1461 Tamareno Circle C, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
Loading property details...
1461 Tamareno Circle C
Las Vegas, NV 89119
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,116Sq Ft
2,325Lot Size
Property Price
LIST PRICE$195,000
EST. MARKET VALUE
$187,864
3% AboveMARKET VALUE
SUMMARY
This 2-bedroom condominium represents a High-Potential Investment Opportunity, listed at a List Price of $195,000—positioned slightly above the $187,865 Fair Market Value by -3%. Featuring a functional 1,116 sqft layout with a gas fireplace and private balcony, the property maintains a Condition Rating of 5, indicating a need for cosmetic updates or repairs. While school ratings in the area are modest, the community pool and proximity to freeway access provide consistent rental demand. This asset is best suited for Buy-and-Hold Investors or first-time buyers seeking an entry-level property.
Estimated Market Value
$187,864
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1461 Tamareno Circle C Subject | $195,000* List Price | 2 | 2 | 1,116 | $168 | - |
A 1751 East Reno Avenue 105 Sold | $180,000 | 2 | 2 | 1,164 | $155 | 0.2 mi |
B 1751 E RENO Avenue 217 Sold | $199,500 | 2 | 2 | 1,164 | $171 | 0.3 mi |
C 1675 Jupiter Court C Sold | $154,900 List Price | 2 | 2 | 980 | 0.9 mi | |
D 5040 Spencer Street D Sold | $220,000 | 2 | 2 | 1,000 | $220 | 0.4 mi |
E 1404 Santa Anita Drive B Sold | $199,000 | 2 | 3 | 1,114 | $179 | 0.7 mi |
F 1376 Dorothy Avenue 3 Sold | $187,000 | 2 | 1 | 880 | $213 | 0.5 mi |
G 1751 East Reno Avenue 109 Active | $218,800 List Price | 2 | 2 | 1,164 | $188 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1984 (40 years old) with no recorded renovations, meeting the >30y criteria for poor condition. While the description claims it is well-maintained, interior photos show 'demo bags' taped to the wall, indicating active remediation or repairs needed for potential water damage or structural issues.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Market Value
Priced under $200,000, this property represents a highly accessible entry point for first-time homebuyers or investors looking for a 2-bedroom unit in the Las Vegas market.
- Functional Two-Story Layout
The 1,116 sqft open floorplan features a gas fireplace and a private balcony, providing a spacious and comfortable living environment that feels more like a townhome than a standard flat.
- Turnkey Convenience
The property is well-maintained and includes all appliances, offering a move-in-ready solution that minimizes immediate out-of-pocket expenses for the buyer.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2325, other record lot size in square feet = 2652.
- Underperforming School District
The property is zoned for schools with ratings as low as 2/10, which may impact long-term resale value and appeal to families with school-aged children.
- Dated Aesthetic Potential
Built in 1984 and featuring standard carpeting, the interior may require cosmetic modernization to compete with newer or fully renovated units in the area.
About 1461 Tamareno Circle C
great location 2Bed/2Bath- 2 Story Condo w/ Beautiful Community Pool! This is a comfortable and spacious 2-Story, 2 Bedroom property nestled in a great community; close to freeway access, parks and schools. Well-maintained and clean throughout! Open Floorplan with all the works. Carpeting and Ceiling Fans. Gas Fireplace in the Living Room. All Appliances Included. Balcony area for relaxing. A Must See!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 2,325 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $250 / Month
Neighborhood Insights
Las Vegas Unified Schools
Gene Ward Elementary School
Grades PK-5 • 0.2 mi
2/10
Jack Dailey Elementary School
Grades PK-5 • 0.5 mi
6/10
Helen C Cannon Junior High School
Grades 6-8 • 1.3 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,116 | 1,059.468 |
| Lot Size | 2,325 | 6,055.359 |
| Price | $195.0K | $225.8K |
| Price per sq ft | $175 | $213 |
| Built year | 1984 | 1996 |
| HOA | $250 | $254 |
| Days on market | 30 | 71 |
Pricing History
Listed for Sale
Aug 10, 2026
$195,000
Initial Listing
Sold
Mar 12, 1998
$64,000
Public Record