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2575 Lynnwood Street

2575 Lynnwood Street, Las Vegas, NV 89109
Property in Winchester
Sold Mar 03, 2022
$1,164,000
$900,000 by Town & Country Bank
Mortgage
Sold Jul 16, 2018
$300,000
$300,000 by Marcelo G Prata
Mortgage
2575 Lynnwood Street has been categorized by the local assessors in Las Vegas, NV as a residential type of property. The building on the property was first built in 1978 and is 46 years old. The building has a total of 2 stories. The area measurement of the land has been determined as 9,583 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 14 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. The property was last sold in Feb 24, 2022 for $1,164,000. That's $195.17 per sqft. Prior to that sales transaction, the property was also sold in Jun 27, 2018 for $300,000. 2575 Lynnwood Street was last assessed in 2024. The total value of the property was assessed at $137,040. Specifically, the land the property is located on was valued at $49,000. While improvements on the property were assessed at a total of $88,040. 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 $4,243. 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. 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: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Combination
  • Floor Count: 2
  • Living Units: 10
  • Business/Commerical Units Count: 10
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 14
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 5,964
  • Gross Building Area: 5,964
  • Building Area: 5,964
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHERWOOD PARK TRACT #3
  • Land Acres: 0.22
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: SHERWOOD PARK TRACT #3 PLAT BOOK 5 PAGE 89 LOT 11 BLOCK E

Ownership

  • Current Owner : BLUE ELEPHANT LLLP
  • Previous Owner : REDEEMED PROPERTIES LLC
  • Owner Before Previous Owner: PRATA MARCELO G
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 002000

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: 162-010
  • District: WIN
  • Subdivision Tract Number: 3
  • Parcel: 162-10-111-004
  • Block: E
  • Lot: 11
  • Meridian: SEC 10 TWN 21S RNG 61E
  • Municipality: WINCHESTER
  • Latitude: 36.1424
  • Longitude: -115.15

    Address

  • Full Address: 2575 Lynnwood St
  • Address - House Number: 2575
  • Address - Street Name: Lynnwood
  • Address - Suffix Type: St
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C017
  • 4-Digit Zip Code: 1213
  • Zip Code: 89109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,243
  • Tax Rate Code Area: 411

    Appraisal Valuation

  • Standard Deviation: 0.3052
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 38
  • Final Value: 516,560
  • High Value: 674,255
  • Low Value: 358,864

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: TOWN & COUNTRY BANK
  • First Open Lien Mortgage Recording Date: Mar 03, 2022
  • First Open Lien Mortgage Loan Amount: $900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $338,894
  • Market Land Value: $125,000
  • Market Improvement Value: $213,894

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $137,040
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $88,040

    Sales

  • Current Sale Contract Date: Feb 24, 2022
  • Current Sale Recording Date: Mar 03, 2022
  • Current Sale Transaction ID: 11880714833
  • Current Sale Price: $1,164,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 3302
  • Previous Sale Recording Date: Jul 16, 2018
  • Previous Sale Contract Date: Jun 27, 2018
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWN & COUNTRY BANK
  • First Mortgage Transaction Date: Mar 03, 2022
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MARCELO G PRATA
  • Previous Mortgage Transaction Date: Jul 16, 2018
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

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Frequently Asked Questions

What neighborhood is 2575 Lynnwood Street located in?
The 2575 Lynnwood Street is a located in the neighborhood of Winchester in Winchester, Las Vegas.
What is the average sales price for listings in 2575 Lynnwood Street?
The average sales price for units in 2575 Lynnwood Street is $0 currently.

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