NOT LISTED FOR SALE

3200 Arlene Way Las Vegas, NV 89108

Woodcrest Neighborhood

Estimated Value: $503,690 - $767,000

7 Beds
4 Baths
3,634 Sq Ft
$179/Sq Ft Est. Value

Last Sold March 04, 2015

Last sale price $220,000 $61 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $3,604/month

101 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Property is in excellent condition
  • Central Heating and Cooling System
  • Laundry Facilities
  • Carpet

About This Home

As of March 2015

All 4 units are occupied on June 2014. Re-done very well new air conditioning, new water heater, new appliances, new low-E windows, new plumbing, new faucets and showers, new toilets, new carpeting, new kitchen counter tops, new doors, new painting, ......

Last Agent to Sell the Property

Martin Lu

City Villa Realty & Management License #S.0172900 Listed on: 10/23/2014

Last Buyer's Agent

David Liu

New Era Realty LLC License #S.0069906

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,177

Year Built

  • Built in 1964

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Pitched Roof
  • Stucco

Interior Spaces

  • 3,634 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Carpet

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Disposal

Parking

  • 6 Parking Spaces
  • Paved Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, rent only
  • Legal Lot and Block 1 / 1

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Mountain View Park Unit #2 Subdivision

Additional Features

  • Laundry Facilities
  • Maintenance Expense $360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,177

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • CapRate: 8.14
  • Subdivision Name: MOUNTAIN VIEW PARK UNIT #2
  • Directions: From Cheyenne and Rancho, W on Cheyenne, property on the conner of Cheyenne and Arlene Way.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1964
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1964

Interior Features

  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood
  • Flooring: Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3634.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Excellent, Resale
  • Roof: Pitched

Garage/Parking

  • Parking Features: Other, Paved
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1.0

Condo/Co-op/Association

  • Amenities: Laundry
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Rent Only

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 25942.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 360.0
  • Annual Operating Expense: 6402.0

Tax Info

  • Tax Annual Amount: 1177.0
  • Tax Block: 1
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2017
Sold by
Arshad Mohammed
Bought by
Arshad Investments Llc
Current Estimated Value
$648,673

Purchase Details

Listed on
Oct 23, 2014
Closed on
Mar 4, 2015
Sold by
Phillips Neil R
Bought by
Arshad Mohammed
Seller's Agent
Martin Lu
City Villa Realty & Management
Buyer's Agent
David Liu
New Era Realty LLC
List Price
$239,999
Sold Price
$220,000
Premium/Discount to List
-$19,999
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%

Purchase Details

Closed on
Jul 19, 2011
Sold by
The Bank Of New York Mellon
Bought by
Phillips Neil R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,211
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2011
Sold by
Cieslak Stanley B and Cieslak Mai Yan
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Mar 25, 2006
Sold by
Cieslak Stanley B and Cieslak Mai Yan
Bought by
Comet Investment 3200 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 6, 2006
Sold by
Melika Joseph and Melika Ana L
Bought by
Cieslak Stanley B and Cieslak Mai Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 13, 2005
Sold by
Sutherland Owen
Bought by
Melika Joseph and Melika Ana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 11, 2004
Sold by
Muzzey Jerry A and Muzzey Thea S
Bought by
Sutherland Owen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 8, 2003
Sold by
Bfc Mortgage Corp
Bought by
Muzzey Jerry A and Muzzey Thea S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 28, 2003
Sold by
Joannster Corp
Bought by
Bfz Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 17, 2002
Sold by
Weinstock Arthur
Bought by
Joannster Corp
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
Arshad Investments Llc -- None Available
Arshad Mohammed $220,000 Lawyers Title Of Nevada
Phillips Neil R $100,000 First American Title Paseo
The Bank Of New York Mellon $79,200 Accommodation
Comet Investment 3200 Llc -- None Available
Cieslak Stanley B $405,000 National Alliance Title
Melika Joseph $350,000 Chicago Title
Sutherland Owen -- Chicago Title
Sutherland Owen $270,000 North American Title Co
Muzzey Jerry A $237,500 Pioneer National Title
Bfz Mortgage Corp $225,000 --
Joannster Corp -- Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Neil R $107,211
Previous Owner Cieslak Stanley B $40,500
Previous Owner Cieslak Stanley B $324,000
Previous Owner Melika Joseph $280,000
Previous Owner Sutherland Owen $216,000
Previous Owner Muzzey Jerry A $190,000
Closed Muzzey Jerry A $35,600
Closed Sutherland Owen $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2015 03/04/15 Sold $220,000 -8.3% $61 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
10/23/2014 10/23/14 For Sale $239,999 -- $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 $1,976 $91,897 $56,350 $35,547
2024 $1,830 $91,897 $56,350 $35,547
2023 $1,830 $76,612 $45,500 $31,112
2022 $1,695 $72,988 $44,100 $28,888
2021 $1,569 $68,136 $41,300 $26,836
2020 $1,454 $65,176 $38,850 $26,326
2019 $1,363 $53,542 $28,000 $25,542
2018 $1,301 $45,167 $21,000 $24,167
2017 $1,369 $41,766 $18,025 $23,741
2016 $1,218 $38,677 $15,400 $23,277
2015 $1,215 $36,473 $14,000 $22,473
2014 $1,177 $36,808 $14,000 $22,808
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Martin Lu

    City Villa Realty & Management

    (702) 686-8038

    17 Total Sales

    Martin Lu
    Section Image

  • D

    Buyer's Agent in 2015

    David Liu

    New Era Realty LLC

    (702) 577-5618

    82 Total Sales

    David Liu
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 1490419

Las Vegas REALTORS®

APN: 138-12-812-010

Nevada Clark County Las Vegas 89108 Woodcrest

3200 Arlene Way, Las Vegas, NV

This home is located at 3200 Arlene Way, Las Vegas, NV 89108 since 23 October 2014 and is currently estimated at $648,673, approximately $178 per square foot. This property was built in 1964. 3200 Arlene Way is a home located in Clark County with nearby schools including Doris M. Reed Elementary School, Irwin & Susan Molasky Junior High School, and Cheyenne High School.

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