NOT LISTED FOR SALE

Estimated Value: $512,515 - $694,000

8 Beds
4 Baths
3,350 Sq Ft
$174/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $299,900 $90 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,268/month

198 Days on Market

Highlights

  • No HOA
  • Landscaped
  • Carpet
  • Refrigerated Cooling System
  • Central Heating and Cooling System

About This Home

As of February 2019

DOWNTOWN FOURPLEX! LONG-TERM OWNER, LONG-TERM MGMT CO...WELL-MAINTAINED BUILDING. POSSIBLE RENT UPSIDES. ALL UNITS 2 BEDROOM/1 BATH, ABOUT 838' EACH. FINANCIALS HAVE BEEN UPDATED AND REFLECT 2017 INCOME AND EXPENSES.

Last Agent to Sell the Property

Liz Thompson

Desert Realty License #S.0016018 Listed on: 06/24/2018

Last Buyer's Agent

CSILLA ZSOK

Realty ONE Group, Inc License #S.0169866

Realty ONE Group, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $911

Year Built

  • Built in 1963

Lot Details

  • 10,019 Sq Ft Lot
  • Landscaped
  • Property is in average condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 3,350 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Carpet

Kitchen

  • Oven
  • Range with Range Hood

Parking

  • 4 Parking Spaces
  • Alley Access
  • Paved Parking

Utilities

  • Refrigerated Cooling System
  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • No Home Owners Association
  • Mount Vernon Est Subdivision

Building Details

  • Maintenance Expense $9,373
  • Professional Management Expense $2,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$911

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Professional Management Expense: 2244.0
  • Subdivision Name: MOUNT VERNON EST
  • Directions: FROM MAIN AND BONANZA, NORTH ON MAIN, EAST ON MT VERNON
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Range Hood
  • Flooring: Carpet
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Property Condition: Average Condition, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Alley Access, Paved
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Refrigerated
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2144.0

Condo/Co-op/Association

  • Amenities: Landscaping
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 28075.0
  • Insurance Expense: 1436.0
  • Maintenance Expense: 9373.0
  • Annual Operating Expense: 16799.0

Tax Info

  • Tax Annual Amount: 911.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2022
Sold by
Eevee Trust
Bought by
Vernon Property Management Llc
Current Estimated Value
$581,629

Purchase Details

Closed on
Aug 23, 2021
Sold by
Magueflor Joseph A and Caruso Orsolya
Bought by
Magueflor Joseph and Caruso Orsolya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2020
Sold by
Magueflor Joseph and Caruso Orsolya
Bought by
Vernon Property Management Llc

Purchase Details

Listed on
Jun 24, 2018
Closed on
Feb 1, 2019
Sold by
Glassman Jerome L and Glassman Geraldene
Bought by
Magueflor Joseph and Caruso Orsolya
Seller's Agent
Liz Thompson
Desert Realty
Buyer's Agent
CSILLA ZSOK
Realty ONE Group, Inc
List Price
$325,000
Sold Price
$299,900
Premium/Discount to List
-$25,100
-7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$224,925
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2000
Sold by
First Security Trust Company Of Nevada
Bought by
Golshan Moussa and The Aga Irrevocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 30, 1996
Sold by
Glassman Jerome L and Glassman Geraldene
Bought by
Glassman Jerome L and Glassman Geraldene
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vernon Property Management Llc -- Wedl Law Firm Llc
Eevee Trust -- Wedl Law Firm Llc
Magueflor Joseph -- Equity Title Of Nevada
Eevee Trust -- Equity Title
Vernon Property Management Llc -- None Available
Magueflor Joseph $299,900 Wfg National Title Compan
Golshan Moussa $900,000 National Title Company
Glassman Jerome L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magueflor Joseph $340,000
Previous Owner Magueflor Joseph $224,925
Previous Owner Golshan Moussa $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $299,900 -7.7% $90 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
06/24/2018 06/24/18 For Sale $325,000 -- $97 / Sq Ft
Source: Las Vegas REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,478 $76,886 $45,500 $31,386
2024 $1,369 $76,886 $45,500 $31,386
2023 $1,369 $79,982 $52,500 $27,482
2022 $1,268 $60,548 $35,000 $25,548
2021 $1,174 $53,495 $29,750 $23,745
2020 $1,087 $47,117 $23,800 $23,317
2019 $1,019 $42,238 $19,600 $22,638
2018 $972 $37,141 $15,750 $21,391
2017 $1,170 $35,681 $14,700 $20,981
2016 $911 $31,118 $10,500 $20,618
2015 $910 $26,880 $7,000 $19,880
2014 $882 $26,160 $7,000 $19,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2006365

Las Vegas REALTORS®

APN: 139-27-710-008