NOT LISTED FOR SALE

5220 Redberry St Las Vegas, NV 89108

Michael Way Neighborhood

Estimated Value: $486,515 - $751,000

8 Beds
4 Baths
2,980 Sq Ft
$214/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $203,000 $68 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $3,767/month

105 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of May 2016

Multiple Family units on the Northwest side of the Valley. Great open floor plan with four units (all rented), two bedrooms, two bathrooms in each unit, and parking spaces. Convenient to freeways, schools, shopping, restaurants, and more! Property being sold "as-is".

Last Agent to Sell the Property

Leslie Stewart

Signature Real Estate Group License #BS.0143469 Listed on: 01/05/2016

Signature Real Estate Group

Last Buyer's Agent

Nilda Williams

Vegas International Properties License #S.0023028

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,055

Year Built

  • Built in 1979

Lot Details

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

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 2,980 Sq Ft Home
  • 1-Story Property
  • Carpet

Kitchen

  • Oven
  • Range

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 17 / 5

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Charleston Hgts #54C Subdivision

Building Details

  • Maintenance Expense $2,500
  • Professional Management Expense $2,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,055

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 9.94
  • Professional Management Expense: 2750.0
  • Subdivision Name: CHARLESTON HGTS #54C
  • Directions: West on Cheyenne from Rancho, S on Michael, E on Redberry St
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1979
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1979

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet, Other
  • Interior Amenities: None
  • Living Area: 2980.0

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Average Condition, Resale
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 150.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23375.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 2500.0
  • Annual Operating Expense: 2500.0

Tax Info

  • Tax Annual Amount: 1055.0
  • Tax Block: 5
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2016
Closed on
May 20, 2016
Sold by
Acosta Antonio Vazquez
Bought by
Vazquez Laura
Seller's Agent
Leslie Stewart
Signature Real Estate Group
Buyer's Agent
Nilda Williams
Vegas International Properties
List Price
$2,100,000
Sold Price
$203,000
Premium/Discount to List
-$1,897,000
-90.33%
Current Estimated Value
$638,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,879
Avg. Annual Appreciation
13.02%
Original Mortgage
$150,000
Outstanding Balance
$118,813
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$520,066

Purchase Details

Listed on
Jan 5, 2016
Closed on
Apr 13, 2016
Sold by
Hom James B and Hom Henry D
Bought by
Vazquez Laura
Seller's Agent
Leslie Stewart
Signature Real Estate Group
Buyer's Agent
Nilda Williams
Vegas International Properties
List Price
$2,100,000
Sold Price
$203,000
Premium/Discount to List
-$1,897,000
-90.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$118,813
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$520,066

Purchase Details

Closed on
Mar 18, 1994
Sold by
Hom Robert E and Hom Thomas W
Bought by
Hom James B and Hom Henry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
7.15%
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
Vazquez Laura -- First American Title Ins
Vazquez Laura $203,000 First American Title Ins
Hom James B -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Laura $150,000
Previous Owner Hom James B $81,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $203,000 -90.3% $68 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $2,100,000 -- $705 / 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 $4,553 $82,478 $47,600 $34,878
2024 $5,825 $82,478 $47,600 $34,878
2023 $5,825 $81,853 $48,300 $33,553
2022 $1,472 $72,425 $39,900 $32,525
2021 $1,363 $63,700 $32,200 $31,500
2020 $1,263 $64,424 $32,200 $32,224
2019 $1,183 $60,498 $28,000 $32,498
2018 $1,129 $51,417 $19,600 $31,817
2017 $1,652 $50,384 $18,025 $32,359
2016 $1,058 $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

  • L

    Seller's Agent in 2016

    Leslie Stewart

    Signature Real Estate Group

    (702) 978-8269

    81 Total Sales

    Leslie Stewart
    Section Image
  • Nilda Williams

    Buyer's Agent in 2016

    Nilda Williams

    Vegas International Properties

    (702) 497-7356

    4 in this area

    50 Total Sales

    Nilda Williams
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1597636

Las Vegas REALTORS®

APN: 138-13-510-011

Nevada Clark County Las Vegas 89108 Michael Way

5220 Redberry St, Las Vegas, NV

This home is located at 5220 Redberry St, Las Vegas, NV 89108 since 05 January 2016 and is currently estimated at $638,879, approximately $214 per square foot. This property was built in 1979. 5220 Redberry St is a home located in Clark County with nearby schools including Doris M. Reed Elementary School, Irwin & Susan Molasky Junior High School, and Cimarron Memorial 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.

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