NOT LISTED FOR SALE

Estimated Value: $656,000 - $1,110,525

5 Beds
4 Baths
2,862 Sq Ft
$302/Sq Ft Est. Value

Last Sold June 27, 2012

Last sale price $99,000 $35 Per Sq Ft

Est. 774% increase in value since last sale

Current estimated payment $4,718/month

4 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Evaporated cooling system
  • Central Heating and Cooling System

About This Home

As of June 2012

Great downtown fourplex. Recently completed remodel. Property is located just North of Fremont St in busy street. 3 Units have evaporative A/C, 1 unit refrigerated air. All units with stove and refrigerator. Property is being sold "As Is"

Last Agent to Sell the Property

Luis Zepeda

Mira Bai Realty License #S.0168213 Listed on: 05/23/2012

Last Buyer's Agent

Imelda Perez

White Elephant Realty Solution License #B.1003036

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $759

Year Built

  • Built in 1954

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Pitched Roof
  • Stucco

Interior Spaces

  • 2,862 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Alley Access

Utilities

  • Evaporated cooling system
  • Refrigerated Cooling System
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 6 / 4

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Fairview Tract Subdivision

Building Details

  • Maintenance Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$759

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • CapRate: 18.93
  • Subdivision Name: FAIRVIEW TRACT
  • Directions: From Las Vegas Blvd and Charleston, East on Charleston, Left (N) on Maryland which turns into 13th St, go past Fremont, property is on right just before Stewart
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1954
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1
  • Year Built: 1954

Interior Features

  • Number Of Buildings: 1
  • Appliances: Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None

Exterior Features

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

Garage/Parking

  • Parking Features: Alley Access
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Evaporative Cooling, Refrigerated
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1080.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 21660.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 100.0
  • Annual Operating Expense: 2919.0

Tax Info

  • Tax Annual Amount: 759.0
  • Tax Block: 4
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Kla Capital Series Llc Series 4 Llc
Bought by
Kimball Fenn C and The Fenn C Kimball Trust
Current Estimated Value
$865,131

Purchase Details

Closed on
Aug 11, 2020
Sold by
Orozco Adolfo
Bought by
Kla Capital Series Llc

Purchase Details

Closed on
May 10, 2018
Sold by
Aguiler Erika Ayala
Bought by
Orozco Adolfo

Purchase Details

Closed on
Jul 12, 2013
Sold by
Ayala Erika
Bought by
Las Vegas Dragon Hotel Llc

Purchase Details

Listed on
May 23, 2012
Closed on
Jun 21, 2012
Sold by
Orozco Adolfo
Bought by
Ayala Erika
Seller's Agent
Luis Zepeda
Mira Bai Realty
Buyer's Agent
Imelda Perez
White Elephant Realty Solution
List Price
$99,000
Sold Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.63%
Original Mortgage
$65,000
Interest Rate
3.74%
Mortgage Type
Unknown

Purchase Details

Listed on
May 23, 2012
Closed on
Jun 15, 2012
Sold by
Martinez Jose R
Bought by
Ayala Erika
Seller's Agent
Luis Zepeda
Mira Bai Realty
Buyer's Agent
Imelda Perez
White Elephant Realty Solution
List Price
$99,000
Sold Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 13, 2010
Sold by
U S Bank National Association
Bought by
Martinez Jose R

Purchase Details

Closed on
Apr 13, 2010
Sold by
Osullivan Michael
Bought by
Us Bank National Association

Purchase Details

Closed on
Feb 25, 2003
Sold by
Fong Tonnie and Fong Mae Mei
Bought by
Osullivan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.82%
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 Buyer Sale Price Title Company
Kimball Fenn C $914,285 Security 1St Title Of Nev
Kla Capital Series Llc $280,000 Old Republic Title Co Of Nv
Orozco Adolfo -- Fntg Ncs Las Vegas
Orozco Adolfo $105,200 Fntg Ncs Las Vegas
Las Vegas Dragon Hotel Llc $68,000 National Title Co
Ayala Erika -- Ticor Title Las Vegas
Ayala Erika $99,000 Ticor Title Las Vegas
Martinez Jose R $55,000 Ticor Title Las Vegas
Us Bank National Association $119,310 Accommodation
Osullivan Michael $190,000 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayala Erika $65,000
Previous Owner Osullivan Michael $152,000
Closed Osullivan Michael $28,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2012 06/27/12 Sold $99,000 0.0% $35 / Sq Ft
05/28/2012 05/28/12 Pending -- -- --
05/23/2012 05/23/12 For Sale $99,000 -- $35 / 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 $2,279 $116,550 $46,900 $69,650
2024 $2,111 $116,550 $46,900 $69,650
2023 $748 $63,265 $39,200 $24,065
2022 $693 $53,131 $30,800 $22,331
2021 $642 $48,763 $28,000 $20,763
2020 $593 $48,389 $28,000 $20,389
2019 $556 $47,806 $28,000 $19,806
2018 $530 $36,820 $18,130 $18,690
2017 $1,083 $33,038 $14,700 $18,338
2016 $1,563 $26,382 $8,400 $17,982
2015 $1,584 $23,910 $6,563 $17,347
2014 $521 $23,299 $6,563 $16,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1253218

Las Vegas REALTORS®

APN: 139-35-211-099