3049 Cedar Street, Las Vegas, NV 89104, Las Vegas, 89104 - 3 bed, 2 bath
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3049 Cedar Street
Las Vegas, NV 89104
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,183Sq Ft
6,098Lot Size
Property Price
LIST PRICE$349,500
EST. MARKET VALUE
$332,094
5% AboveMARKET VALUE
SUMMARY
This Single-Family Residence represents a Strong Value Opportunity, listed at $349,500—positioned well below the $332,095 Fair Market Value by -5%. While the property is priced slightly above the current estimation, the rare FHA Assumable Loan at a fixed 5.99% interest rate provides significant long-term monthly savings. Featuring a Condition Rating of 2 with a modern renovation, this home offers a turnkey experience. With No HOA Fees and a Generous 6,098 sqft Lot, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking affordable, stable financing.
Estimated Market Value
$332,094
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 |
|---|---|---|---|---|---|---|
★ 3049 Cedar Street Subject | $349,500* List Price | 3 | 2 | 1,183 | $281 | - |
A 2125 East Oakey Boulevard Sold | $310,000 | 4 | 2 | 1,226 | $253 | 0.9 mi |
B 1504 Eastwood Drive Sold | $355,000 | 4 | 2 | 1,484 | $239 | 0.9 mi |
C 1809 Cherry Lane Sold | $315,000 | 3 | 2 | 1,152 | $273 | 0.7 mi |
D 2304 Canosa Avenue Sold | $350,000 | 4 | 3 | 1,457 | $240 | 0.8 mi |
E 3724 Lanai Avenue Sold | $369,000 | 3 | 2 | 1,583 | $233 | 0.5 mi |
F 2320 E Oakey Boulevard Active | $335,000 List Price | 3 | 2 | 1,228 | $273 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1946, the property has undergone a complete modern renovation within the last 5 years. The kitchen features new white shaker cabinets, quartz countertops, and stainless steel appliances. The interior shows mint condition with new laminate flooring, fresh paint, and updated fixtures throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Favorable Financing
The property features a rare FHA assumable loan at a fixed 5.99% interest rate, offering significant monthly savings and a lower barrier to entry with a specified $25,000 down payment.
- No HOA Fees
With an association fee of $0, homeowners enjoy increased monthly affordability and greater freedom to use their property without the restrictions typically found in managed communities.
- Generous Lot Size
The 6,098-square-foot lot provides a spacious backyard with a storage shed, offering ample room for outdoor entertaining, gardening, or potential future expansions.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1946, the home may require more frequent maintenance or upgrades to aging infrastructure, such as plumbing and electrical systems, compared to newer builds.
- Assumption Complexity
The FHA loan assumption process is subject to strict lender approval and can be significantly more time-consuming than a traditional purchase, potentially extending the closing timeline.
About 3049 Cedar Street
$25K DOWN — FHA ASSUMABLE LOAN! Take advantage of a rare opportunity to assume an existing fixed 5.99% FHA loan with an approximate $2,500 monthly PITI payment, subject to lender approval and qualification. This charming single-story home features 3 bedrooms, 2 bathrooms, a spacious living room, full-size laundry room, laminate flooring, and an inviting eat-in kitchen. The large backyard offers plenty of room for entertaining, pets, gardening, or future possibilities, plus a convenient storage shed. A great opportunity for buyers looking to combine affordable financing with a comfortable home. FHA loan assumption is subject to lender approval, buyer qualification, and verification of all loan terms and required funds.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- 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
- $0 / Month
Neighborhood Insights
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 | 1,183 | 1,961.945 |
| Lot Size | 6,098 | 6,098 |
| Price | $349.5K | $486.0K |
| Price per sq ft | $295 | $259 |
| Built year | 1946 | 2002 |
| HOA | $0 | $83 |
| Days on market | 26 | 62 |
Pricing History
Listed for Sale
Aug 14, 2026
$349,500
Initial Listing