NOT LISTED FOR SALE

5136 Gray Ln Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $650,000 - $695,000

7 Beds
6 Baths
3,648 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $597,000 $164 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,604/month

45 Days on Market

Highlights

  • RV Parking in Community
  • Security Guard
  • Tile Flooring
  • Gated Community
  • Storage
  • Central Heating and Cooling System

About This Home

As of April 2022

Gated community, HOA covers Pool and Clubhouse, security, trash and sewer, grounds maintenance. Long-term tenants. All units have private garages. Easy to rent, near UNLV and Strip. Good investment property. Three units have changed new AC condenser. One unit is newly renovated.

Last Agent to Sell the Property

Rui Simon

Las Vegas Realty LLC License #BS.0145570 Listed on: 03/12/2022

Last Buyer's Agent

Julius Davis

Key Realty License #S.0052748

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 1977

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $740 Monthly HOA Fees

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Storage
  • Dishwasher

Flooring

  • Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

Overview

  • Association fees include ground maintenance, sewer, security
  • 4 Units
  • Century Garden Sub Subdivision
  • RV Parking in Community

Building Details

  • Professional Management Expense $287

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,392

Year Built

Built in 1977

Lot Details

0

HOA Fees

$740 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • CapRate: 5.96
  • Professional Management Expense: 287.0
  • Subdivision Name: Century Garden Sub
  • Directions: South to Maryland From Tropicana to Century Gardens Drive. West through the gate and around the circle to Gray Ln. North to the property.
  • Architectural Style: Fourplex
  • 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
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Storage
  • Living Area: 3648.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Block
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Utilities

  • Security: Gated Community
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1.0

Condo/Co-op/Association

  • Amenities: RV Parking, Guard
  • Association Fee: 740.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Sewer, Security

Lot Info

  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 70.0
  • Annual Operating Expense: 13716.0

Tax Info

  • Tax Annual Amount: 1392.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Anthony Williams
Bought by
4S Real Estate Holdings Llc
Total Days on Market
45
Current Estimated Value
$665,478

Purchase Details

Listed on
Mar 12, 2022
Closed on
Apr 20, 2022
Sold by
Jlft Investments Llc
Bought by
Williams Anthony
Seller's Agent
Rui Simon
Las Vegas Realty LLC
Buyer's Agent
Julius Davis
Key Realty
List Price
$595,000
Sold Price
$597,000
Premium/Discount to List
$2,000
0.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$447,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2021
Closed on
Apr 16, 2021
Sold by
Maghsoodi Shahrouz
Bought by
Jlft Investments Llc
Seller's Agent
Michele Dugan
Go Global Realty
Buyer's Agent
Rui Simon
Las Vegas Realty LLC
List Price
$370,000
Sold Price
$370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.84%

Purchase Details

Listed on
Jan 22, 2018
Closed on
Feb 12, 2018
Sold by
Brown Sherri and Ansara Robert L
Bought by
Maghsoodi Shahrouz
Seller's Agent
David Boyer
BHHS Nevada Properties
Buyer's Agent
Michele Dugan
Go Global Realty
List Price
$269,500
Sold Price
$270,000
Premium/Discount to List
$500
0.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%

Purchase Details

Closed on
May 10, 2001
Sold by
Cornwell Ronald Merrill
Bought by
Ciriano Leo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Interest Rate
7.14%

Purchase Details

Closed on
Jun 15, 1999
Sold by
Cornwell Catherine Louise
Bought by
Cornwell Ronald Merrill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 9, 1999
Sold by
Amery Dixie L
Bought by
Cornwell Ronald Merrill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 10, 1996
Sold by
Amery Nasrollah
Bought by
Amery Dixie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.5%

Purchase Details

Closed on
Oct 30, 1996
Sold by
Patterson Gloria and Smaha Joseph A
Bought by
Amery Dixie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.5%
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
4S Real Estate Holdings Llc -- Young Law Group Pllc
Williams Anthony $597,000 Lawyers Title
Jlft Investments Llc $370,000 Roc Title
Maghsoodi Shahrouz $270,000 First American Title Insu
Ciriano Leo A $194,000 Stewart Title
Cornwell Ronald Merrill -- Old Republic Title Company
Cornwell Ronald Merrill $174,500 Old Republic Title Company
Amery Dixie L -- United Title
Amery Dixie L $150,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Anthony $447,750
Previous Owner Jlft Investmnets Llc $270,732
Previous Owner Ciriano Leo A $174,600
Previous Owner Cornwell Ronald Merrill $139,000
Previous Owner Amery Dixie L $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2022 05/28/22 Off Market $595,000 -- --
04/27/2022 04/27/22 Sold $597,000 +0.3% $164 / Sq Ft
03/12/2022 03/12/22 For Sale $595,000 +60.8% $163 / Sq Ft
04/20/2021 04/20/21 Sold $370,000 0.0% $101 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
02/20/2021 02/20/21 For Sale $370,000 +37.0% $101 / Sq Ft
04/06/2018 04/06/18 Sold $270,000 +0.2% $74 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $269,500 -- $74 / 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 $1,752 $93,448 $50,400 $43,048
2024 $1,623 $93,448 $50,400 $43,048
2023 $1,623 $97,597 $56,000 $41,597
2022 $1,503 $82,608 $42,000 $40,608
2021 $1,392 $75,735 $37,450 $38,285
2020 $1,289 $76,888 $37,450 $39,438
2019 $1,208 $67,925 $28,000 $39,925
2018 $1,153 $58,911 $19,600 $39,311
2017 $1,687 $57,207 $17,500 $39,707
2016 $1,080 $52,508 $10,500 $42,008
2015 $1,077 $48,256 $6,300 $41,956
2014 $1,044 $34,218 $6,300 $27,918
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rui Simon

    Las Vegas Realty LLC

    (702) 334-9319

    5 in this area

    65 Total Sales

    Rui Simon
    Section Image

  • J

    Buyer's Agent in 2022

    Julius Davis

    Key Realty

    (702) 604-9222

    1 in this area

    6 Total Sales

    Julius Davis
    Section Image

  • M

    Seller's Agent in 2021

    Michele Dugan

    Go Global Realty

    (970) 756-4663

    7 in this area

    55 Total Sales

    Michele Dugan
    Section Image

  • D

    Seller's Agent in 2018

    David Boyer

    BHHS Nevada Properties

    (702) 379-6786

    42 Total Sales

    David Boyer
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2378225

Las Vegas REALTORS®

APN: 162-27-617-002

Nevada Clark County Las Vegas 89119 University District

5136 Gray Ln, Las Vegas, NV

This home is located at 5136 Gray Ln, Las Vegas, NV 89119 since 12 March 2022 and is currently estimated at $665,478, approximately $182 per square foot. This property was built in 1977. 5136 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.

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