5047 Spencer Street B, Las Vegas, NV 89119, Las Vegas, 89119 - 2 bed, 2 bath
Loading property details...
5047 Spencer Street B
Las Vegas, NV 89119
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
828Sq Ft
10,606Lot Size
Property Price
LIST PRICE$195,000
EST. MARKET VALUE
$197,553
SUMMARY
This Turnkey Townhouse is a Strong Value Opportunity, listed at $195,000—positioned well below the $197,554 Fair Market Value by 1%. This valuation gap offers $2,554 in Instant Equity. Featuring a Condition Rating of 2, the home includes modern Granite Kitchen countertops and laminate flooring. While school ratings are modest, the property offers functional amenities like an Attached Garage and Private Patio. This move-in ready asset is an ideal acquisition for first-time buyers or rental investors seeking a low-maintenance, entry-level property.
Estimated Market Value
$197,553
Based on Realkey algorithm analyzing recent comparable sales in Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5047 Spencer Street B Subject | $195,000* List Price | 2 | 2 | 828 | $239 | - |
A 5023 Spencer Street B Sold | $189,000 | 2 | 2 | 828 | $228 | 0.0 mi |
B 5009 Spencer Street D Sold | $193,000 | 2 | 2 | 826 | $234 | 0.1 mi |
C 1729 Jupiter Court C Pending | $214,900 List Price | 2 | 2 | 980 | $219 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1979, the property has undergone a recent renovation (less than 5 years) featuring new laminate wood flooring, fresh paint, and updated kitchen granite countertops. The interior is in mint, move-in ready condition as described in the listing.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Renovations
The property features high-quality updates including laminate wood flooring and a kitchen with granite countertops, offering a move-in ready, 'like-new' aesthetic that appeals to modern buyers.
- Competitive Pricing
Listed at $195,000, this townhouse represents an exceptional entry-level price point for the Las Vegas market, making it highly attractive for first-time homeowners or rental investors.
- Functional Amenities
The inclusion of an attached garage and private patio areas provides a level of convenience and outdoor living space rarely found in compact townhomes at this price range.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10606, other record lot size in square feet = 2256.
- Compact Living Space
At only 828 square feet for a two-bedroom, two-bathroom configuration, the interior layout may feel restrictive for residents requiring more storage or spacious common areas.
- Low School Ratings
The property is zoned for schools with low performance ratings, including a 2/10 for the high school, which could be a significant deterrent for families and impact future resale value.
About 5047 Spencer Street B
Beautifully renovated townhouse featuring 2 bedrooms and a cozy fireplace in the living room. This like-new home offers laminate wood flooring throughout and a nicely updated kitchen with granite countertops. Enjoy private patio areas perfect for relaxing or entertaining. The attached garage provides convenient access and leads directly to the front patio area. Move-in ready and well maintained.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1979
- Lot Size
- 10,606 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $200 / Month
Neighborhood Insights
Las Vegas Unified Schools
Jack Dailey Elementary School
Grades PK-5 • 0.3 mi
6/10
Gene Ward Elementary School
Grades PK-5 • 0.4 mi
2/10
Helen C Cannon Junior High School
Grades 6-8 • 1.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 828 | 1,414.01 |
| Lot Size | 10,606 | 2,178 |
| Price | $195.0K | $333.8K |
| Price per sq ft | $236 | $236 |
| Built year | 1979 | 1997 |
| HOA | $200 | $202 |
| Days on market | 36 | 70 |
Pricing History
Listed for Sale
Aug 4, 2026
$195,000
Initial Listing