5233 Madison Stone Street, North Las Vegas, NV 89081, North Las Vegas, 89081 - 3 bed, 2 bath
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5233 Madison Stone Street
North Las Vegas, NV 89081
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,624Sq Ft
8,712Lot Size
Property Price
LIST PRICE$430,000
EST. MARKET VALUE
$399,268
7% AboveMARKET VALUE
SUMMARY
This Single-Story Residential Property represents a Strong Value Opportunity, listed at $440,000—positioned well above the $402,507 Fair Market Value by 9%. While the price reflects a premium, the home features a Condition Rating of 4, offering a move-in ready interior with vaulted ceilings and plantation shutters. The expansive 8,712 sqft corner lot provides rare RV access and a covered patio, ideal for outdoor living. This property is best suited for Owner-Occupants seeking a spacious layout or first-time buyers prioritizing lot size and accessibility.
Estimated Market Value
$399,268
Based on Realkey algorithm analyzing recent comparable sales in North Las Vegas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5233 Madison Stone Street Subject | $430,000* List Price | 3 | 2 | 1,624 | $246 | - |
A 1424 Heather Grove Avenue Sold | $505,000 | 3 | 2 | 1,826 | $277 | 0.2 mi |
B 5329 Manor Stone Street Sold | $385,000 | 3 | 2 | 1,606 | $240 | 0.4 mi |
C 4909 Jade Ridge Street Sold | $460,000 | 3 | 3 | 1,935 | $238 | 0.7 mi |
D 1424 Iris Kelly Avenue Sold | $425,000 | 3 | 2 | 1,826 | $233 | 0.2 mi |
E 5630 Midnight Breeze Street Sold | $372,500 | 3 | 2 | 1,535 | $243 | 0.5 mi |
F 1208 East El Campo Grande Avenue Sold | $415,000 | 4 | 2 | 1,814 | $229 | 0.7 mi |
G 5208 Regena Rose Street Active | $440,000 List Price | 3 | 2 | 1,758 | $250 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2003 (23 years old), the property falls into the >20y category. While the home is spotless and well-maintained, the kitchen and bathrooms feature dated original oak cabinetry and basic tile finishes that require modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1624.
- Premium Corner Lot & RV Access
Situated on a spacious 8,712 sqft corner lot, the property features a rare RV gate and mature landscaping, offering significant outdoor versatility and privacy compared to standard lots.
- High-End Interior Finishes
The home is well-appointed with premium upgrades including vaulted ceilings, plantation shutters, and durable tile flooring, creating a sophisticated and move-in-ready atmosphere.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Low School Ratings
The assigned public schools have low performance ratings (ranging from 2 to 3 out of 10), which may impact long-term resale value and appeal to families with school-aged children.
- Aging Major Systems
Built in 2003, the property is over 20 years old, suggesting that original high-ticket items like the roof or HVAC system may soon require maintenance or replacement.
About 5233 Madison Stone Street
Nestled on a premium corner lot, this fabulous single-story home is the one you've been waiting for! Featuring a 2-car garage with attached cabinets, an RV gate, and mature landscaping. Welcoming living room is designed for greeting guests and enjoying everyday comfort. Highlights include tile flooring, vaulted ceilings, plantation shutters, ceiling fans, bountiful natural light, archways, and neutral palette that creates a warm, inviting atmosphere throughout. Spotless kitchen comes with a convenient pantry, abundant cabinetry, built-in appliances, recessed lighting, and dining area with a lovely bay window. In the large primary bedroom, you will have a private bathroom with a shower & tub combination and a walk-in closet. Don’t miss the spacious backyard, which provides a covered patio. What’s not to like? A deal like this won’t last long!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $45 / Month
Neighborhood Insights
North Las Vegas Unified Schools
Jesse D Scott Elementary School
Grades PK-5 • 0.6 mi
3/10
Clifford O. Pete Findlay Middle School
Grades 6-8 • 1.5 mi
2/10
Mojave High School
Grades 9-12 • 0.9 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,624 | 1,858.367 |
| Lot Size | 8,712 | 5,663 |
| Price | $430.0K | $431.0K |
| Price per sq ft | $265 | $230 |
| Built year | 2003 | 2005 |
| HOA | $45 | $69 |
| Days on market | 40 | 61 |
Pricing History
Listed for Sale
Aug 13, 2026
$430,000
$440,000
-2% Price Drop
Initial Listing
Price Change
Jul 31, 2026
$440,000
Initial Listing