NOT LISTED FOR SALE

Estimated Value: $600,180 - $730,000

8 Beds
4 Baths
3,500 Sq Ft
$185/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $400,000 $114 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,593/month

15 Days on Market

Highlights

  • Private Yard
  • Security Guard
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of February 2021

Fantastic income producing investment near downtown! Well-maintained and all units are currently leased out to long-term tenants. Property was renovated in 2010. Coin operated washer and dryer on the premises. Located walking distance from Rancho High School and conveniently down the street from tons of restaurants and shops!

Last Agent to Sell the Property

Gabrielle Bailey

Simply Vegas License #S.0188542 Listed on: 01/09/2021

Last Buyer's Agent

Catherine Hyde

Simply Vegas License #S.0070366

Simply Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,340

Year Built

  • Built in 1981

Lot Details

  • 6,534 Sq Ft Lot
  • Private Yard
  • Property is in good condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Laundry Room

Kitchen

  • Oven
  • Range

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Stratton Gardens Subdivision

Additional Features

  • Maintenance Expense $1,500
  • Security Guard

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,340

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Subdivision Name: Stratton Gardens
  • Directions: From Eastern and Washington, North on Eastern, West on Searles, North on 21st Street.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1981
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1981

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Tile
  • Living Area: 3500.0

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Private Yard
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2000.0

Condo/Co-op/Association

  • Amenities: Guard, Cable TV
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Maintenance Expense: 1500.0
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 1340.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2021
Closed on
Feb 12, 2021
Sold by
Lalangan Manolito and Lalangan Marissa
Bought by
Young Taloria
Seller's Agent
Gabrielle Bailey
Simply Vegas
Buyer's Agent
Catherine Hyde
Simply Vegas
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$646,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,545
Avg. Annual Appreciation
10.95%
Original Mortgage
$300,000
Outstanding Balance
$268,317
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$378,228

Purchase Details

Listed on
Mar 28, 2018
Closed on
May 16, 2018
Sold by
645 Property Management Llc
Bought by
Lalangan Manolito and Lalangan Marissa
Seller's Agent
Nattaly Zand
Luxury Estates International
Buyer's Agent
Brenda Mora
Huntington & Ellis, A Real Est
List Price
$325,000
Sold Price
$308,000
Premium/Discount to List
-$17,000
-5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$225,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2009
Sold by
Goujon Kevin
Bought by
645 Property Management Llc

Purchase Details

Closed on
Jul 23, 2009
Sold by
Goujon Marine Suzanne Augustine Thuet
Bought by
Goujon Kevin

Purchase Details

Closed on
Dec 16, 2008
Sold by
Slayter Jeffrey
Bought by
American Home Mortgage Servicing Inc

Purchase Details

Closed on
Jan 11, 2005
Sold by
Pena Gonzalez Carlos
Bought by
Pena Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 18, 2004
Sold by
Pena Laura and Arias Laura Mencias
Bought by
Slayter Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 20, 2003
Sold by
Gonzalez Carlos Pena
Bought by
Arias Laura Mencias

Purchase Details

Closed on
Oct 10, 2002
Sold by
Corona Ernesto and Corona Maria Raquel
Bought by
Pena Gonzalez Carlos and Arias Laura Mencias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,678
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 8, 1997
Sold by
Montenegro Robert T and Montenegro Zori
Bought by
Corona Ernesto and Corona Maria Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.61%
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
Young Taloria $400,000 Clear Title Company
Lalangan Manolito $308,000 Equity Title Of Nevada
645 Property Management Llc $10,000 Lawyers Title Of Nevada Cent
Goujon Kevin -- Ticor Title Las Vegas
American Home Mortgage Servicing Inc $187,000 Accommodation
Pena Laura -- First Amer Title Co Of Nv
Slayter Jeffrey $340,000 First Amer Title Co Of Nv
Arias Laura Mencias -- --
Pena Gonzalez Carlos $215,000 United Title
Corona Ernesto $140,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Taloria $300,000
Previous Owner Lalangan Manolito $225,750
Previous Owner Slayter Jeffrey $272,000
Previous Owner Pena Gonzalez Carlos $211,678
Previous Owner Corona Ernesto $126,000
Closed Slayter Jeffrey $34,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2021 02/24/21 Sold $400,000 0.0% $114 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $400,000 +29.9% $114 / Sq Ft
05/21/2018 05/21/18 Sold $308,000 -5.2% $88 / Sq Ft View Prior Sale
04/21/2018 04/21/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $325,000 -- $93 / 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 $1,820 $87,421 $42,000 $45,421
2024 $1,686 $87,421 $42,000 $45,421
2023 $1,686 $95,087 $51,800 $43,287
2022 $1,562 $79,597 $37,800 $41,797
2021 $1,446 $71,848 $31,500 $40,348
2020 $1,340 $69,092 $28,000 $41,092
2019 $1,256 $65,117 $23,800 $41,317
2018 $1,212 $58,617 $18,200 $40,417
2017 $1,734 $52,899 $11,900 $40,999
2016 $1,136 $52,661 $9,800 $42,861
2015 $1,135 $47,449 $9,100 $38,349
2014 $1,099 $49,635 $7,000 $42,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2260562

Las Vegas REALTORS®

APN: 139-26-511-006