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7625 Gatewood Terrace Lane

7625 Gatewood Terrace Lane, Las Vegas, NV 89129
Sold Oct 08, 2019
$399,900
Sold Oct 03, 2019
$325,000
Local assessors in Las Vegas, NV have categorized 7625 Gatewood Terrace Lane as a residential type of property. The home was built in 1991 and is 33 years old. The property's lot size has been calculated to be 7,405 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. 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, 3 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 2 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 7625 Gatewood Terrace Lane has a total of 1,945 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 water 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 storm 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 735 sqft. There are 3 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 excellent. 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. 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, 7625 Gatewood Terrace Lane sold most recently in Oct 7, 2019 for a total of $399,900. If you work out the math, that's approximately a cost of $149.22 per sqft. Before that, the property was also sold for $325,000 in Oct 3, 2019. 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 $3,227 in taxes each year. 7625 Gatewood Terrace Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $129,807. If we break it down further, the land itself was valued at $42,700. Improvements to the property, however, were assessed at a total of $87,107. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • 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: 735
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,680
  • Gross Building Area: 2,680
  • Building Area: 1,945
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,945
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DAVE BROWN WEST UNIT 2
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DAVE BROWN WEST UNIT 2 PLAT BOOK 46 PAGE 6 LOT 18 BLOCK 2

Ownership

  • Current Owner : ZIMMERMAN HARLNAD K
  • Current Owner 2: ZIMMERMAN LITA R
  • Previous Owner : ROR BMR PROPERTIES LLC
  • Owner Before Previous Owner: NEON SUNSET LLC
  • Ownership Rights Codes: Revocable Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 003208

Zoning

  • Zoning: L:R-1

Geography

  • Assessors Map Reference: 138-004
  • District: LV
  • Parcel: 138-04-811-036
  • Block: 2
  • Lot: 18
  • Meridian: SEC 04 TWN 20S RNG 60E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.2354
  • Longitude: -115.262

    Address

  • Full Address: 7625 Gatewood Terrace Ln
  • Legal Unit: 2
  • Address - House Number: 7625
  • Address - Street Name: Gatewood Terrace
  • Address - Suffix Type: Ln
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C021
  • 4-Digit Zip Code: 5405
  • Zip Code: 89129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,227
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 520,619
  • High Value: 600,899
  • Low Value: 440,338

    Market Valuation

  • Market Total Value: $318,774
  • Market Land Value: $105,000
  • Market Improvement Value: $213,774

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $129,807
  • Assessed Land Value: $42,700
  • Assessed Improvements Value: $87,107

    Sales

  • Current Sale Contract Date: Oct 07, 2019
  • Current Sale Recording Date: Oct 08, 2019
  • Current Sale Transaction ID: 11659902791
  • Current Sale Price: $399,900
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20191008-0002458
  • Previous Sale Recording Date: Oct 03, 2019
  • Previous Sale Contract Date: Oct 03, 2019
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Bargain and Sale Deed

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Frequently Asked Questions

What neighborhood is 7625 Gatewood Terrace Lane located in?
The 7625 Gatewood Terrace Lane is a house located in the neighborhood of Mountain Shadows in Centennial Hills, Las Vegas.
What is the average sales price for listings in 7625 Gatewood Terrace Lane?
The average sales price for units in 7625 Gatewood Terrace Lane is $0 currently.

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