NOT LISTED FOR SALE

2233 James Bilbray Dr Las Vegas, NV 89108

Michael Way Neighborhood

Estimated Value: $620,485 - $1,002,000

8 Beds
8 Baths
3,976 Sq Ft
$204/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $325,000 $82 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $5,315/month

247 Days on Market

Highlights

  • Community Pool
  • Storage
  • Carpet
  • Balcony
  • Central Heating and Cooling System

About This Home

As of October 2017

Northwest Area Fourplex building. 100 % occupied. Each unit featuring 2 Bedrooms, 2 Full Baths, open living room, separate dining area, breakfast counter. Separate storage, assigned parking spot. Community pool & spa. Across from elementary school, behind shopping plaza. Refrigerator, Microwave, Dishwasher, Washer & Dryer included, except Unit 202 no washer & dryer.

Last Agent to Sell the Property

Edgar Balagtas

Realty Brokers, Inc License #B.0034752 Listed on: 01/26/2017

Last Buyer's Agent

Lynn Dixon

Pulse Realty Group LLC License #S.0038728

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,990

Year Built

  • Built in 1998

Lot Details

  • 10,019

HOA Fees

  • $780 Monthly HOA Fees

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,976 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Storage
  • Dryer
  • Carpet

Kitchen

  • Microwave
  • Dishwasher

Parking

  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Property is in average condition

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • Association fees include management, ground maintenance, water
  • 4 Units
  • Rock Springs Vista Subdivision

Recreation

  • Community Pool

Building Details

  • Professional Management Expense $3,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,990

Year Built

Built in 1998

Lot Details

0

HOA Fees

$780 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Professional Management Expense: 3180.0
  • Subdivision Name: ROCK SPRINGS VISTA
  • Directions: From I-95/Lake Mead, go East on Lake Mead, North on James Bilbray, West on Balazar, quick Right onto the complex follow parking lot around to the North end. Property is the last building across from elementary school.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1998

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Microwave, Water Heater
  • Flooring: Carpet
  • Interior Amenities: Storage
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Balcony
  • Property Condition: Average Condition, Resale
  • Roof: Tile

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 800.0

Condo/Co-op/Association

  • Amenities: Pool, Cable TV
  • Association Fee: 780.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Current Use: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 33900.0
  • Insurance Expense: 1357.0

Tax Info

  • Tax Annual Amount: 1990.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2017
Closed on
Oct 26, 2017
Sold by
Jb Properties Llc
Bought by
Woods Craig
Seller's Agent
Edgar Balagtas
Realty Brokers, Inc
Buyer's Agent
Lynn Dixon
Pulse Realty Group LLC
List Price
$349,995
Sold Price
$325,000
Premium/Discount to List
-$24,995
-7.14%
Current Estimated Value
$809,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,621
Avg. Annual Appreciation
12.18%
Original Mortgage
$487,500
Outstanding Balance
$479,658
Interest Rate
3.83%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$329,963

Purchase Details

Closed on
Apr 29, 2013
Sold by
Garrey Mina V
Bought by
Jb Properties Llc

Purchase Details

Listed on
Sep 6, 2012
Closed on
Jan 23, 2013
Sold by
Young Bryan
Bought by
Garrey Mina V
Seller's Agent
Michael Snyder
Coldwell Banker Premier
Buyer's Agent
Arlene Henderson
Prominent Realty Group LLC
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%
Original Mortgage
$131,250
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2011
Sold by
Gmac Mortgage Llc
Bought by
Young Bryan

Purchase Details

Closed on
Jun 7, 2011
Sold by
Izuakor Charles A
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Nov 8, 2006
Sold by
Izuakor Chinwe Amaka
Bought by
Izuakor Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 26, 2006
Sold by
Medallo Edilberto
Bought by
Izuakor Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 26, 2005
Sold by
Medallo Victoria M
Bought by
Medallo Edilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
7.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 21, 2005
Sold by
Castro Esther Estrella
Bought by
Medallo Edilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
7.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 8, 2002
Sold by
Peredo Amado Paz and Peredo Felicidad F
Bought by
Castro Esther C

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
5.99%

Purchase Details

Closed on
Jul 30, 2001
Sold by
Summer Villas At Balzar Llc
Bought by
Peredo Amado Paz and Peredo Felicada F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
7.09%
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
Woods Craig $325,000 Ticor Title Las Vegas
Jb Properties Llc $175,000 None Available
Garrey Mina V $175,000 First American Title Paseo
Young Bryan $153,500 Chicago Title The Pointe
Gmac Mortgage Llc $119,000 Accommodation
Izuakor Charles A $580,000 Financial Title Company
Izuakor Charles A $580,000 Financial Title Company
Medallo Edilberto -- North American Title Co
Medallo Edilberto $430,000 North American Title Co
Castro Esther C $325,000 Stewart Title
Peredo Amado Paz $315,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods Craig $487,500
Previous Owner Garrey Mina V $131,250
Previous Owner Izuakor Charles A $464,000
Previous Owner Medallo Edilberto $387,000
Previous Owner Castro Esther C $260,000
Previous Owner Peredo Amado Paz $236,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2017 10/31/17 Sold $325,000 -7.1% $82 / Sq Ft
10/01/2017 10/01/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $349,995 +100.0% $88 / Sq Ft
01/28/2013 01/28/13 Sold $175,000 -12.5% $44 / Sq Ft View Prior Sale
12/29/2012 12/29/12 Pending -- -- --
09/06/2012 09/06/12 For Sale $199,900 -- $50 / 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 $2,712 $170,674 $57,400 $113,274
2024 $2,633 $170,674 $57,400 $113,274
2023 $2,633 $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

  • Edgar Balagtas

    Seller's Agent in 2017

    Edgar Balagtas

    Realty Brokers, Inc

    (702) 591-2700

    13 Total Sales

    Edgar Balagtas
    Section Image

  • L

    Buyer's Agent in 2017

    Lynn Dixon

    Pulse Realty Group LLC

    9 Total Sales

    Lynn Dixon
    Section Image

  • M

    Seller's Agent in 2013

    Michael Snyder

    Coldwell Banker Premier

  • A

    Buyer's Agent in 2013

    Arlene Henderson

    Prominent Realty Group LLC

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1865463

Las Vegas REALTORS®

APN: 138-23-124-067

Nevada Clark County Las Vegas 89108 Michael Way

2233 James Bilbray Dr, Las Vegas, NV

This home is located at 2233 James Bilbray Dr, Las Vegas, NV 89108 since 26 January 2017 and is currently estimated at $809,621, approximately $203 per square foot. This property was built in 1998. 2233 James Bilbray Dr is a home located in Clark County with nearby schools including Lilly & Wing Fong Elementary School, J. Harold Brinley Middle School, and Cimarron Memorial High School.

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