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7340 Lake Farm Avenue

7340 Lake Farm Avenue, Las Vegas, NV 89131
Property in Centennial Hills
Sold Oct 07, 2003
$440,000
$220,000 by E Trade Mortgage Corp
Mortgage Due Oct 01, 2033
Sold Jul 14, 2000
$374,143
$299,300 by Chase Manhattan Mtg Corp
Mortgage Due Aug 01, 2030
Local assessors in Las Vegas, NV have categorized 7340 Lake Farm Avenue as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 21,344 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 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 3 full bathrooms. There are also 4 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 7340 Lake Farm Avenue has a total of 4,037 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. 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 651 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 average. 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. The property was last sold in Sep 30, 2003 for $440,000. That's $93.86 per sqft. Prior to that sales transaction, the property was also sold in Jul 13, 2000 for $374,143. 7340 Lake Farm Avenue was last assessed in 2024. The total value of the property was assessed at $244,881. Specifically, the land the property is located on was valued at $73,920. While improvements on the property were assessed at a total of $170,961. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,173. 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! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: C
  • 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: 651
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 4,688
  • Gross Building Area: 4,688
  • Building Area: 4,037
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,037
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SALTCREEK
  • Land Acres: 0.49
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SALTCREEK PLAT BOOK 85 PAGE 47 LOT 68 BLOCK 5

Ownership

  • Current Owner : GOULET GEOFFREY G
  • Current Owner 2: GOULET RHONITA
  • Previous Owner : PETERSON KENNETH W
  • Previous Owner 2: PETERSON CAROL J
  • Owner Before Previous Owner: SALT CREEK ASSOCIATES LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 003321

Zoning

  • Zoning: RPD2

Geography

  • Assessors Map Reference: 125-015
  • District: LV
  • Parcel: 125-15-311-069
  • Block: 5
  • Lot: 68
  • Meridian: SEC 15 TWN 19S RNG 60E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.2958
  • Longitude: -115.255

    Address

  • Full Address: 7340 Lake Farm Ave
  • Address - House Number: 7340
  • Address - Street Name: Lake Farm
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C010
  • 4-Digit Zip Code: 3384
  • Zip Code: 89131

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,173
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 869,894
  • High Value: 1,004,654
  • Low Value: 735,134

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: E TRADE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 07, 2003
  • First Open Lien Mortgage Loan Amount: $220,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2033
  • Second Open Lien Mortgage Recording Date: Oct 07, 2003
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2033

    Market Valuation

  • Market Total Value: $571,897
  • Market Land Value: $157,300
  • Market Improvement Value: $414,597

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $244,881
  • Assessed Land Value: $73,920
  • Assessed Improvements Value: $170,961

    Sales

  • Current Sale Contract Date: Sep 30, 2003
  • Current Sale Recording Date: Oct 07, 2003
  • Current Sale Transaction ID: 1116139568
  • Current Sale Price: $440,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Jul 14, 2000
  • Previous Sale Contract Date: Jul 13, 2000
  • Previous Sale Amount: $374,143
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: E TRADE MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 07, 2003
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Oct 01, 2033
  • Second Mortgage Loan Amount: $10,000

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG CORP
  • Previous Mortgage Transaction Date: Jul 14, 2000
  • Previous Mortgage Loan Amount: $299,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2030

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Frequently Asked Questions

What neighborhood is 7340 Lake Farm Avenue located in?
The 7340 Lake Farm Avenue is a located in the neighborhood of Centennial Hills in Centennial Hills, Las Vegas.
What is the average sales price for listings in 7340 Lake Farm Avenue?
The average sales price for units in 7340 Lake Farm Avenue is $0 currently.

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