1013 Black Olive, Henderson, NV 89002, Henderson, 89002 - 3 bed, 2 bath
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1013 Black Olive
Henderson, NV 89002
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,952Sq Ft
6,098Lot Size
Property Price
LIST PRICE$479,900
EST. MARKET VALUE
$487,804
SUMMARY
This Single-Story Residential Home is a Strong Value Opportunity, listed at $479,900—positioned well below the $487,804 Fair Market Value by 1.6%. This valuation gap offers $7,904 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the property offers a functional floor plan with mature landscaping and mountain views. Situated in a top-tier school zone, including the highly-rated James E & A Rae Smalley Elementary (9/10), this is an ideal acquisition for Owner-Occupants or first-time buyers seeking a stable, well-located property.
Estimated Market Value
$487,804
Based on Realkey algorithm analyzing recent comparable sales in Henderson.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1013 Black Olive Subject | $479,900* List Price | 3 | 2 | 1,952 | $250 | - |
A 1073 Plantation Rose Court Sold | $479,999 | 3 | 2 | 1,720 | $279 | 0.4 mi |
B 30 Precipice Court Sold | $600,000 | 3 | 3 | 2,167 | $277 | 0.3 mi |
C 1000 Nimitz Court Sold | $479,000 | 3 | 2 | 1,679 | $285 | 0.3 mi |
D 163 CHANNEL Drive Sold | $485,000 | 3 | 2 | 1,802 | $269 | 0.3 mi |
E 818 Manor Shores Road Sold | $535,000 | 4 | 3 | 1,802 | $297 | 0.5 mi |
F 854 Coastal Beach Road Sold | $420,000 List Price | 4 | 3 | 2,017 | 0.3 mi | |
G 860 Coral Cottage Drive Sold | $475,000 | 3 | 2 | 1,668 | $285 | 0.4 mi |
H 193 Regal Sunset Avenue Sold | $554,000 | 4 | 3 | 2,368 | $234 | 0.3 mi |
I 136 Westin Lane Active | $430,000 List Price | 3 | 2 | 1,802 | $239 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2000 (26 years old), the property falls into the Fair category as it is over 20 years old without a major renovation. While the home is well-maintained and move-in ready, the kitchen and bathrooms are dated, featuring original oak cabinetry, white appliances, and basic tile countertops.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: James E & A Rae Smalley Elementary School (9/10).
- Premier School Zoning
The property is situated in a top-tier school zone, including the highly-rated Smalley Elementary (9/10) and Mannion Middle School (8/10), providing significant long-term value for families.
- Desirable Single-Story Layout
This sought-after single-story floor plan features vaulted ceilings and an open great room, offering an airy, accessible living space that is in high demand within the Henderson market.
CONSRISKS & DEFICIENCIES
- Aging Major Systems
Built in 2000, the property may soon require capital expenditures for original components such as the HVAC system or roof, which are approaching the end of their typical 25-year lifecycle.
- Limited Lot Size
At 6,098 square feet, the lot is standard for the subdivision but may feel restrictive for buyers looking to install a large private pool or seeking expansive outdoor acreage.
About 1013 Black Olive
Awesome single-story home in the highly sought after Paradise Hills Community with a open and functional floor plan you will love! For families with children, you’ll be in one of the best zones for CCSD Elementary through High School! Front entry invites you to a huge great room with vaulted ceilings and plenty of natural light. Beautiful views of Black Mountain throughout the community. Experience the feel of a calm and quiet neighborhood that prides itself on safety and security while still being conveniently located with quick access to schools, parks, freeway, and recreation. Fully matured landscaping in the back yard offering a large patio, real grass pad, dog run, and 3 beautiful pineapple palm trees that extend along the back exterior. Ceiling fans throughout, pre-wired security system, low HOA dues, well maintained and ready for move-in! Very competitively priced compared to other single-story homes in the area. Perfect starter home for a family or if you’re just looking for a spacious single story in a well-established and safe community, this is the one!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $71 / Month
Neighborhood Insights
Henderson Unified Schools
James E & A Rae Smalley Elementary School
Grades PK-5 • 0.6 mi
9/10
Ulis Newton Elementary School
Grades PK-5 • 1.4 mi
7/10
Marlan J. Walker Elementary School
Grades PK-5 • 1.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,952 | 2,064.015 |
| Lot Size | 6,098 | 6,098 |
| Price | $479.9K | $525.0K |
| Price per sq ft | $246 | $265 |
| Built year | 2000 | 2005 |
| HOA | $71 | $110 |
| Days on market | 15 | 70 |
Pricing History
Listed for Sale
Aug 25, 2026
$479,900
Initial Listing