NOT LISTED FOR SALE

115 Gaviland St Searchlight, NV 89046

Estimated Value: $542,182

Studio
-- Bath
4,818 Sq Ft
$113/Sq Ft Est. Value

Last Sold December 04, 2019

Last sale price $366,000 $76 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,095/month

55 Days on Market

Highlights

  • Central Air
  • Heating System Uses Gas
  • 1-Story Property
  • Carpet

About This Home

As of December 2019

PROPERTY IS A MOTEL YEARLY NET IS $41,622, DON'T PASS THIS OPPORTUNITY UP! Wonderful 15 units plus the managers unit, total 16 units, Each unit with 1 or 2 beds. Include TV, AC, small fridge, microwave, Laundry for manger to wash bedding, etc. Roof replaced approximately 8 years ago, Units refurbished over the last several years

Last Agent to Sell the Property

Michelle Bush

Keller Williams VIP License #BS.0143935 Listed on: 09/09/2019

Keller Williams VIP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,479

Year Built

  • Built in 1942

Lot Details

  • 22,216 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carpet

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 2 Buildings
  • Searchlight Original Townsite Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,479

Year Built

Built in 1942

Lot Details

0.51 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Subdivision Name: SEARCHLIGHT ORIGINAL TOWNSITE
  • Directions: Continue on US-95 S, Take the exit toward US-95 S, Turn left onto Gaviland St
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1942
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1942

Interior Features

  • Number Of Buildings: 2
  • Flooring: Carpet, Other
  • Interior Amenities: None

Exterior Features

  • Construction Type: Other
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 22216.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 86900.0
  • Annual Operating Expense: 45278.0

Tax Info

  • Tax Annual Amount: 1479.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Dec 2, 2019
Sold by
Davis Bradley and Davis Virgie Po
Bought by
Morgan Carol
Seller's Agent
Michelle Bush
Keller Williams VIP
List Price
$399,999
Sold Price
$366,000
Premium/Discount to List
-$33,999
-8.5%
Current Estimated Value
$542,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,182
Avg. Annual Appreciation
6.45%

Purchase Details

Closed on
Jan 14, 2011
Sold by
Bayview Loan Servicing Llc
Bought by
Davis Bradley and Davis Virgie Po

Purchase Details

Closed on
Nov 17, 2009
Sold by
Kay Motel Llc
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Oct 10, 2002
Sold by
Ferrand Steven C and Reyer Karen
Bought by
Kay Motel Llc

Purchase Details

Closed on
Apr 5, 2002
Sold by
Parker June R
Bought by
Ferrand Steven C and Reyer Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 6, 1994
Sold by
Sarabia Melecio and Sarabia Isidora
Bought by
Parker June R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Morgan Carol $366,000 Fidelity National Title
Davis Bradley $90,000 Nevada Title Las Vegas
Bayview Loan Servicing Llc $149,000 First American National Defa
Kay Motel Llc -- --
Ferrand Steven C $210,000 National Title Company
Parker June R $120,755 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrand Steven C $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2019 12/04/19 Sold $366,000 -8.5% $76 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $399,999 -- $83 / Sq Ft
Source: Las Vegas REALTORS®

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
2026 $2,372 $94,989 $31,102 $63,887
2025 $2,446 $94,053 $31,102 $62,950
2024 $2,182 $94,053 $31,102 $62,950
2023 $2,182 $86,519 $31,102 $55,417
2022 $2,163 $80,941 $31,102 $49,838
2021 $1,904 $78,437 $31,102 $47,335
2020 $1,768 $77,164 $31,102 $46,062
2019 $1,657 $75,689 $31,102 $44,587
2018 $1,581 $73,682 $31,102 $42,580
2017 $1,863 $73,879 $31,102 $42,777
2016 $1,479 $72,278 $31,102 $41,176
2015 $1,744 $70,816 $31,102 $39,714
2014 $1,690 $65,061 $31,102 $33,959
Source: Public Records

Agents Affiliated with this Home

  • Michelle Bush

    Seller's Agent in 2019

    Michelle Bush

    Keller Williams VIP

    (702) 762-8046

    159 Total Sales

    Michelle Bush
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Map

Source: Las Vegas REALTORS®

MLS Number: 2133972

Las Vegas REALTORS®

APN: 243-35-310-097

Nevada Clark County Searchlight 89046

115 Gaviland St, Searchlight, NV

Not Listed for Sale

MultiFamily

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Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2026 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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