NOT LISTED FOR SALE

5456 Mercantile St Las Vegas, NV 89118

Estimated Value: $359,000 - $379,000

2 Beds
2.5 Baths
1,431 Sq Ft
$260/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $340,000 $238 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,244/month

Highlights

  • Gated Community
  • 2 Car Attached Garage
  • Landscaped
  • Community Pool
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of August 2024

Great starter home in a amazing gated community. 2 large bedrooms with double door den space. extended ceiling height in the bedrooms. Gated community with pool. Schedule your showings today!!!

Last Agent to Sell the Property

Ben Lee

HomeSmart Encore Brokerage Phone: (702) 907-8031 License #S.0184413 Listed on: 07/30/2024

HomeSmart Encore

Last Buyer's Agent

Merry Lee

HomeSmart Encore License #S.0176153

HomeSmart Encore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,545

Year Built

  • Built in 2000

Lot Details

  • 2,614 Sq Ft Lot
  • West Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Landscaped
  • Sprinklers on Timer
  • Property is in average condition

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,431 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Schools

  • Jydstrup Elementary School
  • Swainston Theron Middle School
  • Durango High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities

Community Details

Overview

  • Association fees include management, ground maintenance, recreation facilities
  • Cottonwood Association, Phone Number (702) 262-9091
  • Spring Valley Ranch Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,545

Year Built

Built in 2000

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Subdivision Name: Spring Valley Ranch
  • Directions: WEST ON TROPICANA,TO LINDELL, SOUTH PAST HACIENDA TO 2ND ST ON RT CACTUS THORN. THRU GATE , SOUTH ON MERCANTILE
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2000
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (702) 907-8031
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2000

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Disposal, Gas Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Interior Amenities: Window Treatments
  • Living Area: 1431.0

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Landscaped, Sprinklers Timer, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Drywall
  • Direction Faces: West
  • Exterior Features: Private Yard, Sprinkler/Irrigation
  • Property Condition: Average Condition, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Gas Dryer Hookup, In Garage
  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Gated, Pool, Spa/Hot Tub
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 125.0
  • Association Fee Frequency: Monthly
  • Association Name: Cottonwood
  • Phone: 702-262-9091
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Recreation Facilities

Schools

  • Elementary School: Jydstrup, Helen M.,Jydstrup, Helen M.
  • High School: Durango
  • Middle Or Junior School: Swainston Theron

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 2614.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 1545.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2024
Closed on
Aug 13, 2024
Sold by
Han Xia
Bought by
Ge Yi
Seller's Agent
Ben Lee
HomeSmart Encore
Buyer's Agent
Merry Lee
HomeSmart Encore
List Price
$368,000
Sold Price
$340,000
Premium/Discount to List
-$28,000
-7.61%
Views
1
Current Estimated Value
$372,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,043
Avg. Annual Appreciation
8.30%
Original Mortgage
$252,000
Outstanding Balance
$249,192
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$122,851

Purchase Details

Closed on
Dec 21, 2009
Sold by
Us Bank National Association
Bought by
Han Xia

Purchase Details

Closed on
Aug 31, 2009
Sold by
Brown Adam and Serwin Angelica
Bought by
Us Bank National Association

Purchase Details

Closed on
Apr 4, 2006
Sold by
Gal Adriana
Bought by
Brown Adam and Serwin Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 3, 2002
Sold by
Hud
Bought by
Gal Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,150
Interest Rate
5.75%

Purchase Details

Closed on
May 30, 2002
Sold by
Gal Radu
Bought by
Gal Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,150
Interest Rate
5.75%

Purchase Details

Closed on
Mar 12, 2002
Sold by
First Horizon Home Loan Corp
Bought by
Hud

Purchase Details

Closed on
Feb 22, 2002
Sold by
Thompson Dawn and Orduno Marisa
Bought by
First Horizon Home Loan Corp and Ft Mtg Companies

Purchase Details

Closed on
Nov 15, 1999
Sold by
Chartered Realty Partners Iv
Bought by
Thompson Dawn and Orduno Marisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,372
Interest Rate
7.68%
Mortgage Type
FHA
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
Ge Yi $340,000 Old Republic Title
Han Xia $125,500 Fidelity Rainbow
Us Bank National Association $223,822 Fidelity National Default So
Brown Adam $300,000 Equity Title Of Nevada
Gal Adriana $133,950 First American Title Co
Gal Adriana -- First American Title Co
Hud -- Fidelity National Title
First Horizon Home Loan Corp $120,465 Fidelity National Title
Thompson Dawn $115,315 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ge Yi $252,000
Previous Owner Brown Adam $225,000
Previous Owner Gal Adriana $107,150
Previous Owner Thompson Dawn $114,372
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $340,000 -7.6% $238 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $368,000 -- $257 / 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 $1,668 $80,681 $28,000 $52,681
2024 $1,545 $80,681 $28,000 $52,681
2023 $1,545 $76,497 $26,600 $49,897
2022 $1,431 $66,977 $21,350 $45,627
2021 $1,325 $62,676 $19,250 $43,426
2020 $1,228 $61,661 $18,550 $43,111
2019 $1,151 $58,556 $16,100 $42,456
2018 $1,098 $53,926 $13,300 $40,626
2017 $1,554 $52,751 $11,900 $40,851
2016 $1,029 $50,474 $9,450 $41,024
2015 $1,026 $41,858 $6,650 $35,208
2014 $994 $32,639 $5,950 $26,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2604326

Las Vegas REALTORS®

APN: 163-25-319-047