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5248 Island Chain Road

5248 Island Chain Road, Las Vegas, NV 89118
Townhouse in Clark
Sold Jun 13, 2023
$611,600
Sold Nov 12, 2020
$270,000
Local assessors in Las Vegas, NV have categorized 5248 Island Chain Road as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 1,742 square feet. The linear feet between the front and back of the lot was measured at 570 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 townhouse 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 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 5248 Island Chain Road has a total of 1,811 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 378 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - C. 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, 5248 Island Chain Road sold most recently in Jun 12, 2023 for a total of $611,600. If you work out the math, that's approximately a cost of $279.40 per sqft. Before that, the property was also sold for $270,000 in Nov 6, 2020. 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 $1,573 in taxes each year. The initial year of tax delinquency occurred in 2022. 5248 Island Chain Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $90,045. If we break it down further, the land itself was valued at $28,350. Improvements to the property, however, were assessed at a total of $61,695. 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.

Building Features

Parking

Assigned Parking
Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • 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: 378
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,742
  • Lot Size Depth Feet: 570
  • Lot Size Frontage Feet: 560
  • Total Building Area: 2,189
  • Gross Building Area: 2,189
  • Building Area: 1,811
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,811
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VILLA PACIFICA-UNIT 3 & 4
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: VILLA PACIFICA-UNIT 3 & 4 PLAT BOOK 61 PAGE 11 LOT 78 BLOCK 27

Ownership

  • Current Owner : BEAUTIFUL RIVER TRUST
  • Previous Owner : COUNTY OF CLARK
  • Owner Before Previous Owner: WARNER HAGGETT MISHA
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 002967

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 163-025
  • District: SPRV
  • Parcel: 163-25-218-060
  • Block: 27
  • Lot: 78
  • Meridian: SEC 25 TWN 21S RNG 60E
  • Municipality: SPRING VALLEY TOWN
  • Latitude: 36.0937
  • Longitude: -115.223

    Address

  • Full Address: 5248 Island Chain Rd
  • Legal Unit: 3,4
  • Address - House Number: 5248
  • Address - Street Name: Island Chain
  • Address - Suffix Type: Rd
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C077
  • 4-Digit Zip Code: 1361
  • Zip Code: 89118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,573
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 417

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 366,343
  • High Value: 426,597
  • Low Value: 306,088

    Market Valuation

  • Market Total Value: $210,766
  • Market Land Value: $63,000
  • Market Improvement Value: $147,766

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $90,045
  • Assessed Land Value: $28,350
  • Assessed Improvements Value: $61,695

    Sales

  • Current Sale Contract Date: Jun 12, 2023
  • Current Sale Recording Date: Jun 13, 2023
  • Current Sale Transaction ID: 11908173059
  • Current Sale Price: $611,600
  • Current Sale Document Type: Public Action - Common in Florida (Clerks Tax Deed or Tax Deeds or property sold for taxes.
  • Current Sale Input Document Number: 2185
  • Previous Sale Recording Date: Nov 12, 2020
  • Previous Sale Contract Date: Nov 06, 2020
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Bargain and Sale Deed

About Spring Valley



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Nearby Rentals

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$1,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,267 ft²
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$1,700 /mo

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$2,000 /mo

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Listing by Liang Hong
Unit for rent at

$1,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,202 ft²
Listing by Yang Zou
Unit for rent at

$1,850 /mo

  • 2 Beds
  • 2 Baths
  • 920 ft²
Listing by Manager
Unit for rent at

$1,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,046 ft²
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Frequently Asked Questions

What neighborhood is 5248 Island Chain Road located in?
The 5248 Island Chain Road is a townhouse located in the neighborhood of Clark in Spring Valley, Las Vegas.
What is the average sales price for listings in 5248 Island Chain Road?
The average sales price for units in 5248 Island Chain Road is $275,000 , or $152/sqft. currently.

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