NOT LISTED FOR SALE

Estimated Value: $377,922 - $539,000

4 Beds
4 Baths
1,360 Sq Ft
$333/Sq Ft Est. Value

Last Sold November 02, 2015

Last sale price $145,000 $107 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $2,444/month

198 Days on Market

Highlights

  • Private Yard
  • Property is in very good condition
  • 1-Story Property
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of November 2015

100% Occupied -Priced To Sell. HUGE CAP 12%*. Tile floors, gated courtyard, paint inside/out and plenty of off street parking with oversized lot. Property produces $1800 gross monthly income. Tenants all on leases Low operating expenses + strong rental market = Great ROI. Best buy in downtown area.

Last Agent to Sell the Property

Paul Macaluso

Simply Vegas License #BS.0145166 Listed on: 03/18/2015

Simply Vegas

Last Buyer's Agent

Paul Macaluso

Simply Vegas License #BS.0145166 Listed on: 03/18/2015

Simply Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 1959

Lot Details

  • 0.25 Acre Lot
  • Private Yard
  • Property is in very good condition

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring

Utilities

  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 3 / 2529

Community Details

Overview

  • 2 Buildings
  • Sunrise Park Subdivision

Building Details

  • Maintenance Expense $1
  • Professional Management Expense $432

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,998

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • CapRate: 11.55
  • Professional Management Expense: 432.0
  • Subdivision Name: SUNRISE PARK
  • Directions: Take I15 exit East Charelston, Charelston to Eastern, L onto Eastern, R onto Valley, Property is on the right side
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1959
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1959

Interior Features

  • Number Of Buildings: 2
  • Flooring: Ceramic Tile
  • Window Features: Blinds

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Block, Stucco
  • Exterior Features: Private Yard
  • Property Condition: Resale, Very Good Condition
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Other
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 21384.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 3500.0

Tax Info

  • Tax Annual Amount: 1998.0
  • Tax Block: 2529
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2015
Closed on
Oct 6, 2015
Sold by
Haddad Iyad
Bought by
Zhu Marie and Miao Fran
Seller's Agent
Paul Macaluso
Simply Vegas
Buyer's Agent
Paul Macaluso
Simply Vegas
List Price
$158,888
Sold Price
$145,000
Premium/Discount to List
-$13,888
-8.74%
Current Estimated Value
$433,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,129
Avg. Annual Appreciation
11.94%
Original Mortgage
$101,500
Outstanding Balance
$80,919
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$357,221

Purchase Details

Closed on
May 22, 2009
Sold by
Delossantos Matt
Bought by
Poster Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
4.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 13, 2009
Sold by
Mazel Llc
Bought by
Poster Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
4.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 3, 2009
Sold by
The Bank Of New York Mellon
Bought by
Mazel Llc

Purchase Details

Closed on
Dec 30, 2008
Sold by
Martinez Lucio and Martinez Susana
Bought by
The Bank Of New York Mellon and Novastar Mortgage Funging Trust 2005-3

Purchase Details

Closed on
Aug 10, 2005
Sold by
Zebosky Joseph T and Zebosky Cindy R
Bought by
Martinez Lucio and Martinez Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
7.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 9, 2002
Sold by
Truell Odette F
Bought by
Zebosky Joseph T and Zebosky Cindy R
Source: Public Records

Range of Values:

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Average Value
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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
Zhu Marie $145,000 Fidelity National Title
Poster Mary Ann -- First American Title Paseo V
Poster Mary Ann $66,000 First American Title Paseo V
Mazel Llc $60,000 Servicelink Aliquippa
The Bank Of New York Mellon $243,298 Fidelity National Default So
Martinez Lucio $325,000 Fidelity National Title
Zebosky Joseph T $99,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Marie $101,500
Previous Owner Poster Mary Ann $52,800
Previous Owner Martinez Lucio $276,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2015 11/02/15 Sold $145,000 -8.7% $107 / Sq Ft
10/03/2015 10/03/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $158,888 -- $117 / 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 $1,007 $68,335 $38,150 $30,185
2024 $933 $68,335 $38,150 $30,185
2023 $621 $71,028 $44,800 $26,228
2022 $864 $48,171 $23,800 $24,371
2021 $800 $42,535 $23,800 $18,735
2020 $740 $43,048 $23,800 $19,248
2019 $694 $34,549 $15,925 $18,624
2018 $662 $26,026 $8,750 $17,276
2017 $786 $23,988 $7,000 $16,988
2016 $621 $22,193 $5,600 $16,593
2015 $1,605 $20,579 $4,550 $16,029
2014 $1,998 $22,071 $4,375 $17,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1524367

Las Vegas REALTORS®

APN: 139-36-410-012