NOT LISTED FOR SALE

Estimated Value: $305,000 - $333,000

3 Beds
2 Baths
1,150 Sq Ft
$276/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $285,000 $248 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,709/month

26 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Desert Landscape
  • Gordon Mccaw Elementary School Rated A-
  • 2 Detached Carport Spaces
  • Central Heating and Cooling System

About This Home

As of March 2023

Welcome to 551 Karen Way, this cozy single story home is located 2 min away from the historic Water Street District. Property features 3bd, 2 full baths, covered car port, 6,098 sq ft lot, NO HOA! Make 551 Karen Way your forever home or your next investment property! Perfect home for a VA or FHA Renovation Loan, Seller offering to contribute towards buyers closing cost.

Last Agent to Sell the Property

Julio Carrillo

United Realty Group Brokerage Email: julio@juliocarrillo.realestate License #S.0182425 Listed on: 01/03/2023

Last Buyer's Agent

Amy Maestas

Simply Vegas License #S.0056390

Simply Vegas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $445

Year Built

  • Built in 1953

Lot Details

  • 6,098 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Desert Landscape
  • Property is in average condition

Parking

  • 2 Detached Carport Spaces

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Taylor Elementary School
  • Burkholder Lyle Middle School
  • Basic Academy High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Above Ground Utilities

Community Details

  • No Home Owners Association
  • Henderson #2 Sub Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$445

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Subdivision Name: Henderson #2 Sub
  • Directions: From 215 & 95 (Henderson), East on 215, continue on to Lake Mead, Right on Water St, Pass Major Water turn into Karen. Property is on Left side.
  • Architectural Style: One Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1953
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: julio@juliocarrillo.realestate
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1953

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Gas Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs, None
  • Living Area: 1150.0

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Private: No
  • Direction Faces: South
  • Exterior Features: Porch, Patio
  • Patio And Porch Features: Covered, Patio, Porch
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Carport Spaces: 2.0
  • Parking Features: Detached Carport

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Above Ground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Elementary School: Taylor, Robert L.,Taylor, Robert L.
  • High School: Basic Academy
  • Middle Or Junior School: Burkholder Lyle

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 6098.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 445.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Feb 23, 2023
Sold by
Holahan Joseph V
Bought by
Molina Alan J and Rangel Herlinda
Seller's Agent
Julio Carrillo
United Realty Group
Buyer's Agent
Amy Maestas
Simply Vegas
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$317,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,642
Avg. Annual Appreciation
4.16%
Original Mortgage
$2,797,837
Outstanding Balance
$2,707,161
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
-$2,389,519

Purchase Details

Closed on
Sep 21, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Holahan Joseph

Purchase Details

Closed on
Jul 17, 2009
Sold by
Walker Marc
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Jan 18, 2006
Sold by
Kane Jacqueline C
Bought by
Walker Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
1.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 16, 2005
Sold by
Walker Michelle Renee
Bought by
Walker Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
1.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 2, 2004
Sold by
Harsany Mary Helen
Bought by
Kane Jacqueline C

Purchase Details

Closed on
Feb 19, 2002
Sold by
Harsany Mary Helen
Bought by
Harsany Mary Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.75%
Mortgage Type
Credit Line Revolving
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
Molina Alan J $285,000 Driggs Title
Holahan Joseph $49,170 Fidelity National Default So
Wells Fargo Bank National Association $218,136 None Available
Walker Marc $225,000 Old Republic Title Co Of Nv
Walker Marc -- Old Republic Title Co Of Nv
Kane Jacqueline C $155,000 Old Republic Title Co Of Nv
Harsany Mary Helen -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Alan J $2,797,837
Previous Owner Walker Marc $180,000
Previous Owner Harsany Mary Helen $157,500
Closed Harsany Mary Helen $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $285,000 0.0% $248 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $285,000 -- $248 / 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 $558 $39,488 $23,450 $16,038
2024 $517 $39,488 $23,450 $16,038
2023 $517 $45,979 $31,500 $14,479
2022 $445 $37,405 $24,850 $12,555
2021 $412 $33,720 $22,050 $11,670
2020 $380 $32,677 $21,350 $11,327
2019 $356 $27,389 $16,450 $10,939
2018 $340 $25,664 $15,400 $10,264
2017 $721 $24,859 $14,700 $10,159
2016 $323 $16,494 $6,650 $9,844
2015 $321 $16,202 $6,650 $9,552
2014 $311 $14,001 $4,550 $9,451
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2463247

Las Vegas REALTORS®

APN: 179-20-110-181