$300,000
SOLD APR 1, 2021
-- Bed
-- Bath
2,184 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$137 Per Sq Ft

9% Below List Price

234 Days on Market

Highlights

  • Private Yard
  • Landscaped
  • 1-Story Property
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of July 2021

Investors Dream! Single Story 4 Plex Each With 1 Bedroom & 1 Bathroom All With Long Term Paying Tenants! No Rehab Required, Appliances Included. Property With Guest & Tenant Parking. Easy Access To Public Transportation, Freeway, Shopping & Entertainment! Do Not Miss This One!

Last Agent to Sell the Property

Lori Davidge

Flat Fee Pros License #S.0180737 Listed on: 07/10/2020

Last Buyer's Agent

Jason Elleman

Galindo Group Real Estate License #S.0186715

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $459

Year Built

  • Built in 1965

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped
  • Private Yard
  • Property is in average condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,184 Sq Ft Home
  • 1-Story Property
  • Blinds

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • 4 Units
  • Valley View Add Subdivision

Building Details

  • Maintenance Expense $400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$459

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 6.5
  • Subdivision Name: Valley View Add
  • Directions: From I-15 North, Exit D Street, Slight R On D Street, Left On D Street, R On Madison.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1965
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1965

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet, Tile
  • Living Area: 2184.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Exterior Features: Private Yard
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 360.0

Condo/Co-op/Association

  • Amenities: Landscaping

Schools

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas, Other

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 21400.0
  • Insurance Expense: 931.0
  • Maintenance Expense: 400.0
  • Annual Operating Expense: 2890.0

Tax Info

  • Tax Annual Amount: 459.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2022
Sold by
Jackson Galvin D
Bought by
Jackson Family Trust
Current Estimated Value
$553,993

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 6, 2021
Sold by
Swipe Right Properties Llc
Bought by
Jackson Galvin D
Seller's Agent
Jason Elleman
Galindo Group Real Estate
Buyer's Agent
Wanda Hudson
Real Broker LLC
List Price
$450,000
Sold Price
$451,000
Premium/Discount to List
$1,000
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$388,716
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jun 10, 2021
Sold by
Bhakta Reisa H and Elleman Jason
Bought by
Swipe Right Properties Llc
Seller's Agent
Jason Elleman
Galindo Group Real Estate
Buyer's Agent
Wanda Hudson
Real Broker LLC
List Price
$450,000
Sold Price
$451,000
Premium/Discount to List
$1,000
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,716
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Listed on
Jul 10, 2020
Closed on
Mar 19, 2021
Sold by
Earlybird Llc
Bought by
Bhakta Reisa H and Elleman Jason
Seller's Agent
Lori Davidge
Flat Fee Pros
Buyer's Agent
Jason Elleman
Galindo Group Real Estate
List Price
$330,000
Sold Price
$300,000
Premium/Discount to List
-$30,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
379.71%
Original Mortgage
$225,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2019
Sold by
Button Gary
Bought by
Earlybird Llc

Purchase Details

Closed on
Sep 30, 2014
Sold by
Button Gary
Bought by
Vegas Sl Revocable Living Trust

Purchase Details

Listed on
Oct 19, 2012
Closed on
May 16, 2014
Sold by
Zavala Juan and Zavala Isela
Bought by
Button Gary
Seller's Agent
Steve Hawks
Platinum Real Estate Prof
Buyer's Agent
Jonathan Long
Realty ONE Group, Inc
List Price
$119,000
Sold Price
$70,000
Premium/Discount to List
-$49,000
-41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.58%

Purchase Details

Closed on
Jan 10, 2008
Sold by
Zavala Juan and Zavala Isela
Bought by
Zavala Juan and Zavala Isela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2007
Sold by
Pimentel Melissa A
Bought by
Zavala Juan and Zavala Isela

Purchase Details

Closed on
Jun 22, 2007
Sold by
Moore Renato V
Bought by
Pimentel Melissa A and 208 Madison Avenue Trust

Purchase Details

Closed on
Mar 1, 2007
Sold by
Moore Renato V
Bought by
208 Madison Avenue Trust

Purchase Details

Closed on
Jun 4, 2004
Sold by
Bevel Douglas John
Bought by
Moore Renato

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,960
Interest Rate
7.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 10, 2003
Sold by
Smith Robert L and Smith Gloria J
Bought by
Bevel Douglas John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
8.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 22, 1998
Sold by
Smith Robert L and Smith Robert L
Bought by
Smith Robert L and Smith Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.6%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed $451,000 Driggs Title Agency Inc
Bargain Sale Deed -- Clear Title Company
Bargain Sale Deed $300,000 Clear Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Bargain Sale Deed $70,000 Nevada Title Las Vegas
Interfamily Deed Transfer -- Nevada Title Company
Bargain Sale Deed $150,000 Lawyers Title Of Nevada
Bargain Sale Deed $141,200 Lawyers Title Of Nevada
Bargain Sale Deed -- None Available
Bargain Sale Deed $185,000 Nevada Title Company
Bargain Sale Deed $125,000 Nevada Title Company
Interfamily Deed Transfer -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $388,716 VA
Previous Owner $225,000 New Conventional
Previous Owner $260,000 New Conventional
Previous Owner $198,750 Negative Amortization
Previous Owner $146,960 Unknown
Previous Owner $118,750 Unknown
Previous Owner $90,000 No Value Available
Closed $27,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $451,000 +0.2% $207 / Sq Ft
06/11/2021 06/11/21 For Sale $450,000 +50.0% $206 / Sq Ft
04/01/2021 04/01/21 Sold $300,000 -9.1% $137 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
07/10/2020 07/10/20 For Sale $330,000 +371.4% $151 / Sq Ft
05/16/2014 05/16/14 Sold $70,000 -41.2% $32 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
10/19/2012 10/19/12 For Sale $119,000 -- $54 / 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 $1,822 $60,077 $38,500 $21,577
2024 $1,458 $60,077 $38,500 $21,577
2023 $412 $53,911 $35,000 $18,911
2022 $573 $42,047 $24,500 $17,547
2021 $531 $37,320 $21,000 $16,320
2020 $490 $37,010 $21,000 $16,010
2019 $459 $31,284 $15,750 $15,534
2018 $438 $28,655 $14,000 $14,655
2017 $908 $27,683 $13,300 $14,383
2016 $412 $23,229 $9,100 $14,129
2015 $410 $21,458 $7,000 $14,458
2014 $397 $21,567 $7,000 $14,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2212326

Las Vegas REALTORS®

APN: 139-27-211-011