NOT LISTED FOR SALE

7497 Palermo Ave Las Vegas, NV 89147

Spring Valley Neighborhood

Estimated Value: $516,744 - $548,000

4 Beds
3 Baths
2,266 Sq Ft
$236/Sq Ft Est. Value

Highlights

  • Laundry Room
  • 3 Car Garage
  • North Facing Home
  • Central Heating and Cooling System
  • Washer and Dryer
  • Property is in excellent condition

About This Home

As of January 2017

SPACIOUS TWO STORY HOME, GOOD CURB APPEAL, LARGE ROOMS, VAULTED CEILINGS, EASY ACCESS TO SCHOOLS, SHOPPING & FREEWAY ACCESS. BRAND NEW LAMINATE FLOORING. ALL APPLIANCES INCLUDED.

Last Agent to Rent the Property

Judith Sullivan

Nevada Real Estate Corp License #B.0021094 Listed on: 11/16/2016

Last Renter's Agent

Hsun Lau

BHHS Nevada Properties License #S.0173041

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1989

Lot Details

  • 6,098 Sq Ft Lot
  • North Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Property is in excellent condition

Parking

  • 3 Car Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,266 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

  • Kim Frank Elementary School
  • Sawyer Grant* Middle School
  • Durango High School

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Spring Valley HOA, Phone Number (702) 732-2151
  • Spring Valley Unit #11 B Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Security Deposit $1,550
  • Property Available on 11/16/16
  • Tenant pays for electricity, gas, grounds care, key deposit, sewer, trash collection, water
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,232

Year Built

Built in 1989

Lot Details

0

Parking

3

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas, Grounds Care, Key Deposit, Sewer, Trash Collection, Water
  • Available Date: 2016-11-16
  • Security Deposit: 1550.0

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: FROM TROPICANA & BUFFALO, E ON TROPICANA, L ON HARTFIELD, R ON PARNELL, L ON ILLUSTRIOUS, R ON PALERMO
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1989
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Living Area: 2266.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Room
  • 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: SPRING VALLEY HOA
  • Association Phone #2: 702-732-2151
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Kim Frank,Kim Frank
  • High School: Durango
  • 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
Dec 6, 2014
Sold by
Chekol Ambachew and Moltot Lidia A
Bought by
Chekol Ambachew and Moltot Lidia A
Current Estimated Value
$533,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2011
Sold by
Chekol Ambachew and Moltot Lidia A
Bought by
Chekol Ambachew and Moltot Lidia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,270
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2010
Sold by
Chekol Ambachew and Moltot Lidia A
Bought by
Chekol Ambachew and Moltot Lidia A

Purchase Details

Closed on
Oct 2, 2008
Sold by
Wells Fargo Bank National Association
Bought by
Chekol Ambachew and Moltot Lidia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,076
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2008
Sold by
Ayala Silvia
Bought by
Wells Fargo Bank Na and Certificateholders Morgan Stanley Abs Ca

Purchase Details

Closed on
Nov 1, 2004
Sold by
Ruiz Roger and Ayala Silvia
Bought by
Ayala Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 20, 2004
Sold by
Salsaz George A
Bought by
Ruiz Roger and Ayala Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
6.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 7, 2000
Sold by
Salsaa Linda
Bought by
Salsaa George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,239
Interest Rate
8.15%
Source: Public Records

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chekol Ambachew -- None Available
Chekol Ambachew -- Servicelink Aliquippa
Chekol Ambachew -- None Available
Chekol Ambachew $216,300 First American Title Paseo V
Wells Fargo Bank Na $226,525 Fidelity National Title
Ayala Silvia -- Old Republic Title Co Of Nv
Ruiz Roger $253,000 Nevada Title Company
Salsaa George A -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chekol Ambachew $321,000
Closed Chekol Ambachew $190,000
Closed Chekol Ambachew $195,416
Closed Chekol Ambachew $195,270
Previous Owner Chekol Ambachew $198,076
Previous Owner Ayala Silvia $101,169
Previous Owner Ayala Silvia $20,000
Previous Owner Ayala Silvia $280,000
Previous Owner Ruiz Roger $202,400
Previous Owner Salsaa George A $63,239
Closed Ruiz Roger $50,600
Closed Ayala Silvia $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2017 01/11/17 Rented $1,500 -11.5% --
12/12/2016 12/12/16 Under Contract -- -- --
11/16/2016 11/16/16 For Rent $1,695 -- --
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 $2,232 $99,850 $38,850 $61,000
2024 $2,168 $99,850 $38,850 $61,000
2023 $2,273 $93,704 $35,000 $58,704
2022 $2,307 $86,214 $32,200 $54,014
2021 $2,137 $79,448 $27,650 $51,798
2020 $1,981 $79,315 $27,650 $51,665
2019 $1,857 $75,403 $24,150 $51,253
2018 $1,772 $73,193 $23,800 $49,393
2017 $2,072 $70,662 $20,300 $50,362
2016 $1,659 $66,658 $15,750 $50,908
2015 $1,655 $58,225 $13,300 $44,925
2014 $1,603 $53,048 $10,150 $42,898
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2017

    Judith Sullivan

    Nevada Real Estate Corp

    (702) 368-6883

    9 in this area

    39 Total Sales

    Section Image

  • H

    Tenant's Agent in 2017

    Hsun Lau

    BHHS Nevada Properties

    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1850462

Las Vegas REALTORS®

APN: 163-22-422-056

Nevada Clark County Las Vegas 89147 Spring Valley

7497 Palermo Ave, Las Vegas, NV

This home is located at 7497 Palermo Ave, Las Vegas, NV 89147 since 16 November 2016 and is currently priced at $535,186. This property was built in 1989. 7497 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.

Nearby Homes