$165,000
SOLD AUG 16, 2021

1401 N Michael Way Unit 108 Las Vegas, NV 89108

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

Recently Sold

$155 Per Sq Ft

94 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Laundry Room
  • Clubhouse
  • Community Pool
  • Tile Flooring

About This Home

As of May 2023

First Floor Unit in located in Gated Community of Mannetta Lane. 2 Bedrooms & 2 Full Baths Laminate/Tile flooring throughout home. No carpet. Great Investment opportunity or Starter home. Beautiful community with pool & spa, clubhouse, fitness center. Minutes away from shopping, medical center, restaurants, freeways, and more.

Last Agent to Sell the Property

Diane Sirikhan

Lyons Share Real Estate License #S.0172223 Listed on: 04/13/2021

Last Buyer's Agent

Colette Diamond

ERA Brokers Consolidated License #BS.0145842

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $540

Year Built

  • Built in 2000

Lot Details

  • North Facing Home
  • Desert Landscape
  • Property is in good condition

HOA Fees

  • $173 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Tile Roof

Interior Spaces

  • 1,067 Sq Ft Home
  • Blinds

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities

Community Details

Overview

  • Association fees include management, ground maintenance, water
  • Manetta Lane HOA, Phone Number (702) 362-6262
  • Mannetta Lane Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$540

Year Built

Built in 2000

Lot Details

0

HOA Fees

$173 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Mannetta Lane Condo
  • Directions: EAST ON VEGAS DRIVE FROM JONES, SOUTH ON MICHAEL WAY, RIGHT INTO MANNETTA LANE COMPLEX, RIGHT AFTER GATE
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Year Built Details: RESALE
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Year Built: 2000

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, 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
  • Living Area: 1067.0
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: North
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Laundry Features: Gas Dryer Hookup, 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: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Gated, Pool
  • Association Fee: 173.0
  • Association Fee Frequency: Monthly
  • Association Name: Manetta Lane HOA
  • Phone: 702-362-6262
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Horse Amenities: None
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 540.0

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%
Views
36
Current Estimated Value
$227,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,167
Avg. Annual Appreciation
3.40%
Original Mortgage
$198,000
Outstanding Balance
$193,447
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$43,325

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $220,000 First American Title
Bargain Sale Deed $165,000 First American Title Insu
Quit Claim Deed -- First American Title Insu
Quit Claim Deed $63,569 None Available
Trustee Deed $65,500 National Title Co
Bargain Sale Deed $162,000 Nevada Title Company
Interfamily Deed Transfer -- Nevada Title Company
Bargain Sale Deed $127,500 Nevada Title Company
Bargain Sale Deed $96,616 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,000 New Conventional
Previous Owner $123,750 Commercial
Previous Owner $129,600 Fannie Mae Freddie Mac
Previous Owner $129,600 Negative Amortization
Previous Owner $101,600 Stand Alone First
Previous Owner $93,717 FHA
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 $454 $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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Map

Source: Las Vegas REALTORS®

MLS Number: 2285927

Las Vegas REALTORS®

APN: 138-25-117-081