NOT LISTED FOR SALE

2617 Cedar Ave Las Vegas, NV 89101

East Las Vegas Neighborhood

Estimated Value: $558,000 - $619,000

6 Beds
4 Baths
2,870 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $335,000 $117 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,497/month

80 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Property is in excellent condition

About This Home

As of July 2019

Great investment opportunity for a renovated 1 story fourplex property located minutes away from downtown Las Vegas Strip! All units rented out. Gated entry. Private courtyard. No HOA. Granite kitchen counters. Ceramic tile floors. Three units have 2 bedrooms & 1 bathroom. One of best cash flow fourplexes for the price. Over $20K NOI. Cap Rate 8-9%. Laundry room area. Close proximity to shopping, schools, public transportation & freeway access.

Last Agent to Sell the Property

Jack Hay

Realty ONE Group, Inc License #S.0077848 Listed on: 04/11/2019

Realty ONE Group, Inc

Last Buyer's Agent

Angel Flores

Blue Diamond Realty LLC License #S.0184297

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 1962

Lot Details

  • 7,841 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Artesian Acres Lot 4 Blk 1 Subdivision

Additional Features

  • Laundry Facilities
  • Maintenance Expense $150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,015

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • CapRate: 8.97
  • Subdivision Name: ARTESIAN ACRES LOT 4 BLK 1
  • Directions: From 95 and Eastern, two blocks north on Eastern, right on East Cedar Avenue.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Number Of Buildings: 4
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet, Tile
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Excellent, Resale
  • Roof: Composition, Shingle

Utilities

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

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 27600.0
  • Insurance Expense: 92.0
  • Maintenance Expense: 150.0
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 1015.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2020
Sold by
Dunbar Services Llc
Bought by
Dunbar Aaron
Total Days on Market
80
Current Estimated Value
$583,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,250
Outstanding Balance
$292,709
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$286,291

Purchase Details

Listed on
Apr 11, 2019
Closed on
Sep 9, 2019
Sold by
Dunbar Aaron
Bought by
Dunbar Services Llc
Seller's Agent
Jack Hay
Realty ONE Group, Inc
Buyer's Agent
Angel Flores
Blue Diamond Realty LLC
List Price
$339,900
Sold Price
$335,000
Premium/Discount to List
-$4,900
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$327,228
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 11, 2019
Closed on
Jul 29, 2019
Sold by
Mueller Phillip R and Slaton Daniel B
Bought by
Dunbar Aaron
Seller's Agent
Jack Hay
Realty ONE Group, Inc
Buyer's Agent
Angel Flores
Blue Diamond Realty LLC
List Price
$339,900
Sold Price
$335,000
Premium/Discount to List
-$4,900
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,228
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 19, 2018
Closed on
Feb 28, 2018
Sold by
Newton Sarah
Bought by
Mueller Phillip R
Seller's Agent
Kevin Sullivan
Keller Williams MarketPlace
Buyer's Agent
Jack Hay
Realty ONE Group, Inc
List Price
$279,777
Sold Price
$275,000
Premium/Discount to List
-$4,777
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.02%
Original Mortgage
$206,250
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

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

Purchase Details

Closed on
Dec 8, 2016
Sold by
Tod Las Vegas 1 Llc
Bought by
Hodge Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2016
Sold by
Management B Llc
Bought by
Tod Las Vegas 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.09%
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 B Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dunbar Aaron $128,000 Wfg National Title Compan
Dunbar Services Llc -- None Available
Dunbar Aaron $335,000 Wfg National Title Compan
Mueller Phillip R -- Ticor Title Las Vegas
Slaton Daniel B -- Ticor Title Las Vegas
Mueller Phillip R $275,000 Ticor Title Las Vegas
Tuacahn Enterprires Llc -- None Available
Hodge Peter J $235,000 Ticor Title Las Vegas
Tod Las Vegas 1 Llc $235,000 None Available
Sackley Family Management B Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunbar Aaron $7,770
Open Dunbar Aaron $325,250
Previous Owner Dunbar Aaron $327,228
Previous Owner Mueller Phillip R $206,250
Previous Owner Hodge Peter J $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $335,000 -1.4% $117 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $339,900 +23.6% $118 / Sq Ft
03/02/2018 03/02/18 Sold $275,000 -1.7% $96 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $279,777 -- $97 / 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 $2,671 $68,916 $42,000 $26,916
2024 $3,516 $68,916 $42,000 $26,916
2023 $3,516 $67,342 $43,750 $23,592
2022 $1,323 $56,934 $35,000 $21,934
2021 $1,225 $51,883 $31,500 $20,383
2020 $1,135 $48,046 $28,000 $20,046
2019 $1,063 $44,640 $25,200 $19,440
2018 $1,015 $31,474 $13,125 $18,349
2017 $1,004 $30,617 $12,600 $18,017
2016 $12,375 $28,897 $11,200 $17,697
2015 $10,047 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jack Hay

    Seller's Agent in 2019

    Jack Hay

    Realty ONE Group, Inc

    1 in this area

    71 Total Sales

    Jack Hay
    Section Image
  • Angel Flores

    Buyer's Agent in 2019

    Angel Flores

    Blue Diamond Realty LLC

    (702) 419-9184

    4 in this area

    184 Total Sales

    Angel Flores
    Section Image

  • K

    Seller's Agent in 2018

    Kevin Sullivan

    Keller Williams MarketPlace

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2087132

Las Vegas REALTORS®

APN: 139-36-114-013

Nevada Clark County Las Vegas 89101 East Las Vegas

2617 Cedar Ave, Las Vegas, NV

This home is located at 2617 Cedar Ave, Las Vegas, NV 89101 since 11 April 2019 and is currently estimated at $583,333, approximately $203 per square foot. This property was built in 1962. 2617 Cedar Ave is a home located in Clark County with nearby schools including Arturo Cambeiro Elementary School, J.D. Smith Middle School, and Desert Pines High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

Nearby Homes