NOT LISTED FOR SALE

5195 Glendale Ave Las Vegas, NV 89156

Estimated Value: $629,491 - $871,000

9 Beds
5 Baths
3,740 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $595,000 $159 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,104/month

20 Days on Market

Highlights

  • Balcony
  • Storage
  • Central Heating and Cooling System
  • Laundry Room
  • Ceramic Tile Flooring
  • Property is in very good condition

About This Home

As of July 2022

NO HOA FEES!!! This rare property was built in 2005 with over 3700 sqft! Yes, 2005 & fully occupied units. Tenants have been there for years & are on month to month. Three units are 2 bedroom with 1 bath. The 3 bedroom unit is upstairs and has 2 full bathrooms & tile floors. Each unit has a secure storage area. Great tenants have never been late even through COVID! Separate Coin Laundry Room. DO NOT DISTRUB THE TENANTS!!! An Elementary School & Parks are just 1 block away.

Last Agent to Sell the Property

Katherine Stromer

Simply Vegas License #S.0061441 Listed on: 06/08/2022

Simply Vegas

Last Buyer's Agent

Flavio Jimenez

Fathom Realty License #BS.1000791

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,276

Year Built

  • Built in 2005

Lot Details

  • 10,454 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,740 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Storage
  • Laundry Room

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Paved Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,276

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Subdivision Name: None
  • Directions: From Nellis & Lake Mead, North on Nellis to (R) East on Glendale Ave. It's 1 block South of Carey. On your right... 5195 Glendale.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Oven, Range, Range Hood
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Storage
  • Living Area: 3740.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Patio And Porch Features: Balcony
  • Property Condition: Resale, Very Good Condition
  • Roof: Tile

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

  • Amenities: Laundry

Lot Info

  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 34560.0
  • Annual Operating Expense: 15200.0

Tax Info

  • Tax Annual Amount: 3276.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Sep 8, 2022
Sold by
Martinez Reynaldo
Bought by
Cz Properties Llc
Seller's Agent
Katherine Stromer
Simply Vegas
Buyer's Agent
Flavio Jimenez
Fathom Realty
List Price
$650,000
Sold Price
$595,000
Premium/Discount to List
-$55,000
-8.46%
Current Estimated Value
$726,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,873
Avg. Annual Appreciation
6.37%
Original Mortgage
$468,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jul 28, 2022
Sold by
Jazmin Mata Mirtha
Bought by
Martinez Reynaldo
Seller's Agent
Katherine Stromer
Simply Vegas
Buyer's Agent
Flavio Jimenez
Fathom Realty
List Price
$650,000
Sold Price
$595,000
Premium/Discount to List
-$55,000
-8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jul 22, 2022
Sold by
Raul Quintero Sr
Bought by
Martinez Reynaldo
Seller's Agent
Katherine Stromer
Simply Vegas
Buyer's Agent
Flavio Jimenez
Fathom Realty
List Price
$650,000
Sold Price
$595,000
Premium/Discount to List
-$55,000
-8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jun 25, 2022
Sold by
Unknown
Bought by
Quintero Raul and Quintero Jazmin
Seller's Agent
Katherine Stromer
Simply Vegas
Buyer's Agent
Flavio Jimenez
Fathom Realty
List Price
$650,000
Sold Price
$595,000
Premium/Discount to List
-$55,000
-8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2007
Sold by
Sapienza Paul and Sapienza Marilyn
Bought by
Quintero Raul and Quintero Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 2005
Sold by
Lioubas Tom
Bought by
Sapienza Paul and Sapienza Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Cz Properties Llc -- --
Martinez Reynaldo -- Netco Title
Martinez Reynaldo $595,000 Netco Title
Quintero Raul -- Netco Title
Quintero Raul -- Netco Title
Quintero Raul $515,000 Ticor Title Of Nevada Inc
Sapienza Paul $420,000 Southwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Reynaldo $468,000
Previous Owner Quintero Raul $360,500
Previous Owner Sapienza Paul $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $595,000 -8.5% $159 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $650,000 -- $174 / 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 $3,147 $169,183 $45,500 $123,683
2024 $2,177 $169,183 $45,500 $123,683
2023 $2,177 $161,879 $45,500 $116,379
2022 $2,771 $144,684 $35,000 $109,684
2021 $3,276 $132,082 $28,000 $104,082
2020 $1,731 $130,090 $26,250 $103,840
2019 $1,622 $125,775 $23,100 $102,675
2018 $1,548 $113,233 $14,000 $99,233
2017 $3,325 $113,372 $14,000 $99,372
2016 $2,100 $70,000 $12,600 $57,400
2015 $2,096 $63,000 $9,800 $53,200
2014 $2,051 $46,349 $8,400 $37,949
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2404082

Las Vegas REALTORS®

APN: 140-21-104-012