$595,000 - $756,000
RENTED MAR 7, 2025

505 Mckellar Cir Unit 1 Las Vegas, NV 89119

University District Neighborhood
2 Beds
1 Bath
900 Sq Ft
$728 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Ceramic Tile Flooring
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • West Facing Home

About This Home

As of March 2025

Charming 2BED/2BATH-First floor apartment located near the Las Vegas Strip
This spacious first-floor unit offers comfortable living with a large open living room, dining area, and kitchen. Perfectly located near the Las Vegas Strip and Flamingo Boulevard, you’ll have easy access to a variety of entertainment and dining options. Enjoy the convenience of an onsite laundry room within the community. Don’t miss out—schedule a viewing today!

Last Agent to Rent the Property

Jason Mattson

Orange Realty Group LLC Brokerage Phone: 702-617-0000 License #B.1000577 Listed on: 11/22/2024

Last Renter's Agent

Admin Assistant

NON-MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,732

Year Built

  • Built in 1963

Lot Details

  • 5,227 Sq Ft Lot
  • West Facing Home

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Schools

  • Thomas Elementary School
  • Orr William E. Middle School
  • Valley High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,045
  • Property Available on 11/22/24
  • Tenant pays for cable TV, electricity, gas, sewer, water
  • 12 Month Lease Term

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,732

Year Built

Built in 1963

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Water
  • Available Date: 2024-11-22
  • Security Deposit: 1045.0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.12
  • Subdivision Name: none
  • Directions: FROM FLAMINGO AND PALOS VERDES, NORTH ON PALOS VERDES LEFT ON McKELLAR CIRCLE PROPERTY WILL BE ON YOUR LEFT.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1963
  • ResoPropertyType: ResidentialLease
  • Attribution Contact: 702-617-0000
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Electric Range, Disposal, Refrigerator
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Tile
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Window Treatments
  • Living Area: 900.0
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Pool Private: No
  • Construction Type: Stucco
  • Direction Faces: West
  • Roof: Composition, Pitched, Shingle

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Laundry Features: None
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Schools

  • Elementary School: Thomas, Ruby S.,Thomas, Ruby S.
  • High School: Valley
  • Middle Or Junior School: Orr William E.

Lot Info

  • Lot Size Sq Ft: 5227.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2022
Sold by
Ortiz Casillas Rosa
Bought by
Ortiz Jesse A
Current Estimated Value
$655,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,722
Outstanding Balance
$414,530
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$240,922

Purchase Details

Closed on
May 4, 2022
Sold by
Ortiz Jesse A
Bought by
M & L Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,722
Outstanding Balance
$414,530
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$240,922

Purchase Details

Closed on
May 27, 2005
Sold by
Ortiz Jesus A
Bought by
Ortiz Jesse A and Casillas Rosa Ortiz

Purchase Details

Closed on
Feb 15, 2002
Sold by
Ortiz Casillas Rosa
Bought by
Ortiz Jesus A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,177
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 1999
Sold by
Hud
Bought by
Ortiz Jesus A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,800
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 1998
Sold by
Shannon Patrick
Bought by
Norwest Mtg Corp

Purchase Details

Closed on
Dec 23, 1997
Sold by
Norwest Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Dec 4, 1996
Sold by
Knapp Kathleen C
Bought by
Shannon Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,835
Interest Rate
7.62%
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 Buyer Sale Price Title Company
Ortiz Jesse A -- Clear Title
M & L Property Llc $570,000 Clear Title
Ortiz Jesse A -- --
Ortiz Jesus A -- Stewart Title
Ortiz Jesus A -- Stewart Title
Norwest Mtg Corp $142,682 Land Title
Hud -- Land Title
Shannon Patrick $130,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & L Property Llc $438,722
Previous Owner Ortiz Jesus A $181,177
Previous Owner Ortiz Jesus A $153,800
Previous Owner Shannon Patrick $128,835
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2025 03/07/25 Rented $1,095 +4.8% --
01/08/2025 01/08/25 Under Contract -- -- --
12/31/2024 12/31/24 For Rent $1,045 0.0% --
12/18/2024 12/18/24 Under Contract -- -- --
12/10/2024 12/10/24 Price Changed $1,045 -4.6% $1 / Sq Ft
11/22/2024 11/22/24 For Rent $1,095 0.0% --
09/16/2024 09/16/24 Rented $1,095 0.0% --
06/28/2024 06/28/24 Price Changed $1,095 -8.4% $0 / Sq Ft
04/05/2024 04/05/24 For Rent $1,195 -- --
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 $1,732 $73,667 $40,600 $33,067
2024 $1,571 $73,667 $40,600 $33,067
2023 $1,571 $61,132 $32,200 $28,932
2022 $1,455 $57,698 $30,800 $26,898
2021 $1,347 $53,069 $28,000 $25,069
2020 $1,248 $52,570 $28,000 $24,570
2019 $1,170 $50,444 $26,600 $23,844
2018 $1,116 $47,740 $25,200 $22,540
2017 $1,306 $44,523 $22,400 $22,123
2016 $1,046 $41,313 $19,600 $21,713
2015 $1,045 $37,749 $16,800 $20,949
2014 $1,012 $33,493 $15,400 $18,093
Source: Public Records

Agents Affiliated with this Home

  • Jason Mattson

    Landlord's Agent in 2025

    Jason Mattson

    Orange Realty Group LLC

    (702) 328-3222

    2 in this area

    136 Total Sales

    Jason Mattson
    Section Image

  • A

    Tenant's Agent in 2025

    Admin Assistant

    NON-MLS OFFICE

    (702) 260-1003

    21 in this area

    5,569 Total Sales

    Admin Assistant
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Map

Source: Las Vegas REALTORS®

MLS Number: 2634904

Las Vegas REALTORS®

APN: 162-15-411-021

Nevada Clark County Las Vegas 89119 University District

505 Mckellar Cir Unit 1, Las Vegas, NV

This home is located at 505 Mckellar Cir Unit 1, Las Vegas, NV 89119 since 22 November 2024 and is currently priced at $655,452. This property was built in 1963. 505 Mckellar Cir Unit 1 is a home located in Clark County with nearby schools including Ruby S Thomas Elementary School, William E. Orr Middle School, and Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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