$380,000
SOLD JUN 23, 2020

5155 Gray Ln Las Vegas, NV 89119

University District Neighborhood
-- Bed
-- Bath
3,748 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$101 Per Sq Ft

15% Below List Price

262 Days on Market

Highlights

  • Gated Community
  • Patio
  • Tile Flooring
  • Clubhouse
  • Security Guard
  • Central Heating and Cooling System

About This Home

As of June 2020

Excellent location! Near UNLV, Thomas & Mack Center, Sunrise Hospital & McCarran Airport. Well maintained 4 plex with 4 private garage has long term tenants in guard gated community. Brand new roof with warranty. 3 bedroom 2 bath, 2 story 2 bed & 2 bath, 2 story 1 bedroom/loft & bath and single story 1 bedroom & bath unit. So easy to rent! High demand area. HOA covers pool and clubhouse, security, trash, water, sewer and ground maintenance.

Last Agent to Sell the Property

David Dalton

Vegas One Realty License #BS.0021443 Listed on: 09/04/2019

Last Buyer's Agent

Prince Igboamazu

Pulse Realty Group LLC License #S.0071322

Pulse Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1977

Lot Details

  • 4,356 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $640 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,748 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher

Flooring

  • Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include ground maintenance, reserve fund, sewer, security, trash, water
  • 4 Units
  • Century Gardens #2 Resub Subdivision

Amenities

  • Clubhouse

Building Details

  • Maintenance Expense $2,500
  • Professional Management Expense $2,493

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,096

Year Built

Built in 1977

Lot Details

0

HOA Fees

$640 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • CapRate: 0.04
  • Professional Management Expense: 2493.0
  • Subdivision Name: CENTURY GARDENS #2 RESUB
  • Directions: From Tropicana - South on Maryland - Right onto Century Gardens Drive thru guard gate - Right on Gray Ln to 5155 Gray Ln.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Oven, Range, Refrigerator, Range Hood, Washer
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Patio
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Gated Community
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse, Guard, Cable TV
  • Association Fee: 640.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Reserve Fund, Sewer, Security, Trash, Water

Schools

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 31654.0
  • Insurance Expense: 1056.0
  • Maintenance Expense: 2500.0
  • Annual Operating Expense: 16525.0

Tax Info

  • Tax Annual Amount: 1096.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Jun 17, 2020
Sold by
Markley Ann Lynn
Bought by
Usigbe Nancy
Seller's Agent
David Dalton
Vegas One Realty
Buyer's Agent
Prince Igboamazu
Pulse Realty Group LLC
List Price
$445,000
Sold Price
$380,000
Premium/Discount to List
-$65,000
-14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$373,117
Outstanding Balance
$335,089
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$288,067

Purchase Details

Listed on
Mar 3, 2015
Closed on
Sep 8, 2015
Sold by
Ramirez Yolanda
Bought by
Markley Ann Lynn
Seller's Agent
John Casey
Innovative Real Estate Strateg
Buyer's Agent
David Dalton
Vegas One Realty
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.07%
Original Mortgage
$120,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2003
Sold by
Rios Angelica
Bought by
Ramirez Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,805
Interest Rate
5.13%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 1998
Sold by
Brown James Leonard and Brown Carolyn L
Bought by
Ramirez Yolanda and Rios Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,025
Interest Rate
6.63%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Bargain Sale Deed $380,000 Noble Title
Bargain Sale Deed $160,000 Chicago Title Of Nevada
Bargain Sale Deed -- Chicago Title Of Nevada
Bargain Sale Deed -- Equity Title Of Nevada
Deed $174,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $373,117 FHA
Previous Owner $160,000 New Conventional
Previous Owner $120,000 New Conventional
Previous Owner $250,000 Unknown
Previous Owner $189,805 FHA
Previous Owner $167,025 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $655,000 +72.4% $175 / Sq Ft
06/23/2020 06/23/20 Sold $380,000 -14.6% $101 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
09/04/2019 09/04/19 For Sale $445,000 +178.1% $119 / Sq Ft
09/30/2015 09/30/15 Sold $160,000 -5.3% $43 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $169,000 -- $45 / 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 $1,778 $94,273 $50,400 $43,873
2024 $1,647 $94,273 $50,400 $43,873
2023 $1,096 $98,383 $56,000 $42,383
2022 $1,525 $83,374 $42,000 $41,374
2021 $1,412 $76,468 $37,450 $39,018
2020 $1,309 $77,630 $37,450 $40,180
2019 $1,226 $68,668 $28,000 $40,668
2018 $1,170 $59,655 $19,600 $40,055
2017 $1,709 $57,972 $17,500 $40,472
2016 $1,096 $53,328 $10,500 $42,828
2015 $1,093 $49,062 $6,300 $42,762
2014 $1,059 $34,731 $6,300 $28,431
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Abel Rivera

    United Realty Group

    (702) 303-3753

    18 Total Sales

    Abel Rivera
    Section Image
  • David Dalton

    Seller's Agent in 2020

    David Dalton

    Vegas One Realty

    (702) 713-9217

    10 Total Sales

    David Dalton
    Section Image
  • Prince Igboamazu

    Buyer's Agent in 2020

    Prince Igboamazu

    Pulse Realty Group LLC

    (702) 219-5283

    28 Total Sales

    Prince Igboamazu
    Section Image
  • John Casey

    Seller's Agent in 2015

    John Casey

    Innovative Real Estate Strateg

    (702) 297-7511

    26 Total Sales

    John Casey
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2131775

Las Vegas REALTORS®

APN: 162-27-617-001

Nevada Clark County Las Vegas 89119 University District

5155 Gray Ln, Las Vegas, NV

This home is located at 5155 Gray Ln, Las Vegas, NV 89119 and is currently priced at $380,000, approximately $101 per square foot. This property was built in 1977. 5155 Gray Ln 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.

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