NOT LISTED FOR SALE

Estimated Value: $306,984 - $648,000

6 Beds
4 Baths
2,500 Sq Ft
$204/Sq Ft Est. Value

Last Sold February 13, 2013

Last sale price $98,100 $39 Per Sq Ft

Est. 421% increase in value since last sale

Current estimated payment $2,844/month

53 Days on Market

Highlights

  • Refrigerated Cooling System
  • Central Heating and Cooling System
  • 4-minute walk to Boris Terrace Park
  • Laundry Room
  • Carpet

About This Home

As of February 2013

NLV 4-PLEX PRICED TO SELL!REAR YARD IS CONCRETE W/PKG FOR 9 OR 10 VEHICLES, PLUS A METAL STORAGE CONTAINER STAYS. ONE UNIT NEEDS COMPLETE REHAB, USED AS STORAGE. ROOF REPLACED ABOUT 5 YRS AGO PER SELLER.

Last Agent to Sell the Property

Liz Thompson

Desert Realty License #S.0016018 Listed on: 11/21/2012

Last Buyer's Agent

Carmen Ruiz

Park Place Realty License #S.0048148

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $884

Year Built

  • Built in 1980

Lot Details

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

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Laundry Room

Parking

  • 11 Parking Spaces
  • Paved Parking

Utilities

  • Refrigerated Cooling System
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 1 / 2

Community Details

Overview

  • 3 Units
  • Arrowhead Acres Tract Subdivision

Additional Features

  • Laundry Facilities
  • Maintenance Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$884

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • CapRate: 4.32
  • Subdivision Name: ARROWHEAD ACRES TRACT
  • Directions: FROM LVBN & LAKE MEAD: NORTH ON LVBN, WEST ON CARROLL.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1980
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1980

Interior Features

  • Number Of Buildings: 1
  • Flooring: Carpet
  • Living Area: 2500.0

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Pitched, Shingle

Garage/Parking

  • Parking Features: Paved
  • Total Parking Spaces: 11.0

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Cooling: Central Air, Refrigerated
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2200.0

Condo/Co-op/Association

  • Amenities: Laundry, None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 8040.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 1800.0
  • Annual Operating Expense: 4000.0

Tax Info

  • Tax Annual Amount: 884.0
  • Tax Block: 2
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2018
Sold by
Sierra Jose Barron and Cimental Gloria M Ruelas
Bought by
Sierra Jose Barron and Cimental Gloria M Ruelas
Current Estimated Value
$511,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Outstanding Balance
$118,545
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$404,057

Purchase Details

Listed on
Nov 21, 2012
Closed on
Feb 13, 2013
Sold by
Patton John W and Patton Doris A
Bought by
Sierra Jose Barron and Ruelas Maria G
Seller's Agent
Liz Thompson
Desert Realty
Buyer's Agent
Carmen Ruiz
Park Place Realty
List Price
$93,500
Sold Price
$98,100
Premium/Discount to List
$4,600
4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%

Purchase Details

Closed on
Apr 16, 2001
Sold by
Ellis Christine
Bought by
Ellis Christine and Christine Ellis Trust

Purchase Details

Closed on
Nov 15, 1995
Sold by
Ellis Claybon and Ellis Christine
Bought by
Payton John W and Patton Doris A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.51%
Mortgage Type
Seller Take Back
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
Sierra Jose Barron -- Driggs Title Agency Inc
Sierra Jose Barron $98,100 Lawyers Title Of Nevada Cha
Ellis Christine -- --
Payton John W $108,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sierra Jose Barron $136,500
Previous Owner Payton John W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2013 02/13/13 Sold $98,100 +4.9% $39 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
11/21/2012 11/21/12 For Sale $93,500 -- $37 / 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 $1,595 $83,888 $43,750 $40,138
2024 $1,477 $83,888 $43,750 $40,138
2023 $983 $82,163 $43,750 $38,413
2022 $1,368 $72,142 $35,000 $37,142
2021 $1,267 $65,649 $29,750 $35,899
2020 $1,174 $65,590 $29,050 $36,540
2019 $1,100 $59,528 $22,750 $36,778
2018 $1,049 $57,077 $21,000 $36,077
2017 $1,796 $53,535 $16,800 $36,735
2016 $983 $50,877 $12,600 $38,277
2015 $981 $49,290 $11,200 $38,090
2014 $950 $31,033 $8,400 $22,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1302624

Las Vegas REALTORS®

APN: 139-13-410-016