NOT LISTED FOR SALE

Estimated Value: $590,000 - $624,000

7 Beds
4 Baths
2,889 Sq Ft
$210/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $480,000 $166 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,337/month

15 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Laundry Room
  • Central Heating and Cooling System
  • 4-minute walk to Boris Terrace Park

About This Home

As of December 2021

Great income-producing single story fourplex for sale with ALL units currently rented! Three 2 bedroom units and One 1 bedroom. No HOA. Laundry Room on Property for Additional Income. Strong Return with potential to increase rents. Average monthly income is $3,290 (including income from the laundry room), good tenants, all of them are current in rent. Access to back alley provides plenty of parking. Close to Las Vegas Blvd with easy access to amenities and transportation. Please do not stop and ask the tenants questions, the owner will not consider offers from buyers disturbing the tenants.

Last Agent to Sell the Property

Macarena Gonzalez R.

Real Broker LLC License #S.0187833 Listed on: 10/29/2021

Real Broker LLC

Last Buyer's Agent

Rachel Black-Johnson

RBJ Group Real Estate License #B.0146506

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 1962

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in good condition

Parking

  • Alley Access

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,889 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Disposal

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, rent only

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Arrowhead Acres Tr Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,195

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: Arrowhead Acres Tr
  • Directions: From Las Vegas Blvd. and Carey, North on Las Vegas Blvd. Second left on Carroll. 4 plex will be on the left.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Attribution Contact: 702-600-1111
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Number Of Buildings: 1
  • Appliances: Disposal, Oven, Range
  • Flooring: Ceramic Tile, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2889.0

Exterior Features

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

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Laundry
  • Association: No

Lot Info

  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Rent Only

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1195.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Jan 28, 2020
Sold by
Hernandez Cano Nancy
Bought by
Luna Aaron
Seller's Agent
Derick Diaz
DW Realty Group & Property Man
Buyer's Agent
Juan Barba
United Realty Group
List Price
$335,000
Sold Price
$330,000
Premium/Discount to List
-$5,000
-1.49%
Current Estimated Value
$606,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,916
Avg. Annual Appreciation
11.37%
Original Mortgage
$324,022
Outstanding Balance
$292,137
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$315,597

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 30, 2017
Sold by
Bulloch Brent and Bulloch Diane
Bought by
Hernandez Cano Nancy
Seller's Agent
Quay Simons
Realty 360
Buyer's Agent
Flavio Jimenez
Fathom Realty
List Price
$230,000
Sold Price
$233,500
Premium/Discount to List
$3,500
1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.62%
Original Mortgage
$229,270
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 2, 2011
Sold by
Federal National Mortgage Association
Bought by
Bulloch Brent and Bulloch Diane

Purchase Details

Closed on
Mar 19, 2011
Sold by
Aleman Elliot
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 1, 2006
Sold by
Serrano Jose
Bought by
Serrano Socorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 27, 2006
Sold by
Aleman Lorena
Bought by
Aleman Elliot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 1996
Sold by
Stone Daniel Keith and Stone Daniel
Bought by
Serrano Socorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,677
Interest Rate
7.01%
Mortgage Type
FHA
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
Luna Aaron $330,000 First American Title
Hernandez Cano Nancy $233,500 Wfg National Title Co
Bulloch Brent $55,000 Lawyers Title Of Nevada Hen
Federal National Mortgage Association $397,175 Pasion Title Services
Serrano Socorro -- Old Republic Title Co Of Nv
Aleman Elliot -- Old Republic Title Co Of Nv
Aleman Elliot $400,000 Old Republic Title Co Of Nv
Serrano Socorro $123,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luna Aaron $324,022
Previous Owner Hernandez Cano Nancy $229,270
Previous Owner Aleman Elliot $320,000
Previous Owner Serrano Socorro $121,677
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $480,000 -5.9% $166 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $510,000 +54.5% $177 / Sq Ft
01/30/2020 01/30/20 Sold $330,000 -1.5% $114 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
11/21/2019 11/21/19 For Sale $335,000 +43.5% $116 / Sq Ft
10/31/2017 10/31/17 Sold $233,500 +1.5% $81 / Sq Ft
10/01/2017 10/01/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $230,000 -- $80 / 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 $1,434 $72,587 $43,750 $28,837
2024 $1,328 $72,587 $43,750 $28,837
2023 $927 $69,028 $43,750 $25,278
2022 $1,290 $58,489 $35,000 $23,489
2021 $1,195 $51,579 $29,750 $21,829
2020 $1,106 $50,504 $29,050 $21,454
2019 $1,037 $43,562 $22,750 $20,812
2018 $989 $40,654 $21,000 $19,654
2017 $1,211 $36,097 $16,800 $19,297
2016 $927 $31,563 $12,600 $18,963
2015 $924 $29,511 $11,200 $18,311
2014 $895 $25,901 $8,400 $17,501
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2345635

Las Vegas REALTORS®

APN: 139-13-410-004