5225 Gray Ln, Las Vegas, NV, 89119

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5225 Gray Ln, Las Vegas$620,000

Buyer Closing Credits

$7,363^*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family

ParkingGarage

Year Built1977

HeatingCentral, Electric

CoolingCentral Air

MLS #2589669

Lot Size0.12 Acres

StatusActive

About 5225 Gray Ln

5225 Gray #A 162-27-611-133 (3 bedroom 2 bath) 5225 Gray #B 162-27-611-134 ( 1 bedroom flat) 5225 Gray #C 162-27-611-135 (2 bedroom 2 bath) 5225 Gray #D 162-27-611136 (loft) Fourplex Unit A-D . Every unit has one car garage. Common Interest Community amenities pool & guard gate. 5225 Gray Lane #A-D is located in Parkway Villas Common Interest community which is centrally located. Parkway Villas is close to the airport, UNLV and the strip. All Units are fully occupied with month to month lease agreements. Rents are able to be raised below market value. Property is being sold "as is." Buyer & Buyer's Agents to verify all info in the listing. Seller/ Broker/Agent DO NOT warrant or guarantee any provided info.

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Property Details

Property Features

Property Information:

• Architectural Style: Fourplex
• Year Built: 1977
• Stories: 2
• Living Area: 1,196 SqFt

Listing Office:

• Office Name: KVPM LLC
• Office Phone: (702) 837-0028
• Listing Agent: Michael T. Verba

Interior Features

Interior Information:

• Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
• Flooring Type: Carpet, Tile
• Interior: Ceiling Fan(s)

Exterior Features

Parking Information:

• Parking: Garage

Virtual/3D Tour

• Virtual Tour: 5225 Gray Ln

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Lot Features

Lot Information:

• Lot Size: 0.12 Acres

Utilities

Utilities Information:

• Heating: Central, Electric
• Cooling: Central Air

Other

Directions Information:

• Directions: E Tropicana off the I-15, L onto Maryland Parkway, R onto Century Garden , L onto Gray

Price Information

Listing Price Info

Price Summary:

• List Price: $620,000
• Price Per SqFt: $518/SqFt

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Housing Market Comparison

See how this home compares to others in Las Vegas, NV.

Las Vegas, NV

City

Med. Sold Price

$431.5K

Med. Price/SqFt

$254

Avg. Days On Market

39

# of Sold Homes

1305

5225 Gray Ln vs Las Vegas

198 DAYS ON ROCKET

+159 Days

$620,000

+$188.4K More

$518/SqFt

+$264 More

KEY TAKEAWAY

This property is $188.4K more than the Median Sold Price and $264/SqFt more than other homes in Las Vegas, NV.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: GLVAR
• MLS Number: #2589669

Listing Office:

• Office Name: KVPM LLC
• Office Phone: (702) 837-0028
• Listing Agent: Michael T. Verba

Disclaimer: 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. GLVAR MLS deems information reliable but not guaranteed.

Copyright 2024 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Nevada›Clark County›Las Vegas›89119›5225 Gray Ln

This home is located at 5225 Gray Ln in Las Vegas, NV and zip code 89119 in the Paradise neighborhood. This 1,196 square foot home, which was built in 1977, sits on a 0.12 acre lot. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $620,000.

In November 2024, from all listings sold in Las Vegas, NV there were more than 200 sold above asking price, over 762 sold below and more than 342 were sold right at the asked price. The number of homes for sale in Las Vegas, NV increased by 3.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 39 days, the median list price was $431,527.

From Rocket Homes Real Estate and based on county public records data.