NOT LISTED FOR SALE

2505 Cedar Ave Las Vegas, NV 89101

East Las Vegas Neighborhood

Estimated Value: $531,232 - $594,000

6 Beds
4 Baths
2,870 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $275,000 $96 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,334/month

24 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of December 2017

Great investment opportunity! 3-2 bed units and 1-1 bed unit. In close prox to schools, shopping centers, and dining.

Last Agent to Sell the Property

Kevin Sullivan

Keller Williams MarketPlace License #S.0174415 Listed on: 11/27/2017

Last Buyer's Agent

Kyle Mayer

Realty 360 License #S.0175493

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 1962

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,870 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • 2 Units
  • Artesian Acres Lot 4 Blk 1 Subdivision

Building Details

  • Maintenance Expense $150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,416

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • CapRate: 8.97
  • Subdivision Name: ARTESIAN ACRES LOT 4 BLK 1
  • Directions: 95 & Eastern, N on Eastern, Right on Cedar
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Ceramic Tile
  • Interior Amenities: None

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Average Condition, Resale
  • Roof: Tile

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

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28080.0
  • Insurance Expense: 92.0
  • Maintenance Expense: 150.0
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 1416.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2019
Sold by
Nielson Susan and Brinton Walker R
Bought by
Nielson Walker Susan J and Nielson Trust
Total Days on Market
24
Current Estimated Value
$572,808

Purchase Details

Listed on
Nov 27, 2017
Closed on
Dec 6, 2017
Sold by
Kdsm Llc
Bought by
Nieslon Susan
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
10.37%
Original Mortgage
$116,000
Outstanding Balance
$98,474
Interest Rate
3.9%
Mortgage Type
Unknown
Estimated Equity
$474,335

Purchase Details

Closed on
Jul 19, 2017
Sold by
Tod Las Vegas 2 Llc
Bought by
Kdsm Llc

Purchase Details

Closed on
Jul 17, 2017
Sold by
Sackley Family Management B Llc
Bought by
Tod Las Vegas 1 Llc

Purchase Details

Closed on
Dec 23, 2014
Sold by
Sackley Stuart H and Sackley Sharon Mary Concannon
Bought by
Sackley Family Management B Llc
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
Nielson Walker Susan J -- None Available
Nieslon Susan $275,000 Ticor Title Las Vegas
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 Nieslon Susan $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2017 12/21/17 Sold $275,000 0.0% $96 / Sq Ft
11/27/2017 11/27/17 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 $68,833 $42,000 $26,833
2024 $1,426 $68,833 $42,000 $26,833
2023 $1,426 $67,270 $43,750 $23,520
2022 $1,321 $56,868 $35,000 $21,868
2021 $1,223 $51,822 $31,500 $20,322
2020 $1,133 $47,987 $28,000 $19,987
2019 $1,062 $44,583 $25,200 $19,383
2018 $1,013 $31,420 $13,125 $18,295
2017 $1,002 $30,563 $12,600 $17,963
2016 $1,416 $28,845 $11,200 $17,645
2015 $946 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kevin Sullivan

    Keller Williams MarketPlace

  • K

    Buyer's Agent in 2017

    Kyle Mayer

    Realty 360

    (702) 843-5408

    1 in this area

    18 Total Sales

    Kyle Mayer
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Map

Source: Las Vegas REALTORS®

MLS Number: 1949442

Las Vegas REALTORS®

APN: 139-36-114-021

Nevada Clark County Las Vegas 89101 East Las Vegas

2505 Cedar Ave, Las Vegas, NV

This home is located at 2505 Cedar Ave, Las Vegas, NV 89101 since 27 November 2017 and is currently estimated at $572,808, approximately $199 per square foot. This property was built in 1962. 2505 Cedar Ave is a home located in Clark County with nearby schools including Arturo Cambeiro Elementary School, J.D. Smith Middle School, and Desert Pines High School.

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.

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