$156,000
SOLD JUN 29, 2015

3220 N Michael Way Las Vegas, NV 89108

Woodcrest Neighborhood
-- Bed
-- Bath
3,634 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

16% Below List Price

602 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of May 2019

INVESTORS DREAM!!NOT REO NOT SHORTSALE.1DAY OWNER APPROVAL. FOUR PLEX IN NORTHWEST. 1 UP/3 DOWN. THREE 2 BEDROOM UNITS.ONE 1BEDROOM UNIT. UNIT 4 IS ALREADY RENTED OUT OVER 2 YEARS.STORAGE UNIT EQUIPPED FOR COMPLEX USE OF WASHER AND DRYER.NO HOA.....MAKE ME OFFER..NO LOWBALL PLEASE...

Last Agent to Sell the Property

Karen Xiao

O'Harmony Realty LLC License #B.1000842 Listed on: 10/04/2013

Last Buyer's Agent

Robert Frankenberg

Keller Williams Realty Southwe License #S.0048700

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1962

Lot Details

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

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Frame Construction

Interior Spaces

  • 3,634 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Alley Access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 17 / 1

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Mountain View Park Unit #1 Subdivision

Building Details

  • Maintenance Expense $1,000
  • Professional Management Expense $2,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,064

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • CapRate: 10.91
  • Professional Management Expense: 2600.0
  • Subdivision Name: MOUNTAIN VIEW PARK UNIT #1
  • Directions: FROM CHEYENNE & JONES CONTINUE EAST TO MICHAEL WAY, TURN LEFT(N). 3220 IS THE 6th BLDG ON YOUR RIGHT.
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1962

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Oven, Range, Range Hood
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None
  • Living Area: 3634.0

Exterior Features

  • Construction Type: Wood Frame
  • Property Condition: Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Alley Access
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 536.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

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

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 18000.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 1000.0

Tax Info

  • Tax Annual Amount: 1064.0
  • Tax Block: 1
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2019
Sold by
Lopez Jorge
Bought by
3220 N Michael Way Trust
Total Days on Market
602
Current Estimated Value
$624,625

Purchase Details

Listed on
Apr 16, 2019
Closed on
May 30, 2019
Sold by
Stadig Clinton H
Bought by
Lopez Jorge
Seller's Agent
Derek Eisenberg
Continental Real Estate Group
Buyer's Agent
Judith Larrach
Platinum Real Estate Prof
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$251,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2015
Sold by
Yang Yong
Bought by
Stadig Clinton H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2013
Sold by
Wang Hu and Zhang Zhaomin
Bought by
Yang Yong

Purchase Details

Closed on
Jun 27, 2011
Sold by
Clobear Llc
Bought by
Wang Hu and Zhang Zhaomin

Purchase Details

Closed on
Apr 11, 2011
Sold by
Mokhtarzadeh Shahram and Mokhtarzadeh Ilana
Bought by
Clobear Llc

Purchase Details

Closed on
Aug 14, 2007
Sold by
Western Investment Properties Inc
Bought by
Mokhtarzadeh Shahram and Mokhtarzadeh Ilana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
6.67%
Mortgage Type
Unknown

Purchase Details

Closed on
May 18, 2007
Sold by
Soleymani Sharona
Bought by
Zargari Kamyar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
May 17, 2007
Sold by
Western Investment Properties Inc
Bought by
Western Investment Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 22, 2007
Sold by
Crowell Anthony
Bought by
Western Investment Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 22, 2005
Sold by
Brisco Vanessa
Bought by
Crowell Anthony and Crowell Family Trust

Purchase Details

Closed on
Oct 19, 2004
Sold by
Crowell Royce
Bought by
Crowell Royce and The Crowell Family Credit Shelter Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2004
Sold by
Higgins William C
Bought by
Crowell Royce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 17, 2004
Sold by
Cazares Maria and Cazares Viviana
Bought by
Higgins William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,375
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 16, 2001
Sold by
Cazares Maria and Diosdado Adriana
Bought by
Cazares Maria and Cazares Viviana

Purchase Details

Closed on
May 1, 1996
Sold by
Diosdado Roberto M
Bought by
Diosdado Adriana Cazares

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,510
Interest Rate
7.82%
Mortgage Type
FHA
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
Quit Claim Deed -- None Available
Bargain Sale Deed $335,000 Western Title Company L
Bargain Sale Deed $156,000 Lawyers Title Of Nevada
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $80,000 National Title Company
Trustee Deed $61,500 National Title Company
Quit Claim Deed -- Alliance Title Company
Interfamily Deed Transfer -- Ticor Title Of Nevada Inc
Bargain Sale Deed $216,000 Ticor Title Of Nevada Inc
Bargain Sale Deed $325,000 Ticor Title Of Nevada Inc
Interfamily Deed Transfer -- Ticor Title Of Nevada Inc
Interfamily Deed Transfer $250,000 None Available
Interfamily Deed Transfer $250,000 None Available
Bargain Sale Deed $330,000 Stewart Title Of Nevada
Bargain Sale Deed $273,250 Nevada Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $162,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $251,250 New Conventional
Previous Owner $177,000 New Conventional
Previous Owner $295,200 Unknown
Previous Owner $330,000 Unknown
Previous Owner $330,000 Unknown
Previous Owner $235,000 New Conventional
Previous Owner $230,000 Unknown
Previous Owner $204,375 Unknown
Previous Owner $159,510 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $335,000 -4.3% $92 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $350,000 +124.4% $96 / Sq Ft
06/29/2015 06/29/15 Sold $156,000 -15.7% $43 / Sq Ft
05/30/2015 05/30/15 Pending -- -- --
10/04/2013 10/04/13 For Sale $185,000 -- $51 / 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 $1,840 $91,252 $56,350 $34,902
2024 $1,704 $91,252 $56,350 $34,902
2023 $1,704 $76,041 $45,500 $30,541
2022 $1,578 $72,464 $44,100 $28,364
2021 $1,462 $67,649 $41,300 $26,349
2020 $1,354 $64,697 $38,850 $25,847
2019 $1,269 $53,084 $28,000 $25,084
2018 $1,211 $44,727 $21,000 $23,727
2017 $1,355 $41,325 $18,025 $23,300
2016 $1,135 $38,254 $15,400 $22,854
2015 $1,131 $36,059 $14,000 $22,059
2014 -- $35,246 $14,000 $21,246
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Derek Eisenberg

    Continental Real Estate Group

    (877) 996-5728

    1 in this area

    3,453 Total Sales

    Derek Eisenberg
    Section Image

  • J

    Buyer's Agent in 2019

    Judith Larrach

    Platinum Real Estate Prof

    (702) 524-4663

    55 Total Sales

    Judith Larrach
    Section Image
  • Karen Xiao

    Seller's Agent in 2015

    Karen Xiao

    O'Harmony Realty LLC

    (626) 385-8890

    48 Total Sales

    Karen Xiao
    Section Image

  • R

    Buyer's Agent in 2015

    Robert Frankenberg

    Keller Williams Realty Southwe

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1389185

Las Vegas REALTORS®

APN: 138-12-811-006

Nevada Clark County Las Vegas 89108 Woodcrest

3220 N Michael Way, Las Vegas, NV

This home is located at 3220 N Michael Way, Las Vegas, NV 89108 and is currently priced at $156,000, approximately $42 per square foot. This property was built in 1962. 3220 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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