NOT LISTED FOR SALE

5850 Madre Mesa Dr Las Vegas, NV 89108

Michael Way Neighborhood

Estimated Value: $496,855 - $524,000

3 Beds
3 Baths
1,377 Sq Ft
$373/Sq Ft Est. Value

About This Home

This home is located at 5850 Madre Mesa Dr, Las Vegas, NV 89108 and is currently estimated at $514,214, approximately $373 per square foot. 5850 Madre Mesa Dr is a home located in Clark County with nearby schools including Doris M. Reed Elementary School, J. Harold Brinley Middle School, and Cimarron Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2020
Sold by
Wells Cheryl and Wells Ronald
Bought by
Wells Cheryl
Current Estimated Value
$514,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Outstanding Balance
$292,814
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$196,522

Purchase Details

Closed on
Apr 14, 2014
Sold by
Wells Ronald R and Wells Cheryl L
Bought by
Kersey Sean C and Kersey Dustin

Purchase Details

Closed on
Oct 24, 2001
Sold by
Davis Joseph I and Davis Janell L
Bought by
Wells Ronald R and Wells Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.39%

Purchase Details

Closed on
Feb 14, 1994
Sold by
May Ronald Lee
Bought by
Davis Joseph I and Davis Janell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,930
Interest Rate
6.98%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Wells Cheryl -- None Available
Kersey Sean C -- None Available
Wells Ronald R $200,000 Fidelity National Title
Davis Joseph I -- United Title
May Ronald Lee -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Cheryl L $327,000
Closed Wells Ronald R $175,200
Closed Wells Ronald R $340,000
Closed Wells Ronald R $200,000
Closed Wells Ronald R $50,000
Previous Owner Wells Ronald R $190,000
Previous Owner May Ronald Lee $7,930
Previous Owner May Ronald Lee $131,250
Closed May Ronald Lee $15,000
Source: Public Records

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 $1,219 $93,578 $52,500 $41,078
2024 $1,184 $93,578 $52,500 $41,078
2023 $1,184 $90,152 $50,750 $39,402
2022 $1,150 $80,275 $43,050 $37,225
2021 $1,116 $81,387 $45,150 $36,237
2020 $1,081 $74,599 $37,800 $36,799
2019 $1,068 $68,200 $31,150 $37,050
2018 $1,019 $63,947 $27,300 $36,647
2017 $1,771 $64,967 $26,950 $38,017
2016 $955 $61,232 $22,050 $39,182
2015 $952 $55,156 $16,100 $39,056
2014 $924 $42,287 $14,000 $28,287
Source: Public Records

Map

Nevada Clark County Las Vegas 89108 Michael Way

5850 Madre Mesa Dr, Las Vegas, NV

This home is located at 5850 Madre Mesa Dr, Las Vegas, NV 89108 and is currently estimated at $514,214, approximately $373 per square foot. 5850 Madre Mesa Dr is a home located in Clark County with nearby schools including Doris M. Reed Elementary School, J. Harold Brinley Middle 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.

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