NOT LISTED FOR SALE

Estimated Value: $570,362 - $648,000

4 Beds
3.5 Baths
2,522 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $400,000 $159 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,711/month

57 Days on Market

Highlights

  • Gated Community
  • Balcony
  • Double Pane Windows
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Park

About This Home

As of August 2018

Property located at center of Spring Valley, in a gated community, close to shopping, park, school and most attractions in the valley, features master bedroom downstairs, with dual master upgrade, low maintenance landscaping, granite counter top, all stainless steel appliances with build in oven, dual laundry upstairs and downstairs, paved backyard with desert landscaping, property sit on a premium lot in the community with community park view...

Last Agent to Sell the Property

Michael Zhang

Desert Springs Realty LTD License #S.0173561 Listed on: 06/04/2018

Last Buyer's Agent

Melanie Moll

Rustic Properties License #S.0075806

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,258

Year Built

  • Built in 2015

Lot Details

  • 5,227 Sq Ft Lot
  • North Facing Home
  • Back Yard Fenced
  • Brick Fence
  • Desert Landscape
  • Property is in excellent condition

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,522 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds

Kitchen

  • Built-In Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Gray Guild R Elementary School
  • Lawrence Middle School
  • Spring Valley High School

Utilities

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

Additional Features

  • Energy-Efficient Windows
  • Balcony

Community Details

Overview

  • Association fees include management
  • Lantern Garden Association, Phone Number (702) 362-6262
  • Lantern Gardens Unit 1 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,258

Year Built

Built in 2015

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Ownership: Single Family Residential
  • Subdivision Name: LANTERN GARDENS UNIT 1
  • Directions: form 15/Spring Mountain, west on Spring Mountain, right on Lantern Garden, right on Summer Grove, property on
the right corner
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2015
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2015

Interior Features

  • Private Spa: No
  • Appliances: Built-In Gas Oven, Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs
  • Living Area: 2522.0
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Fencing: Brick, Back Yard
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Exterior Features: Balcony, Private Yard
  • Patio And Porch Features: Balcony
  • Property Condition: Excellent, 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
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Gated, Park
  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association Name: Lantern Garden
  • Phone: 702-362-6262
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Elementary School: Gray Guild R,Gray Guild R
  • High School: Spring Valley HS
  • Middle Or Junior School: Lawrence

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3258.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2020
Sold by
Sun Hechi
Bought by
Sun Hechi and Li Shiran
Total Days on Market
57
Current Estimated Value
$622,341

Purchase Details

Listed on
Jun 4, 2018
Closed on
Aug 27, 2018
Sold by
Chen Henry
Bought by
Sun Hechi
Seller's Agent
Michael Zhang
Desert Springs Realty LTD
Buyer's Agent
Melanie Moll
Rustic Properties
List Price
$419,900
Sold Price
$400,000
Premium/Discount to List
-$19,900
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$225,000
Outstanding Balance
$198,805
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$479,049

Purchase Details

Closed on
Nov 13, 2015
Sold by
Greystone Nevada Llc
Bought by
Chen Henry
Source: Public Records

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Range of Values:

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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
Sun Hechi -- None Available
Sun Hechi $400,000 First American Title
Chen Henry $330,000 North American Title Main
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Hechi $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $400,000 -4.7% $159 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $419,900 0.0% $166 / Sq Ft
05/05/2017 05/05/17 For Rent $1,950 0.0% --
05/05/2017 05/05/17 Rented $1,950 -- --
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 $4,056 $188,192 $48,300 $139,892
2024 $3,938 $188,192 $48,300 $139,892
2023 $3,938 $189,603 $51,800 $137,803
2022 $3,824 $145,177 $35,000 $110,177
2021 $3,712 $131,877 $33,600 $98,277
2020 $3,601 $129,410 $33,600 $95,810
2019 $3,496 $122,501 $31,850 $90,651
2018 $3,395 $119,627 $25,550 $94,077
2017 $3,495 $119,181 $25,550 $93,631
2016 $3,177 $21,000 $21,000 $0
2015 $382 $14,000 $14,000 $0
2014 $370 $12,250 $12,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1999517

Las Vegas REALTORS®

APN: 163-15-512-019