NOT LISTED FOR SALE

Estimated Value: $354,000 - $417,000

2 Beds
4 Baths
1,709 Sq Ft
$228/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $220,000 $129 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,220/month

65 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property
  • Private Yard
  • Central Heating and Cooling System

About This Home

As of October 2018

CASH in on your CASH FLOW! CAP Rate above 10%. This unique property has a single family 3 bed, 1 bath house with a triplex to the side. House has a fence separating area from Triplex and has recently been painted and updated flooring! Triplex consists of studio apartments. Full kitchens and baths, low maintenance tile floors! Fully Rented! Great Investment property right across the street from the park and very close to downtown!

Last Agent to Sell the Property

Ada Hammon

eXp Realty License #S.0180618 Listed on: 07/20/2018

Last Buyer's Agent

Ada Hammon

eXp Realty License #S.0180618 Listed on: 07/20/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $281

Year Built

  • Built in 1947

Lot Details

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

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,709 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Valley View Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, minor interior maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$281

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • CapRate: 11.3
  • Subdivision Name: VALLEY VIEW ADD
  • Directions: Take Las Vegas Blvd exit downtown, Go N onto Las Vegas Blvd, Continue to Owens Ave turn left. Turn left onto B street. Property is on the right across from the park.
  • Architectural Style: Triplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Triplex
  • Year Built Details: RESALE
  • Year Built: 1947
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Number Of Buildings: 2
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 1709.0

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1200.0

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Minor Interior Maintenance

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 25532.0
  • Insurance Expense: 1200.0
  • Annual Operating Expense: 2667.0

Tax Info

  • Tax Annual Amount: 281.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2022
Sold by
Adam Hartford Seward Revocable Living Tr
Bought by
Goober Foundation Properties Ltd
Total Days on Market
65
Current Estimated Value
$389,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Outstanding Balance
$195,753
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$194,029

Purchase Details

Closed on
Mar 11, 2020
Sold by
Goober Foundation Properties Ltd
Bought by
Van Buren B Street Llc

Purchase Details

Closed on
Feb 21, 2020
Sold by
Seward Adam
Bought by
Seward Adam Hartford and Seward Adam Hartford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,900
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2018
Closed on
Oct 15, 2018
Sold by
Little Robert Allen
Bought by
Seward Adam
Seller's Agent
Ada Hammon
eXp Realty
Buyer's Agent
Ada Hammon
eXp Realty
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$165,000
Interest Rate
4.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 5, 2018
Closed on
Jun 21, 2018
Sold by
Hughes Cassondra Delyn
Bought by
Little Robert Allen
Seller's Agent
Ashley Bowman
Simply Vegas
Buyer's Agent
Ada Hammon
eXp Realty
List Price
$180,000
Sold Price
$170,000
Premium/Discount to List
-$10,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.43%

Purchase Details

Listed on
Jun 5, 2018
Closed on
Jun 20, 2018
Sold by
Walston Lonnie
Bought by
Little Robert Allen
Seller's Agent
Ashley Bowman
Simply Vegas
Buyer's Agent
Ada Hammon
eXp Realty
List Price
$180,000
Sold Price
$170,000
Premium/Discount to List
-$10,000
-5.56%

Purchase Details

Closed on
Apr 21, 2017
Sold by
Walston Lonnie
Bought by
Walston Lonnie and The Lonnie Walston 2017 Living Trust

Purchase Details

Closed on
Jul 24, 2014
Sold by
Walston Lonnie
Bought by
Lonnie Investments Series Iv Only 1930

Purchase Details

Closed on
Oct 30, 1995
Sold by
Walston Daisy
Bought by
Walston Lonnie
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
Goober Foundation Properties Ltd -- --
Goober Foundation Properties Ltd -- --
Adam Hartford Seward Revocable Living Trust -- --
Van Buren B Street Llc -- --
Van Buren B Street Llc -- None Available
Goober Foundation Properties Ltd -- None Available
Seward Adam Hartford -- None Available
Seward Adam $220,000 Ticortitle Las Vegas 41
Little Robert Allen -- Ticor Title Las Vegas
Little Robert Allen $170,000 Ticor Title Las Vegas
Walston Lonnie $170,000 Ticor Title Las Vegas
Walston Lonnie -- None Available
Lonnie Investments Series Iv Only 1930 -- None Available
Walston Lonnie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adam Hartford Seward Revocable $201,000
Previous Owner Seward Adam $214,900
Previous Owner Seward Adam $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $220,000 -6.4% $129 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $235,000 +38.2% $138 / Sq Ft
06/25/2018 06/25/18 Sold $170,000 -5.6% $200 / Sq Ft
06/05/2018 06/05/18 For Sale $180,000 -- $212 / 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 $425 $58,747 $38,500 $20,247
2024 $395 $58,747 $38,500 $20,247
2023 $395 $53,531 $35,000 $18,531
2022 $366 $34,409 $17,500 $16,909
2021 $339 $31,081 $15,400 $15,681
2020 $312 $30,700 $15,400 $15,300
2019 $292 $26,337 $11,550 $14,787
2018 $279 $25,830 $10,850 $14,980
2017 $831 $25,348 $10,500 $14,848
2016 $262 $18,735 $4,200 $14,535
2015 $260 $17,264 $3,150 $14,114
2014 $252 $9,510 $3,500 $6,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2014234

Las Vegas REALTORS®

APN: 139-27-111-026