3425 E Russell Road 224, Las Vegas, NV 89120, Las Vegas, 89120 - 2 bed, 2 bath
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Las Vegas, NV 89120
This Move-In Ready 55+ Condominium is listed at $195,500—positioned well below the $197,252 Fair Market Value by 1%. This valuation gap provides $1,752 in Instant Equity. Holding a Fair Condition Rating, the interior features fresh interior paint and a brand-new HVAC system installed in October 2024. The layout includes a covered southern-facing patio within a secure, gated community near Green Valley and the airport. This turnkey property offers a high-convenience lifestyle, perfectly suited for Owner-Occupants or retirees seeking a low-maintenance sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3425 E Russell Road 224 Subject | $195,500* List Price | 2 | 2 | 1,015 | $194 | - |
A 3425 Russell Road 119 Sold | $160,000 List Price | 2 | 2 | 1,015 | 0.0 mi | |
B 3425 RUSSELL Road 139 Sold | $203,000 | 2 | 2 | 1,005 | $202 | 0.0 mi |
C 3425 E Russell Road 139 Sold | $203,000 | 2 | 2 | 1,005 | $202 | 0.0 mi |
D 5150 Mandalay Springs Drive 204 Sold | $151,290 | 2 | 2 | 1,020 | $148 | 0.9 mi |
E 5150 MANDALAY SPRINGS Drive 204 Sold | $151,290 | 2 | 2 | 1,020 | $148 | 0.9 mi |
F 3062 TARPON Drive 201 Sold | $194,000 | 2 | 2 | 987 | $197 | 0.8 mi |
G 3425 E Russell Road 220 Active | $189,000 List Price | 2 | 2 | 1,015 | $186 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1998 (26 years old), placing it in the 'Fair' category based on age. While it features a brand-new HVAC system (Oct 2024) and fresh interior paint, the kitchen and bathrooms appear to have original oak cabinetry and dated white appliances, which are over 20 years old and considered dated by current market standards.
The property features a brand-new A/C unit and air handler installed in October 2024 at a cost of $13,400, ensuring high energy efficiency and immediate peace of mind for the buyer.
Situated in a gated community with easy access to the airport, the Las Vegas Strip, and Green Valley, this location offers unparalleled convenience to shopping, dining, and essential services.
With a freshly painted interior and pristine community grounds featuring recently recoated parking areas, this condo is move-in ready and offers a high level of curb appeal.
The 55+ age restriction limits the potential buyer pool to a specific demographic, which can impact future resale liquidity compared to non-restricted housing.
The assigned high school and middle school carry low performance ratings of 2 and 4 respectively, which may negatively influence long-term property value appreciation.
RARE FIND*55+ AGE RESTRICTED COMMUNITY IN CENTRAL SOUTH LOCATION*CANYON WILLOWS PECOS-GATED COMMUNITY*GREAT LOCATION W/EASY ACCESS TO AIRPORT, SHOPPING, FREEWAYS, STRIP, ALL SPORTS FACILITIES & CLOSE TO ALL SERVICES IN BEAUTIFUL GREEN VALLEY*LOCATION OF CONDO SITUATED FOR PRIVACY*THE ENTIRE INTERIOR HAS BEEN FRESHLY PAINTED*RECENTLY UPDATED A/C OCT. 2024*$13,400 PAID FOR 2.5 TON 14 SEAR*THE AIR HANDLER WAS ALSO CHANGED OUT TO MEET STANDARDS OF THE NEW EFFICIENCY A/C*TRANSFERABLE WARRANTY TO 10/2029*LIVING ROOM FEATURES GLASS SLIDING DOORS TO COVERED SOUTHERN FACING PATIO*KITCHEN/DINING/GREAT ROOM W/BREAKFAST BAR COUNTER & PLENTY OF CABINETRY*APPLIANCES INCLUDED "AS IS"*VERY LARGE BEDROOMS*SECONDARY BEDROOM W/LIGHTED CEILING FAN*HALL BATHROOM HAS WALK-IN SHOWER*PRIMARY BEDROOM FEATURES A LARGE WALK-IN CLOSET PLUS LINEN CLOSET, CEILING FAN W/LIGHT*PRIMARY BATHROOM W/DOUBLE SINK & ROMAN STYLE TUB SHOWER COMBINATION*THE COMMUNITY LOOKS PRISTINE AS ALL DRIVES & PARKING RECENTLY RECOATED*
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,015 | 1,015 | 50% |
| Lot Size | - | 2,640.5 | 36% |
| Price | $195.5K | $194.0K | 68% |
| Price per sq ft | $193 | $195 | 50% |
| Built year | 1998 | 1996 | 86% |
| HOA | $300 | $300 | 50% |
| Days on market | 48 | 342 | 5% |
Apr 29, 2026
$195,500
Initial Listing
Jan 5, 1998
$81,000
Public Record