NOT LISTED FOR SALE

Estimated Value: $532,000 - $645,000

8 Beds
4 Baths
2,880 Sq Ft
$197/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $195,260 $68 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $3,202/month

105 Days on Market

About This Home

As of January 2017

Investors dream come true. Take advantage of a 4 plex multifamily unit that shows a cap rate upwards of 10%. These units have been well maintained and are in good shape with minimal improvements needed. Take advantage of this opportunity for a great cash flow property.

Last Agent to Sell the Property

Robert Pistone

Keller Williams VIP License #S.0074767 Listed on: 09/06/2016

Keller Williams VIP

Last Buyer's Agent

Navid Bakhshi

Las Vegas Real Estate Speciali License #B.0058772

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $911

Year Built

  • Built in 1962

Lot Details

  • 7,841 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex

Interior Spaces

  • 2,880 Sq Ft Home
  • Carpet

Utilities

  • Central Heating
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Arrowhead Acres Tract Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$911

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Subdivision Name: ARROWHEAD ACRES TRACT
  • Directions: FROM LAS VEGAS BLVD & LAKE MEAD; EAST ON LAKE MEAD; NORTH ON BASSLER ST
  • Architectural Style: Fourplex
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Special Features: None
  • Year Built: 1962

Interior Features

  • Flooring: Carpet

Exterior Features

  • Property Condition: Good Condition, Resale
  • Roof: Other

Utilities

  • Heating: Central, Electric, Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 911.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2016
Closed on
Jan 13, 2017
Sold by
Bassler Llc
Bought by
Koharsinary Majid and Koharsinary Farahnaz
Seller's Agent
Robert Pistone
Keller Williams VIP
Buyer's Agent
Navid Bakhshi
Las Vegas Real Estate Speciali
List Price
$210,000
Sold Price
$195,260
Premium/Discount to List
-$14,740
-7.02%
Current Estimated Value
$566,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,909
Avg. Annual Appreciation
12.63%

Purchase Details

Closed on
Mar 11, 2013
Sold by
Speake Edward and Speake Mary Joa
Bought by
Bassler Llc

Purchase Details

Listed on
Aug 15, 2012
Closed on
Sep 26, 2012
Sold by
Aow Reo Llc
Bought by
Speake Edward and Speake Mary Jo
Seller's Agent
Ryan Crighton
Rothwell Gornt Companies
Buyer's Agent
Robert Pistone
Keller Williams VIP
List Price
$114,999
Sold Price
$111,200
Premium/Discount to List
-$3,799
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%
Original Mortgage
$83,400
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2011
Sold by
Martinez Luis Felipe
Bought by
Aow Reo Llc Series 2517

Purchase Details

Closed on
May 4, 2007
Sold by
Martinez Luis Felipe
Bought by
Martinez Luis Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2000
Sold by
Londono Jose A and Londono Maria
Bought by
Martinez Luis Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,528
Interest Rate
8.67%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 1996
Sold by
The Everett Anderson Trust
Bought by
Londono Jose A and Londono Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
7.68%
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
Koharsinary Majid $195,260 Ticor Title Las Vegas
Bassler Llc -- None Available
Speake Edward $111,200 National Title Company
Aow Reo Llc Series 2517 $57,000 None Available
Martinez Luis Felipe -- Fidelity National Title
Martinez Luis Felipe $180,000 United Title
Londono Jose A $102,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Speake Edward $83,400
Previous Owner Martinez Luis Felipe $270,000
Previous Owner Martinez Luis Felipe $236,250
Previous Owner Martinez Luis Felipe $178,528
Previous Owner Londono Jose A $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $195,260 -7.0% $68 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $210,000 +88.8% $73 / Sq Ft
10/03/2012 10/03/12 Sold $111,200 -3.3% $39 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
08/15/2012 08/15/12 For Sale $114,999 -- $40 / 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 $1,477 $71,931 $43,750 $28,181
2024 $1,368 $71,931 $43,750 $28,181
2023 $1,368 $68,450 $43,750 $24,700
2022 $1,267 $57,965 $35,000 $22,965
2021 $1,173 $51,094 $29,750 $21,344
2020 $1,086 $50,012 $29,050 $20,962
2019 $1,018 $44,860 $24,500 $20,360
2018 $972 $40,226 $21,000 $19,226
2017 $1,244 $37,073 $18,200 $18,873
2016 $911 $31,121 $12,600 $18,521
2015 $908 $29,078 $11,200 $17,878
2014 $879 $25,437 $8,400 $17,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1831669

Las Vegas REALTORS®

APN: 139-13-410-084