NOT LISTED FOR SALE

Estimated Value: $502,000 - $590,000

6 Beds
4 Baths
2,870 Sq Ft
$192/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $320,000 $111 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,205/month

78 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of February 2020

RARE INVESTMENT OPPORTUNITY WITH $3K/MONTH IN RENTS! BUY ONE, BUY MORE, GET STARTED AS AN INVESTOR TODAY WITH A GREAT CASH FLOWING 4-PLEX IN LAS VEGAS. 1- 1 BED/1 BATH UNIT AND 3- 2 BED/1 BATH UNITS AT GREAT RENTAL RATES. TENANTS COME EASY HERE WITH ACCESS TO ALL SHOPPING, LAUNDROMAT, AND A BUS STOP RIGHT OUTSIDE THE BUILDING. HURRY AND GET YOUR OFFER IN! GREAT OWNER OCCUPIED PROPERTY WITH FHA LOAN AND HAVE 3 TENANTS PAY YOUR MORTGAGE!!!

Last Listed By

Kyle Mayer

Realty 360 License #S.0175493 Listed on: 10/24/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,215

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in average condition

Home Design

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

Interior Spaces

  • 2,870 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Alley Access
  • Paved Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Artesian Acres Lot 4 Blk 1 Subdivision

Building Details

  • Maintenance Expense $150
  • Professional Management Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,215

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Professional Management Expense: 200.0
  • Subdivision Name: ARTESIAN ACRES LOT 4 BLK 1
  • Directions: I-95 FREEWAY... GO NORTH ON EASTERN AVE... TURN RIGHT ON MESQUITE AVE... PROPERTY IS FIRST BUILDING ON THE CORNER OF MESQUITE AND EASTERN.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

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

Garage/Parking

  • Parking Features: Alley Access, 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: 75.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 7405.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 780.0
  • Maintenance Expense: 150.0
  • Annual Operating Expense: 7575.0

Tax Info

  • Tax Annual Amount: 1215.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Feb 7, 2020
Sold by
Jergensen Jeremy
Bought by
Uzunoglu Volkan
Seller's Agent
Kyle Mayer
Realty 360
Buyer's Agent
Frank Napoli
BHHS Nevada Properties
List Price
$335,000
Sold Price
$320,000
Premium/Discount to List
-$15,000
-4.48%
Total Days on Market
78
Current Estimated Value
$549,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,708
Avg. Annual Appreciation
11.16%
Original Mortgage
$240,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2018
Closed on
Aug 23, 2018
Sold by
Jergensen Elizabeth R
Bought by
Jergensen Jeremy
Seller's Agent
Kevin Sullivan
Keller Williams MarketPlace
Buyer's Agent
Kyle Mayer
Realty 360
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
Jun 20, 2018
Sold by
Kdsm Llc
Bought by
Jergensen Jereny

Purchase Details

Closed on
May 24, 2017
Sold by
Tod Las Vegas 1 Llc
Bought by
Kdsm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 15, 2017
Sold by
Sackley Family Management B Llc
Bought by
Tod Las Vegas 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 23, 2014
Sold by
Scakley Stuart H and Sackley Sharon Mary Concannon
Bought by
Sackley Family Management B Llc

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
Uzunoglu Volkan $320,000 Monument Title Insurance
Jergensen Jeremy -- Monument Title Insucance
Jergensen Jereny $275,000 Monument Title Insurance
Kdsm Llc $215,000 Ticor Title Las Vegas
Tod Las Vegas 1 Llc -- None Available
Sackley Family Management B Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uzunoglu Volkan $247,500
Closed Uzunoglu Volkan $240,000
Previous Owner Kdsm Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2020 02/10/20 Sold $320,000 -4.5% $111 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
10/24/2019 10/24/19 For Sale $335,000 +21.8% $117 / Sq Ft
08/24/2018 08/24/18 Sold $275,000 0.0% $96 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $275,000 -- $96 / 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 $1,539 $68,792 $42,000 $26,792
2024 $1,425 $68,792 $42,000 $26,792
2023 $1,425 $67,234 $43,750 $23,484
2022 $1,320 $56,835 $35,000 $21,835
2021 $1,222 $51,792 $31,500 $20,292
2020 $1,132 $47,958 $28,000 $19,958
2019 $1,061 $44,555 $25,200 $19,355
2018 $1,012 $31,393 $13,125 $18,268
2017 $1,001 $30,536 $12,600 $17,936
2016 $1,215 $28,830 $11,200 $17,630
2015 $946 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2147187

Las Vegas REALTORS®

APN: 139-36-114-003