NOT LISTED FOR SALE

5216 Gray Ln Unit D Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $498,370 - $682,000

1 Bed
1 Bath
3,648 Sq Ft
$164/Sq Ft Est. Value

Highlights

  • Community Pool
  • Central Heating and Cooling System
  • 1 Car Garage
  • Tile Flooring
  • Ceiling Fan
  • Washer and Dryer

About This Home

As of September 2023

Close to UNLV, Las Vegas Strip and Airport. Gated Community with POOL. 2 Story. Bedroom is a Bedroom Loft. Full Bathroom on 2nd Floor. Large Vaulted Ceilings. Spacious Living Area. Walk in Closet. RARE Private 1 Car Garage accessible through your own private courtyard. Washer and Dryer in garage. All Appliances included. Tile Downstairs, Private Patio/Courtyard Area, Security Gated. Water, Sewer and Trash are INCLUDED. Ready for Move-In on 8/1/23. No Showings until 7/28/23. No Pets.

Last Agent to Rent the Property

Kevin Chia

Investment Brokers & Assoc Brokerage Phone: 702-434-9879 License #BS.0145578 Listed on: 07/25/2023

Last Renter's Agent

Anahi Torres Torres

Key Realty License #S.0191540

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,749

Year Built

  • Built in 1977

Lot Details

  • 4,792 Sq Ft Lot
  • East Facing Home
  • Back Yard Fenced

Parking

  • 1 Car Garage

Home Design

  • Quadruplex
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 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 Elementary School
  • Cannon Helen C. Middle School
  • Del Sol High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,075
  • Property Available on 8/1/23
  • Tenant pays for electricity
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Parkway Villas Association, Phone Number (702) 433-0149
  • Century Gardens Sub 2Nd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,749

Year Built

Built in 1977

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity
  • Available Date: 2023-08-01
  • Security Deposit: 1075.0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.11
  • Subdivision Name: Century Gardens Sub 2nd
  • Directions: From Tropicana and Maryland Pkwy. South on Maryland Pkwy. Turn R into Parkway Villas ( entrance is across from 7-Eleven) Pass Gate. Left on Gray Lane.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1977
  • ResoPropertyType: ResidentialLease
  • Attribution Contact: 702-434-9879
  • 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
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3648.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Back Yard, Partial
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Laundry Features: Electric Dryer Hookup, In Garage
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Pool
  • Association: Parkway Villas
  • Association Phone #2: 702-433-0149
  • Association: Yes
  • Pets Allowed: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 4792.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2021
Sold by
Balasta Lindsay
Bought by
Q & A Gray Lane Llc
Current Estimated Value
$600,093

Purchase Details

Closed on
Aug 10, 2020
Sold by
Chia Kevin
Bought by
Balasta Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2020
Sold by
Pross Properties Llc Series A
Bought by
Balasta Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2008
Sold by
Prose Gerald W and Prose Helen M
Bought by
Prose Properties Llc Series A

Purchase Details

Closed on
Feb 27, 2008
Sold by
First Magnus Financial Corp
Bought by
Prose Gerald W and Prose Helen M

Purchase Details

Closed on
Dec 20, 2006
Sold by
Colasuonno Mary A
Bought by
Salmeron Jesus A

Purchase Details

Closed on
Feb 17, 2006
Sold by
Blum Michael and Blum Julia
Bought by
Colasuonna Mary A

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
6.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 9, 2006
Sold by
Colasuonno Mark
Bought by
Colasuonno Mary A

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
6.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 25, 2005
Sold by
Miller Jeffery J
Bought by
Blum Michael and Blum Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,750
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 27, 2004
Sold by
Kochan Lance
Bought by
Miller Jeffrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 3, 2001
Sold by
Kochan Lance
Bought by
Kochan Lance and L Kochan Trust
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
Q & A Gray Lane Llc -- Accommodation
Balasta Lindsay -- Ticor Title Green Valley
Balasta Lindsay $375,000 Ticor Title Green Valley
Prose Properties Llc Series A -- None Available
Prose Gerald W $229,900 Equity Title Of Nevada
Salmeron Jesus A $52,000 None Available
Colasuonna Mary A $445,000 Fidelity National Title
Colasuonno Mary A -- Fidelity National Title
Blum Michael $333,000 Ticor Title Of Nevada Inc
Miller Jeffrey J $254,000 National Title Company
Kochan Lance -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balasta Lindsay $281,250
Previous Owner Colasuonna Mary A $44,500
Previous Owner Colasuonno Mary A $356,000
Previous Owner Blum Michael $249,750
Previous Owner Miller Jeffrey J $203,200
Closed Miller Jeffrey J $38,100
Closed Blum Michael $49,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2023 09/05/23 Rented $1,075 0.0% --
08/17/2023 08/17/23 Under Contract -- -- --
08/01/2023 08/01/23 Price Changed $1,075 -2.3% $0 / Sq Ft
07/25/2023 07/25/23 For Rent $1,100 +10.0% --
01/05/2023 01/05/23 For Rent $1,000 -16.7% --
01/05/2023 01/05/23 Rented $1,200 +84.6% --
06/29/2017 06/29/17 For Rent $650 0.0% --
06/29/2017 06/29/17 Rented $650 +13.0% --
02/18/2012 02/18/12 Rented $575 0.0% --
01/19/2012 01/19/12 Under Contract -- -- --
01/18/2012 01/18/12 For Rent $575 -- --
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 $1,749 $93,448 $50,400 $43,048
2024 $1,620 $93,448 $50,400 $43,048
2023 $1,620 $97,597 $56,000 $41,597
2022 $1,500 $82,608 $42,000 $40,608
2021 $1,389 $75,735 $37,450 $38,285
2020 $1,287 $76,888 $37,450 $39,438
2019 $1,206 $67,925 $28,000 $39,925
2018 $1,151 $58,911 $19,600 $39,311
2017 $1,687 $57,207 $17,500 $39,707
2016 $1,078 $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

  • K

    Landlord's Agent in 2023

    Kevin Chia

    Investment Brokers & Assoc

    (702) 882-8888

    14 Total Sales

    Kevin Chia
    Section Image

  • J

    Buyer's Agent in 2023

    Julian Crider

    Douglas Elliman of Nevada LLC

    (702) 875-1382

    11 Total Sales

    Julian Crider
    Section Image
  • Sean Prose

    Seller's Agent in 2017

    Sean Prose

    Investment Brokers & Assoc

    (702) 580-1678

    12 Total Sales

    Sean Prose
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2513624

Las Vegas REALTORS®

APN: 162-27-616-003

Nevada Clark County Las Vegas 89119 University District

5216 Gray Ln Unit D, Las Vegas, NV

This home is located at 5216 Gray Ln Unit D, Las Vegas, NV 89119 since 25 July 2023 and is currently priced at $600,093. This property was built in 1977. 5216 Gray Ln Unit D 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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