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7229 Palatial Avenue

7229 Palatial Avenue, Las Vegas, NV 89130
Property in Grand Entries
Sold Jun 28, 1996
$142,000
$199,700 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2051
Local assessors in Las Vegas, NV have categorized 7229 Palatial Avenue as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 4,792 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 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 7229 Palatial Avenue has a total of 1,865 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 municipal 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 municipal 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 420 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7229 Palatial Avenue was last sold in Jun 27, 1996 for $142,000. According to our calculations, that's $62.14 per sqft. Current property owners are expected to pay $1,751 in taxes per year. The property on 7229 Palatial Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $110,822. To break that down further, the land itself was valued at $32,900. While improvements to the property were assessed at a total of $77,922. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • 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: 420
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 2,285
  • Gross Building Area: 2,285
  • Building Area: 1,865
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,865
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GRAND ENTRIES-PHASE 7
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRAND ENTRIES-PHASE 7 PLAT BOOK 70 PAGE 88 LOT 366 BLOCK 12

Ownership

  • Current Owner : CAMPO THOMAS
  • Previous Owner : FRIDAY ESTATES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

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: 7
  • Parcel: 125-27-715-055
  • Block: 12
  • Lot: 366
  • Meridian: SEC 27 TWN 19S RNG 60E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.2692
  • Longitude: -115.251

    Address

  • Full Address: 7229 Palatial Ave
  • Address - House Number: 7229
  • Address - Street Name: Palatial
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C068
  • 4-Digit Zip Code: 4920
  • Zip Code: 89130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,751
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.069
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 435,151
  • High Value: 465,186
  • Low Value: 405,117

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,700
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 15, 2021
  • First Open Lien Mortgage Loan Amount: $199,700
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $260,794
  • Market Land Value: $71,000
  • Market Improvement Value: $189,794

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $110,822
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $77,922

    Sales

  • Current Sale Contract Date: Jun 27, 1996
  • Current Sale Recording Date: Jun 28, 1996
  • Current Sale Transaction ID: 1189968237
  • Current Sale Price: $142,000
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MICAL MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 28, 1996
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2026

About Centennial Hills



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Frequently Asked Questions

What neighborhood is 7229 Palatial Avenue located in?
The 7229 Palatial Avenue is a located in the neighborhood of Grand Entries in Centennial Hills, Las Vegas.
What is the average sales price for listings in 7229 Palatial Avenue?
The average sales price for units in 7229 Palatial Avenue is $0 currently.

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