NOT LISTED FOR SALE

206 Kola St Henderson, NV 89015

Valley View Neighborhood

Estimated Value: $442,879 - $734,000

8 Beds
4 Baths
2,900 Sq Ft
$199/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $223,000 $77 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $3,187/month

36 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet

About This Home

As of January 2017

Seller's loss is your gain in this incredible investment opportunity. Listed almost $100k under seller's original cost and over $25k in monthly gross income! All units are 2 bedroom 1 bath. Unit 1 rents for $625. Unit 4 rented for $550. Unit 2 & 3 rented for $475, $500 respectively.

Last Agent to Sell the Property

David Walker

Keller Williams Southern NV License #S.0178232 Listed on: 11/14/2016

Last Buyer's Agent

Lisa Morris

Pinyon Properties License #B.0145498

Pinyon Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $898

Year Built

  • Built in 1963

Lot Details

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

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Carpet

Kitchen

  • Oven
  • Range
  • Disposal

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
  • Bulloch Sub #1 Subdivision

Building Details

  • Maintenance Expense $700
  • Professional Management Expense $1,806

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$898

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • CapRate: 8.74
  • Professional Management Expense: 1806.0
  • Subdivision Name: BULLOCH SUB #1
  • Directions: From Boulder Highway go east on Lake Mead Pkwy, go past Burkholder, take right on Ivy St., right on Constitution Ave. and a right on Kola St., building is on the right.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Number Of Buildings: 1
  • Appliances: Disposal, Oven, Range, Refrigerator
  • Flooring: Carpet
  • Interior Amenities: None

Exterior Features

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

Garage/Parking

  • Parking Features: Paved

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: 1800.0

Condo/Co-op/Association

  • 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: 25542.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 700.0
  • Annual Operating Expense: 5706.0

Tax Info

  • Tax Annual Amount: 898.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2020
Sold by
Ricks Diane H
Bought by
Ricks Diane H and Ricks Family Trust
Current Estimated Value
$578,470

Purchase Details

Listed on
Nov 14, 2016
Closed on
Jan 18, 2017
Sold by
Katsch Michael L
Bought by
Ricks Diane H
Seller's Agent
David Walker
Keller Williams Southern NV
Buyer's Agent
Lisa Morris
Pinyon Properties
List Price
$229,900
Sold Price
$223,000
Premium/Discount to List
-$6,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%

Purchase Details

Closed on
Apr 25, 2005
Sold by
Avedisian Armik
Bought by
Katsch Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,800
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 2, 2004
Sold by
Avedisian Karmen
Bought by
Avedisian Armik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
9.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 21, 2004
Sold by
Musicar Phyllis
Bought by
Avedisian Armik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
9.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 25, 2002
Sold by
Martinez Ofelia S and Martinez Sandra
Bought by
Musicar Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,100
Interest Rate
8%

Purchase Details

Closed on
Jul 9, 1999
Sold by
Martinez Ofelia S
Bought by
Martinez Ofelia S and Martinez Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.4%

Purchase Details

Closed on
Jul 27, 1995
Sold by
Smith Richard and Smith Marilyn
Bought by
Martinez Julio F and Martinez Ofelia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.97%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ricks Diane H -- None Available
Ricks Diane H $223,000 Nevada Title Las Vegas
Katsch Michael L $319,000 First Amer Title Co Of Nv
Avedisian Armik -- First American Title Company
Avedisian Armik $275,000 First American Title Co Of
Musicar Phyllis $218,000 Lawyers Title Of Nevada
Martinez Ofelia S -- Ati Title
Martinez Ofelia S -- Ati Title
Martinez Julio F $105,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Katsch Michael L $219,800
Previous Owner Avedisian Armik $261,250
Previous Owner Musicar Phyllis $207,100
Previous Owner Martinez Ofelia S $97,000
Previous Owner Martinez Julio F $94,500
Closed Katsch Michael L $62,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $223,000 -3.0% $77 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
11/14/2016 11/14/16 For Sale $229,900 -- $79 / 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 $1,457 $81,640 $50,400 $31,240
2024 $1,349 $81,640 $50,400 $31,240
2023 $1,349 $74,974 $47,600 $27,374
2022 $1,250 $67,426 $42,000 $25,426
2021 $1,157 $55,829 $32,200 $23,629
2020 $1,072 $54,357 $31,150 $23,207
2019 $1,004 $46,314 $23,800 $22,514
2018 $958 $39,484 $18,200 $21,284
2017 $1,093 $37,695 $16,800 $20,895
2016 $898 $35,395 $12,600 $22,795
2015 $897 $33,188 $11,200 $21,988
2014 $869 $29,111 $11,200 $17,911
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    David Walker

    Keller Williams Southern NV

  • L

    Buyer's Agent in 2017

    Lisa Morris

    Pinyon Properties

    (702) 336-9612

    71 Total Sales

    Lisa Morris
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1848002

Las Vegas REALTORS®

APN: 179-17-511-007

Nevada Clark County Henderson 89015 Valley View

206 Kola St, Henderson, NV

This home is located at 206 Kola St, Henderson, NV 89015 since 14 November 2016 and is currently estimated at $578,470, approximately $199 per square foot. This property was built in 1963. 206 Kola St is a home located in Clark County with nearby schools including Robert L Taylor Elementary School, B Mahlon Brown Academy of International Studies, and Basic Academy of International Studies.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

Nearby Homes