$48,300
SOLD MAR 20, 2012

5225 W Reno Ave Unit 224 Las Vegas, NV 89118

Spring Valley Neighborhood
2 Beds
2 Baths
1,001 Sq Ft
$125/mo HOA Fee

Recently Sold

$48 Per Sq Ft

3% Above List Price

64 Days on Market

Highlights

  • Gated Community
  • Covered patio or porch
  • 1 Detached Carport Space
  • Community Pool
  • Laundry Room
  • Desert Landscape

About This Home

As of March 2012

Great bank owned Condo in great location. Upstairs unit.

Last Agent to Sell the Property

John Gafford

Simply Vegas License #B.1000960 Listed on: 12/16/2011

Simply Vegas

Last Buyer's Agent

Meline Hakobyan

Realty ONE Group, Inc License #S.0066538

Realty ONE Group, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $614

Year Built

  • Built in 1994

Lot Details

  • East Facing Home
  • Desert Landscape
  • Property is in good condition

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,001 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Jydstrup Helen Elementary School
  • Sawyer Grant Middle School
  • Durango High School

Utilities

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

Community Details

Overview

  • Association fees include management, ground maintenance, recreation facilities, trash
  • Tanglewood Association, Phone Number (702) 638-7770
  • Tanglewood Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$614

Year Built

Built in 1994

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: TANGLEWOOD CONDO
  • Directions: From Tropicana & Decatur go South on Decatur Right on Reno Left into Tanglewood Condos
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1994
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: 20
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, None
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Exterior Features: Patio
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Assigned, Covered, Detached Carport, Open

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Gated, Pool, Spa/Hot Tub
  • Association Fee: 125.0
  • Association Fee Frequency: Monthly
  • Association Name: TANGLEWOOD
  • Phone: 702-638-7770
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Recreation Facilities, Trash

Schools

  • Elementary School: Jydstrup Helen,Jydstrup Helen
  • High School: Durango
  • Middle Or Junior School: Sawyer Grant

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 2162.0
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 614.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2011
Closed on
Jan 30, 2012
Sold by
Bank Of America Na
Bought by
Babayan Yervand
Seller's Agent
John Gafford
Simply Vegas
Buyer's Agent
Meline Hakobyan
Realty ONE Group, Inc
List Price
$46,900
Sold Price
$48,300
Premium/Discount to List
$1,400
2.99%
Current Estimated Value
$239,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,026
Avg. Annual Appreciation
12.92%

Purchase Details

Closed on
Oct 17, 2011
Sold by
Markosyan Mari
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 11, 2006
Sold by
Gezalyan Art
Bought by
Markosyan Mari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 1, 2004
Sold by
Brooks Rosalinda
Bought by
Brooks Keith B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2002
Sold by
Jahr Vernon A and Jahr May L
Bought by
Brooks Keith B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.89%

Purchase Details

Closed on
Jul 27, 1994
Sold by
The Reno Edmonds Properties Ltd Prtnrshp
Bought by
Jahr Vernon A and Jahr May L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,650
Interest Rate
8.38%
Mortgage Type
FHA
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 Type Sale Price Title Company
Bargain Sale Deed $48,300 Fidelity Rainbow
Trustee Deed $40,000 Accommodation
Interfamily Deed Transfer $182,000 First Amer Title Co Of Nv
Bargain Sale Deed $182,000 First Amer Title Co Of Nv
Interfamily Deed Transfer -- North American Title Co
Bargain Sale Deed $85,000 First American Title Co
Grant Deed $78,500 National Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $163,800 Negative Amortization
Previous Owner $74,000 New Conventional
Previous Owner $68,000 No Value Available
Previous Owner $76,650 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2017 08/01/17 For Rent $900 0.0% --
08/01/2017 08/01/17 Rented $900 0.0% --
09/20/2016 09/20/16 Rented $900 +5.9% --
08/21/2016 08/21/16 Under Contract -- -- --
08/09/2016 08/09/16 For Rent $850 0.0% --
07/22/2015 07/22/15 For Rent $850 0.0% --
07/22/2015 07/22/15 Rented $850 0.0% --
03/20/2012 03/20/12 Sold $48,300 +3.0% $48 / Sq Ft
02/19/2012 02/19/12 Pending -- -- --
12/16/2011 12/16/11 For Sale $46,900 -- $47 / 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 $807 $44,115 $18,900 $25,215
2024 $748 $44,115 $18,900 $25,215
2023 $748 $44,768 $21,350 $23,418
2022 $693 $39,586 $17,850 $21,736
2021 $642 $36,881 $15,750 $21,131
2020 $593 $36,826 $15,750 $21,076
2019 $556 $33,979 $12,950 $21,029
2018 $530 $27,245 $6,650 $20,595
2017 $805 $27,449 $6,300 $21,149
2016 $498 $26,926 $5,600 $21,326
2015 $496 $19,189 $3,850 $15,339
2014 $480 $15,883 $4,200 $11,683
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Davit Hakobyan

    Dream Big Realty Group

    18 in this area

    59 Total Sales

    Section Image

  • M

    Buyer's Agent in 2017

    MICHAEL FISSEHA

    Elite Realty

    (702) 561-0844

    4 in this area

    13 Total Sales

    Section Image

  • S

    Buyer's Agent in 2016

    Shahla Rouhani

    Realty ONE Group, Inc

    (919) 348-7434

    2 in this area

    29 Total Sales

    Section Image
  • John Gafford

    Seller's Agent in 2012

    John Gafford

    Simply Vegas

    (702) 577-1143

    28 Total Sales

    Section Image

  • M

    Buyer's Agent in 2012

    Meline Hakobyan

    Realty ONE Group, Inc

    2 in this area

    7 Total Sales

    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1210888

Las Vegas REALTORS®

APN: 163-25-613-070

Nevada Clark County Las Vegas 89118 Spring Valley

5225 W Reno Ave Unit 224, Las Vegas, NV

This home is located at 5225 W Reno Ave Unit 224, Las Vegas, NV 89118 and is currently priced at $48,300, approximately $48 per square foot. This property was built in 1994. 5225 W Reno Ave Unit 224 is a home located in Clark County with nearby schools including Helen Jydstrup Elementary School, Grant Sawyer Middle School, and Durango 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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