NOT LISTED FOR SALE

6940 Majestic Palm Dr Las Vegas, NV 89122

Estimated Value: $410,264 - $445,000

4 Beds
3 Baths
2,031 Sq Ft
$209/Sq Ft Est. Value

Last Sold February 19, 2015

Last sale price $190,000 $94 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,445/month

31 Days on Market

Highlights

  • Gated Community
  • 2 Car Attached Garage
  • Ceramic Tile Flooring
  • Main Floor Bedroom
  • Double Pane Windows
  • 4-minute walk to Silver Bowl Park

About This Home

As of February 2015

Gated community near park featuring granite, travertine, Bedroom and bath on lower level. Provide a little TLC and save thousands by acquiring this property before seller starts improvements. By appointment only.

Last Agent to Sell the Property

Alexander Rowlings

Realty ONE Group, Inc License #S.0064588 Listed on: 12/19/2014

Last Buyer's Agent

Cheryl O'Brien

Coldwell Banker Premier License #BS.0018455

Coldwell Banker Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,255

Year Built

  • Built in 2007

Lot Details

  • 3,485 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Drip System Landscaping
  • Property is in average condition

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,031 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors
  • Sprinkler System

Schools

  • Hinman Edna Elementary School
  • Cortney Francis Middle School
  • Basic Academy High School

Utilities

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

Community Details

Overview

  • Association fees include management
  • Palm Creek Association, Phone Number (702) 515-2042
  • Palm Creek Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,255

Year Built

Built in 2007

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Subdivision Name: PALM CREEK
  • Directions: From 95 go E. on Russell past Boulder Hwy to Regal Palm on N. side. Continue into Palm Creek community and turn R. on Majestic Palm Dr.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Doors, Windows
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Linoleum, Vinyl
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s)
  • Living Area: 2031.0
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Drip Irrigation/Bubblers, Desert Landscaping, Landscaped, Rocks, < 1/4 Acre
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco, Drywall
  • Direction Faces: South
  • Exterior Features: Private Yard, Sprinkler/Irrigation
  • Property Condition: Average Condition, Resale
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Gas Dryer Hookup, Upper Level
  • 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

  • Amenities: Gated
  • Association Fee: 180.0
  • Association Fee Frequency: Quarterly
  • Association Name: Palm Creek
  • Phone: 702-515-2042
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Elementary School: Hinman Edna,Hinman Edna
  • High School: Basic Academy
  • Middle Or Junior School: Cortney Francis

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 3485.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1255.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2014
Closed on
Feb 17, 2015
Sold by
Ullo James
Bought by
Joyce Christopher M
Seller's Agent
Alexander Rowlings
Realty ONE Group, Inc
Buyer's Agent
Cheryl O'Brien
Coldwell Banker Premier
List Price
$189,900
Sold Price
$190,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$425,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,316
Avg. Annual Appreciation
7.69%
Original Mortgage
$196,270
Interest Rate
3.66%
Mortgage Type
VA

Purchase Details

Listed on
May 20, 2012
Closed on
Aug 29, 2012
Sold by
Yuan Mingwei
Bought by
Ullo James
Seller's Agent
Gordon Hammond
Simply Vegas
Buyer's Agent
Thomas Carter
BHHS Nevada Properties
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%
Original Mortgage
$108,750
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2012
Closed on
Aug 27, 2012
Sold by
2 Las Vegas Rental Homes Corp
Bought by
Ullo James
Seller's Agent
Gordon Hammond
Simply Vegas
Buyer's Agent
Thomas Carter
BHHS Nevada Properties
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2011
Sold by
Globestar Property Corporation
Bought by
2 Las Vegas Rental Homes Corp

Purchase Details

Closed on
Jun 16, 2009
Sold by
Indymac Federal Bank Fsb
Bought by
Globestar Property Corporation

Purchase Details

Closed on
May 6, 2009
Sold by
Arellano Lorena
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Mar 20, 2007
Sold by
Silver Bowl Rv Resort Llc
Bought by
Arellano Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Joyce Christopher M $190,000 Ticor Title Las Vegas
Ullo James -- Ticor Title Las Vegas
Ullo James -- First American Title Paseo
Ullo James $145,000 First American Title Paseo
2 Las Vegas Rental Homes Corp -- None Available
Globestar Property Corporation $134,000 Lsi Title Agency Inc
Indymac Bank Fsb $135,000 Fidelity National Default So
Arellano Lorena $350,000 National Alliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joyce Christopher M $204,500
Closed Joyce Christopher M $26,704
Closed Joyce Christopher M $196,270
Previous Owner Ullo James $108,750
Previous Owner Arellano Lorena $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2015 02/19/15 Sold $190,000 +0.1% $94 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
12/19/2014 12/19/14 For Sale $189,900 +31.0% $94 / Sq Ft
09/06/2012 09/06/12 Sold $145,000 -3.3% $71 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
05/20/2012 05/20/12 For Sale $150,000 -- $74 / 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 $1,538 $128,821 $26,250 $102,571
2024 $1,494 $128,821 $26,250 $102,571
2023 $1,494 $128,410 $31,850 $96,560
2022 $1,455 $113,949 $25,900 $88,049
2021 $1,415 $95,512 $22,750 $72,762
2020 $1,454 $94,411 $22,400 $72,011
2019 $1,330 $88,976 $19,950 $69,026
2018 $1,291 $73,346 $15,750 $57,596
2017 $2,045 $69,684 $14,700 $54,984
2016 $1,223 $71,579 $9,450 $62,129
2015 $1,221 $49,090 $9,450 $39,640
2014 $1,255 $44,055 $5,250 $38,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1503095

Las Vegas REALTORS®

APN: 161-26-412-061