$23,500
SOLD DEC 2, 2016
-- Bed
-- Bath
2,870 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$8 Per Sq Ft

90% Below List Price

239 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Property is in very good condition
  • Laundry Room
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2024

Great investment opportunity, high demand rent area. Near all amenities including shopping, bus stops, schools. Central laundry facilities for each 4-plex.

Last Agent to Sell the Property

Fabian Lopez

United Realty Group License #S.0169773 Listed on: 03/07/2016

Last Buyer's Agent

Kyle Mayer

Realty 360 License #S.0175493

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

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

Home Design

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

Interior Spaces

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

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Parking

  • 6 Parking Spaces
  • Alley Access

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 17 / 1

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Artesian Acres Amd Subdivision

Building Details

  • Maintenance Expense $150

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • CapRate: 9.63
  • Subdivision Name: ARTESIAN ACRES AMD
  • Directions: from 95 and eastern, two blocks north on eastern, right on mesquite
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Exhaust Fan, Disposal, Oven, Range, Range Hood
  • Flooring: Ceramic Tile
  • Living Area: 2870.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Wood Frame
  • Property Condition: Resale, Very Good Condition
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Alley Access
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 300.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 29640.0
  • Insurance Expense: 92.0
  • Maintenance Expense: 150.0
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 946.0
  • Tax Block: 1
  • Tax Lot: 17

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
Current Estimated Value
$573,691

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
$107,111

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
8.03%
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
10.36%
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
44.34%
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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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 Type Sale Price Title Company
Bargain Sale Deed $580,000 Lawyers Title
Bargain Sale Deed $580,000 Lawyers Title
Bargain Sale Deed $510,000 Lawyers Title
Bargain Sale Deed $300,000 Driggs Title Agency Inc
Bargain Sale Deed $293,000 Stewart Title Company F
Bargain Sale Deed $270,000 Ticor Title Las Vegas
Bargain Sale Deed -- None Available
Bargain Sale Deed $235,000 Ticor Title Las Vegas
Bargain Sale Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $464,000 New Conventional
Closed $464,000 New Conventional
Previous Owner $459,000 Balloon
Previous Owner $228,534 New Conventional
Previous Owner $42,000 Commercial
Previous Owner $22,500 New Conventional
Previous Owner $218,250 New Conventional
Previous Owner $202,500 New Conventional
Previous Owner $176,250 New Conventional
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: 1613650

Las Vegas REALTORS®

APN: 139-36-114-010