NOT LISTED FOR SALE

1871 Cosmic Dr Las Vegas, NV 89115

Estimated Value: $497,228 - $653,000

8 Beds
4 Baths
3,212 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $208,000 $65 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $4,024/month

28 Days on Market

Highlights

  • Community Pool
  • Community Playground
  • Property is in very good condition
  • Patio
  • Central Heating and Cooling System
  • Carpet

About This Home

As of March 2017

AWESOME INVESTMENT OPPORTUNITY. GREAT 4 PLEX BUILDING. Each unit is 2 bdrm/1 bath with all appliances including washer & dryer. Conveniently located to schools, bus lines, freeways, shopping, entertainment & employment. Located in highly desireable community. Community features pool, spa, and playground.

Last Agent to Sell the Property

Constantin Ene

Ameropan Realty and Property License #B.1002107 Listed on: 02/09/2017

Last Buyer's Agent

Jonathan Wells

King Realty Group License #S.0167589

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 1987

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $600 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Carpet

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • Association fees include common areas, ground maintenance, recreation facilities, security, taxes, trash
  • 4 Units
  • Lake Mead Villas Unit 1 Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,315

Year Built

Built in 1987

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Professional Management Expense: 2400.0
  • Subdivision Name: LAKE MEAD VILLAS UNIT 1
  • Directions: From Lamb & Lake Mead, North on Lamb, Right on Dwarf Star, Right on Orbit, Left on Cosmic to building 48.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Other
  • Window Features: Blinds

Exterior Features

  • Construction Type: Wood Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale, Very Good Condition
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1200.0

Condo/Co-op/Association

  • Amenities: Playground, Pool, Spa/Hot Tub
  • Association Fee: 600.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Recreation Facilities, Security, Taxes, Trash

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 31752.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 2500.0
  • Annual Operating Expense: 9235.0

Tax Info

  • Tax Annual Amount: 1315.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2017
Closed on
Mar 9, 2017
Sold by
Winters Gayn B
Bought by
Morton Christopher Gavin and Morton Cynthia J
Seller's Agent
Constantin Ene
Ameropan Realty and Property
Buyer's Agent
Jonathan Wells
King Realty Group
List Price
$208,000
Sold Price
$208,000
Current Estimated Value
$599,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,307
Avg. Annual Appreciation
13.03%

Purchase Details

Closed on
Dec 17, 2013
Sold by
Merrell Gene Alan
Bought by
Barbara M Winters Living Trust
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
Morton Christopher Gavin $208,000 Chicago Title Of Nevada
Barbara M Winters Living Trust $165,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $208,000 0.0% $65 / Sq Ft
02/09/2017 02/09/17 For Sale $208,000 -- $65 / 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 $1,976 $98,092 $42,350 $55,742
2024 $1,976 $98,092 $42,350 $55,742
2023 $1,976 $92,909 $40,600 $52,309
2022 $1,830 $83,290 $33,250 $50,040
2021 $1,694 $75,971 $28,000 $47,971
2020 $1,570 $73,688 $25,200 $48,488
2019 $1,472 $71,244 $22,750 $48,494
2018 $1,404 $63,957 $16,800 $47,157
2017 $1,820 $61,091 $14,525 $46,566
2016 $1,315 $60,846 $12,600 $48,246
2015 $1,312 $58,930 $11,200 $47,730
2014 $1,271 $41,398 $7,000 $34,398
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Constantin Ene

    Ameropan Realty and Property

    (702) 250-6273

    3 in this area

    46 Total Sales

    Constantin Ene
    Section Image

  • J

    Buyer's Agent in 2017

    Jonathan Wells

    King Realty Group

    (702) 418-2408

    1 in this area

    33 Total Sales

    Jonathan Wells
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1869181

Las Vegas REALTORS®

APN: 140-19-712-008

Nevada Clark County Las Vegas 89115

1871 Cosmic Dr, Las Vegas, NV

This home is located at 1871 Cosmic Dr, Las Vegas, NV 89115 since 09 February 2017 and is currently estimated at $599,307, approximately $186 per square foot. This property was built in 1987. 1871 Cosmic Dr is a home located in Clark County with nearby schools including Manuel J. Cortez Elementary School, Mario C. & Joanne Monaco Middle School, and Desert Pines High School.

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