NOT LISTED FOR SALE

Estimated Value: $637,248

6 Beds
5 Baths
3,086 Sq Ft
$206/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $390,000 $126 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,395/month

131 Days on Market

Highlights

  • Private Yard
  • Evaporated cooling system
  • Ceiling Fan
  • No HOA
  • Tile Flooring
  • Wall Furnace

About This Home

As of January 2021

Fabulous opportunity for this property in the newly re-zoned (T5N) downtown district. It can be used for Mixed use, Commercial, Residential, or Retail. The new zoning will also allow for building on 75% of the land and up to 5 stories. This is a corner lot with tons of potential. There are 2 Two bedroom, 1 bath, 2 One bedroom, 1 bath units and a studio with a 3/4 bath. All units have separate front and back yards with security screens and lights. This is a jewel of an investment property, you don't want to miss out on!!

Last Agent to Sell the Property

Loraine Malstrom

Exit Realty The Right Choice License #S.0072134 Listed on: 07/29/2020

Exit Realty The Right Choice

Last Buyer's Agent

Serena Heuser

Magenta License #S.0171930

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $573

Year Built

  • Built in 1951

Lot Details

  • 6,970 Sq Ft Lot
  • Private Yard
  • Property is in average condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,086 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring

Kitchen

  • Oven
  • Range with Range Hood
  • Disposal

Parking

  • 2 Parking Spaces
  • Alley Access

Utilities

  • Evaporated cooling system
  • Window Unit Cooling System
  • Wall Furnace
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Fairview Tr Subdivision

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$573

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: Fairview Tr
  • Directions: From I-95 exit Las Vegas Blvd. South to Ogden, Turn left. Property is on the NE corner of Ogden and 13th.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1951
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1951

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3086.0
  • Window Features: Blinds

Exterior Features

  • Disclosures: Familial Relation
  • Construction Type: Block, Stucco
  • Exterior Features: Private Yard
  • Property Condition: Average Condition, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Alley Access, Other
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Evaporative Cooling, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Cable TV
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 573.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Jan 7, 2021
Sold by
1301 Company Llc
Bought by
1301 E Ogden Ave Llc
Seller's Agent
Loraine Malstrom
Exit Realty The Right Choice
Buyer's Agent
Serena Heuser
Magenta
List Price
$525,000
Sold Price
$390,000
Premium/Discount to List
-$135,000
-25.71%
Current Estimated Value
$637,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,248

Purchase Details

Closed on
Jun 9, 2018
Sold by
Mcmahon Gavin J and Mcmahon Mark
Bought by
1301 Company Llc

Purchase Details

Listed on
Oct 9, 2014
Closed on
Feb 2, 2015
Sold by
Mmt Holdings Llc
Bought by
Mcmahon Gavin J and Mcmahon Mark
Seller's Agent
Robert Brown
Fantastik Realty
Buyer's Agent
Loraine Malstrom
Exit Realty The Right Choice
List Price
$235,000
Sold Price
$194,000
Premium/Discount to List
-$41,000
-17.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2013
Closed on
Dec 16, 2013
Sold by
Santana Isabel
Bought by
Mmt Holdings Llc
Seller's Agent
Nebiat Adhanom
BHHS Nevada Properties
Buyer's Agent
Robert Brown
Fantastik Realty
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.32%
Original Mortgage
$143,500
Interest Rate
4.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2013
Sold by
Santana Margarita
Bought by
Santana Isabel

Purchase Details

Closed on
May 3, 2010
Sold by
Fannie Mae
Bought by
Santana Margarita B

Purchase Details

Closed on
Mar 4, 2010
Sold by
Tovim Judith Ben and Tovin Jonathan Ben
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 6, 2006
Sold by
Zargari Kamyar
Bought by
Tovim Jonathan Ben and Tovim Judith Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 29, 2005
Sold by
Sub Prime Properties Inc
Bought by
Zargari Kamyar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,600
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 6, 2005
Sold by
S B G Llc
Bought by
Sub Prime Properties Inc

Purchase Details

Closed on
Feb 17, 2004
Sold by
Feddy Sheldon
Bought by
S B G Llc

Purchase Details

Closed on
Sep 25, 2003
Sold by
Feddy Jacqueline
Bought by
Feddy Sheldon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 22, 2003
Sold by
Merrick Clyde F
Bought by
Feddy Sheldon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.17%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
1301 E Ogden Ave Llc $390,000 Roc Title
1301 Company Llc -- None Available
Mcmahon Gavin J $194,000 Nevada Title Las Vegas
Mmt Holdings Llc $205,000 Chicago Title Of Nevada
Santana Isabel -- None Available
Santana Margarita B $67,000 Old Republic Title Company
Federal National Mortgage Association $381,388 Accommodation
Tovim Jonathan Ben $430,000 Ticor Title Of Nevada Inc
Zargari Kamyar $365,000 Ticor Title Of Nevada Inc
Sub Prime Properties Inc $260,000 Ticor Title Of Nevada Inc
S B G Llc $170,000 --
Feddy Sheldon -- Nevada Title Company
Feddy Sheldon $170,000 Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmahon Gavin J $127,500
Previous Owner Mmt Holdings Llc $143,500
Previous Owner Tovim Jonathan Ben $344,000
Previous Owner Zargari Kamyar $291,600
Previous Owner Feddy Sheldon $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2021 01/07/21 Sold $390,000 -25.7% $126 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $525,000 +170.6% $170 / Sq Ft
03/20/2015 03/20/15 Sold $194,000 -17.4% $63 / Sq Ft View Prior Sale
02/18/2015 02/18/15 Pending -- -- --
10/09/2014 10/09/14 For Sale $235,000 +14.6% $76 / Sq Ft
12/20/2013 12/20/13 Sold $205,000 0.0% $66 / Sq Ft View Prior Sale
11/20/2013 11/20/13 Pending -- -- --
11/05/2013 11/05/13 For Sale $205,000 -- $66 / 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
2023 $714 $65,037 $39,200 $25,837
2022 $513 $54,726 $30,800 $23,926
2021 $662 $50,246 $28,000 $22,246
2020 $611 $49,857 $28,000 $21,857
2019 $573 $49,215 $28,000 $21,215
2018 $547 $38,143 $18,130 $20,013
2017 $1,125 $34,307 $14,700 $19,607
2016 $513 $27,601 $8,400 $19,201
2015 $555 $25,115 $6,563 $18,552
2014 $539 $24,288 $6,563 $17,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2217176

Las Vegas REALTORS®

APN: 139-35-211-101