$172,000
SOLD FEB 8, 2022

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

Michael Way Neighborhood
2 Beds
2 Baths
1,081 Sq Ft
$282/mo HOA Fee

Recently Sold

$159 Per Sq Ft

1% Above List Price

52 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Double Pane Windows
  • Patio
  • Community Pool
  • High Efficiency Air Conditioning
  • Laundry closet

About This Home

As of February 2022

Don't Miss this Beautiful 2 Bed/2 Bath 2nd Floor Townhouse. As you walk in, you see the Open Floor Plan complete with Laminate flooring and a Gas Fireplace. Highlights include: Spacious bedrooms, Ceiling Fans, Covered Patio, Tons of natural lighting, Walk-in closet, and lots of storage. Community Pool for the hot summer days. HOA fee includes water, sewer and trash. Centrally located. Easy to show contact Bobby Morcom. No rental Restrictions in this community.

Last Agent to Sell the Property

Bobby Morcom

BHHS Nevada Properties License #S.0175810 Listed on: 11/17/2021

BHHS Nevada Properties

Last Buyer's Agent

Damian Einbinder

Home Finder Realty License #B.0146854

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $545

Year Built

  • Built in 1994

Lot Details

  • West Facing Home
  • Desert Landscape
  • Property is in good condition

HOA Fees

  • $282 Monthly HOA Fees

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,081 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Laminate Flooring

Kitchen

  • Built-In Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Outdoor Features

  • Patio
  • Outdoor Grill

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Heating System Uses Gas
  • Underground Utilities

Community Details

Overview

  • Association fees include management, ground maintenance
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$545

Year Built

Built in 1994

Lot Details

0

HOA Fees

$282 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Rancho Sierra Condo
  • Directions: From Rancho & Lake Mead go West on Lake Mead. 4516 W Lake Mead
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Windows, HVAC
  • 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

  • Private Spa: No
  • Appliances: Built-In Gas Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs
  • Living Area: 1081.0
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Block, Stucco
  • Direction Faces: West
  • Exterior Features: Barbecue, Patio
  • Patio And Porch Features: Patio
  • 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, Laundry Closet
  • Cooling: Electric, High Efficiency
  • Cooling Y N: Yes
  • Heating: Gas, High Efficiency
  • 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: 282.0
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Sierra
  • Phone: 702-222-2391
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds

Schools

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

Lot Info

  • Horse Amenities: None
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 545.0

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
$201,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,117
Avg. Annual Appreciation
4.72%
Original Mortgage
$136,000
Outstanding Balance
$127,344
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$74,576

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

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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 $172,000 Fidelity National Title
Bargain Sale Deed $89,000 Ticor Title Las Vegas
Quit Claim Deed -- None Available
Interfamily Deed Transfer $40,000 None Available
Quit Claim Deed -- None Available
Bargain Sale Deed $34,600 Ticor Title Las Vegas
Trustee Deed $137,302 Fnds
Interfamily Deed Transfer -- Chicago Title
Bargain Sale Deed $160,000 Chicago Title
Interfamily Deed Transfer -- United Title
Bargain Sale Deed $72,000 United Title
Interfamily Deed Transfer -- United Title
Grant Deed $70,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,000 New Conventional
Previous Owner $86,000 New Conventional
Previous Owner $86,330 New Conventional
Previous Owner $128,000 Unknown
Previous Owner $64,800 No Value Available
Previous Owner $67,850 FHA
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

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Map

Source: Las Vegas REALTORS®

MLS Number: 2350277

Las Vegas REALTORS®

APN: 139-19-214-071