NOT LISTED FOR SALE

Estimated Value: $327,144 - $498,000

7 Beds
4 Baths
1,225 Sq Ft
$355/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $280,000 $229 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,539/month

79 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet

About This Home

As of November 2019

All units currently occupied (3 x 2 bedroom, 1 x 1 bedroom). Two separate buildings with entrances on separate streets. One is a duplex and one is two stories. No HOA.

Last Agent to Sell the Property

Azim Jessa

Real Broker LLC License #BS.0143354 Listed on: 08/02/2019

Real Broker LLC

Last Buyer's Agent

Laura Hyland

Urban Nest Realty License #S.0170495

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $889

Year Built

  • Built in 1949

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,225 Sq Ft Home
  • 2-Story Property
  • Carpet

Kitchen

  • Oven
  • Range

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Fourteenth Street City Add Subdivision

Building Details

  • Maintenance Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$889

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • CapRate: 5.1
  • Subdivision Name: FOURTEENTH STREET CITY ADD
  • Directions: From Eastern Ave and Stewart Ave, head west on Stewart Ave. Right onto N. 15th St. Home will be on the left.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1949
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1949

Interior Features

  • Number Of Buildings: 2
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet, Other
  • Interior Amenities: None

Exterior Features

  • Construction Type: Brick, Block
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1799.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

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

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 23100.0
  • Insurance Expense: 1109.0
  • Maintenance Expense: 2400.0
  • Annual Operating Expense: 6612.0

Tax Info

  • Tax Annual Amount: 889.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2023
Sold by
Bruce William Cowan and Kay Kooltida
Bought by
Lvdowntown Series Llc and Bcktc Llc
Total Days on Market
79
Current Estimated Value
$434,536

Purchase Details

Listed on
Aug 2, 2019
Closed on
Nov 15, 2019
Sold by
Benbow Richard Addison
Bought by
Cowan Bruce William and Cowan Kay Kooltida
Seller's Agent
Azim Jessa
Real Broker LLC
Buyer's Agent
Laura Hyland
Urban Nest Realty
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$205,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 1999
Sold by
Rams Bonnie R
Bought by
Rams Bonnie Rae and The Bonnie Rae Rams Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lvdowntown Series Llc -- None Listed On Document
Cowan Bruce William $280,000 First American Title
Rams Bonnie Rae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cowan Bruce William $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $280,000 -13.8% $229 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $325,000 -- $265 / 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 $1,286 $57,705 $25,200 $32,505
2024 $1,192 $57,705 $25,200 $32,505
2023 $1,192 $53,821 $25,620 $28,201
2022 $751 $50,001 $23,800 $26,201
2021 $1,022 $44,368 $23,800 $20,568
2020 $946 $44,845 $23,800 $21,045
2019 $887 $34,985 $14,560 $20,425
2018 $802 $36,192 $17,150 $19,042
2017 $1,094 $33,376 $14,700 $18,676
2016 $751 $25,584 $6,720 $18,864
2015 $792 $23,397 $5,250 $18,147
2014 $726 $24,501 $5,250 $19,251
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2120977

Las Vegas REALTORS®

APN: 139-35-212-046