$237,811 - $260,000
RENTED JAN 15, 2025

7570 W Flamingo Rd Unit 228 Las Vegas, NV 89147

Spring Valley Neighborhood
2 Beds
2 Baths
1,023 Sq Ft
$244 Price per Sq Ft

Last Sold January 12, 2022

Last sale price $222,000 $217 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,435/month

Highlights

  • Community Pool
  • Ceiling Fan
  • East Facing Home
  • Central Heating and Cooling System
  • Washer and Dryer
  • 3-minute walk to Spring Valley Community Park

About This Home

As of January 2025

Southwest, Walk to park, less than 10 minutes away from Strip. Gated community with community pool. 2nd floor unit, large size living room, two bedrooms are separate with it is own privacy. Master bathroom is upgraded. Brand new wood looking vinyl floor, No carpet !

Last Agent to Rent the Property

Sylvia Sheng

Desert Springs Realty LTD Brokerage Phone: 702-998-7775 License #B.1001153 Listed on: 01/06/2025

Last Renter's Agent

Sylvia Sheng

Desert Springs Realty LTD Brokerage Phone: 702-998-7775 License #B.1001153 Listed on: 01/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $926

Year Built

  • Built in 1991

Lot Details

  • 5,057 Sq Ft Lot
  • East Facing Home
  • Property is in average condition

Home Design

  • Apartment
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,023 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Built-In Gas Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer

Parking

  • Covered Parking
  • Assigned Parking

Schools

  • Diskin Elementary School
  • Lawrence Middle School
  • Spring Valley High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Not Available

Listing and Financial Details

  • Security Deposit $1,500
  • Property Available on 1/6/25
  • Tenant pays for electricity, gas, key deposit
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Rain Tree Association, Phone Number (702) 835-6904
  • Rain Tree Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$926

Year Built

Built in 1991

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas, Key Deposit
  • Available Date: 2025-01-06
  • Security Deposit: 1500.0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.1161
  • Subdivision Name: Rain Tree Condo
  • Directions: Buffalo & Flamingo, E on Buffalo, turn into Rain Tree community.
  • Architectural Style: Two Story
  • Building Name: NONE
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1991
  • ResoPropertyType: ResidentialLease
  • Attribution Contact: 702-998-7775
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Gas Oven, Dryer, Dishwasher, Disposal, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1023.0

Exterior Features

  • Fencing: None
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Block, Stucco
  • Direction Faces: East
  • Property Condition: Average Condition
  • Roof: Tile

Garage/Parking

  • Parking Features: Assigned, Covered

Utilities

  • Laundry Features: Gas Dryer Hookup, Upper Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool, Spa/Hot Tub
  • Association: Rain Tree
  • Association Phone #2: 702-835-6904
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Diskin, P.A.,Diskin, P.A.
  • High School: Spring Valley HS
  • Middle Or Junior School: Lawrence

Lot Info

  • Lot Size Sq Ft: 5057.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Jan 11, 2022
Sold by
Pickering and Tami
Bought by
Liu Pan Family Trust
Seller's Agent
Sylvia Sheng
Desert Springs Realty LTD
Buyer's Agent
Kane Ares
Simply Vegas
Sold Price
$1,300
Current Estimated Value
$249,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,903
Avg. Annual Appreciation
3.24%

Purchase Details

Closed on
Feb 21, 2004
Sold by
Pickering Poyner Tami and Poyner Tami Lee
Bought by
Pickering Richard and Pickering Poyner Tami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
5.61%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Liu Pan Family Trust $222,000 Chicago Title
Pickering Richard -- Equity Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pickering Richard C $70,000
Previous Owner Pickering Richard $66,400
Closed Pickering Richard $10,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Rented $1,350 0.0% --
01/14/2025 01/14/25 Under Contract -- -- --
01/06/2025 01/06/25 For Rent $1,350 +8.0% --
05/24/2024 05/24/24 Rented $1,250 0.0% --
05/17/2024 05/17/24 Under Contract -- -- --
05/15/2024 05/15/24 Price Changed $1,250 -3.1% $1 / Sq Ft
04/26/2024 04/26/24 For Rent $1,290 -0.8% --
02/08/2022 02/08/22 For Rent $1,300 0.0% --
02/08/2022 02/08/22 Rented $1,300 0.0% --
01/12/2022 01/12/22 Sold $222,000 +3.3% $217 / Sq Ft
12/23/2021 12/23/21 For Sale $215,000 -- $210 / 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 $926 $44,154 $21,700 $22,454
2024 $858 $44,154 $21,700 $22,454
2023 $858 $46,119 $25,200 $20,919
2022 $795 $37,660 $18,200 $19,460
2021 $736 $35,432 $16,450 $18,982
2020 $681 $35,430 $16,450 $18,980
2019 $638 $32,231 $13,300 $18,931
2018 $609 $25,898 $7,350 $18,548
2017 $755 $25,739 $6,650 $19,089
2016 $571 $24,951 $5,600 $19,351
2015 $569 $24,293 $4,900 $19,393
2014 $551 $18,226 $4,550 $13,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2644062

Las Vegas REALTORS®

APN: 163-15-412-029