ADOBE REAL ESTATE PROBATE PARTNERS

1856 Del Mar Ave, Las Vegas, NV 89169

Prepared by Daniel Kereczman

Subject Property Overview

Living Area 1,161 SqFt
Lot Size 6,970 SqFt
Year Built 1962
Bed / Bath 3 Bed / 2 Bath
Garage 0 (Carport)
Pool None/Unknown

Probate Status & Title Verification

Estate of Joseph Nehme (Case No. P-25-125608-E)

Based on the filed "Report of Administration; Waiver of Formal Accounting; Request for Approval of Final Costs; and Petition for Final Distribution and to Close Estate" , the estate is in the final stages of summary administration.

Will Amir have the title in his individual name?

Yes. Because Amir Nehme is the appointed Administrator and the sole heir, the intent of this specific petition is to distribute the real estate directly to him.

Once the judge approves the petition and signs the Order for Final Distribution, that court order legally transfers ownership of the assets. As soon as the Order is recorded with the Clark County Recorder, the title to 1856 Del Mar Ave will officially vest in Amir Nehme's name individually. At that point, the probate is closed, and he can sign the listing agreement and closing documents simply as himself, without needing further court confirmation to sell the home.

Next Step: Since the petition was filed on February 2, 2026, it is highly likely the Order has already been granted. We will have Debbie Miller at Core Title pull a preliminary title report to verify that the Order for Final Distribution has been officially recorded.

Strategic Pricing & Valuations

Strategy: CMA Deep Dive & Pricing Justification

Recommended List Price Range: $355,000 - $365,000

To establish a competitive and realistic starting price for 1856 Del Mar Ave, we need to isolate the properties that are true peers to the home's specific footprint: 1,161 SqFt, built in 1962, on a 6,970 SqFt lot with no pool. Here is a breakdown of what the data is actually telling us.

The True Peers (Recently Sold)

The most reliable indicators of value are homes that have successfully closed, as they represent what a buyer was actually willing to pay and what an appraiser agreed the property was worth.

  • The Identical Twin: 1692 Palora Avenue is the absolute best comparable we have. It is an exact square footage match (1,161 SqFt), built in 1961, and sits on the same sized lot (6,970 SqFt). It recently sold on February 2, 2026, for $370,000 ($318.69/SqFt).
  • The Slightly Larger Neighbor: 1945 La Brisa Avenue is another strong comp. It is slightly larger at 1,271 SqFt and closed on April 10, 2026, for $342,000 ($269.08/SqFt).
  • The Outlier: 1719 Vegas Valley Drive (1,178 SqFt) sold very low at $290,000. Given its price per square foot ($246.18), this was likely a distressed property or an off-market deal, meaning we shouldn't anchor our expectations to this floor.
The Active Competition (The "Reach")

Looking at what is currently sitting on the market gives us an idea of who you are competing against today.

  • 2803 Talbot Street: This home is an exact square footage match (1,161 SqFt) but is currently listed for $460,000 ($396.21/SqFt). Based on the sold data, this property is significantly overpriced and is likely sitting to test the market.
The Reality Check (Under Contract)

Properties that are "Under Contract" tell us where buyers are actually pulling the trigger right now.

  • 1659 Palma Vista Avenue: This home is noticeably larger than the subject property (1,503 SqFt) but went under contract with a list price of $359,500.
  • 1972 Palma Vista Avenue: Another larger home (1,470 SqFt) went under contract listed at $384,998.
The Justification

If we price the home at $355,000 to $365,000, we hit the "Sweet Spot" between our two best sold comps—La Brisa at $342,000 and Palora at $370,000. It signals to appraisers that we are grounded in recent historical data. Buyers looking at the 1,161 SqFt home on Talbot St for $460,000 will immediately see your listing as the superior value in the neighborhood, allowing you to capture the buyers they are pushing away with their inflated price. With larger homes going under contract in the $360k–$385k range, pricing firmly in the mid-$350s generates immediate foot traffic, urgency, and the potential for multiple offers.

Automated Market Valuations

Aggregated algorithmic estimates for the subject property.

CoreLogic RealAVM™ $287,200
HouseCanary Value $318,143
Redfin Estimate $317,942
Realtor.com Estimate $313,593

*Note: The Zillow Zestimate is currently unavailable/off-market for this property.

Market Strength Analysis: 89169

Current Market Action Index

35

Slight Seller's Advantage

An index above 30 generally implies a Seller's Market. For the 89169 zip code, the index currently sits at 35 with an active inventory holding steady around 27 homes. While the market is showing signs of cooling with slightly more supply coming on, recent weeks have actually seen prices trend higher. For you as a seller, this slight advantage means you maintain strong negotiating leverage and upward pricing pressure, provided the home is priced strategically against active competitors.

CMA Search Boundaries:
North: Karen Ave  |  East: Eastern Ave  |  South: Desert Inn Rd  |  West: Maryland Pkwy

Market Data Analysis

Recently Sold (Past 6 Months)

Address Beds/Baths SqFt Lot SqFt Yr Built Sold Price $/SqFt Pool DOM
1692 Palora Avenue 4 / 2 1,161 6,970 1961 $370,000 $318.69 No 12
1945 La Brisa Avenue 3 / 2 1,271 6,970 1963 $342,000 $269.08 No 4
1613 Capistrano Avenue 3 / 2 1,178 6,970 1961 $375,000 $318.34 Yes 65
1719 Vegas Valley Drive 3 / 2 1,178 6,970 1961 $290,000 $246.18 No 20

Active Listings

Address Beds/Baths SqFt Lot SqFt Yr Built List Price $/SqFt Pool
1679 Raindance Way 4 / 3 2,861 9,148 1964 $599,888 $209.68 Yes
1589 Silver Mesa Way 4 / 2 2,048 8,712 1964 $520,000 $253.91 Yes
2803 Talbot Street 4 / 3 1,161 7,405 1963 $460,000 $396.21 No

Under Contract / Pending

Address Beds/Baths SqFt Lot SqFt Yr Built List Price $/SqFt Pool
2180 Palora Avenue 5 / 2 1,922 7,405 1965 $509,900 $265.30 Yes
1972 Palma Vista Avenue 3 / 2 1,470 6,970 1963 $384,998 $261.90 No
1659 Palma Vista Avenue 3 / 2 1,503 7,405 1961 $359,500 $239.19 No

Preferred Professional Partners

Lending

Kelly Graham

Merit Lending

Title & Escrow

Debbie Miller

Core Title

Attorney

Bud Stoddard

Albright, Stoddard, Warnick & Albright