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5640 Obannon Drive

5640 Obannon Drive, Las Vegas, NV 89146
Property in Clark
Sold Dec 21, 2021
$849,990
$679,992 by Loaderone Finanial Corporation
Mortgage
Sold Mar 12, 2021
$494,150
Local assessors in Las Vegas, NV have categorized 5640 Obannon Drive as a residential type of property. The home was built in 1974 and is 50 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 22,651 square feet. The linear feet between the front and back of the lot was measured at 1,540 ft and the front of the lot was measured at 1,460 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 5640 Obannon Drive has a total of 2,750 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. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. 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 484 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 wood shake/ shingles. 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, 5640 Obannon Drive sold most recently in Dec 20, 2021 for a total of $849,990. If you work out the math, that's approximately a cost of $262.83 per sqft. Before that, the property was also sold for $494,150 in Mar 11, 2021. 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 $2,604 in taxes each year. 5640 Obannon Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $119,253. If we break it down further, the land itself was valued at $66,500. Improvements to the property, however, were assessed at a total of $52,753. 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

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

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • 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: 484
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 22,651
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 1,460
  • Total Building Area: 3,234
  • Gross Building Area: 3,234
  • Building Area: 2,750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARCEL MAP FILE 2 PAGE 33
  • Land Acres: 0.52
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARCEL MAP FILE 2 PAGE 33 LOT 4

Ownership

  • Current Owner : MARTIN AURIA PAULITE
  • Current Owner 2: MARTIN KEVIN L
  • Previous Owner : SMART COUSINS LLC
  • Owner Before Previous Owner: LUTZ ZACHARY J
  • Owner Before Previous Owner 2: LUTZ JACQUELYN J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 001003

Zoning

  • Zoning: RE

Geography

  • Assessors Map Reference: 163-001
  • District: CNTY
  • Parcel: 163-01-307-012
  • Lot: 4
  • Meridian: SEC 01 TWN 21S RNG 60E
  • Municipality: ARTESIAN BASIN
  • Latitude: 36.1484
  • Longitude: -115.219

    Address

  • Full Address: 5640 Obannon Dr
  • Address - House Number: 5640
  • Address - Street Name: Obannon
  • Address - Suffix Type: Dr
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C036
  • 4-Digit Zip Code: 0335
  • Zip Code: 89146

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,604
  • Tax Rate Code Area: 125

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 712,696
  • High Value: 825,678
  • Low Value: 599,715

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $679,992
  • First Open Lien Mortgage Lender: LOADERONE FINANIAL CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 21, 2021
  • First Open Lien Mortgage Loan Amount: $679,992
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $310,371
  • Market Land Value: $175,000
  • Market Improvement Value: $135,371

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $119,253
  • Assessed Land Value: $66,500
  • Assessed Improvements Value: $52,753

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Transaction ID: 11875475399
  • Current Sale Price: $849,990
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20211221-0002958
  • Previous Sale Recording Date: Mar 12, 2021
  • Previous Sale Contract Date: Mar 11, 2021
  • Previous Sale Amount: $494,150
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOADERONE FINANIAL CORPORATION
  • First Mortgage Transaction Date: Dec 21, 2021
  • First Mortgage Loan Amount: $679,992
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 5640 Obannon Drive located in?
The 5640 Obannon Drive is a located in the neighborhood of Clark in Las Vegas, Las Vegas.
What is the average sales price for listings in 5640 Obannon Drive?
The average sales price for units in 5640 Obannon Drive is $899,990 , or $327/sqft. currently.

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