NOT LISTED FOR SALE

Estimated Value: $391,300 - $679,000

8 Beds
4 Baths
3,040 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 14, 2015

Last sale price $180,000 $59 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $3,258/month

152 Days on Market

Highlights

  • No HOA
  • Landscaped
  • Property is in very good condition
  • Laundry Room
  • Central Heating and Cooling System
  • Carpet

About This Home

As of October 2015

Great 4-Plex owner has re poured concrete floors, newer A/C heat units, newer cabinetry. Building has additional laundry room income and storages. Also For Sale have 2241 Statz,, 2308 Statz and 2240 Ellis

Last Agent to Sell the Property

Gisela Galvan

RE/MAX CENTRAL License #S.0032250 Listed on: 04/14/2015

Last Buyer's Agent

Paul Macaluso

Simply Vegas License #BS.0145166

Simply Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $688

Year Built

  • Built in 1963

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped
  • Property is in very good condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Pitched Roof
  • Stucco

Interior Spaces

  • 3,040 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Carpet
  • Laundry Room

Kitchen

  • Oven
  • Range

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 3 / 38

Community Details

Overview

  • No Home Owners Association
  • Arrowhead Acres Tract Subdivision

Building Details

  • Maintenance Expense $50

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$688

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • CapRate: 10.53
  • Subdivision Name: ARROWHEAD ACRES TRACT
  • Directions: From I-15 and Lake Mead, exit EAST on Lake Mead to Statz, North on Statz to property
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet
  • Living Area: 3040.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 398.0

Condo/Co-op/Association

  • Amenities: Landscaping
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 24000.0
  • Insurance Expense: 45.0
  • Maintenance Expense: 50.0
  • Annual Operating Expense: 4776.0

Tax Info

  • Tax Annual Amount: 688.0
  • Tax Block: 38
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2015
Closed on
Oct 15, 2015
Sold by
Marinaccio Anthony
Bought by
Amv Investments Llc
Seller's Agent
Gisela Galvan
RE/MAX CENTRAL
Buyer's Agent
Paul Macaluso
Simply Vegas
List Price
$194,999
Sold Price
$180,000
Premium/Discount to List
-$14,999
-7.69%
Current Estimated Value
$580,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,325
Avg. Annual Appreciation
12.30%
Original Mortgage
$126,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2015
Closed on
Oct 7, 2015
Sold by
Sun And Llc
Bought by
Marinaccio Anthony
Seller's Agent
Gisela Galvan
RE/MAX CENTRAL
Buyer's Agent
Paul Macaluso
Simply Vegas
List Price
$194,999
Sold Price
$180,000
Premium/Discount to List
-$14,999
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2007
Sold by
Dumke James N and Dumke Sandra D
Bought by
Sun & Llc

Purchase Details

Closed on
Dec 9, 2002
Sold by
Dumke James N and Dumke Sandra D
Bought by
Dumke James N and Dumke Sandra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
6.28%

Purchase Details

Closed on
Dec 4, 2002
Sold by
Dumke James N and Dumke Sandra D
Bought by
Dumke James N and Dumke Sandra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
6.28%

Purchase Details

Closed on
Sep 16, 1997
Sold by
Dumke James N and Dumke Sandra D
Bought by
Dumke James N and Dumke Sandra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,250
Interest Rate
7.54%
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
Amv Investments Llc -- None Available
Marinaccio Anthony $180,000 Fidelity National Title
Sun & Llc -- None Available
Dumke James N -- --
Dumke James N -- National Title Company
Dumke James N -- --
Dumke James N -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marinaccio Anthony $126,000
Previous Owner Dumke James N $98,400
Previous Owner Dumke James N $98,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2015 10/14/15 Sold $180,000 -7.7% $59 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $194,999 -- $64 / 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 $1,154 $72,628 $43,750 $28,878
2024 $1,069 $72,628 $43,750 $28,878
2023 $1,069 $70,813 $45,500 $25,313
2022 $990 $60,286 $36,750 $23,536
2021 $917 $51,627 $29,750 $21,877
2020 $849 $48,792 $27,300 $21,492
2019 $796 $43,628 $22,750 $20,878
2018 $759 $40,711 $21,000 $19,711
2017 $1,177 $35,092 $15,750 $19,342
2016 $712 $31,590 $12,600 $18,990
2015 $711 $27,072 $8,750 $18,322
2014 $688 $22,895 $7,000 $15,895
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1531665

Las Vegas REALTORS®

APN: 139-24-110-278