NOT LISTED FOR SALE

3145 N Walnut Rd Las Vegas, NV 89115

Estimated Value: $524,360 - $660,000

8 Beds
4 Baths
3,168 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $225,000 $71 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $3,323/month

103 Days on Market

Highlights

  • 3.56 Acre Lot
  • Central Air
  • Heating System Uses Gas
  • Laundry Room
  • Carpet

About This Home

As of May 2016

Newly renovated and fully occupied!! Great investment opportunity! Property has 4 units all 4 are currently rented already!

Last Agent to Sell the Property

Beverly Schaeffer

Choice 1 Realty License #B.0143231 Listed on: 01/14/2016

Last Buyer's Agent

Admin Assistant

NON-MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1984

Lot Details

  • 3.56 Acre Lot
  • Property is in good condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Pitched Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Laundry Room

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tax Lot 2

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Reata Subdivision

Building Details

  • Maintenance Expense $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$998

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 3.56
  • CapRate: 8.11
  • Subdivision Name: REATA
  • Directions: From Cheyenne and I-15, E on Cheyenne, Pass LV Blvd, R on Walnut, First R into subdivision, first building on the left.
  • 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
  • Flooring: Carpet, Other

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Pitched, Tile

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 635.0

Condo/Co-op/Association

  • Amenities: None
  • Association Fee: 190.0
  • Association: Yes

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 155074.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26226.0
  • Insurance Expense: 2940.0
  • Maintenance Expense: 1500.0
  • Annual Operating Expense: 6853.0

Tax Info

  • Tax Annual Amount: 998.0
  • Tax Block: 0
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2022
Sold by
Unknown
Bought by
Gutierrez Alex Lee and Gutierrez Erika Vanessa
Current Estimated Value
$570,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,263
Outstanding Balance
$403,494
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$159,114

Purchase Details

Listed on
Jan 14, 2016
Closed on
May 8, 2016
Sold by
Edri Guy
Bought by
Z Leb Group Llc
Seller's Agent
Beverly Schaeffer
Choice 1 Realty
Buyer's Agent
Admin Assistant
NON-MLS OFFICE
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%

Purchase Details

Listed on
Jan 14, 2016
Closed on
Apr 25, 2016
Sold by
Z Leb Group Llc
Bought by
Tanaka Teiko
Seller's Agent
Beverly Schaeffer
Choice 1 Realty
Buyer's Agent
Admin Assistant
NON-MLS OFFICE
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%

Purchase Details

Closed on
Apr 2, 2010
Sold by
Premsrirut Puonyarat K and Premsrirut Rutt K
Bought by
Edri Guy

Purchase Details

Closed on
Jun 30, 2009
Sold by
Najera Jose Victor
Bought by
Prem Deferred Trust

Purchase Details

Closed on
Jan 4, 2007
Sold by
Najera Myriam E
Bought by
Najera Jose Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 30, 2006
Sold by
Jernigan Randall W and Jernigan Irma A
Bought by
Najera Jose Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2006
Sold by
Jernigan Irma A
Bought by
Jernigan Randall W and Jernigan Irma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,250
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 2, 2006
Sold by
Jernigan Irma A and Torres Irma A
Bought by
Jernigan Irma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,250
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 27, 2006
Sold by
Jernigan Randall W
Bought by
Jernigan Irma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,250
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 7, 2003
Sold by
Hud
Bought by
Torres Irma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,910
Interest Rate
5.71%

Purchase Details

Closed on
Aug 14, 2001
Sold by
Countrywide Home Loans
Bought by
Hud

Purchase Details

Closed on
Apr 14, 2000
Sold by
Arellanes Urbano and Betances Melchor
Bought by
Esparza Aurelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2000
Sold by
Esparza Aurelio
Bought by
Gomez Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 1998
Sold by
Arellanes Urbano and Betances Melchor
Bought by
Esparza Aurelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,816
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 1998
Sold by
Reza Jose C
Bought by
Reza Arsenia A U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,816
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 1998
Sold by
Ubalde Leonora A and Ubalde Marilyn A
Bought by
Arellanes Urbano and Betances Melchor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,816
Interest Rate
7.03%
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
Gutierrez Alex Lee $453,700 Driggs Title
Z Leb Group Llc $225,000 Fidelity National Title
Tanaka Teiko $530,000 Fidelity National Title.L
Edri Guy $128,000 Direct Title Insurance Agen
Prem Deferred Trust $91,000 None Available
Najera Jose Victor -- National Title Company
Najera Jose Victor $400,000 National Title Company
Jernigan Randall W -- Fidelity National Title
Jernigan Irma A -- Southwest Title
Jernigan Irma A -- Southwest Title
Torres Irma A $200,000 Stewart Title Of Nevada
Hud $199,231 Stewart Title
Countrywide Home Loans Inc $199,231 Stewart Title
Esparza Aurelio -- Lawyers Title
Gomez Daniel $185,000 Lawyers Title
Esparza Aurelio $4,500 --
Reza Arsenia A U -- Old Republic Title Company
Arellanes Urbano $163,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Alexander Lee $38,799
Closed Gutierrez Alexander Lee $13,799
Closed Gutierrez Alexander $12,759
Closed Gutierrez Alex Lee $12,935
Open Gutierrez Alex Lee $431,263
Previous Owner Najera Jose Victor $320,000
Previous Owner Jernigan Randall W $31,250
Previous Owner Jernigan Irma A $265,000
Previous Owner Torres Irma A $196,910
Previous Owner Gomez Daniel $183,487
Previous Owner Arellanes Urbano $158,816
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $225,000 -5.9% $71 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $239,000 -- $75 / 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 $2,400 $94,763 $43,750 $51,013
2024 $2,232 $94,763 $43,750 $51,013
2023 $2,232 $93,535 $43,750 $49,785
2022 $1,376 $84,371 $36,750 $47,621
2021 $1,274 $75,545 $29,750 $45,795
2020 $1,180 $73,061 $26,600 $46,461
2019 $1,106 $67,529 $21,000 $46,529
2018 $1,056 $59,614 $14,175 $45,439
2017 $1,719 $57,058 $12,600 $44,458
2016 $989 $58,187 $11,970 $46,217
2015 $988 $37,889 $6,300 $31,589
2014 $1,607 $40,498 $6,300 $34,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1600006

Las Vegas REALTORS®

APN: 140-18-110-011