NOT LISTED FOR SALE

Las Vegas, NV 89108

Michael Way Neighborhood

Estimated Value: $360,000 - $406,000

3 Beds
2.5 Baths
1,421 Sq Ft
$267/Sq Ft Est. Value

Last Sold January 09, 2017

Last sale price $175,000 $123 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,158/month

22 Days on Market

Highlights

  • 2 Car Attached Garage
  • Drip System Landscaping
  • East Facing Home
  • Cooling Available
  • Central Heating
  • Carpet

About This Home

As of January 2017

Great Home or Rental. Fresh paint, carpet. All tile on the first floor with Vaulted ceilings. Show and Sell.

Last Agent to Sell the Property

Jose Inchauriga

Elite Realty License #S.0064193 Listed on: 11/17/2016

Last Buyer's Agent

Peter Banyai

United Realty Group License #S.0066844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $908

Year Built

  • Built in 1993

Lot Details

  • 3,485 Sq Ft Lot
  • East Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Drip System Landscaping
  • Property is in good condition

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tile Roof

Interior Spaces

  • 1,421 Sq Ft Home
  • 2-Story Property
  • Carpet

Kitchen

  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Eco-Friendly Details

  • Sprinkler System

Schools

  • Fong Lily & Wing* Elementary School
  • Sawyer Grant* Middle School
  • Western High School

Utilities

  • Cooling Available
  • Central Heating
  • Underground Utilities

Community Details

  • Association fees include management
  • Sommerset HOA, Phone Number (702) 215-5093
  • Rainbow Park 1 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$908

Year Built

Built in 1993

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Subdivision Name: RAINBOW PARK 1
  • Directions: Rainbow & Vegas E on Vegas Dr Right on Amelia Wy, Left on Ives to Padre Bay Dr. Right hand 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: 1993
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Association Fee 3 Frequency: Quarterly
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1993

Interior Features

  • Private Spa: No
  • Appliances: Gas Cooktop, Disposal, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet
  • Living Area: 1421.0

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Drip Irrigation/Bubblers, Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Drywall
  • Direction Faces: East
  • Exterior Features: Private Yard, Sprinkler/Irrigation
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 92.0
  • Association Fee Frequency: Quarterly
  • Association Name: Sommerset HOA
  • Phone: 702-215-5093
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Elementary School: Fong Lily & Wing*,Fong Lily & Wing*
  • High School: Western
  • Middle Or Junior School: Sawyer Grant*

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 3485.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 908.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2016
Closed on
Jan 5, 2017
Sold by
Balanco Julio Hernandez and Balanco Sandra Rubio
Bought by
Sosa Joel G
Seller's Agent
Jose Inchauriga
Elite Realty
Buyer's Agent
Peter Banyai
United Realty Group
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$379,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,110
Avg. Annual Appreciation
9.19%
Original Mortgage
$171,830
Outstanding Balance
$144,080
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$235,030

Purchase Details

Closed on
Oct 11, 2006
Sold by
Hernandez Blanco Julio
Bought by
Hernandez Blanco Julio and Rubio Hernandez Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 1999
Sold by
Omens Pascuala and Javier Mary Ann
Bought by
Hernandez Blanco Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,490
Interest Rate
6.9%

Purchase Details

Closed on
Sep 1, 1993
Sold by
Sommerset Properties Limited Partne
Bought by
Owens Pascuala and Owens Javier Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,824
Interest Rate
7.2%
Mortgage Type
FHA
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
Sosa Joel G $175,000 Lawyers Title Of Nevada
Hernandez Blanco Julio -- Accommodation
Hernandez Blanco Julio $117,000 Land Title
Owens Pascuala $104,155 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sosa Joel G $171,830
Previous Owner Hernandez Blanco Julio $80,000
Previous Owner Hernandez Blanco Julio $113,490
Previous Owner Owens Pascuala $103,824
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2017 01/09/17 Sold $175,000 0.0% $123 / Sq Ft
12/10/2016 12/10/16 Pending -- -- --
11/17/2016 11/17/16 For Sale $175,000 -- $123 / 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 $1,472 $71,829 $27,300 $44,529
2024 $1,364 $71,829 $27,300 $44,529
2023 $1,364 $68,495 $25,900 $42,595
2022 $1,263 $62,525 $23,450 $39,075
2021 $1,170 $59,420 $22,050 $37,370
2020 $1,083 $57,524 $20,300 $37,224
2019 $1,015 $54,640 $17,850 $36,790
2018 $969 $47,627 $12,250 $35,377
2017 $1,558 $47,534 $11,550 $35,984
2016 $908 $44,974 $8,750 $36,224
2015 $905 $34,623 $5,950 $28,673
2014 $879 $26,006 $4,900 $21,106
Source: Public Records

Agents Affiliated with this Home

  • Jose Inchauriga

    Seller's Agent in 2017

    Jose Inchauriga

    Elite Realty

    (702) 238-6379

    3 in this area

    19 Total Sales

    Jose Inchauriga
    Section Image
  • Peter Banyai

    Buyer's Agent in 2017

    Peter Banyai

    United Realty Group

    (702) 354-6356

    1 in this area

    4 Total Sales

    Peter Banyai
    Section Image
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Source: Las Vegas REALTORS®

MLS Number: 1850870

Las Vegas REALTORS®

APN: 138-26-114-033

Nevada Clark County Las Vegas 89108

Michael Way

This home since 17 November 2016 and is currently estimated at $379,110, approximately $266 per square foot. This property was built in 1993. This home is a home located in Clark County with nearby schools including Lilly & Wing Fong Elementary School, Frank F Garside Junior High School, and Western 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.

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