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1220 Silver Lake Drive

1220 Silver Lake Drive, Las Vegas, NV 89108
Property in Clark
Sold Oct 09, 2008
$84,900
$67,920 by Usaa Fsb
Mortgage Due Nov 01, 2038
Sold Jun 24, 2008
$159,800
1220 Silver Lake Drive in Las Vegas, NV was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1964. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1220 Silver Lake Drive has 1,730 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 680 ft and the linear feet between the front and back of the lot is 1,020. In total, the area measurement of the land is 6,970 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a storm sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed in this manner. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. The exterior walls of the home are made of a combination of material. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1220 Silver Lake Drive sold most recently in Oct 8, 2008 for a total of $84,900. If you work out the math, that's approximately a cost of $49.08 per sqft. Before that, the property was also sold for $159,800 in Jun 2, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $829 in taxes each year. 1220 Silver Lake Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $49,769. If we break it down further, the land itself was valued at $28,700. Improvements to the property, however, were assessed at a total of $21,069. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,730
  • Gross Building Area: 1,730
  • Building Area: 1,730
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,730
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TWIN LAKES VILLAGE UNIT 3
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TWIN LAKES VILLAGE UNIT 3 PLAT BOOK 4 PAGE 51 LOT 6 BLOCK 14

Ownership

  • Current Owner : SOLIS JOSE O
  • Current Owner 2: SOLIS BLANCA
  • Previous Owner : RESIDENTIAL FUNDING CO LLC
  • Owner Before Previous Owner: MERAZ VICTOR D
  • Owner Before Previous Owner 2: COBIAN MARIBEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 000101

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 139-029
  • District: LV
  • Parcel: 139-29-111-102
  • Block: 14
  • Lot: 6
  • Meridian: SEC 29 TWN 20S RNG 61E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.1857
  • Longitude: -115.186

    Address

  • Full Address: 1220 Silver Lake Dr
  • Legal Unit: 3
  • Address - House Number: 1220
  • Address - Street Name: Silver Lake
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C001
  • 4-Digit Zip Code: 1068
  • Zip Code: 89108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $829
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 312,297
  • High Value: 364,886
  • Low Value: 259,707

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $67,920
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: Oct 09, 2008
  • First Open Lien Mortgage Loan Amount: $67,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2038

    Market Valuation

  • Market Total Value: $116,937
  • Market Land Value: $68,000
  • Market Improvement Value: $48,937

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $49,769
  • Assessed Land Value: $28,700
  • Assessed Improvements Value: $21,069

    Sales

  • Current Sale Contract Date: Oct 08, 2008
  • Current Sale Recording Date: Oct 09, 2008
  • Current Sale Transaction ID: 1059883064
  • Current Sale Price: $84,900
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Jun 24, 2008
  • Previous Sale Contract Date: Jun 02, 2008
  • Previous Sale Amount: $159,800
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Oct 09, 2008
  • First Mortgage Loan Amount: $67,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Nov 01, 2038

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Frequently Asked Questions

What neighborhood is 1220 Silver Lake Drive located in?
The 1220 Silver Lake Drive is a located in the neighborhood of Clark in Las Vegas, Las Vegas.
What is the average sales price for listings in 1220 Silver Lake Drive?
The average sales price for units in 1220 Silver Lake Drive is $0 currently.

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