NOT LISTED FOR SALE

Estimated Value: $200,000 - $408,001

3 Beds
2 Baths
1,040 Sq Ft
$279/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $390,000 $375 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $1,576/month

12 Days on Market

Highlights

  • RV Parking in Community
  • Private Yard
  • Patio
  • Wood Flooring
  • No HOA
  • Central Heating and Cooling System

About This Home

As of March 2022

~~~WOW~~~ FULLY RENOVATED Beauty generating $2,400 MONTHLY INCOME!!! ALMOST $29,000 Yearly Income!!! NO BRAINER CAP RATES near 8%!!! Amazing opportunity to OWN & PAY YOUR MORTGAGE w/RENTAL INCOME!! ENTIRELY NEW High SEER Central HVAC Systems including Ductwork, Venting and Thermostats, Completely New Roof and Plywood, New Stucco, Paint and Windows, New Kitchen Cabinets, Quartz
Counters & Modern Backsplash, New Stainless Appliances, Custom Showers w/ Floor to Ceiling Tile & Pebble Floors, Electrical & Plumbing Work, New Waterproof Flooring, New Baseboards, New Blinds & LED Lighting Throughout, New Insulation, Landscape Rock and Weed Barrier, NO EXPENSE SPARED!!!! TONS of Parking for RV or Toys for BOTH properties, No HOA, Dirt Cheap Taxes, Great Location to Work Downtown or the Strip! Each Unit has its own laundry room, private patio and fully fenced yard! Take a Step Into Financial Freedom!! Make your offer today!

Last Agent to Sell the Property

Shawn Hong

Realty ONE Group, Inc License #S.0175449 Listed on: 02/25/2022

Realty ONE Group, Inc

Last Buyer's Agent

William Schlaf

Signature Real Estate Group License #S.0174418

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $334

Year Built

  • Built in 1936

Lot Details

  • 7,841 Sq Ft Lot
  • Private Yard
  • Property is in excellent condition

Home Design

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

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Williams Add Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Tenant pays for electricity, sewer, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$334

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • CapRate: 8.0
  • Subdivision Name: Williams Add
  • Directions: From I-15 Exit Lake Mead East, Right on Hoover, Property on the Corner on the Right.
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: RESALE
  • Year Built: 1936
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1936

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Exhaust Fan, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1040.0
  • Window Features: Blinds

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Stucco, Wood Frame
  • Exterior Features: Private Yard
  • Patio And Porch Features: Patio
  • Property Condition: Excellent, Resale
  • Roof: Composition, Shingle

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: RV Parking
  • Association: No

Lot Info

  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 334.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Jun 24, 2021
Sold by
Windsor Asset Group Llc
Bought by
Mr Hong Enterprises Llc
Seller's Agent
Jamie Griffin
Griffin Group Realty
Buyer's Agent
Shawn Hong
Realty ONE Group, Inc
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Total Days on Market
12
Current Estimated Value
$290,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,250
Avg. Annual Appreciation
16.35%
Original Mortgage
$180,000
Outstanding Balance
$165,082
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$133,606

Purchase Details

Closed on
Feb 9, 2010
Sold by
Hannah Carole B
Bought by
Hoover Street Wag Trust

Purchase Details

Closed on
Apr 12, 2002
Sold by
Hannah Dee Harold
Bought by
Hannah Carole
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
Mr Hong Enterprises Llc $165,000 Ort Co Of Nevada
Hoover Street Wag Trust $22,800 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mr Hong Enterprises Llc $180,000
Previous Owner Hannah Carole B $150,000
Previous Owner Hannah Carole $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $390,000 +8.4% $375 / Sq Ft
02/25/2022 02/25/22 For Sale $359,888 +118.1% $346 / Sq Ft
07/01/2021 07/01/21 Sold $165,000 -5.7% $159 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $175,000 -- $168 / 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 $420 $33,285 $19,250 $14,035
2024 $390 $33,285 $19,250 $14,035
2023 $390 $33,637 $21,000 $12,637
2022 $361 $28,810 $17,500 $11,310
2021 $334 $24,550 $14,000 $10,550
2020 $333 $24,265 $14,000 $10,265
2019 $318 $20,374 $10,500 $9,874
2018 $307 $16,261 $7,000 $9,261
2017 $484 $14,420 $5,250 $9,170
2016 $289 $13,181 $4,200 $8,981
2015 $287 $11,860 $4,200 $7,660
2014 $278 $10,895 $4,200 $6,695
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2373771

Las Vegas REALTORS®

APN: 139-23-311-091