NOT LISTED FOR SALE

Estimated Value: $636,000 - $789,000

8 Beds
8 Baths
4,052 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2018

Last sale price $412,000 $102 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,025 / mo

30 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Storage
  • Community Pool
  • Patio
  • Programmable Thermostat

About This Home

As of March 2018

IT IS FINALLY HERE! Arguably one of the most sought after areas for MULTI DWELLINGS! NO HOA.. 8 parking spots, all units have private patios and balconies/backyards. Pool is shared with neighboring 4-plex (empty ATM). Each unit is rented and has been occupied for over a year. Month to month leases! CHECK OUT THE INTERIOR PICTURES! This will not last long... make this YOUR investment property with over 7% cap rate-- WOW!

Last Agent to Sell the Property

Michael Rich

Home365 Las Vegas License #S.0176482 Listed on: 01/13/2018

Last Buyer's Agent

Andrea Madsen

Desert Elegance License #S.0182703

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 1973

Lot Details

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

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,052 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Storage

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating
  • Heating System Uses Gas
  • Programmable Thermostat

Community Details

Overview

  • Longacres Park Tract #1 Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,685

Year Built

Built in 1973

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Subdivision Name: LONGACRES PARK TRACT #1
  • Directions: From Maryland and Harmon, Head East on Harmon, straight down Harmon Avenue and property is on the right hand side (last property before Spencer St.)
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1973
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1973

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Storage, Programmable Thermostat
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Patio And Porch Features: Balcony, Patio
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Assigned, Paved

Utilities

  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Pool

Lot Info

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

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1685.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2018
Closed on
Mar 8, 2018
Sold by
Pesich Mike
Bought by
Mezouari Hamid Semy
Seller's Agent
Michael Rich
Home365 Las Vegas
Buyer's Agent
Andrea Madsen
Desert Elegance
List Price
$400,000
Sold Price
$412,000
Premium/Discount to List
$12,000
3%
Current Estimated Value
$706,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,025
Avg. Annual Appreciation
6.93%
Original Mortgage
$280,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2007
Sold by
Pesich Mike
Bought by
The Mike Pesich Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2007
Sold by
Pesich Mike and Pesich Silvina
Bought by
Pesich Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2007
Sold by
Kostic Cloudia and Pesic Christian
Bought by
Pesich Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2006
Sold by
Pesich Mike
Bought by
Pesich Mike and Pesich Silvina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mezouari Hamid Semy $412,000 Chicago Title Las Vegas
The Mike Pesich Revocable Living Trust -- None Available
Pesich Mike -- First Amer Title Co Of Nv
Pesich Mike -- None Available
Pesich Mike -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mezouari Hamid Semy $280,000
Previous Owner Pesich Mike $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $412,000 +3.0% $102 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
01/13/2018 01/13/18 For Sale $400,000 -- $99 / Sq Ft
Source: Las Vegas REALTORS®

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
2026 $2,681 $96,269 $46,200 $50,069
2025 $2,482 $95,207 $46,200 $49,007
2024 $2,299 $95,207 $46,200 $49,007
2023 $2,299 $88,989 $44,800 $44,189
2022 $2,129 $76,229 $32,900 $43,329
2021 $1,971 $67,117 $24,500 $42,617
2020 $1,901 $64,822 $21,000 $43,822
2019 $1,800 $64,414 $19,600 $44,814
2018 $1,718 $58,570 $14,000 $44,570
2017 $2,085 $71,106 $25,550 $45,556
2016 $1,685 $66,759 $18,200 $48,559
2015 $1,681 $66,200 $17,500 $48,700
2014 $1,629 $53,899 $17,500 $36,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1959107

Las Vegas REALTORS®

APN: 162-23-310-026

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