$675,000
SOLD JAN 23, 2023

7555 W La Madre Way Las Vegas, NV 89149

3 Beds
3 Baths
2,096 Sq Ft
1.5 Acres

Recently Sold

$322 Per Sq Ft

30% Below List Price

273 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Flooring
  • Covered Patio or Porch
  • RV Hookup
  • No HOA
  • Circular Driveway

About This Home

As of January 2023

RE-MODELED HORSE PROPERTY!! Beautiful Northwest home on over 1 acre with a private go kart track* Single story home ** Fully remodeled** Stainless Steel appliances* Zoned for horses* open floorplan* opportunity to build another house on the land*fully fenced front and backyard* AC in garage* 220 in garage
New Well, well pump, new septic . NO NOA

Last Agent to Sell the Property

Timea Szepesi

Realty ONE Group, Inc Brokerage Phone: (702) 994-5287 License #S.0175956 Listed on: 03/01/2022

Realty ONE Group, Inc

Last Buyer's Agent

Jason Smith

Jsmitty Vegas Realty LLC License #B.1003134

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1972

Lot Details

  • 1.5 Acre Lot
  • North Facing Home
  • Barbed Wire
  • Back Yard Fenced
  • Brick Fence
  • Desert Landscape
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Inside Entrance
  • Garage Door Opener
  • Circular Driveway
  • RV Hookup

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,096 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Built-In Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible
  • Accessibility Features

Outdoor Features

  • Courtyard
  • Covered Patio or Porch

Schools

  • Deskin Ruthe Elementary School
  • Leavitt Justice Myron E Middle School
  • Centennial High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rainbow Valley Estate Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,900

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 1.5
  • Ownership: Single Family Residential
  • Subdivision Name: Rainbow Valley Estate
  • Directions: N on US-95, Exit & L on Craig, R on Buffalo past Lone Mountain, R on La Madre
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1972
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (702) 994-5287
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1972

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Electric Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Accessibility Features: Accessibility Features
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Handicap Access, Primary Downstairs
  • Living Area: 2096.0

Exterior Features

  • Fencing: Brick, Barbed Wire, Back Yard
  • Lot Features: 1 to 5 Acres, Desert Landscaping, Landscaped
  • Pool Private: No
  • Direction Faces: North
  • Exterior Features: Circular Driveway, Courtyard, Handicap Accessible, Patio, RV Hookup
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener, Inside Entrance, RV Gated, RV Paved, Workshop in Garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Underground Utilities, Septic Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Deskin Ruthe,Deskin Ruthe
  • High School: Centennial
  • Middle Or Junior School: Leavitt Justice Myron E

Lot Info

  • Horse Amenities: None, Horses Allowed
  • Lot Size Sq Ft: 62458.0
  • Additional Parcels Description: ---
  • Zoning Description: Horses Permitted,Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2023
Sold by
Edson Tamara Lynne
Bought by
Tamara L Edson Family Trust and Edson
Current Estimated Value
$735,767

Purchase Details

Listed on
Mar 1, 2022
Closed on
Jan 19, 2023
Sold by
Ford John Patrick
Bought by
Edson Tamara Lynne and Edson Charles
Seller's Agent
Timea Szepesi
Realty ONE Group, Inc
Buyer's Agent
Jason Smith
Jsmitty Vegas Realty LLC
List Price
$970,000
Sold Price
$675,000
Premium/Discount to List
-$295,000
-30.41%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%
Original Mortgage
$450,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2017
Closed on
Oct 12, 2017
Sold by
Mccarthy & Holtus Llp
Bought by
Ford John Patrick
Seller's Agent
Jim Hastings office
Hastings Brokerage Ltd
Buyer's Agent
Timea Szepesi
Realty ONE Group, Inc
List Price
$349,900
Sold Price
$370,000
Premium/Discount to List
$20,100
5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$287,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2016
Sold by
Rahenkamp James C
Bought by
Mccarthy & Holthus Llp

Purchase Details

Closed on
Aug 3, 2016
Sold by
Towne Tina
Bought by
Rahenkamp James

Purchase Details

Closed on
Apr 26, 2016
Sold by
Towne Tina
Bought by
Rahenkamp James

Purchase Details

Closed on
Oct 10, 2005
Sold by
Rahenkamp James C
Bought by
Rahenkamp James and Rahenkamp Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 4, 2002
Sold by
Rahenkamp Tina Ann
Bought by
Rahenkamp James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,100
Interest Rate
9.22%

Purchase Details

Closed on
Sep 3, 2002
Sold by
Evans Damon P and Evans Shannon K
Bought by
Rahenkamp James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,100
Interest Rate
9.22%

Purchase Details

Closed on
Jul 13, 2000
Sold by
Cooper Thurman Carrie
Bought by
Evans Damon P and Evans Shannon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,050
Interest Rate
9.25%

Purchase Details

Closed on
Oct 17, 1997
Sold by
Basham Richard A and Basham Sharon D
Bought by
Thurman Carrie Cooper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
8%

Purchase Details

Closed on
Oct 9, 1997
Sold by
Thurman Carrie Cooper and Thurman William T
Bought by
Thurman Carrie Cooper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
8%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Bargain Sale Deed $675,000 Lawyers Title
Bargain Sale Deed $370,000 None Available
Interfamily Deed Transfer $218,480 Quality Escrow Inc Nevada
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- United Title
Bargain Sale Deed $266,000 United Title
Bargain Sale Deed $233,000 National Title Company
Deed -- Land Title
Interfamily Deed Transfer -- Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 New Conventional
Previous Owner $287,500 New Conventional
Previous Owner $95,000 Credit Line Revolving
Previous Owner $226,100 No Value Available
Previous Owner $198,050 No Value Available
Previous Owner $141,000 No Value Available
Closed $23,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $675,000 -9.4% $322 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
10/06/2022 10/06/22 Price Changed $745,000 -0.5% $355 / Sq Ft
09/13/2022 09/13/22 Price Changed $749,000 -6.4% $357 / Sq Ft
07/21/2022 07/21/22 Price Changed $799,999 -3.0% $382 / Sq Ft
05/27/2022 05/27/22 Price Changed $825,000 -2.9% $394 / Sq Ft
05/12/2022 05/12/22 Price Changed $850,000 -2.9% $406 / Sq Ft
05/02/2022 05/02/22 Price Changed $875,000 -2.7% $417 / Sq Ft
03/30/2022 03/30/22 Price Changed $899,000 -3.3% $429 / Sq Ft
03/17/2022 03/17/22 Price Changed $929,999 -3.1% $444 / Sq Ft
03/09/2022 03/09/22 Price Changed $959,999 -1.0% $458 / Sq Ft
03/01/2022 03/01/22 For Sale $970,000 +162.2% $463 / Sq Ft
11/03/2017 11/03/17 Sold $370,000 +5.7% $177 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $349,900 -- $167 / 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 $2,581 $155,761 $121,275 $34,486
2024 $2,390 $155,761 $121,275 $34,486
2023 $2,390 $111,685 $80,850 $30,835
2022 $2,213 $96,331 $68,723 $27,608
2021 $2,049 $96,971 $69,733 $27,238
2020 $1,900 $90,461 $62,475 $27,986
2019 $1,781 $82,623 $54,250 $28,373
2018 $1,699 $82,319 $54,250 $28,069
2017 $2,085 $76,468 $47,250 $29,218
2016 $1,591 $73,620 $42,525 $31,095
2015 $1,588 $65,570 $34,125 $31,445
2014 $1,538 $54,735 $22,750 $31,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2374430

Las Vegas REALTORS®

APN: 125-34-410-001