5 months on rocket

5225 Gray Ln, Las Vegas, NV, 89119

$620,000

Home List Price

$7,363*

Closing Credit

0 Baths
1,196 SqFt
$518/SqFt
Multi

Location

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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.

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.

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Las Vegas, NV

City

Med. Sold Price

$429.9K

Med. Price/SqFt

$253

Avg. Days On Market

37

# of Sold Homes

1457

5225 Gray Ln vs Las Vegas

167 DAYS ON ROCKET

+130 Days

$620,000

+$190K More

$518/SqFt

+$265 More

KEY TAKEAWAY

This property is $190K more than the Median Sold Price and $265/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

IDX 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: 11/21/2024, 1:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,162

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,925

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-306107
4
/10

  • Gene Ward Elementary School

  • 1555 E Hacienda Ave

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-306108
6
/10

  • Dailey Jack Elementary School

  • 2001 E Reno Ave

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-306109
6
/10

  • Paradise Elementary School

  • 900 Cottage Grove Ave

  • 1.22 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,083. The most common annual income of people living in Las Vegas, NV is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

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.

Las Vegas, NV housing market in October 2024 saw over 242 listings sold above listed price, more than 427 sold at listed price and over 787 sold below. The number of listings in Las Vegas, NV increased by 11.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 37 days, the median list price was $429,997.

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

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