NOT LISTED FOR SALE

2516 Arrowhead St North Las Vegas, NV 89030

Downtown North Las Vegas Neighborhood

Estimated Value: $332,067 - $386,000

4 Beds
2 Baths
1,747 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 02, 2016

Last sale price $87,500 $50 Per Sq Ft

Est. 317% increase in value since last sale

Current estimated payment $1,994/month

291 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring
  • Community Storage Space
  • 2-minute walk to Boris Terrace Park

About This Home

As of August 2016

Newer duplex, built in 1980. Newer AC untis. Storage for both units. Each unit has it's own yard. Hard flooring throughout, no carpet! Currently 100% occupied. This could be a great owner occupied property! Live in one unit, rent out the other. Or a great investment property with tenants in place.

Last Agent to Sell the Property

April McNett

Home Quest Inc License #S.0066043 Listed on: 09/15/2015

Last Buyer's Agent

Hans Schiebel

Coldwell Banker Premier License #S.0051677

Coldwell Banker Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $603

Year Built

  • Built in 1980

Lot Details

  • 4,792 Sq Ft Lot
  • Property is in average condition

Home Design

  • Duplex
  • Flat Roof Shape
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,747 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Range

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 9 / 11

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North Main Add Subdivision

Additional Features

  • Community Storage Space
  • Maintenance Expense $50

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$603

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • CapRate: 8.82
  • Subdivision Name: NORTH MAIN ADD
  • Directions: From Carey and Civic Center, go north on Civic Center. Right (east) on Nelson and left (north) on Arrowhead.
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: RESALE
  • Year Built: 1980
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1980

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Ceramic Tile
  • Interior Amenities: None
  • Living Area: 1747.0

Exterior Features

  • Disclosures: Familial Relation
  • Construction Type: Stucco, Wood Frame
  • Property Condition: Average Condition, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1080.0

Condo/Co-op/Association

  • Amenities: Storage
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 4792.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12355.0
  • Insurance Expense: 527.0
  • Maintenance Expense: 50.0
  • Annual Operating Expense: 2210.0

Tax Info

  • Tax Annual Amount: 603.0
  • Tax Block: 11
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2017
Sold by
Diaz Maria
Bought by
Diaz Gomable
Current Estimated Value
$364,517

Purchase Details

Listed on
Sep 15, 2015
Closed on
Jul 27, 2016
Sold by
Arnold Jon and Arnold Kim
Bought by
Diaz Guerrero and Diaz Maria
Seller's Agent
April McNett
Home Quest Inc
Buyer's Agent
Hans Schiebel
Coldwell Banker Premier
List Price
$115,000
Sold Price
$87,500
Premium/Discount to List
-$27,500
-23.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.70%

Purchase Details

Closed on
Oct 4, 2011
Sold by
Arnold Jon and Leeper Matthew
Bought by
Arnold Jon and Arnold Kim

Purchase Details

Closed on
Sep 8, 2011
Sold by
Arnold Kimberly
Bought by
Arnold Jonathan

Purchase Details

Closed on
Sep 6, 2011
Sold by
Morales Javier
Bought by
Arnold Jonathan

Purchase Details

Closed on
Jan 26, 2007
Sold by
Morales Javier
Bought by
Morales Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1999
Sold by
Gonzalez Miguel
Bought by
Morales Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,331
Interest Rate
8.09%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 1997
Sold by
Gonzalez Susana and Gonzalez Miguel
Bought by
Gonzalez Miguel
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
Diaz Gomable -- None Available
Diaz Maria -- None Available
Diaz Maria -- None Available
Diaz Guerrero $87,500 Stewart Title Of Nevada
Leeper Matthew -- Stewart Title Of Nevada
Arnold Jon -- None Available
Arnold Jon $40,000 None Available
Arnold Jonathan -- North American Title Sahara
Arnold Jonathan $38,000 North American Title Sahara
Morales Javier -- Lawyers Title Of Nevada
Morales Javier $92,500 Land Title
Gonzalez Miguel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Javier $175,000
Previous Owner Morales Javier $92,331
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2016 08/02/16 Sold $87,500 -23.9% $50 / Sq Ft
07/03/2016 07/03/16 Pending -- -- --
09/15/2015 09/15/15 For Sale $115,000 -- $66 / 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 $980 $53,879 $26,250 $27,629
2024 $908 $53,879 $26,250 $27,629
2023 $908 $52,416 $26,250 $26,166
2022 $841 $48,108 $22,750 $25,358
2021 $779 $39,709 $19,250 $20,459
2020 $720 $41,085 $19,250 $21,835
2019 $675 $37,711 $15,750 $21,961
2018 $644 $33,454 $12,250 $21,204
2017 $1,076 $32,068 $10,500 $21,568
2016 $604 $28,411 $5,950 $22,461
2015 $603 $28,305 $5,950 $22,355
2014 $584 $21,392 $4,900 $16,492
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    April McNett

    Home Quest Inc

    (702) 281-5042

    9 Total Sales

    April McNett
    Section Image

  • H

    Buyer's Agent in 2016

    Hans Schiebel

    Coldwell Banker Premier

    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1573558

Las Vegas REALTORS®

APN: 139-14-812-112

Nevada Clark County North Las Vegas 89030 Downtown North Las Vegas

2516 Arrowhead St, North Las Vegas, NV

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