NOT LISTED FOR SALE

575 S Royal Crest Cir Unit 12 Las Vegas, NV 89169

University District Neighborhood

Estimated Value: $104,492 - $112,000

1 Bed
1 Bath
624 Sq Ft
$140/mo HOA Fee

Last Sold April 23, 2021

Last sale price $69,000 $111 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $732/month

64 Days on Market

Highlights

  • Clubhouse
  • Private Yard
  • Courtyard
  • Main Floor Primary Bedroom
  • Community Pool
  • Security Service

About This Home

As of April 2021

INVESTOR ALERT; OWNER WANTS OUT AND DROPPED THE PRICE BELOW MARKET FOR CASH SALE. LOCATION, LOCATION, LOCATION; PART OF THE ROYAL CREST ARMS COMMUNITY JUST OFF THE STRIP AND NEXT TO THE CONENTION CENTER IN THE HEART OF LAS VEGAS. CONVENIENT TO CITY BUS TRAVEL AND SHOPPING AREAS. LOW HOA FEE THAT INCLUDES POOL, COMMON
AREAS, COVERED PARKING, SEWER, WATER, AND TRASH COLLECTION. A MASTER LEASE IS IN PLACE THAT PROVIDES AND PAYS FOR MANAGEMENT, REPAIRS, MAINTENANCE, AND ALL TENANT ISSUES.

Last Agent to Sell the Property

Gene Curtis

Paradigm Realty License #S.0179137 Listed on: 01/18/2021

Last Buyer's Agent

Gene Curtis

Paradigm Realty License #S.0179137 Listed on: 01/18/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $213

Year Built

  • Built in 1963

Lot Details

  • North Facing Home
  • Partially Fenced Property
  • Block Wall Fence
  • Landscaped
  • Private Yard
  • Back Yard
  • Property is in average condition

HOA Fees

  • $140 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 624 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Laundry Room

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Schools

  • Peterson Dean Elementary School
  • Woodbury C. W. Middle School
  • Valley High School

Additional Features

  • Courtyard
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include common areas, ground maintenance, recreation facilities, sewer, taxes, trash
  • Royal Crest Arms Association, Phone Number (702) 731-3420
  • Royal Crest Arms Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$213

Year Built

Built in 1963

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Royal Crest Arms
  • Directions: FROM TWAIN AND PALOS VERDES; NORTH TO BLDG 575 ON THE EAST SIDE; APARTMENT ON THE NORTH SIDE OF THE BLDG.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Electric Range, Disposal, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Vinyl
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs, Window Treatments
  • Living Area: 624.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: Back Yard, Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Drywall
  • Direction Faces: North
  • Exterior Features: Courtyard, Private Yard
  • Property Condition: Average Condition, Resale
  • Roof: Flat, Tar/Gravel

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Covered, Detached Carport, Guest

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Laundry, Pool, Pet Restrictions, Security
  • Association Fee: 140.0
  • Association Fee Frequency: Monthly
  • Association Name: Royal Crest Arms
  • Phone: 702-731-3420
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Recreation Facilities, Sewer, Taxes, Trash

Schools

  • Elementary School: Peterson Dean,Peterson Dean
  • High School: Valley
  • Middle Or Junior School: Woodbury C. W.

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 1482.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 650.0

Tax Info

  • Tax Annual Amount: 213.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Apr 21, 2021
Sold by
Reese Jon D
Bought by
Shih Ching and Kuang Connie H
Seller's Agent
Gene Curtis
Paradigm Realty
Buyer's Agent
Gene Curtis
Paradigm Realty
List Price
$89,000
Sold Price
$69,000
Premium/Discount to List
-$20,000
-22.47%
Current Estimated Value
$108,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,497
Avg. Annual Appreciation
10.53%

Purchase Details

Closed on
Jun 8, 2007
Sold by
Blomquist Hugo N
Bought by
Reese Jon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,492
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 2, 2006
Sold by
Blomquist Shakuntala Maruine and Blomquist Clyde G
Bought by
Blomquist Hugo N

Purchase Details

Closed on
Nov 7, 2003
Sold by
Blomquist Shakuntala
Bought by
Blomquist Shakuntala Maurine and Blomquist Clyde G
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
Shih Ching $69,000 Fidelity National Title
Reese Jon D $75,000 Chicago Title
Blomquist Hugo N -- Accommodation
Blomquist Shakuntala Maurine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reese Jon D $7,492
Previous Owner Reese Jon D $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $69,000 -22.5% $111 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $89,000 -- $143 / 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 $292 $14,653 $8,470 $6,183
2024 $271 $14,653 $8,470 $6,183
2023 $271 $17,753 $12,320 $5,433
2022 $251 $15,303 $10,395 $4,908
2021 $232 $14,277 $9,625 $4,652
2020 $213 $12,229 $7,700 $4,529
2019 $200 $11,331 $6,930 $4,401
2018 $190 $9,208 $5,005 $4,203
2017 $248 $8,440 $4,235 $4,205
2016 $180 $7,778 $3,850 $3,928
2015 $178 $6,408 $2,695 $3,713
2014 $172 $5,704 $1,750 $3,954
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gene Curtis

    Paradigm Realty

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Map

Source: Las Vegas REALTORS®

MLS Number: 2262564

Las Vegas REALTORS®

APN: 162-15-216-088

Nevada Clark County Las Vegas 89169 University District

575 S Royal Crest Cir Unit 12, Las Vegas, NV

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