$521,000
SOLD JAN 11, 2022
-- Bed
-- Bath
3,720 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$140 Per Sq Ft

2% Above List Price

38 Days on Market

About This Home

As of January 2022

Excellent 4 Unit in a great neighborhood. 2 units are 2 bed/ 1 bath and 2 units are 2 bed/ 1.5 baths. Unit D, (2 bed/ 1 bath unit) just remodeled and rented for $1,000 per month on a 1 year lease. Other units are under market rents, and are Month to Month. 5.9% cap rate. Showings based on accepted offer. Building has the potential to make $4200 per month! Which would be a 9.9% Cap Rate! Roof in excellent condition. On site coin laundry machines. Very well managed and maintained by owner. Won't last!

Last Agent to Sell the Property

Joe Cervantes

Signature Real Estate Group License #S.0179146 Listed on: 11/03/2021

Last Buyer's Agent

Joe Morata

Solid Rock Properties License #B.0014483

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,399

Year Built

  • Built in 1978

Lot Details

  • 9,583 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Quadruplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,720 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Wildwood Manor Subdivision

Listing and Financial Details

  • Tenant pays for electricity

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: 0.22
  • Subdivision Name: Wildwood Manor
  • Directions: From 95 and Decatur. North on Decatur to Vegas. East on Vegas to Cordoba. North on Cordoba and building is on the right.
  • 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
  • Flooring: Resilient
  • Interior Amenities: None
  • Living Area: 3720.0

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Amenities: None
  • Association Fee: 280.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2399.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Vasquez Albert Ray
Bought by
Rosay Living Trust
Current Estimated Value
$671,743

Purchase Details

Listed on
Nov 3, 2021
Closed on
Jan 10, 2022
Sold by
Hendertucky Properties Llc
Bought by
Vasquez Albert Ray
Seller's Agent
Joe Cervantes
Signature Real Estate Group
Buyer's Agent
Joe Morata
Solid Rock Properties
List Price
$509,000
Sold Price
$521,000
Premium/Discount to List
$12,000
2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$511,563
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2017
Sold by
Garofalo Donald R
Bought by
Garofalo Danold R and Garofalo Elia M

Purchase Details

Closed on
Jun 12, 2017
Sold by
Garofalo Donald R and Garofalo Elia M
Bought by
Hendertucky Property Llc

Purchase Details

Listed on
May 17, 2016
Closed on
Jul 20, 2016
Sold by
Garofdalo Ellia
Bought by
Garafalo Donald R
Seller's Agent
Pauline Aguilera
Platinum Real Estate Prof
Buyer's Agent
Richard Bustos
Vegas One Realty
List Price
$250,000
Sold Price
$217,000
Premium/Discount to List
-$33,000
-13.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.08%
Original Mortgage
$162,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2015
Sold by
Liu Joseph and Jaw Yu Ying
Bought by
The Liu Jaw Living Trust

Purchase Details

Listed on
Jul 14, 2015
Closed on
Sep 8, 2015
Sold by
Tourtive I Llc
Bought by
Liu Joseph
Seller's Agent
Billy Alt
Real Broker LLC
Buyer's Agent
Pauline Aguilera
Platinum Real Estate Prof
List Price
$195,000
Sold Price
$215,000
Premium/Discount to List
$20,000
10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$161,250
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2012
Sold by
Osborn Charles and Osborn Julie
Bought by
Tourtive I Llc

Purchase Details

Closed on
Jun 17, 2011
Sold by
Pacific Woods Rentals Llc
Bought by
Osborn Charles and Osborn Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2008
Sold by
Limos Rogelio B and Limos Maria Christina D
Bought by
Pacific Woods Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 2005
Sold by
Ruiz Daniel
Bought by
Limos Rogelio B and Limos Maria Christina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 24, 2000
Sold by
Gomez Juan Palacio and Segura Maria L
Bought by
Ruiz Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,455
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 1996
Sold by
California Federal Bank Fsb
Bought by
Gomez Juan Palacios and Segura Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,256
Interest Rate
8.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 1996
Sold by
Harris Benjamin
Bought by
California Federal Bank and California Fsla
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
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed $521,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Bargain Sale Deed -- None Available
Interfamily Deed Transfer -- Nevada Title Co
Bargain Sale Deed $217,000 Nevada Title Las Vegas
Interfamily Deed Transfer -- None Available
Deed $215,000 First American Title Insurance
Bargain Sale Deed -- None Available
Bargain Sale Deed $140,000 Nevada Title Las Vegas
Trustee Deed $277,670 Accommodation
Bargain Sale Deed $425,000 Lawyers Title Of Nevada
Bargain Sale Deed $189,000 Land Title
Grant Deed $154,000 Stewart Title
Trustee Deed -- Nevada Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $511,563 FHA
Previous Owner $162,750 New Conventional
Previous Owner $161,250 New Conventional
Previous Owner $105,000 New Conventional
Previous Owner $0 Unknown
Previous Owner $427,550 Stand Alone First
Previous Owner $382,500 Fannie Mae Freddie Mac
Previous Owner $189,000 Unknown
Previous Owner $187,455 FHA
Previous Owner $150,256 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2022 01/11/22 Sold $521,000 +2.4% $140 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $509,000 +134.6% $137 / Sq Ft
07/22/2016 07/22/16 Sold $217,000 -13.2% $58 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $250,000 +16.3% $67 / Sq Ft
09/09/2015 09/09/15 Sold $215,000 +10.3% $58 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
07/14/2015 07/14/15 For Sale $195,000 -- $52 / 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 $2,990 $94,301 $48,650 $45,651
2024 $2,798 $94,301 $48,650 $45,651
2023 $2,798 $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: 2346377

Las Vegas REALTORS®

APN: 139-19-410-027