NOT LISTED FOR SALE

3111 N Walnut Rd Las Vegas, NV 89115

Estimated Value: $611,000 - $658,000

8 Beds
4 Baths
3,168 Sq Ft
$200/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $407,000 $128 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,494/month

65 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Balcony
  • Ceiling Fan

About This Home

As of September 2020

All four units rented with long term tenants more than 12 months. No leases all are month to month. Owner has completed a remodel of all units and personally cleans the grounds weekly. Each unit has a designated locked storage and there is one coin operated laundry facility in the building. Please do NOT disturb tenants. Please write all offers contingent upon showing.

Last Agent to Sell the Property

Christopher Thompson

Urban Nest Realty License #S.0184909 Listed on: 06/11/2020

Last Buyer's Agent

Antonio Gastelum

Advent Realty Elite License #B.0146132

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1984

Lot Details

  • 3,168 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Carpet
  • Dryer

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Outdoor Features

  • Balcony

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Reata Subdivision

Building Details

  • Maintenance Expense $508
  • Professional Management Expense $2,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,096

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • CapRate: 6.44
  • Professional Management Expense: 2160.0
  • Subdivision Name: Reata
  • Directions: Take I-15N to Cheyenne and head West past Las Vegas Blvd to Walnut. Turn left on Walnut. Turn Left into complex. Once inside complex take first left and the building is in the center of the complex.
  • 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

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Range, Range Hood
  • Flooring: Carpet, Other
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3168.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2092.0

Condo/Co-op/Association

  • Amenities: Cable TV
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 3168.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 34260.0
  • Insurance Expense: 932.0
  • Maintenance Expense: 508.0
  • Annual Operating Expense: 7536.0

Tax Info

  • Tax Annual Amount: 1096.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Sep 11, 2020
Sold by
Ugas Ruben
Bought by
Barragan Antonio Gamboa and Gamboa Gloria Ivonna
Seller's Agent
Christopher Thompson
Urban Nest Realty
Buyer's Agent
Antonio Gastelum
Advent Realty Elite
List Price
$415,000
Sold Price
$407,000
Premium/Discount to List
-$8,000
-1.93%
Current Estimated Value
$618,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,216
Avg. Annual Appreciation
8.99%
Original Mortgage
$305,250
Outstanding Balance
$273,946
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$346,559

Purchase Details

Listed on
Nov 14, 2014
Closed on
Jan 22, 2015
Sold by
Big West Properties Llc
Bought by
Ugar Ruben
Seller's Agent
Kathy Arrington
Valleywide Realty & Investment
Buyer's Agent
Allen Shelton
Realty ONE Group, Inc
List Price
$188,900
Sold Price
$175,250
Premium/Discount to List
-$13,650
-7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.11%

Purchase Details

Closed on
Sep 11, 2009
Sold by
Premsrirut Puonyarat K and Premsrirut Rutt K
Bought by
Big West Properties Llc

Purchase Details

Closed on
Apr 29, 2009
Sold by
Thakhin Duangehit
Bought by
The Prem Deferred Trust

Purchase Details

Closed on
Feb 15, 2005
Sold by
Turner Dennis and Turner Jacqueline D
Bought by
Thakin Duangchit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 10, 2005
Sold by
Thakhin Patrick
Bought by
Thakhin Duangchit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 23, 2003
Sold by
Rodriguez Manuel and Luna Juan J
Bought by
Turner Dennis and Turner Jacqueline D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
5.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 2002
Sold by
Hermosillo Delfino and Hermosillo Manuela
Bought by
Rodriguez Manuel and Luna Juan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,631
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 1998
Sold by
Kalese Kala
Bought by
Hermosillo Delfino and Hermosillo Manuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,640
Interest Rate
9.7%
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
Barragan Antonio Gamboa $407,000 Fidelity National Title
Ugar Ruben $175,250 Driggs Title Agency Inc
Big West Properties Llc $143,000 Direct Title Insurance Agenc
The Prem Deferred Trust $118,725 None Available
Thakin Duangchit $355,000 Southwest Title
Thakhin Duangchit -- Southwest Title
Turner Dennis $245,000 United Title Of Nevada
Rodriguez Manuel -- United Title Of Nevada
Rodriguez Manuel $218,000 Stewart Title
Hermosillo Delfino $163,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barragan Antonio Gamboa $305,250
Previous Owner Thakin Duangchit $268,000
Previous Owner Turner Dennis $213,500
Previous Owner Turner Dennis $183,750
Previous Owner Rodriguez Manuel $214,631
Previous Owner Hermosillo Delfino $130,640
Closed Hermosillo Delfino $24,495
Closed Thakin Duangchit $33,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $407,000 -1.9% $128 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $415,000 +136.8% $131 / Sq Ft
01/28/2015 01/28/15 Sold $175,250 -7.2% $55 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
11/14/2014 11/14/14 For Sale $188,900 -- $60 / 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 $1,318 $94,763 $43,750 $51,013
2024 $1,281 $94,763 $43,750 $51,013
2023 $980 $93,535 $43,750 $49,785
2022 $1,363 $84,371 $36,750 $47,621
2021 $1,262 $75,545 $29,750 $45,795
2020 $1,169 $73,061 $26,600 $46,461
2019 $1,096 $67,529 $21,000 $46,529
2018 $1,046 $59,614 $14,175 $45,439
2017 $1,719 $57,058 $12,600 $44,458
2016 $980 $58,187 $11,970 $46,217
2015 $977 $37,889 $6,300 $31,589
2014 $946 $40,498 $6,300 $34,198
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Christopher Thompson

    Urban Nest Realty

  • Antonio Gastelum

    Buyer's Agent in 2020

    Antonio Gastelum

    Advent Realty Elite

    (702) 622-7601

    11 in this area

    102 Total Sales

    Section Image

  • K

    Seller's Agent in 2015

    Kathy Arrington

    Valleywide Realty & Investment

    (702) 595-7530

    1 in this area

    19 Total Sales

    Section Image
  • Allen Shelton

    Buyer's Agent in 2015

    Allen Shelton

    Realty ONE Group, Inc

    (702) 234-9728

    2 in this area

    44 Total Sales

    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2203971

Las Vegas REALTORS®

APN: 140-18-110-014

Nevada Clark County Las Vegas 89115

3111 N Walnut Rd, Las Vegas, NV

This home is located at 3111 N Walnut Rd, Las Vegas, NV 89115 since 11 June 2020 and is currently estimated at $634,313, approximately $200 per square foot. This property was built in 1984. 3111 N Walnut Rd is a home located in Clark County with nearby schools including Myrtle Tate Elementary School, Von Tobel Middle School, and Sunrise Mountain 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.

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