$127,000
SOLD OCT 21, 2022

4320 W Lake Mead Blvd Unit 101 Las Vegas, NV 89108

Michael Way Neighborhood
2 Beds
2 Baths
1,081 Sq Ft
$160/mo HOA Fee

Recently Sold

$117 Per Sq Ft

31% Below List Price

62 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Enclosed patio or porch
  • Guest Parking
  • Community Pool
  • Tile Flooring
  • 1 Detached Carport Space

About This Home

As of March 2023

Investor special! Come one, come all! This home is the perfect canvas for a fix and flip or a great opportunity to make your new home YOURS. The kitchen has been gutted. All appliances will remain in the home, including the washer and dryer. The patio is completely enclosed. Come witness for yourself and let your imagination run wild!

Last Agent to Sell the Property

Chastdy King

Signature Real Estate Group License #S.0192646 Listed on: 08/19/2022

Last Buyer's Agent

Chastdy King

Signature Real Estate Group License #S.0192646 Listed on: 08/19/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $552

Year Built

  • Built in 1994

Lot Details

  • South Facing Home
  • Fenced Front Yard
  • Block Wall Fence
  • Brick Fence
  • Desert Landscape
  • Property is in below average condition

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Fixer Upper
  • Shingle Roof
  • Tile Roof
  • Composition Roof

Interior Spaces

  • 1,081 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Enclosed patio or porch

Schools

  • Reed Doris Elementary School
  • Brinley J. Harold Middle School
  • Western High School

Utilities

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

Community Details

Overview

  • Association fees include ground maintenance
  • Rancho Sierra Condo Association, Phone Number (702) 736-9450
  • Rancho Sierra Condo Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$552

Year Built

Built in 1994

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.0609
  • Subdivision Name: Rancho Sierra Condo
  • Directions: From Decatur and Lake Mead - East on Lake Mead. The Rancho Sierra Condos will be on your left.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1994
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs
  • Living Area: 1081.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Brick, Front Yard
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Direction Faces: South
  • Patio And Porch Features: Enclosed, Patio
  • Property Condition: Poor Condition, Resale, Fixer
  • Roof: Composition, Shingle, Tile

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, Main Level
  • 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: Pool, Spa/Hot Tub
  • Association #2 Fee: 160.0
  • Association #2 Fee Frequency: Monthly
  • Association Name: Rancho Sierra Condo
  • Phone: 702-736-9450
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Reed Doris,Reed Doris M
  • High School: Western
  • Middle Or Junior School: Brinley J. Harold

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 2653.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 552.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Mar 24, 2023
Sold by
Filho Investments Llc
Bought by
Rabbani Ashique
Seller's Agent
Bruno Guimaraes Gomes Filho
Capdevila Realty LLC
Buyer's Agent
Justin Gannon
Real Broker LLC
List Price
$205,000
Sold Price
$198,000
Premium/Discount to List
-$7,000
-3.41%
Current Estimated Value
$209,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,317
Avg. Annual Appreciation
1.20%
Original Mortgage
$128,000
Outstanding Balance
$124,943
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$78,719

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 20, 2022
Sold by
Jones Brittany B
Bought by
Filho Investments Llc
Seller's Agent
Chastdy King
Signature Real Estate Group
Buyer's Agent
Chastdy King
Signature Real Estate Group
List Price
$184,888
Sold Price
$127,000
Premium/Discount to List
-$57,888
-31.31%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
174.36%
Original Mortgage
$141,400
Interest Rate
5.89%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 6, 2013
Closed on
Jan 9, 2014
Sold by
Dakis Kathy S
Bought by
Jones Brittany B
Seller's Agent
Dion Dakis
Vegas One Realty
Buyer's Agent
Mary Kay Beckman
Keller Williams Realty Las Veg
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Sep 18, 2013
Sold by
Castellon Rafael
Bought by
The Dikri Trust

Purchase Details

Closed on
May 7, 2009
Sold by
Castellon Ana
Bought by
Castellon Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
4.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 9, 2009
Sold by
Indymac Federal Bank Fsb
Bought by
Castellon Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
4.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 25, 2008
Sold by
Cruz Generoso A
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Dec 20, 2005
Sold by
Cruz Concepcion
Bought by
Cruz Generoso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,550
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 6, 2005
Sold by
Shaffer Brian and Shaffer Jessica
Bought by
Cruz Generoso A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,550
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 16, 2001
Sold by
Burns Jeffrey L and Metty Burns Rebecca
Bought by
Shaffer Brian and Shaffer Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,265
Interest Rate
7.19%
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 $198,000 Ticor Title
Bargain Sale Deed $127,000 Ticor Title
Bargain Sale Deed $69,900 National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Noble Title
Bargain Sale Deed $43,000 Noble Title
Trustee Deed $101,250 Fidelity National Title
Interfamily Deed Transfer -- Ticor Title Of Nevada Inc
Bargain Sale Deed $143,000 Ticor Title Of Nevada Inc
Bargain Sale Deed $74,500 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,000 New Conventional
Previous Owner $141,400 Construction
Previous Owner $32,000 Unknown
Previous Owner $28,550 Stand Alone Second
Previous Owner $114,400 Unknown
Previous Owner $114,000 Unknown
Previous Owner $72,265 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $198,000 -3.4% $183 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $205,000 +61.4% $190 / Sq Ft
10/21/2022 10/21/22 Sold $127,000 -31.3% $117 / Sq Ft
08/19/2022 08/19/22 For Sale $184,888 +164.5% $171 / Sq Ft
01/14/2014 01/14/14 Sold $69,900 0.0% $65 / Sq Ft
12/15/2013 12/15/13 Pending -- -- --
12/06/2013 12/06/13 For Sale $69,900 -- $65 / 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 $694 $41,536 $15,050 $26,486
2024 $643 $41,536 $15,050 $26,486
2023 $643 $42,788 $18,200 $24,588
2022 $596 $36,089 $13,300 $22,789
2021 $552 $34,420 $12,250 $22,170
2020 $510 $32,989 $10,850 $22,139
2019 $478 $31,875 $9,800 $22,075
2018 $456 $26,838 $5,250 $21,588
2017 $680 $20,740 $4,550 $16,190
2016 $428 $22,124 $4,200 $17,924
2015 $426 $19,052 $3,150 $15,902
2014 $413 $12,545 $3,150 $9,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2429506

Las Vegas REALTORS®

APN: 139-19-214-022