NOT LISTED FOR SALE

Estimated Value: $346,933 - $372,000

3 Beds
2 Baths
1,069 Sq Ft
$335/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $160,000 $150 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,108/month

15 Days on Market

Highlights

  • 2 Car Attached Garage
  • Patio
  • Laundry Room
  • Cooling Available
  • Park
  • Ceramic Tile Flooring

About This Home

As of February 2017

COZY ONE-STORY 3 BEDROOM 2 BATH HOME WITH VAULTED CEILING, KITCHEN WITH PLENTY OF CABINETS AND COUNTER SPACE, TILE AND CARPET, AND 2 CAR GARAGE. CLOSE TO COMMUNITY PARK/PLAYGROUND. CONVENIENTLY LOCATED NEAR SHOPPING, RESTAURANTS, SCHOOL, GYM, AND THE 95.

Last Agent to Sell the Property

Cathy Zhu

Signature Real Estate Group License #BS.0143237 Listed on: 12/26/2016

Last Buyer's Agent

Magda Ross

United Realty Group License #S.0067184

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $832

Year Built

  • Built in 1993

Lot Details

  • 3,920 Sq Ft Lot
  • North Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Desert Landscape
  • Property is in very good condition

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,069 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Fong Lily & Wing* Elementary School
  • Garside Frank F. Middle School
  • Western High School

Utilities

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

Community Details

Overview

  • Association fees include management
  • Sommerset HOA, Phone Number (702) 804-0239
  • Rainbow Park 1 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$832

Year Built

Built in 1993

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Subdivision Name: RAINBOW PARK 1
  • Directions: FROM RAINBOW AND VEGAS DRIVE, EAST ON VEGAS DRIVE, RIGHT ON AMELLIA, RIGHT ON IVES, RIGHT ON LUND DRIVE.
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1993
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1993

Interior Features

  • Private Spa: No
  • Appliances: Gas Range, Microwave
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Bedroom on Main Level, Window Treatments
  • Living Area: 1069.0

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Desert Landscaping, Landscaped, Rocks, < 1/4 Acre
  • Pool Private: No
  • View: None
  • View: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Drywall
  • Direction Faces: North
  • Exterior Features: Patio, Private Yard
  • Patio And Porch Features: Patio
  • Property Condition: Resale, Very Good Condition
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room
  • Cooling: 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: Park
  • Association Fee: 92.0
  • Association Fee Frequency: Quarterly
  • Association Name: Sommerset HOA
  • Phone: 702-804-0239
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Elementary School: Fong Lily & Wing*,Fong Lily & Wing*
  • High School: Western
  • Middle Or Junior School: Garside Frank F.

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 3920.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 832.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2016
Closed on
Feb 7, 2017
Sold by
Lec Vivian Y
Bought by
Ugartc Farias Ariadne L
Seller's Agent
Cathy Zhu
Signature Real Estate Group
Buyer's Agent
Magda Ross
United Realty Group
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$355,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,783
Avg. Annual Appreciation
9.62%
Original Mortgage
$120,000
Outstanding Balance
$100,538
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$248,336

Purchase Details

Closed on
Dec 29, 2011
Sold by
Fannie Mae
Bought by
Lee Vivian Y

Purchase Details

Closed on
Mar 21, 2011
Sold by
Am Homes/Lund Llc
Bought by
Gaddy Alan J and Gaddy Michelle

Purchase Details

Closed on
Mar 11, 2011
Sold by
Gaddy Alan J and Gaddy Michelle
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 21, 2007
Sold by
Gaddy Alan J
Bought by
Gaddy Alan J and Gaddy Michelle

Purchase Details

Closed on
Mar 30, 2006
Sold by
Gaddy Michelle R
Bought by
Gaddy Alan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
7.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 13, 2003
Sold by
Ali Syed A
Bought by
Gaddy Alan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,300
Interest Rate
5.83%

Purchase Details

Closed on
Mar 11, 2003
Sold by
Gaddy Michelle R
Bought by
Gaddy Alan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,300
Interest Rate
5.83%

Purchase Details

Closed on
Nov 15, 2002
Sold by
Blust Rhonda
Bought by
Ali Syed A

Purchase Details

Closed on
Nov 19, 1998
Sold by
Grider Jacquee and Grider Clarence
Bought by
Blust Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,459
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 1997
Sold by
Grider Caren A
Bought by
Grider Jacquee and Grider Clarence

Purchase Details

Closed on
Nov 2, 1993
Sold by
Sommerset Properties Ltd Partnership
Bought by
Grider Caren A and Grider Clarence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,250
Interest Rate
6.97%
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
Ugartc Farias Ariadne L $160,000 Fidelity National Title
Lee Vivian Y $72,000 Commerce Title & Closing
Gaddy Alan J $84,587 Commerce Title & Closing
Federal National Mortgage Association $199,200 Commerce Title & Closing
Gaddy Alan J -- None Available
Am Homes Lund Llc -- None Available
Gaddy Alan J -- Chicago Title
Gaddy Alan J $134,000 Equity Title Of Nevada
Ali Syed A -- Equity Title Of Nevada
Gaddy Alan J -- Equity Title Of Nevada
Ali Syed A $107,808 --
Blust Rhonda $100,000 Old Republic Title Company
Grider Jacquee -- --
Grider Caren A $92,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ugartc Farias Ariadne L $120,000
Previous Owner Gaddy Alan J $199,200
Previous Owner Gaddy Alan J $127,300
Previous Owner Blust Rhonda $98,459
Previous Owner Grider Caren A $87,250
Closed Blust Rhonda $4,182
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2017 02/10/17 Sold $160,000 0.0% $150 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
12/26/2016 12/26/16 For Sale $160,000 0.0% $150 / Sq Ft
07/27/2015 07/27/15 For Rent $800 0.0% --
07/27/2015 07/27/15 Rented $800 -5.9% --
06/22/2015 06/22/15 For Rent $850 0.0% --
06/22/2015 06/22/15 Rented $850 -5.6% --
04/22/2015 04/22/15 Rented $900 -5.3% --
03/23/2015 03/23/15 Under Contract -- -- --
01/23/2015 01/23/15 For Rent $950 -- --
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 $1,349 $67,202 $27,300 $39,902
2024 $1,250 $67,202 $27,300 $39,902
2023 $832 $63,989 $25,900 $38,089
2022 $1,158 $58,429 $23,450 $34,979
2021 $1,072 $55,579 $22,050 $33,529
2020 $993 $53,650 $20,300 $33,350
2019 $930 $50,785 $17,850 $32,935
2018 $888 $44,156 $12,250 $31,906
2017 $1,443 $44,003 $11,550 $32,453
2016 $832 $41,391 $8,750 $32,641
2015 $829 $31,819 $5,950 $25,869
2014 $803 $23,778 $4,900 $18,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1857931

Las Vegas REALTORS®

APN: 138-26-114-042