NOT LISTED FOR SALE

Estimated Value: $745,000 - $1,093,875

16 Beds
8 Baths
7,796 Sq Ft
$115/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $379,900 $49 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $5,187/month

100 Days on Market

Highlights

  • 0.37 Acre Lot
  • Ceramic Tile Flooring
  • Laundry Facilities
  • No HOA
  • Central Heating and Cooling System

About This Home

As of May 2013

FANTASTIC OPPORTUNITY! THIS 8-PLEX HAS A GREAT ROI WITH NONE OF THE INITIAL REHAB HEADACHES. THIS PROPERTY IS IN GREAT CONDITION WITH TASTEFUL FINISHES! JUST SOME OF THE FEATURES INCLUDE ALL NEW ASPHALT PARKING LOT, FRESH PAINT/EXTERIOR FINISH, 4 UNITS REMODELED, NEWLY LANDSCAPED OVERSIZED LOT AND DUAL PANE LIFETIME WARRANTY WINDOWS.

Last Agent to Sell the Property

Craig Tann

Huntington & Ellis, A Real Est License #B.0143698 Listed on: 01/04/2013

Last Buyer's Agent

Marisol Drake

Realty ONE Group, Inc License #S.0047879

Realty ONE Group, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,164

Year Built

  • Built in 1982

Lot Details

  • 0.37 Acre Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 7,796 Sq Ft Home
  • 2-Story Property
  • Blinds

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 4 / 1

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Sunrise Vista Subdivision

Additional Features

  • Laundry Facilities
  • Maintenance Expense $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,164

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • CapRate: 14.41
  • Subdivision Name: SUNRISE VISTA
  • Directions: WEST ON CHARLESTON FROM US-95, NORTH ON SHILOAH, WEST ON JOHNSON, SOUTH ON FOLD BAR TO PROPERTY.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1982

Interior Features

  • Number Of Buildings: 1
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 7796.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2392.0

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 16117.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 60012.0
  • Insurance Expense: 2883.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 5275.0

Tax Info

  • Tax Annual Amount: 2164.0
  • Tax Block: 1
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2016
Sold by
Chu Joanna N
Bought by
Chen Philip
Current Estimated Value
$893,719

Purchase Details

Listed on
Jan 4, 2013
Closed on
May 3, 2013
Sold by
Trailblazer Llc
Bought by
6 Arcadian Properties Llc
Seller's Agent
Craig Tann
Huntington & Ellis, A Real Est
Buyer's Agent
Marisol Drake
Realty ONE Group, Inc
List Price
$379,900
Sold Price
$379,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Sep 8, 2011
Sold by
Aussiebuck Llc
Bought by
Lewis Sky and Sky Lewis Investment Trust

Purchase Details

Closed on
Sep 22, 2010
Sold by
Rgr Sna Group Llc
Bought by
Aussiebuck Llc

Purchase Details

Closed on
Aug 13, 2010
Sold by
Chen Philip
Bought by
Rgr Sna Group Llc

Purchase Details

Closed on
Dec 15, 2009
Sold by
Chu Joanna N
Bought by
Chen Philip P

Purchase Details

Closed on
Jan 2, 2004
Sold by
Wang Hui Ru
Bought by
Chen Philip

Purchase Details

Closed on
Nov 25, 2003
Sold by
Acosta Jose G and Acosta Bella C
Bought by
Chen Philip

Purchase Details

Closed on
Sep 3, 2002
Sold by
Buckley Eugene L and Buckley Patricia K
Bought by
Acosta Jose G and Acosta Bella C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.29%

Purchase Details

Closed on
Jun 30, 2000
Sold by
Buckley Eugene L and Buckley Patricia K
Bought by
Buckley Eugene L and Buckley Patricia K
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
Chen Philip -- None Available
6 Arcadian Properties Llc $379,900 Equity Title Of Nevada
Lewis Sky -- None Available
Lewis Sky -- None Available
Trailblazer Llc -- None Available
Aussiebuck Llc $225,000 Lawyers Title Of Nevada Hen
Rgr Sna Group Llc $200,000 Accommodation
Chen Philip P -- Accommodation
Chen Philip -- Nevada Title Company
Chen Philip $380,000 Nevada Title Company
Acosta Jose G $410,000 First American Title Co
Buckley Eugene L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Philip $350,000
Previous Owner Acosta Jose G $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2013 05/15/13 Sold $379,900 0.0% $49 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $379,900 -- $49 / 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 $3,805 $181,898 $72,800 $109,098
2024 $3,524 $181,898 $72,800 $109,098
2023 $3,524 $155,246 $51,800 $103,446
2022 $3,263 $129,158 $29,400 $99,758
2021 $3,022 $124,122 $28,000 $96,122
2020 $2,803 $125,615 $28,000 $97,615
2019 $2,627 $123,883 $25,900 $97,983
2018 $2,506 $113,409 $17,500 $95,909
2017 $3,763 $114,787 $17,500 $97,287
2016 $2,346 $118,845 $17,500 $101,345
2015 $2,342 $93,545 $14,000 $79,545
2014 $2,269 $76,609 $7,000 $69,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1311193

Las Vegas REALTORS®

APN: 140-31-413-004