NOT LISTED FOR SALE

250 E Madison Ave Ely, NV 89301

Estimated Value: $439,000 - $496,000

3 Beds
2 Baths
1,672 Sq Ft
$278/Sq Ft Est. Value

Last Sold July 29, 2025

Last sale price $450,000 $269 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,701/month

58 Days on Market

Highlights

  • Guest House
  • RV Access or Parking
  • Mountain View
  • Horses Allowed On Property
  • 5.68 Acre Lot
  • Private Yard

About This Home

As of July 2025

Welcome to your dream retreat! Nestled on 5.68 acres of scenic beauty, this stunning home offers breathtaking mountain views in every direction & an abundance of natural light through large, thoughtfully placed windows. Main home is a 2 bed 1 bath w/ vaulted ceilings & cozy fireplace in the spacious living area. Kitchen includes a walk-in pantry, perfect for all your storage needs. Primary bedroom is a true sanctuary, featuring a private balcony to soak in the sunrise & sunset views. This property is loaded with extras, including a 1 bed 1 bath casita ideal for guests, a massive 3,266 sq. ft. barn/shop complete w/ an extra room that can be used however you choose. The fully fenced garden area, corrals, & RV parking offer endless opportunities to enjoy country living. With a durable metal roof, plenty of room to roam, and a setting that’s both peaceful & inspiring, this property blends comfort, functionality, & natural beauty. Come experience the lifestyle you’ve been waiting for!

Last Agent to Sell the Property

Shannan Cessford

Desert Mountain Realty, Inc Brokerage Phone: 775-289-3038 License #S.0186536 Listed on: 06/01/2025

Last Buyer's Agent

Shannan Cessford

Desert Mountain Realty, Inc Brokerage Phone: 775-289-3038 License #S.0186536 Listed on: 06/01/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 1984

Lot Details

  • 5.68 Acre Lot
  • South Facing Home
  • Partially Fenced Property
  • Landscaped
  • Private Yard
  • Property is in very good condition

Parking

  • 4 Car Detached Garage
  • Parking Storage or Cabinetry
  • Circular Driveway
  • RV Access or Parking
  • Golf Cart Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,672 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Free Standing Fireplace
  • Blinds
  • Living Room with Fireplace
  • Mountain Views
  • Electric Range

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Patio
  • Outbuilding

Additional Homes

  • Guest House

Schools

  • Norman Elementary School
  • White Pine Middle School
  • White Pine High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • No Cooling
  • Wall Furnace
  • Above Ground Utilities
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Pearce Sub Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,108

Year Built

Built in 1984

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 5.68
  • Subdivision Name: Pearce Sub
  • Directions: From our office head south on E Aultman, turn left onto Great Basin, approx. 1 mile turn left onto Madison and property will be on the left.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1984
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 775-289-3038
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Living Area: 1672.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Pasture, Partial
  • Lot Features: 5-10 Acres, Landscaped, Rocks
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Direction Faces: South
  • Exterior Features: Balcony, Circular Driveway, Out Building(s), Patio, Private Yard, RV Hookup
  • Other Structures: Guest House, Outbuilding
  • Patio And Porch Features: Balcony, Patio
  • Property Condition: Resale, Very Good Condition
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Detached, Garage, Golf Cart Garage, Private, RV Hook-Ups, RV Access/Parking, Storage

Utilities

  • Laundry Features: Electric Dryer Hookup, Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Septic Tank
  • Utilities: Above Ground Utilities, Septic Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Elementary School: Norman, David E.,Norman, David E.
  • High School: White Pine High School
  • Middle Or Junior School: White Pine Middle School

Lot Info

  • Horse Amenities: Corral(s), Horses Allowed
  • Lot Size Sq Ft: 247421.0
  • Additional Parcels Description: ---
  • Zoning Description: Horses Permitted,Single Family

Tax Info

  • Tax Annual Amount: 3108.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2025
Closed on
Jul 11, 2025
Sold by
Mcnutt Shauna and Mcnutt Jason
Bought by
Leisey Jason A
Seller's Agent
Shannan Cessford
Desert Mountain Realty, Inc
Buyer's Agent
Shannan Cessford
Desert Mountain Realty, Inc
List Price
$489,000
Sold Price
$450,000
Premium/Discount to List
-$39,000
-7.98%
Views
36
Current Estimated Value
$464,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,627
Avg. Annual Appreciation
9.29%
Original Mortgage
$349,600
Outstanding Balance
$347,184
Interest Rate
5.97%
Mortgage Type
New Conventional
Estimated Equity
$117,443
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leisey Jason A $450,000 Stewart Title Guaranty Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leisey Jason A $349,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2025 07/29/25 Sold $450,000 -8.0% $269 / Sq Ft
06/01/2025 06/01/25 For Sale $489,000 +227.1% $292 / Sq Ft
08/09/2016 08/09/16 Sold $149,500 0.0% $113 / Sq Ft View Prior Sale
07/10/2016 07/10/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $149,500 -- $113 / 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 $3,108 $86,131 $19,252 $66,879
2024 $3,108 $90,854 $19,252 $71,602
2023 $3,108 $77,717 $14,409 $63,308
2022 $2,498 $67,259 $14,409 $52,850
2021 $2,414 $64,971 $14,409 $50,562
2020 $2,257 $61,921 $14,409 $47,512
2019 $2,192 $60,420 $14,409 $46,011
2018 $1,472 $41,443 $14,409 $27,034
2017 $1,430 $41,849 $14,409 $27,440
2016 $1,341 $34,854 $11,522 $23,332
2015 $1,204 $34,971 $11,522 $23,449
2014 $1,204 $34,854 $11,522 $23,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2688502

Las Vegas REALTORS®

APN: 005-341-10