NOT LISTED FOR SALE

1901 Dwarf Star Dr Las Vegas, NV 89115

Estimated Value: $610,796 - $693,000

8 Beds
4 Baths
3,212 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $275,000 $86 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $4,169/month

1 Day on Market

Highlights

  • Community Pool
  • Laundry Room
  • Carpet
  • Community Playground
  • Central Heating and Cooling System

About This Home

As of November 2017

Great Investment property. Well kept HOA community. All units are full and very easy to lease. All units have indoor washer/dryer. Fireplace, refrigerator, stove, dishwasher. Playground and community pool

Last Agent to Sell the Property

Judy Campbell

Simply Vegas License #S.0013669 Listed on: 10/27/2017

Last Buyer's Agent

Mayte Miranda

Select Properties Group License #BS.0145917

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,275

Year Built

  • Built in 1986

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

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

Interior Spaces

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

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

Recreation

  • Community Playground
  • Community Pool

Building Details

  • Maintenance Expense $2,000
  • Professional Management Expense $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,275

Year Built

Built in 1986

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Professional Management Expense: 1.0
  • Subdivision Name: LAKE MEAD VILLAS UNIT 1
  • Directions: From Lamb and Lake Mead - west on Lake Mead; south on Dwarf Star in Cape Cod Condos
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1986

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Flooring: Carpet

Exterior Features

  • Construction Type: Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Paved

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1200.0

Condo/Co-op/Association

  • Amenities: Playground, Pool, Cable TV
  • Association Fee: 600.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Recreation Facilities, Taxes

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 20640.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 2000.0
  • Annual Operating Expense: 9000.0

Tax Info

  • Tax Annual Amount: 1275.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2023
Sold by
Monaldi Development Inc
Bought by
Monaldi Family Trust
Current Estimated Value
$637,699

Purchase Details

Listed on
Oct 27, 2017
Closed on
Nov 26, 2017
Sold by
Kelsch Robert J and Kelsch Ngoc B
Bought by
Monaldi Development Inc
Seller's Agent
Judy Campbell
Simply Vegas
Buyer's Agent
Mayte Miranda
Select Properties Group
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%

Purchase Details

Closed on
Dec 4, 2012
Sold by
Mattson Austin C
Bought by
Kelsch Robert and Kelsch Ngoc B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2011
Closed on
May 5, 2012
Sold by
Pace Linda
Bought by
Mattson Ii Austin C
Seller's Agent
Roslynn Phoenix-Myrick
Atlas Realty
Buyer's Agent
Admin Assistant
NON-MLS OFFICE
List Price
$125,000
Sold Price
$117,000
Premium/Discount to List
-$8,000
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.16%
Original Mortgage
$87,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2011
Closed on
May 1, 2012
Sold by
Torrano Gennaro and Torrano Filomena
Bought by
Mattson Ii Austin C
Seller's Agent
Roslynn Phoenix-Myrick
Atlas Realty
Buyer's Agent
Admin Assistant
NON-MLS OFFICE
List Price
$125,000
Sold Price
$117,000
Premium/Discount to List
-$8,000
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2006
Sold by
Campbell George P and Campbell Triesha L
Bought by
Torrano Gennaro and Torrano Filomena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 16, 2005
Sold by
Secure Investments Llc
Bought by
Campbell George P and Campbell Triesha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 12, 2001
Sold by
Follico Ernest S and Follico Gloria E
Bought by
Secure Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.15%
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
Monaldi Family Trust -- None Listed On Document
Monaldi Development Inc $275,000 Chicago Title Las Vegas
Kelsch Robert $160,000 Lawyers Title Of Nevada Cha
Mattson Ii Austin C -- Fidelity National Title Las
Mattson Ii Austin C $117,000 Fidelity National Title Las
Torrano Gennaro $455,000 Ticor Title Of Nevada Inc
Campbell George P $385,000 Ticor Title Of Nevada Inc
Secure Investments Llc $190,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelsch Robert $116,250
Previous Owner Mattson Ii Austin C $87,750
Previous Owner Torrano Gennaro $360,000
Previous Owner Campbell George P $269,500
Previous Owner Secure Investments Llc $143,500
Previous Owner Secure Investments Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2017 11/27/17 Sold $275,000 0.0% $86 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $275,000 +135.0% $86 / Sq Ft
05/11/2012 05/11/12 Sold $117,000 -6.4% $36 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
06/01/2011 06/01/11 For Sale $125,000 -- $39 / 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 $2,068 $96,187 $42,350 $53,837
2024 $1,915 $96,187 $42,350 $53,837
2023 $1,915 $91,238 $40,600 $50,638
2022 $1,774 $81,741 $33,250 $48,491
2021 $1,643 $74,532 $28,000 $46,532
2020 $1,522 $72,276 $25,200 $47,076
2019 $1,427 $69,873 $22,750 $47,123
2018 $1,361 $62,662 $16,800 $45,862
2017 $1,783 $59,821 $14,525 $45,296
2016 $1,275 $59,598 $12,600 $46,998
2015 $1,272 $57,726 $11,200 $46,526
2014 $1,233 $40,552 $7,000 $33,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1943003

Las Vegas REALTORS®

APN: 140-19-712-020