NOT LISTED FOR SALE

6557 Mcrae Ave Las Vegas, NV 89108

Michael Way Neighborhood

Estimated Value: $675,767 - $1,065,000

8 Beds
8 Baths
4,760 Sq Ft
$178/Sq Ft Est. Value

Last Sold June 04, 2019

Last sale price $425,000 $89 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,635/month

1 Day on Market

Highlights

  • Community Pool
  • Home Security System
  • Storage
  • Balcony
  • Laundry Room
  • Ceramic Tile Flooring

About This Home

As of June 2019

LARGER BUILDING IN THE COMMUNITY, PATIO OVERLOOKING SWIMMING POOL. FOUR 2 BEDROOM 2 BATHROOM UNITS, LARGER LIVING ROOM AND DINING ROOM. INCLUDES WASHER AND DRYER IN THE LAUNDRY ROOM, REFRIGERATOR, OVEN/RANGE, DISHWASHER, CEILING FAN, AND SEPARATE STORAGE ROOM FOR EACH UNIT. WALK TO ELEMENTARY SCHOOL, RESTAURANTS, STORES, AND NEAR TO FREEWAY ABOUT 10 MINUTES DRIVE TO THE STRIP. EXCELLENT INVESTMENT PROPERTY.

Last Agent to Sell the Property

Med Danao

Paradigm Realty License #BS.0065643 Listed on: 06/02/2019

Last Buyer's Agent

Danielle Kalkas

GK Properties License #S.0182511

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1998

Lot Details

  • 10,019

HOA Fees

  • $830 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Quadruplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,760 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Storage
  • Home Security System

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Property is in good condition

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, reserve fund, security, taxes, trash
  • 4 Units
  • Rock Springs Vista Subdivision
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,224

Year Built

Built in 1998

Lot Details

0

HOA Fees

$830 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Subdivision Name: ROCK SPRINGS VISTA
  • Directions: FROM RAINBOW AND LAKE MEAD, GO NORTH ON RAINBOW, RIGHT ON BALZAR, LEFT INTO SUMMER VILLAS COMPLEX, RIGHT ON BENMORE, CONTINUE TO MCRAE AVE, PROPERTY FACING SWIMMING POOL.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1998

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Range Hood, Washer
  • Flooring: Carpet, Ceramic Tile, Tile
  • Interior Amenities: Ceiling Fan(s), Storage
  • Window Features: Blinds

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Stucco
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Parking Features: Covered

Utilities

  • Laundry Features: Laundry Room
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Maintenance Structure, Pool, Spa/Hot Tub, Cable TV
  • Association Fee: 830.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Reserve Fund, Security, Taxes, Trash

Lot Info

  • Current Use: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Other

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2224.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2019
Closed on
Jun 4, 2019
Sold by
Danao Medonio and Danao Imelda
Bought by
Labruna Chris
Seller's Agent
Med Danao
Paradigm Realty
Buyer's Agent
Danielle Kalkas
GK Properties
List Price
$429,000
Sold Price
$425,000
Premium/Discount to List
-$4,000
-0.93%
Current Estimated Value
$845,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,692
Avg. Annual Appreciation
11.44%
Original Mortgage
$340,000
Outstanding Balance
$298,943
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$546,749

Purchase Details

Closed on
Oct 10, 2003
Sold by
Cirelli Eleonora
Bought by
Danao Medonio and Danao Imelda

Purchase Details

Closed on
Jun 8, 2001
Sold by
Summer Villas At Balzar Llc
Bought by
Cirelli Eleonora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.14%

Purchase Details

Closed on
Dec 30, 1999
Sold by
Summer Villas At Balzar Llc
Bought by
Durant Leo N and Niel Dexter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,600
Interest Rate
4.35%
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
Labruna Chris $425,000 Ticor Title Las Vegas
Danao Medonio $365,000 Land Title Of Nevada
Cirelli Eleonora $339,500 First American Title Co
Durant Leo N $269,600 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labruna Chris $340,000
Previous Owner Cirelli Eleonora $162,000
Previous Owner Durant Leo N $269,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2019 06/04/19 Sold $425,000 -0.9% $89 / Sq Ft
06/02/2019 06/02/19 For Sale $429,000 -- $90 / 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 $3,648 $186,336 $57,400 $128,936
2024 $3,378 $186,336 $57,400 $128,936
2023 $2,224 $195,015 $72,800 $122,215
2022 $3,128 $178,720 $63,000 $115,720
2021 $2,897 $166,281 $56,000 $110,281
2020 $2,687 $153,291 $43,400 $109,891
2019 $2,518 $142,187 $39,200 $102,987
2018 $2,376 $110,465 $22,400 $88,065
2017 $3,208 $97,864 $18,375 $79,489
2016 $2,224 $81,727 $15,400 $66,327
2015 $2,219 $65,548 $14,000 $51,548
2014 $2,150 $63,770 $21,000 $42,770
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Med Danao

    Paradigm Realty

    (702) 522-9357

    1 Total Sale

    Med Danao
    Section Image
  • Danielle Kalkas

    Buyer's Agent in 2019

    Danielle Kalkas

    GK Properties

    (702) 767-4154

    57 Total Sales

    Danielle Kalkas
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2102370

Las Vegas REALTORS®

APN: 138-23-124-066

Nevada Clark County Las Vegas 89108 Michael Way

6557 Mcrae Ave, Las Vegas, NV

This home is located at 6557 Mcrae Ave, Las Vegas, NV 89108 since 02 June 2019 and is currently estimated at $845,692, approximately $177 per square foot. This property was built in 1998. 6557 Mcrae Ave is a home located in Clark County with nearby schools including Lilly & Wing Fong Elementary School, J. Harold Brinley Middle School, and Cimarron Memorial High School.

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