NOT LISTED FOR SALE

5524 Orchard Ln Unit 87 Las Vegas, NV 89110

Estimated Value: $197,000 - $212,000

2 Beds
1.5 Baths
1,026 Sq Ft
$222/mo HOA Fee

Last Sold February 24, 2015

Last sale price $71,500 $70 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,341/month

9 Days on Market

Highlights

  • Community Pool
  • Stair Lift
  • South Facing Home
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • Carpet

About This Home

As of February 2015

FULLY REMODELED 2 BEDROOM HOME WITH 1 CAR GARAGE. FEATURING ALL NEW CUSTOM PAINT, PORCELAIN TILE, CARPET, PLUMBING ANDN LIGHTING FIXTURES, TUB SURROUND AND SHOWER DOOR, SINKS, WATER HEATER, GARAGE DOOR OPENER AND MORE.

Last Agent to Sell the Property

Zolt Szorenyi

Renu Management Las Vegas License #S.0040568 Listed on: 01/15/2015

Renu Management Las Vegas

Last Buyer's Agent

Oscar Hernandez-Calder

Fathom Realty License #BS.0145780

Fathom Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $447

Year Built

  • Built in 1986

Lot Details

  • South Facing Home
  • Front Yard
  • Property is in good condition

HOA Fees

  • $222 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,026 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in Garage
  • Electric Dryer Hookup

Accessible Home Design

  • Stair Lift

Schools

  • Rundle Richard Elementary School
  • O Callaghan M Middle School
  • Valley High School

Utilities

  • Central Heating and Cooling System
  • No Hot Water

Community Details

Overview

  • Association fees include management, recreation facilities, trash, water
  • Arbors Association, Phone Number (702) 365-6720
  • Arbors Unit 2 Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$447

Year Built

Built in 1986

Lot Details

0

HOA Fees

$222 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Ownership: Condominium
  • Subdivision Name: ARBORS UNIT 2 AMD
  • Directions: E ON CHARLESTON PAST NELLIS, L ON PORTICO, INTO THE GATE THEN L ON ORCHARD LANE
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1986

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, No Hot Water
  • Accessibility Features: Stair Lift
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: None
  • Living Area: 1026.0

Exterior Features

  • Fencing: None
  • Lot Features: Front Yard, None
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Private

Utilities

  • Laundry Features: Electric Dryer Hookup, In Garage
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Pool
  • Association Fee: 222.0
  • Association Fee Frequency: Monthly
  • Association Name: ARBORS
  • Phone: 702-365-6720
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Recreation Facilities, Trash, Water

Schools

  • Elementary School: Rundle Richard,Rundle Richard
  • High School: Valley
  • Middle Or Junior School: O Callaghan M

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 871.0
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 447.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Feb 18, 2015
Sold by
Rex Llc
Bought by
Hernandez Martha G
Seller's Agent
Zolt Szorenyi
Renu Management Las Vegas
Buyer's Agent
Oscar Hernandez-Calder
Fathom Realty
List Price
$75,000
Sold Price
$71,500
Premium/Discount to List
-$3,500
-4.67%
Current Estimated Value
$202,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,187
Avg. Annual Appreciation
10.85%
Original Mortgage
$67,925
Outstanding Balance
$52,573
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$160,274

Purchase Details

Listed on
Aug 2, 2014
Closed on
Dec 15, 2014
Sold by
Wells Fargo Bank Na
Bought by
Rex Llc
Seller's Agent
Lisa Harris
SimpliHOM
Buyer's Agent
Zolt Szorenyi
Renu Management Las Vegas
List Price
$49,900
Sold Price
$48,000
Premium/Discount to List
-$1,900
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 3, 2014
Sold by
Stone Barton E
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 6, 1998
Sold by
Stone Catherine M
Bought by
Stone Barton F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,600
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 1994
Sold by
Stone Arlen K
Bought by
Stone Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
5.75%

Purchase Details

Closed on
Apr 16, 1994
Sold by
Holanchock Helen R
Bought by
Stone Arlen K and Stone Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.79%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hernandez Martha G $71,500 Ticor Title Las Vegas
Rex Llc $48,000 Fidelity National Title
Wells Fargo Bank Na $34,100 Accommodation
Stone Barton F $61,000 Land Title
Stone Catherine M -- Nevada Title Company
Stone Arlen K $50,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Martha G $67,925
Previous Owner Stone Barton F $59,600
Previous Owner Stone Catherine M $52,500
Previous Owner Stone Arlen K $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2015 02/24/15 Sold $71,500 -4.7% $70 / Sq Ft
01/25/2015 01/25/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $75,000 +56.3% $73 / Sq Ft
12/29/2014 12/29/14 Sold $48,000 -3.8% $47 / Sq Ft
11/29/2014 11/29/14 Pending -- -- --
08/02/2014 08/02/14 For Sale $49,900 -- $49 / 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 $583 $40,376 $17,500 $22,876
2024 $567 $40,376 $17,500 $22,876
2023 $459 $42,887 $21,350 $21,537
2022 $590 $38,395 $18,200 $20,195
2021 $688 $36,086 $16,450 $19,636
2020 $377 $34,839 $15,050 $19,789
2019 $354 $30,731 $10,850 $19,881
2018 $338 $25,864 $6,300 $19,564
2017 $646 $22,014 $4,900 $17,114
2016 $459 $17,987 $4,200 $13,787
2015 $315 $11,826 $2,800 $9,026
2014 $447 $10,109 $1,750 $8,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1508312

Las Vegas REALTORS®

APN: 140-33-818-090