NOT LISTED FOR SALE

Estimated Value: $571,204 - $804,000

7 Beds
4 Baths
3,898 Sq Ft
$175/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $354,000 $91 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,650/month

65 Days on Market

Highlights

  • Private Yard
  • Carpet
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of December 2018

Charleston Heights single story fourplex investment opportunity, centrally located near the intersection of Charleston Blvd and Decatur Blvd. The property is fully occupied, with long-term tenants who are now on month to month leases. Monthly rents total $2,525 / 2017 NOI $15,071 / 2018 NOI projected $16,820 including expenses, repairs and 10% property management fee. Detailed financial reports are available upon request.

Last Agent to Sell the Property

Audrey Few

Northcap Residential License #B.0144903 Listed on: 09/15/2018

Last Buyer's Agent

Rosa Flores

Real Broker LLC License #S.0170108

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1962

Lot Details

  • 0.26 Acre Lot
  • Private Yard
  • Property is in good condition

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,898 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Dishwasher

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 4 Units
  • Charleston Hgts Sub Tract #32A Subdivision

Building Details

  • Maintenance Expense $5,006
  • Professional Management Expense $2,979

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,781

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Professional Management Expense: 2979.0
  • Subdivision Name: CHARLESTON HGTS SUB TRACT #32A
  • Directions: Take I-15 N, Spring Mountain Rd and Turn right onto S Decatur Blvd, Turn Left on Doe Ave, between Oakey Blvd and Charleston Blvd, then turn Right on Angel Dr.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher
  • Flooring: Carpet

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2437.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 11326.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1132.0
  • Maintenance Expense: 5006.0
  • Annual Operating Expense: 15030.0

Tax Info

  • Tax Annual Amount: 1781.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2020
Sold by
Ayala Manuel Arturo and Ayal Sergio T
Bought by
Av Central Llc
Current Estimated Value
$630,515

Purchase Details

Closed on
May 28, 2020
Sold by
Ayala Manuel Arturo and Ayala Sergio T
Bought by
Ayala Manuel Arturo and Ayala Sergio T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2019
Sold by
Ayala Sergio Torres
Bought by
Ayala Sergio Torres and Ayala Manuel A

Purchase Details

Listed on
Sep 15, 2018
Closed on
Dec 19, 2018
Sold by
Patio Narsica
Bought by
Ayala Sergio Torres
Seller's Agent
Audrey Few
Northcap Residential
Buyer's Agent
Rosa Flores
Real Broker LLC
List Price
$354,900
Sold Price
$354,000
Premium/Discount to List
-$900
-0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$160,000
Interest Rate
4.9%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 29, 2011
Sold by
East House Unlimited Llc
Bought by
01 The Entrust Group Inc and Gordon Mark Berger Ira

Purchase Details

Closed on
May 23, 2011
Sold by
Rossetto Francisco
Bought by
East House Unlimited Llc

Purchase Details

Closed on
Jun 1, 2007
Sold by
Rossetto Gricelda L
Bought by
Rossetto Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 11, 2006
Sold by
Kenyon
Bought by
Yan Yin and Chung Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,500
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving
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
Av Central Llc -- None Available
Ayala Manuel Arturo -- First American Title
Ayala Sergio T -- First American Title
Ayala Manuel Arturo -- First American Title
Ayala Sergio Torres -- None Available
Ayala Sergio Torres $354,000 Chicago Title Corporate C
01 The Entrust Group Inc $153,100 Fidelity National Title Las
East House Unlimited Llc $130,300 None Available
Rossetto Francisco -- Old Republic Title Co Of Nv
Rossetto Francisco $580,000 Old Republic Title Co Of Nv
Yan Yin $505,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayala Manuel Arturo $231,000
Previous Owner Ayala Sergio Torres $160,000
Previous Owner Rossetto Francisco $464,000
Previous Owner Yan Yin $299,500
Previous Owner Yan Yin $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $354,000 -0.3% $91 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
09/15/2018 09/15/18 For Sale $354,900 -- $91 / 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 $2,570 $83,268 $46,550 $36,718
2024 $2,382 $83,268 $46,550 $36,718
2023 $2,382 $78,174 $46,060 $32,114
2022 $2,206 $69,476 $39,690 $29,786
2021 $2,043 $62,943 $35,280 $27,663
2020 $1,894 $58,295 $31,185 $27,110
2019 $1,775 $55,180 $28,875 $26,305
2018 $1,694 $51,668 $26,775 $24,893
2017 $2,726 $83,165 $58,713 $24,452
2016 $1,736 $55,487 $31,500 $23,987
2015 $1,732 $51,163 $28,000 $23,163
2014 $1,678 $50,358 $28,000 $22,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2031725

Las Vegas REALTORS®

APN: 163-01-612-039