NOT LISTED FOR SALE

Estimated Value: $482,000 - $623,000

7 Beds
4 Baths
2,889 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $385,000 $133 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,111/month

7 Days on Market

Highlights

  • Private Yard
  • High Efficiency Air Conditioning
  • Laundry Room
  • No HOA
  • Security Guard
  • 3-minute walk to Boris Terrace Park

About This Home

As of February 2021

Take advantage of this amazing investment opportunity! This unique single story 4-plex features fresh exterior paint, move in ready units with new plumbing, new roof, new a/c, metal window coverings and a gated perimeter. Plus! An on site laundromat making it much more desirable for the tenants. All units are 100% occupied!

Last Agent to Sell the Property

David Villalobos

Huntington & Ellis, A Real Est License #S.0178763 Listed on: 02/18/2021

Last Buyer's Agent

Jimmy Foster

James P Foster LLC License #B.0146172

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,106

Year Built

  • Built in 1962

Lot Details

  • 9,583 Sq Ft Lot
  • Private Yard
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Oven
  • Range
  • Disposal

Eco-Friendly Details

  • Energy-Efficient HVAC

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • High Efficiency Heating System

Listing and Financial Details

  • Tenant pays for electricity, water

Community Details

Overview

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

Additional Features

  • Laundry Facilities
  • Security Guard

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,106

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Subdivision Name: Arrowhead Acres Tr
  • Directions: From Cheyenne & 15, East on Cheyenne, Right on Civic Center, Left on Evans, Right on Carrol
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Efficiency: HVAC
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Attribution Contact: 702-583-3030
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Disposal, Oven, Range, Refrigerator
  • Flooring: Ceramic Tile
  • Living Area: 2889.0

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Private Yard
  • Property Condition: Excellent, Resale
  • Roof: Composition, Shingle

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Cooling: Central Air, High Efficiency
  • Cooling Y N: Yes
  • Heating: Central, Electric, High Efficiency
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2820.0

Condo/Co-op/Association

  • Amenities: Laundry, Guard
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

Lot Info

  • Lot Size Sq Ft: 9583.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 27180.0
  • Annual Operating Expense: 2820.0

Tax Info

  • Tax Annual Amount: 1106.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2022
Sold by
Seto Frederick
Bought by
Frederick Seto Living Trust and Seto
Current Estimated Value
$563,203

Purchase Details

Listed on
Feb 18, 2021
Closed on
Feb 25, 2021
Sold by
Velazquez Gonzalez Ricardo
Bought by
Seto Fredrick and Ceja Alejandra
Seller's Agent
David Villalobos
Huntington & Ellis, A Real Est
Buyer's Agent
Jimmy Foster
James P Foster LLC
List Price
$350,000
Sold Price
$385,000
Premium/Discount to List
$35,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%

Purchase Details

Listed on
Jun 22, 2018
Closed on
Oct 4, 2018
Sold by
Morales Lourdes Sandoval
Bought by
Velazquez Gonznlcz Ricardo
Seller's Agent
Virginia Licea
Signature Real Estate Group
Buyer's Agent
Carlos Gil
Toro Realty
List Price
$286,000
Sold Price
$286,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.19%
Original Mortgage
$214,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2013
Sold by
Garcia Rosendo
Bought by
Garcia Rosendo and Garcia Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,232
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2000
Sold by
Garcia Maria Gloria
Bought by
Garcia Rosendo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2000
Sold by
Pulgarin Monico
Bought by
Garcia Rosendo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 1998
Sold by
Pulgarin Maria
Bought by
Pulgarin Monico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,489
Interest Rate
6.93%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 1998
Sold by
Moreno Jose T and Moreno Gabriela G
Bought by
Pulgarin Monico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,489
Interest Rate
6.93%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1996
Sold by
Crider Mary C
Bought by
Moreno Jose T and Moreno Gabriela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.86%

Purchase Details

Closed on
Aug 2, 1996
Sold by
Fuller Alvan L and Fuller Charlotte A
Bought by
Crider Mary C
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
Frederick Seto Living Trust -- None Listed On Document
Seto Fredrick $385,000 First American Title Insu
Velazquez Gonznlcz Ricardo -- Stewart Title Company F
Velazquez Gonzsalez Ricardo $286,000 Stewart Title Company F
Garcia Rosendo -- Lawyers Title Of Nevada Cha
Garcia Rosendo -- Stewart Title
Garcia Rosendo $185,000 Stewart Title
Pulgarin Monico -- Old Republic Title Company
Pulgarin Monico $153,000 Old Republic Title Company
Moreno Jose T $95,000 Old Republic Title Company
Crider Mary C $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velazquez Gonzsalez Ricardo $214,500
Previous Owner Garcia Rosendo $161,232
Previous Owner Garcia Rosendo $183,487
Previous Owner Pulgarin Monico $149,489
Previous Owner Moreno Jose T $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $385,000 +10.0% $133 / Sq Ft
02/18/2021 02/18/21 For Sale $350,000 +22.4% $121 / Sq Ft
10/05/2018 10/05/18 Sold $286,000 0.0% $99 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $286,000 -- $99 / 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 $1,503 $72,587 $43,750 $28,837
2024 $1,393 $72,587 $43,750 $28,837
2023 $1,393 $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: 2271220

Las Vegas REALTORS®

APN: 139-13-410-007