

  • Mike Oliver

    Seller's Agent in 2019

    Mike Oliver

    Coldwell Banker Premier

    (702) 525-6319

    2 in this area

    72 Total Sales

    Section Image

  • X

    Buyer's Agent in 2019

    Xiaoting Li

    LXT Real Estate

    (702) 324-8779

    68 Total Sales

    Section Image

  • B

    Seller's Agent in 2018

    Brenda Summers

    BHHS Nevada Properties

    (702) 525-3207

    6 Total Sales

    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2060939

Las Vegas REALTORS®

APN: 162-15-212-035

Nevada Clark County Las Vegas 89169 University District

540 Elm Dr Unit 202, Las Vegas, NV

This home is located at 540 Elm Dr Unit 202, Las Vegas, NV 89169 since 11 January 2019 and is currently estimated at $167,344, approximately $217 per square foot. This property was built in 1985. 540 Elm Dr Unit 202 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