NOT LISTED FOR SALE

5525 Orchard Ln Unit n/a Las Vegas, NV 89110

Estimated Value: $217,706 - $246,000

2 Beds
2 Baths
1,186 Sq Ft
$225/mo HOA Fee

Last Sold June 22, 2012

Last sale price $33,500 $28 Per Sq Ft

Est. 609% increase in value since last sale

Current estimated payment $1,539/month

33 Days on Market

Highlights

  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Community Pool
  • Courtyard
  • Ceiling Fan

About This Home

As of June 2012

HUD Home. Nice community with a Pool and spa. 2 Bedroom condo with an attached 2 car garage, Front Courtyard with sliding glass doors and Beautiful common areas. Fireplace in Family room and Walk-in-closets in both bedrooms. Extra Vanity area in Master Bathroom. Per FHA Appr; 2 Beds, 2 Bath & 1,180 SqFt. For overbidding & escrow repair info, Please See Attached "Overbidding and Escrow Repair" MLS Addendum.

Last Agent to Sell the Property

Matt Farnham

eXp Realty License #BS.1000941 Listed on: 04/19/2012

Last Buyer's Agent

Steven Franklin

Elite Realty License #S.0049552

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $368

Year Built

  • Built in 1986

Lot Details

  • East Facing Home
  • Fenced Front Yard
  • Block Wall Fence
  • Property is in average condition

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Open Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,186 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Family Room with Fireplace

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Electric Dryer Hookup

Outdoor Features

  • Courtyard

Schools

  • Adams Kirk Elementary School
  • Keller Middle School
  • Eldorado High School

Utilities

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

Community Details

Overview

  • Association fees include management, recreation facilities, sewer, water
  • Arbors/1St Columbia Association, Phone Number (702) 365-6720
  • Arbors Unit 2 Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$368

Year Built

Built in 1986

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Ownership: Condominium
  • Subdivision Name: ARBORS UNIT 2 AMD
  • Directions: Take I-515 N, Exit 72 for Charleston Blvd, Right on Charleston, Left on Portico, Left on Orchard Lane, House will be on the left side.
  • 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: 4116
  • Stories: 2
  • Year Built: 1986

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s)
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Front Yard
  • Lot Features: < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Exterior Features: Courtyard
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Attached, Garage, Inside Entrance, Open

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association Name: Arbors/1st Columbia
  • Phone: 702-365-6720
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Adams Kirk,Adams Kirk
  • High School: Eldorado
  • Middle Or Junior School: Keller

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 1307.0
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2012
Closed on
Jun 21, 2012
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Cline James and Cline Steve John
Seller's Agent
Matt Farnham
eXp Realty
Buyer's Agent
Steven Franklin
Elite Realty
List Price
$32,000
Sold Price
$33,500
Premium/Discount to List
$1,500
4.69%
Current Estimated Value
$237,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,927
Avg. Annual Appreciation
16.31%

Purchase Details

Listed on
Apr 19, 2012
Closed on
May 7, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop
Seller's Agent
Matt Farnham
eXp Realty
Buyer's Agent
Steven Franklin
Elite Realty
List Price
$32,000
Sold Price
$33,500
Premium/Discount to List
$1,500
4.69%

Purchase Details

Closed on
Jul 19, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 8, 2005
Sold by
Schultz Thomas
Bought by
Richardson Deidre R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 5, 2004
Sold by
Nevp Llc
Bought by
Schultz Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 9, 2003
Sold by
Hendrix George J and Dempsey Marilyn J
Bought by
Nevp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 2, 1999
Sold by
Arbors Owners Assn Inc
Bought by
Hendrix George J and Dempsey Marilyn J
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
Cline James $33,500 Nevada Title Las Vegas
The Secretary Of Housing & Urban Develop $195,010 First American National Def
The Secretary Of Housing & Urban Develop $195,010 First American National Def
Bac Home Loans Servicing Lp $195,010 First American National Def
Richardson Deidre R $160,000 Old Republic Title Co Of Nv
Schultz Thomas $95,000 National Title Company
Nevp Llc $78,000 National Title Company
Hendrix George J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richardson Deidre R $128,000
Previous Owner Schultz Thomas $76,000
Closed Schultz Thomas $14,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2012 06/22/12 Sold $33,500 +4.7% $28 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $32,000 -- $27 / 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 $720 $44,109 $17,500 $26,609
2024 $541 $44,109 $17,500 $26,609
2023 $541 $46,389 $21,350 $25,039
2022 $501 $41,661 $18,200 $23,461
2021 $465 $39,235 $16,450 $22,785
2020 $428 $38,053 $15,050 $23,003
2019 $402 $33,944 $10,850 $23,094
2018 $383 $29,021 $6,300 $22,721
2017 $727 $24,775 $4,900 $19,875
2016 $360 $20,214 $4,200 $16,014
2015 $358 $13,441 $2,800 $10,641
2014 $347 $11,474 $1,750 $9,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1244102

Las Vegas REALTORS®

APN: 140-33-818-091