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227 Palm Trace Avenue

227 Palm Trace Avenue, Las Vegas, NV 89148
Property in Rhodes Ranch
Sold Oct 25, 2022
$725,000
Sold Oct 14, 2020
$545,000
Seller
$426,400 by Everett Financial Inc
Mortgage Due Nov 01, 2050
227 Palm Trace Avenue in Las Vegas, NV was first built in 1999 and is 25 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 bi-level style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 227 Palm Trace Avenue has 2,953 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. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of concrete. For those who need parking, there is a attached garage. The garage is 548 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 C. 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. 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, 227 Palm Trace Avenue sold most recently in Oct 24, 2022 for a total of $725,000. If you work out the math, that's approximately a cost of $207.08 per sqft. Before that, the property was also sold for $545,000 in Oct 13, 2020. 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 $4,688 in taxes each year. 227 Palm Trace Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $177,977. If we break it down further, the land itself was valued at $50,313. Improvements to the property, however, were assessed at a total of $127,664. 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. 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!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

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

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 548
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 3,501
  • Gross Building Area: 3,501
  • Building Area: 2,953
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,953
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RHODES RANCH-PHASE 3
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RHODES RANCH-PHASE 3 PLAT BOOK 84 PAGE 68 LOT 101 BLOCK 5

Ownership

  • Current Owner : LU QIAOFEI
  • Current Owner 2: LI XINHAO
  • Previous Owner : PICASSO RYA I
  • Owner Before Previous Owner: HASON ASAF
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 005856

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 176-008
  • District: SPRV
  • Subdivision Phase Number: 3
  • Parcel: 176-08-810-081
  • Block: 5
  • Lot: 101
  • Meridian: SEC 08 TWN 22S RNG 60E
  • Municipality: SPRING VALLEY TOWN
  • Latitude: 36.0441
  • Longitude: -115.283

    Address

  • Full Address: 227 Palm Trace Ave
  • Address - House Number: 227
  • Address - Street Name: Palm Trace
  • Address - Suffix Type: Ave
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C083
  • 4-Digit Zip Code: 2735
  • Zip Code: 89148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,688
  • Tax Rate Code Area: 417

    Appraisal Valuation

  • Standard Deviation: 0.1578
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 690,619
  • High Value: 799,653
  • Low Value: 581,585

    Market Valuation

  • Market Total Value: $429,005
  • Market Land Value: $120,751
  • Market Improvement Value: $308,254

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $177,977
  • Assessed Land Value: $50,313
  • Assessed Improvements Value: $127,664

    Sales

  • Current Sale Contract Date: Oct 24, 2022
  • Current Sale Recording Date: Oct 25, 2022
  • Current Sale Transaction ID: 11898034655
  • Current Sale Price: $725,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 291
  • Previous Sale Recording Date: Oct 14, 2020
  • Previous Sale Contract Date: Oct 13, 2020
  • Previous Sale Amount: $545,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: EVERETT FINANCIAL INC
  • Previous Mortgage Transaction Date: Oct 14, 2020
  • Previous Mortgage Loan Amount: $426,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About Rhodes Ranch



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Frequently Asked Questions

What neighborhood is 227 Palm Trace Avenue located in?
The 227 Palm Trace Avenue is a located in the neighborhood of Rhodes Ranch in Rhodes Ranch, Las Vegas.
What is the average sales price for listings in 227 Palm Trace Avenue?
The average sales price for units in 227 Palm Trace Avenue is $0 currently.

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