NOT LISTED FOR SALE

Estimated Value: $415,000 - $528,000

6 Beds
4 Baths
2,082 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $490,000 $235 Per Sq Ft

Current estimated payment $2,709/month

4 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of October 2023

Awesome location! Maintained triplex (with studio add-on for a total of 4 units) in close proximity to the Las Vegas Strip. This property has excellent curb appeal with new stucco, paint, and landscaping with new watering system. There are 3 separate one story buildings located in an unbeatable location with 2 of the tenants long term. Studio was recently upgraded with new paint and new appliances. Property is being sold as-is.

Last Agent to Sell the Property

Tamara Heidel

Heidel Realty Brokerage Email: tamara@teamheidel.com License #B.0000418 Listed on: 09/10/2023

Last Buyer's Agent

David Klug

Signature Real Estate Group License #S.0168562

Signature Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $985

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Pitched Roof

Interior Spaces

  • 2,082 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Fourteenth Street City Add Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$985

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • CapRate: 8.78
  • Subdivision Name: Fourteenth Street City Add
  • Directions: Head south on Las Vegas Blvd from the 95, left on Stewart, and left on 15th.
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Attribution Contact: tamara@teamheidel.com
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 2
  • Flooring: Other
  • Interior Amenities: None
  • Living Area: 2082.0

Exterior Features

  • Construction Type: Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Pitched

Utilities

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

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1182.0

Tax Info

  • Tax Annual Amount: 985.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2023
Closed on
Oct 13, 2023
Sold by
Weiler Christina
Bought by
Weiler Dominic
Seller's Agent
Tamara Heidel
Heidel Realty
Buyer's Agent
David Klug
Signature Real Estate Group
List Price
$575,000
Sold Price
$490,000
Premium/Discount to List
-$85,000
-14.78%
Total Days on Market
4
Views
10
Current Estimated Value
$492,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,425
Avg. Annual Appreciation
0.30%
Original Mortgage
$345,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2023
Closed on
Oct 6, 2023
Sold by
Fbgm Investments Llc
Bought by
Weiler Dominic
Seller's Agent
Tamara Heidel
Heidel Realty
Buyer's Agent
David Klug
Signature Real Estate Group
List Price
$575,000
Sold Price
$490,000
Premium/Discount to List
-$85,000
-14.78%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2022
Sold by
Denison Premier Properties Llc
Bought by
Fbgm Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2021
Sold by
Fbgm Investments Llc
Bought by
Denison Premier Properties Llc

Purchase Details

Closed on
May 19, 2021
Sold by
Tim Weaver Inc
Bought by
Fbgm Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2010
Sold by
Scrima Donald A
Bought by
Tim Weaver Inc
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
Weiler Dominic -- Chicago Title
Weiler Dominic $490,000 Chicago Title
Fbgm Investments Llc $130,500 Noble Title
Denison Premier Properties Llc -- None Available
Fbgm Investments Llc $360,000 Lawyers Title Las Vegas
Tim Weaver Inc $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiler Dominic $349,000
Closed Weiler Dominic $345,000
Previous Owner Fbgm Investments Llc $240,000
Previous Owner Fbgm Investments Llc $288,000
Previous Owner Scrima Donald A $210,000
Previous Owner Scrima Donald A $160,000
Previous Owner Scrima Donald A $78,723
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $490,000 -10.9% $235 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/12/2023 09/12/23 Price Changed $550,000 -4.3% $264 / Sq Ft
09/11/2023 09/11/23 Price Changed $575,000 -8.0% $276 / Sq Ft
09/11/2023 09/11/23 Price Changed $625,000 +8.7% $300 / Sq Ft
09/10/2023 09/10/23 For Sale $575,000 -- $276 / 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 $1,149 $49,392 $27,300 $22,092
2024 $1,970 $49,392 $27,300 $22,092
2023 $1,970 $47,279 $27,755 $19,524
2022 $986 $36,126 $18,200 $17,926
2021 $913 $34,406 $17,745 $16,661
2020 $845 $34,014 $17,745 $16,269
2019 $792 $30,569 $14,560 $16,009
2018 $755 $32,193 $16,835 $15,358
2017 $951 $29,014 $13,650 $15,364
2016 $708 $22,761 $7,280 $15,481
2015 $707 $20,887 $5,688 $15,199
2014 $685 $20,364 $5,688 $14,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2525533

Las Vegas REALTORS®

APN: 139-35-212-051