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    • Price cut: $10.9K (6/17)
    $149,000

    5125 Gray Ln APT B, Las Vegas, NV 89119

    1beds
    702sqft
    : 
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    Condominium
    Built in 1977
    -- sqft lot
    $142,700 Zestimate®
    $212/sqft
    $240/mo HOA

    What's special

    Gated communityPrivate bedroomOpen-concept living spaceNew flooring
    Imagine living in this 702 sq ft loft-style condo offering the perfect blend of a convenient Las Vegas location and also practical comfort. Ideally located in a gated community less than a mile from UNLV and minutes from Harry Reid Airport, this 1-bedroom, 1-bath home is an exceptional opportunity for students, professionals, or investors. The thoughtfully designed layout features an open-concept living space with new flooring and a kitchen downstairs, while the private bedroom is tucked away upstairs and open to below. Enjoy the rare convenience of a 1-car garage for secure parking and/or extra storage, plus an assigned parking spot and plenty of guest parking! Community includes a pool—perfect for relaxing after a long day. With all appliances included and low-maintenance living, this property is move-in ready. Don’t miss your chance to own a stylish retreat in the heart of Las Vegas!
    381 days
    |
    133
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly T. McMahon S.0052734 (702)493-4644,

    Real Broker LLC

    Source: LVR,MLS#: 2698682MLS LogoOriginating MLS: Greater Las Vegas Association of Realtors Inc

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Description: Ceiling Fan,Closet
      • Dimensions: 11x13
      Primary bathroom
      • Description: Tub/Shower Combo
      Kitchen
      • Description: Breakfast Nook/Eating Area
      Living room
      • Description: Front
      • Dimensions: 11x15
      Heating
      • Central, Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
      • Laundry: Electric Dryer Hookup, In Garage
      Features
      • Window Treatments
      • Flooring: Carpet, Luxury Vinyl Plank
      • Windows: Blinds
      • Has fireplace: No
      Interior area
      • Total structure area: 702
      • Total interior livable area: 702 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage, Guest, Private
      • Garage spaces: 1
      Features
      • Stories: 2
      • Exterior features: Burglar Bar, Courtyard, Storm/Security Shutters
      • Pool features: Community
      • Fencing: Partial,Wood
      Lot
      • Features: Corner Lot, Desert Landscaping, Landscaped
      Details
      • Parcel number: 16227611164
      • Zoning description: Single Family
      • Horse amenities: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Two Story
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Roof: Composition,Shingle
      Condition
      • Resale
      • Year built: 1977

      Utilities & green energy

      • Electric: Photovoltaics None
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Underground Utilities

      Community & HOA

      Community
      • Features: Pool
      • Security: Gated Community
      • Subdivision: Century Garden Sub Amd
      HOA
      • Has HOA: Yes
      • Amenities included: Gated, Pool
      • HOA fee: $240 monthly
      • HOA name: Parkway Villas
      • HOA phone: 702-433-0149
      Location
      • Region: Las Vegas

      Financial & listing details

      • Price per square foot: $212/sqft
      • Tax assessed value: $60,006
      • Annual tax amount: $281
      • Date on market: 7/6/2025
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        $142,700

        $136,000 - $150,000

        $1,108/mo

        Price history

        DateEventPrice
        6/17/2026Price change$149,000-6.8%$212/sqft
        Source: LVR #2698682 Report a problem
        9/26/2025Price change$159,900-3.1%$228/sqft
        Source: LVR #2698682 Report a problem
        7/6/2025Listed for sale$165,000+91.9%$235/sqft
        Source: LVR #2698682 Report a problem
        4/28/2020Sold$86,000$123/sqft
        Source: LVR #2166524 Report a problem
        4/26/2020Pending sale$86,000$123/sqft
        Source: Centennial Real Estate #2166524 Report a problem
        3/16/2020Listed for sale$86,000$123/sqft
        Source: Centennial Real Estate #2166524 Report a problem
        3/16/2020Pending sale$86,000$123/sqft
        Source: Centennial Real Estate #2166524 Report a problem
        3/14/2020Listed for sale$86,000$123/sqft
        Source: Centennial Real Estate #2166524 Report a problem
        3/14/2020Pending sale$86,000$123/sqft
        Source: Centennial Real Estate #2166524 Report a problem
        2/8/2020Price change$86,000-3.4%$123/sqft
        Source: Centennial Real Estate #2166524 Report a problem
        1/18/2020Listed for sale$89,000+48.3%$127/sqft
        Source: Centennial Real Estate #2166524 Report a problem
        10/7/2019Sold$60,000-20%$85/sqft
        Source: LVR #2121344 Report a problem
        8/2/2019Listed for sale$75,000+341.2%$107/sqft
        Source: Blackbird Realty & Management #2121344 Report a problem
        1/7/2017Listing removed$695+6.9%$1/sqft
        Source: iProperties International #1853273 Report a problem
        4/8/2014Listing removed$650$1/sqft
        Source: iHOUSEWeb Solutions, Inc #1410003 Report a problem
        2/27/2014Price change$650-3.7%$1/sqft
        Source: iHOUSEWeb Solutions, Inc #1410003 Report a problem
        1/1/2014Listed for rent$675$1/sqft
        Source: iHOUSEWeb Solutions, Inc #1410003 Report a problem
        7/26/2012Sold$17,000-98.6%$24/sqft
        Source: LVR #1182563 Report a problem
        1/24/2012Sold$1,190,600+9900%$1,696/sqft
        Source: Public Record Report a problem
        11/16/2011Sold$11,906-85.3%$17/sqft
        Source: Public Record Report a problem
        4/25/2011Sold$80,894-1.3%$115/sqft
        Source: Public Record Report a problem
        10/11/2005Sold$82,000+110.6%$117/sqft
        Source: Public Record Report a problem
        3/30/1998Sold$38,934-13.5%$55/sqft
        Source: Public Record Report a problem
        11/17/1995Sold$45,000$64/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$304 +8%$21,002 +3.8%
        2025$281 +7.7%$20,235 -7.5%
        2024$261 +7.9%$21,878 +26%
        2023$242 +7.9%$17,359 +7.9%
        2022$224 +7.9%$16,089 -0.8%
        2021$208 +7%$16,213 +8.7%
        2020$194 +4.7%$14,915 +20.2%
        2019$185 +6.8%$12,405
        2018$174 $12,405 +7%
        2017$174 $11,593 +3.5%
        2016$174 +1.1%$11,197 +22.2%
        2015$172 +3.2%$9,162 +23.9%
        2014$166 $7,396
        2013-- $7,396 +42.6%
        2012-- $5,185 -35.9%
        2011-- $8,083 -2.8%
        2010-- $8,317 -54.4%
        2009-- $18,248
        2008-- $18,248 -23.3%
        2007-- $23,788 +34.6%
        2006-- $17,670 +41.2%
        2005-- $12,516 +16.9%
        2004-- $10,707 -1.2%
        2003-- $10,840 +0.5%
        2002-- $10,790 +1.2%
        2001-- $10,660
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Paradise

        Getting around

        52 / 100
        Somewhat Walkable
        46 / 100
        Some Transit
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ward, Gene,Ward, Gene
        • Middle: Cannon Helen C.
        • High: Del Sol HS

        Source: LVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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