NOT LISTED FOR SALE

7862 Palace Monaco Ave Las Vegas, NV 89117

West Sahara Neighborhood

Estimated Value: $456,754 - $486,000

4 Beds
3 Baths
1,957 Sq Ft
$241/Sq Ft Est. Value

Highlights

  • Main Floor Bedroom
  • Ceiling Fan
  • Washer and Dryer
  • Central Heating and Cooling System
  • 2 Car Garage
  • South Facing Home

About This Home

As of December 2020

Central of Southwest, walk to Desert Breeze community park, close to high school, nearby shopping center. Minutes away from Strip. One bedroom and bathroom downstairs, open floor plan, wood floor through out the whole house . Big size back yard with easy maintain desert landscape.

Last Agent to Rent the Property

Sylvia Sheng

Desert Springs Realty LTD License #B.1001153 Listed on: 11/19/2020

Last Renter's Agent

Shan Xiao

Desert Springs Realty LTD License #S.0189093

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,755

Year Built

  • Built in 2000

Lot Details

  • 4,356 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,957 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Laminate Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry on upper level
  • Washer and Dryer

Schools

  • Derfelt Herbert A Elementary School
  • Lawrence Middle School
  • Spring Valley High School

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Rmi Association, Phone Number (702) 218-4796
  • Monaco Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Security Deposit $2,400
  • Property Available on 11/19/20
  • Tenant pays for electricity, gas, sewer, water
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,755

Year Built

Built in 2000

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas, Sewer, Water
  • Available Date: 2020-11-19
  • Security Deposit: 2400.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.1
  • Subdivision Name: MONACO
  • Directions: West on Desert Inn, pass buffalo, right on Wadlaw, first right on Palace Monaco, house is on your left.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2000
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s)
  • Living Area: 1957.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

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

  • Senior Community: No
  • Association: RMI
  • Association Phone #2: 702-218-4796
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Derfelt Herbert A,Derfelt Herbert A
  • High School: Spring Valley HS
  • Middle Or Junior School: Lawrence

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Li Jinyuan and Liu Ying
Bought by
Li Family Trust
Current Estimated Value
$471,689

Purchase Details

Closed on
Sep 22, 2006
Sold by
Lin Liu Ying and Li Jin Yuan
Bought by
Li Jinyuan and Lin Liu Ying

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
6.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 5, 2001
Sold by
Lin Liu Ying and Li Jinyuan
Bought by
Li Jin Yuan and Lin Liu Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.24%

Purchase Details

Closed on
Dec 20, 1999
Sold by
Lewis Homes Carlyle Venture Llc
Bought by
Lin Liu Ying and Li Jinyuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
7.69%
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
Li Family Trust -- None Listed On Document
Li Jinyuan $180,000 Old Republic Title Co Of Nv
Li Jin Yuan -- First American Title Co
Lin Liu Ying $156,150 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Jinyuan $155,000
Previous Owner Li Jinyuan $180,000
Previous Owner Li Jin Yuan $125,000
Previous Owner Lin Liu Ying $124,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 For Rent $1,590 +2.6% --
11/19/2020 11/19/20 Rented $1,550 +4.0% --
04/03/2018 04/03/18 For Rent $1,490 0.0% --
04/03/2018 04/03/18 Rented $1,490 +6.4% --
06/29/2017 06/29/17 For Rent $1,400 -3.4% --
06/29/2017 06/29/17 Rented $1,450 -- --
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 $2,755 $105,919 $36,750 $69,169
2024 $2,552 $105,919 $36,750 $69,169
2023 $2,552 $99,844 $34,300 $65,544
2022 $2,363 $89,684 $29,750 $59,934
2021 $2,188 $82,988 $25,900 $57,088
2020 $2,029 $81,492 $24,850 $56,642
2019 $1,901 $78,392 $22,750 $55,642
2018 $1,814 $71,837 $18,550 $53,287
2017 $2,076 $70,783 $16,800 $53,983
2016 $1,699 $67,970 $14,000 $53,970
2015 $1,695 $61,043 $11,550 $49,493
2014 $1,642 $54,329 $7,350 $46,979
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2020

    Sylvia Sheng

    Desert Springs Realty LTD

    (702) 769-2633

    2 in this area

    113 Total Sales

    Sylvia Sheng
    Section Image

  • S

    Tenant's Agent in 2020

    Shan Xiao

    Desert Springs Realty LTD

    (702) 505-3092

    12 Total Sales

    Shan Xiao
    Section Image

  • R

    Buyer's Agent in 2017

    Ruijing Ison

    Keller Williams Market Place I

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2249612

Las Vegas REALTORS®

APN: 163-09-816-035

Nevada Clark County Las Vegas 89117 West Sahara

7862 Palace Monaco Ave, Las Vegas, NV

This home is located at 7862 Palace Monaco Ave, Las Vegas, NV 89117 since 19 November 2020 and is currently priced at $471,689. This property was built in 2000. 7862 Palace Monaco Ave is a home located in Clark County with nearby schools including Herbert A. Derfelt Elementary School, Clifford J Lawrence Junior High School, and Spring Valley 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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