NOT LISTED FOR SALE

Estimated Value: $327,000 - $398,000

5 Beds
2 Baths
1,701 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 09, 2015

Last sale price $127,000 $75 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,993/month

38 Days on Market

Highlights

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

About This Home

As of July 2015

Investment opportunity. Corner lot duplex in North Las Vegas. Currently occupied by 2 different tenants. Both long term and would like to stay. First unit features 2 bedroom/1 bath . Second unit is 3 bed 1 bath. Yard is fully fenced. Driveway and Carport. 3 bedroom unit has a back yard. Title floors throughout both properties.

Last Agent to Sell the Property

Tod Barton

Keller Williams Realty Las Veg License #BS.0145949 Listed on: 05/01/2015

Keller Williams Realty Las Veg

Last Buyer's Agent

Fabian Lopez

United Realty Group License #S.0169773

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $491

Year Built

  • Built in 1954

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in good condition

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,701 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 1 / 3

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Grandview Park Subdivision

Building Details

  • Maintenance Expense $300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$491

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • CapRate: 8.77
  • Subdivision Name: GRANDVIEW PARK
  • Directions: From Eastern and Washington head North on Eastern to Stanley and head West on Stanley to the property.
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: RESALE
  • Year Built: 1954
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1954

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Ceramic Tile
  • Interior Amenities: None
  • Living Area: 1701.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 300.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 13068.0
  • Insurance Expense: 840.0
  • Maintenance Expense: 300.0
  • Annual Operating Expense: 2111.0

Tax Info

  • Tax Annual Amount: 491.0
  • Tax Block: 3
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2024
Sold by
Valenzuela Albina
Bought by
Marruquito Trust and Valenzuela
Current Estimated Value
$361,248

Purchase Details

Listed on
May 1, 2015
Closed on
Jul 1, 2015
Sold by
Valenzuela Manuel
Bought by
Valenzuela Albina
Seller's Agent
Tod Barton
Keller Williams Realty Las Veg
Buyer's Agent
Fabian Lopez
United Realty Group
List Price
$125,000
Sold Price
$127,000
Premium/Discount to List
$2,000
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$124,699
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
May 1, 2015
Closed on
Jun 27, 2015
Sold by
Duarte Raymundo M and Duarte Patricia
Bought by
Valenzuela Albina
Seller's Agent
Tod Barton
Keller Williams Realty Las Veg
Buyer's Agent
Fabian Lopez
United Realty Group
List Price
$125,000
Sold Price
$127,000
Premium/Discount to List
$2,000
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,699
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 1998
Sold by
Duarte Raymundo
Bought by
Duarte Raymundo M and Duarte Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,624
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1996
Sold by
Webbster Corp
Bought by
Duarte Raymundo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,607
Interest Rate
7.05%
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
Marruquito Trust -- None Listed On Document
Valenzuela Albina -- Chicago Title Las Vegas
Valenzuela Albina $127,000 Chicago Title Las Vegas
Duarte Raymundo M -- Land Title
Duarte Raymundo $78,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valenzuela Albina $124,699
Previous Owner Valenzuela Albina $124,699
Previous Owner Duarte Raymundo M $80,624
Previous Owner Duarte Raymundo $77,607
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2015 07/09/15 Sold $127,000 +1.6% $75 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $125,000 -- $73 / 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 $827 $47,900 $28,700 $19,200
2024 $766 $47,900 $28,700 $19,200
2023 $510 $44,300 $27,650 $16,650
2022 $710 $38,543 $23,100 $15,443
2021 $657 $32,311 $20,300 $12,011
2020 $607 $30,861 $18,550 $12,311
2019 $569 $25,931 $14,000 $11,931
2018 $543 $23,347 $12,250 $11,097
2017 $777 $23,149 $12,250 $10,899
2016 $510 $19,395 $8,750 $10,645
2015 $507 $17,282 $7,000 $10,282
2014 $492 $15,519 $4,200 $11,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1536206

Las Vegas REALTORS®

APN: 139-23-815-027