NOT LISTED FOR SALE

Estimated Value: $484,000 - $644,000

8 Beds
4 Baths
3,040 Sq Ft
$183/Sq Ft Est. Value

Last Sold April 05, 2012

Last sale price $105,000 $35 Per Sq Ft

Est. 423% increase in value since last sale

Current estimated payment $3,101/month

293 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2012

NOT BANK OWNED OR SHORT SALE. GREAT OPPORTUNITY FOR CASH FLOW.

Last Agent to Sell the Property

Noah Herrera

Platinum Real Estate Prof License #BS.0033191 Listed on: 05/17/2011

Platinum Real Estate Prof

Last Buyer's Agent

Noah Herrera

Platinum Real Estate Prof License #BS.0033191 Listed on: 05/17/2011

Platinum Real Estate Prof

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,128

Year Built

  • Built in 1963

Lot Details

  • 8,505 Sq Ft Lot
  • Property is in average condition

Parking

  • 4 Parking Spaces

Home Design

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

Interior Spaces

  • 3,040 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1 / 29

Community Details

Overview

  • 2 Units
  • Arrowhead Acres Tract Subdivision

Building Details

  • Maintenance Expense $50

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,128

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • CapRate: 12.87
  • Subdivision Name: ARROWHEAD ACRES TRACT
  • Directions: EAST ON LAKE MEAD PAST CIVIC CENTER, LEFT ON BASSLER TO PROPERTY.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Number Of Buildings: 1
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None

Exterior Features

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

Garage/Parking

  • 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: 350.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8505.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 22800.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 50.0
  • Annual Operating Expense: 4800.0

Tax Info

  • Tax Annual Amount: 1128.0
  • Tax Block: 29
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2015
Sold by
Sanchez Jesus Victor
Bought by
Sanchez Jesus Maria De Los Angeles
Current Estimated Value
$548,667

Purchase Details

Listed on
May 17, 2011
Closed on
Apr 2, 2012
Sold by
Dejuarez Rutila Marquez
Bought by
Juarez Martinez Jose
Seller's Agent
Noah Herrera
Platinum Real Estate Prof
Buyer's Agent
Noah Herrera
Platinum Real Estate Prof
List Price
$149,900
Sold Price
$105,000
Premium/Discount to List
-$44,900
-29.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$102,338
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
May 17, 2011
Closed on
Mar 30, 2012
Sold by
Vargas Robert
Bought by
Martinez Jose Juarez
Seller's Agent
Noah Herrera
Platinum Real Estate Prof
Buyer's Agent
Noah Herrera
Platinum Real Estate Prof
List Price
$149,900
Sold Price
$105,000
Premium/Discount to List
-$44,900
-29.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,338
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2009
Sold by
Vargas Theresa Martinez
Bought by
Vargas Robert

Purchase Details

Closed on
May 7, 2009
Sold by
The Bank Of New York
Bought by
Vargas Robert

Purchase Details

Closed on
May 13, 2008
Sold by
Amezcua Consuelo
Bought by
The Bank Of New York and Certificateholders Of Chl Mtg Pass Throu

Purchase Details

Closed on
Dec 28, 2006
Sold by
Nuno Fernando
Bought by
Amezcua Consuelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 27, 2006
Sold by
Cabrera John C and Cabrera Leticia E
Bought by
Amezcua Consuelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 27, 2005
Sold by
Guzman Martin B and Guzman Lorenza S
Bought by
Cabrera John C and Cabrera Leticia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 28, 2003
Sold by
Deanaya Ma O Cruz
Bought by
Anaya Nemesio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,992
Interest Rate
5.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 2003
Sold by
Anaya Nemecio and Anaya Nemicio
Bought by
Guzman Martin B and Guzman Lorenza S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,992
Interest Rate
5.6%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 1994
Sold by
Field Kenneth R and Field Winifred
Bought by
Anaya Nemicio and Anaya Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,800
Interest Rate
7.15%
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
Sanchez Jesus Maria De Los Angeles -- First American Title Paseo
Sanchez Jesus Maira De Los Angeles -- First American Title Paseo
Juarez Martinez Jose -- Chicago Title Las Vegas
Martinez Jose Juarez $124,900 Chicago Title Las Vegas
Vargas Robert -- Chicago Title Las Vegas
Vargas Robert -- First American Title Paseo V
Vargas Robert $63,500 First American Title Paseo V
The Bank Of New York $334,349 Fidelity National
Amezcua Consuelo -- North American Title Co
Amezcua Consuelo $412,000 North American Title Co
Cabrera John C $325,000 Ticor Title Of Nevada Inc
Anaya Nemesio -- Lawyers Title Of Nevada
Guzman Martin B $224,000 Lawyers Title Of Nevada
Anaya Nemicio $28,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Jose Juarez $102,338
Previous Owner Vargas Robert $30,000
Previous Owner Vargas Robert $25,000
Previous Owner Amezcua Consuelo $309,000
Previous Owner Cabrera John C $243,750
Previous Owner Guzman Martin B $215,992
Previous Owner Anaya Nemicio $17,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2012 04/05/12 Sold $105,000 -30.0% $35 / Sq Ft
03/06/2012 03/06/12 Pending -- -- --
05/17/2011 05/17/11 For Sale $149,900 -- $49 / 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 $1,165 $72,359 $43,750 $28,609
2024 $1,131 $72,359 $43,750 $28,609
2023 $1,131 $68,825 $43,750 $25,075
2022 $1,098 $58,310 $35,000 $23,310
2021 $1,067 $51,413 $29,750 $21,663
2020 $1,032 $50,349 $29,050 $21,299
2019 $1,002 $45,167 $24,500 $20,667
2018 $973 $40,511 $21,000 $19,511
2017 $1,253 $37,353 $18,200 $19,153
2016 $923 $31,428 $12,600 $18,828
2015 $920 $29,374 $11,200 $18,174
2014 $891 $25,776 $8,400 $17,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1147888

Las Vegas REALTORS®

APN: 139-13-410-110