NOT LISTED FOR SALE

5000 Clouds Rest Ave Las Vegas, NV 89108

Michael Way Neighborhood

Estimated Value: $418,823 - $471,000

4 Beds
2 Baths
1,860 Sq Ft
$237/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $395,000 $212 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,454/month

8 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Laundry Room
  • Corner Lot
  • 2 Car Attached Garage
  • Landscaped

About This Home

As of November 2023

Investors Dream! Rare Fixer with Great Potential ** 4 Bedroom and 2 Full Bath Single Family Home on Corner Lot with 2 Car Garage ** Traditional floor plan with vaulted ceilings ** Kitchen has all appliances, laminate flooring, countertop and pantry ** Master Bedroom with dual vanity, soaking tub, separate shower and very large walk-in-closet ** Needs carpet and paint ** Ample room for RV parking ** So much potential

Last Agent to Sell the Property

Terri Gamboa

Realty ONE Group, Inc Brokerage Phone: (702) 528-5473 License #S.0066408 Listed on: 08/21/2023

Realty ONE Group, Inc

Last Buyer's Agent

Albert White

Lyons Share Real Estate License #BS.0046773

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,466

Year Built

  • Built in 1998

Lot Details

  • 7,841 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Property is in below average condition

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Reed Elementary School
  • Molasky I Middle School
  • Cimarron-Memorial High School

Utilities

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

Community Details

  • No Home Owners Association
  • Country Lane Phase 2 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,466

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Subdivision Name: Country Lane-Phase 2
  • Directions: FROM I-95N AND CHEYENNE AVE, HEAD EAST ON CHEYENNE, TURN RIGHT ON MICHAEL WAY, TURN LEFT ON CLOUDS REST AVE. PROPERTY WILL BE AT THE END OF THE STREET ON THE LEFT.
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: (702) 528-5473
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1998

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs
  • Living Area: 1860.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Corner Lot, Landscaped, Rocks, < 1/4 Acre
  • Pool Private: No
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Private Yard
  • Property Condition: Poor Condition, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener, Inside Entrance, RV Access/Parking

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
  • 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

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

Schools

  • Elementary School: Reed, Doris M.,Reed, Doris M.
  • High School: Cimarron-Memorial
  • Middle Or Junior School: Molasky I

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 7841.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1466.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Nov 1, 2023
Sold by
Romero Francisco Sanchez
Bought by
Ramos Norma A
Seller's Agent
Terri Gamboa
Realty ONE Group, Inc
Buyer's Agent
Albert White
Lyons Share Real Estate
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Views
34
Current Estimated Value
$441,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,206
Avg. Annual Appreciation
5.31%
Original Mortgage
$375,250
Outstanding Balance
$368,306
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$72,900

Purchase Details

Listed on
Aug 21, 2023
Closed on
Oct 25, 2023
Sold by
Ralph Ferrante Sr Revocable Trust
Bought by
Cruz Carmela Garcia
Seller's Agent
Terri Gamboa
Realty ONE Group, Inc
Buyer's Agent
Albert White
Lyons Share Real Estate
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,250
Outstanding Balance
$368,306
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$72,900

Purchase Details

Closed on
Jun 10, 2020
Sold by
Ferrante Ralph
Bought by
Ferrante Ralph and Ralph Ferrante Sr Revocable Tr

Purchase Details

Closed on
Aug 27, 2010
Sold by
Ferrante Christopher
Bought by
Ferrante Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.51%
Mortgage Type
New Conventional
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
Ramos Norma A -- Noble Title
Cruz Carmela Garcia $395,000 Noble Title
Ferrante Ralph -- Accommodation
Ferrante Ralph -- Community Title Services Of
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Carmela Garcia $375,250
Previous Owner Ferrante Ralph $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2023 11/02/23 Sold $395,000 -1.0% $212 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $399,000 -- $215 / 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 $1,630 $96,857 $30,100 $66,757
2024 $1,510 $96,857 $30,100 $66,757
2023 $1,583 $95,258 $31,850 $63,408
2022 $1,466 $83,249 $25,200 $58,049
2021 $1,424 $80,179 $24,850 $55,329
2020 $1,429 $78,748 $23,800 $54,948
2019 $1,339 $74,500 $20,300 $54,200
2018 $1,300 $67,486 $15,400 $52,086
2017 $2,045 $62,387 $14,350 $48,037
2016 $1,232 $49,838 $10,150 $39,688
2015 $1,229 $41,502 $7,000 $34,502
2014 $1,191 $35,237 $6,300 $28,937
Source: Public Records

Agents Affiliated with this Home

  • Terri Gamboa

    Seller's Agent in 2023

    Terri Gamboa

    Realty ONE Group, Inc

    (702) 528-5473

    5 in this area

    72 Total Sales

    Terri Gamboa
    Section Image

  • A

    Buyer's Agent in 2023

    Albert White

    Lyons Share Real Estate

    6 in this area

    49 Total Sales

    Albert White
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2521767

Las Vegas REALTORS®

APN: 138-13-611-040

Nevada Clark County Las Vegas 89108 Michael Way

5000 Clouds Rest Ave, Las Vegas, NV

Not Listed for Sale

Detached

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