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2925 Lotus Hill Drive

2925 Lotus Hill Drive, Las Vegas, NV 89134
Sold Apr 30, 2020
$335,000
$240,000 by Guild Mortgage Co
Mortgage Due May 01, 2050
Local assessors in Las Vegas, NV have categorized 2925 Lotus Hill Drive as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 7,405 square feet. The linear feet between the front and back of the lot was measured at 1,020 ft and the front of the lot was measured at 720 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, 2 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 2 partial bathrooms. 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 2925 Lotus Hill Drive has a total of 1,804 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 564 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 - C. 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. 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, 2925 Lotus Hill Drive sold most recently in Apr 29, 2020 for a total of $335,000. If you work out the math, that's approximately a cost of $141.47 per sqft. 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 $2,944 in taxes each year. 2925 Lotus Hill Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $106,915. If we break it down further, the land itself was valued at $41,300. Improvements to the property, however, were assessed at a total of $65,615. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 564
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 720
  • Total Building Area: 2,368
  • Gross Building Area: 2,368
  • Building Area: 1,804
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,804
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SUN CITY LAS VEGAS-UNIT #29
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUN CITY LAS VEGAS-UNIT #29 PLAT BOOK 51 PAGE 7 LOT 23 BLOCK 2

Ownership

  • Current Owner : VAVRA SUSAN
  • Previous Owner : MCCAULEY LINDA A
  • Previous Owner 2: THE ROSALIE A CUSIMANO TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 003211

Zoning

  • Zoning: L:P-C

Geography

  • Assessors Map Reference: 138-018
  • District: LV
  • Parcel: 138-18-212-001
  • Block: 2
  • Lot: 23
  • Meridian: SEC 18 TWN 20S RNG 60E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.2148
  • Longitude: -115.307

    Address

  • Full Address: 2925 Lotus Hill Dr
  • Legal Unit: 29
  • Address - House Number: 2925
  • Address - Street Name: Lotus Hill
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C089
  • 4-Digit Zip Code: 8969
  • Zip Code: 89134

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,944
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 473,617
  • High Value: 545,685
  • Low Value: 401,550

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Apr 30, 2020
  • First Open Lien Mortgage Loan Amount: $240,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $248,451
  • Market Land Value: $87,000
  • Market Improvement Value: $161,451

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $106,915
  • Assessed Land Value: $41,300
  • Assessed Improvements Value: $65,615

    Sales

  • Current Sale Contract Date: Apr 29, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Transaction ID: 11757805440
  • Current Sale Price: $335,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20200430-0001467

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Frequently Asked Questions

What neighborhood is 2925 Lotus Hill Drive located in?
The 2925 Lotus Hill Drive is a house located in the neighborhood of Sun City Summerlin in Summerlin, Las Vegas.
What is the average sales price for listings in 2925 Lotus Hill Drive?
The average sales price for units in 2925 Lotus Hill Drive is $0 currently.

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