NOT LISTED FOR SALE

Estimated Value: $606,000 - $903,000

8 Beds
4 Baths
3,224 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 11, 2019

Last sale price $1,200,000 $372 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $5,725/month

55 Days on Market

About This Home

As of September 2019

The Kaplan Apartments consist of (3) Four plexs and (1) Duplex totaling 14 apartments. All units have 2 bed/1 bath. The buildings are relatively new compared to many small apartment buildings with a 1984 year of construction. The buildings are in excellent condition, as are the roofs and all units have washer/dryer hook-ups. This 14 Unit Complex has 4 parcel numbers, giving you the flexibility to sell them off individually in the future

Last Agent to Sell the Property

Ryan Crighton

Rothwell Gornt Companies License #BS.0000254 Listed on: 06/17/2019

Last Buyer's Agent

Brunilde Macuaran

Win Win Real Estate License #S.0187681

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,863

Year Built

  • Built in 1984

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $1,540 Monthly HOA Fees

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Pitched Roof
  • Stucco

Interior Spaces

  • 3,224 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • Association fees include insurance, trash, water
  • 4 Buildings
  • Sunshine Village Subdivision

Building Details

  • Maintenance Expense $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,863

Year Built

Built in 1984

Lot Details

0

HOA Fees

$1,540 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • CapRate: 6.2
  • Subdivision Name: SUNSHINE VILLAGE
  • Directions: The complex is located just off of Rancho and the US-95 freeway exit, making it extremely convenient for Tenants.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1984
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Number Of Buildings: 4
  • Appliances: Electric Water Heater, Refrigerator
  • Flooring: Tile
  • Interior Amenities: None

Exterior Features

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 3844.0

Condo/Co-op/Association

  • Amenities: None
  • Association Fee: 18480.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Insurance, Trash, Water

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 1
  • Maintenance Expense: 2000.0
  • Annual Operating Expense: 29187.0

Tax Info

  • Tax Annual Amount: 4863.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Sep 9, 2019
Sold by
That Longo Investments Ii Llc
Bought by
Vechy Llc
Seller's Agent
Ryan Crighton
Rothwell Gornt Companies
Buyer's Agent
Brunilde Macuaran
Win Win Real Estate
List Price
$1,345,000
Sold Price
$1,200,000
Premium/Discount to List
-$145,000
-10.78%
Current Estimated Value
$756,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$444,000
Avg. Annual Appreciation
-7.29%
Original Mortgage
$720,000
Outstanding Balance
$631,952
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$124,048

Purchase Details

Closed on
Oct 8, 2014
Sold by
Lorenzo Grace A
Bought by
Lorenzo Grace A and Dml Trust

Purchase Details

Closed on
Feb 5, 2014
Sold by
Longo Investments Ii Llc
Bought by
Lorenzo Grace A and Dml Trust

Purchase Details

Closed on
Mar 22, 2007
Sold by
Lorenzo Daniel M and Lorenzo Grace A
Bought by
Longo Investments Ii Llc

Purchase Details

Closed on
May 23, 2005
Sold by
Lorenzo Daniel M and Lorenzo Grace A
Bought by
Lorenzo Daniel M and Lorenzo Grace A

Purchase Details

Closed on
Mar 30, 1998
Sold by
Lorenzo Daniel M and Lorenzo Grace A
Bought by
Lorenzo Daniel M and Lorenzo Grace A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
7.06%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vechy Llc $1,200,000 Driggs Title Agency Inc
Lorenzo Grace A -- None Available
Longo Investments Ii Llc -- None Available
Lorenzo Grace A -- None Available
Lorenzo Grace A -- None Available
Longo Investments Ii Llc -- None Available
Lorenzo Daniel M -- --
Lorenzo Daniel M -- Nevada Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vechy Llc $720,000
Previous Owner Lorenzo Daniel M $116,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2019 09/11/19 Sold $1,200,000 -10.8% $372 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $1,345,000 -- $417 / 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 $2,107 $83,526 $35,000 $48,526
2024 $1,952 $83,526 $35,000 $48,526
2023 $1,299 $80,885 $35,000 $45,885
2022 $1,807 $75,639 $31,500 $44,139
2021 $1,674 $70,442 $28,000 $42,442
2020 $1,551 $71,092 $28,000 $43,092
2019 $1,454 $59,279 $16,100 $43,179
2018 $1,387 $56,100 $14,000 $42,100
2017 $1,809 $55,181 $12,600 $42,581
2016 $1,299 $49,413 $9,100 $40,313
2015 $1,296 $38,276 $8,400 $29,876
2014 $1,255 $47,586 $4,200 $43,386
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2107108

Las Vegas REALTORS®

APN: 139-29-712-006