When was property at 4553 North Rancho Drive built and last sold?

The property at 4553 North Rancho Drive was built in 2008 and last sold on Sep 17, 2020 for $1,500,000.

How much is this home worth?

The estimated value of the home located at 4553 North Rancho Drive is $403,899.

What are some comparable homes to 4553 North Rancho Drive?

There are currently no comparable homes to 4553 North Rancho Drive.

Las Vegas

89108

Centennial Hills

4553 Rancho

1 / 18

Map

$505,800*

● Land - Off Market

4553 Rancho

Las Vegas, NV 89108

Studio

0 Bath

$360,000 - $438,000

Reference Base Price*

26.48%

Since Apr 1, 2021

NV-Las Vegas

Primary Model

Sold Sep 18, 2020

$1,500,000

Arbis Aaa Llc

Buyer

Rancho Reflections Llc

Seller

$1,000,000 by Valley Bank Of Nevada

Mortgage

Sold Jan 31, 2006

$1,074,763

Rancho Reflections Llc

Buyer

Tass C & Lois I Hardin Revocable Family

Seller

$812,500 by Us Bank Na

Mortgage

About This Property

**TURN-KEY** 1.18 ACRES ZONED C-2. ALL UTILITIES ON PROPERTY (power, water, sewer, Cox Cable) and GRADED. Drainage studies completed. Curb and gutter complete. Corner lot with amazing street exposure. Billboard providing income opportunity is one of the very few grandfathered in and allowed by the city. Under 2 miles to I-95. Small portions of asphalt used for car parking can be easily removed at low cost. Heavy traffic area (over 25k cars/day).

Unit Size

Days on Market

Land Size

1.18 acres

Price per sqft

Property Type

Land

Property Taxes

$2,441

HOA Dues

Year Built

2008

Price History

Date / Event	Date	Event
Mar 15, 2021	No longer available	-
No longer available
Mar 3, 2021	Relisted	$1,500,000
Relisted
Mar 2, 2021	No longer available	-
No longer available
Nov 8, 2020	Relisted	$1,500,000
Relisted
Nov 7, 2020	No longer available	-
No longer available
Sep 18, 2020	Sold	$1,500,000
Sold
Sep 1, 2020	Relisted	$399,900
Relisted
Jun 30, 2020	In contract	-
In contract
Mar 9, 2020	Price Decreased	$399,900 ↓ $100K (20%)
Price Decreased
Jan 29, 2020	Price Decreased	$499,900 ↓ $50K (9.1%)
Price Decreased
Dec 22, 2019	Listed	$549,900
Listed

Property Highlights

Building Info

Overview

General

Year Built: 2008

Effective Year Built: 2008
Building Count: 1
Bedroom Count: 0
Construction Type: Wood
Exterior Walls Type: Combination
Floor Count: 1
Basement Area: 0
Garage Type: Garage
Parking Space Count: 50

Dimensions

Lot Size Square Feet: 51,401

Total Building Area: 6,162
Gross Building Area: 6,162
Building Area: 6,162
Building Area Measurement: Gross Area

Heating and Cooling

Air Conditioning: unknown

Heating: unknown
Heated Square Feet: 6,162
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: unknown

Building

Building Type: Specialized buildings

Property Class: Commercial
Subdivision: PARCEL MAP FILE 111 PAGE 12
Land Acres: 1.18
Standard Land Use Code: Auto repair, auto parts, garage
Legal Description 1: PARCEL MAP FILE 111 PAGE 12 LOT 2-2

Ownership

Current Owner : ARBIS AAA LLC

Previous Owner : RANCHO REFLECTIONS LLC
Owner Before Previous Owner: TASS C & LOIS I HARDIN REVOCABLE FAMILY
Current Owner Is a Corporation Indicator: Yes

Neighborhood

School District Name: Clark County School District

Census Tract: 003409

Zoning

Zoning: C2

Geography

Assessors Map Reference: 138-002

District: LV
Parcel: 138-02-202-016
Lot: 2
Meridian: SEC 02 TWN 20S RNG 60E
Municipality: LAS VEGAS CITY
Latitude: 36.2432
Longitude: -115.237

Address

Full Address: 4553 N Rancho Dr

Address - House Number: 4553
Street Direction: N
Address - Street Name: Rancho
Address - Suffix Type: Dr
State: NV
City Name: Las Vegas
Carrier Code: C008
4-Digit Zip Code: 3403
Zip Code: 89130

Valuation

Tax

Tax Year: 2023

Tax Amount: $11,793
Tax Rate Code Area: 200

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $1,000,000
First Open Lien Mortgage Lender: VALLEY BANK OF NEVADA
First Open Lien Mortgage Recording Date: Sep 18, 2020
First Open Lien Mortgage Loan Amount: $1,000,000
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

Market Valuation

Market Total Value: $963,415

Market Land Value: $436,909
Market Improvement Value: $526,506

Assessments Valuation

Assessed Year: 2024

Assessed Total Value: $440,809
Assessed Land Value: $215,884
Assessed Improvements Value: $224,925

Sales

Current Sale Contract Date: Sep 17, 2020

Current Sale Recording Date: Sep 18, 2020
Current Sale Transaction ID: 11789359166
Current Sale Price: $1,500,000
Current Sale Document Type: Bargain and Sale Deed
Current Sale Input Document Number: 20200918-0001581
Previous Sale Recording Date: Jan 31, 2006
Previous Sale Contract Date: Jan 27, 2006
Previous Sale Amount: $1,074,763
Previous Sale Document Type: Bargain and Sale Deed

Last Sale Mortgage

First Mortgage Lender: VALLEY BANK OF NEVADA

First Mortgage Transaction Date: Sep 18, 2020
First Mortgage Loan Amount: $1,000,000
First Mortgage Terms: 360
First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

Previous Mortgages

Previous Mortgage Lender: US BANK NA

Previous Mortgage Transaction Date: Jan 31, 2006
Previous Mortgage Loan Amount: $812,500
Previous Mortgage Term: 360
Previous Mortgage Loan Type: Purchase Money Mortgage

Redact Ownership Info

Comparables

About Centennial Hills

Stats & Trends

Median Asking:

$469,900

Sale Price/ft²

$245

Below Asking

0.01%

Average Days on Market

Average Home Size

111 ft²

Average Home Age

19.3 years

Currently For Sale

481 Listings

Similar Homes for Sale

Currently no similar homes around

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Unit for rent at 4079 North Rancho Drive, LAS VEGAS, NV, 89130

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845 ft²

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4553 Rancho

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Centennial Hills

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions