5218 Pat Place, Las Vegas, NV 89118, Las Vegas, 89118 - 2 bed, 3 bath

5218 Pat Place
Las Vegas, NV 89118
Property Price
SUMMARY
Analysis of 5218 Pat Place, Las Vegas, NV 89118 is currently available with a list price of $316,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1994, this 31-year-old townhouse is well-maintained but largely reflects its original era. While it features some functional updates such as granite countertops and stainless steel sinks, the cabinetry, white appliances, and overall architectural style are dated. The mix of tile and carpet is in acceptable condition, but the property lacks the comprehensive recent renovation required for a higher score, fitting the criteria for a home that is functional but showing signs of age.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
The property is exceptionally well-located in the Southwest area, offering quick access to the Las Vegas Strip, Chinatown, and the I-15 freeway, making it highly desirable for both residents and investors.
- Educational Accessibility
Situated within walking distance to Helen Jydstrup Elementary School and close to middle and high schools, this home provides significant convenience for families with school-aged children.
- Functional Layout and Upgrades
The home features a versatile upstairs den used as a third bedroom, a spacious two-car garage, and modern kitchen upgrades including granite countertops and stainless steel finishes.
CONSRISKS & DEFICIENCIES
- Non-Traditional Third Bedroom
The third bedroom is officially a den, which may lack the privacy or closet space of a legal bedroom, potentially affecting appraisal values and specific buyer requirements.
- Limited Private Outdoor Space
With a modest lot size of 1,742 square feet typical of townhomes, the property offers very limited private yard space for gardening or outdoor recreation.
About 5218 Pat Place
Amazing 3 rooms home in a convenient location in the SW area, close to China Town, Palm Casino, Gold Coast, Rio, also Very Close to the Strip and I15 freeway, many restaurants , markets, shopping and movie theater nearby, and a walking distance to the elementary school across the street, with parks, middle and high schools, and hospital in the area. This cozy townhouse is inside a gated community in a quiet neighborhood with a community pool, this home features total 3 rooms including 2 bedrooms and a den room upstairs, the Upstairs Den is being used as the 3rd bedroom, or it can be an office, with dining and living room downstairs, total 2.5 baths, & a spacious 2 cars garage. Granite counter top in the kitchen with tall cabinets, stainless steel kitchen sink, tile floor downstairs and carpet upstairs, with tile flooring in the wet areas. This home is bright with enough nature sunlight and is well maintained by owner with good sized rooms, good for both family or investment.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1994
- Lot Size
- 1,742 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $165 / Month
Neighborhood Insights
Las Vegas Unified Schools
Helen Jydstrup Elementary School
Grades PK-5 • 0.1 mi
Grant Sawyer Middle School
Grades 6-8 • 1.1 mi
Durango High School
Grades 9-12 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,265 | 1,265 | 50% |
| Lot Size | 1,742 | 1,742 | 50% |
| Price | $316.0K | $285.0K | 65% |
| Price per sq ft | $250 | $226 | 84% |
| Built year | 1994 | 2004 | 10% |
| HOA | $165 | $165 | 50% |
| Days on market | 231 | 233 | 48% |
Pricing History
Listed for Sale
Jul 19, 2025
$316,000
Initial Listing
Sold
Jun 6, 2013
$168,362
Public Record
Sold
May 17, 2000
$100,903
Public Record


























