NOT LISTED FOR SALE

Estimated Value: $552,000 - $676,000

8 Beds
4 Baths
3,040 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 23, 2017

Last sale price $228,000 $75 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,346/month

355 Days on Market

About This Home

As of May 2017

all tenants are month to month good condition unit. drive by only Please DO NOT disturb the tenants,

Last Agent to Sell the Property

Ella Williams

First Class Realty & Property License #B.1001152 Listed on: 05/02/2016

Last Buyer's Agent

Mimi Dunn

ERA Brokers Consolidated License #S.0006236

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $922

Year Built

  • Built in 1962

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in average condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,040 Sq Ft Home
  • 2-Story Property
  • Carpet

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 4 / 29

Community Details

Overview

  • 4 Units
  • Arrowhead Acres Tract Subdivision

Building Details

  • Maintenance Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$922

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • CapRate: 8.64
  • Subdivision Name: ARROWHEAD ACRES TRACT
  • Directions: Las Vegas Blvd & Carey; East on Carey; Left on Carey
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1962

Interior Features

  • Number Of Buildings: 1
  • Flooring: Carpet
  • Interior Amenities: None
  • Living Area: 3040.0

Exterior Features

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

Garage/Parking

  • 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: 200.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 23760.0
  • Insurance Expense: 500.0
  • Maintenance Expense: 200.0
  • Annual Operating Expense: 4057.0

Tax Info

  • Tax Annual Amount: 922.0
  • Tax Block: 29
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
May 5, 2017
Sold by
Mountain Low Llc
Bought by
Garcia Benerito R and Garcia Alma R
Seller's Agent
Ella Williams
First Class Realty & Property
Buyer's Agent
Mimi Dunn
ERA Brokers Consolidated
List Price
$236,000
Sold Price
$228,000
Premium/Discount to List
-$8,000
-3.39%
Current Estimated Value
$588,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,313
Avg. Annual Appreciation
12.81%
Original Mortgage
$171,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2012
Sold by
Thomas Carl W and Thomas Laura
Bought by
Mountain Low Llc

Purchase Details

Closed on
Nov 29, 2012
Sold by
Ramirez Jose Angel
Bought by
Thomas Carl and Thomas Laura

Purchase Details

Closed on
Apr 19, 2010
Sold by
Ramara Inc
Bought by
Ramirez Jose A

Purchase Details

Closed on
Jun 4, 2007
Sold by
Ramirez Jose Angel and De Ramirez Teresa Araiza
Bought by
Ramara Inc

Purchase Details

Closed on
Mar 13, 2007
Sold by
Deramirez Teresa Araiza
Bought by
Ramirez Jose Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
6.31%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 19, 2005
Sold by
Ramirez Jose A and Ramirez Teresa A
Bought by
Ramara Inc

Purchase Details

Closed on
Jun 14, 2004
Sold by
Ramara Inc
Bought by
Ramirez Jose Angel and Ramirez Teresa Araiza D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 7, 2002
Sold by
Ramirez Jose A and Ramirez Teresa A
Bought by
Ramara Inc

Purchase Details

Closed on
Jun 27, 2000
Sold by
Gertz Steven C and Gertz Jil M
Bought by
Ramirez Jose A and Ramirez Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
8.67%

Purchase Details

Closed on
May 14, 1998
Sold by
Flippin Alfred B and Flippin Shirley A
Bought by
Gertz Steven C and Gertz Jil M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
7.13%
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
Garcia Benerito R $228,000 National Title Co
Mountain Low Llc -- None Available
Thomas Carl $90,500 None Available
Ramirez Jose A -- None Available
Ramara Inc -- Accommodation
Ramirez Jose Angel -- Accommodation
Ramirez Jose Angel -- National Alliance Title
Ramirez Jose Angel $266,000 National Alliance Title
Ramara Inc -- --
Ramirez Jose Angel $180,000 Lawyers Title Of Nevada
Ramara Inc $162,000 --
Ramirez Jose A $180,000 First American Title Co
Gertz Steven C $153,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Benerito R $2,276,000
Closed Garcia Benerito R $420,000
Closed Garcia Benerito R $171,000
Previous Owner Ramirez Jose Angel $266,000
Previous Owner Ramirez Jose Angel $178,500
Previous Owner Ramirez Jose A $162,000
Previous Owner Gertz Steven C $137,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2017 05/23/17 Sold $228,000 -3.4% $75 / Sq Ft
04/23/2017 04/23/17 Pending -- -- --
05/02/2016 05/02/16 For Sale $236,000 -- $78 / 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 $1,501 $72,595 $43,750 $28,845
2024 $1,390 $72,595 $43,750 $28,845
2023 $1,390 $69,035 $43,750 $25,285
2022 $1,288 $58,507 $35,000 $23,507
2021 $1,193 $51,598 $29,750 $21,848
2020 $1,104 $50,518 $29,050 $21,468
2019 $1,035 $45,349 $24,500 $20,849
2018 $988 $40,684 $21,000 $19,684
2017 $1,259 $37,518 $18,200 $19,318
2016 $926 $31,575 $12,600 $18,975
2015 $923 $29,509 $11,200 $18,309
2014 $894 $25,859 $8,400 $17,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1628362

Las Vegas REALTORS®

APN: 139-13-410-228