NOT LISTED FOR SALE

5126 Gray Ln Unit A Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $523,288 - $721,000

1 Bed
1 Bath
3,648 Sq Ft
5,101 Sq Ft Lot

Highlights

  • Gated Community
  • 1 Car Detached Garage
  • Tile Flooring
  • Community Pool
  • Security Guard
  • Guest Parking

About This Home

As of March 2021

Gated Community, New Remodel fresh paint, large 1 bedroom 1 bath with washer and dryer and 1 car garage. Kitchen granite countertops. All brand new appliances. Community pool & spa. Close to shopping, school, Airport and the Las Vegas Strip. The owner prefers no pet, Please verify the Pet restriction in this Community before submitting the application. Rent includes Water, Sewer & Trash & Guard Gated.

Last Agent to Rent the Property

Rachel J Yu

REICHI REALTY License #B.1001784 Listed on: 01/28/2021

Last Renter's Agent

Jerry Smith

ERA Brokers Consolidated License #BS.0000814

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,897

Year Built

  • Built in 1977

Lot Details

  • North Facing Home
  • Property is in excellent condition

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer

Schools

  • Ward Kitty Mc Donough Elementary School
  • Cannon Helen C. Middle School
  • Del Sol High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Not Available

Listing and Financial Details

  • Security Deposit $850
  • Property Available on 1/28/21
  • Tenant pays for cable TV, electricity, key deposit, sewer, trash collection, water
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Level Management Association, Phone Number (702) 433-0149
  • Parkway Villas Association, Phone Number (702) 433-0149
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,897

Year Built

Built in 1977

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Key Deposit, Sewer, Trash Collection, Water
  • Available Date: 2021-01-28
  • Security Deposit: 850.0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.1171
  • Subdivision Name: n/a
  • Directions: Maryland & Tropicana, S on Maryland, R on Century Garden Dr on Parkway Villas the community, R on Gray Ln, the property is on your right-hand side,
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1977
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Living Area: 3648.0
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, Covenants/Restrictions Disclosure
  • Construction Type: Stucco
  • Direction Faces: North
  • Property Condition: Excellent
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener, Guest

Utilities

  • Laundry Features: Electric Dryer Hookup, In Garage
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Gated, Pool, Guard, Spa/Hot Tub
  • Association: Parkway Villas
  • Association Name: Level Management
  • Association Phone #2: 702-433-0149
  • Phone: 702-433-0149
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Ward Kitty Mc Donough,Dailey Jack
  • High School: Del Sol HS
  • Middle Or Junior School: Cannon Helen C.

Lot Info

  • Lot Size Sq Ft: 5101.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2020
Sold by
Reichi Llc
Bought by
Reichi L L C
Current Estimated Value
$613,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$185,324
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$427,748

Purchase Details

Closed on
Aug 13, 2018
Sold by
Roy Richard and Deschamps Josee
Bought by
Reichi Llc

Purchase Details

Closed on
Dec 2, 2014
Sold by
Gzc Llc
Bought by
Roy Richard and Deschamps Josee

Purchase Details

Closed on
Sep 11, 2012
Sold by
Temple Capital Partners Llc
Bought by
Gzc Llc

Purchase Details

Closed on
Jul 20, 2010
Sold by
U S Bank National Association
Bought by
Temple Capital Partners Llc Series Gray

Purchase Details

Closed on
Oct 8, 2009
Sold by
Galang Allan Paul
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 13, 2005
Sold by
Galang Herminia
Bought by
Galang Allan Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2001
Sold by
Pailee Lois Theresa
Bought by
Jung Joyce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
6.87%

Purchase Details

Closed on
Jun 18, 1999
Sold by
Welge Michael W and Welge Betty A
Bought by
Kochan Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.9%

Purchase Details

Closed on
Jan 4, 1994
Sold by
Paille Harry Dennis and Paille Lois Theresa
Bought by
Paille Harry Dennis and Paille Lois Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.75%
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
Reichi L L C -- Lawyers Title Las Vegas
Reichi Llc $320,000 First American Title
Roy Richard $200,000 First American Title Paseo
Gzc Llc $154,000 Ticor Title Of Nevada Inc
Temple Capital Partners Llc Series Gray $84,600 Equity Title Of Nevada
Us Bank National Association $120,575 Fidelity Natl Default Sol
Galang Allan Paul -- Old Republic Title Co Of Nv
Galang Allan Paul $375,000 Old Republic Title Co Of Nv
Jung Joyce L $196,000 Lawyers Title
Kochan Lance $165,000 Fidelity National Title
Paille Harry Dennis -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reichi L L C $210,000
Previous Owner Galang Allan Paul $277,500
Previous Owner Jung Joyce L $176,400
Previous Owner Kochan Lance $132,000
Previous Owner Paille Harry Dennis $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2021 03/09/21 Rented $800 -5.9% --
02/07/2021 02/07/21 Under Contract -- -- --
01/28/2021 01/28/21 For Rent $850 +21.4% --
03/06/2018 03/06/18 For Rent $700 +7.7% --
03/06/2018 03/06/18 Rented $650 +30.0% --
04/15/2016 04/15/16 Rented $500 -9.1% --
03/16/2016 03/16/16 Under Contract -- -- --
02/02/2016 02/02/16 For Rent $550 +4.8% --
01/25/2015 01/25/15 For Rent $525 0.0% --
01/25/2015 01/25/15 Rented $525 -- --
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 $1,897 $93,448 $50,400 $43,048
2024 $1,627 $93,448 $50,400 $43,048
2023 $1,627 $97,597 $56,000 $41,597
2022 $1,506 $82,608 $42,000 $40,608
2021 $1,395 $75,839 $37,450 $38,389
2020 $1,293 $76,991 $37,450 $39,541
2019 $1,211 $68,032 $28,000 $40,032
2018 $1,156 $59,019 $19,600 $39,419
2017 $1,690 $57,331 $17,500 $39,831
2016 $1,083 $52,632 $10,500 $42,132
2015 $1,080 $48,380 $6,300 $42,080
2014 $1,046 $34,300 $6,300 $28,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2021

    Rachel J Yu

    REICHI REALTY

    (702) 686-3886

    29 Total Sales

    Rachel J Yu
    Section Image

  • J

    Tenant's Agent in 2021

    Jerry Smith

    ERA Brokers Consolidated

    (702) 277-0864

    Jerry Smith
    Section Image

  • J

    Seller's Agent in 2018

    Jim Souza

    Souza10 Real Estate

    8 Total Sales

    Jim Souza
    Section Image
  • Jessica Gendall

    Buyer's Agent in 2018

    Jessica Gendall

    Souza10 Real Estate

    (702) 835-2835

    11 Total Sales

    Jessica Gendall
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2264988

Las Vegas REALTORS®

APN: 162-27-611-337

Nevada Clark County Las Vegas 89119 University District

5126 Gray Ln Unit A, Las Vegas, NV

This home is located at 5126 Gray Ln Unit A, Las Vegas, NV 89119 since 28 January 2021 and is currently priced at $613,072. This property was built in 1977. 5126 Gray Ln Unit A 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.

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