NOT LISTED FOR SALE

701 Ocotillo Ln Unit B Mesquite, NV 89027

Estimated Value: $244,000 - $263,000

2 Beds
2 Baths
1,130 Sq Ft
$250/mo HOA Fee

Last Sold March 11, 2024

Last sale price $253,000 $224 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,752/month

Highlights

  • City View
  • Furnished
  • 1 Car Attached Garage
  • Clubhouse
  • Community Pool
  • Patio

About This Home

As of March 2024

Don't miss out on this great opportunity to own a short term rental approved condo at The Springs! This 2 bedroom and 2 full bathroom condo comes fully furnished and offers a 1 car garage attached to the condo & is great for extra storage! The condo also offers a perfectly positioned balcony off of the living room that offers gorgeous Southern views that capture the Southern Virgin Mountains....Views that can be seen from the living, dining, kitchen and bedrooms as well!! All appliances are in in great condition and remain with the home, and the furniture stays also! For you convenience, the condo is located in the rear of the community and right next to the community RV parking and just steps away from the community clubhouse and pool area. This condo is clean, updated, and move in ready!

Last Listed By

John Larson

RE/MAX Ridge Realty Brokerage Phone: 702-346-7800 License #S.0077352 Listed on: 03/11/2024

RE/MAX Ridge Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $989

Year Built

  • Built in 2007

Lot Details

  • South Facing Home
  • Desert Landscape
  • Property is in excellent condition

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Open Parking

Property Views

  • City
  • Mountain

Home Design

  • Tile Roof

Interior Spaces

  • 1,130 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Blinds

Kitchen

  • Built-In Electric Oven
  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible
  • Accessibility Features

Additional Features

  • Energy-Efficient Windows with Low Emissivity
  • Patio
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include electricity
  • The Springs Association, Phone Number (702) 345-2200
  • Springs Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$989

Year Built

Built in 2007

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.0887
  • Ownership: Condominium
  • Subdivision Name: Springs Amd
  • Directions: From Mesquite Blvd, Turn South on Grapevine Road. Turn Right on 2nd South, Turn Right into Community.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 702-346-7800
  • Special Features: None
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Built-In Electric Oven, Dryer, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Accessibility Features: Accessibility Features
  • Full Bathrooms: 2
  • Possible Bedrooms: 20
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Handicap Access, Window Treatments
  • Living Area: 1130.0
  • Window Features: Blinds, Insulated Windows, Low-Emissivity Windows

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • View: City, Mountain(s)
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: South
  • Exterior Features: Handicap Accessible, Patio
  • Patio And Porch Features: Patio
  • Property Condition: Excellent, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Attached, Garage, Open, Private

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Room, Upper Level
  • 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, Barbecue, Pool, Spa/Hot Tub
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association Name: The Springs
  • Phone: 702-345-2200
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Electricity

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 3862.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 989.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Mar 1, 2024
Sold by
Lawrence Family Revocable Living Trust
Bought by
Kinsey Kenneth and Kinsey Patricia B
Seller's Agent
John Larson
RE/MAX Ridge Realty
Buyer's Agent
Curtis Bunce
NON-MLS OFFICE
List Price
$264,900
Sold Price
$253,000
Premium/Discount to List
-$11,900
-4.49%
Total Days on Market
0
Views
4
Current Estimated Value
$254,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,442
Avg. Annual Appreciation
-0.03%
Original Mortgage
$189,750
Outstanding Balance
$187,528
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$65,391

Purchase Details

Closed on
Mar 23, 2023
Sold by
Lawrence Warren Eugene
Bought by
Lawrence Family Revocable Living Trust

Purchase Details

Closed on
Dec 20, 2022
Sold by
Lee Crew 5 Trust
Bought by
Lawrence Warren E and Lawrence Michelle M

Purchase Details

Closed on
May 9, 2019
Sold by
Coal Creek Company Limited Partnership
Bought by
The Lee Crew 5 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2016
Sold by
Blair D Adamson Interpreises Inc
Bought by
The Coal Reek Company Limited Partnershi

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
Kinsey Kenneth $253,000 Stewart Title
Lawrence Family Revocable Living Trust -- --
Lawrence Warren E $215,000 Stewart Title
The Lee Crew 5 Trust $127,500 Fidelity National Title M
The Coal Reek Company Limited Partnershi -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinsey Kenneth $189,750
Previous Owner Lee Rulon Samuel $117,500
Previous Owner The Lee Crew 5 Trust $112,500
Previous Owner Desert Springs Of Mesquite Llc $442,400
Previous Owner Desert Springs Of Mesquite Llc $4,901,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $253,000 -4.5% $224 / Sq Ft
03/11/2024 03/11/24 For Sale $264,900 -- $234 / 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 $1,018 $56,882 $19,250 $37,632
2024 $944 $56,882 $19,250 $37,632
2023 $989 $59,617 $25,200 $34,417
2022 $961 $52,446 $20,650 $31,796
2021 $890 $48,246 $17,500 $30,746
2020 $862 $47,269 $16,800 $30,469
2019 $851 $41,382 $11,200 $30,182
2018 $812 $34,992 $7,700 $27,292
2017 $934 $33,674 $7,000 $26,674
2016 $760 $29,090 $5,950 $23,140
2015 $758 $27,908 $5,250 $22,658
2014 $735 $27,251 $5,250 $22,001
Source: Public Records

Agents Affiliated with this Home

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Source: Las Vegas REALTORS®

MLS Number: 2566705

Las Vegas REALTORS®

APN: 001-17-312-029