NOT LISTED FOR SALE

7885 W Flamingo Rd Unit 2001 Las Vegas, NV 89147

Rancho Viejo Neighborhood

Estimated Value: $227,000 - $238,000

2 Beds
2 Baths
934 Sq Ft
10,106 Sq Ft Lot

Last Sold January 31, 2023

Last sale price $200,000 $214 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,302/month

Highlights

  • Gated Community
  • Main Floor Bedroom
  • Cooling System Powered By Gas
  • Clubhouse
  • Community Pool
  • Laundry Room

About This Home

As of October 2023

GATED COMMUNITY WITH LOTS OF AMENITIES AND PARKING SPACES. FRESHLY REMODELED. NEW UPGRATED APPLIANCES. LAMINATE AND TILE FLOORING. WALK-IN CLOSETS FOR BOTH BEDROOMS. `A SPACIOUS LAUNDRY ROOM WITH CABINETS FOR EXTRA STORAGE. BALCONY WITH AN OPEN VIEW. HUGE PARK WITHIN WALKING DISTANCE

Last Agent to Rent the Property

zorik arakelyan

IHOME Realty LLC Brokerage Phone: 702-732-4862 License #B.0143249 Listed on: 09/24/2023

Last Renter's Agent

Katrina Lin

Win Win Real Estate License #S.0195201

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $794

Year Built

  • Built in 1997

Lot Details

  • East Facing Home

Parking

  • Guest Parking

Home Design

  • Frame Construction
  • Pitched Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 934 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,490
  • Property Available on 9/24/23
  • Tenant pays for cable TV, electricity
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Rancho Viejo Association, Phone Number (702) 257-1177
  • Rancho Viejo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$794

Year Built

Built in 1997

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity
  • Available Date: 2023-09-24
  • Security Deposit: 1490.0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.232
  • Subdivision Name: Rancho Viejo
  • Directions: FROM WEST FLAMINGO, HEAD WEST; BEFORE S BUFFALO, RIGHT TO THE GATED COMMUNITY - RANCHO VIEJO; 1ST BUILDING ON YOUR RIGHT
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1997
  • ResoPropertyType: ResidentialLease
  • Attribution Contact: 702-732-4862
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 934.0
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Roof: Pitched, Tile

Garage/Parking

  • Parking Features: Guest

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Gated, Barbecue, Pool, Spa/Hot Tub
  • Association: RANCHO VIEJO
  • Association Phone #2: 702-257-1177
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Bryan, Richard H.,Bryan, Richard H.
  • High School: Spring Valley HS
  • Middle Or Junior School: Lawrence

Lot Info

  • Lot Size Sq Ft: 10106.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Jan 30, 2023
Sold by
Vardanyan Naira
Bought by
Arakelyan Zorik
Seller's Agent
Ziyu Xu
Infobroker Realty
Buyer's Agent
zorik arakelyan
IHOME Realty LLC
List Price
$218,000
Sold Price
$200,000
Premium/Discount to List
-$18,000
-8.26%
Views
8
Current Estimated Value
$234,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,043
Avg. Annual Appreciation
6.82%

Purchase Details

Listed on
Dec 7, 2022
Closed on
Jan 26, 2023
Sold by
Pan Aaron
Bought by
Arakelyan Zorik
Seller's Agent
Ziyu Xu
Infobroker Realty
Buyer's Agent
zorik arakelyan
IHOME Realty LLC
List Price
$218,000
Sold Price
$200,000
Premium/Discount to List
-$18,000
-8.26%
Views
8

Purchase Details

Closed on
Feb 22, 2020
Sold by
Pan Zhenfeng and Du Shengyan
Bought by
Pan Aaron

Purchase Details

Closed on
Oct 10, 2018
Sold by
Pan Zhenfeng
Bought by
Pan Zhenfeng and Du Shngyan

Purchase Details

Closed on
Sep 17, 2018
Sold by
Pan Zhenfeng
Bought by
Pan Zhenfeng and Du Shengyan

Purchase Details

Listed on
May 2, 2014
Closed on
Jul 7, 2014
Sold by
He Weixing
Bought by
Pan Zhenfeng
Seller's Agent
Frank Xiao Y Lin
Prominent Realty Group LLC
Buyer's Agent
Agustin Sequeira
Simply Vegas
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%

Purchase Details

Closed on
Mar 9, 2009
Sold by
Bank Of New York
Bought by
He Weixing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
4.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 7, 2009
Sold by
Khan Hakim M
Bought by
Bank Of New York

Purchase Details

Closed on
Apr 15, 2005
Sold by
Maverick Development Fund Ii Llc
Bought by
Khan Hakim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization
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
Arakelyan Zorik -- Noble Title
Arakelyan Zorik $200,000 Noble Title
Pan Aaron $82,000 None Available
Pan Zhenfeng -- None Available
Pan Zhenfeng -- None Available
Pan Zhenfeng $80,000 Lawyers Title Of Nevada
He Weixing $60,000 First American Title Paseo V
Bank Of New York $92,500 First American Title Ins Co
Khan Hakim M $170,000 First Amer Title Co Of Nv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pan Aaron $176,000
Previous Owner He Weixing $41,400
Previous Owner He Weixing $42,000
Previous Owner Khan Hakim M $136,000
Closed Khan Hakim M $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Rented $1,490 0.0% --
10/06/2023 10/06/23 Under Contract -- -- --
09/24/2023 09/24/23 For Rent $1,490 +2.8% --
05/26/2023 05/26/23 Rented $1,450 0.0% --
05/26/2023 05/26/23 Under Contract -- -- --
05/14/2023 05/14/23 Price Changed $1,450 -6.5% $2 / Sq Ft
05/08/2023 05/08/23 Price Changed $1,550 -6.1% $2 / Sq Ft
05/03/2023 05/03/23 For Rent $1,650 0.0% --
01/31/2023 01/31/23 Sold $200,000 -8.3% $214 / Sq Ft
12/07/2022 12/07/22 For Sale $218,000 +172.5% $233 / Sq Ft
07/08/2014 07/08/14 Sold $80,000 -5.9% $86 / Sq Ft
06/08/2014 06/08/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $85,000 -- $91 / 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 $794 $47,392 $22,050 $25,342
2024 $736 $47,392 $22,050 $25,342
2023 $736 $47,968 $24,500 $23,468
2022 $681 $38,508 $16,800 $21,708
2021 $662 $36,819 $15,750 $21,069
2020 $639 $36,721 $15,750 $20,971
2019 $621 $34,130 $13,300 $20,830
2018 $592 $27,347 $7,000 $20,347
2017 $776 $26,469 $5,600 $20,869
2016 $556 $26,049 $4,900 $21,149
2015 $553 $23,958 $3,850 $20,108
2014 $536 $19,417 $4,200 $15,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2529750

Las Vegas REALTORS®

APN: 163-21-516-009