$241,000
SOLD FEB 28, 2025

5124 Forrest Hills Ln Las Vegas, NV 89108

Michael Way Neighborhood
2 Beds
1 Bath
1,000 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$241 Per Sq Ft

4% Below List Price

123 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Double Oven
  • Private Yard
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of February 2025

House is in much need of some TLC & overall improvements, But holds a lot of potential!! Home features: Single story w/ 2 bedrooms & 1 bath!! Nice living room!! Kitchen w/ solid countertops, pantry & dining area!! No HOA Dues!! Spacious yard w/ covered patio & RV/Boat parking-Landscape will need some TLC!! In close proximity to schools, shopping & dining!! Don’t miss out, Make an offer today!!

Last Agent to Sell the Property

Brett Maddux

Compass Realty & Management Brokerage Phone: 702-586-1616 License #S.0050112 Listed on: 10/28/2024

Compass Realty & Management

Last Buyer's Agent

Edward Orasi

Keller Williams MarketPlace License #BS.0145749

Keller Williams MarketPlace

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $717

Year Built

  • Built in 1962

Lot Details

  • 6,098 Sq Ft Lot
  • South Facing Home
  • Wrought Iron Fence
  • Partially Fenced Property
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Private Yard
  • Property is in good condition

Parking

  • RV Access or Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property

Kitchen

  • Double Oven
  • Built-In Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Mcwilliams Elementary School
  • Gibson Robert O. Middle School
  • Western High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Community Details

  • No Home Owners Association
  • Golfridge Terrace Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$717

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Subdivision Name: Golfridge Terrace
  • Directions: From 95 & N Decatur, L on N Decatur, L on Vegas, L on Tequesta, L on Forrest Hills
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 702-586-1616
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Electric Oven, Double Oven, Dishwasher, Electric Range, Disposal
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs, None
  • Living Area: 1000.0

Exterior Features

  • Fencing: Block, Partial, Wood, Wrought Iron
  • Lot Features: Landscaped, < 1/4 Acre
  • Pool Private: No
  • Construction Type: Block, Stucco
  • Direction Faces: South
  • Exterior Features: Porch, Patio, Private Yard
  • Patio And Porch Features: Covered, Patio, Porch
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: RV Gated, RV Access/Parking

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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: McWilliams, JT,McWilliams, JT
  • High School: Western
  • Middle Or Junior School: Gibson Robert O.

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 6098.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 717.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Feb 19, 2025
Sold by
Larsen James Dale and Velazquez Edgar
Bought by
Montecasa Llc
Seller's Agent
Brett Maddux
Compass Realty & Management
Buyer's Agent
Edward Orasi
Keller Williams MarketPlace
List Price
$249,999
Sold Price
$241,000
Premium/Discount to List
-$8,999
-3.6%
Views
40
Current Estimated Value
$254,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,573
Avg. Annual Appreciation
7.37%
Original Mortgage
$175,000
Outstanding Balance
$173,986
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$80,587
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Bargain Sale Deed $241,000 Chicago Title Of Nevada
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $241,000 +4.8% $241 / Sq Ft
11/19/2024 11/19/24 Price Changed $229,999 -4.2% $230 / Sq Ft
11/08/2024 11/08/24 Price Changed $239,999 -4.0% $240 / Sq Ft
10/28/2024 10/28/24 For Sale $249,999 -- $250 / 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 $1,279 $39,831 $25,900 $13,931
2024 $717 $39,831 $25,900 $13,931
2023 $717 $42,693 $30,100 $12,593
2022 $665 $34,774 $23,450 $11,324
2021 $616 $32,552 $22,050 $10,502
2020 $569 $29,476 $19,250 $10,226
2019 $533 $25,622 $15,750 $9,872
2018 $509 $23,610 $14,350 $9,260
2017 $748 $22,821 $13,650 $9,171
2016 $478 $17,644 $8,750 $8,894
2015 $475 $14,927 $6,300 $8,627
2014 $461 $13,651 $5,250 $8,401
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Brett Maddux

    Compass Realty & Management

    (702) 682-4632

    15 in this area

    217 Total Sales

    Brett Maddux
    Section Image
  • Edward Orasi

    Buyer's Agent in 2025

    Edward Orasi

    Keller Williams MarketPlace

    (702) 860-7087

    5 in this area

    87 Total Sales

    Edward Orasi
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2628669

Las Vegas REALTORS®

APN: 138-25-511-029

Nevada Clark County Las Vegas 89108 Michael Way

5124 Forrest Hills Ln, Las Vegas, NV

Sold

Detached

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