NOT LISTED FOR SALE

2240 Dolly Ln Las Vegas, NV 89115

Estimated Value: $520,772 - $666,000

8 Beds
4 Baths
3,136 Sq Ft
$196/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $190,000 $61 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $3,325/month

65 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Carpet

About This Home

As of December 2015

Great for investment property!!! Three out of the four units are with tenants in place. The four plex has a laundry room with washer and dryer that is coin operated

Last Agent to Sell the Property

Irina Veranova

BHHS Nevada Properties License #S.0174427 Listed on: 09/18/2015

BHHS Nevada Properties

Last Buyer's Agent

Lusine Keshishian

Keller Williams MarketPlace License #S.0063944

Keller Williams MarketPlace

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $784

Year Built

  • Built in 1975

Lot Details

  • 9,583 Sq Ft Lot
  • Property is in good condition

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Dishwasher
  • Laundry Room

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Lot 1

Community Details

Building Details

  • Maintenance Expense $100
  • Professional Management Expense $128

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$784

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • CapRate: 9.09
  • Professional Management Expense: 128.0
  • Subdivision Name: NONE
  • Directions: From Nellis and Carey west on Carey to Dolly Ln,left on Dolly . Property is on the left
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1975
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1975

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher
  • Flooring: Carpet
  • Living Area: 3136.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 120.0

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19608.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 100.0
  • Annual Operating Expense: 1520.0

Tax Info

  • Tax Annual Amount: 784.0
  • Tax Block: 0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
Dec 17, 2015
Sold by
Dang Mark T
Bought by
Carter Dustin S
Seller's Agent
Irina Veranova
BHHS Nevada Properties
Buyer's Agent
Lusine Keshishian
Keller Williams MarketPlace
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%
Current Estimated Value
$613,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,693
Avg. Annual Appreciation
12.64%
Original Mortgage
$186,558
Outstanding Balance
$149,378
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$464,315

Purchase Details

Listed on
Jan 26, 2012
Closed on
Mar 23, 2012
Sold by
Wendys Real Estate Llc
Bought by
Dang Mark T
Seller's Agent
Wendy Cherrington
Orange Realty Group LLC
Buyer's Agent
Margi Baird
Realty ONE Group, Inc
List Price
$147,000
Sold Price
$130,000
Premium/Discount to List
-$17,000
-11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%
Original Mortgage
$89,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2012
Sold by
Estrada Gabriel and Estrada Maria
Bought by
Wendys Real Estate Llc

Purchase Details

Closed on
Jun 26, 2006
Sold by
Estrada Gabriel and Estrada Manzo Gabriel
Bought by
Estrada Gabriel and Estrada Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2005
Sold by
Noriega Maria De La Cruz
Bought by
Estrada Manzo Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2000
Sold by
Estrada Manzo Gabriel
Bought by
Estrada Manzo Gabriel and Noriega Maria Delacruz

Purchase Details

Closed on
Sep 16, 1999
Sold by
Noriega Maria Delacruz
Bought by
Estrada Manzo Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,710
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 1994
Sold by
Larsen Jon R and Larsen Dee Ann
Bought by
Petersen Leslie M and Petersen Betty Jean
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
Carter Dustin S $190,000 Ticor Title Las Vegas
Dang Mark T $130,000 Nevada Title Las Vegas
Wendys Real Estate Llc $61,100 None Available
Estrada Gabriel -- Ticor Title Of Nevada Inc
Estrada Manzo Gabriel -- Old Republic Title Co Of Nv
Estrada Manzo Gabriel -- --
Estrada Manzo Gabriel -- Old Republic Title Company
Estrada Manzo Gabriel $154,000 Old Republic Title Company
Petersen Leslie M $94,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Dustin S $186,558
Previous Owner Dang Mark T $89,250
Previous Owner Estrada Gabriel $322,500
Previous Owner Estrada Manzo Gabriel $262,500
Previous Owner Estrada Manzo Gabriel $152,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2015 12/23/15 Sold $190,000 -4.5% $61 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
09/18/2015 09/18/15 For Sale $199,000 +53.1% $63 / Sq Ft
03/29/2012 03/29/12 Sold $130,000 -11.6% $41 / Sq Ft View Prior Sale
02/28/2012 02/28/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $147,000 -- $47 / 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 $1,276 $80,620 $48,650 $31,970
2024 $1,182 $80,620 $48,650 $31,970
2023 $1,182 $75,485 $44,100 $31,385
2022 $1,095 $67,459 $36,750 $30,709
2021 $1,014 $59,729 $29,750 $29,979
2020 $939 $59,224 $28,350 $30,874
2019 $880 $55,485 $24,150 $31,335
2018 $839 $47,727 $16,800 $30,927
2017 $1,216 $41,463 $9,800 $31,663
2016 $787 $40,554 $7,000 $33,554
2015 $784 $33,542 $7,000 $26,542
2014 $760 $40,634 $7,000 $33,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1574541

Las Vegas REALTORS®

APN: 140-20-101-018