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701 McDermit Street

701 McDermit Street, Las Vegas, NV 89107
Sold Apr 18, 2022
$379,999
$980,000 by State Bank
Mortgage
Sold Jan 10, 2022
$278,000
$318,363 by Mkfi Nv Llc
Mortgage
701 McDermit Street in Las Vegas, NV was first built in 1962 and is 62 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 701 McDermit Street has 1,396 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 680 ft and the linear feet between the front and back of the lot is 1,030. In total, the area measurement of the land is 6,970 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of wood shake/ shingles. 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. For those who need parking, there is a attached garage. The garage is 437 sqft. There are a total of 2 available parking spaces. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 1, 2022 for $379,999. That's $207.31 per sqft. Prior to that sales transaction, the property was also sold in Jan 6, 2022 for $278,000. 701 McDermit Street was last assessed in 2024. The total value of the property was assessed at $52,681. Specifically, the land the property is located on was valued at $32,200. While improvements on the property were assessed at a total of $20,481. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $740. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 437
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,833
  • Gross Building Area: 1,833
  • Building Area: 1,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,396
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FREMONT EST UNIT #1
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FREMONT EST UNIT #1 PLAT BOOK 6 PAGE 9 LOT 90 BLOCK 4

Ownership

  • Current Owner : STANLEY RICKY LEE
  • Previous Owner : ALPHA INVESTMENT GROUP
  • Owner Before Previous Owner: MALLORY MICHAELS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 000109

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 138-025
  • Parcel: 138-25-712-033
  • Block: 4
  • Lot: 90
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.1797
  • Longitude: -115.213

    Address

  • Full Address: 701 Mcdermit St
  • Address - House Number: 701
  • Address - Street Name: Mcdermit
  • Address - Suffix Type: St
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C063
  • 4-Digit Zip Code: 1759
  • Zip Code: 89107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $740
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 334,884
  • High Value: 391,996
  • Low Value: 277,773

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $980,000
  • First Open Lien Mortgage Lender: STATE BANK
  • First Open Lien Mortgage Recording Date: Apr 18, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $980,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $52,681
  • Assessed Land Value: $32,200
  • Assessed Improvements Value: $20,481

    Sales

  • Current Sale Contract Date: Apr 01, 2022
  • Current Sale Recording Date: Apr 18, 2022
  • Current Sale Transaction ID: 11885111496
  • Current Sale Price: $379,999
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2341
  • Previous Sale Recording Date: Jan 10, 2022
  • Previous Sale Contract Date: Jan 06, 2022
  • Previous Sale Amount: $278,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE BANK
  • First Mortgage Transaction Date: Apr 18, 2022
  • First Mortgage Loan Amount: $980,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MKFI NV LLC
  • Previous Mortgage Transaction Date: Jan 10, 2022
  • Previous Mortgage Loan Amount: $318,363

About Fremont Estates



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Frequently Asked Questions

What neighborhood is 701 McDermit Street located in?
The 701 McDermit Street is a house located in the neighborhood of Fremont Estates in Fremont Estates, Las Vegas.
What is the average sales price for listings in 701 McDermit Street?
The average sales price for units in 701 McDermit Street is $0 currently.

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