NOT LISTED FOR SALE

5236 Gray Ln Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $612,000 - $752,000

7 Beds
6 Baths
3,748 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $605,000 $161 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,420/month

70 Days on Market

Highlights

  • Community Pool
  • Central Heating and Cooling System
  • Laundry Facilities
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Community Storage Space

About This Home

As of July 2022

AMAZING Investment Opportunity! Gated Community with Pool, security guard 24/7. All units have private garages. 5-minute drive to UNLV, Airport. Close to Restaurants, and Shopping centers. All units are rented now and have the potential to rise up rent. All tenants are paying on time. All A/C units are quite new.

Last Agent to Sell the Property

Rui Simon

Las Vegas Realty LLC License #BS.0145570 Listed on: 05/04/2022

Last Buyer's Agent

Klara Horton

Toro Realty License #BS.0146213

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,429

Year Built

  • Built in 1977

Lot Details

  • 4,253 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $740 Monthly HOA Fees

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,748 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

Overview

  • Association fees include management, ground maintenance, security
  • 4 Buildings
  • 4 Units
  • Century Garden Sub Amd Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Building Details

  • Professional Management Expense $4,164

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,429

Year Built

Built in 1977

Lot Details

0

HOA Fees

$740 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.0976
  • Professional Management Expense: 4164.0
  • Subdivision Name: Century Garden Sub Amd
  • Directions: South to Maryland Parkway from Tropicana, Right into Parkway Villas.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1977

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 4
  • Appliances: Dryer, Dishwasher, Washer
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3748.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Block
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

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, Pool, Storage, Cable TV
  • Association Fee: 740.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Security

Lot Info

  • Lot Size Sq Ft: 4253.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 27243.0
  • Insurance Expense: 650.0
  • Annual Operating Expense: 14481.0

Tax Info

  • Tax Annual Amount: 1429.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jul 11, 2022
Sold by
Sosa and Yang
Bought by
Lin Family Trust
Seller's Agent
Rui Simon
Las Vegas Realty LLC
Buyer's Agent
Klara Horton
Toro Realty
List Price
$620,000
Sold Price
$605,000
Premium/Discount to List
-$15,000
-2.42%
Current Estimated Value
$663,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,262
Avg. Annual Appreciation
2.88%

Purchase Details

Listed on
Nov 21, 2017
Closed on
Dec 18, 2017
Sold by
Crazy Tees Asia Inc
Bought by
Sosa Eric and Sosa Yang
Seller's Agent
Jacqueline Frye
Real Broker LLC
Buyer's Agent
Jacqueline Frye
Real Broker LLC
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.44%

Purchase Details

Closed on
Sep 26, 2017
Sold by
Eals Global Llc
Bought by
Crazy Tees Asia Inc

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 16, 2017
Sold by
Narayan Ajay S
Bought by
Elas Global Llc
Seller's Agent
Ehren Alessi
LIFE Realty District
Buyer's Agent
Jacqueline Frye
Real Broker LLC
List Price
$215,000
Sold Price
$225,000
Premium/Discount to List
$10,000
4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Original Mortgage
$180,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 24, 2012
Closed on
Sep 19, 2012
Sold by
Wells Fargo Bank Na
Bought by
Narayan Ajay S
Seller's Agent
Rick Brenkus
Keller Williams MarketPlace
Buyer's Agent
Rick Brenkus
Keller Williams MarketPlace
List Price
$74,900
Sold Price
$68,000
Premium/Discount to List
-$6,900
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.65%

Purchase Details

Closed on
Aug 10, 2011
Sold by
Mkhitarian Yegia
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Nov 22, 2004
Sold by
Mkhitarian Siranoush Susan
Bought by
Mkhitarian Yegia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 10, 2004
Sold by
Liberty Oaks Properties Llc
Bought by
Mkhitarin Yegia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 2001
Sold by
Jensen Roy D
Bought by
Holmes Dawn Marie

