NOT LISTED FOR SALE

Estimated Value: $510,000 - $599,000

6 Beds
4 Baths
2,870 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $510,000 $178 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,292/month

3 Days on Market

Highlights

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

About This Home

As of March 2024

This is a great investment opportunity. FOUR-PLEX IN CENTRAL LOCATION, CLOSE TO RESTAURANTS, BANKING, SHOPPING AND SCHOOLS. CLOSE TO FREEWAY ACCES, income producing property. All units are currently rented. Just add coin operated washer and dryer on the laundry room for extra cash, PERFECT FOR INVESTORS AND/OR FIRST TIME BUYERS. ALL UNITS ARE CURRENTLY RENTED.

Last Agent to Sell the Property

Ismael Mendoza

American Realty Properties LLC Brokerage Phone: 702-506-7100 License #S.0170967 Listed on: 02/05/2024

Last Buyer's Agent

Greg Martin

LIFE Realty District License #S.0180637

LIFE Realty District

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,427

Year Built

  • Built in 1963

Lot Details

  • 6,098 Sq Ft Lot
  • Private Yard
  • Property is in good condition

Parking

  • Alley Access

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,870 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Artesian Acres Subdivision

Building Details

  • Maintenance Expense $300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,427

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • CapRate: 9.5
  • Subdivision Name: Artesian Acres
  • Directions: from 95 and eastern , two block north on eastern make a right on mesquite
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Attribution Contact: 702-506-7100
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Refrigerator
  • Flooring: Ceramic Tile
  • Interior Amenities: Window Treatments
  • Living Area: 2870.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Private Yard
  • Patio And Porch Features: Patio
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 90.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 6098.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 50730.0
  • Insurance Expense: 115.0
  • Maintenance Expense: 300.0
  • Annual Operating Expense: 6510.0

Tax Info

  • Tax Annual Amount: 1427.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2024
Sold by
Campbell James Robert Kulani
Bought by
Tenzer Jason and Weber Erin L
Total Days on Market
3
Current Estimated Value
$563,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Outstanding Balance
$461,145
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$102,553

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 5, 2024
Sold by
Chavez Ruben Mendoza and Chavez Virginia
Bought by
Campbell James Robert Kulan
Seller's Agent
Ismael Mendoza
American Realty Properties LLC
Buyer's Agent
Greg Martin
LIFE Realty District
List Price
$490,000
Sold Price
$510,000
Premium/Discount to List
$20,000
4.08%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$459,000
Interest Rate
5.96%
Mortgage Type
Balloon

Purchase Details

Closed on
May 25, 2019
Sold by
Villanueva Aurelio and Villanueva Maria G
Bought by
Chavez Ruben Mendoza and Valdovinos Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2018
Sold by
Regalado Raymundo
Bought by
Villanueva Aurelio and Villanueva Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2017
Closed on
Jan 4, 2018
Sold by
Tuacahn Enterprises Llc
Bought by
Regalado Raymundo
Seller's Agent
Kevin Sullivan
Keller Williams MarketPlace
Buyer's Agent
Brenda Chavez
Signature Real Estate Group
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%
Original Mortgage
$202,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2017
Sold by
Hodge Peter J
Bought by
Tuacahn Enterprises Llc

Purchase Details

Listed on
Mar 7, 2016
Closed on
Nov 17, 2016
Sold by
Tod Las Vegas I Llc
Bought by
Hodge Peter J
Seller's Agent
Fabian Lopez
United Realty Group
Buyer's Agent
Kyle Mayer
Realty 360
List Price
$235,000
Sold Price
$23,500
Premium/Discount to List
-$211,500
-90%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.26%
Original Mortgage
$176,250
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2016
Closed on
Nov 14, 2016
Sold by
Sackley Family Management A Llc
Bought by
Tod Las Vegas 1 Llc
Seller's Agent
Fabian Lopez
United Realty Group
Buyer's Agent
Kyle Mayer
Realty 360
List Price
$235,000
Sold Price
$23,500
Premium/Discount to List
-$211,500
-90%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2014
Sold by
Sackley Stuart H and Sackley Sharon Mary Concannon
Bought by
Sackley Family Management A Llc
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
Tenzer Jason $580,000 Lawyers Title
Tenzer Jason $580,000 Lawyers Title
Campbell James Robert Kulan $510,000 Lawyers Title
Chavez Ruben Mendoza $300,000 Driggs Title Agency Inc
Villanueva Aurelio $293,000 Stewart Title Company F
Regalado Raymundo $270,000 Ticor Title Las Vegas
Tuacahn Enterprises Llc -- None Available
Hodge Peter J $235,000 Ticor Title Las Vegas
Tod Las Vegas 1 Llc -- None Available
Sackley Family Management A Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tenzer Jason $464,000
Closed Tenzer Jason $464,000
Previous Owner Campbell James Robert Kulan $459,000
Previous Owner Chavez Ruben Mendoza $228,534
Previous Owner Chavez Ruben Mendoza $42,000
Previous Owner Chavez Ruben Mendoza $22,500
Previous Owner Villanueva Aurelio $218,250
Previous Owner Regalado Raymundo $202,500
Previous Owner Hodge Peter J $176,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $510,000 +4.1% $178 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $490,000 +81.5% $171 / Sq Ft
01/17/2018 01/17/18 Sold $270,000 -1.8% $94 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
11/22/2017 11/22/17 For Sale $275,000 +1070.2% $96 / Sq Ft
12/02/2016 12/02/16 Sold $23,500 -90.0% $8 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $235,000 -- $82 / 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 $1,540 $68,840 $42,000 $26,840
2024 $1,427 $68,840 $42,000 $26,840
2023 $1,427 $67,276 $43,750 $23,526
2022 $1,321 $56,874 $35,000 $21,874
2021 $1,224 $51,827 $31,500 $20,327
2020 $1,133 $47,992 $28,000 $19,992
2019 $1,062 $44,588 $25,200 $19,388
2018 $1,013 $31,425 $13,125 $18,300
2017 $1,002 $30,567 $12,600 $17,967
2016 $1,420 $28,860 $11,200 $17,660
2015 $947 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2557781

Las Vegas REALTORS®

APN: 139-36-114-010