NOT LISTED FOR SALE

Estimated Value: $517,245 - $636,000

5 Beds
4 Baths
2,804 Sq Ft
$204/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $299,900 $107 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,160/month

177 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2020

Great income producing rental 4-plex near Fremont that has had a great track record for the current owner! Units 1, 2 and 3 are 1 bedroom/1 bathroom units and unit 4 is a 2 bedroom/1 bathroom unit! No association fees!

Last Agent to Sell the Property

Jacob Cabot

Platinum Real Estate Prof License #S.0176807 Listed on: 06/12/2019

Last Buyer's Agent

Tina Haugen

Century 21 Americana License #S.0071800

Century 21 Americana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $810

Year Built

  • Built in 1972

Lot Details

  • 9,148 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 2,804 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 4 Units
  • Rancho Gardens North Subdivision

Building Details

  • Maintenance Expense $125
  • Professional Management Expense $125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$810

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Professional Management Expense: 125.0
  • Subdivision Name: RANCHO GARDENS NORTH
  • Directions: From 95 and Eastern, N on Eastern, L on Searles, R on 22nd.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1972
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1972

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Ceramic Tile
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 200.0

Schools

Lot Info

  • Lot Size Sq Ft: 9148.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 20000.0
  • Insurance Expense: 152.0
  • Maintenance Expense: 125.0

Tax Info

  • Tax Annual Amount: 810.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Dec 27, 2019
Sold by
Soto Juan M and Castro Maria
Bought by
Saenz Eric
Seller's Agent
Jacob Cabot
Platinum Real Estate Prof
Buyer's Agent
Tina Haugen
Century 21 Americana
List Price
$308,000
Sold Price
$299,900
Premium/Discount to List
-$8,100
-2.63%
Current Estimated Value
$573,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,161
Avg. Annual Appreciation
11.90%
Original Mortgage
$294,467
Outstanding Balance
$258,381
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$314,680

Purchase Details

Listed on
Nov 25, 2015
Closed on
Apr 12, 2016
Sold by
Dvanast Llc
Bought by
Soto Juan M and Castro Maria
Seller's Agent
Tanya Harrah
Keller Williams VIP
Buyer's Agent
Jose Espinosa
Vegas Valley Residential
List Price
$195,000
Sold Price
$179,000
Premium/Discount to List
-$16,000
-8.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.84%
Original Mortgage
$134,250
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2014
Closed on
Feb 25, 2015
Sold by
Preformance Holdings Corp
Bought by
Dvanast Llc
Seller's Agent
John Knowlton
West Capital Real Estate & Inv
Buyer's Agent
John Knowlton
West Capital Real Estate & Inv
List Price
$125,000
Sold Price
$85,000
Premium/Discount to List
-$40,000
-32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.44%

Purchase Details

Closed on
Oct 3, 2014
Sold by
Mazel Llc
Bought by
Performance Holdings Corp

Purchase Details

Closed on
Jul 17, 2014
Sold by
Poster Mary Ann
Bought by
Mazel Llc

Purchase Details

Closed on
May 22, 2009
Sold by
Delossantos Matt
Bought by
Poster Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 11, 2009
Sold by
Mazel Llc
Bought by
Poster Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 26, 2009
Sold by
Bank Of New York
Bought by
Mazel Llc

Purchase Details

Closed on
Sep 12, 2007
Sold by
Mercado Santos
Bought by
Bank Of New York and Certificate Holders Cwalt Inc Alternativ

Purchase Details

Closed on
Apr 4, 2001
Sold by
Tenney James H and Tenney Jane T Knoll
Bought by
Mercado Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,682
Interest Rate
7.19%
Mortgage Type
FHA
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
Saenz Eric $299,900 First American Title
Soto Juan M $179,000 Nati0nal Title Company
Dvanast Llc $85,000 North American Title Main
Performance Holdings Corp $93,102 Chicago Title Las Vegas
Mazel Llc $55,332 First American Title Paseo
Poster Mary Ann -- First American Title Paseo V
Poster Mary Ann $70,000 First American Title Paseo V
Mazel Llc $64,000 First American Title Paseo V
Bank Of New York $248,673 Fidelity National Title
Mercado Santos $150,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saenz Eric $294,467
Previous Owner Soto Juan M $134,250
Previous Owner Poster Mary Ann $56,000
Previous Owner Mercado Santos $147,682
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2020 01/06/20 Sold $299,900 -2.6% $107 / Sq Ft
12/07/2019 12/07/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $308,000 +72.1% $110 / Sq Ft
04/13/2016 04/13/16 Sold $179,000 -8.2% $64 / Sq Ft View Prior Sale
03/14/2016 03/14/16 Pending -- -- --
11/25/2015 11/25/15 For Sale $195,000 +129.4% $70 / Sq Ft
03/03/2015 03/03/15 Sold $85,000 -32.0% $30 / Sq Ft View Prior Sale
02/01/2015 02/01/15 Pending -- -- --
12/17/2014 12/17/14 For Sale $125,000 -- $45 / 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 $1,313 $69,785 $42,000 $27,785
2024 $1,217 $69,785 $42,000 $27,785
2023 $1,217 $76,151 $51,800 $24,351
2022 $1,127 $60,436 $37,800 $22,636
2021 $1,044 $53,797 $31,500 $22,297
2020 $966 $51,145 $28,000 $23,145
2019 $906 $47,465 $23,800 $23,665
2018 $864 $41,689 $18,200 $23,489
2017 $1,183 $36,081 $11,900 $24,181
2016 $810 $35,732 $9,800 $25,932
2015 $807 $32,586 $9,100 $23,486
2014 $782 $33,126 $7,000 $26,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2103355

Las Vegas REALTORS®

APN: 139-26-512-008