NOT LISTED FOR SALE

Estimated Value: $810,477 - $999,000

8 Beds
8 Baths
3,976 Sq Ft
$222/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $760,000 $191 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,865/month

32 Days on Market

Highlights

  • Community Pool
  • Tile Flooring
  • Ceiling Fan
  • Storage
  • Central Heating and Cooling System
  • Property is in very good condition

About This Home

As of October 2022

Excellent value-add opportunity with great in place ROI. Beautiful HOA community with pool built in 1998. 2 units are fully renovated with stone countertops and tile/laminate floors.

Last Agent to Sell the Property

Kami Zargari

Triumph Property Management Co License #B.1000830 Listed on: 08/31/2022

Last Buyer's Agent

Nathan Elser

Viking REI License #B.1003054

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,595

Year Built

  • Built in 1998

Lot Details

  • 1,000 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $905 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Quadruplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,976 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Storage
  • Tile Flooring
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection

Community Details

Overview

  • Association fees include management, electricity, ground maintenance, water
  • 4 Units
  • Rock Spgs Vista Unit #11 Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,595

Year Built

Built in 1998

Lot Details

0

HOA Fees

$905 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.023
  • CapRate: 5.57
  • Subdivision Name: Rock Spgs Vista Unit #11
  • Directions: From Lake Mead and Rainbow head East on Rainbow, Left on James Bilbray, Left on Balzar, Right on Wilma and follow to Benmore.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Attribution Contact: 702-367-2323
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1998

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Washer
  • Flooring: Other, Tile
  • Interior Amenities: Ceiling Fan(s), Storage
  • Living Area: 3976.0

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Resale, Very Good Condition
  • Roof: Tile

Garage/Parking

  • Parking Features: Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 905.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Electricity, Maintenance Grounds, Water

Schools

Lot Info

  • Lot Size Sq Ft: 1000.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 15895.0

Tax Info

  • Tax Annual Amount: 2595.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Sep 28, 2022
Sold by
Niasoff Yosef Yitzehok and Niasoff Pessy R
Bought by
Cardona Angelina and Cardona Miguel
Seller's Agent
Kami Zargari
Triumph Property Management Co
Buyer's Agent
Nathan Elser
Viking REI
List Price
$780,000
Sold Price
$760,000
Premium/Discount to List
-$20,000
-2.56%
Views
85
Current Estimated Value
$880,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,869
Avg. Annual Appreciation
5.03%

Purchase Details

Closed on
May 24, 2022
Sold by
2T On Benmore Llc
Bought by
Niasoff Yosef Yitzchok and Niasoff Pessy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2018
Sold by
Toobian Bijan
Bought by
2T On Benmore Llc

Purchase Details

Listed on
May 24, 2018
Closed on
Aug 9, 2018
Sold by
Toobian Haydeh
Bought by
Toobian Bijan
Seller's Agent
Rick Ruiz
GK Properties
Buyer's Agent
Navid Bakhshi
Las Vegas Real Estate Speciali
List Price
$400,000
Sold Price
$392,000
Premium/Discount to List
-$8,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$252,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
May 24, 2018
Closed on
Jul 18, 2018
Sold by
Family Matters Inc
Bought by
Toobian Bijan
Seller's Agent
Rick Ruiz
GK Properties
Buyer's Agent
Navid Bakhshi
Las Vegas Real Estate Speciali
List Price
$400,000
Sold Price
$392,000
Premium/Discount to List
-$8,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Jan 19, 2017
Closed on
Mar 3, 2017
Sold by
Agiao Albert B and Agiao Salve B
Bought by
Family Matters Inc
Seller's Agent
Rebecca Ballesteros
Las Vegas Capital Homes
Buyer's Agent
Shay Black
eXp Realty
List Price
$299,800
Sold Price
$287,000
Premium/Discount to List
-$12,800
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.36%

Purchase Details

Closed on
Jan 18, 2014
Sold by
Agiao Albert B and Agiao Salve B
Bought by
Albert B & Salve B Agiao Family Trust

Purchase Details

Closed on
May 31, 2013
Sold by
Agiao Albert B and Agiao Albert B
Bought by
Agiao Albert B and Agiao Salve B

Purchase Details

Closed on
Apr 22, 2005
Sold by
Agiao Albert B and Agiao Salve B
Bought by
Agiao Albert B and Agiao Salve B

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
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 23, 2005
Sold by
Agiao Salvadora B and Agiao Albert B
Bought by
Agiao Albert B and Agiao Salve B

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
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
May 5, 2003
Sold by
Agiao Salvadora B and Agiao Albert B
Bought by
Agiao Albert B and Agiao Salvadora B

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
5.84%

Purchase Details

Closed on
Jan 31, 2002
Sold by
Summer Villas At Balzar Llc
Bought by
Agiao Salvadora B and Agiao Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
7.17%

Purchase Details

Closed on
Dec 30, 1999
Sold by
Summer Villas At Balzar Llc
Bought by
Durant Leo N and Niel Dexter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
4.35%
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
Cardona Angelina $760,000 Element Title
Niasoff Yosef Yitzchok $602,000 Chicago Title
2T On Benmore Llc -- None Available
Toobian Bijan -- First American Title
Toobian Bijan $392,000 First American Title
Family Matters Inc $287,000 Fidelity National Title
Albert B & Salve B Agiao Family Trust -- None Available
Agiao Albert B -- None Available
Agiao Albert B -- --
Agiao Albert B -- Old Republic Title Co Of Nv
Agiao Albert B -- Fidelity National Title
Agiao Salvadora B $319,000 First American Title Co
Durant Leo N $248,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Niasoff Yosef Yitzchok $308,500
Previous Owner Toobian Bijan $252,000
Previous Owner Agiao Albert B $260,000
Previous Owner Agiao Albert B $260,000
Previous Owner Agiao Salvadora B $255,200
Previous Owner Durant Leo N $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2022 10/03/22 Sold $760,000 -2.6% $191 / Sq Ft
08/31/2022 08/31/22 For Sale $780,000 +99.0% $196 / Sq Ft
08/13/2018 08/13/18 Sold $392,000 -2.0% $99 / Sq Ft View Prior Sale
07/14/2018 07/14/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $400,000 +39.4% $101 / Sq Ft
03/10/2017 03/10/17 Sold $287,000 -4.3% $72 / Sq Ft View Prior Sale
02/08/2017 02/08/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $299,800 -- $75 / 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 $3,268 $170,674 $57,400 $113,274
2024 $3,027 $170,674 $57,400 $113,274
2023 $3,027 $179,978 $72,800 $107,178
2022 $2,803 $164,486 $63,000 $101,486
2021 $2,595 $152,508 $56,000 $96,508
2020 $2,407 $139,834 $43,400 $96,434
2019 $2,256 $128,850 $39,200 $89,650
2018 $2,125 $98,650 $22,400 $76,250
2017 $2,859 $87,200 $18,375 $68,825
2016 $1,990 $72,828 $15,400 $57,428
2015 $1,985 $58,646 $14,000 $44,646
2014 $1,924 $58,078 $21,000 $37,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2434411

Las Vegas REALTORS®

APN: 138-23-124-075