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516 North Wallace Drive

516 North Wallace Drive, Las Vegas, NV 89107
Property in Pittman
Sold Nov 03, 2014
$220,000
$125,000 by United Wholesale Mortgage
Mortgage Due May 01, 2030
Sold Jun 26, 2014
$163,000
516 North Wallace Drive in Las Vegas, NV was first built in 1965 and is 59 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 conventional style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 516 North Wallace Drive has 1,642 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 600 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 6,098 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a storm sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed in this manner. 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 D. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 516 North Wallace Drive was last sold in Oct 30, 2014 for $220,000. According to our calculations, that's $133.98 per sqft. Prior to that sales transaction, the property was sold for $163,000 in Jun 23, 2014. Current property owners are expected to pay $1,209 in taxes per year. The property on 516 North Wallace Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $56,379. To break that down further, the land itself was valued at $29,750. While improvements to the property were assessed at a total of $26,629. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,642
  • Gross Building Area: 1,642
  • Building Area: 1,642
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,642
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CHARLESTON HGTS TRACT #29B
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHARLESTON HGTS TRACT #29B PLAT BOOK 9 PAGE 33 LOT 139 BLOCK 1

Ownership

  • Current Owner : RUBALCABA JOSE ANTONIO RUIZ ESPARZA
  • Previous Owner : 4D MANAGEMENT HOLDINGS INC
  • Owner Before Previous Owner: ZEP INVESTMENT GROUP INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 003102

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 138-026
  • District: LV
  • Subdivision Tract Number: 29B
  • Parcel: 138-26-712-037
  • Block: 1
  • Lot: 139
  • Meridian: SEC 26 TWN 20S RNG 60E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.1784
  • Longitude: -115.226

    Address

  • Full Address: 516 N Wallace Dr
  • Address - House Number: 516
  • Street Direction: N
  • Address - Street Name: Wallace
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C084
  • 4-Digit Zip Code: 1392
  • Zip Code: 89107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,209
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 397,139
  • High Value: 459,051
  • Low Value: 335,226

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Loan Amount: $125,000
  • First Open Lien Mortgage Term: 108
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2030

    Market Valuation

  • Market Total Value: $136,349
  • Market Land Value: $75,000
  • Market Improvement Value: $61,349

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $56,379
  • Assessed Land Value: $29,750
  • Assessed Improvements Value: $26,629

    Sales

  • Current Sale Contract Date: Oct 30, 2014
  • Current Sale Recording Date: Nov 03, 2014
  • Current Sale Transaction ID: 1190109274
  • Current Sale Price: $220,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 201411030000028
  • Previous Sale Recording Date: Jun 26, 2014
  • Previous Sale Contract Date: Jun 23, 2014
  • Previous Sale Amount: $163,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: 4D MANAGEMENT HOLDINGS INC
  • First Mortgage Transaction Date: Nov 03, 2014
  • First Mortgage Loan Amount: $194,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

About Pittman



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Frequently Asked Questions

What neighborhood is 516 North Wallace Drive located in?
The 516 North Wallace Drive is a located in the neighborhood of Pittman in Pittman, Las Vegas.
What is the average sales price for listings in 516 North Wallace Drive?
The average sales price for units in 516 North Wallace Drive is $0 currently.

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