NOT LISTED FOR SALE

2889 Wheelwright Dr Las Vegas, NV 89121

Estimated Value: $504,103 - $643,000

8 Beds
8 Baths
3,672 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 07, 2018

Last sale price $270,000 $74 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,902/month

96 Days on Market

About This Home

As of March 2018

Great investment opportunity. Section 8 approved. Management on site. 4 identical units. All have been recently updated. Kitchens feature granite countertops, tile backsplash, and tile floors. Granite counters and tile flooring in bathrooms. All 4 units come with all appliances including washer and dryer.

Last Agent to Sell the Property

Catherine Hyde

Simply Vegas License #S.0070366 Listed on: 10/31/2017

Simply Vegas

Last Buyer's Agent

Justin Chiang

Keller Williams Realty Las Veg License #S.0174492

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1984

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $560 Monthly HOA Fees

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,672 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, sewer, security, taxes
  • 4 Units
  • Carriage Park Villas 1 Subdivision

Building Details

  • Maintenance Expense $1
  • Professional Management Expense $3,264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,600

Year Built

Built in 1984

Lot Details

0

HOA Fees

$560 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • CapRate: 9.59
  • Professional Management Expense: 3264.0
  • Subdivision Name: CARRIAGE PARK VILLAS 1
  • Directions: From 1-95 & Boulder Hwy (E) on Boulder, past Boulder Station, left on Lamb, right on Vegas Valley, left on Wheelwright.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1984
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1984

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Disposal
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1200.0

Condo/Co-op/Association

  • Amenities: Cable TV
  • Association Fee: 560.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Sewer, Security, Taxes

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 40800.0
  • Insurance Expense: 1100.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 13964.0

Tax Info

  • Tax Annual Amount: 1600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2017
Closed on
Mar 3, 2018
Sold by
Chiang Justin
Bought by
Chiang Weiqing
Seller's Agent
Catherine Hyde
Simply Vegas
Buyer's Agent
Justin Chiang
Keller Williams Realty Las Veg
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%
Current Estimated Value
$578,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,276
Avg. Annual Appreciation
10.22%
Original Mortgage
$191,250
Outstanding Balance
$164,435
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$396,165

Purchase Details

Listed on
Oct 31, 2017
Closed on
Feb 22, 2018
Sold by
Danenberg David
Bought by
Chiang Weiqing
Seller's Agent
Catherine Hyde
Simply Vegas
Buyer's Agent
Justin Chiang
Keller Williams Realty Las Veg
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Outstanding Balance
$164,435
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$396,165

Purchase Details

Closed on
Jul 19, 2017
Sold by
Harsan Holdins Llc
Bought by
Danenberg David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2016
Closed on
Nov 1, 2016
Sold by
Morrelli Catherine M
Bought by
Harson Holdings Llc
Seller's Agent
Richard Lasica
ERA Brokers Consolidated
Buyer's Agent
Wafa Abu-Hashish
Leading Vegas Realty
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%

Purchase Details

Listed on
Aug 26, 2014
Closed on
Dec 28, 2014
Sold by
Burton Erik
Bought by
Morelli Catherine M
Seller's Agent
Nancy Fritz
Las Vegas Realty Group
Buyer's Agent
Richard Lasica
ERA Brokers Consolidated
List Price
$242,500
Sold Price
$207,000
Premium/Discount to List
-$35,500
-14.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%

Purchase Details

Closed on
Apr 26, 2011
Sold by
Lobster 777 Llc
Bought by
Burton Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2007
Sold by
El Barouki Foazi and El Barouki Gufran H
Bought by
El Barouki Foazi and El Barouki Wisam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2004
Sold by
Vanian Shavarsh
Bought by
El Barouki Foazi and El Barouki Gufran H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
1.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 15, 2004
Sold by
Reyes Nano O and Reyes Marlene M
Bought by
Vanian Shavarsh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.1%
Mortgage Type
Unknown

Purchase Details

Closed on
May 28, 2002
Sold by
Geren Arizona Real Estate Partnership
Bought by
Reyes Nano O and Reyes Marlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,910
Interest Rate
10.88%

