NOT LISTED FOR SALE

Estimated Value: $567,000 - $648,000

8 Beds
8 Baths
3,880 Sq Ft
$159/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $425,000 $110 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,339/month

34 Days on Market

About This Home

As of September 2021

AMAZING FOUR PLEX! 100% OCCUPIED. 2 BED 2 BATH UNITS, KITCHEN ISLANDS, CARPET, TILE FLOORS. NO HOA! PLENTY OF PARKING IN BACK OF BUILDING. CLOSE TO SCHOOLS, SHOPPING, RESTAURANTS AND MORE!

Last Agent to Sell the Property

Mirvate Thrower

eXp Realty License #BS.0146243 Listed on: 07/07/2021

eXp Realty

Last Buyer's Agent

Doug Verhaalen

Coldwell Banker Premier License #S.0173341

Coldwell Banker Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $889

Year Built

  • Built in 1963

Lot Details

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

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,880 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Parking

  • 4 Parking Spaces
  • Alley Access
  • Paved Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 4 Units
  • Shenandoah Square Subdivision

Building Details

  • Professional Management Expense $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$889

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • CapRate: 5.25
  • Professional Management Expense: 2100.0
  • Subdivision Name: Shenandoah Square
  • Directions: FROM EASTERN & STEWART, EAST ON STEWART, LEFT ON 28TH STREET, RIGHT ON ELM
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Attribution Contact: 702-777-0002
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Flooring: Carpet, Other, Tile
  • Interior Amenities: None
  • Living Area: 3880.0

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Alley Access, Paved
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 844.0

Condo/Co-op/Association

  • Amenities: None

Schools

Lot Info

  • Lot Size Sq Ft: 7841.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 32400.0
  • Insurance Expense: 850.0
  • Annual Operating Expense: 6190.0

Tax Info

  • Tax Annual Amount: 889.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2022
Sold by
Golden Opportunity No 14 Lp
Bought by
Mpsn Holdings No 1 Lp
Current Estimated Value
$617,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,367,000
Outstanding Balance
$13,669,747
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$13,052,414

Purchase Details

Listed on
Jul 7, 2021
Closed on
Sep 8, 2021
Sold by
Nguyen Giau N
Bought by
Golden Opportunity No 14 Lp
Seller's Agent
Mirvate Thrower
eXp Realty
Buyer's Agent
Doug Verhaalen
Coldwell Banker Premier
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$425,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 7, 2021
Closed on
Sep 2, 2021
Sold by
Chen Katie
Bought by
Chen Michael A
Seller's Agent
Mirvate Thrower
eXp Realty
Buyer's Agent
Doug Verhaalen
Coldwell Banker Premier
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2015
Sold by
Chen Micheal A
Bought by
Nguyen Giau N

Purchase Details

Closed on
Aug 31, 2010
Sold by
Ngo Karin Lor and Ngo Chi
Bought by
Chen Michael A

Purchase Details

Closed on
Feb 15, 2006
Sold by
Kang David
Bought by
Ngo Chi and Ngo Karin Lor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 16, 2005
Sold by
Knh Llc
Bought by
Kang David and The Kang Living Trust

Purchase Details

Closed on
Jun 9, 2005
Sold by
Kerp Llc
Bought by
Knh Llc

Purchase Details

Closed on
Nov 11, 2004
Sold by
Kang David
Bought by
Kerp Llc

Purchase Details

Closed on
Aug 4, 2004
Sold by
Fedel David F and Holmes Howard F
Bought by
Kang David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 29, 2003
Sold by
Pintado Barajas Marcelino
Bought by
Holmes Howard F and Fedel David F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
5.79%

Purchase Details

Closed on
Dec 20, 2001
Sold by
Fuller Donald
Bought by
Pintado Barajas Marcelino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,230
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2000
Sold by
Fuller Donald and Fuller Kathryn Ann
Bought by
Fuller Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.92%

Purchase Details

Closed on
Dec 14, 2000
Sold by
Gold Allan M
Bought by
Fuller Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.92%

Purchase Details

Closed on
Jun 29, 1995
Sold by
Hyde Wayne K
Bought by
Gold Allan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,350
Interest Rate
7.88%
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
Mpsn Holdings No 1 Lp $2,423,000 Equity Title
Golden Opportunity No 14 Lp $425,000 Equity Title Of Nevada
Nguyen Giau N -- Equity Title Of Nevada
Chen Michael A -- Equity Title Of Nevada
Nguyen Giau N $130,000 None Available
Chen Michael A $90,000 Chicago Title Las Vegas
Ngo Chi $370,000 Chicago Title
Kang David -- None Available
Knh Llc -- --
Kerp Llc -- --
Kang David $275,000 Accudata Title Llc
Holmes Howard F $265,000 Lawyers Title Of Nevada
Pintado Barajas Marcelino $244,000 Lawyers Title
Fuller Donald -- Land Title
Fuller Donald $200,000 Land Title
Gold Allan M $125,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mpsn Holdings No 1 Lp $14,367,000
Previous Owner Golden Opportunity No 14 Lp $425,000
Previous Owner Ngo Chi $296,000
Previous Owner Kang David $220,000
Previous Owner Holmes Howard F $238,500
Previous Owner Pintado Barajas Marcelino $240,230
Previous Owner Fuller Donald $160,000
Previous Owner Gold Allan M $83,350
Closed Fuller Donald $30,000
Closed Kang David $27,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $425,000 -14.8% $110 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $499,000 -- $129 / 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 $1,209 $79,942 $42,000 $37,942
2024 $1,120 $79,942 $42,000 $37,942
2023 $1,120 $79,720 $46,550 $33,170
2022 $1,037 $68,621 $37,800 $30,821
2021 $960 $60,143 $31,500 $28,643
2020 $889 $56,055 $28,000 $28,055
2019 $833 $52,457 $25,200 $27,257
2018 $795 $44,002 $18,200 $25,802
2017 $1,219 $37,191 $11,900 $25,291
2016 $745 $34,642 $9,800 $24,842
2015 $743 $30,960 $7,000 $23,960
2014 $720 $30,021 $7,000 $23,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2312742

Las Vegas REALTORS®

APN: 139-36-212-017