NOT LISTED FOR SALE

2225 Mccarran St North Las Vegas, NV 89030

Downtown North Las Vegas Neighborhood

Estimated Value: $550,000 - $699,000

8 Beds
4 Baths
3,376 Sq Ft
$178/Sq Ft Est. Value

Last Sold April 25, 2016

Last sale price $240,000 $71 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $3,186/month

78 Days on Market

Highlights

  • Balcony
  • No Heating
  • 4-minute walk to Joe Kneip Park
  • Ceramic Tile Flooring

About This Home

As of April 2016

Fourplex with all 4 units remodeled. All units 2 bed 1 bath with ceramic flooring. Each unit has Laundry area and storage closet. All units are rented at $600.

Last Agent to Sell the Property

Yeranhui Arakelyan

A&E Realty Commercial Mgmt License #B.1001640 Listed on: 01/07/2016

Last Buyer's Agent

Jude Nassar

Vibrant Realty License #B.0067504

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,257

Year Built

  • Built in 1980

Lot Details

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

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,376 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range
  • Disposal

Additional Features

  • Balcony
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, water
  • Legal Lot and Block 4 / 20

Community Details

Overview

  • Arrowhead Acres Tract Subdivision

Building Details

  • Maintenance Expense $400
  • Professional Management Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,257

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 10.1
  • Professional Management Expense: 200.0
  • Subdivision Name: ARROWHEAD ACRES TRACT
  • Directions: Lake Mead and Easter, East on Lake Mead and North on McCarran.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1980
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1980

Interior Features

  • Number Of Buildings: 1
  • Appliances: Disposal, Oven, Range, Refrigerator
  • Flooring: Ceramic Tile
  • Living Area: 3376.0

Exterior Features

  • Construction Type: Stucco
  • Patio And Porch Features: Balcony
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Other
  • Heating: None, Other
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1440.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

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

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 27936.0
  • Insurance Expense: 2500.0
  • Maintenance Expense: 400.0
  • Annual Operating Expense: 3200.0

Tax Info

  • Tax Annual Amount: 1257.0
  • Tax Block: 20
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Horie Satoko
Bought by
Horie Satoko
Current Estimated Value
$546,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$369,140
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$169,962

Purchase Details

Closed on
Sep 20, 2023
Sold by
Horie Satoko
Bought by
Alfaro Angel A Avila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$369,140
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$169,962

Purchase Details

Listed on
Jan 7, 2016
Closed on
Jun 16, 2016
Sold by
Fitzpatrick Laura B
Bought by
Satoko Horie
Seller's Agent
Yeranhui Arakelyan
A&E Realty Commercial Mgmt
Buyer's Agent
Jude Nassar
Vibrant Realty
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%

Purchase Details

Listed on
Jan 7, 2016
Closed on
Apr 20, 2016
Sold by
2225 Mccaran Llc
Bought by
Z Zeb Group Llc
Seller's Agent
Yeranhui Arakelyan
A&E Realty Commercial Mgmt
Buyer's Agent
Jude Nassar
Vibrant Realty
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%

Purchase Details

Listed on
Jan 7, 2016
Closed on
Apr 15, 2016
Sold by
Z Leb Group Llc
Bought by
Horie Satoko
Seller's Agent
Yeranhui Arakelyan
A&E Realty Commercial Mgmt
Buyer's Agent
Jude Nassar
Vibrant Realty
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%

Purchase Details

Listed on
Jun 12, 2013
Closed on
Aug 8, 2013
Sold by
Us Department Of Hud
Bought by
Rolev 2 Llc
Seller's Agent
Aissa Gomez
Realty of America LLC
Buyer's Agent
Ovidiu Ene
Ameropan Realty and Property
List Price
$112,000
Sold Price
$117,902
Premium/Discount to List
$5,902
5.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.12%

