NOT LISTED FOR SALE

Estimated Value: $331,911 - $674,000

7 Beds
4 Baths
3,634 Sq Ft
$154/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $141,000 $39 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $3,281/month

556 Days on Market

About This Home

As of June 2014

This home is located at 3208 N Michael Way, Las Vegas, NV 89108 since 20 November 2012 and is currently estimated at $558,970, approximately $153 per square foot. This property was built in 1962. 3208 N Michael 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.

Last Listed By

Linda Naw

ERA Brokers Consolidated License #S.0072042 Listed on: 11/20/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,025

Year Built

  • Built in 1962

Lot Details

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

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 20 / 1

Community Details

Overview

  • 4 Units
  • Mountain View Park Unit #1 Subdivision

Building Details

  • Maintenance Expense $1
  • Professional Management Expense $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,025

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Professional Management Expense: 1.0
  • Subdivision Name: MOUNTAIN VIEW PARK UNIT #1
  • Directions: 95 AND CHEYENNE- RIGHT ON W CHEYENNE- LEFT ON MICHAEL
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Special Features: 4108
  • Stories: 2
  • Year Built: 1962

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet
  • Interior Amenities: None
  • Living Area: 3634.0

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

  • Amenities: None

Lot Info

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

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 2.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Annual Amount: 1025.0
  • Tax Block: 1
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Serazi Yacov and Shomer Shlomo
Bought by
Shomer Family 1800 Trust and Serazi Family Trust
Total Days on Market
556
Current Estimated Value
$558,970

Purchase Details

Closed on
Apr 25, 2024
Sold by
Shomer Family 1800 Trust and Serazi Family Trust
Bought by
Michel Way Llc

Purchase Details

Closed on
Aug 3, 2018
Sold by
Serazi Yacov and Shomer Shlomo
Bought by
Serazi Yacov and Shomer Dina

Purchase Details

Listed on
Nov 20, 2012
Closed on
Jun 25, 2014
Sold by
Tablizo Yannie P and Tablizo Samuel L
Bought by
Serazi Yacov and Shomer Shlomo
Seller's Agent
Linda Naw
ERA Brokers Consolidated
Buyer's Agent
Octavio Escoto
LV City Real Estate
List Price
$89,500
Sold Price
$141,000
Premium/Discount to List
$51,500
57.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.73%

Purchase Details

Closed on
Apr 1, 2005
Sold by
R & R Homes Llc
Bought by
Tablizo Samuel L and Tablizo Yannie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6%
Mortgage Type
Unknown

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 Rowena R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,830
Interest Rate
5.79%
Mortgage Type
FHA

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
Shomer Family 1800 Trust -- None Listed On Document
Michel Way Llc -- None Listed On Document
Serazi Yacov -- Stewart Title Company F
Serazi Yacov $141,000 Lawyers Title Of Nevada
Tablizo Samuel L $350,000 Lawyers Title Of Nevada
R & R Homes Llc -- --
Otado Rolando -- --
Otado Rowena R $237,500 Pioneer National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tablizo Samuel L $91,000
Previous Owner Tablizo Samuel L $245,000
Previous Owner Otado Rowena R $233,830
Closed Tablizo Samuel L $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $141,000 +57.5% $39 / Sq Ft
05/31/2014 05/31/14 Pending -- -- --
11/20/2012 11/20/12 For Sale $89,500 -- $25 / 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 $1,826 $91,516 $56,350 $35,166
2024 $1,691 $91,516 $56,350 $35,166
2023 $1,691 $76,273 $45,500 $30,773
2022 $1,566 $72,676 $44,100 $28,576
2021 $1,451 $67,845 $41,300 $26,545
2020 $1,344 $64,887 $38,850 $26,037
2019 $1,260 $53,267 $28,000 $25,267
2018 $1,202 $44,903 $21,000 $23,903
2017 $1,361 $41,502 $18,025 $23,477
2016 $1,126 $38,420 $15,400 $23,020
2015 $1,123 $36,221 $14,000 $22,221
2014 $1,088 $35,400 $14,000 $21,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1302494

Las Vegas REALTORS®

APN: 138-12-811-009