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1221 West Adams Avenue

1221 West Adams Avenue, Las Vegas, NV 89106
Sold Apr 24, 2019
$129,500
$103,600 by Guaranteed Rate Inc
Mortgage Due May 01, 2049
Sold Feb 10, 2015
$66,500
$55,800 by Century 21 Mortgage
Mortgage Due Mar 01, 2045
Local assessors in Las Vegas, NV have categorized 1221 West Adams Avenue as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 7,841 square feet. The linear feet between the front and back of the lot was measured at 1,280 ft and the front of the lot was measured at 610 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1221 West Adams Avenue has a total of 912 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 water 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 storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - E. The building has a roof that is made of asphalt and ply sheets in a built-up roof style. 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. 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, 1221 West Adams Avenue sold most recently in Apr 17, 2019 for a total of $129,500. If you work out the math, that's approximately a cost of $142.00 per sqft. Before that, the property was also sold for $66,500 in Jan 29, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,244 in taxes each year. 1221 West Adams Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $35,609. If we break it down further, the land itself was valued at $24,500. Improvements to the property, however, were assessed at a total of $11,109. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: E
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Combination
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 610
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 912
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BONANZA TERRACE
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BONANZA TERRACE PLAT BOOK 5 PAGE 20 LOT 11 BLOCK 1

Ownership

  • Current Owner : LI MUZHI
  • Current Owner 2: LEI JUDY
  • Previous Owner : MONTES ELIZABETH
  • Owner Before Previous Owner: NEW CASTLE PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 000302

Zoning

  • Zoning: L:R-1

Geography

  • Assessors Map Reference: 139-028
  • District: LV
  • Parcel: 139-28-613-011
  • Block: 1
  • Lot: 11
  • Meridian: SEC 28 TWN 20S RNG 61E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.1816
  • Longitude: -115.158

    Address

  • Full Address: 1221 W Adams Ave
  • Address - House Number: 1221
  • Street Direction: W
  • Address - Street Name: Adams
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C036
  • 4-Digit Zip Code: 2839
  • Zip Code: 89106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,244
  • Tax Rate Code Area: 214

    Appraisal Valuation

  • Standard Deviation: 0.069
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 274,010
  • High Value: 292,922
  • Low Value: 255,098

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $103,600
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Apr 24, 2019
  • First Open Lien Mortgage Loan Amount: $103,600
  • 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: May 01, 2049

    Market Valuation

  • Market Total Value: $77,914
  • Market Land Value: $52,000
  • Market Improvement Value: $25,914

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $35,609
  • Assessed Land Value: $24,500
  • Assessed Improvements Value: $11,109

    Sales

  • Current Sale Contract Date: Apr 17, 2019
  • Current Sale Recording Date: Apr 24, 2019
  • Current Sale Transaction ID: 11601846016
  • Current Sale Price: $129,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20190424-0002795
  • Previous Sale Recording Date: Feb 10, 2015
  • Previous Sale Contract Date: Jan 29, 2015
  • Previous Sale Amount: $66,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Apr 24, 2019
  • First Mortgage Loan Amount: $103,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CENTURY 21 MORTGAGE
  • Previous Mortgage Transaction Date: Feb 10, 2015
  • Previous Mortgage Loan Amount: $55,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2045

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Frequently Asked Questions

What neighborhood is 1221 West Adams Avenue located in?
The 1221 West Adams Avenue is a house located in the neighborhood of West Las Vegas in West Las Vegas, Las Vegas.
What is the average sales price for listings in 1221 West Adams Avenue?
The average sales price for units in 1221 West Adams Avenue is $0 currently.

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