
Las Vegas, NV 89122
This Functional No-HOA Residence is a Prime Investment Opportunity, listed at $345,000—positioned well below the $352,438 Fair Market Value by 2%. This valuation gap secures $7,438 in Instant Equity. Boasting a Condition Rating of 3, the home features a 4-bedroom layout, Mountain Range Views, and a Large Backyard with Trees. While carrying solar obligations, the Zero HOA Fees provide significant financial freedom near Sister Robert Joseph Bailey Elementary. This is an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5184 Floralita Street Subject | $345,000* List Price | 4 | 3 | 1,335 | $264 | - |
A 5196 Floralita Street Sold | $340,000 | 3 | 3 | 1,335 | $255 | 0.0 mi |
B 5236 Jewel Canyon Drive Sold | $330,000 | 3 | 2 | 1,377 | $240 | 0.5 mi |
C 6693 Diamond Care Drive Sold | $340,000 | 3 | 2 | 1,377 | $247 | 0.4 mi |
D 6693 Diamond Care Drive Sold | $340,000 | 3 | 2 | 1,377 | $247 | 0.4 mi |
E 5129 MIDNIGHT OIL Drive Sold | $310,000 | 3 | 2 | 1,225 | $253 | 0.4 mi |
F 5129 MIDNIGHT OIL Drive Sold | $310,000 | 3 | 2 | 1,225 | $253 | 0.4 mi |
G 4815 Palacio Court Active | $390,000 List Price | 4 | 2 | 1,438 | $271 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property falls within the 10 to 20-year age range for a 'good' condition rating. The home appears move-in ready with functional major systems, including solar panels and a water filtration system. While the interior features some dated elements such as black kitchen appliances and linoleum flooring that show minor wear, the overall maintenance is consistent with its age and requires no immediate major renovations.
The absence of a monthly association fee provides significant long-term savings and greater freedom for the homeowner compared to many neighboring Las Vegas communities.
The home features a highly functional layout with four bedrooms and a convenient upstairs laundry room, maximizing the utility of the 1,335 square foot living space.
The property includes a large backyard with established trees, offering a private and mature outdoor environment that is a premium feature for this price point.
The property carries multiple monthly solar payments totaling nearly $200, which represents a significant ongoing expense that buyers must factor into their monthly debt-to-income ratio.
The assigned public schools have relatively low ratings, which may be a drawback for families prioritizing education and could potentially affect long-term appreciation.
No Association Fee. Solar Payment $142.81 monthly, 2nd Solar about $30-50monthly(varies based on usage), NV Energy about $20 monthly. 4 Bedrooms upstairs with 2 full baths. 1/2 down stairs. Washer and dryer upstairs. Large backyard with trees. Paid off water filter. Near Grocery stores, Restaurants, Pharmacy, Shopping centers, Gas stations, Gym!
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 5.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 76% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 1,335 | 1,528 | 28% |
| Lot Size | 3,920 | 4,792 | 37% |
| Price | $345.0K | $349.0K | 50% |
| Price per sq ft | $258 | $217 | 78% |
| Built year | 2007 | 2005 | 68% |
| HOA | $0 | $56 | 44% |
| Days on market | 16 | 1001 | 0% |
Apr 6, 2026
$345,000
Initial Listing
Mar 31, 2011
$85,000
Public Record