NOT LISTED FOR SALE

1664 Stevens St Las Vegas, NV 89115

Estimated Value: $623,000 - $685,000

8 Beds
4 Baths
3,196 Sq Ft
$204/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $635,000 $199 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,780/month

30 Days on Market

Highlights

  • No HOA
  • Storage
  • Central Heating and Cooling System
  • Laundry Room
  • Tile Flooring
  • Community Storage Space

About This Home

As of October 2023

1664 Stevens St fourplex has an attractive in place cap rate of 7.05%. 1656 Stevens St fourplex next door listed and owned by the same owner can also be acquired. All units are 2-bed/1-bath floor plans that are 799 square feet each. In addition to the 4 apartment units, there are 4 storage rooms, an onsite laundry room, a courtyard, and 5 parking spaces. The owner has recently installed new roofs, painted the exterior with new two tone paint, and has semi-renovated the interiors of all units. The owner currently has a professional property management company managing the property, and current management will continue managing the property for the new buyer, if desired.

Last Agent to Sell the Property

Blake Leavitt

Keller Williams MarketPlace Brokerage Phone: (702) 809-8387 License #BS.0145665 Listed on: 09/25/2023

Keller Williams MarketPlace

Last Buyer's Agent

Phi To

eXp Realty License #S.0195901

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,257

Year Built

  • Built in 1983

Lot Details

  • 9,148 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,196 Sq Ft Home
  • 2-Story Property
  • Storage
  • Laundry Room
  • Tile Flooring

Kitchen

  • Oven
  • Range

Parking

  • 5 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Melchionne Park Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,257

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • CapRate: 7.05
  • Subdivision Name: Melchionne Park
  • Directions: From Owens and Pecos, go East on Owens, L on Stevens, property is on the Right.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Attribution Contact: (702) 809-8387
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Tile
  • Interior Amenities: Storage
  • Living Area: 3196.0

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Storage
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 9148.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1257.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Oct 24, 2023
Sold by
Rns Ii Llc
Bought by
Vander Koolj Goldie
Seller's Agent
Blake Leavitt
Keller Williams MarketPlace
Buyer's Agent
Phi To
eXp Realty
List Price
$699,999
Sold Price
$635,000
Premium/Discount to List
-$64,999
-9.29%
Total Days on Market
30
Views
6
Current Estimated Value
$653,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,235
Avg. Annual Appreciation
1.77%
Original Mortgage
$449,250
Outstanding Balance
$442,911
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$210,324

Purchase Details

Listed on
Sep 25, 2023
Closed on
Oct 20, 2023
Sold by
Vander Kooij Jan Hbf
Bought by
Vander Kooij Goldie
Seller's Agent
Blake Leavitt
Keller Williams MarketPlace
Buyer's Agent
Phi To
eXp Realty
List Price
$699,999
Sold Price
$635,000
Premium/Discount to List
-$64,999
-9.29%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,250
Outstanding Balance
$442,911
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$210,324

Purchase Details

Listed on
Sep 25, 2021
Closed on
Nov 5, 2021
Sold by
Haro Aul
Bought by
Russo Peter Konstantino and Sandhu Dhillon Singh
Seller's Agent
Carmen Abraham
Barrett & Co, Inc
Buyer's Agent
Byron Kacheris
eXp Realty
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.18%
Original Mortgage
$345,000
Interest Rate
2.99%
Mortgage Type
New Conventional
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
Vander Koolj Goldie $635,000 Security 1St Title
Rns Ii Llc -- Security 1St Title
Vander Kooij Goldie -- Security 1St Title
Russo Peter Konstantino $460,000 Lawyers Title Las Vegas
Haro Saul -- Lawyers Title Las Vegas
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vander Koolj Goldie $449,250
Previous Owner Russo Peter Konstantino $345,000
Previous Owner Haro Saul $123,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $635,000 -9.3% $199 / Sq Ft
09/25/2023 09/25/23 For Sale $699,999 +52.2% $219 / Sq Ft
11/22/2021 11/22/21 Sold $460,000 +2.2% $144 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $450,000 -- $141 / 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 $1,357 $89,728 $43,750 $45,978
2024 $1,257 $89,728 $43,750 $45,978
2023 $1,257 $86,603 $43,050 $43,553
2022 $1,165 $76,996 $35,000 $41,996
2021 $1,079 $70,188 $29,750 $40,438
2020 $999 $68,752 $27,650 $41,102
2019 $936 $65,046 $23,800 $41,246
2018 $893 $55,645 $15,400 $40,245
2017 $1,605 $54,740 $14,000 $40,740
2016 $837 $43,176 $10,500 $32,676
2015 $937 $39,009 $7,000 $32,009
2014 $911 $48,821 $7,000 $41,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2529988

Las Vegas REALTORS®

APN: 140-19-411-004