NOT LISTED FOR SALE

2509 Cedar Ave Las Vegas, NV 89101

East Las Vegas Neighborhood

Estimated Value: $458,753 - $557,000

6 Beds
4 Baths
2,870 Sq Ft
$177/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $450,000 $157 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,817/month

30 Days on Market

Highlights

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

About This Home

As of February 2023

Great opportunity on this 4 unit investment! 3 (2) Bedrooms and 1 (1) Bedroom units - Priced to sell!

Last Agent to Sell the Property

Ernest Alzate

Landbank Realty Brokerage Phone: 702-870-1881 License #B.0026211 Listed on: 12/29/2022

Last Buyer's Agent

Nora Aguirre

Century 21 Americana License #BS.0146866

Century 21 Americana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,305

Year Built

  • Built in 1962

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,870 Sq Ft Home
  • 1-Story Property
  • Blinds

Kitchen

  • Oven
  • Range
  • Disposal

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Artesian Acres Subdivision

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,305

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Subdivision Name: Artesian Acres
  • Directions: South on Eastern from Bonanza; East on Cedar to property.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Attribution Contact: 702-870-1881
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Disposal, Oven, Range, Refrigerator
  • Flooring: Carpet, Tile
  • Living Area: 2870.0
  • Window Features: Blinds

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None

Schools

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1305.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2024
Sold by
Tanomand Hadia
Bought by
Tanomand Muhammad Yama
Total Days on Market
30
Current Estimated Value
$506,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Outstanding Balance
$364,741
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$138,957

Purchase Details

Listed on
Dec 29, 2022
Closed on
Feb 22, 2023
Sold by
Oman Don M and Oman Salumeh N
Bought by
Nevada Investments & Trade Mgmt Llc
Seller's Agent
Ernest Alzate
Landbank Realty
Buyer's Agent
Nora Aguirre
Century 21 Americana
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%

Purchase Details

Listed on
Oct 19, 2017
Closed on
Dec 15, 2017
Sold by
Tuacahn Enterprises Llc
Bought by
Oman Don M and Dadres Salumeh N
Seller's Agent
Kevin Sullivan
Keller Williams MarketPlace
Buyer's Agent
Jeff Stafford
BHHS Nevada Properties
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$191,250
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2017
Sold by
Hodge Peter J
Bought by
Tuacahn Enterprises Llc

Purchase Details

Closed on
Jan 26, 2017
Sold by
Tod Las Vegas I Llc
Bought by
Hodge Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2017
Sold by
Sackley Family Management A 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
$125,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2014
Sold by
Sackley Stuart H and Sackley Sharon Mary Concannon
Bought by
Sackley Family Management A Llc
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
Tanomand Muhammad Yama -- Chicago Title
Tanomand Muhammad Yama $490,000 Chicago Title
Nevada Investments & Trade Mgmt Llc $450,000 Old Republic Title
Oman Don M $270,000 Ticor Title Las Vegas
Tuacahn Enterprises Llc -- Accommodation
Hodge Peter J $235,000 Ticor Title Las Vegas
Tod Las Vegas 1 Llc $235,000 None Available
Sackley Family Management A Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tanomand Muhammad Yama $367,500
Previous Owner Nevada Investments And Trade M $520,000
Previous Owner Oman Don M $186,000
Previous Owner Oman Don M $191,250
Previous Owner Hodge Peter J $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $450,000 -2.0% $157 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $459,000 +70.0% $160 / Sq Ft
12/26/2017 12/26/17 Sold $270,000 -1.8% $94 / Sq Ft
11/26/2017 11/26/17 Pending -- -- --
10/19/2017 10/19/17 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 $1,522 $68,833 $42,000 $26,833
2024 $1,410 $68,833 $42,000 $26,833
2023 $1,410 $67,270 $43,750 $23,520
2022 $1,305 $56,868 $35,000 $21,868
2021 $1,209 $51,822 $31,500 $20,322
2020 $1,120 $47,987 $28,000 $19,987
2019 $1,049 $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

  • E

    Seller's Agent in 2023

    Ernest Alzate

    Landbank Realty

    2 in this area

    32 Total Sales

    Ernest Alzate
    Section Image
  • Nora Aguirre

    Buyer's Agent in 2023

    Nora Aguirre

    Century 21 Americana

    (702) 710-1455

    37 in this area

    661 Total Sales

    Nora Aguirre
    Section Image

  • K

    Seller's Agent in 2017

    Kevin Sullivan

    Keller Williams MarketPlace

  • J

    Buyer's Agent in 2017

    Jeff Stafford

    BHHS Nevada Properties

    46 Total Sales

    Jeff Stafford
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2462223

Las Vegas REALTORS®

APN: 139-36-114-020

Nevada Clark County Las Vegas 89101 East Las Vegas

2509 Cedar Ave, Las Vegas, NV

This home is located at 2509 Cedar Ave, Las Vegas, NV 89101 since 29 December 2022 and is currently estimated at $506,938, approximately $176 per square foot. This property was built in 1962. 2509 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.

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