NOT LISTED FOR SALE

Estimated Value: $542,000 - $663,000

8 Beds
4 Baths
2,992 Sq Ft
$204/Sq Ft Est. Value

Last Sold June 09, 2015

Last sale price $180,000 $60 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $3,301/month

19 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring
  • Property is in very good condition

About This Home

As of June 2015

Great Four-Plex near thriving location & close proximity to freeway & many amenities. 2 bedroom, 1 bath units with separate parking. All units are clean & have been well maintained. New Service Panel; All A/C units replaced; 2 in 2015; 1 in 2014; low vacancy. Carpet & Tile. Put your money to work & watch your cash flow!

Last Agent to Sell the Property

Judy Cochran

Great Homes Las Vegas, Inc. License #B.0034298 Listed on: 04/20/2015

Last Buyer's Agent

Juan Tovalin

Elite Realty License #S.0040491

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $834

Year Built

  • Built in 1977

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in very good condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,992 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 2 / 29

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Arrowhead Acres Tract Subdivision

Building Details

  • Maintenance Expense $5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$834

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • CapRate: 1.68
  • Subdivision Name: ARROWHEAD ACRES TRACT
  • Directions: From I-15, exit East on Lake Mead, N on Las Vegas Blvd, E on Carey, N on Crawford to property on West side
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1
  • Year Built: 1977

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None
  • Living Area: 2992.0

Exterior Features

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

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2813.0

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20750.0
  • Insurance Expense: 1048.0
  • Maintenance Expense: 5.0
  • Annual Operating Expense: 17423.0

Tax Info

  • Tax Annual Amount: 834.0
  • Tax Block: 29
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2015
Closed on
Jun 1, 2015
Sold by
Welsh Darin
Bought by
Tovalin Juliana F
Seller's Agent
Judy Cochran
Great Homes Las Vegas, Inc.
Buyer's Agent
Juan Tovalin
Elite Realty
List Price
$198,000
Sold Price
$180,000
Premium/Discount to List
-$18,000
-9.09%
Current Estimated Value
$581,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,467
Avg. Annual Appreciation
12.72%
Original Mortgage
$176,739
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2011
Sold by
Consultancy Services & Investments Inc
Bought by
Welsh Darin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2009
Sold by
Fannie Mae
Bought by
Consultancy Services & Investments Inc

Purchase Details

Closed on
Feb 4, 2009
Sold by
Casado Ruben
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 22, 2007
Sold by
The Sixt Trust
Bought by
Casado Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.37%
Mortgage Type
Unknown
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
Tovalin Juliana F $180,000 Nevada Title Las Vegas
Welsh Darin $100,000 Ticor Title Las Vegas
Consultancy Services & Investments Inc $120,750 Stewart Title Las Vegas Warm
Federal National Mortgage Association $359,150 None Available
Casado Ruben $415,000 National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tovalin Juliana F $151,517
Closed Tovalin Juliana F $176,739
Previous Owner Welsh Darin $72,750
Previous Owner Casado Ruben $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2015 06/09/15 Sold $180,000 -9.1% $60 / Sq Ft
05/10/2015 05/10/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $198,000 -- $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 $1,401 $75,298 $43,750 $31,548
2024 $1,298 $75,298 $43,750 $31,548
2023 $1,298 $74,370 $43,750 $30,620
2022 $1,202 $64,844 $35,000 $29,844
2021 $1,113 $58,764 $29,750 $29,014
2020 $1,031 $58,835 $29,050 $29,785
2019 $966 $54,624 $24,500 $30,124
2018 $922 $50,593 $21,000 $29,593
2017 $1,623 $48,379 $18,200 $30,179
2016 $864 $44,496 $12,600 $31,896
2015 $861 $43,057 $11,200 $31,857
2014 $834 $31,075 $8,400 $22,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1533274

Las Vegas REALTORS®

APN: 139-13-410-116