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616 Palmhurst Drive

616 Palmhurst Drive, Las Vegas, NV 89145
Sold Jan 21, 2020
$241,000
$144,600 by Gold Star Mortgage Financial G
Mortgage Due Feb 01, 2050
Sold Dec 16, 1997
$97,000
$94,050 by Citibank
Mortgage Due Jan 01, 2028
616 Palmhurst Drive 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 1972 and is 52 years old. However, we must point out that the home was most recently renovated and altered in 1979. The home has a total of 7 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 616 Palmhurst Drive has 1,392 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 1,000 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 6,970 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 525 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 average. 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 composition shingle. 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. 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, 616 Palmhurst Drive sold most recently in Jan 17, 2020 for a total of $241,000. If you work out the math, that's approximately a cost of $125.72 per sqft. Before that, the property was also sold for $97,000 in Nov 17, 1997. 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 $1,481 in taxes each year. 616 Palmhurst Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $61,429. If we break it down further, the land itself was valued at $36,050. Improvements to the property, however, were assessed at a total of $25,379. 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

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

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • 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
  • Garage Type: Attached
  • Garage Square Area: 525
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,917
  • Gross Building Area: 1,917
  • Building Area: 1,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CHARLESTON RAINBOW UNIT #09F
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHARLESTON RAINBOW UNIT #09F PLAT BOOK 13 PAGE 68 LOT 21 BLOCK 10

Ownership

  • Current Owner : LACOSTE ARTHUR J
  • Previous Owner : SCHIERBER THOMAS
  • Owner Before Previous Owner: BENEDICT PAUL E
  • Owner Before Previous Owner 2: BENEDICT MARILYN E

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 003006

Zoning

  • Zoning: L:R-1

Geography

  • Assessors Map Reference: 138-034
  • District: LV
  • Parcel: 138-34-313-089
  • Block: 10
  • Lot: 21
  • Meridian: SEC 34 TWN 20S RNG 60E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.1651
  • Longitude: -115.253

    Address

  • Full Address: 616 Palmhurst Dr
  • Legal Unit: 09
  • Address - House Number: 616
  • Address - Street Name: Palmhurst
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C045
  • 4-Digit Zip Code: 6172
  • Zip Code: 89145

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,481
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 360,296
  • High Value: 420,597
  • Low Value: 299,995

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,600
  • First Open Lien Mortgage Lender: GOLD STAR MORTGAGE FINANCIAL G
  • First Open Lien Mortgage Recording Date: Jan 21, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $144,600
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $147,420
  • Market Land Value: $83,000
  • Market Improvement Value: $64,420

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $61,429
  • Assessed Land Value: $36,050
  • Assessed Improvements Value: $25,379

    Sales

  • Current Sale Contract Date: Jan 17, 2020
  • Current Sale Recording Date: Jan 21, 2020
  • Current Sale Transaction ID: 11719746892
  • Current Sale Price: $241,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20200121-0002489
  • Previous Sale Recording Date: Dec 16, 1997
  • Previous Sale Contract Date: Nov 17, 1997
  • Previous Sale Amount: $97,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLD STAR MORTGAGE FINANCIAL G
  • First Mortgage Transaction Date: Jan 21, 2020
  • First Mortgage Loan Amount: $144,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK
  • Previous Mortgage Transaction Date: Dec 16, 1997
  • Previous Mortgage Loan Amount: $94,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2028

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Frequently Asked Questions

What neighborhood is 616 Palmhurst Drive located in?
The 616 Palmhurst Drive is a house located in the neighborhood of Charleston Preservation West in Summerlin, Las Vegas.
What is the average sales price for listings in 616 Palmhurst Drive?
The average sales price for units in 616 Palmhurst Drive is $0 currently.

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