NOT LISTED FOR SALE

5217 W Cheyenne Ave Las Vegas, NV 89108

Michael Way Neighborhood

Estimated Value: $558,000 - $768,000

8 Beds
4 Baths
2,980 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $625,000 $210 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,596/month

51 Days on Market

Highlights

  • Tile Flooring
  • Ceiling Fan
  • Property is in excellent condition
  • Central Heating and Cooling System
  • Laundry Facilities
  • 1-Story Property

About This Home

As of June 2022

Investors Dream! Beautiful and recently renovated 4Plex walk to Restaurants, Shopping & bus. New paint with beautiful accent walls with luxury Vita Bella Italian tile, new Baths , new beautiful flooring. 4 units have Washer/Dryer. Many new appliances are included. 4 units are totally remodeling and has new kitchen Quartz counters. Ceiling fans and window coverings, Great Income Potential for Investor, Units 1 and 3 has not increase the rent for more that 12 years, property the has been remodeling can a make a gross income more 5000 per month. unit 2 just was rent for $1350 per month.

Last Agent to Sell the Property

Mercedes Paiz De Garcia

Desert Vision Realty License #S.0171643 Listed on: 03/17/2022

Last Buyer's Agent

Amanda Schnell

Scofield Group LLC License #S.0179279

Scofield Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 1979

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,980 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

Overview

  • 4 Units
  • Charleston Heights Tr #54C Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,360

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: Charleston Heights Tr #54C
  • Directions: 95 North, exit Cheyenne. East on Cheyenne, turn right on Michael Way, 1st left into parking area.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1979
  • ResoPropertyType: Residential
  • Attribution Contact: 702-453-8000
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1979

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2980.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Excellent, Resale
  • Roof: Tile

Utilities

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

Condo/Co-op/Association

  • Amenities: Laundry, None

Lot Info

  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1360.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2024
Sold by
Nicholas Christopher
Bought by
Jyoti Capital Llc
Current Estimated Value
$653,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,646
Outstanding Balance
$589,894
Interest Rate
6.87%
Mortgage Type
Seller Take Back
Estimated Equity
$63,860

Purchase Details

Listed on
Mar 17, 2022
Closed on
Jun 3, 2022
Sold by
Alfonso Guerrero
Bought by
Nicholas Christopher
Seller's Agent
Mercedes Paiz De Garcia
Desert Vision Realty
Buyer's Agent
Amanda Schnell
Scofield Group LLC
List Price
$700,000
Sold Price
$625,000
Premium/Discount to List
-$75,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.31%
Original Mortgage
$598,951
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2010
Sold by
Galvan Deguerrero Angelita
Bought by
Guerrero Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2009
Sold by
Us Bank National Association
Bought by
Guerrero Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2009
Sold by
Farias Hector
Bought by
Us Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2008
Sold by
Farias Hector
Bought by
Farias Maria

Purchase Details

Closed on
Mar 21, 2006
Sold by
Farias Maria R
Bought by
Farias Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 21, 2006
Sold by
Jaffe Bruce H
Bought by
Farias Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 5, 1996
Sold by
Jaffe Bruce H
Bought by
Jaffe Bruce H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.18%

Purchase Details

Closed on
Jan 22, 1996
Sold by
Crook Beth E
Bought by
Crook Garth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.18%

Purchase Details

Closed on
Jan 19, 1996
Sold by
Crook Garth B
Bought by
Jaffe Bruce H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.18%

Purchase Details

Closed on
Sep 30, 1993
Sold by
Shaffer Margaret M
Bought by
Crook Garth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,225
Interest Rate
7.13%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jyoti Capital Llc $617,547 Stewart Title
Nicholas Christopher $625,000 First American Title
Guerrero Alfonso -- Ticor Title Las Vegas
Guerrero Alfonso $95,000 Ticor Title Las Vegas
Us Bank National Association $189,000 Servicelink
Farias Maria -- None Available
Farias Hector -- Ticor Title Of Nevada Inc
Farias Hector $420,000 Ticor Title Of Nevada Inc
Jaffe Bruce H -- --
Crook Garth B -- Fidelity National Title
Jaffe Bruce H $172,500 Fidelity National Title
Crook Garth B $153,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jyoti Capital Llc $596,646
Previous Owner Nicholas Christopher $598,951
Previous Owner Guerrero Alfonso $68,250
Previous Owner Farias Hector $336,000
Previous Owner Jaffe Bruce H $90,000
Previous Owner Crook Garth B $150,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 Sold $625,000 -10.7% $210 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $700,000 -- $235 / 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 $1,712 $82,478 $47,600 $34,878
2024 $1,586 $82,478 $47,600 $34,878
2023 $1,586 $81,853 $48,300 $33,553
2022 $1,469 $72,425 $39,900 $32,525
2021 $1,360 $63,700 $32,200 $31,500
2020 $1,260 $64,424 $32,200 $32,224
2019 $1,181 $60,498 $28,000 $32,498
2018 $1,127 $51,417 $19,600 $31,817
2017 $1,652 $50,384 $18,025 $32,359
2016 $1,056 $49,404 $15,400 $34,004
2015 $1,055 $37,045 $14,000 $23,045
2014 $1,022 $30,251 $12,600 $17,651
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mercedes Paiz De Garcia

    Desert Vision Realty

    (702) 689-0569

    2 in this area

    17 Total Sales

    Mercedes Paiz De Garcia
    Section Image

  • A

    Buyer's Agent in 2022

    Amanda Schnell

    Scofield Group LLC

    (702) 971-5375

    1 in this area

    24 Total Sales

    Amanda Schnell
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2379343

Las Vegas REALTORS®

APN: 138-13-510-008

Nevada Clark County Las Vegas 89108 Michael Way

5217 W Cheyenne Ave, Las Vegas, NV

Not Listed for Sale

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