NOT LISTED FOR SALE

7220 Palatial Ave Las Vegas, NV 89130

Estimated Value: $680,000 - $729,000

5 Beds
3 Baths
3,543 Sq Ft
$199/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $674,900 $190 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,369/month

46 Days on Market

Highlights

  • Custom Home
  • Family Room with Fireplace
  • No HOA
  • Mountain View
  • Main Floor Bedroom
  • Covered patio or porch

About This Home

As of September 2023

Huge 5 bedroom home with addition and no HOA! Bring all your toys and RV's. The secure gated entry  opens to your formal dining room. This home boasts 2 family rooms both with fireplaces and one with a wet bar & vaulted ceiling. Your dream kitchen has been recently renovated and features granite counters, custom cabinets and Black Stainless Steel Samsung Appliances.  The downstairs features a bedroom with split AC system and access to the side yard perfect for guests or older family members and there is a full bath on the first level. The 4 bedroom upstairs features a huge loft with a private balcony off the bedroom and an enormous primary suite with vaulted ceilings and walk-in closet. The spa-like bath features a jetted tub, separate shower & dual sinks. Massive covered patio over 30x25 perfect for entertaining & summer fun. The back yard is a blank slate awaiting your custom touches. Great location w/ easy access to the 95, shopping and parks. So much potential and ready to move in.

Last Agent to Sell the Property

Tom Love

The Tom Love Group LLC Brokerage Phone: 702-838-5100 License #B.0000514 Listed on: 07/01/2023

Last Buyer's Agent

Anthony Parhment

Tripoint Realty & Property Mgt License #B.0146916

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,499

Year Built

  • Built in 1996

Lot Details

  • 10,019 Sq Ft Lot
  • South Facing Home
  • Wrought Iron Fence
  • Back Yard Fenced
  • Block Wall Fence
  • Drip System Landscaping
  • Property is in average condition

Parking

  • 3 Car Garage
  • Parking Storage or Cabinetry
  • Epoxy

Home Design

  • Custom Home
  • Frame Construction
  • Pitched Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,543 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Sink Near Laundry
  • Laundry Cabinets
  • Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Sprinkler System

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Grill

Schools

  • Neal Elementary School
  • Saville Anthony Middle School
  • Shadow Ridge High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Built by Stanpark
  • Grand Entries Phase 7 Subdivision

Security

  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,499

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Ownership: Single Family Residential
  • Subdivision Name: Grand Entries-Phase 7
  • Directions: From US 95 North and Ann Rd. go East on Ann Rd., go North on Tenaya, East on Grand Palace, North on Taj Mahal, West on Palatial Ave to property on left.
  • Architectural Style: Two Story, Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1996
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 702-838-5100
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1996

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater
  • Full Bathrooms: 3
  • Possible Bedrooms: 8
  • Total Bedrooms: 5
  • Fireplace Features: Electric, Family Room, Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Window Treatments
  • Living Area: 3543.0
  • Window Features: Blinds, Double Pane Windows, Low-Emissivity Windows

Exterior Features

  • Fencing: Block, Back Yard, Wrought Iron
  • Lot Features: Drip Irrigation/Bubblers, No Rear Neighbors, < 1/4 Acre
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Builder Name: Stanpark
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Balcony, Barbecue, Porch, Patio, Private Yard, Sprinkler/Irrigation
  • Patio And Porch Features: Balcony, Covered, Patio, Porch
  • Property Condition: Average Condition, Resale
  • Roof: Pitched, Tile

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Epoxy Flooring, Finished Garage, Shelves, Storage

Utilities

  • Laundry Features: Cabinets, Gas Dryer Hookup, In Garage, Sink
  • Security: Controlled Access
  • Cooling: Central Air, Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Central, Gas, Multiple Heating Units
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association Name: NONE
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Neal, Joseph,Neal, Joseph
  • High School: Shadow Ridge
  • Middle Or Junior School: Saville Anthony

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 10019.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2499.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2023
Closed on
Sep 26, 2023
Sold by
Elmer Wayne Moran and Elmer Marlene Moran
Bought by
Evans-Parchment Marcia and Parchment Anthony
Seller's Agent
Tom Love
The Tom Love Group LLC
Buyer's Agent
Anthony Parhment
Tripoint Realty & Property Mgt
List Price
$674,900
Sold Price
$674,900
Total Days on Market
46
Views
223
Current Estimated Value
$705,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,746
Avg. Annual Appreciation
2.69%
Original Mortgage
$607,410
Outstanding Balance
$598,150
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$107,496

Purchase Details

Closed on
Feb 25, 2002
Sold by
Moran Elmer Wayne and Moran Marlene
Bought by
Moran Elmer Wayne and Moran Marlene

Purchase Details

Closed on
Nov 25, 1996
Sold by
Friday Estates Inc
Bought by
Moran Elmer W and Moran Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,492
Interest Rate
11%
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
Evans-Parchment Marcia $674,900 Equity Title
Moran Elmer Wayne -- --
Moran Elmer W $149,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans-Parchment Marcia $607,410
Previous Owner Moran Elmer Wayne $75,000
Previous Owner Moran Elmer Wayne $195,000
Previous Owner Moran Elmer W $104,492
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $674,900 0.0% $190 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $674,900 -- $190 / 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 $4,895 $189,012 $43,680 $145,332
2024 $4,642 $189,012 $43,680 $145,332
2023 $4,642 $179,761 $40,950 $138,811
2022 $2,499 $112,155 $32,305 $79,850
2021 $2,314 $106,465 $30,485 $75,980
2020 $2,146 $106,017 $30,485 $75,532
2019 $2,011 $99,024 $24,570 $74,454
2018 $1,919 $92,444 $20,475 $71,969
2017 $2,993 $91,308 $18,200 $73,108
2016 $1,797 $86,734 $13,195 $73,539
2015 $1,793 $72,944 $9,100 $63,844
2014 $2,496 $72,769 $9,100 $63,669
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2507678

Las Vegas REALTORS®

APN: 125-27-715-007