Check Availability
$600,000
House - In Contract

501 Park Way W

Las Vegas, NV 89106
bedrooms
5 Beds
bathrooms
4 Baths
$3,174
Estimated Monthly
$0
HOA / Fees
5.04%
Cap Rate

About This Property

Embark on a journey through the charm of a bygone era with this single-story residence, a captivating prospect for those eager to infuse new life into every corner. Spanning over 4,000 sq ft on a sprawling 14,000 sq ft lot, this property provides an expansive canvas for creative reimagination.  Appreciate the liberating absence of HOA restrictions, granting you the liberty to shape the home to your aspirations. Featuring 5 bedrooms, the well-conceived layout allows for versatile living arrangements or the creation of a personalized workspace. Envision the potential for gatherings in the spacious living areas or intimate moments by the fireplace, all within the enduring walls of this residence. Step outside to a potential oasis with a pool, yet recognizing that the backyard, like the rest of the property, is a blank canvas awaiting your touch. The vast outdoor space not only invites the promise of revitalization but also sparks imagination for landscaping that complements your vision.
Unit Size
-
Days on Market
-
Land Size
0.33 acres
Price per sqft
-
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1958
Listed By
Jason Garcia
Jason Garcia
Coldwell Banker Premier
Last updated: 24 days ago (GLVAR #2571694)

Price History

Date / Event Date Event Price
Apr 3, 2024 No longer available -
No longer available
Apr 3, 2024 Listed by Coldwell Banker Premier $600,000
Listed by Coldwell Banker Premier
Feb 14, 2024 Relisted $650,000
Relisted
Jan 19, 2024 In contract -
In contract
Jan 17, 2024 Relisted $650,000
Relisted
Show More

Property Highlights

Air Conditioning
Fireplace
Interior Details

Bedroom Information

Bedrooms: 5

Bathroom Information

Full Bathrooms: 4

Interior Information

Interior Features: None
Appliances: Dishwasher, Electric Cooktop, Disposal, Refrigerator
Flooring Type: Carpet, CeramicTile

Room Information

Laundry Features: Electric Dryer Hookup, Laundry Room
Rooms: 9

Fireplace Information

Has Fireplace
Living Room, Primary Bedroom, Wood Burning
Fireplaces: 2
Exterior Details

Property Information

Property Condition: Resale
Year Built: 1958

Building Information

Roof: Asphalt
Outdoor Living Structures: Patio

Pool Information

Private Pool
Pool Features: In Ground, Private

Lot Information

Item14to1AcreLot, Landscaped
Lot Size Acres: 0.33
Lot Size Square Feet: 14375

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Conventional
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,024
  • Gross Building Area: 4,024
  • Building Area: 4,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,024
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RANCHO PARK
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RANCHO PARK PLAT BOOK 4 PAGE 85 LOT 46 BLOCK 3

Ownership

  • Current Owner : HA KEE WHAN
  • Previous Owner : LASALLE BANK NATIONAL ASSOCIATION
  • Owner Before Previous Owner: STRICK STEVE
  • Owner Before Previous Owner 2: DENMAN VERONICA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 000203

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 139-032
  • District: LV
  • Parcel: 139-32-610-040
  • Block: 3
  • Lot: 46
  • Meridian: SEC 32 TWN 20S RNG 61E
  • Municipality: LAS VEGAS CITY
  • Latitude: 36.1672
  • Longitude: -115.171

    Address

  • Full Address: 501 Park Way W
  • Address - House Number: 501
  • Street Segment Direction: W
  • Address - Street Name: Park
  • Address - Suffix Type: Way
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C057
  • 4-Digit Zip Code: 4841
  • Zip Code: 89106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,732
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.0683
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 96
  • Final Value: 631,227
  • High Value: 674,377
  • Low Value: 588,076

    Market Valuation

  • Market Total Value: $293,960
  • Market Land Value: $157,000
  • Market Improvement Value: $136,960

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $131,016
  • Assessed Land Value: $72,100
  • Assessed Improvements Value: $58,916

    Sales

  • Current Sale Contract Date: Oct 06, 2009
  • Current Sale Recording Date: Nov 17, 2009
  • Current Sale Transaction ID: 1190139595
  • Current Sale Price: $177,450
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 200911170000808
  • Previous Sale Recording Date: Feb 09, 2009
  • Previous Sale Contract Date: Jan 27, 2009
  • Previous Sale Amount: $303,157
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
2 Baths
-
$630,000 Dec 26, 2023
$630,000 Jan 9, 2024
$272/mo
House
4 Beds
3 Baths
-
$510,000 May 3, 2023
$510,000 Jul 26, 2023
$164/mo
House
4 Beds
3 Baths
-
$585,000 Dec 29, 2023
$585,000 Feb 9, 2024
$148/mo
House
4 Beds
3 Baths
-
$650,000 Jul 21, 2023
$650,000 Aug 14, 2023
$149/mo
House
3 Beds
3 Baths
-
$599,000 Jan 5, 2024
$599,000 Mar 15, 2024
$138/mo
House
3 Beds
3 Baths
-
$520,000 Sep 13, 2023
$520,000 Oct 3, 2023
$100/mo
House
4 Beds
2 Baths
-
$595,000 Dec 15, 2023
-
$105/mo
House
4 Beds
3 Baths
-
$650,000 Apr 4, 2024
-
$120/mo
House
4 Beds
3 Baths
-
$650,000 Mar 7, 2024
-
$192/mo
House
3 Beds
3 Baths
-
$599,000 Mar 21, 2024
-
$176/mo
House
2 Beds
2 Baths
-
$599,999 Mar 22, 2024
-
$137/mo
House
3 Beds
3 Baths
-
$679,999 Feb 26, 2024
-
$247/mo

About Rancho Oakey


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Frequently Asked Questions

When was property at 501 Park Way West built and last sold?
The property at 501 Park Way West was built in 1958 and last sold on Oct 6, 2009 for $177,450.
How much is this home worth?
The estimated value of the home located at 501 Park Way West is $606,000.
What are some comparable homes to 501 Park Way West?
Homes that are comparable to 501 Park Way West include a house property at 2718 Colanthe Avenue, 1207 Westlund Drive, 1205 Park Circle.

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