5125 Gray Ln Unit B Las Vegas, NV 89119
University District NeighborhoodEstimated payment $1,100/month
Highlights
- Gated Community
- Community Pool
- Courtyard
- Corner Lot
- Hurricane or Storm Shutters
- Burglar Security System
About This Home
Imagine living in this 702 sq ft loft-style condo offering the perfect blend of a convenient Las Vegas location and also practical comfort. Ideally located in a gated community less than a mile from UNLV and minutes from Harry Reid Airport, this 1-bedroom, 1-bath home is an exceptional opportunity for students, professionals, or investors. The thoughtfully designed layout features an open-concept living space with new flooring and a kitchen downstairs, while the private bedroom is tucked away upstairs and open to below. Enjoy the rare convenience of a 1-car garage for secure parking and/or extra storage, plus an assigned parking spot and plenty of guest parking! Community includes a pool—perfect for relaxing after a long day. With all appliances included and low-maintenance living, this property is move-in ready. Don’t miss your chance to own a stylish retreat in the heart of Las Vegas!
Listing Agent
Real Broker LLC Brokerage Phone: (702) 493-4644 License #S.0052734 Listed on: 07/06/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $281
Year Built
- Built in 1977
Lot Details
- West Facing Home
- Partially Fenced Property
- Wood Fence
- Desert Landscape
HOA Fees
- $240 Monthly HOA Fees
Parking
- 1 Car Garage
- Private Parking
- Guest Parking
Home Design
- Shingle Roof
- Composition Roof
Interior Spaces
- 702 Sq Ft Home
- 2-Story Property
- Blinds
- Burglar Security System
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry in Garage
- Dryer
- Washer
Outdoor Features
- Courtyard
Schools
- Ward Elementary School
- Cannon Helen C. Middle School
- Del Sol High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Underground Utilities
Community Details
Overview
- Parkway Villas Association, Phone Number (702) 433-0149
- Century Garden Sub Amd Subdivision
- The community has rules related to covenants, conditions, and restrictions
Recreation
- Community Pool
Security
- Gated Community
- Hurricane or Storm Shutters
Map
Home Values in the Area
Average Home Value in this Area
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 | $281 | $21,002 | $12,600 | $8,402 |
| 2024 | $261 | $21,002 | $12,600 | $8,402 |
| 2023 | $261 | $21,878 | $14,000 | $7,878 |
| 2022 | $242 | $17,359 | $9,450 | $7,909 |
| 2021 | $224 | $16,089 | $9,100 | $6,989 |
| 2020 | $205 | $16,213 | $9,100 | $7,113 |
| 2019 | $192 | $14,915 | $7,700 | $7,215 |
| 2018 | $184 | $12,405 | $5,250 | $7,155 |
| 2017 | $342 | $11,593 | $4,200 | $7,393 |
| 2016 | $174 | $11,197 | $3,500 | $7,697 |
| 2015 | $172 | $9,162 | $2,800 | $6,362 |
| 2014 | $166 | $7,396 | $1,750 | $5,646 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/26/2025 09/26/25 | Price Changed | $159,900 | -3.1% | $228 / Sq Ft | |
| 07/06/2025 07/06/25 | For Sale | $165,000 | +91.9% | $235 / Sq Ft | |
| 04/28/2020 04/28/20 | Sold | $86,000 | -3.4% | $123 / Sq Ft | View Prior Sale |
| 03/29/2020 03/29/20 | Pending | -- | -- | -- | |
| 01/17/2020 01/17/20 | For Sale | $89,000 | +48.3% | $127 / Sq Ft | |
| 10/07/2019 10/07/19 | Sold | $60,000 | -20.0% | $85 / Sq Ft | View Prior Sale |
| 09/07/2019 09/07/19 | Pending | -- | -- | -- | |
| 08/02/2019 08/02/19 | For Sale | $75,000 | -- | $107 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $86,000 | Ticor Title Las Vegas | |
| Bargain Sale Deed | $60,000 | Ticor Title Green Valley | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Bargain Sale Deed | $17,000 | First American Title Paseo | |
| Trustee Deed | $80,894 | Accommodation | |
| Bargain Sale Deed | $82,000 | Ticor Title Of Nevada Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Trustee Deed | $38,934 | Old Republic Title Company | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Grant Deed | $45,000 | Old Republic Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $64,500 | New Conventional | |
| Previous Owner | $73,800 | Purchase Money Mortgage | |
| Previous Owner | $40,000 | Purchase Money Mortgage |
Source: Las Vegas REALTORS®
MLS Number: 2698682
APN: 162-27-611-164
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.
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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