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5224 Velazco Lane

5224 Velazco Lane, Las Vegas, NV 89130
Sold Oct 22, 2018
$263,500
$207,200 by Citibank Na
Mortgage Due Mar 01, 2051
Sold Apr 24, 2001
$140,000
$112,000 by Chase Manhattan Mtg Corp
Mortgage Due May 01, 2031
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Local assessors in Las Vegas, NV have categorized 5224 Velazco Lane 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 6,098 square feet. The linear feet between the front and back of the lot was measured at 1,090 ft and the front of the lot was measured at 560 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, 3 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 5224 Velazco Lane has a total of 1,486 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 418 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 - 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, 5224 Velazco Lane sold most recently in Oct 12, 2018 for a total of $263,500. If you work out the math, that's approximately a cost of $138.39 per sqft. Before that, the property was also sold for $140,000 in Apr 24, 2001. 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 $1,689 in taxes each year. 5224 Velazco Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $83,186. If we break it down further, the land itself was valued at $34,650. Improvements to the property, however, were assessed at a total of $48,536. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Excellent
  • Building Quality: D
  • 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: 418
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,904
  • Gross Building Area: 1,904
  • Building Area: 1,486
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,486
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RANCHO ALTA MIRA-UNIT 3B
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RANCHO ALTA MIRA-UNIT 3B PLAT BOOK 52 PAGE 22 LOT 34 BLOCK 1

Ownership

  • Current Owner : CADENA VAZQUEZ MICHAEL D
  • Current Owner 2: CADENA VAZQUEZ PATRICIA I
  • Previous Owner : REGINATTO JOSEPH A
  • Previous Owner 2: REGINATTO CINDY L
  • Owner Before Previous Owner: TOBLER BRYAN L
  • Owner Before Previous Owner 2: TOBLER PATRICIA A
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 003410

Zoning

  • Zoning: RPD7

Geography

  • Assessors Map Reference: 138-001
  • District: LV
  • Parcel: 138-01-613-007
  • Block: 1
  • Lot: 34
  • Meridian: SEC 01 TWN 20S RNG 60E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.2409
  • Longitude: -115.214

    Address

  • Full Address: 5224 Velazco Ln
  • Legal Unit: 3
  • Address - House Number: 5224
  • Address - Street Name: Velazco
  • Address - Suffix Type: Ln
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C033
  • 4-Digit Zip Code: 5217
  • Zip Code: 89130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,689
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 391,503
  • High Value: 452,742
  • Low Value: 330,265

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $207,200
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Feb 05, 2021
  • First Open Lien Mortgage Loan Amount: $207,200
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $194,923
  • Market Land Value: $76,000
  • Market Improvement Value: $118,923

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $83,186
  • Assessed Land Value: $34,650
  • Assessed Improvements Value: $48,536

    Sales

  • Current Sale Contract Date: Oct 12, 2018
  • Current Sale Recording Date: Oct 22, 2018
  • Current Sale Transaction ID: 11523312616
  • Current Sale Price: $263,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20181022-0000972
  • Previous Sale Recording Date: Apr 24, 2001
  • Previous Sale Contract Date: Apr 24, 2001
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Oct 22, 2018
  • First Mortgage Loan Amount: $210,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG CORP
  • Previous Mortgage Transaction Date: Apr 24, 2001
  • Previous Mortgage Loan Amount: $112,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2031

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Frequently Asked Questions

What neighborhood is 5224 Velazco Lane located in?
The 5224 Velazco Lane is a house located in the neighborhood of Centennial Hills in Centennial Hills, Las Vegas.
What is the average sales price for listings in 5224 Velazco Lane?
The average sales price for units in 5224 Velazco Lane is $0 currently.

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