$175,000
SOLD DEC 1, 2016
-- Bed
-- Bath
4,218 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

7% Below List Price

65 Days on Market

About This Home

As of August 2017

INVESTOR SPECIAL OR OWNER OCCUPIED! Great income producing property. At 100% occupancy building generates $2050/mo and NO HOA. 3 of the 4 units have undergone recent renovations and all appliances are included. On site laundry facility and great location!

Last Agent to Sell the Property

Christopher Patrick

Huntington & Ellis, A Real Est License #S.0173418 Listed on: 08/27/2016

Last Buyer's Agent

Jonathan Magno

North American Realty of NV License #S.0027721

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,257

Year Built

  • Built in 1964

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 4,218 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Mountain View Park Unit #2 Subdivision

Building Details

  • Maintenance Expense $50
  • Professional Management Expense $210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,257

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • CapRate: 8.8
  • Professional Management Expense: 210.0
  • Subdivision Name: MOUNTAIN VIEW PARK UNIT #2
  • Directions: FROM RANCHO & CHEYENNE, W CHEYENNE TO 1ST. ST. ARLENE, R TURN ON ARLENE.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1964
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1964

Interior Features

  • Number Of Buildings: 1
  • Appliances: Refrigerator
  • Flooring: Other
  • Interior Amenities: None

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 100.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 750.0
  • Maintenance Expense: 50.0
  • Annual Operating Expense: 2712.0

Tax Info

  • Tax Annual Amount: 1257.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Aug 11, 2017
Sold by
Toruno Violeta E Esquivel
Bought by
Henrriquez Jorge A Tabora
Seller's Agent
Jonathan Magno
North American Realty of NV
Buyer's Agent
Nora Aguirre
Century 21 Americana
List Price
$268,000
Sold Price
$270,000
Premium/Discount to List
$2,000
0.75%
Total Days on Market
65
Current Estimated Value
$625,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,790
Avg. Annual Appreciation
11.15%
Original Mortgage
$265,109
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 27, 2016
Closed on
Nov 10, 2016
Sold by
Azultech Llc
Bought by
Highsmith Charles
Seller's Agent
Christopher Patrick
Huntington & Ellis, A Real Est
Buyer's Agent
Jonathan Magno
North American Realty of NV
List Price
$189,000
Sold Price
$175,000
Premium/Discount to List
-$14,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.80%

Purchase Details

Listed on
Nov 8, 2012
Closed on
Dec 28, 2012
Sold by
Tan Vantrina
Bought by
Azultech Llc
Seller's Agent
Sonia Passalacqua
RE/MAX Advantage
Buyer's Agent
Jim Eagan
Limestone Investments LLC
List Price
$125,000
Sold Price
$132,200
Premium/Discount to List
$7,200
5.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
Jun 14, 2010
Sold by
Patel Leena
Bought by
Tan Vantrina

Purchase Details

Closed on
Aug 11, 2004
Sold by
Baggs Larry
Bought by
Patel Leena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 20, 2003
Sold by
Joannster Corp
Bought by
Baggs Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
5.72%

Purchase Details

Closed on
Jun 16, 2000
Sold by
Guefen Karel
Bought by
Guefen Max

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.27%
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
Interfamily Deed Transfer -- Stewart Title Las Vegas War
Bargain Sale Deed $270,000 Stewart Title Las Vegas War
Bargain Sale Deed $175,000 Stewart Title Las Vegas War
Bargain Sale Deed $132,200 Ticor Title Las Vegas
Quit Claim Deed -- Ticor Title Las Vegas
Bargain Sale Deed $125,500 Ticor Title Las Vegas
Bargain Sale Deed $345,000 Nevada Title Company
Bargain Sale Deed $237,500 Pioneer National Title
Quit Claim Deed -- Pioneer National Title
Interfamily Deed Transfer -- Old Republic Title Company
Quit Claim Deed $140,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $261,476 FHA
Closed $265,109 FHA
Previous Owner $258,750 Unknown
Previous Owner $213,750 No Value Available
Previous Owner $140,000 No Value Available
Closed $0 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2017 08/14/17 Sold $270,000 +0.7% $64 / Sq Ft
07/15/2017 07/15/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $268,000 +53.1% $64 / Sq Ft
12/01/2016 12/01/16 Sold $175,000 -7.4% $41 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
08/27/2016 08/27/16 For Sale $189,000 +43.0% $45 / Sq Ft
01/04/2013 01/04/13 Sold $132,200 +5.8% $31 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
11/08/2012 11/08/12 For Sale $125,000 -- $30 / 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 $2,041 $94,817 $56,350 $38,467
2024 $1,890 $94,817 $56,350 $38,467
2023 $1,890 $79,106 $45,500 $33,606
2022 $1,751 $75,319 $44,100 $31,219
2021 $1,621 $70,350 $41,300 $29,050
2020 $1,502 $67,269 $38,850 $28,419
2019 $1,408 $55,576 $28,000 $27,576
2018 $1,344 $47,114 $21,000 $26,114
2017 $1,431 $43,659 $18,025 $25,634
2016 $1,259 $40,562 $15,400 $25,162
2015 $1,257 $38,275 $14,000 $24,275
2014 $1,218 $38,663 $14,000 $24,663
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1828875

Las Vegas REALTORS®

APN: 138-12-812-005