NOT LISTED FOR SALE

7401 Forest Ivy St Unit 1 Las Vegas, NV 89131

Elkhorn Ranch Neighborhood

Estimated Value: $430,908 - $456,000

3 Beds
2 Baths
1,789 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 7401 Forest Ivy St Unit 1, Las Vegas, NV 89131 and is currently estimated at $448,977, approximately $250 per square foot. 7401 Forest Ivy St Unit 1 is a home located in Clark County with nearby schools including Betsey A Rhodes Elementary School, Ralph Cadwallader Middle School, and Arbor View High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Marks Morselyn R
Bought by
Morselyn R Marks Family Trust and Marks
Current Estimated Value
$448,977

Purchase Details

Closed on
Jul 26, 2021
Sold by
Marks Michael M and Marks Morselyn R
Bought by
Marks Morselyn R

Purchase Details

Closed on
Sep 22, 2011
Sold by
Custom Estates Llc
Bought by
Marks Michael M and Marks Morselyn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,704
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2011
Sold by
Brennan Shannon C and Mays Shannon B
Bought by
Custom Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,765
Interest Rate
4.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 25, 2006
Sold by
Mays Shannon B and Brennan Shannon C
Bought by
Brennan Shannon C and Mays Shannon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 22, 1996
Sold by
Elkhorn Partners Ltd Partnership
Bought by
Mays Shannon B and Brennan Shannon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,700
Interest Rate
7.88%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Morselyn R Marks Family Trust -- None Listed On Document
Marks Michael M $130,000 Ticor Title Las Vegas
Custom Estates Llc $98,100 None Available
Brennan Shannon C -- Red Rock Title & Escrow Co
Mays Shannon B $124,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marks Michael M $126,704
Previous Owner Custom Estates Llc $63,765
Previous Owner Brennan Shannon C $180,000
Previous Owner Mays Shannon B $117,700
Source: Public Records

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 $1,853 $92,360 $30,800 $61,560
2024 $1,800 $92,360 $30,800 $61,560
2023 $1,800 $96,155 $37,450 $58,705
2022 $1,747 $81,712 $28,000 $53,712
2021 $1,697 $76,427 $25,200 $51,227
2020 $1,644 $74,380 $23,450 $50,930
2019 $1,596 $72,040 $21,700 $50,340
2018 $1,550 $66,904 $18,550 $48,354
2017 $2,097 $63,973 $16,450 $47,523
2016 $1,424 $59,475 $12,600 $46,875
2015 $1,420 $52,039 $10,850 $41,189
2014 $1,378 $43,245 $10,500 $32,745
Source: Public Records

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