NOT LISTED FOR SALE

Estimated Value: $561,400 - $848,000

8 Beds
8 Baths
4,072 Sq Ft
$181/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $250,001 $61 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $4,028/month

14 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Balcony

About This Home

As of March 2014

Traditional Sale! Four 2 Bedroom 2 Bath Income Producing Units...Each 1018 sf Unit Has It's Own Fireplace...6 Assigned Parking Spaces... Appliances Included...Turnkey with Good Tenants Within. All financials are estimates/Approximate. Buyers and Buyers Agent to verify all information

Last Agent to Sell the Property

Linda Strasberg

United Real Estate License #S.0048394 Listed on: 03/06/2014

Last Buyer's Agent

George Anderson

Addicted Realty LLC License #B.1001398

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,465

Year Built

  • Built in 1988

Lot Details

  • 7,841 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,072 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Range

Parking

  • 6 Parking Spaces
  • Paved Parking

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 1 / 1

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sierra Oeste Subdivision

Building Details

  • Maintenance Expense $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,465

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • CapRate: 9.23
  • Subdivision Name: SIERRA OESTE
  • Directions: 95 North Exit Lake Mead Heading East Right On Lirio
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1988
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet
  • Living Area: 4072.0

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 720.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30591.0
  • Insurance Expense: 1700.0
  • Maintenance Expense: 2000.0
  • Annual Operating Expense: 7385.0

Tax Info

  • Tax Annual Amount: 2465.0
  • Tax Block: 1
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2016
Sold by
Skornick Donald and Skornick Amanda
Bought by
Skorniak Donald C and Skorniak Amanda
Current Estimated Value
$687,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Outstanding Balance
$166,731
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$506,492

Purchase Details

Closed on
Jan 6, 2016
Sold by
Bob And Mary Llc
Bought by
Skorniak Donald and Skorniak Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,211,600
Interest Rate
3.81%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 6, 2014
Closed on
Mar 18, 2014
Sold by
Kalili Llc
Bought by
Bob & Mary Llc
Seller's Agent
Linda Strasberg
United Real Estate
Buyer's Agent
George Anderson
Addicted Realty LLC
List Price
$252,000
Sold Price
$250,001
Premium/Discount to List
-$1,999
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
Feb 11, 2004
Sold by
Turco John M and Turco Carrie A
Bought by
Kalili Llc

Purchase Details

Closed on
Mar 24, 2003
Sold by
Kalili Llc
Bought by
Turco John M and Turco Carrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
5.79%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Turco John Million
Bought by
Kalili Llc

Purchase Details

Closed on
Jan 4, 2000
Sold by
Turco Carrie A
Bought by
Turco John Million

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
8.06%
Source: Public Records

Range of Values:

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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
Skorniak Donald C -- National Title Co
Skorniak Donald $229,829 National Title Company
Bob & Mary Llc $250,001 Driggs Title Agency Inc
Kalili Llc -- --
Kalili Llc -- --
Turco John M $220,000 United Title Of Nevada
Kalili Llc -- --
Turco John Million $220,000 Old Republic Title Company
Turco John Million $220,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skorniak Donald C $203,000
Closed Skorniak Donald $1,211,600
Previous Owner Turco John M $205,600
Previous Owner Turco John Million $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2014 03/21/14 Sold $250,001 -0.8% $61 / Sq Ft
03/06/2014 03/06/14 For Sale $252,000 -- $62 / 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 $3,146 $128,359 $54,950 $73,409
2024 $2,913 $128,359 $54,950 $73,409
2023 $2,913 $116,125 $47,600 $68,525
2022 $2,698 $107,518 $42,000 $65,518
2021 $2,498 $95,667 $32,900 $62,767
2020 $2,317 $93,925 $30,800 $63,125
2019 $2,171 $92,548 $29,400 $63,148
2018 $2,072 $88,117 $26,600 $61,517
2017 $2,632 $80,287 $18,375 $61,912
2016 $1,940 $71,037 $15,400 $55,637
2015 $1,935 $66,493 $14,000 $52,493
2014 $1,875 $55,502 $11,200 $44,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1426988

Las Vegas REALTORS®

APN: 138-23-710-001