NOT LISTED FOR SALE

1517 Cobb Ln Las Vegas, NV 89101

Downtown Las Vegas Neighborhood

Estimated Value: $410,581 - $670,000

8 Beds
4 Baths
3,060 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 06, 2012

Last sale price $118,000 $39 Per Sq Ft

Est. 366% increase in value since last sale

Current estimated payment $3,125/month

29 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Property is in excellent condition
  • Ceramic Tile Flooring

About This Home

As of September 2012

NOT A REO OR SHORT SALE...NEW TITLE IN ALL THE UNITS, FRESHLY PAINTED.

Last Agent to Sell the Property

Erin Ray

Realty ONE Group, Inc License #S.0049452 Listed on: 08/07/2012

Last Buyer's Agent

Michelle Meyers

Virtue Real Estate Group License #S.0169105

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1978

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in excellent condition

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,060 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Laundry Facilities
  • Maintenance Expense $500

Listing and Financial Details

  • Legal Lot and Block 4 / 1517

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$998

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 18.11
  • Subdivision Name: NONE
  • Directions: FROM OWENS AND EASTERN, WEST ON OWENS AND SOUTH ON COBB
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1978
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Excellent, Resale
  • Roof: Tile

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 120.0

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26730.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 500.0
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 998.0
  • Tax Block: 1517
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Suzanne Orfescu
Bought by
Suzanne Mezei Living Trust
Current Estimated Value
$549,900

Purchase Details

Listed on
Aug 7, 2012
Closed on
Aug 29, 2012
Sold by
Orfescu Cristian
Bought by
Orfescu Suzanne
Seller's Agent
Erin Ray
Realty ONE Group, Inc
Buyer's Agent
Michelle Meyers
Virtue Real Estate Group
List Price
$120,000
Sold Price
$118,000
Premium/Discount to List
-$2,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%

Purchase Details

Listed on
Aug 7, 2012
Closed on
Aug 25, 2012
Sold by
Jumper Kathy
Bought by
Orfescu Suzanne
Seller's Agent
Erin Ray
Realty ONE Group, Inc
Buyer's Agent
Michelle Meyers
Virtue Real Estate Group
List Price
$120,000
Sold Price
$118,000
Premium/Discount to List
-$2,000
-1.67%

Purchase Details

Closed on
May 13, 2010
Sold by
Williams Steve and Williams Debbie
Bought by
Jumper Kathy

Purchase Details

Closed on
Sep 18, 2009
Sold by
Debusk Ashley
Bought by
Williams Steve and Williams Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,175
Interest Rate
5.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 12, 2009
Sold by
Us Bank National Association
Bought by
Debusk Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,175
Interest Rate
5.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 2009
Sold by
Tran Alina H
Bought by
Us Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,175
Interest Rate
5.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2005
Sold by
Montoya Garcia Jamie and Sanchez Montoya Edgar L
Bought by
Tran Alina H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
8.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 13, 2003
Sold by
Vazquez Jose E and Vazquez Amalia
Bought by
Sanchez Montoya Edgar L and Montoya Garcia Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,539
Interest Rate
5.82%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2000
Sold by
Tam George S and Tam Irene Y
Bought by
American West Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
10.62%

Purchase Details

Closed on
Aug 25, 1997
Sold by
Phase Ii Ltd Partnership
Bought by
Vasquez Jose E and Vazquez Amalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
7.45%
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
Suzanne Mezei Living Trust -- None Listed On Document
Orfescu Suzanne -- Horizone National Title Ins
Orfescu Suzanne $118,000 Horizone National Title Ins
Jumper Kathy $115,000 Lawyers Title Insurance Cor
Williams Steve $125,000 First Amer Title Paseo Verde
Debusk Ashley $66,900 Ticor Title Las Vegas
Us Bank National Association $91,028 Fidelity National Default So
Tran Alina H $370,000 Accudata Title Llc
Sanchez Montoya Edgar L $224,000 Lawyers Title Of Nevada
American West Homes Inc $290,000 Land Title
Vasquez Jose E $139,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Debusk Ashley $50,175
Previous Owner Tran Alina H $296,000
Previous Owner Sanchez Montoya Edgar L $220,539
Previous Owner American West Homes Inc $144,000
Previous Owner Vasquez Jose E $111,200
Closed Vasquez Jose E $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2012 09/06/12 Sold $118,000 -1.7% $39 / Sq Ft
08/07/2012 08/07/12 For Sale $120,000 -- $39 / 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 $1,545 $76,102 $42,000 $34,102
2024 $1,431 $76,102 $42,000 $34,102
2023 $1,431 $84,717 $51,800 $32,917
2022 $1,325 $69,832 $37,800 $32,032
2021 $1,227 $62,589 $31,500 $31,089
2020 $1,137 $59,849 $28,000 $31,849
2019 $1,065 $55,977 $23,800 $32,177
2018 $1,017 $49,770 $18,200 $31,570
2017 $1,443 $44,015 $11,900 $32,115
2016 $953 $43,659 $9,800 $33,859
2015 $952 $39,462 $9,100 $30,362
2014 $922 $40,710 $7,000 $33,710
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Erin Ray

    Realty ONE Group, Inc

  • Michelle Meyers

    Buyer's Agent in 2012

    Michelle Meyers

    Virtue Real Estate Group

    (702) 510-9857

    24 Total Sales

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Map

Source: Las Vegas REALTORS®

MLS Number: 1273731

Las Vegas REALTORS®

APN: 139-26-504-006

Nevada Clark County Las Vegas 89101 Downtown Las Vegas

1517 Cobb Ln, Las Vegas, NV

This home is located at 1517 Cobb Ln, Las Vegas, NV 89101 since 07 August 2012 and is currently estimated at $598,895, approximately $195 per square foot. This property was built in 1978. 1517 Cobb Ln is a home located in Clark County with nearby schools including Robert Lunt Elementary School, J.D. Smith Middle School, and Rancho High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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