$165,000
SOLD NOV 29, 2017
-- Bed
-- Bath
1,008 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$164 Per Sq Ft

6% Below List Price

75 Days on Market

Highlights

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

About This Home

As of February 2020

Great Investment Property! All 3 Units are Rented with Long Term Tenants! Current Rents Below Market Value, Big Lot, Lots of Potential, Units in the Back are Permitted! Being Sold "As-Is".

Last Agent to Sell the Property

Beverly Schaeffer

Choice 1 Realty License #B.0143231 Listed on: 08/15/2017

Last Buyer's Agent

Justin Simmons

Realty ONE Group, Inc License #S.0169929

Realty ONE Group, Inc

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 good condition

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 3 Units
  • Martin Tract Subdivision

Building Details

  • Maintenance Expense $1,000

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: 8.9
  • Subdivision Name: MARTIN TRACT
  • Directions: 95 Freeway, Exit S on Eastern, Turn R on Stewart, Turn R on Marlin Ave.
  • 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: 1
  • Flooring: Tile
  • Interior Amenities: None

Exterior Features

  • Construction Type: Block
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Amenities: None

Lot Info

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

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 19800.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1000.0
  • Annual Operating Expense: 4081.0

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
Current Estimated Value
$435,924

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
$236,173

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
8.32%
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Lawyers Title Of Nevada
Bargain Sale Deed $279,900 Lawyers Title Henderson
Bargain Sale Deed -- Wfg National Title Co
Bargain Sale Deed $165,000 Wfg National Title Co
Interfamily Deed Transfer -- None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $217,500 New Conventional
Closed $209,925 New Conventional
Previous Owner $123,750 New Conventional
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 $581 $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

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Source: Las Vegas REALTORS®

MLS Number: 1923162

Las Vegas REALTORS®

APN: 139-35-213-001