NOT LISTED FOR SALE

6990 Majestic Palm Dr Unit Lot 70 Las Vegas, NV 89122

Estimated Value: $383,858 - $408,000

3 Beds
2.5 Baths
1,746 Sq Ft
$227/Sq Ft Est. Value

Last Sold February 28, 2012

Last sale price $120,000 $69 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $2,378/month

18 Days on Market

Highlights

  • Gated Community
  • Porch
  • Double Pane Windows
  • Great Room
  • 2 Car Attached Garage
  • Patio

About This Home

As of February 2012

*UNDER CONSTRUCTION* Gated neighborhood across from regional park. Spacious great room. Kitchen has upgraded birch cabinets and granite counters. Pick your appliances. Larger than average secondary bedrooms. Master suite has a large walk-in closet and a five-fixture bath. Large laundry room. Extra storage closets throughout. Back yard patio. Energy saving features include 2 x 6 walls and Pella windows.

Last Agent to Sell the Property

Dana Howell

Story Book Homes License #B.0019440 Listed on: 01/10/2012

Last Buyer's Agent

Rachel Foster

Gavish Real Estate and PM License #S.0078144

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 2007 | Under Construction

Lot Details

  • 3,049 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Desert Landscape
  • Property is in excellent condition

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Inside Entrance

Home Design

  • Frame Construction
  • Pitched Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,746 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Great Room

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC

Outdoor Features

  • Patio
  • Porch

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
  • Cable TV Available

Community Details

Overview

  • Association fees include management, ground maintenance
  • Palm Creek Association, Phone Number (702) 869-0937
  • Palm Creek Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,075

Year Built

Built in 2007 | Under Construction

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Subdivision Name: PALM CREEK
  • Directions: From US95, exit Russell Rd east past Boulder Hwy. Turn left on Regal Palms, and right on Majestic Palm.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows, HVAC
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: UNDER CONSTRUCTION
  • 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: Dishwasher, Disposal, Gas Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Vinyl
  • Interior Amenities: Great Room
  • Window Features: Double Pane Windows, Low Emissivity Windows

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco, Drywall
  • Direction Faces: South
  • Exterior Features: Porch, Patio, Private Yard
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Excellent, Under Construction
  • Roof: Pitched, Tile

Garage/Parking

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

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Room, Upper Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Gated, Playground
  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association Name: PALM CREEK
  • Phone: 702-869-0937
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds

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: 3049.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1075.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
Feb 1, 2012
Sold by
Sbh Lot Option Llc
Bought by
Simmons Jason A
Seller's Agent
Dana Howell
Story Book Homes
Buyer's Agent
Rachel Foster
Gavish Real Estate and PM
List Price
$119,990
Sold Price
$120,000
Premium/Discount to List
$10
0.008%
Current Estimated Value
$395,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,715
Avg. Annual Appreciation
9.19%
Original Mortgage
$116,958
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2011
Sold by
Silver Bowl Rv Resort Llc
Bought by
Palm Creek Holdings Llc
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
Simmons Jason A $120,000 First American Title Centra
Palm Creek Holdings Llc $820,500 Chicago Title The Pointe
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Jason A $45,000
Open Simmons Jason A $145,000
Closed Simmons Jason A $135,000
Closed Simmons Jason A $116,958
Open Sbh Lot Option Llc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2012 02/28/12 Sold $120,000 0.0% $69 / Sq Ft
01/29/2012 01/29/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $119,990 -- $69 / 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 $1,870 $116,630 $26,250 $90,380
2024 $1,732 $116,630 $26,250 $90,380
2023 $1,732 $116,741 $31,850 $84,891
2022 $1,604 $103,386 $25,900 $77,486
2021 $1,485 $86,749 $22,750 $63,999
2020 $1,376 $85,791 $22,400 $63,391
2019 $1,290 $80,784 $19,950 $60,834
2018 $1,231 $66,499 $15,750 $50,749
2017 $1,853 $63,142 $14,700 $48,442
2016 $1,153 $64,164 $9,450 $54,714
2015 $1,150 $44,364 $9,450 $34,914
2014 $1,116 $39,547 $5,250 $34,297
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1216058

Las Vegas REALTORS®

APN: 161-26-412-070