NOT LISTED FOR SALE

5196 Gray Ln Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $638,000 - $752,000

7 Beds
6 Baths
3,748 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $605,000 $161 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,646/month

95 Days on Market

About This Home

As of October 2022

Fully occupied fourplex in a gated community between UNLV and McCarran Airport. The studio was fully renovated in 2020, the 1 bedroom was fully renovated in 2020 and the 2 bedroom was partially renovated in 2022. Approximately a 6% CAP.

Last Agent to Sell the Property

Jerrid Richards

Richards Hadley, LLC License #B.1002430 Listed on: 06/15/2022

Last Buyer's Agent

Yun Tu

Redfin License #BS.0145188

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,429

Year Built

  • Built in 1977

Lot Details

  • 2,250 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $740 Monthly HOA Fees

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,748 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include insurance, ground maintenance, recreation facilities, sewer, security, trash, water
  • 4 Units
  • Century Garden Sub Amd Subdivision

Building Details

  • Professional Management Expense $366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,429

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: 0.0517
  • CapRate: 6.01
  • Professional Management Expense: 366.0
  • Subdivision Name: Century Garden Sub Amd
  • Directions: Maryland Parkway and Tropicana, south on MP west into Parkway Villas, South on Gray Lane.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Attribution Contact: 702-626-9399
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Flooring: Other
  • Interior Amenities: None
  • Living Area: 3748.0

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Amenities: None
  • Association Fee: 740.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Recreation Facilities, Sewer, Security, Trash, Water

Schools

Lot Info

  • Lot Size Sq Ft: 2250.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1400.0

Tax Info

  • Tax Annual Amount: 1429.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Oct 14, 2022
Sold by
Babbage Robert and Babbage Laura
Bought by
Odonnell Erin and Cross John
Seller's Agent
Jerrid Richards
Richards Hadley, LLC
Buyer's Agent
Yun Tu
Redfin
List Price
$649,999
Sold Price
$605,000
Premium/Discount to List
-$44,999
-6.92%
Total Days on Market
95
Current Estimated Value
$671,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,610
Avg. Annual Appreciation
3.72%

Purchase Details

Closed on
Dec 8, 2020
Sold by
Swiderski Alex K
Bought by
Babbage Robert and Babbage Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2011
Sold by
Thompson Blake
Bought by
Swiderski Alex K

Purchase Details

Closed on
Sep 26, 2005
Sold by
Mcnab Heather and Shelton Monique
Bought by
Thompson Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 19, 2004
Sold by
Shelton Monique and Mcnab Heather
Bought by
Mcnab Heather and Shelton Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
5.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 6, 2003
Sold by
Aguilar Efren F and Aguilar Catalina
Bought by
Shelton Monique and Mcnab Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,100
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
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
Odonnell Erin $605,000 Driggs Title
Babbage Robert $1,140,000 Ticor Title Las Vegas
Swiderski Alex K -- Ticor Title Las Vegas
Swiderski Alex K $110,000 Nevada Title Las Vegas
Thompson Blake -- Accommodation
Thompson Blake $400,000 Ticor Title Of Nevada Inc
Mcnab Heather -- North American Title Co
Shelton Monique $209,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Babbage Robert $285,000
Previous Owner Babbage Robert $285,000
Previous Owner Thompson Blake $320,000
Previous Owner Mcnab Heather $202,000
Previous Owner Shelton Monique $188,100
Previous Owner Shelton Monique $188,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $605,000 -6.9% $161 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $649,999 -- $173 / 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 $1,798 $94,273 $50,400 $43,873
2024 $1,666 $94,273 $50,400 $43,873
2023 $1,666 $98,383 $56,000 $42,383
2022 $1,543 $83,374 $42,000 $41,374
2021 $1,429 $77,029 $37,450 $39,579
2020 $1,324 $78,194 $37,450 $40,744
2019 $1,241 $69,242 $28,000 $41,242
2018 $1,184 $60,228 $19,600 $40,628
2017 $1,726 $58,556 $17,500 $41,056
2016 $1,109 $53,935 $10,500 $43,435
2015 $1,106 $49,675 $6,300 $43,375
2014 $1,072 $35,135 $6,300 $28,835
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jerrid Richards

    Richards Hadley, LLC

    (702) 626-9399

    6 in this area

    46 Total Sales

    Jerrid Richards
    Section Image

  • Y

    Buyer's Agent in 2022

    Yun Tu

    Redfin

    (626) 390-6868

    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2407144

Las Vegas REALTORS®

APN: 162-27-611-305

Nevada Clark County Las Vegas 89119 University District

5196 Gray Ln, Las Vegas, NV

This home is located at 5196 Gray Ln, Las Vegas, NV 89119 since 15 June 2022 and is currently estimated at $671,610, approximately $179 per square foot. This property was built in 1977. 5196 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.

Las Vegas REALTORS® 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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