NOT LISTED FOR SALE

Estimated Value: $684,000 - $785,000

8 Beds
4 Baths
2,332 Sq Ft
$313/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $312,500 $134 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $4,079/month

452 Days on Market

Highlights

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

About This Home

As of February 2017

Apartment Complex in Historic East Fremont District. Minutes from Container Park, Maryland Pkwy. transportation. Quiet & Charming enclave near the excitement of Downtown Las Vegas. Adjoining Parcels 221 & 225 S. 10th sold together. Two single story buildings with center courtyard, 8 units total, all fully occupied.

Last Agent to Sell the Property

The Clemens Team

Coldwell Banker Premier License #S.0174459 Listed on: 10/16/2015

Coldwell Banker Premier

Last Buyer's Agent

The Clemens Team

Coldwell Banker Premier License #S.0174459 Listed on: 10/16/2015

Coldwell Banker Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $821

Year Built

  • Built in 1951

Lot Details

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

Parking

  • 4.5 Parking Spaces

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Pitched Roof

Interior Spaces

  • 2,332 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 11 / 7

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Pioneer Hgts Add Subdivision

Building Details

  • Maintenance Expense $2,644

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$821

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 14.21
  • Subdivision Name: PIONEER HGTS ADD
  • Directions: Go N on I-15; Exit Charleston and go E; N on 10th; Pass Bridger; parcel will be on R
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1951
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1951

Interior Features

  • Number Of Buildings: 1
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None
  • Living Area: 2332.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4.5

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 3376.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 54648.0
  • Insurance Expense: 2676.0
  • Maintenance Expense: 2644.0
  • Annual Operating Expense: 8461.0

Tax Info

  • Tax Annual Amount: 821.0
  • Tax Block: 7
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2021
Sold by
The Pioneer Llc
Bought by
5Kor Holdings Llc
Current Estimated Value
$729,667

Purchase Details

Closed on
Jul 1, 2005
Sold by
Mintz Morris
Bought by
Synergy Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.55%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
5Kor Holdings Llc $2,470,000 Wfg National Title Compan
Synergy Property Llc $775,000 Lawyers Title Of Nevada
Mintz Morris -- Lawyers Title Of Nevada
Mintz Morris -- Lawyers Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Synergy Property Llc $250,000
Previous Owner Synergy Property Llc $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2017 02/10/17 Sold $312,500 -3.8% $134 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
10/16/2015 10/16/15 For Sale $325,000 -- $139 / 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 $1,335 $72,042 $46,900 $25,142
2024 $1,236 $72,042 $46,900 $25,142
2023 $1,236 $64,035 $42,000 $22,035
2022 $1,145 $51,235 $30,800 $20,435
2021 $1,061 $46,998 $28,000 $18,998
2020 $982 $46,622 $28,000 $18,622
2019 $920 $46,079 $28,000 $18,079
2018 $878 $42,274 $25,200 $17,074
2017 $1,237 $37,745 $21,000 $16,745
2016 $823 $33,190 $16,800 $16,390
2015 $822 $31,213 $15,400 $15,813
2014 $796 $30,617 $15,400 $15,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1581559

Las Vegas REALTORS®

APN: 139-34-712-064