1403 SANTA MARGARITA Street D, Las Vegas, NV 89146, Las Vegas, 89146 - 2 bed, 2 bath
1403 SANTA MARGARITA Street D
Las Vegas, NV 89146
Property Price
SUMMARY
Analysis of 1403 SANTA MARGARITA Street D, Las Vegas, NV 89146 is currently available with a list price of $218,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is well-maintained and move-in ready, but its 1989 construction and overall aesthetic align with the 'fair' criteria. While it features some updates such as granite countertops and a combination of tile and laminate flooring (replacing original carpets), the cabinetry, bathroom fixtures, and general layout remain dated. It shows regular upkeep but lacks the extensive recent renovation required for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Judy & John L Goolsby Elementary School (9/10).
- Ground Floor Accessibility
As a first-floor unit, this property offers excellent accessibility and convenience, eliminating the need for stairs and making it ideal for a wide range of buyers.
- Modern Interior Finishes
The unit features durable tile and laminate flooring throughout, granite countertops in the kitchen, and a cozy fireplace, providing a contemporary and low-maintenance living environment.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =21780, other record lot size in square feet = 2080.
- High Association Fees
The monthly HOA fee of $329 is relatively high for a condo at this price point, which may affect the overall affordability and debt-to-income ratio for some buyers.
- Underperforming Local Schools
The immediate assigned middle and high schools carry lower performance ratings, which could be a drawback for families prioritizing educational quality or future resale value.
About 1403 SANTA MARGARITA Street D
Well kept 1st floor unit located in a quite and nice community. 2 bed rooms & 2 baths with fireplace. Primary bed room with Balcony. Kitchen with granite counter top. Tile at the living room & kitchen, Laminate in all bedrooms. Ceiling fans in all rooms. All appliances included.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 21,780 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $329 / Month
Neighborhood Insights
Las Vegas Unified Schools
Rose Warren Elementary School
Grades PK-5 • 0.8 mi
R Guild Gray Elementary School
Grades PK-5 • 1.2 mi
O K Adcock Elementary School
Grades PK-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,056 | 1,073 | 34% |
| Lot Size | 21,780 | 1,260 | 97% |
| Price | $218.0K | $197.0K | 71% |
| Price per sq ft | $206 | $183 | 69% |
| Built year | 1989 | 1986 | 69% |
| HOA | $329 | $236 | 97% |
| Days on market | 35 | 273 | 3% |
Pricing History
Listed for Sale
Jan 31, 2026
$218,000
Initial Listing