3823 South Maryland Parkway C12, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
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3823 South Maryland Parkway C12
Las Vegas, NV 89119
ACTIVE
CONDITION: GOOD
2Beds
2Baths
892Sq Ft
5,967Lot Size
Property Price
LIST PRICE$164,900
EST. MARKET VALUE
$174,909
5% BelowMARKET VALUE
SUMMARY
This Strong Value Opportunity is a Condominium listed at $164,900—positioned well below the $174,910 Fair Market Value by 5%. This valuation gap provides $10,010 in Instant Equity. Featuring a Condition Rating of 3, the unit offers a remodeled kitchen and private courtyard entry. While school ratings are modest, the proximity to UNLV and the Strip ensures high rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, move-in ready residence.
Estimated Market Value
$174,909+$10,009 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 3823 South Maryland Parkway C12 Subject | $164,900* List Price | 2 | 2 | 892 | $196 | - |
A 3823 South Maryland Parkway P4 Sold | $185,000 | 2 | 2 | 892 | $207 | 0.1 mi |
B 3823 South Maryland Parkway K10 Active | $165,000 List Price | 2 | 2 | 892 | $185 | 0.1 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 1984 but recently refreshed; features a remodeled kitchen with new cabinets and appliances, new LVP flooring, and fresh paint. While bathrooms retain dated tile countertops and tub surrounds, the installation of new toilets, faucets, and a new washer/dryer makes the unit functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated near UNLV and the Las Vegas Strip, this property offers excellent accessibility for students and professionals, enhancing its rental and resale potential.
- Modernized Interior
The condo features a remodeled kitchen with new cabinetry and appliances, along with updated bathroom fixtures and a new washer/dryer, reducing immediate move-in costs.
- Private Courtyard
A unique private courtyard entry provides a rare secluded outdoor space for a condominium, creating a welcoming and secure atmosphere.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5967, other record lot size in square feet = 972.
- Underperforming Schools
The assigned public schools have low ratings (ranging from 2 to 3), which may be a significant drawback for families with school-aged children.
- Limited Square Footage
With only 892 square feet for a two-bedroom layout, the living space is relatively compact, which may feel restrictive for some buyers.
About 3823 South Maryland Parkway C12
A brick exterior and a private courtyard entry establish a welcoming atmosphere for this Las Vegas condominium. The home offers a functional design that maximizes its 892 square feet of living space, creating a serene environment that is both comfortable and inviting. Inside, the residence features two bedrooms with walk-in closets and two bathrooms with new toilets and faucets, arranged to provide a balanced sense of privacy. The living area is equipped with a ceiling fan to maintain a pleasant indoor climate, while the kitchen has been remodeled with new cabinets, sink, faucet, and refrigerator. Laundry closet has a brand new stack-able washer and dryer. This condo combines simple maintenance with practical features, situated in a convenient Las Vegas location close to UNLV, the Strip, and shopping. Community pool and spa along with mailboxes are located within a short walk in the subdivision.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 5,967 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $179 / Month
Neighborhood Insights
Las Vegas Unified Schools
Ruby S Thomas Elementary School
Grades PK-5 • 0.6 mi
2/10
William E Orr Middle School
Grades 6-8 • 0.5 mi
3/10
Valley High School
Grades 9-12 • 1.6 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 | 892 | 1,059.468 |
| Lot Size | 5,967 | 6,055.359 |
| Price | $164.9K | $225.8K |
| Price per sq ft | $185 | $213 |
| Built year | 1984 | 1996 |
| HOA | $179 | $254 |
| Days on market | 5 | 71 |
Pricing History
Listed for Sale
Sep 4, 2026
$164,900
Initial Listing
Sold
Mar 27, 1998
$60,000
Public Record