NOT LISTED FOR SALE

8320 Palace Heights Ave Las Vegas, NV 89117

West Sahara Neighborhood

Estimated Value: $531,880 - $579,000

4 Beds
2.5 Baths
2,697 Sq Ft
$207/Sq Ft Est. Value

Last Sold May 04, 2012

Last sale price $215,000 $80 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $3,292/month

Highlights

  • 3 Car Attached Garage
  • Washer and Dryer
  • Property is Fully Fenced
  • Central Heating and Cooling System
  • North Facing Home

About This Home

As of October 2013

Beautiful 4 bedroom house with 3 car garage in Monaco community. New remodeled house features tiles floor downstairs, all bamboo floor upstairs with designed tiles in bathrooms. The separate living room and family room with open floor kitchen. Island kitchen with granite countertop. 2 walking closets in Master BA with dual sinks.

Last Agent to Rent the Property

Rong Chen

Investpro Realty License #S.0059839 Listed on: 07/05/2013

Last Renter's Agent

Bob Lamonte

Costello Realty & Mgmt License #BS.0005011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,758

Year Built

  • Built in 2001

Lot Details

  • 4,792 Sq Ft Lot
  • North Facing Home
  • Property is Fully Fenced
  • Block Wall Fence
  • Property is in good condition

Parking

  • 3 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,697 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer

Schools

  • Lawrence Middle School
  • Spring Valley High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Monaco Association, Phone Number (702) 241-9636
  • Monaco #15 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Security Deposit $1,600
  • Property Available on 7/5/13
  • Tenant pays for cable TV, electricity, gas, grounds care, trash collection, water

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,758

Year Built

Built in 2001

Lot Details

0

Parking

3

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Trash Collection, Water
  • Available Date: 2013-07-05
  • Security Deposit: 1600.0
  • Pet Deposit: 350.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.11
  • Subdivision Name: MONACO #15
  • Directions: From Bufflo & Desert Inn, West on Desert Inn, R on Cimarron, 1st L on Cervetti, R on Lapis Beach, L on Golden Cypress, R on Maple Valley, L on Palace Heights.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2001
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 2697.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Full
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Property Condition: Good Condition
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener, Inside Entrance

Utilities

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

Condo/Co-op/Association

  • Association: MONACO
  • Association Phone #2: 702-241-9636
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • High School: Spring Valley HS
  • Middle Or Junior School: Lawrence

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 4792.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2012
Closed on
Apr 18, 2012
Sold by
Ivy Investments Llc
Bought by
Philippon Robert Richard and Philippon Lingli
Seller's Agent
Eugene Wang
Compass Realty & Management
Buyer's Agent
Eugene Wang
Compass Realty & Management
List Price
$238,000
Sold Price
$215,000
Premium/Discount to List
-$23,000
-9.66%
Current Estimated Value
$559,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,220
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Jan 25, 2012
Sold by
Monjezi Milad M
Bought by
Ivy Investment Llc

Purchase Details

Closed on
Nov 7, 2008
Sold by
Monjezi Milad
Bought by
Monjezi Milad M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,700
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2008
Sold by
Tatevosyan Arsen
Bought by
Monjezi Milad

Purchase Details

Closed on
Oct 19, 2000
Sold by
Lewis Homes Carlyle Venture Llc
Bought by
Tatevosyan Arsen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
6.98%
Source: Public Records

Range of Values:

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Average Value
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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
Philippon Robert Richard $215,000 Lawyers Title Of Nevada Vil
Ivy Investment Llc $164,000 None Available
Monjezi Milad M -- Chicago Title Las Vegas
Monjezi Milad $197,000 None Available
Tatevosyan Arsen $187,002 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monjezi Milad M $207,700
Previous Owner Tatevosyan Arsen $100,000
Previous Owner Tatevosyan Arsen $47,500
Previous Owner Tatevosyan Arsen $22,000
Previous Owner Tatevosyan Arsen $178,000
Previous Owner Tatevosyan Arsen $177,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2013 10/15/13 Rented $1,600 -5.6% --
09/15/2013 09/15/13 Under Contract -- -- --
07/05/2013 07/05/13 For Rent $1,695 0.0% --
05/04/2012 05/04/12 Sold $215,000 -9.7% $80 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $238,000 -- $88 / 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 $2,758 $129,724 $36,750 $92,974
2024 $2,678 $129,724 $36,750 $92,974
2023 $2,808 $122,282 $34,300 $87,982
2022 $2,727 $110,036 $29,750 $80,286
2021 $2,525 $102,179 $25,900 $76,279
2020 $2,448 $100,488 $24,850 $75,638
2019 $2,419 $97,395 $22,750 $74,645
2018 $2,308 $89,783 $18,550 $71,233
2017 $2,608 $88,935 $16,800 $72,135
2016 $2,186 $86,055 $14,000 $72,055
2015 $2,185 $77,579 $11,550 $66,029
2014 $2,117 $70,048 $7,350 $62,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1361281

Las Vegas REALTORS®

APN: 163-09-313-054