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5127 Greene Lane

5127 Greene Lane, Las Vegas, NV 89119
Multifamily in Clark
1 Units For Sale
Unit for sale at 5127 Greene Lane, Las Vegas, NV 89119

$625,000

  • Studio
5127 Greene Lane, Las Vegas, NV 89119 Listing by Jeremy Hyde

5127 Greene Lane 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 1977 and is 47 years old. The home has a total of 15 rooms. 7 of these rooms are legally considered as bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. In addition, 5127 Greene Lane has 3,648 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 580 ft and across the front of the lot is 290 ft. The area measurement of the land has been determined as 4,792 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 1,008 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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 composition shingle. 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, 5127 Greene Lane was last sold in Jul 28, 2022 for $595,000. According to our calculations, that's $127.79 per sqft. Prior to that sales transaction, the property was sold for $403,000 in Jun 24, 2021. Current property owners are expected to pay $1,620 in taxes per year. The property on 5127 Greene Lane was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $89,289. To break that down further, the land itself was valued at $50,400. While improvements to the property were assessed at a total of $38,889. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

Stucco Exterior
Wood Exterior

Parking

Assigned Parking
Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200711
07/11/2020
Studio
-
3648 ft²
$385,000
bedrooms
Studio
bathrooms
-
square feet
3648 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 7
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 30
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Quadplex
  • Exterior Walls Type: Combination
  • Roof Cover Type: Composition shingle
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,008
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 580
  • Lot Size Frontage Feet: 290
  • Total Building Area: 4,656
  • Gross Building Area: 4,656
  • Building Area: 3,648
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,648
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CENTURY GARDEN SUB UNIT 2 RESUB
  • Land Acres: 0.11
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: CENTURY GARDEN SUB UNIT 2 RESUB PLAT BOOK 20 PAGE 58 LOT 96

Ownership

  • Current Owner : CATO KEVIN
  • Current Owner 2: CATO EARL R
  • Previous Owner : KYLE RODGERS
  • Owner Before Previous Owner: N & P INVESTMENTS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 006800

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 162-027
  • District: PAR
  • Parcel: 162-27-617-009
  • Block: 1
  • Lot: 96
  • Meridian: SEC 27 TWN 21S RNG 61E
  • Municipality: PARADISE TOWN
  • Latitude: 36.0967
  • Longitude: -115.138

    Address

  • Full Address: 5127 Garden Ln
  • Legal Unit: 2
  • Address - House Number: 5127
  • Address - Street Name: Garden
  • Address - Suffix Type: Ln
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C008
  • 4-Digit Zip Code: 1781
  • Zip Code: 89119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,620
  • Tax Rate Code Area: 470

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 633,411
  • High Value: 742,558
  • Low Value: 524,264

    Market Valuation

  • Market Total Value: $236,023
  • Market Land Value: $120,000
  • Market Improvement Value: $116,023

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $89,289
  • Assessed Land Value: $50,400
  • Assessed Improvements Value: $38,889

    Sales

  • Current Sale Contract Date: Jul 28, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Transaction ID: 11893804635
  • Current Sale Price: $595,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 1173
  • Previous Sale Recording Date: Jun 28, 2021
  • Previous Sale Contract Date: Jun 24, 2021
  • Previous Sale Amount: $403,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Aug 02, 2022
  • First Mortgage Loan Amount: $446,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: AUSTIN CAPITAL BANK SSB
  • Previous Mortgage Transaction Date: Jun 28, 2021
  • Previous Mortgage Loan Amount: $387,845
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2051

About Paradise



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Frequently Asked Questions

What neighborhood is 5127 Greene Lane located in?
The 5127 Greene Lane is a multifamily located in the neighborhood of Clark in Paradise, Las Vegas.
How many listings are currently for sale in 5127 Greene Lane?
There is one unit for sale right now.
What is the average sales price for listings in 5127 Greene Lane?
The average sales price for units in 5127 Greene Lane is $625,000 currently.

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