NOT LISTED FOR SALE

2440 Salt Lake St North Las Vegas, NV 89030

Downtown North Las Vegas Neighborhood

Estimated Value: $544,000 - $659,000

8 Beds
4 Baths
3,420 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $199,900 $58 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $3,358/month

80 Days on Market

Highlights

  • Central Heating and Cooling System
  • Carpet
  • 4-minute walk to Boris Terrace Park

About This Home

As of June 2016

FOURPLEX WITH 2 NEW AC UNITS , NEWER WINDOWS, 3 CURRENT UNITS RENTED, ALL UNITS ARE 2 BED 1 BATH. SO MUCH POTENTIAL FOR AN INVESTOR OR A VA BUYER LOOKING USE ONE UNIT TO LIVE AND COLLECT RENT ON THE OTHER UNITS!

Last Agent to Sell the Property

Billy Alt

Real Broker LLC License #BS.1001764 Listed on: 02/16/2016

Last Buyer's Agent

Juan Aguirre

Century 21 Americana License #S.0170965

Century 21 Americana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 1979

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in average condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,420 Sq Ft Home
  • 2-Story Property
  • Carpet

Kitchen

  • Oven
  • Range

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • North Main Add Subdivision
  • Maintenance Expense $1,200

Listing and Financial Details

  • Legal Lot and Block 1 / 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$973

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • CapRate: 6.78
  • Subdivision Name: NORTH MAIN ADD
  • Directions: From Carey and Civic Center, north on Civic Center, east on Nelson, north on Salt Lake St. to property.....
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1979
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1979

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range
  • Flooring: Carpet, Other
  • Interior Amenities: None
  • Living Area: 3420.0

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: 600.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 17595.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 1200.0
  • Annual Operating Expense: 4100.0

Tax Info

  • Tax Annual Amount: 973.0
  • Tax Block: 1
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2016
Closed on
May 16, 2016
Sold by
Home Wealth Creation 401 J Plan
Bought by
Perez Francisco Cervantes
Seller's Agent
Billy Alt
Real Broker LLC
Buyer's Agent
Juan Aguirre
Century 21 Americana
List Price
$199,000
Sold Price
$199,900
Premium/Discount to List
$900
0.45%
Current Estimated Value
$615,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,333
Avg. Annual Appreciation
12.70%
Original Mortgage
$195,395
Outstanding Balance
$156,002
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$459,231

Purchase Details

Listed on
Feb 22, 2013
Closed on
Mar 13, 2014
Sold by
Valles Rosendo
Bought by
Home Wealth Creations 401 K Plan
Seller's Agent
Elvira Mata
Signature Real Estate Group
Buyer's Agent
Billy Alt
Real Broker LLC
List Price
$108,000
Sold Price
$119,000
Premium/Discount to List
$11,000
10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.32%

Purchase Details

Closed on
Jul 22, 2003
Sold by
Pelayo Ramiro
Bought by
Valles Rosando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,150
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 11, 2003
Sold by
Delgado Maria Dejesus Sanchez
Bought by
Leyva Diego Aguilar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,150
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 25, 2002
Sold by
Pelayo Jose A
Bought by
Pelayo Ramiro

Purchase Details

Closed on
Jan 17, 2001
Sold by
Zepeda Oscar and Zepeda Martha
Bought by
Pelayo Ramiro and Pelayo Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,141
Interest Rate
7.41%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 1998
Sold by
M T Real Estate Investment Inc
Bought by
Zepeda Oscar and Zepeda Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,509
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 1998
Sold by
Andrews Selma
Bought by
M T Real Estate Investment

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,509
Interest Rate
6.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Perez Francisco Cervantes $199,000 National Title Co
Home Wealth Creations 401 K Plan $119,000 North American Title Sahara
Valles Rosendo -- North American Title Sahara
Valles Rosando $213,500 Fidelity National Title
Leyva Diego Aguilar -- Fidelity National Title
Pelayo Ramiro -- --
Pelayo Ramiro $190,000 First American Title Co
Zepeda Oscar $137,000 Land Title
M T Real Estate Investment $16,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Francisco Cervantes $195,395
Previous Owner Valles Rosando $192,150
Previous Owner Pelayo Ramiro $182,141
Previous Owner Zepeda Oscar $134,509
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2016 06/06/16 Sold $199,900 +0.5% $58 / Sq Ft
05/07/2016 05/07/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $199,000 +67.2% $58 / Sq Ft
03/18/2014 03/18/14 Sold $119,000 +10.2% $35 / Sq Ft View Prior Sale
02/16/2014 02/16/14 Pending -- -- --
02/22/2013 02/22/13 For Sale $108,000 -- $32 / 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 $1,583 $82,887 $43,750 $39,137
2024 $1,467 $82,887 $43,750 $39,137
2023 $1,467 $81,343 $43,750 $37,593
2022 $1,358 $71,422 $35,000 $36,422
2021 $1,258 $65,048 $29,750 $35,298
2020 $1,165 $62,674 $26,600 $36,074
2019 $1,092 $59,114 $22,750 $36,364
2018 $1,042 $53,849 $18,200 $35,649
2017 $1,801 $53,697 $17,500 $36,197
2016 $976 $47,848 $9,800 $38,048
2015 $974 $46,245 $8,400 $37,845
2014 $943 $34,236 $7,350 $26,886
Source: Public Records

Agents Affiliated with this Home

  • Billy Alt

    Seller's Agent in 2016

    Billy Alt

    Real Broker LLC

    (702) 250-1090

    307 Total Sales

    Billy Alt
    Section Image

  • J

    Buyer's Agent in 2016

    Juan Aguirre

    Century 21 Americana

    Section Image

  • E

    Seller's Agent in 2014

    Elvira Mata

    Signature Real Estate Group

    (702) 278-1750

    48 Total Sales

    Elvira Mata
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1608396

Las Vegas REALTORS®

APN: 139-14-812-073

Nevada Clark County North Las Vegas 89030 Downtown North Las Vegas

2440 Salt Lake St, North Las Vegas, NV

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

Nearby Homes