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5701 Royal Castle Lane

5701 Royal Castle Lane, Las Vegas, NV 89130
Property in Grand Entries
Sold Apr 20, 1994
$121,500
$450,000 by Financial Freedom Senior Fundi
Mortgage
5701 Royal Castle Lane has been categorized by the local assessors in Las Vegas, NV as a residential type of property. The building on the property was first built in 1994 and is 30 years old. The home has a total of 8 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5701 Royal Castle Lane has 1,987 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 950 ft and across the front of the lot is 540 ft. The area measurement of the land has been determined as 5,227 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of concrete. The exterior walls of the building are made of a combination of material. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. 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, 5701 Royal Castle Lane sold most recently in Apr 14, 1994 for a total of $121,500. If you work out the math, that's approximately a cost of $50.06 per sqft. 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 $1,501 in taxes each year. 5701 Royal Castle Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $97,683. If we break it down further, the land itself was valued at $34,545. Improvements to the property, however, were assessed at a total of $63,138. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Excellent
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Bi-level
  • 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: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 540
  • Total Building Area: 2,427
  • Gross Building Area: 2,427
  • Building Area: 1,987
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,987
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GRAND ENTRIES PHASE 2
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRAND ENTRIES PHASE 2 PLAT BOOK 58 PAGE 46 LOT 266 BLOCK 6

Ownership

  • Current Owner : GALANG JOHNNY L
  • Current Owner 2: GALANG ROSALINE S
  • Previous Owner : STANPARK CONSTRUCTION COMPANY INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 003303

Zoning

  • Zoning: RCL

Geography

  • Assessors Map Reference: 125-027
  • District: LV
  • Subdivision Phase Number: 2
  • Parcel: 125-27-811-032
  • Block: 6
  • Lot: 266
  • Meridian: SEC 27 TWN 19S RNG 60E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.2651
  • Longitude: -115.249

    Address

  • Full Address: 5701 Royal Castle Ln
  • Address - House Number: 5701
  • Address - Street Name: Royal Castle
  • Address - Suffix Type: Ln
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C068
  • 4-Digit Zip Code: 1150
  • Zip Code: 89130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,501
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1465
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 449,092
  • High Value: 514,912
  • Low Value: 383,272

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: FINANCIAL FREEDOM SENIOR FUNDI
  • First Open Lien Mortgage Recording Date: Oct 03, 2007
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $450,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Market Valuation

  • Market Total Value: $229,277
  • Market Land Value: $74,551
  • Market Improvement Value: $154,726

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $97,683
  • Assessed Land Value: $34,545
  • Assessed Improvements Value: $63,138

    Sales

  • Current Sale Contract Date: Apr 14, 1994
  • Current Sale Recording Date: Apr 20, 1994
  • Current Sale Transaction ID: 1104221256
  • Current Sale Price: $121,500
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC SVGS BANK
  • First Mortgage Transaction Date: Apr 20, 1994
  • First Mortgage Loan Amount: $84,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2024

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Frequently Asked Questions

What neighborhood is 5701 Royal Castle Lane located in?
The 5701 Royal Castle Lane is a located in the neighborhood of Grand Entries in Centennial Hills, Las Vegas.
What is the average sales price for listings in 5701 Royal Castle Lane?
The average sales price for units in 5701 Royal Castle Lane is $0 currently.

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