NOT LISTED FOR SALE

5197 S Eastern Ave Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $409,000 - $440,000

5 Beds
1.5 Baths
1,900 Sq Ft
$222/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $205,000 $108 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,376/month

10 Days on Market

Highlights

  • Private Yard
  • Circular Driveway
  • Double Pane Windows
  • No HOA
  • Hurricane or Storm Shutters
  • Burglar Security System

About This Home

As of March 2017

Interior has been modified to office use and beautifully remodeled. Zoning being modified to commercial, can be purchased as a residential unit. SBA guarantee payment is possible with 10% down. Fresh paint inside and out, wood floors and 5 inch base boards through out. Recessed lighting, fireplace, built in receptionist desk, 5 bedrooms/offices, custom shower and bathrooms. Newer Trane HVAC. 1900sf of usable office space

Last Agent to Sell the Property

Edie Williams

Metropolitan Real Estate Group License #S.0172541 Listed on: 02/02/2017

Last Buyer's Agent

Jason Marker

Local Living Real Estate License #S.0039516

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1970

Lot Details

  • 8,712 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Block Wall Fence
  • Private Yard
  • Property is in very good condition

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Laminate Flooring

Kitchen

  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Gas Dryer Hookup

Home Security

  • Burglar Security System
  • Hurricane or Storm Shutters

Parking

  • Circular Driveway
  • Guest Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Ward Gene Elementary School
  • Cannon Helen C. Middle School
  • Del Sol High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Grantbilt Unit #1 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$967

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Subdivision Name: GRANTBILT UNIT #1
  • Directions: South on Eastern from Tropicana, pass Reno, home is on the right.
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Windows
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1970
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Disposal, Gas Range, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 1900.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • View: None
  • View: No
  • Construction Type: Frame, Stucco, Drywall
  • Direction Faces: East
  • Exterior Features: Burglar Bar, Circular Driveway, Private Yard, Storm/Security Shutters
  • Property Condition: Resale, Very Good Condition
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Guest

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Elementary School: Ward Gene,Ward, Gene
  • High School: Del Sol HS
  • Middle Or Junior School: Cannon Helen C.

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 967.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2017
Closed on
Mar 15, 2017
Sold by
Felling Michael
Bought by
Longfellow
Seller's Agent
Edie Williams
Metropolitan Real Estate Group
Buyer's Agent
Jason Marker
Local Living Real Estate
List Price
$238,000
Sold Price
$205,000
Premium/Discount to List
-$33,000
-13.87%
Current Estimated Value
$421,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,710
Avg. Annual Appreciation
8.79%
Original Mortgage
$203,000
Outstanding Balance
$168,245
Interest Rate
4.15%
Mortgage Type
Commercial
Estimated Equity
$253,465

Purchase Details

Listed on
Apr 15, 2015
Closed on
Oct 20, 2015
Sold by
Wang Jerry
Bought by
Felling Michael
Seller's Agent
Jason VanZant
Realty 360
Buyer's Agent
Jason VanZant
Realty 360
List Price
$239,999
Sold Price
$185,000
Premium/Discount to List
-$54,999
-22.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%

Purchase Details

Listed on
Feb 14, 2012
Closed on
Apr 16, 2012
Sold by
Fannie Mae
Bought by
Wang Jerry
Seller's Agent
Jim Hastings office
Hastings Brokerage Ltd
Buyer's Agent
Jason VanZant
Realty 360
List Price
$93,100
Sold Price
$111,500
Premium/Discount to List
$18,400
19.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.61%

Purchase Details

Listed on
Feb 14, 2012
Closed on
Mar 7, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association
Seller's Agent
Jim Hastings office
Hastings Brokerage Ltd
Buyer's Agent
Jason VanZant
Realty 360
List Price
$93,100
Sold Price
$111,500
Premium/Discount to List
$18,400
19.76%

Purchase Details

Closed on
Jan 18, 2012
Sold by
Jacobson Issac N
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Aug 14, 2008
Sold by
Jacobson Issac and Jacobson Rachel
Bought by
Mizrachi Pnina

Purchase Details

Closed on
May 18, 2007
Sold by
Jacobson Issac N
Bought by
Jacobson Issac and Jacobson Rachel

Purchase Details

Closed on
Aug 24, 2005
Sold by
Horner Brian J
Bought by
Jacobson Issac N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,920
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 17, 2003
Sold by
Southland Investments Trust
Bought by
Horner Brian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,500
Interest Rate
5.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 25, 2003
Sold by
National Title Co
Bought by
Southland Investments Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,500
Interest Rate
5.83%
Mortgage Type
Seller Take Back
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
Longfellow $205,000 National Title Co
Felling Michael $185,000 Equity Title Of Nevada
Wang Jerry $111,500 Lawyers Title Of Nevada Cha
Federal National Mortgage Association $284,792 Lsi Title Agency Inc
Jpmorgan Chase Bank National Association $284,792 Accommodation
Mizrachi Pnina -- None Available
Jacobson Issac -- None Available
Jacobson Issac N $324,900 Lawyers Title Of Nevada
Horner Brian J $127,000 National Title Company
Southland Investments Trust $54,807 National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longfellow $203,000
Previous Owner Jacobson Issac N $259,920
Previous Owner Horner Brian J $44,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2017 03/15/17 Sold $205,000 -13.9% $108 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $238,000 +28.6% $125 / Sq Ft
10/22/2015 10/22/15 Sold $185,000 -22.9% $97 / Sq Ft View Prior Sale
09/22/2015 09/22/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $239,999 +115.2% $126 / Sq Ft
04/26/2012 04/26/12 Sold $111,500 +19.8% $59 / Sq Ft View Prior Sale
03/27/2012 03/27/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $93,100 -- $49 / 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 $1,568 $61,319 $32,900 $28,419
2024 $1,452 $61,319 $32,900 $28,419
2023 $967 $61,395 $35,700 $25,695
2022 $1,345 $54,597 $31,500 $23,097
2021 $1,246 $48,115 $26,600 $21,515
2020 $1,154 $46,757 $25,900 $20,857
2019 $1,081 $43,070 $21,700 $21,370
2018 $1,032 $41,904 $20,650 $21,254
2017 $1,143 $38,964 $16,800 $22,164
2016 $967 $36,820 $13,300 $23,520
2015 $964 $35,078 $11,200 $23,878
2014 $934 $30,898 $10,150 $20,748
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Edie Williams

    Metropolitan Real Estate Group

    28 Total Sales

    Edie Williams
    Section Image
  • Jason Marker

    Buyer's Agent in 2017

    Jason Marker

    Local Living Real Estate

    (702) 812-8888

    14 Total Sales

    Jason Marker
    Section Image
  • Jason VanZant

    Seller's Agent in 2015

    Jason VanZant

    Realty 360

    (702) 301-7624

    1 in this area

    99 Total Sales

    Jason VanZant
    Section Image

  • J

    Seller's Agent in 2012

    Jim Hastings office

    Hastings Brokerage Ltd

    (702) 240-5448

    3 in this area

    164 Total Sales

    Jim Hastings office
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1867349

Las Vegas REALTORS®

APN: 162-26-612-049

Nevada Clark County Las Vegas 89119 University District

5197 S Eastern Ave, Las Vegas, NV

This home is located at 5197 S Eastern Ave, Las Vegas, NV 89119 since 02 February 2017 and is currently estimated at $421,710, approximately $221 per square foot. This property was built in 1970. 5197 S Eastern Ave is a home located in Clark County with nearby schools including Jack Dailey Elementary School, Gene Ward 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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