NOT LISTED FOR SALE

1401 N Michael Way Unit 108 Las Vegas, NV 89108

Michael Way Neighborhood

Estimated Value: $225,000 - $234,182

2 Beds
2 Baths
1,067 Sq Ft
$173/mo HOA Fee

Last Sold May 22, 2023

Last sale price $220,000 $206 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,504/month

7 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Covered patio or porch
  • Gated Community
  • Community Pool
  • Double Pane Windows

About This Home

As of May 2023

Beautiful first floor, 1 level, 2 bedroom & 2 bathroom condo with a covered patio in the gated Mannetta Condo Las Vegas Community. New paint inside, new blinds and an open floor plan welcome you home. The spacious primary bedroom has a large tub and a big walk in closet. No Carpet! The 2nd bedroom is also big and separated from the primary. Washer, dryer and refrigerator are included. Two TVs currently in the property stay. There is a large storage closet at the covered patio.

Last Listed By

Colette Diamond

ERA Brokers Consolidated Brokerage Phone: (702) 720-1980 License #BS.0145842 Listed on: 04/18/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $632

Year Built

  • Built in 2000

Lot Details

  • West Facing Home
  • Desert Landscape
  • Property is in excellent condition

HOA Fees

  • $173 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 1,067 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking
  • Assigned Parking

Schools

  • Culley Elementary School
  • Gibson Robert O. Middle School
  • Western High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Shared Well
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Covered patio or porch

Community Details

Overview

  • Association fees include management, ground maintenance, sewer, trash, water
  • Mannetta Lane Condos Association, Phone Number (702) 982-0430
  • Built by Mannetta
  • Mannetta Lane Condo Subdivision, Valencia Floorplan
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$632

Year Built

Built in 2000

Lot Details

0

HOA Fees

$173 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1357
  • Ownership: Condominium
  • Subdivision Name: Mannetta Lane Condo
  • Directions: From Jones & 95, North to Washington, East (R) to N Michael Way, North(L) to Mannetta Condo Gate on the left, thru gate, right, 2nd bldg on the right, condo faces street
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Efficiency: Windows
  • Property Attached Yn: Yes
  • Year Built Details: RESALE
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Attribution Contact: (702) 720-1980
  • Special Features: VirtualTour
  • Year Built: 2000

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs, Window Treatments
  • Living Area: 1067.0
  • Window Features: Blinds, Double Pane Windows, Window Treatments

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Builder Name: Mannetta
  • Construction Type: Drywall
  • Direction Faces: West
  • Exterior Features: Patio
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Excellent, Resale
  • Roof: Tile

Garage/Parking

  • Parking Features: Assigned, Covered, Guest

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level, Laundry Room
  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Community/Coop, Shared Well

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Gated, Park, Pool, Spa/Hot Tub
  • Association #2 Fee: 173.0
  • Association #2 Fee Frequency: Monthly
  • Association Name: Mannetta Lane Condos
  • Phone: 702-982-0430
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Sewer, Trash, Water

Schools

  • Elementary School: Culley, Paul E.,Culley, Paul E.
  • High School: Western
  • Middle Or Junior School: Gibson Robert O.

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 5911.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 632.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
May 15, 2023
Sold by
Ortstadt John and Ortstadt Jennifer
Bought by
Ocran William C
Seller's Agent
Colette Diamond
ERA Brokers Consolidated
Buyer's Agent
Augustina Asiedu-Boakye
Fathom Realty
List Price
$223,000
Sold Price
$220,000
Premium/Discount to List
-$3,000
-1.35%
Total Days on Market
7
Views
36
Current Estimated Value
$229,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,546
Avg. Annual Appreciation
2.20%
Original Mortgage
$198,000
Outstanding Balance
$193,447
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$36,099

Purchase Details

Listed on
Apr 13, 2021
Closed on
Aug 13, 2021
Sold by
Nilawat Rutana and Vena Goya
Bought by
Ortstadt John and Ortstadt Jennifer
Seller's Agent
Diane Sirikhan
Lyons Share Real Estate
Buyer's Agent
Colette Diamond
ERA Brokers Consolidated
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.76%
Original Mortgage
$123,750
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 2015
Sold by
Nilawat Rutana
Bought by
Nilawat Rutana and Boya Vena

Purchase Details

Closed on
Oct 9, 2013
Sold by
Johnson Darryl Lynell
Bought by
Nilwat Rutana

Purchase Details

Closed on
Aug 26, 2005
Sold by
Haroian Eranui
Bought by
Johnson Darryl Lynell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 25, 2005
Sold by
Johnson Rosalie Ann
Bought by
Johnson Darryl Lynell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 26, 2004
Sold by
Myers Gary L
Bought by
Harcian Eranui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
6.09%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 26, 2001
Sold by
Mannetta Lane Joint Venture
Bought by
Myers Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,717
Interest Rate
6.67%
Mortgage Type
FHA

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ocran William C $220,000 First American Title
Ortstadt John $165,000 First American Title Insu
Nilawat Rutana -- First American Title Insu
Nilawat Rutana $63,569 None Available
Nilwat Rutana $65,500 National Title Co
Johnson Darryl Lynell $162,000 Nevada Title Company
Johnson Darryl Lynell -- Nevada Title Company
Harcian Eranui $127,500 Nevada Title Company
Myers Gary L $96,616 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocran William C $198,000
Previous Owner Ortstadt John $123,750
Previous Owner Johnson Darryl Lynell $129,600
Previous Owner Johnson Darryl Lynell $129,600
Previous Owner Harcian Eranui $101,600
Previous Owner Myers Gary L $93,717
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $220,000 -1.3% $206 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $223,000 0.0% $209 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $223,000 +35.2% $209 / Sq Ft
08/16/2021 08/16/21 Sold $165,000 0.0% $155 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $165,000 -- $155 / Sq Ft
Source: Las Vegas REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $702 $47,705 $16,450 $31,255
2024 $650 $47,705 $16,450 $31,255
2023 $650 $49,144 $20,300 $28,844
2022 $632 $43,767 $17,150 $26,617
2021 $585 $40,683 $14,875 $25,808
2020 $540 $41,416 $15,750 $25,666
2019 $506 $39,812 $14,350 $25,462
2018 $483 $32,163 $7,350 $24,813
2017 $743 $22,663 $4,900 $17,763
2016 $454 $22,249 $4,900 $17,349
2015 $452 $19,542 $3,850 $15,692
2014 $437 $14,287 $2,800 $11,487
Source: Public Records

Agents Affiliated with this Home

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Source: Las Vegas REALTORS®

MLS Number: 2489013

Las Vegas REALTORS®

APN: 138-25-117-081