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1201 Padre Serra Lane

1201 Padre Serra Lane, Las Vegas, NV 89134
Sold Feb 27, 2020
$300,000
$200,000 by Broker Solutions Inc
Mortgage Due Mar 01, 2050
Sold Jan 20, 2017
$254,200
Seller
Local assessors in Las Vegas, NV have categorized 1201 Padre Serra Lane as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 4,792 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1201 Padre Serra Lane has a total of 1,641 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 389 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of concrete. Lots of a combination of material were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Feb 17, 2020 for $300,000. That's $147.78 per sqft. Prior to that sales transaction, the property was also sold in Jan 18, 2017 for $254,200. 1201 Padre Serra Lane was last assessed in 2024. The total value of the property was assessed at $97,905. Specifically, the land the property is located on was valued at $41,300. While improvements on the property were assessed at a total of $56,605. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,149. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 389
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 2,030
  • Gross Building Area: 2,030
  • Building Area: 1,641
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,641
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SANTA BARBARA AT SUMMERLIN- UNIT 1
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SANTA BARBARA AT SUMMERLIN- UNIT 1 PLAT BOOK 66 PAGE 71 LOT 7 BLOCK 3

Ownership

  • Current Owner : PRESSER ERIC MICHAEL
  • Current Owner 2: PRESSER SARAH
  • Previous Owner : SHREVE CHASEN
  • Owner Before Previous Owner: PAYAN JASON
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 003218

Zoning

  • Zoning: L:P-C

Geography

  • Assessors Map Reference: 138-030
  • District: LV
  • Parcel: 138-30-516-007
  • Block: 3
  • Lot: 7
  • Meridian: SEC 30 TWN 20S RNG 60E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.1854
  • Longitude: -115.303

    Address

  • Full Address: 1201 Padre Serra Ln
  • Legal Unit: 1
  • Address - House Number: 1201
  • Address - Street Name: Padre Serra
  • Address - Suffix Type: Ln
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C018
  • 4-Digit Zip Code: 0508
  • Zip Code: 89134

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,149
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 448,704
  • High Value: 516,981
  • Low Value: 380,427

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Feb 27, 2020
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $212,243
  • Market Land Value: $74,000
  • Market Improvement Value: $138,243

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $97,905
  • Assessed Land Value: $41,300
  • Assessed Improvements Value: $56,605

    Sales

  • Current Sale Contract Date: Feb 17, 2020
  • Current Sale Recording Date: Feb 27, 2020
  • Current Sale Transaction ID: 11741957877
  • Current Sale Price: $300,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20200227-0001645
  • Previous Sale Recording Date: Jan 20, 2017
  • Previous Sale Contract Date: Jan 18, 2017
  • Previous Sale Amount: $254,200
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Feb 27, 2020
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

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Frequently Asked Questions

What neighborhood is 1201 Padre Serra Lane located in?
The 1201 Padre Serra Lane is a house located in the neighborhood of Santa Barbara in Summerlin, Las Vegas.
What is the average sales price for listings in 1201 Padre Serra Lane?
The average sales price for units in 1201 Padre Serra Lane is $0 currently.

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