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1605 Olive Palm Circle

1605 Olive Palm Circle, Las Vegas, NV 89108
House in Summerlin
Sold Mar 10, 2020
$279,900
Sold May 06, 2004
$242,000
Buyer
Seller
$193,600 by American Home Mortgage Corp
Mortgage Due May 01, 2034
Local assessors in Las Vegas, NV have categorized 1605 Olive Palm Circle as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 3,920 square feet. The linear feet between the front and back of the lot was measured at 820 ft and the front of the lot was measured at 470 ft. 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 6 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 1605 Olive Palm Circle has a total of 1,858 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. 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 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 excellent. 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 Mar 9, 2020 for $279,900. That's $122.87 per sqft. Prior to that sales transaction, the property was also sold in Apr 22, 2004 for $242,000. 1605 Olive Palm Circle was last assessed in 2024. The total value of the property was assessed at $83,997. Specifically, the land the property is located on was valued at $31,150. While improvements on the property were assessed at a total of $52,847. 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 $1,861. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Parking

Open Parking
Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Excellent
  • 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: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 820
  • Lot Size Frontage Feet: 470
  • Total Building Area: 2,278
  • Gross Building Area: 2,278
  • Building Area: 1,858
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,858
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DESERT PALMS-UNIT #2
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DESERT PALMS-UNIT #2 PLAT BOOK 43 PAGE 80 LOT 22 BLOCK 3

Ownership

  • Current Owner : CHIANG IVANA
  • Current Owner 2: CHIANG IVINE
  • Previous Owner : NELSON TIARA
  • Owner Before Previous Owner: IRVIN FRANK

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 003421

Zoning

  • Zoning: L:R-CL

Geography

  • Assessors Map Reference: 138-022
  • District: LV
  • Parcel: 138-22-414-019
  • Block: 3
  • Lot: 22
  • Meridian: SEC 22 TWN 20S RNG 60E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.1891
  • Longitude: -115.255

    Address

  • Full Address: 1605 Olive Palm Cir
  • Legal Unit: 2
  • Address - House Number: 1605
  • Address - Street Name: Olive Palm
  • Address - Suffix Type: Cir
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C036
  • 4-Digit Zip Code: 3241
  • Zip Code: 89128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,861
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 421,045
  • High Value: 490,350
  • Low Value: 351,741

    Market Valuation

  • Market Total Value: $203,300
  • Market Land Value: $73,000
  • Market Improvement Value: $130,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $83,997
  • Assessed Land Value: $31,150
  • Assessed Improvements Value: $52,847

    Sales

  • Current Sale Contract Date: Mar 09, 2020
  • Current Sale Recording Date: Mar 10, 2020
  • Current Sale Transaction ID: 11746001457
  • Current Sale Price: $279,900
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20200310-0003130
  • Previous Sale Recording Date: May 06, 2004
  • Previous Sale Contract Date: Apr 22, 2004
  • Previous Sale Amount: $242,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Mar 10, 2020
  • First Mortgage Loan Amount: $271,503
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN HOME MORTGAGE CORP
  • Previous Mortgage Transaction Date: May 06, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $193,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2034

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Frequently Asked Questions

What neighborhood is 1605 Olive Palm Circle located in?
The 1605 Olive Palm Circle is a house located in the neighborhood of Summerlin in Summerlin, Las Vegas.
What is the average sales price for listings in 1605 Olive Palm Circle?
The average sales price for units in 1605 Olive Palm Circle is $0 currently.

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