NOT LISTED FOR SALE

2374 N Lamb Blvd Las Vegas, NV 89115

Estimated Value: $544,385 - $767,000

8 Beds
4 Baths
3,404 Sq Ft
$197/Sq Ft Est. Value

Last Sold January 04, 2018

Last sale price $263,000 $77 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $3,646/month

42 Days on Market

Highlights

  • No HOA
  • Storage
  • Central Heating and Cooling System
  • Laundry Room
  • Tile Flooring
  • 1-Story Property

About This Home

As of January 2018

LIVE RENT FREE AND PAY YOUR MORTGAGE! DONT MISS THIS OPPORTUNITY ON THIS AMAZING 4 PLEX BY SUNRISE MOUNTAIN. REMODELED UNITS, TILE ALL THORUGHOUT, NEW BATHROOMS AND KITCHENS ON SOME UNITS, ALL UNITS RENTED, EACH UNIT HAS 850 SQ FT, 2 BED 1 BATH, KITCHEN AND LIVING ROOM, INVESTOR OPPORTUNITY OR OWNER OCCUPIED, LOT IS OVER 9,000 SQ FT, PARKING SPACES FOR EACH TENANT,

Last Agent to Sell the Property

Ricardo Sanchez

Realty of America LLC License #S.0174109 Listed on: 10/23/2017

Realty of America LLC

Last Buyer's Agent

Nora Aguirre

Century 21 Americana License #BS.0146866

Century 21 Americana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,557

Year Built

  • Built in 1981

Lot Details

  • 9,583 Sq Ft Lot
  • Property is in average condition

Home Design

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

Interior Spaces

  • 3,404 Sq Ft Home
  • 1-Story Property
  • Storage
  • Laundry Room
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Frontier Village Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Maintenance Expense $240
  • Professional Management Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,557

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • CapRate: 10.0
  • Professional Management Expense: 600.0
  • Subdivision Name: FRONTIER VILLAGE
  • Directions: FROM I-15, EXIT ON LAKE MEAD, HEAD EAST, TURN NORTH ON LAMB, TURN EAST ON CAREY, PROPERTY ON RIGHT
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1981
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1981

Interior Features

  • Number Of Buildings: 1
  • Appliances: Refrigerator
  • Flooring: Tile
  • Interior Amenities: Storage

Exterior Features

  • Disclosures: Familial Relation
  • Construction Type: Stucco, Wood Frame
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle

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: 600.0

Condo/Co-op/Association

  • Association: No

Lot Info

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

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 25800.0
  • Insurance Expense: 575.0
  • Maintenance Expense: 240.0
  • Annual Operating Expense: 2400.0

Tax Info

  • Tax Annual Amount: 1557.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Dec 22, 2017
Sold by
Sanchez Ricardo
Bought by
Aguirre Bianca Ivette
Seller's Agent
Ricardo Sanchez
Realty of America LLC
Buyer's Agent
Nora Aguirre
Century 21 Americana
List Price
$263,000
Sold Price
$263,000
Current Estimated Value
$671,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,846
Avg. Annual Appreciation
12.74%
Original Mortgage
$258,236
Outstanding Balance
$216,335
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$455,511

Purchase Details

Closed on
Mar 22, 2017
Sold by
Rodriguez Diaz Sibelys Johana
Bought by
Sanchez Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 7, 2014
Sold by
Bierfass I Llc
Bought by
Agcom Ii Llc

Purchase Details

Closed on
Jun 14, 2014
Sold by
Fitzpatrick Laura B
Bought by
Bierfass I Llc

Purchase Details

Closed on
Oct 25, 2012
Sold by
The R A Bierfass Revocable Living Trust
Bought by
Bierfass Llc

Purchase Details

Closed on
Sep 22, 2012
Sold by
Bierfass Ricardo A
Bought by
R A Bierfass Revocable Living Trust

Purchase Details

Closed on
Oct 25, 2010
Sold by
U S Bank National Association
Bought by
Bierfass Ricardo A

Purchase Details

Closed on
Mar 24, 2010
Sold by
Leon Manuel D and Leon Teresa
Bought by
Us Bank National Association

Purchase Details

Closed on
Jun 29, 2007
Sold by
Leon Manuel D and Leon Manual D
Bought by
Leon Manuel D and Leon Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2006
Sold by
Leon Teresa
Bought by
Leon Manuel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 2, 1998
Sold by
Leon Manuel Dejesus and Leon Teresa
Bought by
Leon Manuel D and Leon Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,227
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1998
Sold by
Magana Jose Adolfo
Bought by
Leon Manuel Dejesus and Leon Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,227
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 1994
Sold by
Hud
Bought by
Leon Manuel Dejesus and Leon Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,978
Interest Rate
9.25%
Mortgage Type
FHA
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
Aguirre Bianca Ivette $263,000 Chicago Title Las Vegas
Sanchez Ricardo -- Chicago Title Las Vegas
Sanchez Ricardo -- Chicago Title Of Nevada
Sanchez Ricardo $170,000 Chicago Title Of Nevada
Agcom Ii Llc -- None Available
Bierfass I Llc $5,313 None Available
Bierfass Llc -- None Available
R A Bierfass Revocable Living Trust -- None Available
Bierfass Ricardo A $93,000 First American Title Paseo
Us Bank National Association $117,000 First American National Defa
Leon Manuel D -- First Amer Title Co Of Nv
Leon Manuel D -- Lawyers Title Of Nevada
Leon Manuel D -- Lawyers Title
Leon Manuel Dejesus -- Lawyers Title
Leon Manuel Dejesus -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguirre Bianca Ivette $258,236
Previous Owner Sanchez Ricardo $170,000
Previous Owner Leon Manuel D $318,750
Previous Owner Leon Manuel D $297,500
Previous Owner Leon Manuel Dejesus $151,227
Previous Owner Leon Manuel Dejesus $123,978
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2018 01/04/18 Sold $263,000 0.0% $77 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $263,000 -- $77 / 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 $1,471 $92,640 $48,650 $43,990
2024 $1,362 $92,640 $48,650 $43,990
2023 $1,557 $86,034 $44,100 $41,934
2022 $1,262 $77,228 $36,750 $40,478
2021 $1,168 $68,816 $29,750 $39,066
2020 $1,082 $68,151 $28,350 $39,801
2019 $1,014 $64,157 $24,150 $40,007
2018 $968 $55,920 $16,800 $39,120
2017 $1,452 $49,519 $9,800 $39,719
2016 $1,557 $48,520 $7,000 $41,520
2015 $1,554 $39,640 $7,000 $32,640
2014 $1,526 $48,128 $7,000 $41,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1941623

Las Vegas REALTORS®

APN: 140-20-110-005