NOT LISTED FOR SALE

Estimated Value: $321,811 - $379,000

4 Beds
2 Baths
1,508 Sq Ft
$239/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $98,000 $65 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $2,004/month

15 Days on Market

Highlights

  • Private Yard
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Storage
  • Landscaped
  • Ceiling Fan

About This Home

As of June 2015

FULLY FENCED DUPLEX WITH LONG TERM TENANTS*DRIVEWAY AND CARPORT*2 2 BEDROOM 1 BATH UNITS NICELY UPGRADED AND WELL MAINTAINED*TILE FLOORING THROUGHOUT BOTH UNITS

Last Agent to Sell the Property

Bryan Mitchell

JMG Real Estate License #BS.0143977 Listed on: 05/11/2015

JMG Real Estate

Last Buyer's Agent

Christopher Rubeis

JMG Real Estate License #S.0068564

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $463

Year Built

  • Built in 1952

Lot Details

  • 6,098 Sq Ft Lot
  • Landscaped
  • Private Yard
  • Property is in very good condition

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Storage
  • Washer
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, water
  • Legal Lot and Block 2 / 22

Community Details

Overview

  • 2 Units
  • Fourteenth Street City Add Subdivision

Building Details

  • Maintenance Expense $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$463

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • CapRate: 8.1
  • Subdivision Name: FOURTEENTH STREET CITY ADD
  • Directions: FROM EASTERN AND STEWART*W ON STEWART*N ON 16TH ST
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: RESALE
  • Year Built: 1952
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built: 1952

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Storage
  • Living Area: 1508.0
  • Window Features: Blinds

Exterior Features

  • Disclosures: Principal is Real Estate Licensed
  • Construction Type: Stucco, Wood Frame
  • Exterior Features: Private Yard
  • Property Condition: Resale, Very Good Condition
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 40.0

Condo/Co-op/Association

  • Amenities: Landscaping

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 9504.0
  • Insurance Expense: 535.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 1400.0

Tax Info

  • Tax Annual Amount: 463.0
  • Tax Block: 22
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2015
Closed on
Jun 23, 2015
Sold by
Lara Aleyda E
Bought by
Candido Herrera Heriberto De J
Seller's Agent
Bryan Mitchell
JMG Real Estate
Buyer's Agent
Christopher Rubeis
JMG Real Estate
List Price
$100,000
Sold Price
$98,000
Premium/Discount to List
-$2,000
-2%
Current Estimated Value
$360,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,703
Avg. Annual Appreciation
13.71%
Original Mortgage
$96,224
Interest Rate
3.81%
Mortgage Type
FHA

Purchase Details

Listed on
May 11, 2015
Closed on
Jun 16, 2015
Sold by
Mitchell Bryan and Mitchell Bryan
Bought by
Candido Herrera Herberto De J
Seller's Agent
Bryan Mitchell
JMG Real Estate
Buyer's Agent
Christopher Rubeis
JMG Real Estate
List Price
$100,000
Sold Price
$98,000
Premium/Discount to List
-$2,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,224
Interest Rate
3.81%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2009
Sold by
Serrano Ana D
Bought by
Mitchell Bryan

Purchase Details

Closed on
Jun 25, 2007
Sold by
Candido Pedro Luis
Bought by
Serrano Ana D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2004
Sold by
Gelhart Randall L
Bought by
Serrano Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 28, 2004
Sold by
Candido Pedro Luis
Bought by
Serrano Ana D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.38%
Mortgage Type
Unknown
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
Candido Herrera Heriberto De J -- Equity Title Of Nevada
Candido Herrera Herberto De J $98,000 Equity Title Of Nevada
Mitchell Bryan -- Equity Title Of Nevada
Mitchell Bryan $38,000 Fidelity National Title
Serrano Ana D -- Fidelity National Title
Serrano Ana D -- Fidelity National Title
Serrano Ana $170,000 Chicago Title
Serrano Ana D -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Candido Herrera Heriberto $171,957
Closed Herrera Heriberto De J Candido $137,362
Closed Candido Herrera Heriberto De J $96,224
Closed Candido Herrera Herberto De J $96,224
Previous Owner Serrano Ana D $234,000
Previous Owner Serrano Ana $184,500
Previous Owner Serrano Ana $136,000
Closed Serrano Ana $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $98,000 -2.0% $65 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $100,000 -- $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 $648 $39,834 $23,100 $16,734
2024 $629 $39,834 $23,100 $16,734
2023 $629 $37,979 $23,485 $14,494
2022 $670 $28,478 $15,015 $13,463
2021 $620 $25,351 $15,015 $10,336
2020 $573 $25,673 $15,015 $10,658
2019 $537 $23,982 $13,650 $10,332
2018 $513 $22,686 $13,090 $9,596
2017 $687 $20,962 $11,550 $9,412
2016 $481 $15,940 $6,720 $9,220
2015 $479 $14,142 $5,250 $8,892
2014 -- $15,086 $5,250 $9,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1538868

Las Vegas REALTORS®

APN: 139-35-212-093