NOT LISTED FOR SALE

2050 Linn Ln Las Vegas, NV 89156

Estimated Value: $523,920 - $637,000

4 Beds
4 Baths
2,080 Sq Ft
$270/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $370,000 $178 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,157/month

31 Days on Market

Highlights

  • 0.38 Acre Lot
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Property is in excellent condition

About This Home

As of February 2021

Beautifully remodeled fourplex, with brand new, very high paying lease. Very high cash flow on this property. Investors dream.

Last Agent to Sell the Property

Jason Elleman

Galindo Group Real Estate License #S.0186715 Listed on: 12/03/2020

Last Buyer's Agent

Nora Aguirre

Century 21 Americana License #BS.0146866

Century 21 Americana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $837

Year Built

  • Built in 1963

Lot Details

  • 0.38 Acre Lot
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$837

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Subdivision Name: none
  • Directions: From Lake Mead head north on Linn Lane. Property is 1,000 feet on right.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Refrigerator
  • Flooring: Tile
  • Living Area: 2080.0
  • Window Features: Blinds

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Stucco
  • 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
  • Annual Utilities Expense: 1432.0

Condo/Co-op/Association

  • Amenities: None

Schools

Lot Info

  • Lot Size Sq Ft: 16553.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 892.0

Tax Info

  • Tax Annual Amount: 837.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Feb 1, 2021
Sold by
Elleman Jason and Thomas Tristan
Bought by
Lopez Luis Alberto Diaz
Seller's Agent
Jason Elleman
Galindo Group Real Estate
Buyer's Agent
Nora Aguirre
Century 21 Americana
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Current Estimated Value
$561,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,480
Avg. Annual Appreciation
9.32%
Original Mortgage
$363,298
Outstanding Balance
$324,366
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$237,114

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 17, 2020
Sold by
Kmba Llc Linn Series
Bought by
Elleman Jason and Thomas Tristan
Seller's Agent
Dave Reichert
eXp Realty
Buyer's Agent
Jason Elleman
Galindo Group Real Estate
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.61%
Original Mortgage
$275,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2019
Sold by
Valenzuela Matthew
Bought by
Kmba Llc Linn Series

Purchase Details

Listed on
Oct 15, 2018
Closed on
Dec 28, 2018
Sold by
Pichay Kelley
Bought by
Valenzuela Matthew
Seller's Agent
Tina Anderson
Executive Realty Services
Buyer's Agent
Timothy Husted
Petra Realty Group
List Price
$259,999
Sold Price
$254,999
Premium/Discount to List
-$5,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%
Original Mortgage
$191,249
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2018
Closed on
Dec 24, 2018
Sold by
Childs Llc
Bought by
Valenzuela Matthew
Seller's Agent
Tina Anderson
Executive Realty Services
Buyer's Agent
Timothy Husted
Petra Realty Group
List Price
$259,999
Sold Price
$254,999
Premium/Discount to List
-$5,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,249
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2014
Sold by
Hornback Donald and Hornback Reva
Bought by
Childs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,664
Interest Rate
4.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 9, 2006
Sold by
Brown Janie
Bought by
Hornback Donald and Hornback Reva

Purchase Details

Closed on
Jan 4, 2000
Sold by
Lewis Selma
Bought by
Lewis Rental Trust and Titus Family Trust
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
Lopez Luis Alberto Diaz $370,000 Clear Title Company
Elleman Jason $275,000 Netco Title
Kmba Llc Linn Series -- None Available
Valenzuela Matthew -- Lawyers Title Las Vegas
Valenzuela Matthew $254,999 Lawyers Title Las Vegas
Childs Llc $200,000 Nations Title Co Of Ne
Hornback Donald $192,000 Stewart Title Of Nevada
Lewis Rental Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Luis Alberto Diaz $363,298
Previous Owner Elleman Jason $275,000
Previous Owner Valenzuela Matthew $191,249
Previous Owner Childs Llc $92,664
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2021 02/03/21 Sold $370,000 -7.3% $178 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/03/2020 12/03/20 For Sale $399,000 +45.1% $192 / Sq Ft
08/19/2020 08/19/20 Sold $275,000 -3.5% $132 / Sq Ft View Prior Sale
07/20/2020 07/20/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $285,000 +11.8% $137 / Sq Ft
01/03/2019 01/03/19 Sold $254,999 -1.9% $123 / Sq Ft View Prior Sale
12/04/2018 12/04/18 Pending -- -- --
10/15/2018 10/15/18 For Sale $259,999 -- $125 / 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 $2,010 $68,830 $45,500 $23,330
2024 $1,900 $68,830 $45,500 $23,330
2023 $749 $65,947 $45,500 $20,447
2022 $1,797 $53,974 $35,000 $18,974
2021 $965 $45,646 $28,000 $17,646
2020 $893 $43,552 $26,250 $17,302
2019 $837 $43,027 $26,250 $16,777
2018 $799 $34,058 $18,200 $15,858
2017 $991 $33,787 $18,200 $15,587
2016 $749 $31,639 $16,380 $15,259
2015 $746 $27,491 $12,740 $14,751
2014 $723 $23,918 $9,800 $14,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2253363

Las Vegas REALTORS®

APN: 140-21-601-013