NOT LISTED FOR SALE

Estimated Value: $407,541 - $596,000

5 Beds
4 Baths
986 Sq Ft
$489/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $229,900 $233 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,637/month

114 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of July 2018

Great Fourplex with a 2 Bedroom 1 Bath Home in the front and Three 1 Bedroom 1 Bath units in the back, located close to Freeway and shopping, Owner can live in the home and rent the other 3 units if desired. ATTENTION AGENTS! PLEASE NOTE THAT THERE ARE A TOTAL OF 4 UNITS IN THIS PROPERTY. ONE 2 BEDROOM HOME IN THE FRONT AND THREE 1 BEDROOM UNITS IN THE BACK. THAT IS WHY IT IS CONSIDERED A FOURPLEX.

Last Agent to Sell the Property

Fegiel Lopez

Real Estate One LLC License #S.0069915 Listed on: 02/16/2018

Real Estate One LLC

Last Buyer's Agent

Gladis Andrade

Compass Realty & Management License #S.0065483

Compass Realty & Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1943

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in good condition

Home Design

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

Interior Spaces

  • 986 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Parking

  • 4 Parking Spaces
  • Alley Access

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Gibson & Jones Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$944

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 8.0
  • Subdivision Name: GIBSON & JONES ADD
  • Directions: From Eastern and Stewart go West on Stewart, Pass 23rd Street and property will be on the left hand before you arrive to 21st street.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1943
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1
  • Year Built: 1943

Interior Features

  • Number Of Buildings: 2
  • Flooring: Tile
  • Interior Amenities: None

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Alley Access
  • 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

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20940.0
  • Annual Operating Expense: 2200.0

Tax Info

  • Tax Annual Amount: 944.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Jul 10, 2018
Sold by
Cardenas Ricardo
Bought by
Cardenas Maria D
Seller's Agent
Fegiel Lopez
Real Estate One LLC
Buyer's Agent
Gladis Andrade
Compass Realty & Management
List Price
$229,900
Sold Price
$229,900
Current Estimated Value
$458,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,438
Avg. Annual Appreciation
9.38%
Original Mortgage
$172,425
Outstanding Balance
$150,981
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$283,225

Purchase Details

Closed on
Dec 21, 2015
Sold by
Alvarez Jose Nunez
Bought by
Nunez Alvarez Jose and Madera Araiza Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 17, 2013
Sold by
Anya & Anya Llc
Bought by
Alvarez Jose Nunez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 3, 2012
Sold by
Anaya & Anaya Llc
Bought by
Stewart Avenue Trust

Purchase Details

Closed on
Mar 23, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Anaya & Anaya Llc

Purchase Details

Closed on
Apr 4, 2008
Sold by
Sedillo Gino L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 20, 2006
Sold by
Lluncor Luz
Bought by
Sedillo Gino J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.87%
Mortgage Type
Unknown

Purchase Details

Closed on
May 10, 2004
Sold by
L & T Long Second Flp
Bought by
Lluncor Luz A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,100
Interest Rate
6.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 6, 2003
Sold by
Long Larry K and Long Tracey B
Bought by
L & T Long Second Flp

Purchase Details

Closed on
Sep 4, 2002
Sold by
L & T Long Second Flp
Bought by
Long Larry K and Long Tracey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,359
Interest Rate
6.16%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2001
Sold by
Long Larry K and Long Tracey B
Bought by
L & T Long Second Flp

Purchase Details

Closed on
Feb 17, 1994
Sold by
Long Larry K and Long Tracey Bates
Bought by
Long Larry K and Long Tracey Bates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,825
Interest Rate
6.98%
Mortgage Type
FHA
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
Cardenas Maria D -- Driggs Title Agency Inc
Bustos Ignacio $229,900 Driggs Title Agency Inc
Nunez Alvarez Jose -- Fidelity National Title
Alvarez Jose Nunez $110,000 Nevada Title Company
Stewart Avenue Trust -- None Available
Anaya & Anaya Llc $71,500 Servicelink Aliquippa
Federal Home Loan Mortgage Corporation $106,991 First American Title
Sedillo Gino J $285,000 Chicago Title
Lluncor Luz A $206,000 Land Title Of Nevada
L & T Long Second Flp -- --
Long Larry K $84,850 Lawyers Title
L & T Long Second Flp -- --
Long Larry K -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bustos Ignacio $172,425
Previous Owner Nunez Alvarez Jose $126,000
Previous Owner Alvarez Jose Nunez $77,000
Previous Owner Sedillo Gino J $228,000
Previous Owner Lluncor Luz A $175,100
Previous Owner Lluncor Luz A $175,100
Previous Owner Long Larry K $81,359
Previous Owner Long Larry K $88,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2018 07/11/18 Sold $229,900 0.0% $233 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $229,900 -- $233 / 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 $1,531 $69,329 $35,280 $34,049
2024 $1,418 $69,329 $35,280 $34,049
2023 $944 $65,680 $34,125 $31,555
2022 $1,314 $47,739 $18,200 $29,539
2021 $1,216 $45,806 $17,745 $28,061
2020 $1,127 $45,724 $17,745 $27,979
2019 $1,056 $43,159 $15,540 $27,619
2018 $1,008 $43,446 $16,835 $26,611
2017 $1,324 $40,401 $13,650 $26,751
2016 $944 $34,424 $7,280 $27,144
2015 $941 $32,638 $5,915 $26,723
2014 $1,016 $32,002 $5,688 $26,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1968043

Las Vegas REALTORS®

APN: 139-35-713-004