NOT LISTED FOR SALE

Estimated Value: $619,832 - $730,000

8 Beds
8 Baths
3,692 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 22, 2018

Last sale price $357,500 $97 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,151/month

11 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Ceiling Fan
  • No HOA

About This Home

As of May 2018

Well Maintained Investment Property * 4 Plex * All 4 units are 2 Bedroom 2 Bath Units app 846 sqft * NO HOA * All 4 Units are Currently Rented * Laminated Wood Floors and Ceramic Tile Throughout * All Units Have a Full Size Washer and Dryer in a Separate Laundry Room, Fireplace in Living Room and Additional Storage Closets * Plenty of Street Parking * Convenient Location Near Schools and Shopping.

Last Listed By

Brad Wolfe

LIFE Realty District License #B.0146682 Listed on: 04/10/2018

LIFE Realty District

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 1984

Lot Details

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

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,692 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Charleston Hgts #50H Subdivision

Building Details

  • Maintenance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,001

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • CapRate: 7.2
  • Subdivision Name: CHARLESTON HGTS #50H
  • Directions: From I-95N & W Lake Mead, go East on Lake Mead, then turn Left on Winwood
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1984
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1440.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

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

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 30600.0
  • Insurance Expense: 1177.0
  • Maintenance Expense: 500.0
  • Annual Operating Expense: 5281.0

Tax Info

  • Tax Annual Amount: 2001.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 21, 2018
Sold by
Kushida Evangeline
Bought by
Vazquez Laura and Acosta Antonio Vazquez
Seller's Agent
Brad Wolfe
LIFE Realty District
Buyer's Agent
Nilda Williams
Vegas International Properties
List Price
$349,888
Sold Price
$357,500
Premium/Discount to List
$7,612
2.18%
Total Days on Market
11
Current Estimated Value
$693,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,708
Avg. Annual Appreciation
9.89%
Original Mortgage
$268,125
Outstanding Balance
$233,804
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$459,404

Purchase Details

Listed on
Aug 10, 2015
Closed on
Aug 27, 2015
Sold by
Ko Robin Jay and Narvaez Jenille Mei
Bought by
Kushida Evangeline
Seller's Agent
Bob Darling
Elite Realty
Buyer's Agent
Brad Wolfe
LIFE Realty District
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.05%

Purchase Details

Closed on
Dec 28, 2011
Sold by
Ko Robin Jay
Bought by
Ko Robin Jay and Narvaez Jenille Mei

Purchase Details

Closed on
Aug 14, 2003
Sold by
Ko Romeo P and Ko Benita U
Bought by
Ko Robin Kay

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
Vazquez Laura $357,500 Lawyers Title Of Nevada Inc
Kushida Evangeline $250,000 Chicago Title Las Vegas
Ko Robin Jay -- None Available
Ko Robin Kay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Laura $268,125
Previous Owner Ko Robin J $177,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Sold $357,500 +2.2% $97 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $349,888 +40.0% $95 / Sq Ft
09/01/2015 09/01/15 Sold $250,000 -3.5% $68 / Sq Ft
08/10/2015 08/10/15 For Sale $259,000 -- $70 / 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 $3,245 $114,341 $56,350 $57,991
2024 $3,005 $114,341 $56,350 $57,991
2023 $3,005 $107,932 $53,200 $54,732
2022 $2,783 $89,312 $36,750 $52,562
2021 $2,577 $82,052 $31,500 $50,552
2020 $2,390 $84,013 $32,900 $51,113
2019 $2,240 $82,133 $30,800 $51,333
2018 $2,137 $76,725 $26,600 $50,125
2017 $2,252 $68,703 $18,025 $50,678
2016 $2,001 $68,102 $15,400 $52,702
2015 $1,996 $58,967 $14,000 $44,967
2014 $1,934 $65,022 $12,600 $52,422
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1983104

Las Vegas REALTORS®

APN: 138-24-216-003