NOT LISTED FOR SALE

Estimated Value: $391,637 - $474,000

5 Beds
2 Baths
1,826 Sq Ft
$232/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $135,000 $74 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $2,356/month

62 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Landscaped
  • Private Yard
  • Storage
  • Central Heating and Cooling System

About This Home

As of January 2014

**TRADITIONAL SALE ** GREAT CONDITION DUPLEX WITH LONG TERM TENANTS** A 3 BED UNIT AND A 2 BED UNIT. EACH UNIT HAS ITS OWN SEPARATE BACKYARD. GREAT LOCATION, NEAR THE STRIP AND SHOPPING. LANDSCAPED FRONT YARD. GREAT INVESTMENT PROPERTY **PLEASE DO NOT DISTURB THE TENANTS**

Last Agent to Sell the Property

Nish Kantaria

Ashwood Realty LLC License #B.0144808 Listed on: 10/16/2013

Last Buyer's Agent

Martha Egidio

Hudson Real Estate License #BS.0039947

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $654

Year Built

  • Built in 1954

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped
  • Private Yard
  • Property is in good condition

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,826 Sq Ft Home
  • 1-Story Property
  • Storage

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Covered Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 18 / 7

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Francisco Park Subdivision

Building Details

  • Maintenance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$654

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 10.75
  • Subdivision Name: FRANCISCO PARK
  • Directions: From Las Vegas Blvd and Sahara Ave, head East on Sahara, cross Maryland Pky, Make a left on S. 15th Street, Duplex is on your Left.
  • 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: VirtualTour
  • Stories: 1
  • Year Built: 1954

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Storage
  • Living Area: 1826.0

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Block
  • Exterior Features: Private Yard
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Covered
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 960.0

Condo/Co-op/Association

  • Amenities: Landscaping
  • Association: No

Lot Info

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

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19008.0
  • Insurance Expense: 500.0
  • Maintenance Expense: 500.0
  • Annual Operating Expense: 2900.0

Tax Info

  • Tax Annual Amount: 654.0
  • Tax Block: 7
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2018
Sold by
Nunez Ana C and Ballina Martin E
Bought by
Ballina Martin E and Nunez Ana C
Current Estimated Value
$411,032

Purchase Details

Closed on
Jun 22, 2017
Sold by
Calrk Robert Lee
Bought by
Masnja Lp

Purchase Details

Listed on
Oct 16, 2013
Closed on
Jan 15, 2014
Sold by
Sunset Creek Properties Llc
Bought by
Nunez Ana C and Ballina Martin E
Seller's Agent
Nish Kantaria
Ashwood Realty LLC
Buyer's Agent
Martha Egidio
Hudson Real Estate
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$88,875
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2008
Sold by
Stewart Carlene B
Bought by
Davis Allen and Davis Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 1, 1996
Sold by
Par West Financial
Bought by
Stewart John and Stewart Carlene Beth

Purchase Details

Closed on
Jun 21, 1996
Sold by
Parvada Inc
Bought by
Stewart John and Stewart Carlene Beth
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
Ballina Martin E -- None Available
Masnja Lp $116,000 None Available
Nunez Ana C $135,000 First American Title Paseo
Davis Allen $180,000 First American Title Jones
Stewart John -- --
Stewart John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballina Nunez Family Trust $565,000
Previous Owner Nunez Ana C $88,875
Previous Owner Davis Allen $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2014 01/17/14 Sold $135,000 -9.9% $74 / Sq Ft
12/18/2013 12/18/13 Pending -- -- --
10/16/2013 10/16/13 For Sale $149,900 -- $82 / 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 $1,027 $56,315 $34,265 $22,050
2024 $952 $56,315 $34,265 $22,050
2023 $952 $53,414 $34,300 $19,114
2022 $881 $38,131 $20,405 $17,726
2021 $816 $32,332 $18,480 $13,852
2020 $755 $32,659 $18,480 $14,179
2019 $708 $30,192 $16,450 $13,742
2018 $675 $25,100 $12,320 $12,780
2017 $790 $24,109 $11,550 $12,559
2016 $633 $19,228 $7,000 $12,228
2015 $631 $18,814 $7,000 $11,814
2014 $617 $19,947 $7,000 $12,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1392501

Las Vegas REALTORS®

APN: 162-02-410-133