NOT LISTED FOR SALE

5116 Gray Ln Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $149,056 - $213,000

1 Bed
1 Bath
716 Sq Ft
$246/Sq Ft Est. Value

Last Sold September 19, 2018

Last sale price $225,000 $314 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $961/month

1 Day on Market

Highlights

  • Clubhouse
  • Garage
  • Heating Available
  • Central Air
  • Carpet

About This Home

As of September 2018

Investor Special! Amazing opportunity near UNLV, great 4 plex opportunity! Get it while it lasts!

Last Agent to Sell the Property

Andrea Madsen

Desert Elegance License #S.0182703 Listed on: 08/18/2018

Last Buyer's Agent

Lillie Shines

Coldwell Banker Premier License #S.0077182

Coldwell Banker Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $179

Year Built

  • Built in 1977

Lot Details

  • Property is in below average condition

Parking

  • Garage

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 716 Sq Ft Home
  • 2-Story Property
  • Carpet

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • 4 Units
  • Century Garden #2 Amd Resub Subdivision

Amenities

  • Clubhouse

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$179

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Subdivision Name: CENTURY GARDEN #2 AMD RESUB
  • Directions: By Hacienda and Maryland Parkway, Park Villas
  • Architectural Style: Fourplex
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Number Of Buildings: 1
  • Flooring: Carpet, Other
  • Interior Amenities: None

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Stucco
  • Property Condition: Poor Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Garage, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse

Lot Info

  • Current Use: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 179.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2023
Sold by
Hampton & Hampton Collections Llc
Bought by
Saticoy Bay Llc Series 5116 Gray Lane A
Current Estimated Value
$176,014

Purchase Details

Closed on
Feb 16, 2023
Sold by
Parkway Villas Owners Association
Bought by
Saticoy Bay Llc Series 5116 Gray Lane A

Purchase Details

Listed on
Aug 18, 2018
Closed on
Sep 18, 2018
Sold by
Ascencio Sergio and Ascencio Connie
Bought by
Twin Cousins Llc
Seller's Agent
Andrea Madsen
Desert Elegance
Buyer's Agent
Lillie Shines
Coldwell Banker Premier
List Price
$199,888
Sold Price
$225,000
Premium/Discount to List
$25,112
12.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.42%

Purchase Details

Closed on
Jun 9, 2012
Sold by
Ascencio Sergio and Ascencio Connie
Bought by
Treasurer Of Clark County

Purchase Details

Closed on
May 28, 2004
Sold by
Ziemianin Gregory
Bought by
Ascencio Sergio and Ascencio Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 1995
Sold by
Kindig Lucita G
Bought by
Ziemianin Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
8.36%
Mortgage Type
Purchase Money Mortgage
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
Saticoy Bay Llc Series 5116 Gray Lane A $28,300 None Listed On Document
Saticoy Bay Llc Series 5116 Gray Lane A -- --
Twin Cousins Llc $225,000 Fidelity National Title
Treasurer Of Clark County -- None Available
Ascencio Sergio $275,000 Ticor Title Of Nevada Inc
Ziemianin Gregory $152,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ascencio Sergio $165,000
Previous Owner Ziemianin Gregory $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2018 09/19/18 Sold $225,000 +12.6% $314 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/18/2018 08/18/18 For Sale $199,888 -- $279 / 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 $290 $21,433 $12,600 $8,833
2024 $269 $21,433 $12,600 $8,833
2023 $269 $22,033 $14,000 $8,033
2022 $249 $17,783 $9,450 $8,333
2021 $231 $16,272 $9,100 $7,172
2020 $212 $16,396 $9,100 $7,296
2019 $198 $15,103 $7,700 $7,403
2018 $191 $12,592 $5,250 $7,342
2017 $179 $11,783 $4,200 $7,583
2016 $179 $11,377 $3,500 $7,877
2015 $177 $9,314 $2,800 $6,514
2014 $171 $7,546 $1,750 $5,796
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Andrea Madsen

    Desert Elegance

    (702) 742-7422

    1 Total Sale

    Andrea Madsen
    Section Image

  • L

    Buyer's Agent in 2018

    Lillie Shines

    Coldwell Banker Premier

    (702) 604-2250

    31 Total Sales

    Lillie Shines
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2023788

Las Vegas REALTORS®

APN: 162-27-611-165

Nevada Clark County Las Vegas 89119 University District

5116 Gray Ln, Las Vegas, NV

This home is located at 5116 Gray Ln, Las Vegas, NV 89119 since 18 August 2018 and is currently estimated at $176,014, approximately $245 per square foot. This property was built in 1977. 5116 Gray Ln is a home located in Clark County with nearby schools including Gene Ward Elementary School, Jack Dailey Elementary School, and Helen C. Cannon Junior 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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