NOT LISTED FOR SALE

5005 Running Rapids Ave Las Vegas, NV 89130

North Cheyenne Neighborhood

Estimated Value: $376,132 - $387,000

3 Beds
2.5 Baths
1,437 Sq Ft
$266/Sq Ft Est. Value

Last Sold January 10, 2017

Last sale price $177,000 $123 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,171/month

31 Days on Market

Highlights

  • Gated Community
  • Patio
  • Laundry Room
  • 2 Car Attached Garage
  • Community Playground
  • Desert Landscape

About This Home

As of January 2017

Two story 3 bedroom, 2.5 bath home located within gated community with a community park. Big yard. Great location!

Last Agent to Sell the Property

Heather Jemison

Simply Vegas License #S.0055442 Listed on: 11/09/2016

Simply Vegas

Last Buyer's Agent

MANUEL OLIVAS

LIFE Realty District License #BS.0045018

LIFE Realty District

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $951

Year Built

  • Built in 1999

Lot Details

  • 4,356 Sq Ft Lot
  • North Facing Home
  • Back Yard Fenced
  • Block Wall Fence
  • Desert Landscape
  • Property is in average condition

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,437 Sq Ft Home
  • 2-Story Property
  • Carpet

Kitchen

  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Patio

Schools

  • Carl Kay* Elementary School
  • Lied Middle School
  • Shadow Ridge High School

Utilities

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

Community Details

Overview

  • Association fees include management
  • Meadow Ridge 2 Association, Phone Number (702) 851-7660
  • Tropical Thom Unit 1 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$951

Year Built

Built in 1999

Lot Details

0

HOA Fees

$34 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Subdivision Name: TROPICAL THOM-UNIT 1
  • Directions: North on I-15N, S Rancho Dr, N on Decatur, L on Tropical, R on Tropical Springs, R on Running Rapids.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1999
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1999

Interior Features

  • Private Spa: No
  • Appliances: Dryer, Disposal, Gas Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: None
  • Living Area: 1437.0

Exterior Features

  • Fencing: Block, Back Yard
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Private: No
  • View: None
  • View: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Exterior Features: Patio, Private Yard
  • Patio And Porch Features: Patio
  • Property Condition: Average Condition, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: 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: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Gated, Playground
  • Association Fee: 34.0
  • Association Fee Frequency: Monthly
  • Association Name: Meadow ridge 2
  • Phone: 702-851-7660
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Elementary School: Carl Kay*,Carl Kay*
  • High School: Shadow Ridge
  • Middle Or Junior School: Lied

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 951.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2016
Closed on
Jan 6, 2017
Sold by
Burrell Trang T
Bought by
Arellano Elizabeth Gallegos and Gomez Alberto
Seller's Agent
Heather Jemison
Simply Vegas
Buyer's Agent
MANUEL OLIVAS
LIFE Realty District
List Price
$179,000
Sold Price
$177,000
Premium/Discount to List
-$2,000
-1.12%
Current Estimated Value
$382,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,078
Avg. Annual Appreciation
9.00%
Original Mortgage
$168,150
Outstanding Balance
$138,214
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$244,570

Purchase Details

Closed on
Jun 11, 2003
Sold by
Chambers Loren G
Bought by
Burrell Trang T

Purchase Details

Closed on
Jun 9, 2003
Sold by
Payne Roy A and Payne Sherrie L
Bought by
Burrell Trang T

Purchase Details

Closed on
Jul 9, 1999
Sold by
Meadow Ridge 35 Llc
Bought by
Payne Roy A and Payne Sherrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,003
Interest Rate
7.24%
Mortgage Type
FHA
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
Arellano Elizabeth Gallegos $177,000 Lawyers Title Of Nevada
Burrell Trang T -- Old Republic Title Company
Burrell Trang T $155,000 Old Republic Title Company
Payne Roy A $115,500 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arellano Elizabeth Gallegos $168,150
Previous Owner Payne Roy A $115,003
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2017 01/10/17 Sold $177,000 -1.1% $123 / Sq Ft
12/11/2016 12/11/16 Pending -- -- --
11/09/2016 11/09/16 For Sale $179,000 -- $125 / 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 $1,542 $83,483 $31,500 $51,983
2024 $1,429 $83,483 $31,500 $51,983
2023 $1,429 $80,785 $31,500 $49,285
2022 $1,323 $68,193 $23,100 $45,093
2021 $1,225 $63,940 $21,000 $42,940
2020 $1,135 $63,287 $20,650 $42,637
2019 $1,064 $58,471 $16,450 $42,021
2018 $1,015 $52,828 $12,600 $40,228
2017 $1,648 $50,276 $11,200 $39,076
2016 $951 $45,163 $8,750 $36,413
2015 $948 $40,273 $5,950 $34,323
2014 $919 $27,406 $5,250 $22,156
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    Heather Jemison

    Simply Vegas

    (702) 592-6315

    2 in this area

    82 Total Sales

    Heather Jemison
    Section Image
  • MANUEL OLIVAS

    Buyer's Agent in 2017

    MANUEL OLIVAS

    LIFE Realty District

    (702) 279-1436

    77 Total Sales

    MANUEL OLIVAS
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1848178

Las Vegas REALTORS®

APN: 125-25-611-069

Nevada Clark County Las Vegas 89130 North Cheyenne

5005 Running Rapids Ave, Las Vegas, NV

Not Listed for Sale

Detached

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