NOT LISTED FOR SALE

Estimated Value: $352,447 - $379,000

5 Beds
2 Baths
1,701 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $114,000 $67 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $2,026/month

151 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of December 2016

3BR unit is rented with a month/month tenant at $550 a month, and other unit is rented for $500 month/month, buyer has the option to renew lease at first of month.Property sold as is where is,no warranties written or implied,buyer is to do their own due diligence.Seller strongly recommends buyer to hire professional trades people to do all inspections; including code,seismic,structural,electrical,plumbing & all other at buyer's own expense.All appliances stay with the units.

Last Agent to Sell the Property

Amanda Brown

Platinum Real Estate Prof License #S.0076837 Listed on: 06/14/2016

Last Buyer's Agent

Lizeth Ferracin

Rossum Realty Unlimited License #S.0176017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $501

Year Built

  • Built in 1954

Lot Details

  • 5,663 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,701 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Parking

  • 2 Parking Spaces
  • Covered Parking

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water

Community Details

Overview

  • Grandview Park Subdivision

Building Details

  • Maintenance Expense $500
  • Professional Management Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$501

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • CapRate: 8.0
  • Professional Management Expense: 1500.0
  • Subdivision Name: GRANDVIEW PARK
  • Directions: From Lake Mead/Civic Center, S on Civic Center, W on Stanley to the Property.
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: RESALE
  • Year Built: 1954
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built: 1954

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Flooring: Ceramic Tile

Exterior Features

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

Garage/Parking

  • Parking Features: Covered
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 130.0

Lot Info

  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas, Sewer, Water

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 11340.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 500.0
  • Annual Operating Expense: 1500.0

Tax Info

  • Tax Annual Amount: 501.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2016
Closed on
Dec 13, 2016
Sold by
Chopra P Kumar
Bought by
Rivas Rincon Salvador
Seller's Agent
Amanda Brown
Platinum Real Estate Prof
Buyer's Agent
Lizeth Ferracin
Rossum Realty Unlimited
List Price
$122,000
Sold Price
$114,000
Premium/Discount to List
-$8,000
-6.56%
Current Estimated Value
$367,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,362
Avg. Annual Appreciation
14.35%
Original Mortgage
$85,500
Outstanding Balance
$41,563
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$327,463

Purchase Details

Closed on
Mar 26, 2010
Sold by
Chopra Ritu
Bought by
Chopra P Kumar

Purchase Details

Closed on
Mar 17, 2010
Sold by
Citibank Na
Bought by
Chopra P Kumar

Purchase Details

Closed on
May 29, 2009
Sold by
Rangel Zoila E
Bought by
Citibank Na

Purchase Details

Closed on
Mar 29, 2007
Sold by
Rangel Antonio G and Rangel Zoila E
Bought by
Rangel Zoila E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 1996
Sold by
Webbster Corp
Bought by
Rangel Antonio G and Rangel Zoila E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,607
Interest Rate
7.41%
Mortgage Type
FHA
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
Rivas Rincon Salvador $114,000 Noble Title
Chopra P Kumar -- Chicago Title Las Vegas
Chopra P Kumar $46,000 Chicago Title Las Vegas
Citibank Na $69,521 Accommodation
Rangel Zoila E -- Chicago Title
Rangel Antonio G $78,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivas Rincon Salvador $85,500
Previous Owner Rangel Zoila E $225,000
Previous Owner Rangel Antonio G $173,000
Previous Owner Rangel Antonio G $112,157
Previous Owner Rangel Antonio G $77,607
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2016 12/13/16 Sold $114,000 -6.6% $67 / Sq Ft
11/13/2016 11/13/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $122,000 -- $72 / 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 $816 $47,900 $28,700 $19,200
2024 $756 $47,900 $28,700 $19,200
2023 $503 $44,300 $27,650 $16,650
2022 $700 $38,543 $23,100 $15,443
2021 $648 $32,311 $20,300 $12,011
2020 $599 $30,861 $18,550 $12,311
2019 $562 $25,931 $14,000 $11,931
2018 $536 $23,347 $12,250 $11,097
2017 $777 $23,149 $12,250 $10,899
2016 $503 $19,395 $8,750 $10,645
2015 $501 $17,282 $7,000 $10,282
2014 $486 $15,519 $4,200 $11,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1805615

Las Vegas REALTORS®

APN: 139-23-815-103