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7906 Woolly St
Score
74
Las Vegas, NV

7906 Woolly St

500K
4 bd • 3 ba • 2,261 sf

This analysis was generated on 3/14/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$499,999

Price/Sq.Ft

$221

Year Built

2017

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Granite Countertops: Adds a touch of luxury and durability to the kitchen • Stainless Steel Appliances: Modern and energy-efficient appliances enhance the kitchen's appeal • Plantation Shutters: Adds privacy and style to the windows • Open-Concept Kitchen and Living Area • Granite Countertops • Stainless Steel Appliances • Plantation Shutters • Price Position: The property is listed at $221.14 per square foot, which is below the median price per square foot of $249 for the 89149 zip code. This could indicate a good value or reflect specific property characteristics. • Appreciation Trend: Homes in 89149 have sold for 2.4% more than they did a year ago, indicating moderate appreciation. However, the month-over-month change is only 0.024%, suggesting a slowing of price growth. • Investment Opportunity: After $4,500 in renovations, potential $10,501 equity gain (233.4% ROI) • Rental Income: $2,650/month with 99% occupancy (5.1% cap rate) • Schools: Good elementary and high school ratings (7/10) may add a slight premium to property values. The lower middle school rating (3/10) could be a concern for some buyers. • Future Development: No specific planned changes are mentioned in the provided data. • The house appears to have good natural light, especially in the living areas and bedrooms. The large windows allow plenty of sunlight to enter. • The layout is functional with an open-concept kitchen and living area. The bedrooms are located upstairs, providing privacy. The flow between rooms is generally good.
Granite Countertops

Granite Countertops

Adds a touch of luxury and durability to the kitchen.

Stainless Steel Appliances

Stainless Steel Appliances

Modern and energy-efficient appliances enhance the kitchen's appeal.

Plantation Shutters

Plantation Shutters

Adds privacy and style to the windows.

The Bad

• Update Bathrooms (MEDIUM priority): $3,000 • Replace Worn Carpet (MEDIUM priority): $1,500 • Fire risk is major (6/10), requiring critical insurance coverage. • Heat risk is severe (7/10), potentially impacting utility costs and outdoor activities. • Edmundo Eddie Escobedo Sr Middle School has a rating of 3/10, which may be a concern for families with middle school-aged children.

The Ugly

• Climate Risk: Due to the major fire risk (6/10), insurance costs are critical and likely to be higher than average. Flood risk is minimal, so flood insurance is not critical.
Worn Carpet

Worn Carpet

Carpet on stairs is worn and could be a tripping hazard.

Outdated Bathroom

Outdated Bathroom

The half bathroom has a pedestal sink and no storage.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $31,800 with 99% occupancy rate Value Investors: Projected 13.0% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $4,500 in strategic upgrades could significantly increase property value

Not For

Risk-averse buyers: Property faces significant climate-related insurance costs and risks
Demographics
Area Median Income

$88,059

Property History

Price History
Ownership Timeline
$330,000Financed
Dec 23, 2019
Nicholas M Collazo, Holly N CollazoMichael Brandley, Tracy Keith
Bargain And Sale Deed
Standard Sale (Purchase/Resales)
$304,958Financed
Jun 30, 2017
D R Horton IncNicholas M Collazo, Holly N Collazo
Bargain And Sale Deed
New Construction Residential Transactions

Property Taxes

$4,483
2024 Tax Assessment
8.0%from previous year
Assessed Value$148,953
Tax Rate3.01%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Elementary

7.0/10
Good

Middle

3.0/10
Below Average

High

7.0/10
Good

Financials

Monthly Costs
Market Rent (4 bed)

$1,130

Get a detailed estimate on Zillow
HOA Fee

$49

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Location & Comparables

Subject Property
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