NOT LISTED FOR SALE

7950 W Flamingo Rd Unit 1071 Las Vegas, NV 89147

Spring Valley Neighborhood

Estimated Value: $249,000 - $256,000

2 Beds
2 Baths
1,023 Sq Ft
$130/mo HOA Fee

Last Sold September 16, 2014

Last sale price $91,000 $89 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,612/month

65 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Gated Community
  • Main Floor Primary Bedroom
  • Covered patio or porch

About This Home

As of September 2014

This Little Jewel is Complete with tile floors and neutral carpets, FANTASTIC LOCATION!!! 1st level unit! Ready for immediate move in. What a price, This one will not last long! Current tenant on a month-to-month agreement

Last Agent to Sell the Property

JEROMY OBLAD

Allen Properties License #B.0000059 Listed on: 06/12/2014

Last Buyer's Agent

Mario Alfaro-Olmedo

Urban Nest Realty License #S.0173403

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $589

Year Built

  • Built in 1994

Lot Details

  • North Facing Home
  • Desert Landscape
  • Property is in very good condition

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,023 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace

Kitchen

  • Built-In Gas Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities, security, water
  • Raintree West Association, Phone Number (702) 942-2500
  • Buenos Aires Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$589

Year Built

Built in 1994

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: BUENOS AIRES CONDO
  • Directions: Flamingo and Buffalo, Go W on Flamingo to raintree west, R into rain tree, through gate (No Gate Code) to right to end then left to the very back of the complex Bldg #20
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1994
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Gas Oven, Dryer, Dishwasher, Disposal, Refrigerator, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Block, Stucco
  • Direction Faces: North
  • Exterior Features: Patio
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale, Very Good Condition
  • Roof: Tile

Garage/Parking

  • Parking Features: Assigned, Covered, Guest

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Clubhouse, Fitness Center, Gated, Pool
  • Association Fee: 130.0
  • Association Fee Frequency: Monthly
  • Association Name: Raintree West
  • Phone: 702-942-2500
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Recreation Facilities, Security, Water

Schools

  • Elementary School: Bryan Roger*,Bryan Roger*
  • High School: Spring Valley HS
  • Middle Or Junior School: Lawrence

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 2378.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 589.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2014
Closed on
Aug 13, 2014
Sold by
Friedman Philip S
Bought by
Herrera Edwin Ramon
Seller's Agent
JEROMY OBLAD
Allen Properties
Buyer's Agent
Mario Alfaro-Olmedo
Urban Nest Realty
List Price
$95,000
Sold Price
$91,000
Premium/Discount to List
-$4,000
-4.21%
Current Estimated Value
$255,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,187
Avg. Annual Appreciation
9.91%
Original Mortgage
$72,800
Outstanding Balance
$56,272
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$198,687

Purchase Details

Closed on
Aug 19, 2008
Sold by
Suntrust Mortgage Inc
Bought by
Friedman Philip S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 12, 2008
Sold by
Friedman Shari
Bought by
Friedman Philip S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 28, 2008
Sold by
Tucker Richard R
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Oct 12, 2005
Sold by
Wilson Samantha
Bought by
Tucker Richard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 22, 2000
Sold by
Kahn Grace W
Bought by
Wilson Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.15%

Purchase Details

Closed on
Mar 22, 1994
Sold by
Raintree West Associates Ltd Prtnrshp
Bought by
Kahn Woodrow Max and Kahn Grace W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,489
Interest Rate
7.21%
Mortgage Type
VA
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
Herrera Edwin Ramon $91,000 First American Title Paseo
Friedman Philip S $114,000 Fidelity National Title Las
Friedman Philip S -- Fidelity National Title Las
Suntrust Mortgage Inc $176,114 First American Title
Tucker Richard R $199,000 Chicago Title
Wilson Samantha $78,000 Nevada Title Company
Kahn Woodrow Max $77,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Edwin Ramon $72,800
Previous Owner Friedman Philip S $85,500
Previous Owner Tucker Richard R $83,500
Previous Owner Tucker Richard R $158,400
Previous Owner Wilson Samantha $40,000
Previous Owner Kahn Woodrow Max $78,489
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2014 09/16/14 Sold $91,000 -4.2% $89 / Sq Ft
08/17/2014 08/17/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $95,000 0.0% $93 / Sq Ft
03/13/2013 03/13/13 Rented $695 -7.3% --
02/11/2013 02/11/13 Under Contract -- -- --
01/29/2013 01/29/13 For Rent $750 0.0% --
12/21/2011 12/21/11 For Rent $750 0.0% --
12/21/2011 12/21/11 Rented $750 -- --
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 $1,020 $46,300 $21,700 $24,600
2024 $945 $46,300 $21,700 $24,600
2023 $629 $48,042 $25,200 $22,842
2022 $875 $39,386 $18,200 $21,186
2021 $810 $38,114 $17,500 $20,614
2020 $750 $37,688 $17,150 $20,538
2019 $703 $35,500 $15,050 $20,450
2018 $670 $27,995 $8,050 $19,945
2017 $629 $27,125 $6,650 $20,475
2016 $629 $26,293 $5,600 $20,693
2015 $626 $25,259 $4,550 $20,709
2014 $607 $20,073 $5,250 $14,823
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1453982

Las Vegas REALTORS®

APN: 163-16-812-067