NOT LISTED FOR SALE

Estimated Value: $606,000 - $633,000

8 Beds
4 Baths
3,204 Sq Ft
$194/Sq Ft Est. Value

Last Sold April 28, 2025

Last sale price $615,000 $192 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,421/month

62 Days on Market

Highlights

  • Laundry Room
  • Carpet
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of April 2025

Great Investment opportunity. All four units are occupied and rented at the amounts stated. One story building. Units #A and #D were recently renovated. New A/C installed in unit #D in 2024. No HOA.

Last Agent to Sell the Property

Paul Jordan

Key Realty Brokerage Phone: (702) 461-9889 License #BS.0145705 Listed on: 01/25/2025

Last Buyer's Agent

Catherine Hyde

Simply Vegas License #S.0070366

Simply Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,555

Year Built

  • Built in 1963

Lot Details

  • 8,712 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,204 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Laundry Room

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Arrowhead Acres Tr Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,555

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Subdivision Name: Arrowhead Acres Tr
  • Directions: From I-15, Exit Lake Mead East, North on Belmont, West on Haddock, South on Ellis.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Attribution Contact: (702) 461-9889
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Flooring: Carpet
  • Living Area: 3204.0

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Amenities: None

Schools

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1555.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
Apr 23, 2025
Sold by
Rada Denise and Rada Raymund Sales
Bought by
2516 Ellis Street Llc
Seller's Agent
Paul Jordan
Key Realty
Buyer's Agent
Catherine Hyde
Simply Vegas
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%
Views
22
Current Estimated Value
$623,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,166
Avg. Annual Appreciation
-0.96%
Original Mortgage
$369,000
Outstanding Balance
$367,693
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$245,003

Purchase Details

Listed on
Nov 22, 2021
Closed on
Jan 18, 2022
Sold by
Jose Lazcano Ramon and Jose Marcela
Bought by
Rada Denise and Rada Raymund Sales
Seller's Agent
Cesar Gamboa
Park Place Realty
Buyer's Agent
Jennifer Magana
Realty ONE Group, Inc
List Price
$449,999
Sold Price
$475,000
Premium/Discount to List
$25,001
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$427,500
Interest Rate
2.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2007
Sold by
Lazcano Ramon
Bought by
Lazcano Ramon Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 1999
Sold by
Villanueva Rene
Bought by
Lazcano Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,642
Interest Rate
7.68%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 1997
Sold by
Villanueva Estrella M
Bought by
Villanueva Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,400
Interest Rate
7.58%
Mortgage Type
Balloon
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
2516 Ellis Street Llc $615,000 Ticor Title
Rada Denise $475,000 Stewart Title
Lazcano Ramon Jose -- National Title Company
Lazcano Ramon $166,000 Old Republic Title Company
Villanueva Rene -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2516 Ellis Street Llc $369,000
Previous Owner Rada Denise $427,500
Previous Owner Lazcano Ramon Jose $251,000
Previous Owner Lazcano Ramon $210,000
Previous Owner Lazcano Ramon $164,642
Previous Owner Villanueva Rene $92,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Sold $615,000 -1.6% $192 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $625,000 0.0% $195 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
01/25/2025 01/25/25 For Sale $625,000 +31.6% $195 / Sq Ft
01/19/2022 01/19/22 Sold $475,000 +5.6% $148 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $449,999 -- $140 / 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 $1,555 $73,991 $43,750 $30,241
2024 $1,440 $73,991 $43,750 $30,241
2023 $1,440 $70,247 $43,750 $26,497
2022 $1,334 $59,631 $35,000 $24,631
2021 $1,235 $52,638 $29,750 $22,888
2020 $1,144 $51,536 $29,050 $22,486
2019 $1,072 $46,330 $24,500 $21,830
2018 $1,023 $41,620 $21,000 $20,620
2017 $1,289 $38,437 $18,200 $20,237
2016 $959 $32,470 $12,600 $19,870
2015 $956 $30,377 $11,200 $19,177
2014 $926 $26,789 $8,400 $18,389
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2649679

Las Vegas REALTORS®

APN: 139-13-410-167