148 Afternoon Rain Avenue, Henderson, NV 89002, Henderson, 89002 - 4 bed, 3 bath
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148 Afternoon Rain Avenue
Henderson, NV 89002
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,053Sq Ft
3,485Lot Size
Property Price
LIST PRICE$427,000
EST. MARKET VALUE
$450,230
5% BelowMARKET VALUE
SUMMARY
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $434,000—positioned well below the $483,892 Fair Market Value by 10%. This valuation gap offers $49,892 in Instant Equity for the buyer. With a Condition Rating of 3, the home features recent mechanical upgrades including 2024 AC units and a 2023 water heater. Zoned for top-rated schools like Smalley Elementary (9/10), this property is an ideal sanctuary for first-time buyers or growing families seeking a turnkey lifestyle.
Estimated Market Value
$450,230+$23,230 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 148 Afternoon Rain Avenue Subject | $427,000* List Price | 4 | 3 | 2,053 | $219 | - |
A 143 Afternoon Rain Avenue Sold | $375,000 | 3 | 3 | 1,483 | $253 | 0.0 mi |
B 637 Monument Point Street Sold | $375,000 | 3 | 3 | 1,483 | $253 | 0.1 mi |
C 126 Cloud Cover Avenue Pending | $420,000 List Price | 4 | 3 | 2,053 | $205 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006 (18 years old), the property is well-maintained and move-in ready. It features excellent system updates including new AC units (2024) and a new water heater (2023). The kitchen and bathrooms are functional with granite counters and stainless appliances, though they appear original to the build date.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: James E & A Rae Smalley Elementary School (9/10).
- Recent Mechanical Upgrades
The property features two new AC units installed in 2024 and a new water heater from 2023, providing immediate energy efficiency and reducing potential maintenance costs for the buyer.
- Prime School Zoning
The home is zoned for highly-rated schools, including Smalley Elementary (9/10) and Mannion Middle School (8/10), making it an exceptionally attractive option for families.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
At 3,485 square feet, the lot is relatively small for a four-bedroom residence, which may limit outdoor recreational space and privacy compared to larger suburban lots.
- Recurring HOA Expenses
The $134 monthly association fee increases the total monthly carrying cost, which might be a deterrent for buyers looking to minimize non-mortgage expenses.
About 148 Afternoon Rain Avenue
This two-story residence, within a desirable gated community, offers the perfect blend of comfort and convenience. It features 4 bedrooms and 2.5 bathrooms of thoughtfully designed living space. The community amenities include a community pool, relaxing spa, a dedicated park, and ample guest parking. Two new AC units installed in 2024 and a new water heater in 2023 provide efficiency and comfort. A two-car garage with an extra long driveway offers abundant parking solutions. The low-maintenance backyard features artificial grass and a cozy patio. In addition to the amenities within this gated community, just across the street you will find Paradise Pointe Park which boasts a small skate park, basketball court, horseshoe pits, picnic shelters and a playground. Conveniently located to shopping, freeway access, and top rated schools too!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 3,485 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $134 / Month
Neighborhood Insights
Henderson Unified Schools
James E & A Rae Smalley Elementary School
Grades PK-5 • 0.6 mi
9/10
Marlan J. Walker Elementary School
Grades PK-5 • 1.5 mi
7/10
Ulis Newton Elementary School
Grades PK-5 • 1.9 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,053 | 2,064.015 |
| Lot Size | 3,485 | 6,098 |
| Price | $427.0K | $525.0K |
| Price per sq ft | $208 | $265 |
| Built year | 2006 | 2005 |
| HOA | $134 | $110 |
| Days on market | 37 | 70 |
Pricing History
Listed for Sale
Aug 25, 2026
$427,000
$434,000
-2% Price Drop
Initial Listing
Price Change
Aug 3, 2026
$434,000
Initial Listing
Sold
Nov 24, 2009
$150,000
Public Record