$55,000
SOLD MAY 24, 2012

1401 N Michael Way Unit 114 Las Vegas, NV 89108

Michael Way Neighborhood
2 Beds
2 Baths
1,259 Sq Ft
$115/mo HOA Fee

Recently Sold

$44 Per Sq Ft

24 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Courtyard
  • Clubhouse
  • Double Pane Windows
  • Ceramic Tile Flooring

About This Home

As of May 2012

NOT a short sale or REO,

Last Agent to Sell the Property

Octavio Escoto

LV City Real Estate License #B.0143373 Listed on: 04/29/2012

Last Buyer's Agent

Ron Hurst

Best Management Team LLC License #S.0042639

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $489

Year Built

  • Built in 2000

Lot Details

  • South Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Property is in good condition

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,259 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

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

Additional Features

  • Energy-Efficient Windows
  • Courtyard

Community Details

Overview

  • Association fees include management, recreation facilities, trash, water
  • Terra West Association, Phone Number (702) 362-6262
  • Mannetta Lane Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$489

Year Built

Built in 2000

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: MANNETTA LANE CONDO
  • Directions: From Vegas Drive and Deactur Go West on Vegas Dr to Michael Way, Turn Left on Michael Way to 1401 N Michael Way
  • Architectural Style: One Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Windows
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1
  • Year Built: 2000

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Gas Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Bedroom on Main Level, None
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Full
  • Lot Features: Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Courtyard
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Covered, Detached Carport, Guest

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Clubhouse, Fitness Center, Pool
  • Association Fee: 115.0
  • Association Fee Frequency: Monthly
  • Association Name: terra west
  • Phone: 702-362-6262
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Recreation Facilities, Trash, Water

Schools

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

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 1210.0
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 489.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2012
Closed on
May 16, 2012
Sold by
Zakikhani Haleh
Bought by
Luong Investment Llc
Seller's Agent
Natham Watanabe
BHHS Nevada Properties
Buyer's Agent
Randy Hatada
Xpand Realty & Property Mgmt
Sold Price
$649
Total Days on Market
24
Current Estimated Value
$236,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,716
Avg. Annual Appreciation
11.76%

Purchase Details

Closed on
Sep 7, 2010
Sold by
U S Bank National Association
Bought by
Zakikhani Haleh

Purchase Details

Closed on
Apr 23, 2010
Sold by
Littles Kevin
Bought by
Us Bank National Association

Purchase Details

Closed on
May 23, 2006
Sold by
Tobin Bruce A and Tobin Connie M
Bought by
Littles Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
9.14%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 21, 2004
Sold by
Filippone Vincent and Filippone Maria
Bought by
Tobin Bruce A and Tobin Connie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,673
Interest Rate
5.39%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2003
Sold by
M & M Imports Rpt
Bought by
Filippone Vincent and Filippone Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
5.75%

Purchase Details

Closed on
Aug 21, 2002
Sold by
Braunstein Michael
Bought by
M & M Imports Rpt

Purchase Details

Closed on
Aug 8, 2002
Sold by
Braunstein Mannetta
Bought by
Braunstein Michael

Purchase Details

Closed on
Apr 8, 2002
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Mar 20, 2002
Sold by
Aichs Rebecca L
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Sep 29, 2000
Sold by
Manetta Lane Joint Venture
Bought by
Aichs Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,900
Interest Rate
7.98%
Mortgage Type
FHA
Source: Public Records

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 Type Sale Price Title Company
Bargain Sale Deed $55,000 Nevada Title Las Vegas
Bargain Sale Deed $40,000 Noble Title
Trustee Deed $50,000 Accommodation
Bargain Sale Deed $189,000 Ticor Title Of Nevada Inc
Bargain Sale Deed $140,900 United Title Of Nevada
Bargain Sale Deed $106,900 Nevada Title Company
Quit Claim Deed -- Nevada Title Company
Interfamily Deed Transfer -- First American Title Co
Grant Deed $89,000 First American Title Co
Grant Deed $109,853 Equity Title
Trustee Deed $109,853 Equity Title
Bargain Sale Deed $100,978 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $151,200 Balloon
Previous Owner $35,950 Stand Alone Second
Previous Owner $136,673 FHA
Previous Owner $63,500 No Value Available
Previous Owner $97,900 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2012 05/24/12 Sold $55,000 0.0% $44 / Sq Ft
05/24/2012 05/24/12 For Rent $649 0.0% --
05/24/2012 05/24/12 Rented $649 0.0% --
04/29/2012 04/29/12 For Sale $55,000 -- $44 / 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 $801 $51,276 $16,450 $34,826
2024 $742 $51,276 $16,450 $34,826
2023 $742 $52,403 $20,300 $32,103
2022 $687 $46,764 $17,150 $29,614
2021 $637 $43,628 $14,875 $28,753
2020 $588 $44,328 $15,750 $28,578
2019 $551 $42,672 $14,350 $28,322
2018 $526 $34,941 $7,350 $27,591
2017 $809 $24,680 $4,900 $19,780
2016 $494 $24,197 $4,900 $19,297
2015 $492 $21,249 $3,850 $17,399
2014 $476 $15,640 $2,800 $12,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1246620

Las Vegas REALTORS®

APN: 138-25-117-068