3425 East Russell Road 221, Las Vegas, NV 89120, Las Vegas, 89120 - 2 bed, 2 bath
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3425 East Russell Road 221
Las Vegas, NV 89120
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,200Sq Ft
4,934Lot Size
Property Price
LIST PRICE$245,000
EST. MARKET VALUE
$224,423
9% AboveMARKET VALUE
SUMMARY
This 55+ condo presents a Strong Value Opportunity, listed at $245,000—positioned above the $224,424 Fair Market Value. While the price reflects a premium, the property offers a Fair Condition Rating with functional stainless steel appliances and plantation shutters. The unit features a versatile den and a covered balcony with mountain views, providing a peaceful lifestyle in a gated community with a pool and spa. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking low-maintenance, age-restricted living in Las Vegas.
Estimated Market Value
$224,423
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 |
|---|---|---|---|---|---|---|
★ 3425 East Russell Road 221 Subject | $245,000* List Price | 2 | 2 | 1,200 | $187 | - |
A 3425 E Russell Road 114 Sold | $218,000 | 2 | 2 | 1,005 | $217 | 0.0 mi |
B 3425 E Russell Road 227 Sold | $205,000 List Price | 2 | 2 | 1,015 | 0.0 mi | |
C 3055 Key Largo Drive 101 Sold | $245,000 | 3 | 2 | 1,190 | $206 | 1.0 mi |
D 3425 E Russell Road 224 Sold | $195,500 | 2 | 2 | 1,015 | $193 | - |
E 5130 Mandalay Springs Drive 103 Sold | $190,000 | 2 | 2 | 1,020 | $186 | 1.0 mi |
F 3083 Casey Drive 101 Sold | $195,000 | 2 | 2 | 987 | $198 | 0.8 mi |
G 3425 East Russell Road 220 Active | $180,000 List Price | 2 | 2 | 1,015 | $177 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1998 (26 years old) and appears to maintain most of its original finishes, including oak cabinetry and older tile flooring. While the addition of stainless steel appliances and plantation shutters are positive, the overall age of the kitchen, baths, and systems puts it in the 'Fair' category as it is dated and approaching the need for functional and aesthetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The inclusion of a dedicated den alongside two bedrooms provides rare flexibility for a home office or hobby room within a 1,200 sq. ft. layout.
- Energy Efficiency Upgrades
The property features plantation shutters and solar screens, which are essential for climate control and reducing utility costs in the Las Vegas heat.
- Scenic Mountain Views
The covered balcony offers unobstructed mountain views, providing a premium outdoor living space that enhances the tranquility of this 55+ community.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4934, other record lot size in square feet = 2525.
- Second-Floor Accessibility
Being an upstairs unit may limit appeal for the 55+ target demographic who often prioritize single-level living or elevator access for long-term mobility.
- Low School Ratings
The local high school is rated a 2/10, which could negatively impact future resale value and attractiveness to investors despite the age-restricted status.
About 3425 East Russell Road 221
Welcome to this charming 2-bedroom, 2-bathroom upstairs condo in a desirable 55+ gated community! Offering approximately 1,200 sq. ft. of comfortable living space, this home features a versatile den that can be used as an office, hobby room, or additional living space. Enjoy beautiful mountain views from the covered balcony, creating a peaceful spot to relax and unwind. Inside, plantation shutters throughout add a timeless touch, while solar screens provide added comfort and energy efficiency. The kitchen features stainless steel appliances that are included with the home, offering both functionality and style. Residents enjoy access to fantastic community amenities, including a sparkling pool and spa, perfect for relaxing or socializing with neighbors. The gated community provides added privacy and a welcoming atmosphere. With its desirable 55+ setting, convenient location, mountain views, covered balcony, thoughtful features, and community amenities, this condo is a wonderful opportunity to enjoy comfortable, low-maintenance living. Come take a look and see everything this home has to offer!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1998
- Lot Size
- 4,934 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $253 / Month
Neighborhood Insights
Las Vegas Unified Schools
Doris French Elementary School
Grades PK-5 • 0.6 mi
6/10
Helen C Cannon Junior High School
Grades 6-8 • 0.9 mi
4/10
Del Sol High School
Grades 9-12 • 0.5 mi
2/10
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 | 1,200 | 1,059.468 |
| Lot Size | 4,934 | 6,055.359 |
| Price | $245.0K | $225.8K |
| Price per sq ft | $204 | $213 |
| Built year | 1998 | 1996 |
| HOA | $253 | $254 |
| Days on market | 19 | 71 |
Pricing History
Listed for Sale
Aug 21, 2026
$245,000
Initial Listing
Sold
Dec 10, 1997
$90,500
Public Record