NOT LISTED FOR SALE

Estimated Value: $587,000 - $778,000

8 Beds
5 Baths
3,720 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $525,000 $141 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,164/month

6 Days on Market

Highlights

  • Balcony
  • Tile Flooring
  • Ceiling Fan
  • Storage
  • Central Heating and Cooling System
  • 4-minute walk to Ed Fountain Park

About This Home

As of December 2021

This may be one of the best maintained multi-family properties you come across this year. Located just north of the Las Vegas Golf Club, this property features four 2-bedroom units, assigned parking, all new HVAC systems installed in 2014, new roof installed in 2019, Unit A & D remodeled in 2018 & 2019, and all new electrical panels installed in 2021. Additional upgrades and information available in the “Documents” tab of the listing. The property is conveniently located near public transportation and the I-95 and I-15 highways. Three units are currently on month-to-month leases, and one unit’s lease currently expires in July 2022.

Last Agent to Sell the Property

Jason Schielke

Keller Williams Realty Las Veg License #S.0169985 Listed on: 11/03/2021

Keller Williams Realty Las Veg

Last Buyer's Agent

Chelsi Ross

Keller Williams Realty Las Veg License #S.0180801

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,399

Year Built

  • Built in 1978

Lot Details

  • 10,019 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 3,720 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Storage

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • Association fees include management, ground maintenance, trash
  • 4 Units
  • Wildwood Manor Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,399

Year Built

Built in 1978

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Subdivision Name: Wildwood Manor
  • Directions: From the I-95 & Decatur; N on Decatur; E on Vegas; N on Cordoba to property.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1978
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Storage
  • Living Area: 3720.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Balcony
  • Property Condition: Resale, Very Good Condition
  • Roof: Flat

Garage/Parking

  • Parking Features: Assigned, Covered

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Laundry
  • Association Fee: 280.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Trash

Lot Info

  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2399.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 9, 2021
Sold by
Solorzano Perez L and Solorzano Martha E
Bought by
Abbasi Makan and Makan Mak Makoto Abbasi Living
Seller's Agent
Jason Schielke
Keller Williams Realty Las Veg
Buyer's Agent
Chelsi Ross
Keller Williams Realty Las Veg
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%
Current Estimated Value
$659,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,763
Avg. Annual Appreciation
5.88%
Original Mortgage
$393,750
Outstanding Balance
$365,973
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$279,022

Purchase Details

Closed on
Mar 16, 2012
Sold by
Perez Luis and Solorzano Martha
Bought by
Perez L and Solorzano Martha E

Purchase Details

Closed on
Sep 8, 2004
Sold by
Muneton Juventino
Bought by
Perez Luis and Solorzano Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.87%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Abbasi Makan $525,000 Lawyers Title Of Nevada
Perez L -- None Available
Perez Luis $400,000 Ticor Title Of Nevada Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbasi Makan $393,750
Previous Owner Perez L $272,290
Previous Owner Perez Luis $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $525,000 +5.0% $141 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $500,000 -- $134 / 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 $2,881 $94,301 $48,650 $45,651
2024 $2,798 $94,301 $48,650 $45,651
2023 $1,863 $93,097 $49,000 $44,097
2022 $2,591 $82,647 $39,900 $42,747
2021 $2,399 $76,474 $35,000 $41,474
2020 $2,225 $71,752 $29,400 $42,352
2019 $2,085 $69,714 $26,950 $42,764
2018 $1,989 $65,196 $23,100 $42,096
2017 $2,008 $61,262 $18,375 $42,887
2016 $1,863 $56,653 $16,100 $40,553
2015 $1,858 $55,358 $14,000 $41,358
2014 $1,816 $54,405 $9,800 $44,605
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2345658

Las Vegas REALTORS®

APN: 139-19-410-006