NOT LISTED FOR SALE

2760 Menlo Square Dr Las Vegas, NV 89101

Estimated Value: $500,918 - $587,000

8 Beds
4 Baths
2,800 Sq Ft
$195/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $375,000 $134 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,027/month

106 Days on Market

About This Home

As of June 2021

2760 Menlo Square Dr, Las Vegas, NV 89101 is in an opportunity zone on a large +/- 8,712 SF lot, built in 1982 and has redevelopment potential (check with city). There are four (4) 2 bed + 1 bath units. It has safe, stable cash flow, in an appreciating area, and is centrally located near the growing downtown Las Vegas area. It offers significant upside in rental income, and it is conveniently located near schools, businesses, restaurants, freeways, and transportation. Additionally, this property is a short drive from the arts district and the world famous Fremont Street, a five-block outdoor area consisting of restaurants, retail stores, and entertainment, which attracts thousands of people annually. With it's upside, central location, and stable cash flow in an appreciating area, it would be a great acquisition opportunity for investors or developers looking for a strong return. *Please don't disturb residents

Last Agent to Sell the Property

Marcie Hansen

Key Realty License #BS.0145866 Listed on: 01/16/2021

Last Buyer's Agent

Marcie Hansen

Key Realty License #BS.0145866 Listed on: 01/16/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1982

Lot Details

  • 8,712 Sq Ft Lot
  • Property is in average condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Menlo Square Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,180

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • CapRate: 5.73
  • Subdivision Name: Menlo Square
  • Directions: 28th Street and Menlo Square Dr
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1982

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None
  • Living Area: 2800.0

Exterior Features

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

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1
  • Annual Operating Expense: 21477.0

Tax Info

  • Tax Annual Amount: 1180.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2022
Sold by
Macaraeg Lino Tauzon and Macaraeg Caroline Aquin
Bought by
Macaraeg Family Trust
Current Estimated Value
$547,230

Purchase Details

Closed on
Mar 10, 2021
Sold by
Santos Joaquin
Bought by
Macaraeg Lino Tauzon and Macaraeg Caroline Aquino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2003
Sold by
Rodriguez Rafael and Aguayo Maria C
Bought by
Santos Joaquin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 29, 2003
Sold by
Cosio Rafael Rodriguez and Derodriguez Maria C Aguayo
Bought by
Rodriguez Rafael and Aguayo Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,900
Interest Rate
5.97%

Purchase Details

Closed on
Nov 7, 2001
Sold by
Vargas Corona Miguel and Cosio Rafael Rodriguez
Bought by
Rodriguez Cosio Rafael

Purchase Details

Closed on
Jan 11, 2001
Sold by
Vargas Corona Miguel
Bought by
Rodriguez Rapheal

Purchase Details

Closed on
Apr 17, 1998
Sold by
Rmk Ltd Partnership
Bought by
Vargas Corona Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,217
Interest Rate
7.18%
Mortgage Type
FHA
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
Macaraeg Family Trust -- --
Macaraeg Lino Tauzon $375,000 Premier American Title
Santos Joaquin $220,000 National Title Company
Rodriguez Rafael -- Equity Title Of Nevada
Rodriguez Cosio Rafael $141,500 Equity Title
Rodriguez Rapheal $149,800 --
Vargas Corona Miguel $149,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macaraeg Lino Tauzon $225,000
Previous Owner Santos Joaquin $176,000
Previous Owner Rodriguez Rafael $146,900
Previous Owner Vargas Corona Miguel $146,217
Closed Santos Joaquin $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2021 06/02/21 Sold $375,000 0.0% $134 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $375,000 -- $134 / 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 $1,603 $78,933 $38,150 $40,783
2024 $2,184 $78,933 $38,150 $40,783
2023 $2,184 $80,761 $42,000 $38,761
2022 $1,376 $65,418 $28,000 $37,418
2021 $1,274 $59,878 $23,800 $36,078
2020 $1,180 $60,508 $23,800 $36,708
2019 $1,106 $59,265 $22,400 $36,865
2018 $1,055 $50,706 $14,700 $36,006
2017 $1,481 $50,482 $14,000 $36,482
2016 $989 $42,405 $11,200 $31,205
2015 $986 $38,615 $8,750 $29,865
2014 $955 $31,597 $14,000 $17,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2262240

Las Vegas REALTORS®

APN: 139-36-412-002