NOT LISTED FOR SALE

740 Morley Ave Ely, NV 89301

Estimated Value: $196,000 - $354,000

2 Beds
1 Bath
956 Sq Ft
$274/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $62,000 $65 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $1,481/month

2 Days on Market

Highlights

  • 0.51 Acre Lot
  • No HOA
  • Laundry Room
  • Deck
  • Porch
  • West Facing Home

About This Home

As of June 2017

Large lot w/ great views, 2 bedroom, 1 bath home, wood stove, nice patio, has another small building that had been used as one bedroom home and is now used as a storage building. A bargain at this price. Lots of potential.

Last Agent to Sell the Property

Vivian Almberg

Desert Mountain Realty, Inc License #BS.0007096 Listed on: 05/10/2017

Last Buyer's Agent

Tara Klaas

Klaas Realty LLC License #B.0041126

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $740

Year Built

  • Built in 1940

Lot Details

  • 0.51 Acre Lot
  • West Facing Home
  • Property is in average condition

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 956 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Electric Range
  • Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Deck
  • Porch

Schools

  • David E. Norman Elementary School
  • White Pine Middle School
  • White Pine High School

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Above Ground Utilities

Community Details

  • No Home Owners Association
  • Morley Addition Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$740

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Ownership: Single Family Residential
  • Subdivision Name: Morley Addition
  • Directions: From Desert Mountain Realty head west on E Aultman, turn right onto 7th street, turn right onto Morley Ave.
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Private Spa: No
  • Appliances: Electric Range, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: None
  • Living Area: 956.0

Exterior Features

  • Fencing: None
  • Lot Features: 1/4 to 1 Acre Lot
  • Pool Private: No
  • Direction Faces: West
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Room
  • Cooling: None
  • Cooling Y N: No
  • Heating: None, Wood
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Above Ground Utilities
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: David E. Norman Elementary,David E. Norman Element
  • High School: White Pine High School
  • Middle Or Junior School: White Pine Middle School

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 22290.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 740.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
Jun 10, 2017
Sold by
Wakefield Thomas L and Wakefield Mary M
Bought by
Carolan Michael J
Seller's Agent
Vivian Almberg
Desert Mountain Realty, Inc
Buyer's Agent
Tara Klaas
Klaas Realty LLC
List Price
$79,500
Sold Price
$62,000
Premium/Discount to List
-$17,500
-22.01%
Current Estimated Value
$261,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,638
Avg. Annual Appreciation
18.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carolan Michael J $9,510 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2017 06/12/17 Sold $62,000 -22.0% $65 / Sq Ft
05/13/2017 05/13/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $79,500 -- $83 / 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 $1,320 $35,275 $10,123 $25,152
2024 $1,320 $34,097 $9,069 $25,028
2023 $1,320 $31,516 $9,070 $22,446
2022 $999 $25,337 $7,899 $17,438
2021 $956 $24,160 $7,899 $16,261
2020 $916 $24,566 $7,899 $16,667
2019 $891 $23,666 $7,899 $15,767
2018 $867 $23,134 $7,899 $15,235
2017 $834 $21,833 $6,717 $15,116
2016 $812 $20,071 $6,717 $13,354
2015 $763 $19,939 $6,717 $13,222
2014 $763 $20,936 $7,973 $12,963
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1895319

Las Vegas REALTORS®

APN: 001-092-01