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5042 Royal Drive

5042 Royal Drive, Las Vegas, NV 89103
Property in Royal Ridge
Sold May 22, 2019
$168,000
$162,393 by Axia Financial Llc
Mortgage Due Jun 01, 2049
Sold Oct 29, 2018
$36,003
5042 Royal Drive in Las Vegas, NV was first built in 2002 and is 22 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a prefab, modular style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5042 Royal Drive has 1,620 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 520 ft and the linear feet between the front and back of the lot is 800. In total, the area measurement of the land is 3,920 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. For those who need parking, there is a carport. The garage is 660 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. 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, 5042 Royal Drive sold most recently in May 20, 2019 for a total of $168,000. If you work out the math, that's approximately a cost of $103.70 per sqft. Before that, the property was also sold for $36,003 in Oct 22, 2018. 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 $923 in taxes each year. 5042 Royal Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $64,958. If we break it down further, the land itself was valued at $22,050. Improvements to the property, however, were assessed at a total of $42,908. 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

Exterior

Masonite Siding

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Prefab, Modular
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 660
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,620
  • Gross Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,620
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROYAL RIDGE MOBILE HOME PARK AKA DECATUR
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Mobile Home Indicator: T
  • Legal Description 1: ROYAL RIDGE MOBILE HOME PARK AKA DECATUR GARDENS PLAT BOOK 19 PAGE 22 LOT 9 BLOCK 9

Ownership

  • Current Owner : DOWNS ALAN S
  • Current Owner 2: BROOKS DOWNS GAYLE C
  • Previous Owner : COLBERT MICHAEL D
  • Owner Before Previous Owner: NEVADA TRUST DEED SERVICES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 002965

Zoning

  • Zoning: C:R-T

Geography

  • Assessors Map Reference: 163-024
  • District: SPRV
  • Parcel: 163-24-711-176
  • Block: 9
  • Lot: 9
  • Meridian: SEC 24 TWN 21S RNG 60E
  • Municipality: SPRING VALLEY TOWN
  • Latitude: 36.1054
  • Longitude: -115.21

    Address

  • Full Address: 5042 Royal Dr
  • Address - House Number: 5042
  • Address - Street Name: Royal
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C063
  • 4-Digit Zip Code: 5015
  • Zip Code: 89103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $923
  • Tax Rate Code Area: 417

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 329,405
  • High Value: 384,877
  • Low Value: 273,932

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,393
  • First Open Lien Mortgage Lender: AXIA FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: May 22, 2019
  • First Open Lien Mortgage Loan Amount: $162,393
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $142,663
  • Market Land Value: $40,000
  • Market Improvement Value: $102,663

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $64,958
  • Assessed Land Value: $22,050
  • Assessed Improvements Value: $42,908

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: May 22, 2019
  • Current Sale Transaction ID: 11608901143
  • Current Sale Price: $168,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20190522-0001529
  • Previous Sale Recording Date: Oct 29, 2018
  • Previous Sale Contract Date: Oct 22, 2018
  • Previous Sale Amount: $36,003
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: AXIA FINANCIAL LLC
  • First Mortgage Transaction Date: May 22, 2019
  • First Mortgage Loan Amount: $162,393
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2049

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Frequently Asked Questions

What neighborhood is 5042 Royal Drive located in?
The 5042 Royal Drive is a other located in the neighborhood of Royal Ridge in Bella Vita, Las Vegas.
What is the average sales price for listings in 5042 Royal Drive?
The average sales price for units in 5042 Royal Drive is $0 currently.

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