$95,000
SOLD MAY 25, 2018
1 Bed
2 Baths
770 Sq Ft
$160/mo HOA Fee

Recently Sold

$123 Per Sq Ft

5% Below List Price

22 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Ceramic Tile Flooring
  • Main Floor Bedroom
  • Window Unit Cooling System
  • Awning

About This Home

As of February 2019

Adorable condo offers everything you need to move right in while conveniently located within minutes of the Las Vegas Strip, Fashion Show Mall and Interstate access. This unit has been well maintained and is in immaculate condition. It is an investors dream, with the potential of a 7.15% or better cap rate. Bring your buyers, bring your investors, it will not disappoint.

Last Agent to Sell the Property

Brenda Summers

BHHS Nevada Properties License #S.0008788 Listed on: 05/02/2018

BHHS Nevada Properties

Last Buyer's Agent

Mike Oliver

Coldwell Banker Premier License #S.0169549

Coldwell Banker Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $319

Year Built

  • Built in 1985

Lot Details

  • South Facing Home
  • Wrought Iron Fence
  • Property is Fully Fenced
  • Landscaped
  • Zero Lot Line
  • Property is in good condition

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Frame Construction
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 770 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Drapes & Rods
  • Blinds
  • Ceramic Tile Flooring
  • Prewired Security

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Assigned Parking

Schools

  • Peterson Dean* Elementary School
  • West Prep Middle School
  • Valley High School

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Wall Furnace
  • Electric Water Heater

Community Details

Overview

  • Association fees include management, ground maintenance, water
  • 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

$319

Year Built

Built in 1985

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PARADISE COLONY-UNIT 2
  • Directions: From D.I. and Paradise, head south on Paradise, turn left on Elm into Paradise Colony complex, go all the way back to last gate and park in lot.
Electronic Lock Box will be at walking gate entrance. Need key in Lock Box to open walking gate. Walk around front of bldg facing Elm, unit upstairs.
  • Architectural Style: Two Story
  • Carport Y N: No
  • 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, Refrigerator, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s)
  • Living Area: 770.0
  • Window Features: Blinds, Drapes

Exterior Features

  • Fencing: Full, Wrought Iron
  • Lot Features: Landscaped, Zero Lot Line
  • Pool Features: Association
  • Pool Private: No
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Exterior Steps, Awning(s)
  • Property Condition: Good Condition, Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Assigned, Covered

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Main Level
  • Security: Prewired, Gated Community
  • Cooling: Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Multiple Heating Units, Wall Furnace
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Gated, Pool
  • Association Fee: 160.0
  • Association Fee Frequency: Monthly
  • Association Name: Paradise Colony
  • Phone: 702-942-2500
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Water

Schools

  • Elementary School: Peterson Dean*,Peterson Dean*
  • High School: Valley
  • Middle Or Junior School: West Prep

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • 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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $110,000 Lawyers Title Las Vegas
Bargain Sale Deed $95,000 Ticor Title Las Vegas
Interfamily Deed Transfer -- Stewart Title Of Nevada
Bargain Sale Deed $65,000 Stewart Title Of Nevada
Quit Claim Deed -- --
Quit Claim Deed $57,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $105,000 New Conventional
Previous Owner $58,500 No Value Available
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

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Map

Source: Las Vegas REALTORS®

MLS Number: 1990618

Las Vegas REALTORS®

APN: 162-15-212-035