NOT LISTED FOR SALE

2280 N Lamb Blvd Las Vegas, NV 89115

Estimated Value: $605,000 - $737,000

8 Beds
4 Baths
3,094 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 21, 2016

Last sale price $210,000 $68 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $3,551/month

28 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring
  • Property is in very good condition

About This Home

As of June 2016

This single story 4 plex was built in 1979 and has all 2 bedroom 1 bathroom units. Currently 3 of the 4 units are rented with a tenant scheduled to move in within 2 weeks. Large lot which is completely gated offering tenants quiet and secure grounds to enjoy. 11.5% CAP Wont last Long. Priced to sell fast don't miss out

Last Agent to Sell the Property

Paul Macaluso

Simply Vegas License #BS.0145166 Listed on: 05/23/2016

Simply Vegas

Last Buyer's Agent

Shaun Razmy

Cornel Realty LLC License #S.0178046

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,440

Year Built

  • Built in 1979

Lot Details

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

Home Design

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

Interior Spaces

  • 3,094 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Laundry Room

Kitchen

  • Oven
  • Range with Range Hood

Parking

  • 7 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 7 / 1

Community Details

Building Details

  • Maintenance Expense $1
  • Professional Management Expense $1

Additional Features

  • Frontier North Subdivision
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,440

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • CapRate: 11.3
  • Professional Management Expense: 1.0
  • Subdivision Name: FRONTIER NORTH
  • Directions: Exit I15 to Lake Mead, Head East on Lake Mead to Lamb, North on Lamb, Property on right side before light at Carey.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1979
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1979

Interior Features

  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Oven, Range, Refrigerator, Range Hood
  • Flooring: Ceramic Tile
  • Living Area: 3094.0

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Stucco, Wood Frame
  • Property Condition: Resale, Very Good Condition
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2104.0

Lot Info

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

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 27671.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 3942.0

Tax Info

  • Tax Annual Amount: 1440.0
  • Tax Block: 1
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2018
Sold by
Razmy Shaun
Bought by
Razmy Shaun and Shaun Razmy Living Trust
Current Estimated Value
$656,667

Purchase Details

Listed on
May 23, 2016
Closed on
Jun 20, 2016
Sold by
Haddad Iyad
Bought by
Razmy Shaun
Seller's Agent
Paul Macaluso
Simply Vegas
Buyer's Agent
Shaun Razmy
Cornel Realty LLC
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.95%

Purchase Details

Listed on
May 23, 2016
Closed on
May 23, 2016
Sold by
Quality Loan Service Corporation
Bought by
N Lamb Boulevard Trust
Seller's Agent
Paul Macaluso
Simply Vegas
Buyer's Agent
Shaun Razmy
Cornel Realty LLC
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%

Purchase Details

Closed on
Apr 26, 2013
Sold by
Sanchez Ruben
Bought by
Sanchez Ruben S and Sanchez Sandra M

Purchase Details

Closed on
May 11, 2006
Sold by
Sanchez Sandra M
Bought by
Sanchez Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
7.37%

Purchase Details

Closed on
Apr 17, 2006
Sold by
Kim Ki Y
Bought by
Sanchez Ruben S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
7.37%

Purchase Details

Closed on
Nov 8, 2005
Sold by
Dickey Bill and Dicky Ruth H
Bought by
Kim Ki Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 14, 2004
Sold by
Dickey Bill and Dickey Ruth H
Bought by
Dickey Bill and Dickey Ruth H

Purchase Details

Closed on
Jan 2, 2003
Sold by
Dickey Bill and Dickey Ruth
Bought by
Dickey Bill and Dickey Ruth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.96%

Purchase Details

Closed on
Nov 1, 2001
Sold by
Dickey Bill and Dickey Ruth H
Bought by
Dickey Bill and Dickey Ruth H
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
Razmy Shaun -- Fidelity National Title
Razmy Shaun $210,000 Fidelity National Title
N Lamb Boulevard Trust $120,000 None Available
Sanchez Ruben S -- None Available
Sanchez Ruben -- National Title Company
Sanchez Ruben S $419,900 National Title Company
Kim Ki Y $380,000 National Title Company
Dickey Bill -- --
Dickey Bill -- Equity Title Of Nevada
Dickey Bill -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Ruben S $328,000
Previous Owner Kim Ki Y $266,000
Previous Owner Dickey Bill $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2016 06/21/16 Sold $210,000 +5.1% $68 / Sq Ft
05/23/2016 05/23/16 For Sale $199,900 -- $65 / 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 $1,283 $84,828 $48,650 $36,178
2024 $1,189 $84,828 $48,650 $36,178
2023 $1,189 $78,875 $44,100 $34,775
2022 $1,101 $70,499 $36,750 $33,749
2021 $1,019 $62,434 $29,750 $32,684
2020 $944 $61,780 $28,350 $33,430
2019 $884 $57,853 $24,150 $33,703
2018 $844 $49,819 $16,800 $33,019
2017 $1,272 $43,381 $9,800 $33,581
2016 $1,441 $42,304 $7,000 $35,304
2015 $1,440 $34,792 $7,000 $27,792
2014 $765 $41,701 $7,000 $34,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1633770

Las Vegas REALTORS®

APN: 140-20-111-010