NOT LISTED FOR SALE

2281 Exeter Dr Las Vegas, NV 89156

Estimated Value: $478,751 - $808,000

8 Beds
8 Baths
4,612 Sq Ft
$141/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $192,500 $42 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $3,702/month

103 Days on Market

Highlights

  • Balcony
  • Storage
  • Ceiling Fan
  • Laundry Room
  • Central Heating and Cooling System
  • Carpet

About This Home

As of March 2016

Nice multiple family Fourplex and great investment property w/ no HOA fees, 4 apt. w. 2 bedrooms, 2 full baths, featuring Las Vegas City and mountain views. Near shopping centers, easy access to Lake Mead. Currently 3 apt. rented out for $550, $550 and $615. Large paved parking lot, large backyard.

Last Agent to Sell the Property

Petra Krolzyk

Compass Realty & Management License #S.0175218 Listed on: 11/05/2015

Compass Realty & Management

Last Buyer's Agent

Lucas Rekdahl

LIFE Realty District License #S.0078468

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,190

Year Built

  • Built in 1983

Lot Details

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

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,612 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Storage
  • Carpet

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 8 Parking Spaces
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 7 / 3

Community Details

Overview

  • 2 Units
  • Sierra Sunrise #05B Subdivision

Building Details

  • Maintenance Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,190

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 9.35
  • Subdivision Name: SIERRA SUNRISE #05B
  • Directions: From E Lake Mead Blvd & N Hollywood Blvd, E on Lake Mead Blvd, N on Radwick Dr, E on Kilgore Dr, N on Exeter Dr
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Exhaust Fan, Oven, Range, Refrigerator, Range Hood
  • Flooring: Carpet, Other
  • Interior Amenities: Ceiling Fan(s), Storage
  • Living Area: 4612.0

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Paved
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1780.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

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

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23715.0
  • Insurance Expense: 938.0
  • Maintenance Expense: 600.0
  • Annual Operating Expense: 5008.0

Tax Info

  • Tax Annual Amount: 1190.0
  • Tax Block: 3
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2023
Sold by
Unda-Luquin Juan Carlos
Bought by
Unda-Luquin Juan Carlos
Current Estimated Value
$651,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Outstanding Balance
$396,881
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving
Estimated Equity
$281,626

Purchase Details

Listed on
Nov 5, 2015
Closed on
Mar 16, 2016
Sold by
Caldwell Stephen W and Caldwell Lisa G
Bought by
Unda Juan C
Seller's Agent
Petra Krolzyk
Compass Realty & Management
Buyer's Agent
Lucas Rekdahl
LIFE Realty District
List Price
$200,000
Sold Price
$192,500
Premium/Discount to List
-$7,500
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%
Original Mortgage
$144,375
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2003
Sold by
Colbert Rod
Bought by
Caldwell Stephen W and Caldwell Lisa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 16, 1999
Sold by
Colbert Julie Ann
Bought by
Colbert Rod

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.89%

Purchase Details

Closed on
Sep 8, 1999
Sold by
Collins Laquintes L
Bought by
Colbert Rod

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.89%
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
Unda-Luquin Juan Carlos -- --
Unda Juan C $192,500 Fidelity National Title L
Caldwell Stephen W $248,000 Stewart Title Of Nevada
Colbert Rod -- Stewart Title
Colbert Rod $200,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unda-Luquin Juan Carlos $408,000
Previous Owner Unda Juan C $144,375
Previous Owner Caldwell Stephen W $160,000
Previous Owner Caldwell Stephen W $177,350
Previous Owner Caldwell Stephen W $80,000
Previous Owner Caldwell Stephen W $186,000
Previous Owner Colbert Rod $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $192,500 -3.8% $42 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
11/05/2015 11/05/15 For Sale $200,000 -- $43 / 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 $1,935 $114,834 $48,300 $66,534
2024 $1,793 $114,834 $48,300 $66,534
2023 $1,793 $107,702 $44,800 $62,902
2022 $1,660 $99,354 $38,850 $60,504
2021 $1,537 $91,035 $32,550 $58,485
2020 $1,425 $85,159 $26,250 $58,909
2019 $1,335 $82,984 $23,800 $59,184
2018 $1,274 $76,178 $18,200 $57,978
2017 $2,040 $69,572 $11,025 $58,547
2016 $1,193 $63,512 $10,500 $53,012
2015 $1,190 $50,730 $8,400 $42,330
2014 $1,159 $44,663 $8,400 $36,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1586474

Las Vegas REALTORS®

APN: 140-23-111-040