NOT LISTED FOR SALE

Estimated Value: $551,854 - $669,000

7 Beds
4 Baths
3,634 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 22, 2019

Last sale price $350,000 $96 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,909/month

108 Days on Market

Highlights

  • Private Yard
  • Balcony
  • Laundry Room
  • No HOA
  • Security Guard
  • Central Heating and Cooling System

About This Home

As of April 2019

INVESTOR HEAVEN! GREAT FOUR PLEX IN THE NORTH! ALL UNITS HAVE RECENTLY BEEN REMODELED INTERIOR/EXTERIOR (NEW PAINT & CARPET, LNDSCP, SECURITY WINDOWS & DOORS) UNITS HAVE SPACIOUS LIVING/FAMILY ROOMS & ALL KITCHEN APPLIANCES. UNITS ARE BETWEEN 550-900 SQ FT. LARGE BTHRMS W/ TUB & SHOWER COMBOS! EXTERIOR LAUNDRY ROOM AND EXTRA OWNER STORAGE! 75-100% OCCUPANCY! 75% W/ 1YR LEASES (3 UNITS 2 BD/1BA) & 1 SHORT TERM 3mo LEASE (UNIT#1-1BD/1BA 550 SQ FT)!

Last Listed By

Kami Zargari

Triumph Property Management Co License #B.1000830 Listed on: 12/04/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,129

Year Built

  • Built in 1962

Lot Details

  • 9,148 Sq Ft Lot
  • Private Yard
  • Property is in good condition

Home Design

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

Interior Spaces

  • 3,634 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Laundry Room

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Community Storage Space

Additional Features

  • Professional Management Expense $200
  • Security Guard

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,129

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Professional Management Expense: 200.0
  • Subdivision Name: MOUNTAIN VIEW PARK UNIT #1
  • Directions: FROM RANCHO AND CHEYENNE, WEST ON CHEYENNE TO ARLENE, RIGHT ON ARLENE.
  • 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

  • Flooring: Carpet, Resilient

Exterior Features

  • Construction Type: Stucco, Wood Frame
  • Exterior Features: Private Yard
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Other

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Guard, Storage
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1129.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2018
Closed on
Apr 12, 2019
Sold by
Green Karl A and Green Shelbi N
Bought by
Jackson Andre
Seller's Agent
Kami Zargari
Triumph Property Management Co
Buyer's Agent
Kami Zargari
Triumph Property Management Co
List Price
$360,000
Sold Price
$350,000
Premium/Discount to List
-$10,000
-2.78%
Total Days on Market
108
Current Estimated Value
$633,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,464
Avg. Annual Appreciation
10.21%
Original Mortgage
$350,000
Outstanding Balance
$310,798
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$322,667

Purchase Details

Listed on
Jun 11, 2013
Closed on
Aug 12, 2013
Sold by
Pearl Investments Properties Llc
Bought by
Green Karl A and Green Shelbi N
Seller's Agent
George Anaya
Love Las Vegas Realty
Buyer's Agent
Christine Sabato
Prestige Properties
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.98%
Original Mortgage
$179,200
Interest Rate
4.28%
Mortgage Type
VA

Purchase Details

Closed on
Jan 13, 2011
Sold by
U S Bank National Association
Bought by
Pearl Investment Properties Llc

Purchase Details

Closed on
Oct 25, 2010
Sold by
Gadi Flora
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 28, 2005
Sold by
Sub Prime Properties Inc
Bought by
Gadi Flora

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
7.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 23, 2005
Sold by
Zargari Kamran
Bought by
Gadi Flor

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
7.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 13, 2005
Sold by
Grigorian Gohar
Bought by
Grigorian Val

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
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2005
Sold by
Maruna Michael J
Bought by
Sub Prime Properties Inc

Purchase Details

Closed on
Oct 28, 1999
Sold by
Castelone Charles and Castelone Carol A
Bought by
Maruna Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,960
Interest Rate
7.82%
Mortgage Type
VA

Purchase Details

Closed on
Sep 3, 1996
Sold by
Joannster Corp
Bought by
Castelone Charles and Castelone Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,465
Interest Rate
8.37%
Mortgage Type
FHA

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
Jackson Andre $350,000 Chicago Title Las Vegas
Green Karl A $175,000 Nevada Title Las Vegas
Pearl Investment Properties Llc $99,900 Chicago Title Las Vegas
U S Bank National Association $125,000 Accommodation
Gadi Flora $405,000 Ticor Title Of Nevada Inc
Gadi Flor -- Ticor Title Of Nevada Inc
Grigorian Val -- Ticor Title Of Nevada Inc
Sub Prime Properties Inc $310,000 Ticor Title Of Nevada Inc
Maruna Michael J -- Ticor Title Of Nevada Inc
Maruna Michael J $198,000 Old Republic Title Company
Castelone Charles $162,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Andre $350,000
Previous Owner Green Karl A $179,200
Previous Owner Gadi Flora $50,000
Previous Owner Gadi Flora $320,000
Previous Owner Grigorian Val $280,000
Previous Owner Maruna Michael J $201,960
Previous Owner Castelone Charles $160,465
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2019 04/22/19 Sold $350,000 -2.8% $96 / Sq Ft
03/23/2019 03/23/19 Pending -- -- --
12/04/2018 12/04/18 For Sale $360,000 +105.7% $99 / Sq Ft
08/19/2013 08/19/13 Sold $175,000 -2.8% $48 / Sq Ft
07/20/2013 07/20/13 Pending -- -- --
06/11/2013 06/11/13 For Sale $180,000 -- $50 / 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 $4,357 $91,674 $56,350 $35,324
2024 $8,958 $91,674 $56,350 $35,324
2023 $8,958 $76,411 $45,500 $30,911
2022 $3,420 $72,802 $44,100 $28,702
2021 $2,247 $67,961 $41,300 $26,661
2020 $403 $65,001 $38,850 $26,151
2019 $1,263 $53,376 $28,000 $25,376
2018 $1,205 $45,007 $21,000 $24,007
2017 $1,364 $41,604 $18,025 $23,579
2016 $1,129 $38,518 $15,400 $23,118
2015 $1,125 $36,315 $14,000 $22,315
2014 $1,090 $35,490 $14,000 $21,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2052253

Las Vegas REALTORS®

APN: 138-12-811-012