NOT LISTED FOR SALE

7477 Palermo Ave Las Vegas, NV 89147

Spring Valley Neighborhood

Estimated Value: $434,113 - $458,000

3 Beds
2 Baths
1,548 Sq Ft
$287/Sq Ft Est. Value

Last Sold November 07, 2014

Last sale price $192,000 $124 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,587/month

Highlights

  • Tile Flooring
  • 2 Car Garage
  • North Facing Home
  • Central Heating and Cooling System
  • Washer and Dryer
  • Gas Fireplace

About This Home

As of August 2019

Single story in central of SW, easy to access everywhere, the community is cross street from Spanish Trails. The front yard is fully landscaped, patio in the back yard. Separate living room and family room, two-way fireplace. Open kitchen, new paint throughout. Extra office room.

Last Agent to Rent the Property

Sylvia Sheng

Desert Springs Realty LTD License #B.1001153 Listed on: 07/26/2019

Last Renter's Agent

Sylvia Sheng

Desert Springs Realty LTD License #B.1001153 Listed on: 07/26/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,031

Year Built

  • Built in 1989

Lot Details

  • 6,098 Sq Ft Lot
  • North Facing Home
  • Back Yard Fenced
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,548 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Built-In Gas Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer

Schools

  • Kim Frank Elementary School
  • Sawyer Grant Middle School
  • Spring Valley High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Secondary HOA Phone (702) 856-7423
  • Spring Valley Unit #11 B Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Security Deposit $2,000
  • Property Available on 7/26/19
  • Tenant pays for cable TV, electricity, gas, key deposit, sewer, water
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,031

Year Built

Built in 1989

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Key Deposit, Sewer, Water
  • Available Date: 2019-07-26
  • Security Deposit: 2000.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.14
  • Subdivision Name: SPRING VALLEY UNIT #11-B
  • Directions: Tropicana & Tenaya, N on Tenaya, L on Parmell, R on Beaconfield, L on Palermo, property is on your left.
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1989
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Gas Oven, Dryer, Dishwasher, Disposal, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Area: 1548.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Back Yard
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Block, Stucco
  • Direction Faces: North
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: xxxx
  • Association Phone #2: 702-856-7423
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Kim Frank,Kim Frank
  • High School: Spring Valley HS
  • Middle Or Junior School: Sawyer Grant

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2016
Sold by
Zhao Shunyi and Xu Dong Ming
Bought by
Xu Dong Ming and Zhao Shunyi
Current Estimated Value
$441,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$49,771
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$393,575

Purchase Details

Listed on
Aug 16, 2015
Closed on
Jul 23, 2015
Sold by
Zhao Shunyi
Bought by
Zhao Shunyi and Xu Dong Ming
Seller's Agent
Sylvia Sheng
Desert Springs Realty LTD
Buyer's Agent
John Paul Browne
A-Me Realty & Property Mgmt
Sold Price
$1,200

Purchase Details

Listed on
Nov 17, 2014
Closed on
Nov 6, 2014
Sold by
Selby Ty and Selby Whitnie N
Bought by
Zhao Shunyi
Seller's Agent
Sylvia Sheng
Desert Springs Realty LTD
Buyer's Agent
Sylvia Sheng
Desert Springs Realty LTD
Sold Price
$1,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$76,800
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2014
Closed on
Nov 5, 2014
Sold by
Xu Dong Ming
Bought by
Zhao Shunyi
Seller's Agent
Sylvia Sheng
Desert Springs Realty LTD
Buyer's Agent
Sylvia Sheng
Desert Springs Realty LTD
Sold Price
$1,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2008
Sold by
Ty Selby
Bought by
Ty Selby

Purchase Details

Closed on
Mar 26, 2007
Sold by
Selby Pamela H
Bought by
Selby Pamela H and Selby Ty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2007
Sold by
Selby Pamela H and Hiatt Darral L
Bought by
Selby Pamela H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2006
Sold by
Selby Pamela
Bought by
Selby Pamela H and Hiatt Darrel L

Purchase Details

Closed on
Apr 19, 2004
Sold by
Wright Coral S
Bought by
Wright Coral S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 1999
Sold by
English Richard L
Bought by
Wright Coral S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.75%

Purchase Details

Closed on
Dec 7, 1993
Sold by
Brown & Company
Bought by
English Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

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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
Xu Dong Ming -- Fidelity National Title
Zhao Shunyi -- None Available
Zhao Shunyi $192,000 Ticor Title Las Vegas
Zhao Shunyi -- Ticor Title Las Vegas
Ty Selby -- None Available
Selby Ty -- None Available
Selby Pamela H -- Title One
Selby Pamela H -- Title One
Hiatt Darral L -- Title One
Selby Pamela H $306,000 None Available
Coral S Wright Trust $306,000 None Available
Wright Coral S -- United Title Of Nevada
Wright Coral S $132,000 Old Republic Title Company
English Richard L $120,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Dong Ming $100,000
Closed Zhao Shunyi $76,800
Previous Owner Selby Ty $149,975
Previous Owner Selby Pamela H $158,400
Previous Owner Wright Coral S $25,000
Previous Owner Wright Coral S $40,000
Previous Owner English Richard L $84,000
Closed Wright Coral S $85,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 For Rent $1,450 0.0% --
07/26/2019 07/26/19 Rented $1,450 +20.8% --
08/16/2015 08/16/15 For Rent $1,200 0.0% --
08/16/2015 08/16/15 Rented $1,200 0.0% --
12/30/2014 12/30/14 Rented $1,200 0.0% --
11/30/2014 11/30/14 Under Contract -- -- --
11/17/2014 11/17/14 For Rent $1,200 0.0% --
11/07/2014 11/07/14 Sold $192,000 -4.0% $124 / Sq Ft
10/08/2014 10/08/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $200,000 -- $129 / 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 $2,031 $87,377 $38,850 $48,527
2024 $1,972 $87,377 $38,850 $48,527
2023 $2,068 $81,715 $35,000 $46,715
2022 $1,915 $75,229 $32,200 $43,029
2021 $2,297 $68,860 $27,650 $41,210
2020 $1,644 $68,717 $27,650 $41,067
2019 $1,540 $64,979 $24,150 $40,829
2018 $1,470 $63,404 $23,800 $39,604
2017 $1,780 $60,689 $20,300 $40,389
2016 $1,377 $56,607 $15,750 $40,857
2015 $1,373 $49,390 $13,300 $36,090
2014 $1,330 $44,012 $10,150 $33,862
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2019

    Sylvia Sheng

    Desert Springs Realty LTD

    (702) 769-2633

    28 in this area

    115 Total Sales

    Section Image

  • J

    Buyer's Agent in 2015

    John Paul Browne

    A-Me Realty & Property Mgmt

    (702) 879-8620

    2 in this area

    7 Total Sales

    Section Image

  • D

    Seller's Agent in 2014

    Dulcie Latorre

    RE/MAX

  • T

    Buyer's Agent in 2014

    Tina Hong

    Vertex Realty & Property Manag

    7 in this area

    39 Total Sales

    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2120065

Las Vegas REALTORS®

APN: 163-22-422-058

Nevada Clark County Las Vegas 89147 Spring Valley

7477 Palermo Ave, Las Vegas, NV

This home is located at 7477 Palermo Ave, Las Vegas, NV 89147 since 26 July 2019 and is currently priced at $444,778. This property was built in 1989. 7477 Palermo Ave is a home located in Clark County with nearby schools including Frank Kim Elementary School, Clifford J Lawrence Junior High School, and Durango High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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