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4502 Palm Mesa Drive

4502 Palm Mesa Drive, Las Vegas, NV 89120
Property in Clark
Sold Jan 03, 2022
$500,000
$425,000 by Primelending
Mortgage Due Jan 01, 2052
Sold Jul 17, 1998
$175,000
$166,250 by Orange Financial Corp
Mortgage Due Aug 01, 2028
Local assessors in Las Vegas, NV have categorized 4502 Palm Mesa Drive as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 8,276 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 650 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 8 rooms in the home. Of these, 6 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 3 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 4502 Palm Mesa Drive has a total of 3,022 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 441 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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. 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, 4502 Palm Mesa Drive sold most recently in Dec 24, 2021 for a total of $500,000. If you work out the math, that's approximately a cost of $144.38 per sqft. Before that, the property was also sold for $175,000 in Jul 15, 1998. 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 $2,399 in taxes each year. 4502 Palm Mesa Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $129,987. If we break it down further, the land itself was valued at $36,575. Improvements to the property, however, were assessed at a total of $93,412. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Fair
  • 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: 441
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,463
  • Gross Building Area: 3,463
  • Building Area: 3,022
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,022
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PALM MESA SUB
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALM MESA SUB PLAT BOOK 47 PAGE 28 LOT 10 BLOCK C

Ownership

  • Current Owner : JOHNSON PHILIP E
  • Previous Owner : THOMSEN ROBERT L
  • Previous Owner 2: THOMSEN GAYLE M
  • Owner Before Previous Owner: LUNA JOHN R
  • Owner Before Previous Owner 2: LUNA CANDIS J
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 002827

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 161-029
  • District: PAR
  • Parcel: 161-29-311-046
  • Block: C
  • Lot: 10
  • Meridian: SEC 29 TWN 21S RNG 62E
  • Municipality: PARADISE TOWN
  • Latitude: 36.0927
  • Longitude: -115.076

    Address

  • Full Address: 4502 Palm Mesa Dr
  • Address - House Number: 4502
  • Address - Street Name: Palm Mesa
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C062
  • 4-Digit Zip Code: 4242
  • Zip Code: 89120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,399
  • Tax Rate Code Area: 470

    Appraisal Valuation

  • Standard Deviation: 0.1465
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 608,537
  • High Value: 697,726
  • Low Value: 519,348

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $425,000
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Jan 03, 2022
  • First Open Lien Mortgage Loan Amount: $425,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $313,266
  • Market Land Value: $85,000
  • Market Improvement Value: $228,266

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $129,987
  • Assessed Land Value: $36,575
  • Assessed Improvements Value: $93,412

    Sales

  • Current Sale Contract Date: Dec 24, 2021
  • Current Sale Recording Date: Jan 03, 2022
  • Current Sale Transaction ID: 11876460773
  • Current Sale Price: $500,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20220103-0001041
  • Previous Sale Recording Date: Jul 17, 1998
  • Previous Sale Contract Date: Jul 15, 1998
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Jan 03, 2022
  • First Mortgage Loan Amount: $425,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ORANGE FINANCIAL CORP
  • Previous Mortgage Transaction Date: Jul 17, 1998
  • Previous Mortgage Loan Amount: $166,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2028

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Frequently Asked Questions

What neighborhood is 4502 Palm Mesa Drive located in?
The 4502 Palm Mesa Drive is a located in the neighborhood of Clark in Paradise, Las Vegas.
What is the average sales price for listings in 4502 Palm Mesa Drive?
The average sales price for units in 4502 Palm Mesa Drive is $0 currently.

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