NOT LISTED FOR SALE

7940 Palace Monaco Ave Las Vegas, NV 89117

West Sahara Neighborhood

Estimated Value: $455,676 - $485,000

3 Beds
2.5 Baths
1,974 Sq Ft
$239/Sq Ft Est. Value

Last Sold February 04, 2016

Last sale price $225,000 $114 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,781/month

270 Days on Market

Highlights

  • Great Room
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Covered Patio or Porch
  • Desert Landscape
  • South Facing Home

About This Home

As of February 2016

Darling 2 Story Home with nice curb appeal. Convenient location near Desert Spring Park, School, & Shopping. One Office on Main Level however current Owner is using the space as formal Dining. Extra large Master Bedroom w/ Walkin closet. Huge 2nd & 3rd Bedrooms. Large Covered Patio in Back Yard. Mature Landscaping Front & Back with Roses & your very own Lemon Tree!

Last Agent to Sell the Property

Julie Murphy

Key Realty License #S.0073417 Listed on: 04/09/2015

Last Buyer's Agent

Stephen Brown

Executive Realty Services License #S.0051351

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,644

Year Built

  • Built in 1999

Lot Details

  • 4,356 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Desert Landscape
  • Property is in average condition

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,974 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Great Room

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Bryan Roger* Elementary School
  • Guinn Kenny C. Middle School
  • Spring Valley High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities

Community Details

  • Association fees include management
  • Monaco Association, Phone Number (702) 271-0279
  • Monaco Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,644

Year Built

Built in 1999

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Ownership: Single Family Residential
  • Subdivision Name: MONACO
  • Directions: From Desert Inn & Buffalo, West on Buffalo, North (R) on Wardlaw, West (L) on Palace Monaco, House is on the Right Side.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1999
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4108
  • Stories: 2
  • Year Built: 1999

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Gas Cooktop, Disposal
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Vinyl
  • Interior Amenities: Great Room
  • Living Area: 1974.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Patio
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Average Condition, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Gas Dryer Hookup, Upper Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 25.0
  • Association Fee Frequency: Monthly
  • Association Name: Monaco
  • Phone: 702-271-0279
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Elementary School: Bryan Roger*,Bryan Roger*
  • High School: Spring Valley HS
  • Middle Or Junior School: Guinn Kenny C.

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1644.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2018
Sold by
Liang Jin Long and Wu Ya Q
Bought by
The Jin Long Liang Family Trust
Current Estimated Value
$472,669

Purchase Details

Listed on
Apr 9, 2015
Closed on
Feb 2, 2016
Sold by
Schebel Benita N
Bought by
Liang Jin Long and Wu Ya Q
Seller's Agent
Julie Murphy
Key Realty
Buyer's Agent
Stephen Brown
Executive Realty Services
List Price
$275,000
Sold Price
$225,000
Premium/Discount to List
-$50,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%

Purchase Details

Listed on
Apr 9, 2015
Closed on
Jan 13, 2016
Sold by
Liu Zhan and Liu Zhan Hao
Bought by
Liu Zhan Hao and Zhao Qian Li
Seller's Agent
Julie Murphy
Key Realty
Buyer's Agent
Stephen Brown
Executive Realty Services
List Price
$275,000
Sold Price
$225,000
Premium/Discount to List
-$50,000
-18.18%

Purchase Details

Closed on
May 5, 2006
Sold by
Schebel Paul F
Bought by
Schebel Benita N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 3, 2006
Sold by
Lee Brian P and Chang Alice H
Bought by
Schebel Benita N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 12, 2001
Sold by
Chang Alice H
Bought by
Lee Brian P and Chang Alice H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.88%

Purchase Details

Closed on
Nov 25, 1998
Sold by
Lee Brian P
Bought by
Chang Alice H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,900
Interest Rate
6.69%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
The Jin Long Liang Family Trust -- None Available
Liang Jin Long $225,000 Equity Title Of Nevada
Schebel Benita N -- Equity Title Of Nevada
Liu Zhan Hao -- Accommodation
Schebel Benita N -- National Alliance Title
Schebel Benita N $355,000 National Alliance Title
Lee Brian P -- Fidelity National Title
Chang Alice H -- Fidelity National Title
Chang Alice H $137,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schebel Benita N $319,500
Previous Owner Lee Brian P $170,000
Previous Owner Lee Brian P $100,000
Previous Owner Lee Brian P $118,350
Previous Owner Lee Brian P $133,000
Previous Owner Chang Alice H $122,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2016 02/04/16 Sold $225,000 -18.2% $114 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
04/09/2015 04/09/15 For Sale $275,000 -- $139 / 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 $2,167 $104,574 $36,750 $67,824
2024 $2,105 $104,574 $36,750 $67,824
2023 $2,207 $98,631 $34,300 $64,331
2022 $2,143 $88,631 $29,750 $58,881
2021 $1,984 $81,985 $25,900 $56,085
2020 $1,923 $80,554 $24,850 $55,704
2019 $1,867 $77,460 $22,750 $54,710
2018 $1,813 $70,991 $18,550 $52,441
2017 $1,698 $69,940 $16,800 $53,140
2016 $1,698 $68,165 $14,000 $54,165
2015 $1,694 $61,203 $11,550 $49,653
2014 $1,644 $54,615 $7,350 $47,265
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Julie Murphy

    Key Realty

    5 Total Sales

    Julie Murphy
    Section Image

  • S

    Buyer's Agent in 2016

    Stephen Brown

    Executive Realty Services

    2 in this area

    18 Total Sales

    Stephen Brown
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1530424

Las Vegas REALTORS®

APN: 163-09-810-046

Nevada Clark County Las Vegas 89117 West Sahara

7940 Palace Monaco Ave, Las Vegas, NV

This home is located at 7940 Palace Monaco Ave, Las Vegas, NV 89117 since 09 April 2015 and is currently estimated at $472,669, approximately $239 per square foot. This property was built in 1999. 7940 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.

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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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