NOT LISTED FOR SALE

1662 N Lamont St Las Vegas, NV 89115

Estimated Value: $660,974 - $752,000

8 Beds
8 Baths
3,936 Sq Ft
$178/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $240,000 $61 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $3,911/month

116 Days on Market

Highlights

  • Wood Flooring
  • Community Playground
  • Storage
  • Patio
  • Laundry Room
  • Programmable Thermostat

About This Home

As of November 2015

Strategically located in front of the complex, corner lot with great visibility. Fully occupied with long term tenants and a long list of potential tenants. Two bedrooms two baths and laundry in each unit. Clean and remodeled units. Desert and green landscaping with playgrounds and trails. Very clean and well maintained complex.

Last Agent to Sell the Property

Ivana Alexander

Realty 360 License #S.0048627 Listed on: 07/01/2015

Last Buyer's Agent

Dorothy Mathis

Titan Real Estate & Investment License #B.0056991

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,963

Year Built

  • Built in 1996

Lot Details

  • 0.27 Acre Lot
  • Landscaped
  • Property is in very good condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,936 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Storage

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Programmable Thermostat

Listing and Financial Details

  • Legal Lot and Block 8 / 1662

Community Details

Overview

  • 2 Units
  • Reid Manor Phase 4 Subdivision

Recreation

  • Community Playground

Additional Features

  • Community Storage Space
  • Maintenance Expense $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,963

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • CapRate: 10.6
  • Subdivision Name: REID MANOR-PHASE 4
  • Directions: From East Charleston and North Lamb, go North on Lamb, make right on East Owens, make left on North Lamont, property on the right second driveway
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1996
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1996

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Storage, Programmable Thermostat
  • Living Area: 3936.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Patio And Porch Features: Patio
  • Property Condition: Resale, Very Good Condition
  • Roof: Tile

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1.0

Condo/Co-op/Association

  • Amenities: Landscaping, Playground, Storage

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28512.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 2000.0

Tax Info

  • Tax Annual Amount: 1963.0
  • Tax Block: 1662
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2015
Closed on
Nov 16, 2015
Sold by
Dzanakaridis Atanasis George
Bought by
Perez Severina Neida and Severina Neida Perez 2011 Living Trust
Seller's Agent
Ivana Alexander
Realty 360
Buyer's Agent
Dorothy Mathis
Titan Real Estate & Investment
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$700,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,244
Avg. Annual Appreciation
11.46%

Purchase Details

Closed on
Dec 20, 2010
Sold by
Thomas Jeff
Bought by
Dzanakaridis Atanasis George

Purchase Details

Closed on
Nov 21, 2006
Sold by
Thomas Jeff and Thomas Alyssa
Bought by
Xiqa Properties Nevada Llc Series A

Purchase Details

Closed on
Jul 22, 2006
Sold by
Thomas Alyssa
Bought by
Thomas Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 10, 2006
Sold by
Nevada P C F Llc
Bought by
Thomas Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 10, 2006
Sold by
Hoffman Gary H and Hoffman Vicki C
Bought by
Nevada P F C Llc

Purchase Details

Closed on
Jan 5, 2006
Sold by
Hoffman Gary H and Hoffman Vicki C
Bought by
Hoffman Gary H and Hoffman Vicki C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
1.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Reid Peter and Reid Mary Jane
Bought by
Oakwest College Square Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.02%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Perez Severina Neida $240,000 First American Title Ins
Dzanakaridis Atanasis George $120,000 None Available
Xiqa Properties Nevada Llc Series A -- None Available
Thomas Jeff -- None Available
Thomas Jeff -- Ticor Title Of Nevada Inc
Thomas Jeff $460,000 Ticor Title Of Nevada Inc
Nevada P F C Llc -- None Available
Hoffman Gary H -- Transcontinental Title Co
Hoffman Gary H -- Transcontinental Title Co
Oakwest College Square Llc $3,200,000 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Jeff $368,000
Previous Owner Hoffman Gary H $324,000
Previous Owner Oakwest College Square Llc $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2015 11/25/15 Sold $240,000 -4.0% $61 / Sq Ft
10/26/2015 10/26/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $250,000 -- $64 / 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 $2,204 $135,466 $48,650 $86,816
2024 $2,041 $135,466 $48,650 $86,816
2023 $2,041 $124,059 $44,100 $79,959
2022 $1,890 $112,812 $36,750 $76,062
2021 $1,751 $102,156 $29,750 $72,406
2020 $1,623 $100,935 $28,350 $72,585
2019 $1,521 $96,333 $24,150 $72,183
2018 $1,451 $86,704 $16,800 $69,904
2017 $2,341 $79,826 $9,800 $70,026
2016 $1,359 $78,712 $7,000 $71,712
2015 $2,006 $62,807 $7,000 $55,807
2014 $1,964 $77,152 $7,000 $70,152
Source: Public Records

Agents Affiliated with this Home

  • Dorothy Mathis

    Buyer's Agent in 2015

    Dorothy Mathis

    Titan Real Estate & Investment

    (702) 436-6789

    3 in this area

    16 Total Sales

    Dorothy Mathis
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Map

Source: Las Vegas REALTORS®

MLS Number: 1552364

Las Vegas REALTORS®

APN: 140-20-813-008

Nevada Clark County Las Vegas 89115

1662 N Lamont St, Las Vegas, NV

This home is located at 1662 N Lamont St, Las Vegas, NV 89115 since 01 July 2015 and is currently estimated at $700,244, approximately $177 per square foot. This property was built in 1996. 1662 N Lamont St is a home located in Clark County with nearby schools including Ann Lynch Elementary School, Mario C. & Joanne Monaco Middle School, and Sunrise Mountain High School.

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