NOT LISTED FOR SALE

Estimated Value: $631,418 - $689,000

7 Beds
4 Baths
3,634 Sq Ft
$184/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $410,000 $113 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,913/month

49 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Laundry Facilities
  • Tile Flooring
  • Ceiling Fan

About This Home

As of January 2020

Tremendous Investment Property. Great West Side Location Just Off Rancho. Nice Sized Corner Lot. Great Exposure.

Last Listed By

Ryan Crighton

Rothwell Gornt Companies License #BS.0000254 Listed on: 10/27/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,282

Year Built

  • Built in 1962

Lot Details

  • 10,019 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Mountain View Park Unit #1 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,282

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Subdivision Name: MOUNTAIN VIEW PARK UNIT #1
  • Directions: From the 95 Go North on Rancho Dr, West on Cheyenne. Property is Located on Right on the Corner of Cheyenne and N.Michael Way.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1962

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Refrigerator
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2129.0

Condo/Co-op/Association

  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 10019.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1269.0
  • Annual Operating Expense: 4929.0

Tax Info

  • Tax Annual Amount: 1282.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2019
Closed on
Dec 17, 2019
Sold by
Valenzano Giovanni and Valenzano Claudia I
Bought by
Jones Christopher D
Seller's Agent
Ryan Crighton
Rothwell Gornt Companies
Buyer's Agent
Trachale Bogan
Redfin
List Price
$429,000
Sold Price
$410,000
Premium/Discount to List
-$19,000
-4.43%
Total Days on Market
49
Current Estimated Value
$668,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,855
Avg. Annual Appreciation
9.54%
Original Mortgage
$396,316
Outstanding Balance
$351,191
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$317,664

Purchase Details

Closed on
Oct 17, 2013
Sold by
Valenzano Filomena
Bought by
Valenzano Giovanni and Valenzano Claudia I

Purchase Details

Closed on
Oct 10, 2013
Sold by
Valenzano Frank R
Bought by
Valenzano Filomena

Purchase Details

Closed on
Mar 9, 2010
Sold by
Washington Federal Savings
Bought by
Valenzano Frank R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2009
Sold by
Fajardo Josefa R and Fajardo Adam B
Bought by
Washington Federal Savings

Purchase Details

Closed on
Feb 4, 2005
Sold by
R & R Homes Llc
Bought by
Fajardo Adam B and Fajardo Josefa R

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
7.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2004
Sold by
Otado Rolando V and Otado Rowena
Bought by
R & R Homes Llc

Purchase Details

Closed on
Mar 20, 2003
Sold by
Joannster Corp
Bought by
Otado Rolando

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
5.82%

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
Jones Christopher D $410,000 Equity Title Of Nevada
Valenzano Giovanni -- None Available
Valenzano Filomena -- None Available
Valenzano Frank R $115,000 Equity Title Of Nevada
Washington Federal Savings $311,874 North American Title Company
Fajardo Adam B $350,000 Land Title Of Nevada
R & R Homes Llc -- --
Otado Rolando -- --
Otado Rolando $237,500 Pioneer National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Christopher D $52,284
Open Jones Christopher D $396,316
Previous Owner Valenzano Frank R $86,250
Previous Owner Fajardo Josefa R $293,500
Previous Owner Fajardo Adam B $280,000
Previous Owner Otado Rolando $190,000
Closed Otado Rolando $35,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2020 01/15/20 Sold $410,000 -4.4% $113 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
10/27/2019 10/27/19 For Sale $429,000 -- $118 / 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 $2,027 $91,896 $56,350 $35,546
2024 $2,206 $91,896 $56,350 $35,546
2023 $2,206 $76,605 $45,500 $31,105
2022 $1,593 $72,979 $44,100 $28,879
2021 $1,476 $68,125 $41,300 $26,825
2020 $1,367 $65,160 $38,850 $26,310
2019 $1,281 $53,530 $28,000 $25,530
2018 $1,223 $45,154 $21,000 $24,154
2017 $1,369 $41,751 $18,025 $23,726
2016 $1,146 $38,657 $15,400 $23,257
2015 $1,142 $36,450 $14,000 $22,450
2014 $1,107 $35,619 $14,000 $21,619
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2147594

Las Vegas REALTORS®

APN: 138-12-811-011