NOT LISTED FOR SALE

4516 W Lake Mead Blvd Unit 202 Las Vegas, NV 89108

Michael Way Neighborhood

Estimated Value: $189,000 - $207,000

2 Beds
2 Baths
1,081 Sq Ft
0.47 Acres

Last Sold February 08, 2022

Last sale price $172,000 $159 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,101/month

Highlights

  • Community Pool
  • Guest Parking
  • Ceiling Fan
  • Laundry closet
  • Central Heating and Cooling System
  • Washer and Dryer

About This Home

As of June 2022

Lovely condo featuring a large living room with a gas fireplace, large master bedroom with walk in closet, ceiling fans, really nice kitchen, and laminate flooring throughout! It is all ready, all you need to do is start packing!

Last Agent to Rent the Property

Victoria Mitchum

Love Las Vegas Realty License #S.0070241 Listed on: 04/21/2022

Last Renter's Agent

April Kiper-Washington

Keller Williams MarketPlace License #S.0076642

Keller Williams MarketPlace

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $685

Year Built

  • Built in 1994

Lot Details

  • North Facing Home

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Guest Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,450
  • Property Available on 4/21/22
  • Tenant pays for cable TV, electricity, gas
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Rancho Sierra Association, Phone Number (702) 222-2391
  • Rancho Sierra Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$685

Year Built

Built in 1994

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas
  • Available Date: 2022-04-21
  • Security Deposit: 1450.0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Subdivision Name: Rancho Sierra Condo
  • Directions: From the 95, North on Decatur, East on Lake Mead and North to the community.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1994
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1081.0
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Block, Stucco
  • Direction Faces: North
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Guest

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool
  • Association: Rancho Sierra
  • Association Phone #2: 702-222-2391
  • Association: Yes
  • Pets Allowed: No

Schools

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

Lot Info

  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Feb 4, 2022
Sold by
Spears Melaniece B
Bought by
Archuleta Joseph A and Archuleta Martha P
Seller's Agent
Bobby Morcom
BHHS Nevada Properties
Buyer's Agent
Damian Einbinder
Home Finder Realty
List Price
$170,000
Sold Price
$172,000
Premium/Discount to List
$2,000
1.18%
Current Estimated Value
$196,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,932
Avg. Annual Appreciation
3.78%
Original Mortgage
$136,000
Outstanding Balance
$126,133
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$70,799

Purchase Details

Listed on
Apr 29, 2017
Closed on
May 26, 2017
Sold by
Incorporated Adomi
Bought by
Spears Melaniece B
Seller's Agent
Sandra Thomas
Zzyzx Realty
Buyer's Agent
Rex Saludo
Evolve Realty
List Price
$89,000
Sold Price
$89,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.22%
Original Mortgage
$86,330
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2015
Sold by
Gulbinas Jonas
Bought by
Incorportated Adomi

Purchase Details

Closed on
Oct 10, 2013
Sold by
Jonas Incorporated
Bought by
Gulbinas Jonas

Purchase Details

Closed on
Oct 1, 2013
Sold by
Klipstaite Patricia
Bought by
Jonas Inc

Purchase Details

Closed on
Oct 8, 2009
Sold by
Citibank Na
Bought by
Klipstaite Patricija

Purchase Details

Closed on
Aug 12, 2009
Sold by
Frias Oscar
Bought by
Citibank Na

Purchase Details

Closed on
Nov 16, 2006
Sold by
Quintana Leticia
Bought by
Frias Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 23, 2006
Sold by
Kim Ok Ja
Bought by
Frias Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 2002
Sold by
Kim Yong J
Bought by
Kim Ok Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
5.88%

Purchase Details

Closed on
Oct 24, 2002
Sold by
Hinds Sandra Jo Heger and Heger Sandra Jo
Bought by
Kim Ok Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
5.88%

Purchase Details

Closed on
Aug 26, 1994
Sold by
Rvj Rancho Sierra
Bought by
Heger Sandra Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,850
Interest Rate
8.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Archuleta Joseph A $172,000 Fidelity National Title
Spears Melaniece B $89,000 Ticor Title Las Vegas
Incorportated Adomi -- None Available
Gulbinas Jonas $40,000 None Available
Jonas Inc -- None Available
Klipstaite Patricija $34,600 Ticor Title Las Vegas
Citibank Na $137,302 Fnds
Frias Oscar -- Chicago Title
Frias Oscar $160,000 Chicago Title
Kim Ok Ja -- United Title
Kim Ok Ja $72,000 United Title
Hinds Sandra Jo Heger -- United Title
Heger Sandra Jo $70,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Archuleta Joseph A $136,000
Previous Owner Spears Melaniece B $86,330
Previous Owner Frias Oscar $128,000
Previous Owner Kim Ok Ja $64,800
Previous Owner Heger Sandra Jo $67,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Rented $1,360 -6.2% --
05/22/2022 05/22/22 Under Contract -- -- --
04/21/2022 04/21/22 For Rent $1,450 0.0% --
02/08/2022 02/08/22 Sold $172,000 +1.2% $159 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
11/17/2021 11/17/21 For Sale $170,000 +91.0% $157 / Sq Ft
06/15/2017 06/15/17 Sold $89,000 0.0% $82 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
04/29/2017 04/29/17 For Sale $89,000 -- $82 / 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 $685 $41,536 $15,050 $26,486
2024 $635 $41,536 $15,050 $26,486
2023 $635 $42,788 $18,200 $24,588
2022 $588 $36,089 $13,300 $22,789
2021 $545 $34,420 $12,250 $22,170
2020 $503 $32,989 $10,850 $22,139
2019 $471 $31,875 $9,800 $22,075
2018 $450 $26,838 $5,250 $21,588
2017 $680 $20,740 $4,550 $16,190
2016 $422 $22,124 $4,200 $17,924
2015 $421 $19,052 $3,150 $15,902
2014 $408 $12,545 $3,150 $9,395
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2389329

Las Vegas REALTORS®

APN: 139-19-214-071