
Las Vegas, NV 89107
This Strategic Residential Acquisition is listed at $399,999, representing a stable investment aligned with its $367,579 Fair Market Value and premium mechanical upgrades. The standout feature is a rare 2.75% Assumable VA Loan, offering a massive competitive advantage and long-term interest savings. Despite a Condition Rating of 4, the property provides immediate peace of mind with a New Roof (2024) and New HVAC (2025). Boasting a Heated Inground Pool, built-in BBQ, and No HOA, this centrally located home is a premier opportunity for VA-Eligible Buyers or Owner-Occupants seeking a high-upside value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 613 Carpenter Drive Subject | $399,999* List Price | 4 | 2 | 1,586 | $232 | - |
A 5912 Alta Drive Sold | $350,000 List Price | 4 | 3 | 1,877 | 0.3 mi | |
B 6505 Alta Drive Sold | $325,000 | 2 | 2 | 1,507 | $216 | 0.6 mi |
C 6304 Burgundy Way Sold | $320,000 List Price | 4 | 2 | 1,558 | 0.3 mi | |
D 6444 Bannock Way Sold | $348,000 | 3 | 2 | 1,274 | $273 | 0.6 mi |
E 6420 Evergreen Avenue Sold | $410,000 | 4 | 3 | 1,753 | $234 | 0.5 mi |
F 6324 Fairwood Avenue Sold | $389,000 List Price | 4 | 3 | 1,922 | 0.5 mi | |
G 345 S Mallard Street Active | $335,000 List Price | 4 | 2 | 1,607 | $208 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property boasts excellent major system upgrades including a new roof (2024) and new HVAC/ducts (2025), the 1970 build date and 'ready for your vision' description suggest the kitchen and bathrooms remain largely dated. With only 6-year-old appliances and no mention of a full interior renovation, the home requires cosmetic updates to move beyond its original 50+ year old aesthetic.
The property features a rare 2.75% assumable VA loan, providing qualified buyers with a significant competitive advantage and substantial interest savings in the current market.
With a brand-new roof installed in late 2024 and a new A/C system with ductwork scheduled for 2025, the home offers peace of mind and reduced immediate capital expenditure for the new owner.
The private backyard is a standout feature, boasting a heated inground pool, built-in BBQ, and no HOA restrictions, offering a high-value entertainment space rarely found at this price point.
Built in 1970 and described as 'ready for your vision,' the home likely requires cosmetic modernization and updates to align with contemporary aesthetic preferences.
Fitting four bedrooms into 1,586 square feet may result in smaller individual room dimensions, which could be a constraint for buyers seeking more spacious living quarters.
Charming centrally located Las Vegas home with no HOA! This 4 bed, 2 bath property is minutes from the Strip and Arts District and features a spacious living room, oversized family room, and two wood burning fireplaces. Enjoy an inground heated pool, mature landscaping, a private backyard with block wall, covered patio, and built in BBQ. The home includes a *NEW ROOF* (NOV 2024), *NEW A/C AND DUCTS* (JUL 2025). The kitchen has a pantry, step up dining nook, and 6 y/o kitchen appliances that stay with the home. A 2 car garage plus deep driveway provides ample parking. An assumable VA loan at 2.75% offers an excellent opportunity for qualified buyers. This home is ready for your vision and has room to entertain and relax.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,586 | 1,646.5 | 47% |
| Lot Size | 6,098 | 6,534 | 40% |
| Price | $400.0K | $359.9K | 71% |
| Price per sq ft | $252 | $224 | 65% |
| Built year | 1970 | 1963 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 286 | 1% |
Apr 19, 2026
$399,999
Initial Listing