NOT LISTED FOR SALE

Estimated Value: $310,178 - $656,000

8 Beds
4 Baths
3,040 Sq Ft
$184/Sq Ft Est. Value

Last Sold December 13, 2013

Last sale price $125,000 $41 Per Sq Ft

Est. 348% increase in value since last sale

Current estimated payment $3,056/month

63 Days on Market

Highlights

  • No HOA
  • Concrete Flooring
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of December 2013

SINGLE STORY 4-PLEX WITH 2 BEDROOMS 1 BATH WITH "A" FRAME ROOF. IN A DENSE RESIDENTIAL NEIGHBORHOOD, NEAR TO PUBLIC TRANSPORTATION AND SHOPPING. WITH PLENTY OF PARKING (6 SPACES). 3 UNITS RENTED & ONE UNOCCUPIED.

Last Agent to Sell the Property

Victor Martinez

United Realty Group License #S.0044105 Listed on: 09/10/2013

Last Buyer's Agent

MD Kirkpatrick

BHHS Nevada Properties License #BS.0037150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $664

Year Built

  • Built in 1963

Lot Details

  • 8,712 Sq Ft Lot
  • Property is in below average condition

Home Design

  • Quadruplex
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,040 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Kitchen

  • Oven
  • Range

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 2 / 43

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Arrowhead Acres Tract Subdivision

Building Details

  • Maintenance Expense $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$664

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • CapRate: 12.44
  • Subdivision Name: ARROWHEAD ACRES TRACT
  • Directions: FROM CIVIC CENTER & LAKE MEAD, GO EAST ON LAKE MEAD, NORTH ON STATZ TO PROPERTY ON THE EAST SIDE OF ST.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Attribution Contact: 702-228-7227
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Flooring: Concrete
  • Interior Amenities: None
  • Living Area: 3040.0

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Paved
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 300.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

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

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 22800.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 664.0
  • Tax Block: 43
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2023
Sold by
Claros Edwin Philip
Bought by
2023 Epc Rivera Separate Property Family Trus
Current Estimated Value
$559,545

Purchase Details

Closed on
Oct 12, 2019
Sold by
Claros Jose and Rivera Cristina Claros
Bought by
Claros Edwin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2018
Sold by
Claros Jose F and Claros Edwin P
Bought by
Claros Edwin P and The Jose Claros And Vilma Cristina Claro

Purchase Details

Listed on
Sep 10, 2013
Closed on
Dec 10, 2013
Sold by
Rivera Vilma C
Bought by
Claros Jose F
Seller's Agent
Victor Martinez
United Realty Group
Buyer's Agent
MD Kirkpatrick
BHHS Nevada Properties
List Price
$229,900
Sold Price
$125,000
Premium/Discount to List
-$104,900
-45.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.48%
Original Mortgage
$93,750
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2013
Closed on
Dec 5, 2013
Sold by
Robinson Willis Michael
Bought by
Claros Jose F and Claros Edwin P
Seller's Agent
Victor Martinez
United Realty Group
Buyer's Agent
MD Kirkpatrick
BHHS Nevada Properties
List Price
$229,900
Sold Price
$125,000
Premium/Discount to List
-$104,900
-45.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
Canderlario Felicia
Bought by
Robinson Willis A and The Willis A Robinson Revocable Living T

Purchase Details

Closed on
Jun 1, 2004
Sold by
Robinson Willis A
Bought by
Candelario Felicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 6, 2000
Sold by
Robinson Willis A
Bought by
Robinson Willis A and Willis A Robinson Revocable Living Trust
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
2023 Epc Rivera Separate Property Family Trus -- None Listed On Document
2023 Epc Rivera Separate Property Family Trus -- None Listed On Document
Claros Edwin P -- Wfg National Title Compan
Claros Jose -- Wfg National Title Compan
Claros Edwin P -- None Available
Claros Jose F -- Chicago Title
Claros Jose F $125,000 Chicago Title
Robinson Willis A $133,406 Fidelity National Title T
Candelario Felicia $225,000 Land Title Of Nevada
Robinson Willis A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Claros Edwin P $181,000
Previous Owner Claros Jose F $93,750
Previous Owner Candelario Felicia $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2013 12/13/13 Sold $125,000 -45.6% $41 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $229,900 -- $76 / 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 $1,178 $72,953 $43,750 $29,203
2024 $1,091 $72,953 $43,750 $29,203
2023 $726 $71,098 $45,500 $25,598
2022 $1,011 $60,547 $36,750 $23,797
2021 $936 $51,868 $29,750 $22,118
2020 $866 $49,027 $27,300 $21,727
2019 $812 $43,853 $22,750 $21,103
2018 $775 $40,926 $21,000 $19,926
2017 $1,184 $35,308 $15,750 $19,558
2016 $726 $31,795 $12,600 $19,195
2015 $724 $27,273 $8,750 $18,523
2014 $701 $23,066 $7,000 $16,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1381339

Las Vegas REALTORS®

APN: 139-24-110-300