Kouzr

The blurred tiles above are licensed stock photographs of other houses, not this home. Its own 24 photos are in the app.

$199,0002 bd · 2 ba · 1,070 sqft · $186/sqft 18% below the area

5225 W Reno Ave #127, Las Vegas, NV 89118

© OpenStreetMap · Protomaps

Property

2 bd / 2 ba 1,070 sqft built 1994 5,480 sqft lot Condo/1 Story Multi-Family C - SFR Unit in Multi Unit Bldg. Condo Ownership no pool no garage HOA $303/mo Las Vegas 89118
Kouzr's read
Better than 97% of homes in the Las Vegas Valley · from 158 nearby sales

Asking 18% under what similar homes here sold for.

$244,076
estimated value, from 158 comparable sales
18% under
estimate $244kbelow the estimate by $45,076range $229k-$259k
  • Asking $186/sqft against $246/sqft for similar homes nearby, across 158 comparable sales
  • 82 days on market against a 82-day median in 89118, counted from Kouzr's own daily snapshots; relists don't reset it
  • The write-up mentions as is, the language that usually means work to do, and room to negotiate (see fixer-upper and as-is)

Generated by Kouzr's model from county records, our own daily price snapshots, and the listing text; comps context is an automated estimate, not an appraisal. Open this home in the app for the full score breakdown, comp list, and alerts.

Monthly payment

$1,467
per month, all in
$39,800
down · 20%
Principal & interest
$1,006
Property tax
$100
Home insurance
$58
HOA
$303

Loan $159,200 over 30 years at 6.5%, with 0.6% property tax and 0.35% insurance, Clark County defaults, not a quote. Keep them on your account in the app.

Try a different price or down payment in the payment calculator, or see how long you would need to stay for buying to beat renting in the rent-vs-buy calculator; the HOA dues are the listing's own figure.

About this home

  • Primary Downstairs
  • Gated Community

A two-bedroom, two-bath attached condominium of 1,070 square feet, built in 1994 in the Tanglewood association in the 89118 ZIP. Both bedrooms and the laundry room are on the main level, with a great room of roughly 15 by 14 feet, a kitchen with a breakfast area, a dining area, and a fireplace. The primary bedroom has a walk-in closet and a slider to a balcony. Ceilings are nine feet. Flooring is ceramic tile and laminate, and windows are double pane with blinds and treatments. The listing is priced about 18 percent below nearby sales, with no price reductions in 77 days on market, matching the ZIP median. Parking is one detached covered carport space, assigned, plus guest spaces. There is no garage and no private pool. The monthly association fee of 303 dollars covers water, sewer, grounds, insurance, and access to the gated community pool and spa. The home is offered in as-is condition.

Written by Kouzr from the listing facts and the county record, not by the listing agent.

  • Property Attached
  • Home Owners Association
  • Monthly
Pool
community
Spa
yes
Parking
assigned, covered, guest
Carport
1 space, detached carport
Flooring
ceramic tile, laminate
Windows
double pane windows
Appliances
gas range
Laundry
gas dryer hookup, main level, laundry room
Heating
central, gas
Cooling
central air, electric
Energy efficient
windows
Exterior
balcony, sprinkler/irrigation
Fencing
block, brick, full
Lot
drip irrigation/bubblers, landscaped, less than quarter acre
Roof
tile
Community
gated, pool, spa/hot tub
Utilities
underground utilities, public sewer, public water
Facing
north
Zoning
multi-family
Bedrooms possible
2
Renovated
1994
Annual tax
$662
Association name
tanglewood
Association fee includes
association management, insurance, maintenance grounds, sewer, water

Description and features as the listing agent gave them, not checked against the county record. Take the virtual tour. See it on the original listing

Neighborhood

Walkability
12 / 20 — somewhat walkabletransit 14 · street network 20 · land-use mix 1
Climate
104°F summer highs · 40°F winter lows · 82 days over 100°F
Natural hazard risk
Relatively ModerateFEMA National Risk Index

Assigned schools

  • Helen Jydstrup Elementary School4/100.4 mi
  • Grant Sawyer Middle School3/101.4 mi
  • Durango High School2/101.9 mi

Ratings from GreatSchools, as carried by the listing feed.

The market in 89118

146 homes for sale here right now.

$337kmedian asking price
$250median $/sqft
74median days on market
3%have cut their price

This home asks 41% below the ZIP median, and 26% below on price per square foot.

Computed from the 146 homes we currently track in 89118, not from an MLS market report. Homes that have gone pending or sold are left out of the asking figures. No confirmed closings here yet: a sale is only counted once a home has been off our pulls long enough to confirm it sold.

Every home for sale in 89118 · Spring Valley market report

County record

$136,594 county value$47,808 assessedFY 2026-27District 417

Construction
Frame-Stucco
Roof
Concrete Tile
Garage
None
Casita
None on record
Addition
None on record
Spa
No
Fireplaces
1
Basement
None
Units
1

Clark County Assessor, as of the last parcel read. The county's value is what it taxes, not an appraisal, and not a market estimate.

The full read on this home

Kouzr scores every home in the valley against the rest of it. The page above shows the result; the working is in the app.

  • The seven components behind the deal score, and which one moved it
  • The 158 comparable sales behind the discount, address by address
  • Owner tenure, estimated equity, and whether the owner lives here
  • Recorded notices of default, trustee sales, and other distress filings
  • Email the moment this price drops
Open this home in the app

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Card pictures are licensed stock photographs, blurred, not the homes themselves. Each home's own photos are in the Kouzr app.

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