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7245 West Verde Way

7245 West Verde Way, Las Vegas, NV 89149
Property in Centennial Hills
Sold Sep 23, 2020
$575,000
$510,400 by Pinnacle Lending Group Inc
Mortgage Due Oct 01, 2050
Sold Mar 27, 2014
$390,000
7245 West Verde Way in Las Vegas, NV was first built in 1993 and is 31 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 conventional style. It is a single story home. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7245 West Verde Way has 3,056 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. The linear feet across the front of the lot is 1,470 ft and the linear feet between the front and back of the lot is 1,580. In total, the area measurement of the land is 23,522 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. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 1,028 sqft. There are a total of 4 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, 7245 West Verde Way sold most recently in Sep 18, 2020 for a total of $575,000. If you work out the math, that's approximately a cost of $140.79 per sqft. Before that, the property was also sold for $390,000 in Mar 20, 2014. 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 $3,785 in taxes each year. 7245 West Verde Way was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $221,409. If we break it down further, the land itself was valued at $80,500. Improvements to the property, however, were assessed at a total of $140,909. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • 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: 1,028
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 23,522
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 1,470
  • Total Building Area: 4,084
  • Gross Building Area: 4,084
  • Building Area: 3,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: RAINBOW VALLEY EST
  • Land Acres: 0.54
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RAINBOW VALLEY EST PLAT BOOK 4 PAGE 88 PT LOT 1 BLOCK 16 (PARCEL MAP 39-44 LOT 2)

Ownership

  • Current Owner : POWELL DANA J
  • Current Owner 2: POWELL ADRIAN G
  • Previous Owner : REYNOLDS PAUL QUAYLE
  • Previous Owner 2: PQR 2019 TRUST
  • Owner Before Previous Owner: CUMMINS MITCHELL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 003204

Zoning

  • Zoning: RE

Geography

  • Assessors Map Reference: 125-034
  • District: CNTY
  • Parcel: 125-34-410-043
  • Block: 16
  • Lot: 1
  • Meridian: SEC 34 TWN 19S RNG 60E
  • Municipality: ARTESIAN BASIN
  • Latitude: 36.2494
  • Longitude: -115.252

    Address

  • Full Address: 7245 W Verde Way
  • Address - House Number: 7245
  • Street Direction: W
  • Address - Street Name: Verde
  • Address - Suffix Type: Way
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C073
  • 4-Digit Zip Code: 5856
  • Zip Code: 89149

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,785
  • Tax Rate Code Area: 125

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 730,193
  • High Value: 843,836
  • Low Value: 616,550

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: PINNACLE LENDING GROUP INC
  • First Open Lien Mortgage Recording Date: Sep 23, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $438,583
  • Market Land Value: $170,000
  • Market Improvement Value: $268,583

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $221,409
  • Assessed Land Value: $80,500
  • Assessed Improvements Value: $140,909

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Sep 23, 2020
  • Current Sale Transaction ID: 11790017767
  • Current Sale Price: $575,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20200923-0004068
  • Previous Sale Recording Date: Mar 27, 2014
  • Previous Sale Contract Date: Mar 20, 2014
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE LENDING GROUP INC
  • First Mortgage Transaction Date: Sep 23, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

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Frequently Asked Questions

What neighborhood is 7245 West Verde Way located in?
The 7245 West Verde Way is a located in the neighborhood of Centennial Hills in Centennial Hills, Las Vegas.
What is the average sales price for listings in 7245 West Verde Way?
The average sales price for units in 7245 West Verde Way is $0 currently.

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