NOT LISTED FOR SALE

5501 Reiter Ave Las Vegas, NV 89108

Michael Way Neighborhood

Estimated Value: $365,805 - $395,000

3 Beds
2 Baths
1,663 Sq Ft
$233/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $215,000 $129 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,125/month

122 Days on Market

Highlights

  • No HOA
  • Handicap Accessible
  • Drip System Landscaping
  • Covered Patio or Porch
  • Garden
  • Central Heating and Cooling System

About This Home

As of June 2019

Ready for move in and a great value for a recently remodeled home with a newer roof. The family room has a wood burning fireplace making it an excellent gathering place. Very nice low maintenance backyard with a garden area ready to go. Bedroom closets have some built in shelving and lighting. Home has been well maintained over the years. A widened driveway gives you extra parking. AC unit less than a year old.

Last Agent to Sell the Property

Tim Tieman

BHHS Nevada Properties License #S.0076323 Listed on: 01/25/2019

BHHS Nevada Properties

Last Buyer's Agent

Paula Clarke

eXp Realty License #S.0069308

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $665

Year Built

  • Built in 1965

Lot Details

  • 7,405 Sq Ft Lot
  • North Facing Home
  • Chain Link Fence
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Garden
  • Back Yard Fenced and Front Yard
  • Property is in good condition

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,663 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Grab Bars
  • Handicap Accessible

Outdoor Features

  • Covered Patio or Porch

Schools

  • Ronzone Bertha Elementary School
  • Brinley J. Harold Middle School
  • Western High School

Utilities

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

Community Details

  • No Home Owners Association
  • Charleston Hgts 50B Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$665

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Ownership: Single Family Residential
  • Subdivision Name: CHARLESTON HGTS 50B
  • Directions: West on Smoke Ranch from Decatur to third left on Jeanne then 3rd right on Reiter. Home is on the SW corner of Jeanne and Reiter.
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1965
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1965

Interior Features

  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
  • Accessibility Features: Grab Bars
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Linoleum, Vinyl
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Handicap Access, Primary Downstairs, Window Treatments
  • Living Area: 1663.0
  • Window Features: Blinds, Window Treatments

Exterior Features

  • Fencing: Back Yard, Chain Link
  • Lot Features: Back Yard, Drip Irrigation/Bubblers, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Landscaped, Sprinklers Timer, < 1/4 Acre
  • Pool Private: No
  • View: None
  • View: No
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Exterior Features: Patio, Private Yard, Sprinkler/Irrigation
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Main Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Ronzone Bertha,Ronzone Bertha
  • High School: Western
  • Middle Or Junior School: Brinley J. Harold

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 7405.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 665.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2019
Closed on
Jun 17, 2019
Sold by
Gandulla Connie and Church Vonnie
Bought by
Rainwater Stacy L and Marshall Susan
Seller's Agent
Tim Tieman
BHHS Nevada Properties
Buyer's Agent
Paula Clarke
eXp Realty
List Price
$254,900
Sold Price
$215,000
Premium/Discount to List
-$39,900
-15.65%
Current Estimated Value
$387,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,451
Avg. Annual Appreciation
8.51%
Original Mortgage
$211,105
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2008
Sold by
Stratton Diana M
Bought by
Gandullas Connie Lynn and Church Vonnie Marie

Purchase Details

Closed on
Aug 23, 2007
Sold by
Stratton Diana M
Bought by
Stratton Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,125
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 1997
Sold by
Stratton Diana M and Stratton Douglas H
Bought by
Stratton Diana M and Stratton Douglas H

Purchase Details

Closed on
Mar 28, 1995
Sold by
Stratton Diana M and Thieben Diana
Bought by
Stratton Diana M and Stratton Douglas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,252
Interest Rate
8.9%
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
Rainwater Stacy L $215,000 First American Title
Church Vonnie Marie -- First American Title
Gandulla Connie Lynn -- First American Title
Gandullas Connie Lynn -- None Available
Stratton Diana M -- Lawyers Title Of Nevada
Stratton Diana M -- --
Stratton Diana M -- Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainwater Stacy L $211,105
Previous Owner Stratton Diana M $55,125
Previous Owner Stratton Diana M $30,252
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $215,000 -15.7% $129 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $254,900 -- $153 / 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 $840 $48,806 $28,350 $20,456
2024 $816 $48,806 $28,350 $20,456
2023 $816 $50,059 $31,500 $18,559
2022 $792 $42,462 $25,900 $16,562
2021 $769 $39,527 $24,150 $15,377
2020 $744 $36,297 $21,350 $14,947
2019 $722 $32,607 $18,200 $14,407
2018 $701 $29,605 $16,100 $13,505
2017 $889 $28,432 $15,050 $13,382
2016 $665 $23,416 $10,500 $12,916
2015 $621 $21,328 $8,050 $13,278
2014 $602 $19,132 $5,250 $13,882
Source: Public Records

Agents Affiliated with this Home

  • Tim Tieman

    Seller's Agent in 2019

    Tim Tieman

    BHHS Nevada Properties

    (702) 497-7246

    1 in this area

    26 Total Sales

    Tim Tieman
    Section Image

  • P

    Buyer's Agent in 2019

    Paula Clarke

    eXp Realty

    1 in this area

    19 Total Sales

    Paula Clarke
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2065158

Las Vegas REALTORS®

APN: 138-24-120-062

Nevada Clark County Las Vegas 89108 Michael Way

5501 Reiter Ave, Las Vegas, NV

This home is located at 5501 Reiter Ave, Las Vegas, NV 89108 since 25 January 2019 and is currently estimated at $387,451, approximately $232 per square foot. This property was built in 1965. 5501 Reiter Ave is a home located in Clark County with nearby schools including Bertha Ronzone Elementary School, J. Harold Brinley Middle School, and Western 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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