3608 Melonies Drive 97, Las Vegas, NV 89103, Las Vegas, 89103 - 2 bed, 2 bath
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Las Vegas, NV 89103
This Turnkey Remodeled Condominium is listed at $199,900, representing a stable entry point at its $199,900 Fair Market Value. Featuring an Excellent Condition Rating, the unit offers high-end finishes including Granite Countertops, Laminate Flooring, and a desirable Dual Master Suite configuration that maximizes rental yield and privacy. Located in a Gated Community with a Pool and Spa, the property is minutes from the Las Vegas Strip and Chinatown. With solid ratings at Ed W Clark High School, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a polished, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3608 Melonies Drive 97 Subject | $199,900* List Price | 2 | 2 | 585 | $342 | - |
A 3603 Di Salvo Drive 144 Active | $165,000 List Price | 1 | 1 | 480 | $344 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1985, the unit has been completely and extensively remodeled within the last 5 years. The kitchen features modern white shaker cabinets, granite countertops, a decorative tile backsplash, and stainless steel appliances. The bathrooms have been fully updated with contemporary vanities and marble-style tile surrounds. With new laminate flooring throughout and no visible deferred maintenance, the property meets the criteria for excellent condition.
The property is ideally situated minutes from the Las Vegas Strip, Raiders Stadium, and within walking distance to Chinatown, offering high demand for both residents and tenants.
The unit features comprehensive upgrades including granite countertops, laminate flooring, a tile backsplash, and fully remodeled bathrooms, eliminating the need for immediate capital improvements.
The floor plan consists of two master suites, which maximizes privacy and significantly enhances its appeal as a high-yield rental or roommate-friendly living space.
A significant discrepancy exists between the tax records (585 sqft) and the actual living area (828 sqft), which could present challenges during the appraisal and financing process.
Built in 1985, the property and community may require more frequent maintenance or face potential future assessments compared to newer condominium developments in the area.
*$20K PRICE REDUCTION * GREAT INVESTMENT OPPORTUNITY * TAX RECORDS ARE INCORRECT * THIS IS 828 SF UNIT WITH 2 BEDROOMS & 2 BATHS * RELIABLE TENANT IN PLACE * COMPLETELY REMODELED UNIT * BEAUTIFUL LAMINATE FLOORING * GRANITE COUNTERTOPS * TILE BACKSPLASH * REMODELED BATHROOMS * TWO MASTER SUITES * LARGE BALCONY/PATIO * GATED COMMUNITY * COMMUNITY POOL & SPA * CENTRAL LOCATION, LOCATION, LOCATION * MINUTES FROM THE STRIP, SHOPPING MALLS, I-15, AND RAIDERS STADIUM * PLUS WALKING DISTANCE TO CHINA TOWN * A GREAT ADDITION TO ANY PORTFOLIO * ALL INFO DEEMED RELIABLE * BUYER/AGENT TO VERIFY ALL INFO.
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades 6-8 • 3.5 mi
Grades 9-12 • 0.9 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 | 585 | 880.5 | 6% |
| Lot Size | 2,162 | 1 | 61% |
| Price | $199.9K | $158.5K | 70% |
| Price per sq ft | $342 | $195 | 97% |
| Built year | 1985 | 1983 | 55% |
| HOA | $227 | $188 | 70% |
| Days on market | 518 | 1176 | 43% |
Nov 20, 2024
$199,900
Initial Listing