$50,000
SOLD JAN 19, 2016

4516 W Lake Mead Blvd Unit 201 Las Vegas, NV 89108

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

Recently Sold

$46 Per Sq Ft

5% Below List Price

57 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Laundry closet
  • Central Heating and Cooling System
  • Community Pool
  • Desert Landscape
  • South Facing Home

About This Home

As of April 2018

Great second floor condo with over 1,000 sqft. Cozy Fireplace in living room, 2 bedrooms and 2 full baths, master has a nice walk in closet. Near schools, shopping, restaurants and parks. Kitchen sink base will need to be replaced and counter tops reinstalled.

Last Agent to Sell the Property

Brian Horner

Real Estate One LLC License #B.0016647 Listed on: 10/23/2015

Real Estate One LLC

Last Buyer's Agent

Jeff Ehlert

Blue Diamond Realty LLC License #S.0174076

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $678

Year Built

  • Built in 1994

Lot Details

  • South Facing Home
  • Desert Landscape
  • Property is in below average condition

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,081 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Gas Dryer Hookup

Parking

  • Covered Parking
  • Open Parking
  • Assigned Parking

Schools

  • Fyfe Ruth 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 management
  • Rancho Sierra Association, Phone Number (702) 736-9450
  • Rancho Sierra Condo Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$678

Year Built

Built in 1994

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: RANCHO SIERRA CONDO
  • Directions: From Decatur and Lake Mead, East on Lake Mead, North into Rancho Sierra Condos on the left.
  • Architectural Style: Two Story
  • Carport Y N: No
  • 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: Dishwasher, Disposal, Gas Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Vinyl
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs, None
  • Living Area: 1081.0

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, None
  • Pool Features: Community
  • Pool Private: No
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Property Condition: Poor Condition, Resale
  • Roof: Tile

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Assigned, Covered, Open

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet
  • 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
  • Association Fee: 160.0
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Sierra
  • Phone: 702-736-9450
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Elementary School: Fyfe Ruth,Fyfe Ruth
  • High School: Western
  • Middle Or Junior School: Brinley J. Harold*

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 678.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Apr 18, 2018
Sold by
Frontier Estates Llc
Bought by
Hahn Julie and Hahn John
Seller's Agent
Alma Bohn
Signature Real Estate Group
Buyer's Agent
Frank Tenuta
Signature Real Estate Group
Sold Price
$975
Current Estimated Value
$199,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,616
Avg. Annual Appreciation
8.34%
Original Mortgage
$76,500
Outstanding Balance
$65,819
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$133,772

Purchase Details

Listed on
Feb 8, 2016
Closed on
Jan 16, 2016
Sold by
Cahill John J
Bought by
Frontier Estates Llc
Seller's Agent
Jeff Ehlert
Blue Diamond Realty LLC
Buyer's Agent
April Kiper-Washington
Keller Williams MarketPlace
Sold Price
$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
41.75%
Original Mortgage
$45,000
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 2014
Sold by
Fitzpatrick Laura B
Bought by
Schwartz Jeremy L

Purchase Details

Closed on
Nov 30, 2010
Sold by
4516 W Lake Mead Nv Llc
Bought by
Schwartz Jeremy L

Purchase Details

Closed on
Nov 24, 2009
Sold by
Us Properties Nevada Llc
Bought by
4516 W Lake Mead Nv Llc

Purchase Details

Closed on
Nov 4, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Us Properties Of Nevada Llc

Purchase Details

Closed on
Jul 10, 2009
Sold by
Guzman Rogelio
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Sep 15, 2005
Sold by
Guzman Mary S
Bought by
Guzman Rogelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 2003
Sold by
Moran Laura
Bought by
Moran Ricardo L and Moran Ana M

Purchase Details

Closed on
Feb 22, 2002
Sold by
Mower Le Anna
Bought by
Moran Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,900
Interest Rate
6.89%

Purchase Details

Closed on
Mar 21, 1994
Sold by
Rvj Rancho Sierra
Bought by
Mower Le Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
8.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $110,000 Ticor Title Las Vegas
Bargain Sale Deed $50,000 Netco
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $1,793 None Available
Bargain Sale Deed $40,950 Direct Title Insurance Agen
Bargain Sale Deed $81,000 National Title Company
Bargain Sale Deed $32,500 Ticor Title Las Vegas
Trustee Deed $35,000 Servicelink
Interfamily Deed Transfer -- Old Republic Title Co Of Nv
Bargain Sale Deed $130,000 Old Republic Title Co Of Nv
Interfamily Deed Transfer $78,000 First American Title Company
Bargain Sale Deed $78,800 First American Title Co
Grant Deed $70,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $76,500 New Conventional
Previous Owner $45,000 Unknown
Previous Owner $104,000 Unknown
Previous Owner $70,900 No Value Available
Previous Owner $67,500 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2018 05/09/18 For Rent $975 0.0% --
05/09/2018 05/09/18 Rented $975 0.0% --
04/24/2018 04/24/18 Sold $110,000 -8.3% $102 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $119,990 0.0% $111 / Sq Ft
02/08/2016 02/08/16 For Rent $850 -5.6% --
02/08/2016 02/08/16 Rented $900 0.0% --
01/19/2016 01/19/16 Sold $50,000 -4.8% $46 / Sq Ft
12/20/2015 12/20/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $52,500 -- $49 / 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 $428 $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 $679 $19,052 $3,150 $15,902
2014 $446 $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: 1583359

Las Vegas REALTORS®

APN: 139-19-214-072