$640,000
SOLD OCT 15, 2024
-- Bed
-- Bath
3,634 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$176 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Property is in excellent condition
  • Tile Flooring

About This Home

As of October 2024

Incredible Investment Opportunity! Renovated Fourplex featuring Three (3) - 2 Bedroom/1 Bath Units and a One (1) - 1 Bedroom/1 Bath Unit. All Units have been renovated and include Ceiling Fans, Upgraded Luxury Vinyl Flooring in three (3) units and Tile Flooring in Unit #2. Unit #1, #2, and #3 includes Quartz Countertops in the Kitchen and Bathrooms of these units. Unit #4 showcases Marble Countertops in both the Kitchen and Bathroom. Amenities include a Courtyard, Front Parking and Rear Parking Spots for tenant use, and Laundry Facilities with coin operated Washer and Dryer. Conveniently located near various shopping complexes, restaurants, and transportation access.

Last Agent to Sell the Property

Deborah Medina

Local Realty Brokerage Phone: (702) 686-0818 License #S.0173319 Listed on: 09/01/2024

Last Buyer's Agent

Deborah Medina

Local Realty Brokerage Phone: (702) 686-0818 License #S.0173319 Listed on: 09/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,723

Year Built

  • Built in 1962

Lot Details

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

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

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

Kitchen

  • Oven
  • Range
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for rent only

Community Details

Overview

  • 4 Units
  • Mountain View Park Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,723

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Subdivision Name: Mountain View Park
  • Directions: From Cheyenne and Rancho, West on Cheyenne, Right on Michael Way, Property will be on your right.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Attribution Contact: (702) 686-0818
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1962

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Disposal, Oven, Range, Refrigerator
  • Flooring: Luxury Vinyl, Luxury VinylPlank, Tile
  • Living Area: 3634.0

Exterior Features

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

Garage/Parking

  • Parking Features: Other

Utilities

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

Condo/Co-op/Association

  • Amenities: Laundry

Schools

Lot Info

  • Lot Size Sq Ft: 8276.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Rent Only

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1723.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2024
Closed on
Oct 10, 2024
Sold by
Bonnies House Llc Series 2
Bought by
Espino Family Of Four Trust and Espino
Seller's Agent
Deborah Medina
Local Realty
Buyer's Agent
Deborah Medina
Local Realty
List Price
$649,999
Sold Price
$640,000
Premium/Discount to List
-$9,999
-1.54%
Views
12
Current Estimated Value
$645,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,356
Avg. Annual Appreciation
0.99%
Original Mortgage
$480,000
Outstanding Balance
$477,284
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$167,006

Purchase Details

Closed on
Apr 25, 2022
Sold by
Bonnies House Llc
Bought by
Bonnies House Llc

Purchase Details

Closed on
Feb 14, 2022
Sold by
Robert D Lawson Investigations Llc
Bought by
Ben-Law Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2011
Sold by
Lawson Robert
Bought by
Robert D Lawson Investigations Llc

Purchase Details

Closed on
Jul 8, 2010
Sold by
Lawson Robert
Bought by
Ben & Law Trust

Purchase Details

Closed on
Feb 17, 2000
Sold by
Joannster Corp
Bought by
Lawson Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.16%

Purchase Details

Closed on
Aug 26, 1997
Sold by
Guefen Max
Bought by
Joannster Corp

Purchase Details

Closed on
May 16, 1997
Sold by
Guefen Karel
Bought by
Guefen Max
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 Type Sale Price Title Company
Bargain Sale Deed $640,000 Equity Title
Bargain Sale Deed -- Wedl Law Firm Llc
Bargain Sale Deed -- Equity Title
Bargain Sale Deed $425,000 Equity Title
Bargain Sale Deed -- None Available
Bargain Sale Deed -- None Available
Bargain Sale Deed $200,000 Old Republic Title Company
Quit Claim Deed -- --
Interfamily Deed Transfer -- Old Republic Title Company
Quit Claim Deed $917,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $180,000 Unknown
Previous Owner $180,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $640,000 -1.5% $176 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
09/01/2024 09/01/24 For Sale $649,999 -- $179 / 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 $1,860 $91,824 $56,350 $35,474
2024 $1,723 $91,824 $56,350 $35,474
2023 $1,723 $76,542 $45,500 $31,042
2022 $1,596 $72,929 $44,100 $28,829
2021 $1,478 $68,083 $41,300 $26,783
2020 $1,369 $65,109 $38,850 $26,259
2019 $1,283 $53,497 $28,000 $25,497
2018 $1,224 $45,121 $21,000 $24,121
2017 $1,367 $41,714 $18,025 $23,689
2016 $1,147 $38,612 $15,400 $23,212
2015 $1,144 $36,401 $14,000 $22,401
2014 $1,108 $35,672 $14,000 $21,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2612822

Las Vegas REALTORS®

APN: 138-12-811-008