NOT LISTED FOR SALE

1801 Ringe Ln Las Vegas, NV 89156

Estimated Value: $502,119 - $671,000

8 Beds
8 Baths
4,096 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $135,000 $33 Per Sq Ft

Est. 358% increase in value since last sale

Current estimated payment $3,390/month

31 Days on Market

Highlights

  • Balcony
  • Central Heating and Cooling System
  • Carpet

About This Home

As of June 2012

Great cashfow opportunity for an owner occupant or investor. Recently updated with paint and flooring. Three great tenants already in place. Do not miss this opportunity!!!

Last Agent to Sell the Property

Jeff Morgan

Red Rock Real Estate And Inves License #B.1001162 Listed on: 03/31/2012

Last Buyer's Agent

Carlos Vega

Vegas Properties LLC License #BS.0041845

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $854

Year Built

  • Built in 1962

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in average condition

Home Design

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

Interior Spaces

  • 4,096 Sq Ft Home
  • 2-Story Property
  • Carpet

Kitchen

  • Oven
  • Range

Parking

  • 8 Parking Spaces
  • Paved Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Lot 4

Community Details

Overview

  • 2 Units
  • Chaparral Heights Subdivision

Building Details

  • Maintenance Expense $500
  • Professional Management Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$854

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • CapRate: 17.27
  • Professional Management Expense: 2400.0
  • Subdivision Name: CHAPARRAL HEIGHTS
  • Directions: from lake mead and nellis: east on Lake mead, right on Ringe (1st street) to property on the right
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1962

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range
  • Flooring: Carpet, Other

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 500.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24840.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 500.0
  • Annual Operating Expense: 2400.0

Tax Info

  • Tax Annual Amount: 854.0
  • Tax Block: 0
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2012
Closed on
May 29, 2012
Sold by
Duarte Maria Del Rosar Araujo
Bought by
Nevarez Maldonado Jose L
Seller's Agent
Jeff Morgan
Red Rock Real Estate And Inves
Buyer's Agent
Carlos Vega
Vegas Properties LLC
List Price
$129,900
Sold Price
$135,000
Premium/Discount to List
$5,100
3.93%
Current Estimated Value
$618,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,530
Avg. Annual Appreciation
12.07%
Original Mortgage
$132,554
Outstanding Balance
$91,711
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$526,819

Purchase Details

Listed on
Mar 31, 2012
Closed on
May 2, 2012
Sold by
Pacific Woods Rentals Llc
Bought by
Nevarez Maldonado Jose L
Seller's Agent
Jeff Morgan
Red Rock Real Estate And Inves
Buyer's Agent
Carlos Vega
Vegas Properties LLC
List Price
$129,900
Sold Price
$135,000
Premium/Discount to List
$5,100
3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,554
Outstanding Balance
$91,711
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$526,819

Purchase Details

Closed on
Apr 3, 2008
Sold by
Acevedo Enrique
Bought by
Pacific Woods Rentals Llc

Purchase Details

Closed on
Aug 6, 1996
Sold by
Skillman Everett L and Skillman Shelley K
Bought by
Acevedo Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
8.18%

Purchase Details

Closed on
Mar 22, 1994
Sold by
Griggs Donald and Padilla Mary
Bought by
Skillman Everett L and Skillman Shelley K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.15%
Mortgage Type
Seller Take Back
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
Nevarez Maldonado Jose L -- Nevada Title Las Vegas
Nevarez Maldonado Jose L $135,000 Nevada Title Las Vegas
Pacific Woods Rentals Llc $244,386 Accommodation
Acevedo Enrique $165,000 Old Republic Title Company
Skillman Everett L $155,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nevarez Maldonado Jose L $132,554
Previous Owner Acevedo Enrique $148,500
Previous Owner Skillman Everett L $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2012 06/01/12 Sold $135,000 +3.9% $33 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
03/31/2012 03/31/12 For Sale $129,900 -- $32 / 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 $1,179 $82,662 $43,750 $38,912
2024 $1,092 $82,662 $43,750 $38,912
2023 $1,092 $77,736 $43,750 $33,986
2022 $1,012 $66,597 $35,000 $31,597
2021 $937 $59,132 $29,750 $29,382
2020 $867 $56,737 $28,000 $28,737
2019 $813 $52,436 $24,500 $27,936
2018 $776 $42,559 $16,100 $26,459
2017 $1,212 $41,336 $15,400 $25,936
2016 $727 $38,081 $12,600 $25,481
2015 $725 $31,560 $7,000 $24,560
2014 $702 $30,917 $7,000 $23,917
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeff Morgan

    Red Rock Real Estate And Inves

    6 Total Sales

    Jeff Morgan
    Section Image

  • C

    Buyer's Agent in 2012

    Carlos Vega

    Vegas Properties LLC

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1239001

Las Vegas REALTORS®

APN: 140-21-304-017

Nevada Clark County Las Vegas 89156

1801 Ringe Ln, Las Vegas, NV

This home is located at 1801 Ringe Ln, Las Vegas, NV 89156 since 31 March 2012 and is currently estimated at $618,530, approximately $151 per square foot. This property was built in 1962. 1801 Ringe Ln is a home located in Clark County with nearby schools including Mountain View Elementary School, Dr. William H. Bailey Middle School, and Sunrise Mountain High School.

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