Purchase Details

Closed on
Jul 20, 1999
Sold by
Geren Donald F and Geren Evelyn A
Bought by
Geren Arizona Real Estate Partnership

Purchase Details

Closed on
Dec 16, 1997
Sold by
Hudson Michelle L
Bought by
Geren Donald F and Geren Evelyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
7.22%

Purchase Details

Closed on
Dec 2, 1996
Sold by
Lilienthal Leona Grace
Bought by
Hudson Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.76%
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
Chiang Weiqing -- Chicago Title Las Vegas
Chiang Weiqing $270,000 Chicago Title Las Vegas
Danenberg David $240,000 First American Title Ins
Harson Holdings Llc $230,000 Equity Title Of Nevada
Morelli Catherine M $207,000 Equity Title Of Nevada
Burton Erik $138,000 Noble Title
El Barouki Foazi -- First American Title
El Barouki Foazi $320,000 Lawyers Title Of Nevada
Vanian Shavarsh $295,400 Nevada Title Company
Reyes Nano O $229,900 Lawyers Title Insurance Co
Geren Arizona Real Estate Partnership -- --
Geren Donald F $182,000 First American Title Co
Hudson Michelle L $180,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiang Weiqing $191,250
Previous Owner Danenberg David $180,000
Previous Owner Burton Erik $103,500
Previous Owner El Barouki Foazi $273,000
Previous Owner El Barouki Foazi $252,000
Previous Owner Vanian Shavarsh $10,000
Previous Owner Vanian Shavarsh $212,000
Previous Owner Reyes Nano O $206,910
Previous Owner Geren Donald F $127,400
Previous Owner Hudson Michelle L $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2018 03/07/18 Sold $270,000 -3.5% $74 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
10/31/2017 10/31/17 For Sale $279,900 +16.6% $76 / Sq Ft
10/06/2017 10/06/17 Sold $240,000 -2.0% $65 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $245,000 +6.5% $67 / Sq Ft
11/04/2016 11/04/16 Sold $230,000 +2.2% $63 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $225,000 +8.7% $61 / Sq Ft
12/31/2014 12/31/14 Sold $207,000 -14.6% $56 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
08/26/2014 08/26/14 For Sale $242,500 -- $66 / 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 $2,588 $96,016 $36,050 $59,966
2024 $2,403 $96,016 $36,050 $59,966
2023 $1,600 $98,344 $41,650 $56,694
2022 $2,225 $80,682 $26,250 $54,432
2021 $2,060 $77,508 $25,200 $52,308
2020 $1,910 $76,035 $23,100 $52,935
2019 $1,790 $72,381 $19,250 $53,131
2018 $1,708 $70,132 $18,200 $51,932
2017 $2,047 $66,991 $17,500 $49,491
2016 $1,600 $65,434 $14,000 $51,434
2015 $1,596 $55,545 $11,200 $44,345
2014 $1,546 $48,263 $11,200 $37,063
Source: Public Records

Agents Affiliated with this Home

  • Catherine Hyde

    Seller's Agent in 2018

    Catherine Hyde

    Simply Vegas

    (702) 408-6455

    34 in this area

    131 Total Sales

    Catherine Hyde
    Section Image

  • J

    Buyer's Agent in 2018

    Justin Chiang

    Keller Williams Realty Las Veg

  • W

    Seller's Agent in 2017

    Wafa Abu-Hashish

    Leading Vegas Realty

  • R

    Seller's Agent in 2016

    Richard Lasica

    ERA Brokers Consolidated

    (702) 277-3728

    113 Total Sales

    Richard Lasica
    Section Image

  • N

    Seller's Agent in 2014

    Nancy Fritz

    Las Vegas Realty Group

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1943556

Las Vegas REALTORS®

APN: 161-08-213-007

Nevada Clark County Las Vegas 89121

2889 Wheelwright Dr, Las Vegas, NV

This home is located at 2889 Wheelwright Dr, Las Vegas, NV 89121 since 31 October 2017 and is currently estimated at $578,276, approximately $157 per square foot. This property was built in 1984. 2889 Wheelwright Dr is a home located in Clark County with nearby schools including Laura Dearing Elementary School, Jerome Mack Middle School, and Chaparral High School.

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