NOT LISTED FOR SALE

Estimated Value: $622,000 - $669,000

7 Beds
4 Baths
3,634 Sq Ft
$178/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $640,000 $176 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,572/month

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
  • 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 Plank, 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: ---

Rental Info

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

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1723.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2025
Sold by
Espino Family Of Four Trust and Espino Edward
Bought by
Nextgen Investment Properties Llc
Current Estimated Value
$647,067

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.99%
Original Mortgage
$480,000
Interest Rate
6.35%
Mortgage Type
New Conventional

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nextgen Investment Properties Llc -- None Listed On Document
Espino Family Of Four Trust $640,000 Equity Title
Bonnies House Llc -- Wedl Law Firm Llc
Ben-Law Trust -- Equity Title
Bonnies House Llc $425,000 Equity Title
Robert D Lawson Investigations Llc -- None Available
Ben & Law Trust -- None Available
Lawson Robert $200,000 Old Republic Title Company
Joannster Corp -- --
Guefen Max -- Old Republic Title Company
Guefen Max $917,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espino Family Of Four Trust $480,000
Previous Owner Bonnies House Llc $400,000
Previous Owner Lawson Robert $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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