NOT LISTED FOR SALE

1309 N 22nd St Las Vegas, NV 89101

Downtown Las Vegas Neighborhood

Estimated Value: $415,407 - $635,000

5 Beds
4 Baths
2,804 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $185,000 $66 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $3,113/month

157 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet

About This Home

As of April 2017

Fully Occupied 4 plex no HOA. Great Investor opportunity. Buyer and Buyers agent to verify all info.

Last Agent to Sell the Property

Mark Costello

Costello Realty & Mgmt License #S.0066189 Listed on: 10/22/2016

Last Buyer's Agent

Larry Gurganus

LG Realty & Investments License #B.1002001

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $810

Year Built

  • Built in 1972

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,804 Sq Ft Home
  • Carpet
  • Dishwasher

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • 4 Units
  • Rancho Gardens North Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas

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: 0.19
  • CapRate: 8.0
  • Subdivision Name: RANCHO GARDENS NORTH
  • Directions: From 22nd and Owens North to property.
  • Architectural Style: Fourplex
  • Year Built Details: RESALE
  • Year Built: 1972
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Year Built: 1972

Interior Features

  • Appliances: Dishwasher
  • Flooring: Carpet, Other

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 960.0

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 3108.0

Tax Info

  • Tax Annual Amount: 810.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2016
Closed on
Apr 11, 2017
Sold by
Big Game Holdings Llc
Bought by
Debas Nicole
Seller's Agent
Mark Costello
Costello Realty & Mgmt
Buyer's Agent
Larry Gurganus
LG Realty & Investments
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Current Estimated Value
$564,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,352
Avg. Annual Appreciation
14.11%
Original Mortgage
$127,500
Outstanding Balance
$66,112
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$498,240

Purchase Details

Closed on
Jul 10, 2015
Sold by
Whitetree Rohl Jan L
Bought by
Big Game Holdings Llc

Purchase Details

Closed on
Apr 23, 2013
Sold by
Real Properties Of America Na
Bought by
Whitetree Rohl Jan L

Purchase Details

Closed on
Mar 29, 2011
Sold by
Citibank N A
Bought by
Real Properties Of America Inc

Purchase Details

Closed on
Aug 24, 2010
Sold by
Melikyan Saro
Bought by
Citibank Na

Purchase Details

Closed on
May 22, 2006
Sold by
Sirkedzhyan Ara
Bought by
Melikyan Saro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 18, 2006
Sold by
Musaderyan Anna
Bought by
Melikyan Saro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 2005
Sold by
Burciaga Bruno
Bought by
Sirkedzhyan Ara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 13, 2003
Sold by
Aguila Javier and Chavarin Victor
Bought by
Burciaga Bruno

Purchase Details

Closed on
Jun 10, 2002
Sold by
Aguila Javier and Chavarin Victor
Bought by
Washington Mutual Bank Fa and Washington Mutual Home Loans Inc

Purchase Details

Closed on
Mar 29, 2001
Sold by
Tenney James H and Knoll Tenney Jane T
Bought by
Aguila Javier and Chavarin Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,628
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 1993
Sold by
Tenney James H
Bought by
Tenney James H and Knoll Jane T
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
Debas Nicole $170,000 Equity Title Of Nevada
Big Game Holdings Llc -- None Available
Whitetree Rohl Jan L $109,200 None Available
Real Properties Of America Inc $42,750 Servicelink Irvine
Citibank Na $290,695 Accommodation
Melikyan Saro $375,000 Ticor Title Of Nevada Inc
Melikyan Saro -- Ticor Title Of Nevada Inc
Sirkedzhyan Ara $290,000 Ticor Title Of Nevada Inc
Burciaga Bruno $5,000 --
Washington Mutual Bank Fa $150,961 Equity Title
Aguila Javier $150,000 United Title
Tenney James H -- Nevada Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Debas Nicole $127,500
Previous Owner Melikyan Saro $262,500
Previous Owner Sirkedzhyan Ara $203,000
Previous Owner Aguila Javier $147,628
Closed Sirkedzhyan Ara $87,000
Closed Tenney James H --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $185,000 -5.1% $66 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
10/22/2016 10/22/16 For Sale $195,000 -- $70 / 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

  • M

    Seller's Agent in 2017

    Mark Costello

    Costello Realty & Mgmt

    (702) 375-7117

    47 Total Sales

    Mark Costello
    Section Image
  • Larry Gurganus

    Buyer's Agent in 2017

    Larry Gurganus

    LG Realty & Investments

    (702) 885-9490

    4 in this area

    146 Total Sales

    Larry Gurganus
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1844043

Las Vegas REALTORS®

APN: 139-26-512-006

Nevada Clark County Las Vegas 89101 Downtown Las Vegas

1309 N 22nd St, Las Vegas, NV

This home is located at 1309 N 22nd St, Las Vegas, NV 89101 since 22 October 2016 and is currently estimated at $564,352, approximately $201 per square foot. This property was built in 1972. 1309 N 22nd St is a home located in Clark County with nearby schools including Robert Lunt Elementary School, J.D. Smith Middle School, and Rancho High School.

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