NOT LISTED FOR SALE

Estimated Value: $370,666 - $693,000

8 Beds
4 Baths
3,450 Sq Ft
$164/Sq Ft Est. Value

Last Sold January 11, 2013

Last sale price $115,500 $33 Per Sq Ft

Est. 389% increase in value since last sale

Current estimated payment $3,183/month

52 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of January 2013

Remodeled single level 4 plex with 4 two bedroom units. Property has a fenced courtyard, new granite countertops, tile flooring, new paint and more! 100% Occupied with great tenants! No HOA fees! Immediate cash flow! Great Property management in place.

Last Agent to Sell the Property

Wendy Cherrington

Orange Realty Group LLC License #S.0169033 Listed on: 10/20/2012

Last Buyer's Agent

Robert Little

RE/MAX Advantage License #0077169

RE/MAX Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $913

Year Built

  • Built in 1962

Lot Details

  • 9,148 Sq Ft Lot
  • Property is in good condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 3,450 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring
  • Disposal

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 1 / 39

Community Details

Overview

  • No Home Owners Association
  • Arrowhead Acres Tract Subdivision

Building Details

  • Maintenance Expense $1,200
  • Professional Management Expense $168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$913

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • CapRate: 15.23
  • Professional Management Expense: 168.0
  • Subdivision Name: ARROWHEAD ACRES TRACT
  • Directions: North on N Las Vegas blvd, turn right on Bassler st, left on Haddock ave, Right onto Statz st.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Number Of Buildings: 1
  • Appliances: Disposal, Refrigerator
  • Flooring: Ceramic Tile
  • Window Features: Blinds

Exterior Features

  • Construction Type: Block
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 600.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 27039.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1200.0
  • Annual Operating Expense: 8000.0

Tax Info

  • Tax Annual Amount: 913.0
  • Tax Block: 39
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2013
Sold by
Cooper Brent J
Bought by
Monutain Vista Properties Llc
Current Estimated Value
$564,222

Purchase Details

Listed on
Oct 20, 2012
Closed on
Feb 28, 2013
Sold by
Savatdy Sompong
Bought by
Cooper Brent J and Mvp Living Trust
Seller's Agent
Wendy Cherrington
Orange Realty Group LLC
Buyer's Agent
Robert Little
RE/MAX Advantage
List Price
$124,900
Sold Price
$115,500
Premium/Discount to List
-$9,400
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%

Purchase Details

Listed on
Oct 20, 2012
Closed on
Jan 10, 2013
Sold by
Gnc Properties Llc
Bought by
Savatdy Sompong
Seller's Agent
Wendy Cherrington
Orange Realty Group LLC
Buyer's Agent
Robert Little
RE/MAX Advantage
List Price
$124,900
Sold Price
$115,500
Premium/Discount to List
-$9,400
-7.53%

Purchase Details

Listed on
Mar 30, 2012
Closed on
May 10, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Gnc Properties Llc
Seller's Agent
Cheryl Davis
Paragon Premier Properties
Buyer's Agent
Wendy Cherrington
Orange Realty Group LLC
List Price
$91,000
Sold Price
$80,000
Premium/Discount to List
-$11,000
-12.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.50%

Purchase Details

Closed on
Nov 23, 2011
Sold by
Herrera Leonor
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 16, 2004
Sold by
Herrera Jose F
Bought by
Herrera Leonor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2004
Sold by
Herrera Leonor
Bought by
Herrera Jose F and Herrera Leonor

Purchase Details

Closed on
Sep 25, 2001
Sold by
Urrutia Rudy
Bought by
Herrera Leonor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,520
Interest Rate
6.88%

Purchase Details

Closed on
Sep 21, 2001
Sold by
Arroyo Paul and Arroyo Al
Bought by
Urrutia Rudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,520
Interest Rate
6.88%

Purchase Details

Closed on
Dec 1, 1997
Sold by
Garcia Renee
Bought by
Arroyo Paul and Arroyo Al

Purchase Details

Closed on
Jan 23, 1996
Sold by
Martinez Daniel T
Bought by
Garcia Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,227
Interest Rate
7.05%
Mortgage Type
FHA
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
Monutain Vista Properties Llc -- None Available
Cooper Brent J -- None Available
Savatdy Sompong $115,500 Nevada Title Las Vegas
Gnc Properties Llc $80,000 Chicago Title Las Vegas
Deutsche Bank National Trust Company $87,300 Accommodation
Herrera Leonor -- Lawyers Title Of Nevada
Herrera Jose F -- Lawyers Title Of Nevada
Herrera Jose F $196,900 --
Herrera Jose F -- --
Herrera Leonor $196,900 Stewart Title
Urrutia Rudy $160,000 Stewart Title
Arroyo Al -- Stewart Title
Arroyo Paul -- Stewart Title
Arroyo Paul $122,000 Stewart Title
Garcia Renee $128,000 Ati Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera Leonor $297,600
Previous Owner Herrera Leonor $274,500
Previous Owner Herrera Leonor $157,520
Previous Owner Garcia Renee $126,227
Closed Herrera Leonor $39,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2013 01/11/13 Sold $115,500 -7.5% $33 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
10/20/2012 10/20/12 For Sale $124,900 +56.1% $36 / Sq Ft
05/22/2012 05/22/12 Sold $80,000 -12.1% $23 / Sq Ft
04/22/2012 04/22/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $91,000 -- $26 / 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 $1,599 $75,236 $43,750 $31,486
2024 $1,481 $75,236 $43,750 $31,486
2023 $1,481 $71,312 $43,750 $27,562
2022 $1,371 $60,628 $35,000 $25,628
2021 $1,270 $53,568 $29,750 $23,818
2020 $1,176 $52,433 $29,050 $23,383
2019 $1,102 $47,209 $24,500 $22,709
2018 $1,052 $42,455 $21,000 $21,455
2017 $1,316 $39,245 $18,200 $21,045
2016 $986 $33,274 $12,600 $20,674
2015 $983 $31,149 $11,200 $19,949
2014 $952 $27,542 $8,400 $19,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1294768

Las Vegas REALTORS®

APN: 139-13-410-172