126 Magnesium Street, Henderson, NV 89015, Henderson, 89015 - 2 bed, 1 bath
Loading property details...
Henderson, NV 89015
This Updated Historic Residence represents a stable entry into the Henderson market, listed at $300,000—aligning perfectly with its $300,000 Fair Market Value. The property features a 2022 interior remodel with modern luxury vinyl plank flooring, a private patio, and access to the 9/10 rated Gordon Mccaw Elementary. Despite a Fair Condition Rating due to a non-functional pool, the expansive 8,712 square foot lot, RV parking, and VA Assumable loan provide significant long-term utility and financial flexibility. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 126 Magnesium Street Subject | $300,000* List Price | 2 | 1 | 1,118 | $268 | - |
A 6 Brown Street Sold | $257,500 List Price | 3 | 2 | 1,042 | 0.5 mi | |
B 41 LASWELL Street Sold | $325,000 | 3 | 2 | 1,264 | $257 | 0.5 mi |
C 465 Annapolis Circle Sold | $369,000 | 3 | 2 | 1,112 | $332 | 0.9 mi |
D 426 TIGER LILY Way Sold | $360,000 | 3 | 2 | 1,369 | $263 | 0.9 mi |
E 71 Church Street Active | $289,500 List Price | 3 | 1 | 1,042 | $278 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the interior was recently remodeled in 2022 with modern luxury vinyl plank flooring and updated paint, the property's overall condition is tempered by its 1942 construction and significant exterior issues. Specifically, the pool and spa have been filled with dirt and rocks, requiring a 'revival assessment' and likely substantial investment to restore. The utility areas and exterior show signs of age consistent with a home of this era, placing it in the fair category despite the interior cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1118.
Elementary School: Gordon Mccaw Elementary School (9/10).
Situated within walking distance to the vibrant Water Street district, this property offers a lifestyle of convenience with no HOA restrictions and ample space for RV or boat parking.
The existing pool and spa have been filled with dirt and rocks, necessitating a professional revival assessment and potentially high costs to restore or remove.
With over 300 days on the market, the property may face perception challenges regarding its value or condition relative to its 1942 construction date.
Welcome to this charming home featuring a ginormous living room with wood fireplace and large dining room. Recently remodeled in 2022, this 2-bedroom, 1-bathroom home showcases modern luxury vinyl plank flooring throughout. The property includes a pool and spa area that has been filled in with dirt and rocks (revival assessment needed) and sits on a generous 8,000+ square foot lot. Enjoy the convenience of no HOA, RV / boat parking in back, a 2-car carport, and walking distance to Water Street. This property presents an excellent opportunity for buyers looking to add their personal touch while enjoying recent updates and a prime location. Multiple options available for future improvements on this spacious lot. Avail for VA Assumable loan.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades PK-5 • 1.0 mi
Grades PK-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 7% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 1,118 | 1,592 | 7% |
| Lot Size | 8,712 | 6,534 | 81% |
| Price | $300.0K | $45.0K | 53% |
| Price per sq ft | $268 | $40 | 84% |
| Built year | 1942 | 1996 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 323 | 2744 | 1% |
Jun 4, 2025
$300,000
Initial Listing