NOT LISTED FOR SALE

Estimated Value: $307,789 - $514,000

6 Beds
3 Baths
2,236 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 09, 2015

Last sale price $135,000 $60 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $2,326/month

125 Days on Market

Highlights

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

About This Home

As of April 2015

Single Story Triplex near downtown with ez access to freeways, shopping and more! Property must be sold with its neighbor 2124 Statz St (MLS# 1493195). Two separate parcels, one main water line. Both properties have long term tenants (5-10+ years).

Last Agent to Sell the Property

Rachael Hughel

Simply Vegas License #S.0069976 Listed on: 11/04/2014

Last Buyer's Agent

Carmen Ruiz

Park Place Realty License #S.0048148

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $495

Year Built

  • Built in 1963

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in average condition

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,236 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, water
  • Legal Lot and Block 2 / 44

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Arrowhead Acres Tract Subdivision

Additional Features

  • Laundry Facilities
  • Maintenance Expense $50

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$495

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • CapRate: 11.79
  • Subdivision Name: ARROWHEAD ACRES TRACT
  • Directions: Las Vegas Blvd/Lake Mead**(E) on Lake Mead*Cross Civic Center*(L)on Statz** Property on the right side
  • Architectural Style: Triplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Triplex
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2236.0

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 200.0

Condo/Co-op/Association

  • Amenities: Laundry
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19602.0
  • Insurance Expense: 1100.0
  • Maintenance Expense: 50.0
  • Annual Operating Expense: 3100.0

Tax Info

  • Tax Annual Amount: 495.0
  • Tax Block: 44
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2014
Closed on
Apr 6, 2015
Sold by
Bausch Stephen Donald and Trong Tuyet M
Bought by
Ruelas Gloria Maria and Barron Jose
Seller's Agent
Rachael Hughel
Simply Vegas
Buyer's Agent
Carmen Ruiz
Park Place Realty
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Current Estimated Value
$427,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,197
Avg. Annual Appreciation
10.94%

Purchase Details

Closed on
Nov 25, 2002
Sold by
Wheelock Francisco P and Wheelock Julie M
Bought by
Bausch Stephen Donald and Truong Tuyet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
6.28%

Purchase Details

Closed on
Jul 20, 1998
Sold by
Tleel Samir B
Bought by
Wheelock Francisco P and Wheelock Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
6.91%

Purchase Details

Closed on
May 11, 1995
Sold by
Phillips Gordon Way and Phillips Nancy S
Bought by
Alcala Gilberto Gil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,658
Interest Rate
8.47%
Mortgage Type
Seller Take Back
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
Ruelas Gloria Maria $135,000 Ticor Title Las Vegas
Bausch Stephen Donald $133,000 Fidelity National Title
Wheelock Francisco P $87,000 Fidelity National Title
Alcala Gilberto Gil $75,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bausch Stephen Donald $106,400
Previous Owner Wheelock Francisco P $65,250
Previous Owner Alcala Gilberto Gil $64,658
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2015 04/09/15 Sold $135,000 -3.6% $60 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
11/04/2014 11/04/14 For Sale $140,000 -- $63 / 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 $834 $57,119 $35,000 $22,119
2024 $772 $57,119 $35,000 $22,119
2023 $772 $52,626 $33,250 $19,376
2022 $716 $46,015 $28,000 $18,015
2021 $663 $39,498 $22,750 $16,748
2020 $613 $37,381 $21,000 $16,381
2019 $574 $34,816 $18,900 $15,916
2018 $548 $30,816 $15,750 $15,066
2017 $966 $28,792 $14,000 $14,792
2016 $514 $25,032 $10,500 $14,532
2015 $512 $19,275 $5,250 $14,025
2014 $496 $14,726 $5,250 $9,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1493111

Las Vegas REALTORS®

APN: 139-24-210-257