Purchase Details

Listed on
Jun 12, 2013
Closed on
Jul 1, 2013
Sold by
Rolev 2 Llc
Bought by
2225 Mccarran Llc
Seller's Agent
Aissa Gomez
Realty of America LLC
Buyer's Agent
Ovidiu Ene
Ameropan Realty and Property
List Price
$112,000
Sold Price
$117,902
Premium/Discount to List
$5,902
5.27%

Purchase Details

Closed on
Jul 12, 2011
Sold by
Us Bank Na
Bought by
Us Department Of Hud

Purchase Details

Closed on
Jun 21, 2010
Sold by
Ortega Javier
Bought by
Us Bank National Association and Universal Mortgage Corporation

Purchase Details

Closed on
Apr 1, 2004
Sold by
Castro Pedro R and Valdivia Maria
Bought by
Ortega Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,137
Interest Rate
5.57%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2002
Sold by
Byham James and Byham Patricia
Bought by
Castro Pedro R and Valdivia Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.83%

Purchase Details

Closed on
Apr 24, 1997
Sold by
California Federal Bank Fsb
Bought by
Byham James and Byham Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
8.14%

Purchase Details

Closed on
Aug 23, 1994
Sold by
Hernandez David
Bought by
Grq Equities
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
Horie Satoko -- Driggs Title Agency
Alfaro Angel A Avila $500,000 Driggs Title Agency
Satoko Horie -- None Available
Z Zeb Group Llc $240,000 Fidelity National Title
Horie Satoko $820,000 Fidelity National Title
Rolev 2 Llc $117,902 Monument Title Insurance
2225 Mccarran Llc $127,902 None Available
Us Department Of Hud $250,786 None Available
Us Bank National Association $250,786 None Available
Ortega Javier $252,000 Fidelity National Title
Castro Pedro R $209,000 Old Republic Title Company
Byham James $122,000 First American Title Co
Grq Equities -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alfaro Angel A Avila $375,000
Previous Owner Ortega Javier $246,137
Previous Owner Castro Pedro R $167,200
Previous Owner Byham James $97,600
Closed Castro Pedro R $41,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2016 04/25/16 Sold $240,000 -3.6% $71 / Sq Ft
03/26/2016 03/26/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $249,000 +111.2% $74 / Sq Ft
08/15/2013 08/15/13 Sold $117,902 +5.3% $35 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $112,000 -- $33 / 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 $2,044 $85,505 $43,750 $41,755
2024 $30,857 $85,505 $43,750 $41,755
2023 $30,857 $85,434 $45,500 $39,934
2022 $1,754 $75,432 $36,750 $38,682
2021 $1,624 $67,156 $29,750 $37,406
2020 $1,505 $65,456 $27,300 $38,156
2019 $1,410 $61,178 $22,750 $38,428
2018 $1,346 $58,633 $21,000 $37,633
2017 $1,808 $53,909 $15,750 $38,159
2016 $1,261 $52,605 $12,600 $40,005
2015 $1,257 $48,545 $8,750 $39,795
2014 $1,218 $42,572 $7,000 $35,572
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2016

    Yeranhui Arakelyan

    A&E Realty Commercial Mgmt

  • Jude Nassar

    Buyer's Agent in 2016

    Jude Nassar

    Vibrant Realty

    (702) 836-9836

    4 in this area

    93 Total Sales

    Section Image
  • Aissa Gomez

    Seller's Agent in 2013

    Aissa Gomez

    Realty of America LLC

    (702) 521-6708

    3 in this area

    159 Total Sales

    Section Image

  • O

    Buyer's Agent in 2013

    Ovidiu Ene

    Ameropan Realty and Property

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1598291

Las Vegas REALTORS®

APN: 139-24-110-127

Nevada Clark County North Las Vegas 89030 Downtown North Las Vegas

2225 Mccarran St, North Las Vegas, NV

This home is located at 2225 Mccarran St, North Las Vegas, NV 89030 since 07 January 2016 and is currently estimated at $602,412, approximately $178 per square foot. This property was built in 1980. 2225 Mccarran St is a home located in Clark County with nearby schools including Marion E. Cahlan Elementary School, Von Tobel Middle School, and Rancho High School.

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