NOT LISTED FOR SALE

Estimated Value: $499,815 - $568,000

8 Beds
4 Baths
2,924 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $335,000 $115 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,937/month

70 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Wood Siding
  • Storage
  • Community Storage Space
  • Carpet

About This Home

As of August 2018

Great Investment property. All 4 units rented with steady tenants. On site coin operated washer/dryer. All units are 2 bedroom/1bath with storage closets for each on the exterior of property. Flooring is carpet, luxury vinyl, vinyl tiles. Property managed by J&H Asset property mgmt., Inc. 2 units rented for $695 and the other 2 units rented for $795.

Last Agent to Sell the Property

Melissa Collins

THE Brokerage A RE Firm License #S.0177796 Listed on: 05/22/2018

Last Buyer's Agent

Shyla Magee

Real Broker LLC License #BS.0143413

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,188

Year Built

  • Built in 1977

Lot Details

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

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,924 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Storage
  • Laundry Room
  • Carpet

Kitchen

  • Oven
  • Range with Range Hood
  • Disposal

Parking

  • 6 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • 4 Units
  • Westminister Amd Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Maintenance Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,188

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 8.5
  • Subdivision Name: WESTMINISTER AMD
  • Directions: From I-15 exit Lake Mead East, Right on Burkholder, Right on Collins, left on Westminster way. Building on Left
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood
  • Flooring: Carpet, Other
  • Interior Amenities: Storage
  • Window Features: Blinds

Exterior Features

  • Construction Type: Wood Siding, Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Flat, Shingle

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 3000.0

Condo/Co-op/Association

  • Amenities: Storage

Lot Info

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

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 36360.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1500.0
  • Annual Operating Expense: 7791.0

Tax Info

  • Tax Annual Amount: 1188.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2025
Sold by
Toutikian Anahit
Bought by
Toutikian Noubar
Current Estimated Value
$529,454

Purchase Details

Closed on
Sep 26, 2020
Sold by
Tang Devin and Ward Alicia
Bought by
Cru & Hersh Properties Llc

Purchase Details

Closed on
May 20, 2020
Sold by
Cru & Hersh Properties Llc
Bought by
Tang Devin and Ward Alicia

Purchase Details

Closed on
Nov 2, 2018
Sold by
Tang Devin
Bought by
Cru & Hersh Properties Llc

Purchase Details

Listed on
May 22, 2018
Closed on
Aug 25, 2018
Sold by
Ward Alicia Hilda
Bought by
Tang Devin
Seller's Agent
Melissa Collins
THE Brokerage A RE Firm
Buyer's Agent
Shyla Magee
Real Broker LLC
List Price
$340,000
Sold Price
$335,000
Premium/Discount to List
-$5,000
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$251,250
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 22, 2018
Closed on
Aug 15, 2018
Sold by
Famid Henderson Llc
Bought by
Tang Devin
Seller's Agent
Melissa Collins
THE Brokerage A RE Firm
Buyer's Agent
Shyla Magee
Real Broker LLC
List Price
$340,000
Sold Price
$335,000
Premium/Discount to List
-$5,000
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 1, 2006
Sold by
Darson Blackwell Llc
Bought by
Henderson Apartments Llc and Famid Henderson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,956
Interest Rate
10%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 16, 2004
Sold by
Shannon Holdings Llc
Bought by
Castello Edward and Castello Julie F

Purchase Details

Closed on
Sep 23, 1997
Sold by
Atlantic City Trust
Bought by
Walters Alton J
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
Toutikian Noubar -- Fntg (Fidelity National Title)
Cru & Hersh Properties Llc -- None Available
Tang Devin $177,000 Equity Title Of Nevada
Cru & Hersh Properties Llc -- None Available
Tang Devin -- Fidelity National Title
Tang Devin $335,000 Fidelity National Title
Henderson Apartments Llc $8,000,000 Fidelity National Title
Castello Edward $576,500 Ticor Title Of Nevada Inc
Walters Alton J -- Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tang Devin $251,250
Previous Owner Henderson Apartments Llc $86,956
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $335,000 -1.5% $115 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $340,000 -- $116 / 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 $1,927 $82,772 $50,400 $32,372
2024 $1,785 $82,772 $50,400 $32,372
2023 $1,785 $79,028 $47,600 $31,428
2022 $1,653 $72,616 $42,000 $30,616
2021 $1,531 $61,976 $32,200 $29,776
2020 $1,418 $61,696 $31,150 $30,546
2019 $1,329 $54,701 $23,800 $30,901
2018 $1,268 $48,580 $18,200 $30,380
2017 $1,385 $47,780 $16,800 $30,980
2016 $1,188 $45,301 $12,600 $32,701
2015 $1,187 $43,862 $11,200 $32,662
2014 $1,150 $38,526 $11,200 $27,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1995902

Las Vegas REALTORS®

APN: 179-17-210-017