Check Availability

3232 North Michael Way

3232 North Michael Way, Las Vegas, NV 89108
Multifamily in Centennial Hills
Sold Feb 25, 2020
$395,000
$375,000 by Guild Mortgage Company Llc
Mortgage Due May 01, 2052
Sold Sep 30, 2011
$100,000
$97,465 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2041
3232 North Michael Way has been categorized by the local assessors in Las Vegas, NV as a residential type of property. The building on the property was first built in 1962 and is 62 years old. The home has a total of 15 rooms. 7 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 3232 North Michael Way has 3,634 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 8,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of a combination of material. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a water system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3232 North Michael Way was last sold in Jan 15, 2020 for $395,000. According to our calculations, that's $108.70 per sqft. Prior to that sales transaction, the property was sold for $100,000 in Sep 15, 2011. Current property owners are expected to pay $1,731 in taxes per year. The property on 3232 North Michael Way was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $76,629. To break that down further, the land itself was valued at $46,200. While improvements to the property were assessed at a total of $30,429. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Quadplex
  • Exterior Walls Type: Combination
  • Roof Cover Type: Built-up
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,634
  • Gross Building Area: 3,634
  • Building Area: 3,634
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,634
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN VIEW PARK UNIT #1
  • Land Acres: 0.19
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: MOUNTAIN VIEW PARK UNIT #1 PLAT BOOK 10 PAGE 10 LOT 14 BLOCK 1

Ownership

  • Current Owner : TORRES JOSE
  • Current Owner 2: TORRES ARIANA
  • Previous Owner : WAGNER DANIEL A
  • Owner Before Previous Owner: MAYS PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 003413

Zoning

  • Zoning: L:R-4

Geography

  • Assessors Map Reference: 138-012
  • District: LV
  • Parcel: 138-12-811-003
  • Block: 1
  • Lot: 14
  • Meridian: SEC 12 TWN 20S RNG 60E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.2188
  • Longitude: -115.216

    Address

  • Full Address: 3232 N Michael Way
  • Legal Unit: 1
  • Address - House Number: 3232
  • Street Direction: N
  • Address - Street Name: Michael
  • Address - Suffix Type: Way
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C086
  • 4-Digit Zip Code: 4970
  • Zip Code: 89108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,731
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 544,942
  • High Value: 637,371
  • Low Value: 452,514

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Apr 28, 2022
  • First Open Lien Mortgage Loan Amount: $375,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $209,111
  • Market Land Value: $126,000
  • Market Improvement Value: $83,111

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $76,629
  • Assessed Land Value: $46,200
  • Assessed Improvements Value: $30,429

    Sales

  • Current Sale Contract Date: Jan 15, 2020
  • Current Sale Recording Date: Feb 25, 2020
  • Current Sale Transaction ID: 11741712763
  • Current Sale Price: $395,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20200225-0001904
  • Previous Sale Recording Date: Sep 30, 2011
  • Previous Sale Contract Date: Sep 15, 2011
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 25, 2020
  • First Mortgage Loan Amount: $395,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 30, 2011
  • Previous Mortgage Loan Amount: $97,465
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2041

About Centennial Hills



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 7208 Lonesome Circle, Las Vegas, NV, 89128

$1,998 /mo

  • 4 Beds
  • 2.5 Baths
  • 1,641 ft²
7208 Lonesome Circle, Las Vegas, NV, 89128 Listing by Wan Deng
Unit for rent at 6916 Atrium Avenue, Las Vegas, NV, 89108

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,055 ft²
6916 Atrium Avenue, Las Vegas, NV, 89108 Listing by Hrag Khanjian
Unit for rent at 5005 Starfinder Avenue, Las Vegas, NV, 89108

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,534 ft²
5005 Starfinder Avenue #5005, Las Vegas, NV, 89108 Listing by Hazel I Arroyo
Unit for rent at 4604 Sophia Way, North Las Vegas, NV, 89032

$1,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,660 ft²
4604 Sophia Way, North Las Vegas, NV, 89032 Listing by Mary Renee Haas
Unit for rent at 2828 Forrest Duke Court, Las Vegas, NV, 89108

$1,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,105 ft²
2828 Forrest Duke Court, Las Vegas, NV, 89108 Listing by Roger L. Stein
Unit for rent at 6405 Roy Rogers Drive, Las Vegas, NV, 89108

$1,799 /mo

  • 3 Beds
  • 2 Baths
  • 1,294 ft²
6405 Roy Rogers Drive, Las Vegas, NV, 89108 Listing by Cynthia L. Glover
Unit for rent at 6644 Light Breeze Drive, Las Vegas, NV, 89108

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,236 ft²
6644 Light Breeze Drive, Las Vegas, NV, 89108 Listing by Kyle Brennan

Frequently Asked Questions

What neighborhood is 3232 North Michael Way located in?
The 3232 North Michael Way is a multifamily located in the neighborhood of Centennial Hills in Centennial Hills, Las Vegas.
What is the average sales price for listings in 3232 North Michael Way?
The average sales price for units in 3232 North Michael Way is $0 currently.

Nearby Counties
Quantcast