NOT LISTED FOR SALE

5246 Gray Ln Unit K Las Vegas, NV 89119

University District Neighborhood

Estimated Value: $137,000 - $272,191

2 Beds
2 Baths
1,070 Sq Ft
$165/mo HOA Fee

Last Sold February 03, 2020

Last sale price $80,008 $75 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,360/month

22 Days on Market

Highlights

  • Gated Community
  • 1 Car Detached Garage
  • Patio
  • Community Pool
  • Double Pane Windows
  • Ceramic Tile Flooring

About This Home

As of February 2020

Investor Special!! Open floor plan condo with 2 bedroom / 2 bath (dual master layout). 1070 sq.ft. with a 1 car detached garage. Conveniently located in a gated community just minutes from UNLV, Las Vegas McCarren Airport, the strip, and public transportation. Tax record is unit K, but door is marked with B. Garage Unit B also.

Last Agent to Sell the Property

Keith Leary

Realty ONE Group, Inc License #S.0057305 Listed on: 12/12/2019

Realty ONE Group, Inc

Last Buyer's Agent

Michael Zhang

Vertex Realty & Property Manag License #S.0173809

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $225

Year Built

  • Built in 1977

Lot Details

  • West Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Desert Landscape
  • Property is in average condition

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Guest Parking
  • Open Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,070 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Blinds

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Schools

  • Ward Gene Elementary School
  • Cannon Helen C. Middle School
  • Del Sol High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Windows
  • Patio

Community Details

Overview

  • Association fees include management
  • Parkway Villas Association, Phone Number (702) 433-0149
  • Century Garden #2 Amd Resub Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$225

Year Built

Built in 1977

Lot Details

0

HOA Fees

$165 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: CENTURY GARDEN #2 AMD RESUB
  • Directions: Tropicana & Maryland, South on Maryland Prkwy, right into Parkway Villas. Go to Gray Ln and turn left, unit B is at the end on the left. Unit B is on the Door & Garage.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Window Treatments
  • Living Area: 1070.0
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Fencing: Partial, Wood
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: West
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Property Condition: Average Condition, Resale
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Detached, Garage, Open, Guest

Utilities

  • Laundry Features: Electric Dryer Hookup, In Garage
  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Gated, Pool
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association Name: Parkway Villas
  • Phone: 702-433-0149
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management

Schools

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

Lot Info

  • Horse Amenities: None
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 225.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
Jan 29, 2020
Sold by
Adams Jay C and Miller Kathy L
Bought by
Wong Yiuei
Seller's Agent
Keith Leary
Realty ONE Group, Inc
Buyer's Agent
Michael Zhang
Vertex Realty & Property Manag
List Price
$97,500
Sold Price
$80,008
Premium/Discount to List
-$17,492
-17.94%
Total Days on Market
22
Current Estimated Value
$208,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,290
Avg. Annual Appreciation
19.58%

Purchase Details

Closed on
Jan 27, 2005
Sold by
Williams Albertine
Bought by
Revocable Living Trust Of Jay C & Kathy

Purchase Details

Closed on
Oct 7, 1996
Sold by
Franz Henry J and Franz Ingrid M
Bought by
Williams Albertine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
8.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 26, 1995
Sold by
Vasquez Raoul B and Vasquez Ann M
Bought by
Franz Henry J and Franz Ingrid M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.37%
Mortgage Type
Seller Take Back
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
Wong Yiuei $80,008 First American Title
Revocable Living Trust Of Jay C & Kathy $91,000 Ticor Title Of Nevada Inc
Williams Albertine $58,000 Lawyers Title
Franz Henry J $50,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Albertine $51,000
Previous Owner Franz Henry J $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2020 02/03/20 Sold $80,008 -17.9% $75 / Sq Ft
01/04/2020 01/04/20 Pending -- -- --
12/12/2019 12/12/19 For Sale $97,500 -- $91 / 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 $361 $25,023 $12,600 $12,423
2024 $335 $25,023 $12,600 $12,423
2023 $335 $25,241 $14,000 $11,241
2022 $310 $21,172 $9,450 $11,722
2021 $287 $19,284 $9,100 $10,184
2020 $264 $19,461 $9,100 $10,361
2019 $247 $18,208 $7,700 $10,508
2018 $236 $15,669 $5,250 $10,419
2017 $442 $15,001 $4,200 $10,801
2016 $225 $14,733 $3,500 $11,233
2015 $223 $12,617 $2,800 $9,817
2014 $216 $9,941 $1,750 $8,191
Source: Public Records

Agents Affiliated with this Home

  • Keith Leary

    Seller's Agent in 2020

    Keith Leary

    Realty ONE Group, Inc

    (702) 427-9444

    31 Total Sales

    Keith Leary
    Section Image

  • M

    Buyer's Agent in 2020

    Michael Zhang

    Vertex Realty & Property Manag

    4 Total Sales

    Michael Zhang
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2158766

Las Vegas REALTORS®

APN: 162-27-611-126

Nevada Clark County Las Vegas 89119 University District

5246 Gray Ln Unit K, Las Vegas, NV

This home is located at 5246 Gray Ln Unit K, Las Vegas, NV 89119 since 12 December 2019 and is currently estimated at $208,298, approximately $194 per square foot. This property was built in 1977. 5246 Gray Ln Unit K 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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