NOT LISTED FOR SALE

5321 W Cheyenne Ave Las Vegas, NV 89108

Michael Way Neighborhood

Estimated Value: $620,431 - $697,000

8 Beds
4 Baths
2,980 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $563,000 $189 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,771/month

12 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of December 2022

4 PLEX INVESTMENT OPPORTUNITY! Great location close to restaurants, shopping centers and transportation. ALL units have 2 BEDROOMS, 1 BATH in good condition. Investment opportunity in Multi-Family Fourplex located near the 95 HWY. Property features 1 building with 4 units. Each unit is 745 sq ft, with Washer, dryer, and refrigerator included with all units. Currently, three units are occupied and are month to month with long term tenants. It's a great time to capitalize in a booming rental market. Contact me today for more information.

Last Listed By

Eric Wright

Key Realty Southwest LLC Brokerage Phone: (702) 279-5250 License #S.0062276 Listed on: 11/01/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,475

Year Built

  • Built in 1979

Lot Details

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

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Alley Access
  • Paved Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Charleston Heights Tr #54C Subdivision

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,475

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: WEST ON CHEYENNE FROM RANCHO TO PROPERTY ON THE LEFT
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1979
  • ResoPropertyType: Residential
  • Attribution Contact: (702) 279-5250
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1979

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Oven, Range, Refrigerator, Range Hood, Washer
  • Flooring: Ceramic Tile
  • Living Area: 2980.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Alley Access, Assigned, Paved
  • 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

Condo/Co-op/Association

  • Amenities: None

Fee Information

  • Association Fee Includes: None

Schools

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 33600.0
  • Insurance Expense: 1738.0

Tax Info

  • Tax Annual Amount: 1475.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Ppv Llc
Bought by
Dem Living Trust
Total Days on Market
12
Current Estimated Value
$649,358

Purchase Details

Listed on
Nov 1, 2022
Closed on
Dec 14, 2022
Sold by
Rivers Jennifer and Rivers Olin
Bought by
Ppv Llc
Seller's Agent
Eric Wright
Key Realty Southwest LLC
Buyer's Agent
Shreela Chakmian
Elite Realty
List Price
$574,900
Sold Price
$563,000
Premium/Discount to List
-$11,900
-2.07%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%

Purchase Details

Closed on
Mar 10, 2005
Sold by
Ruiz Sujey
Bought by
Ruiz Rogelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,400
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 8, 2005
Sold by
Ruiz Rogelio
Bought by
Rivers Olin and Rivers Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,400
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 12, 2004
Sold by
Ruiz Rogelio
Bought by
Ruiz Rogelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 23, 1998
Sold by
Obrien Thomas M and Obrien Gloria
Bought by
Ruiz Rogelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
10.25%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dem Living Trust -- Title Deeds & Needs
Ppv Llc $563,000 Ticor Title
Ruiz Rogelio -- Lawyers Title Of Nevada
Rivers Olin $368,000 Lawyers Title Of Nevada
Ruiz Rogelio -- --
Ruiz Rogelio $175,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivers Jennifer $352,900
Previous Owner Rivers Jennifer $372,000
Previous Owner Rivers Olin $294,400
Previous Owner Ruiz Rogelio $50,000
Previous Owner Ruiz Rogelio $172,000
Previous Owner Ruiz Rogelio $131,250
Closed Ruiz Rogelio $26,250
Closed Rivers Olin $73,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $563,000 -2.1% $189 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $574,900 -- $193 / 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 $1,640 $82,756 $47,600 $35,156
2024 $1,519 $82,756 $47,600 $35,156
2023 $1,519 $82,120 $48,300 $33,820
2022 $1,475 $72,679 $39,900 $32,779
2021 $1,366 $63,945 $32,200 $31,745
2020 $1,266 $64,672 $32,200 $32,472
2019 $1,186 $60,746 $28,000 $32,746
2018 $1,132 $51,664 $19,600 $32,064
2017 $1,660 $50,639 $18,025 $32,614
2016 $1,061 $49,662 $15,400 $34,262
2015 $1,060 $37,218 $14,000 $23,218
2014 $1,027 $30,383 $12,600 $17,783
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Eric Wright

    Key Realty Southwest LLC

    4 in this area

    86 Total Sales

    Eric Wright
    Section Image

  • S

    Buyer's Agent in 2022

    Shreela Chakmian

    Elite Realty

    (702) 429-3095

    2 in this area

    41 Total Sales

    Shreela Chakmian
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2451246

Las Vegas REALTORS®

APN: 138-13-510-002

Nevada Clark County Las Vegas 89108 Michael Way

5321 W Cheyenne Ave, Las Vegas, NV

Homes for Sale in Las Vegas, NV

This home is located at 5321 W Cheyenne Ave, Las Vegas, NV 89108 since 01 November 2022 and is currently estimated at $649,358, approximately $217 per square foot. This property was built in 1979. 5321 W Cheyenne Ave 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.

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.

Nearby Homes