NOT LISTED FOR SALE

1610 Marlin Ave Las Vegas, NV 89101

Downtown Las Vegas Neighborhood

Estimated Value: $314,292 - $495,000

3 Beds
4 Baths
2,160 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 20, 2020

Last sale price $279,900 $130 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,439/month

528 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of February 2020

GREAT INVESTMENT OPPORTUNITY 7% CAP RATE! TAX ROLL IS WRONG! MAIN HOUSE IS 1008 SQFT, REAR UNITS ARE 576 SQ FT EACH, 2160 SQFT TOTAL $129 A SQ FT. Fully occupied Tri-plex w/ long standing tenants. New upgrades include 2 new electrical panels in A&B, new A/C on B unit, main house & A unit A/C serviced, sewer lines cleaned out & serviced. Huge lot, gated front yard for main house & gated parking lot for A&B units. Current rents below market value.

Last Agent to Sell the Property

Justin Simmons

Realty ONE Group, Inc License #S.0169929 Listed on: 08/10/2018

Realty ONE Group, Inc

Last Buyer's Agent

William Zeigler

Petra Realty Group License #S.0031983

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $581

Year Built

  • Built in 1952

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in average condition

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Tile Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Martin Tract Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$581

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • CapRate: 7.0
  • Subdivision Name: MARTIN TRACT
  • Directions: 95 Freeway, exit S on Eastern, R on Stewart, R on Marlin
  • Architectural Style: Triplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Triplex
  • Year Built Details: RESALE
  • Year Built: 1952
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1952

Interior Features

  • Number Of Buildings: 3
  • Appliances: Refrigerator
  • Flooring: Tile
  • Living Area: 2160.0

Exterior Features

  • Construction Type: Aluminum Siding, Frame
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle, Tile

Utilities

  • Laundry Features: Common Area, Washer Hookup, Dryer Hookup, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 840.0

Condo/Co-op/Association

  • Amenities: Cable TV

Schools

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 20700.0
  • Insurance Expense: 668.0

Tax Info

  • Tax Annual Amount: 581.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2021
Sold by
Rydings James W and Rydings Alicia
Bought by
Rydings James W and Rydings Alicia
Total Days on Market
528
Current Estimated Value
$421,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Outstanding Balance
$196,768
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$224,675

Purchase Details

Listed on
Aug 10, 2018
Closed on
Feb 1, 2020
Sold by
Benites Nicholas A
Bought by
Rydings James W and Rydings Alicia
Seller's Agent
Justin Simmons
Realty ONE Group, Inc
Buyer's Agent
William Zeigler
Petra Realty Group
List Price
$280,000
Sold Price
$279,900
Premium/Discount to List
-$100
-0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$209,925
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2017
Closed on
Nov 28, 2017
Sold by
Benites Ann
Bought by
Benitas Nicholas A
Seller's Agent
Beverly Schaeffer
Choice 1 Realty
Buyer's Agent
Justin Simmons
Realty ONE Group, Inc
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.74%
Original Mortgage
$123,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2017
Closed on
Nov 6, 2017
Sold by
Perez Estebern and Perez Isabel
Bought by
Bennis Nicholas A
Seller's Agent
Beverly Schaeffer
Choice 1 Realty
Buyer's Agent
Justin Simmons
Realty ONE Group, Inc
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2016
Sold by
Perez Eateban D and Perez Isabel
Bought by
Perez Esteban and Perez Isabel
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
Rydings James W -- Lawyers Title Of Nevada
Rydings James W $279,900 Lawyers Title Henderson
Benitas Nicholas A -- Wfg National Title Co
Bennis Nicholas A $165,000 Wfg National Title Co
Perez Esteban -- None Available
Perez Esteban -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rydings James W $217,500
Closed Rydings James W $209,925
Previous Owner Bennis Nicholas A $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2020 02/20/20 Sold $279,900 0.0% $130 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
08/10/2018 08/10/18 For Sale $280,000 +69.7% $130 / Sq Ft
11/29/2017 11/29/17 Sold $165,000 -5.7% $164 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $175,000 -- $174 / 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 $943 $54,466 $27,300 $27,166
2024 $873 $54,466 $27,300 $27,166
2023 $873 $51,941 $27,755 $24,186
2022 $809 $39,684 $17,745 $21,939
2021 $749 $36,516 $17,745 $18,771
2020 $693 $36,445 $17,745 $18,700
2019 $649 $32,626 $14,560 $18,066
2018 $620 $32,814 $15,925 $16,889
2017 $994 $30,318 $13,650 $16,668
2016 $581 $21,886 $5,600 $16,286
2015 $579 $21,010 $5,250 $15,760
2014 $561 $16,599 $4,375 $12,224
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Justin Simmons

    Realty ONE Group, Inc

    (702) 289-9719

    71 Total Sales

    Justin Simmons
    Section Image

  • W

    Buyer's Agent in 2020

    William Zeigler

    Petra Realty Group

    (702) 236-9400

    4 in this area

    86 Total Sales

    William Zeigler
    Section Image

  • B

    Seller's Agent in 2017

    Beverly Schaeffer

    Choice 1 Realty

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2020866

Las Vegas REALTORS®

APN: 139-35-213-001

Nevada Clark County Las Vegas 89101 Downtown Las Vegas

1610 Marlin Ave, Las Vegas, NV

This home is located at 1610 Marlin Ave, Las Vegas, NV 89101 since 10 August 2018 and is currently estimated at $421,573, approximately $195 per square foot. This property was built in 1952. 1610 Marlin Ave is a home located in Clark County with nearby schools including Howard E Hollingsworth Elementary School, Roy West Martin 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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