$182,000
SOLD FEB 26, 2016

1672 Stevens St Las Vegas, NV 89115

-- Bed
-- Bath
3,196 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

73 Days on Market

About This Home

As of May 2019

GREAT INVESTMENT PROPERTY.

Last Agent to Sell the Property

zorik arakelyan

IHOME Realty LLC License #B.0143249 Listed on: 11/14/2015

Last Buyer's Agent

zorik arakelyan

IHOME Realty LLC License #B.0143249 Listed on: 11/14/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $847

Year Built

  • Built in 1983

Lot Details

  • 8,712 Sq Ft Lot
  • Property is in good condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,196 Sq Ft Home
  • 2-Story Property
  • Blinds

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 9 / 1

Community Details

Overview

  • Melchionne Park Subdivision

Building Details

  • Maintenance Expense $350
  • Professional Management Expense $175

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$847

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • CapRate: 8.81
  • Professional Management Expense: 175.0
  • Subdivision Name: MELCHIONNE PARK
  • Directions: EAST ON OWENS FROM PECOS, NORTH ON STEVENS, PROPERTY WILL BE ON YOUR RIGHT.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Number Of Buildings: 1
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3196.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 150.0

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 21600.0
  • Insurance Expense: 140.0
  • Maintenance Expense: 350.0
  • Annual Operating Expense: 5571.0

Tax Info

  • Tax Annual Amount: 847.0
  • Tax Block: 1
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
May 18, 2019
Sold by
Galfayan Zorak
Bought by
Bacarella Dawn L
Seller's Agent
zorik arakelyan
IHOME Realty LLC
Buyer's Agent
Alan Dolce
Realty ONE Group, Inc
List Price
$329,000
Sold Price
$310,000
Premium/Discount to List
-$19,000
-5.78%
Current Estimated Value
$646,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,680
Avg. Annual Appreciation
11.84%
Original Mortgage
$248,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2015
Closed on
Feb 25, 2016
Sold by
Daramjav Enkhdalai and Chimed Narantuya
Bought by
Galfayan Zorak
Seller's Agent
zorik arakelyan
IHOME Realty LLC
Buyer's Agent
zorik arakelyan
IHOME Realty LLC
List Price
$182,000
Sold Price
$182,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.93%
Original Mortgage
$127,400
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2015
Closed on
Feb 24, 2016
Sold by
Aghajanyan Naira
Bought by
Galfayan Zorak
Seller's Agent
zorik arakelyan
IHOME Realty LLC
Buyer's Agent
zorik arakelyan
IHOME Realty LLC
List Price
$182,000
Sold Price
$182,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2015
Closed on
Jan 19, 2016
Sold by
Byambaa Dechinravdan
Bought by
Damdindorj Baatar
Seller's Agent
zorik arakelyan
IHOME Realty LLC
Buyer's Agent
zorik arakelyan
IHOME Realty LLC
List Price
$182,000
Sold Price
$182,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2015
Sold by
Deramjav Enkhalai and Chimed Narantuya
Bought by
Daramjav Enkalai and Chimed Narantuya

Purchase Details

Listed on
Sep 9, 2014
Closed on
Dec 22, 2014
Sold by
Daramjav Enkhdalai and Chimed Narantuya
Bought by
Daramjav Enkhdalai and Chimed Narantuya
Seller's Agent
John Knowlton
West Capital Real Estate & Inv
Buyer's Agent
zorik arakelyan
IHOME Realty LLC
List Price
$169,900
Sold Price
$167,000
Premium/Discount to List
-$2,900
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%
Original Mortgage
$125,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2014
Closed on
Dec 3, 2014
Sold by
Harrys Lv 4 Plexes Llc
Bought by
Daramjav Enkhadalai and Chimed Narantuya
Seller's Agent
John Knowlton
West Capital Real Estate & Inv
Buyer's Agent
zorik arakelyan
IHOME Realty LLC
List Price
$169,900
Sold Price
$167,000
Premium/Discount to List
-$2,900
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2012
Sold by
Mcgrory Jack
Bought by
Series C Of Harrys Lv 4 Plexes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 11, 2012
Sold by
Castaneda Maria and Castaneda Librado
Bought by
Mcgrory Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 28, 2003
Sold by
Aguirre Claudia
Bought by
Castaneda Librado and Castaneda Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
5.93%

Purchase Details

Closed on
Jul 25, 1998
Sold by
Aguirre Claudia and Gomez Eusebio
Bought by
Aguirre Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,244
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 1998
Sold by
Largo Robert A
Bought by
Aguirre Claudia and Gomez Eusebio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,244
Interest Rate
7.13%
Mortgage Type
FHA
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 Type Sale Price Title Company
Bargain Sale Deed $310,000 Roc Title
Bargain Sale Deed $182,000 Noble Title
Interfamily Deed Transfer -- Noble Title
Interfamily Deed Transfer -- Noble Title
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $167,000 None Available
Bargain Sale Deed $167,000 Wfg National Title Co
Bargain Sale Deed $75,000 None Available
Bargain Sale Deed $75,000 Fidelity National Title Las
Bargain Sale Deed $225,000 Fidelity National Title
Interfamily Deed Transfer -- --
Bargain Sale Deed $160,000 Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Closed $251,100 New Conventional
Closed $248,000 New Conventional
Previous Owner $127,400 New Conventional
Previous Owner $125,250 New Conventional
Previous Owner $75,000 Unknown
Previous Owner $315,000 Negative Amortization
Previous Owner $302,400 Fannie Mae Freddie Mac
Previous Owner $213,750 No Value Available
Previous Owner $154,244 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2019 05/21/19 Sold $310,000 -5.8% $97 / Sq Ft
04/21/2019 04/21/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $329,000 +80.8% $103 / Sq Ft
02/26/2016 02/26/16 Sold $182,000 0.0% $57 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
11/14/2015 11/14/15 For Sale $182,000 +9.0% $57 / Sq Ft
12/16/2014 12/16/14 Sold $167,000 -1.7% $52 / Sq Ft
11/16/2014 11/16/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $169,900 -- $53 / 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 $1,144 $89,828 $43,750 $46,078
2024 $1,111 $89,828 $43,750 $46,078
2023 $1,111 $86,697 $43,050 $43,647
2022 $1,182 $77,085 $35,000 $42,085
2021 $1,095 $70,273 $29,750 $40,523
2020 $1,014 $68,839 $27,650 $41,189
2019 $950 $65,132 $23,800 $41,332
2018 $907 $55,730 $15,400 $40,330
2017 $1,608 $54,828 $14,000 $40,828
2016 $850 $43,245 $10,500 $32,745
2015 $847 $39,076 $7,000 $32,076
2014 $821 $33,250 $7,000 $26,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1588604

Las Vegas REALTORS®

APN: 140-19-411-003