Purchase Details

Closed on
Jan 26, 2000
Sold by
Holmes Dawn Marie
Bought by
Jensen Roy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,875
Interest Rate
11.75%

Purchase Details

Closed on
Jun 30, 1995
Sold by
Natvik James A
Bought by
Holmes Dawn Marie
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
Lin Family Trust $605,000 Lawyers Title
Sosa Eric $250,000 Ticor Title Las Vegas
Crazy Tees Asia Inc $225,000 None Available
Elas Global Llc $225,000 National Title Co
Narayan Ajay S $68,000 Chicago Title Las Vegas
Wells Fargo Bank N A $103,500 Accommodation
Mkhitarian Yegia -- Fidelity National Title
Mkhitarin Yegia $285,000 Fidelity National Title
Holmes Dawn Marie $42,667 Lawyers Title
Jensen Roy D $178,500 Nevada Title Company
Holmes Dawn Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elas Global Llc $180,000
Previous Owner Mkhitarin Yegia $228,000
Previous Owner Jensen Roy D $133,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2022 07/14/22 Sold $605,000 -2.4% $161 / Sq Ft
06/19/2022 06/19/22 Off Market $620,000 -- --
05/04/2022 05/04/22 For Sale $620,000 +148.0% $165 / Sq Ft
12/27/2017 12/27/17 Sold $250,000 0.0% $66 / Sq Ft View Prior Sale
11/27/2017 11/27/17 Pending -- -- --
11/21/2017 11/21/17 For Sale $250,000 +11.1% $66 / Sq Ft
06/20/2017 06/20/17 Sold $225,000 +4.7% $59 / Sq Ft View Prior Sale
05/21/2017 05/21/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $215,000 +216.2% $56 / Sq Ft
09/21/2012 09/21/12 Sold $68,000 -9.2% $18 / Sq Ft View Prior Sale
08/22/2012 08/22/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $74,900 -- $20 / 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 $1,798 $94,273 $50,400 $43,873
2024 $1,666 $94,273 $50,400 $43,873
2023 $1,666 $98,383 $56,000 $42,383
2022 $1,543 $83,374 $42,000 $41,374
2021 $1,429 $77,029 $37,450 $39,579
2020 $1,324 $78,194 $37,450 $40,744
2019 $1,241 $69,242 $28,000 $41,242
2018 $1,184 $60,228 $19,600 $40,628
2017 $1,726 $58,556 $17,500 $41,056
2016 $1,109 $53,935 $10,500 $43,435
2015 $1,106 $49,675 $6,300 $43,375
2014 $1,072 $35,135 $6,300 $28,835
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rui Simon

    Las Vegas Realty LLC

    (702) 334-9319

    5 in this area

    59 Total Sales

    Rui Simon
    Section Image
  • Klara Horton

    Buyer's Agent in 2022

    Klara Horton

    Toro Realty

    (702) 325-7898

    2 in this area

    25 Total Sales

    Klara Horton
    Section Image
  • Ehren Alessi

    Seller's Agent in 2017

    Ehren Alessi

    LIFE Realty District

    (702) 830-7657

    378 Total Sales

    Ehren Alessi
    Section Image

  • J

    Seller's Agent in 2017

    Jacqueline Frye

    Real Broker LLC

    (702) 610-2633

    17 Total Sales

    Jacqueline Frye
    Section Image
  • Rick Brenkus

    Seller's Agent in 2012

    Rick Brenkus

    Keller Williams MarketPlace

    (725) 888-8724

    11 in this area

    1,160 Total Sales

    Rick Brenkus
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2393433

Las Vegas REALTORS®

APN: 162-27-611-315

Nevada Clark County Las Vegas 89119 University District

5236 Gray Ln, Las Vegas, NV

This home is located at 5236 Gray Ln, Las Vegas, NV 89119 since 04 May 2022 and is currently estimated at $663,262, approximately $176 per square foot. This property was built in 1977. 5236 Gray Ln 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.

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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