NOT LISTED FOR SALE

Estimated Value: $519,535 - $801,000

8 Beds
5 Baths
3,720 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 25, 2015

Last sale price $203,000 $55 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $3,758/month

11 Days on Market

Highlights

  • Laundry Room
  • Ceiling Fan
  • 2-minute walk to Ed Fountain Park
  • Central Heating and Cooling System
  • Carpet

About This Home

As of August 2015

INCOME PRODUCING PROPERTY .... LONG TERM TENANTS ... 2 TWO BEDROOM 2 BATHS..... 2 TWO BEDROOM ONE BATHROOMS .... COMMON AREA IS TAKEN CARE OF WELL....... ON SITE PROPERTY MANAGER ..... LAUNDRY FACILITIES IN BUILDING ..... OWNER HAS TAKEN CARE OF THESE UNITS....

Last Agent to Sell the Property

Billy Alt

Real Broker LLC License #BS.1001764 Listed on: 07/14/2015

Last Buyer's Agent

Reyna A Cruz

Compass Realty & Management License #S.0063634

Compass Realty & Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,815

Year Built

  • Built in 1978

Lot Details

  • 10,454 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,720 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Carpet

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Legal Lot and Block 2 / 1

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, ground maintenance
  • 2 Units
  • Wildwood Manor Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Maintenance Expense $500
  • Professional Management Expense $10

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,815

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • CapRate: 10.87
  • Professional Management Expense: 10.0
  • Subdivision Name: WILDWOOD MANOR
  • Directions: From Decatur and 95 North to Vegas, right on Vegas to Cordoba, Left to property.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1978
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Flooring: Carpet, Other
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3720.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 4.0

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: 1.0

Condo/Co-op/Association

  • Association Fee: 3360.0
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26730.0
  • Insurance Expense: 1100.0
  • Maintenance Expense: 500.0
  • Annual Operating Expense: 3360.0

Tax Info

  • Tax Annual Amount: 1815.0
  • Tax Block: 1
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2015
Closed on
Aug 14, 2015
Sold by
Tourtive Llc
Bought by
Guzman Dinora E and Guzman Juan M
Seller's Agent
Billy Alt
Real Broker LLC
Buyer's Agent
Reyna A Cruz
Compass Realty & Management
List Price
$195,000
Sold Price
$203,000
Premium/Discount to List
$8,000
4.1%
Current Estimated Value
$640,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,921
Avg. Annual Appreciation
12.01%

Purchase Details

Closed on
Dec 12, 2012
Sold by
Osborn Charles and Osborn Julie
Bought by
Torvie Llc

Purchase Details

Closed on
Jun 17, 2011
Sold by
Pacific Woods Rentals Llc
Bought by
Osborn Charles and Osborn Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2008
Sold by
Baghramyan Zhora
Bought by
Pacific Woods Rentals Llc

Purchase Details

Closed on
Jun 20, 2004
Sold by
Fu David H and Chin Fu Diane P
Bought by
Baghramyan Zhora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 11, 2003
Sold by
Cantrell Stephen J and Mcclenachan Suzanne
Bought by
Fu David H and Chin Fu Diane P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.92%
Mortgage Type
Unknown

Purchase Details

Closed on
May 3, 2002
Sold by
Mcclenachan Suzanne
Bought by
The Suzanne Mcclenachan Revocable Trust
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
Guzman Dinora E $205,000 First American Title Ins
Torvie Llc -- None Available
Osborn Charles $140,000 Nevada Title Las Vegas
Pacific Woods Rentals Llc $193,700 Nevada Title Las Vegas
Baghramyan Zhora $380,000 Ticor Title Of Nevada Inc
Fu David H $250,000 Ticor Title Of Nevada Inc
The Suzanne Mcclenachan Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osborn Charles $105,000
Previous Owner Pacific Woods Rentals Llc $0
Previous Owner Baghramyan Zhora $304,000
Previous Owner Fu David H $200,000
Closed Baghramyan Zhora $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2015 08/25/15 Sold $203,000 +4.1% $55 / Sq Ft
07/26/2015 07/26/15 Pending -- -- --
07/14/2015 07/14/15 For Sale $195,000 -- $52 / 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 $2,990 $94,301 $48,650 $45,651
2024 $2,798 $94,301 $48,650 $45,651
2023 $2,798 $93,097 $49,000 $44,097
2022 $2,591 $82,647 $39,900 $42,747
2021 $2,399 $76,474 $35,000 $41,474
2020 $2,225 $71,752 $29,400 $42,352
2019 $2,085 $69,714 $26,950 $42,764
2018 $1,989 $65,196 $23,100 $42,096
2017 $2,008 $61,262 $18,375 $42,887
2016 $2,166 $56,653 $16,100 $40,553
2015 $1,858 $55,358 $14,000 $41,358
2014 $1,816 $54,405 $9,800 $44,605
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1556231

Las Vegas REALTORS®

APN: 139-19-410-014