NOT LISTED FOR SALE

3228 Arlene Way Las Vegas, NV 89108

Woodcrest Neighborhood

Estimated Value: $631,972 - $741,000

8 Beds
4 Baths
3,966 Sq Ft
$171/Sq Ft Est. Value

Last Sold February 11, 2019

Last sale price $395,000 $100 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,750/month

16 Days on Market

Highlights

  • Private Yard
  • Balcony
  • Ceramic Tile Flooring
  • No HOA
  • Storage
  • Central Heating and Cooling System

About This Home

As of February 2019

ADD THIS WONDERFUL 4 PLEX TO YOUR PORTFOLIO*BRAND NEW ROOF* BRAND NEW ENCLOSED COURTYARD WITH WROUGHT IRON RAILING & GATE BETWEEN THIS PROPERTY & NEXT FOR COSMETIC AND SAFETY CONCERNS*FULLY LEASED*COMPLETELY REMODELED UNIT 1*OPEN FLOOR PLANS*GREAT ROOM OPEN TO KITCHEN W/ ALL APPLIANCES*UNIT 3 ON MONTH TO MONTH*ALL OTHERS HAVE YEARLY LEASES*UNIT 4 IS A 3 BEDROOM/2BATH UNIT UPSTAIRS*EXTRA STORAGE UNITS*YOU WILL LIKE IT AND THE TENANTS.

Last Agent to Sell the Property

Debbie Primack

BHHS Nevada Properties License #BS.0018212 Listed on: 12/26/2018

BHHS Nevada Properties

Last Buyer's Agent

Agustus Maghee

The Agency Las Vegas License #S.0179783

The Agency Las Vegas

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • Private Yard
  • Property is in average condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,966 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Storage

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

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

Building Details

  • Maintenance Expense $1,200
  • Professional Management Expense $3,551

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,438

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Professional Management Expense: 3551.0
  • Subdivision Name: MOUNTAIN VIEW PARK UNIT #2
  • Directions: FROM I-95, LEFT ON CHEYENNE AND RT ON ARLENE*3228 IS ON RIGHT
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1964
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1
  • Year Built: 1964

Interior Features

  • Number Of Buildings: 1
  • Appliances: Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Storage
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Private Yard
  • Patio And Porch Features: Balcony
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Other

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: 1396.0

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 44388.0
  • Maintenance Expense: 1200.0
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Annual Amount: 2438.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2018
Closed on
Jan 25, 2019
Sold by
Vhj Investments Llc
Bought by
Beachem Winder Zachary D
Seller's Agent
Debbie Primack
BHHS Nevada Properties
Buyer's Agent
Agustus Maghee
The Agency Las Vegas
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%
Current Estimated Value
$678,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,493
Avg. Annual Appreciation
8.31%
Original Mortgage
$296,250
Outstanding Balance
$260,457
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$418,036

Purchase Details

Listed on
Jan 23, 2018
Closed on
Mar 28, 2018
Sold by
J A Russo Enterprises Inc
Bought by
Vhj Investments Llc
Seller's Agent
Amy Kyzykyan
Show Vegas Realty
Buyer's Agent
Wende and Paul Bell
BHHS Nevada Properties
List Price
$420,000
Sold Price
$390,000
Premium/Discount to List
-$30,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.48%

Purchase Details

Listed on
Jan 23, 2018
Closed on
Mar 19, 2018
Sold by
Western Equity Partners Inc
Bought by
J A Russo Enterprises Inc
Seller's Agent
Amy Kyzykyan
Show Vegas Realty
Buyer's Agent
Wende and Paul Bell
BHHS Nevada Properties
List Price
$420,000
Sold Price
$390,000
Premium/Discount to List
-$30,000
-7.14%

Purchase Details

Listed on
Feb 2, 2015
Closed on
Dec 12, 2016
Sold by
Vasquez Jose and Vasquez Angelica Y
Bought by
J A Russo Enterprises Inc
Seller's Agent
Mario Rocha
Elite Realty
Buyer's Agent
Mario Rocha
Elite Realty
List Price
$80,000
Sold Price
$96,000
Premium/Discount to List
$16,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
193.97%

Purchase Details

Closed on
Oct 17, 2005
Sold by
Baker Marlene G
Bought by
Vasquez Jose and Vasquez Angelica Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 10, 1998
Sold by
Swenson Roger A
Bought by
Baker Marlene G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
6.78%

Purchase Details

Closed on
Nov 7, 1995
Sold by
Joannster Corp
Bought by
Swenson Roger A and Swenson Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Interest Rate
7.58%
Mortgage Type
Assumption
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
Beachem Winder Zachary D $395,000 Ticor Title Green Valley
Vhj Investments Llc $380,000 Lawyers Title Of Nevada C
J A Russo Enterprises Inc -- Lawyers Title Of Nevada C
J A Russo Enterprises Inc $86,200 Noble Title
Vasquez Jose $405,000 Chicago Title
Baker Marlene G $213,000 Land Title
Swenson Roger A $167,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beachem Winder Zachary D $296,250
Previous Owner Vasquez Jose $283,500
Previous Owner Baker Marlene G $170,400
Previous Owner Swenson Roger A $167,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2019 02/11/19 Sold $395,000 -1.3% $100 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
12/26/2018 12/26/18 For Sale $400,000 +2.6% $101 / Sq Ft
03/30/2018 03/30/18 Sold $390,000 -7.1% $98 / Sq Ft View Prior Sale
02/28/2018 02/28/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $420,000 +337.5% $106 / Sq Ft
12/12/2016 12/12/16 Sold $96,000 +20.0% $24 / Sq Ft View Prior Sale
11/12/2016 11/12/16 Pending -- -- --
02/02/2015 02/02/15 For Sale $80,000 -- $20 / 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 $2,008 $92,891 $56,350 $36,541
2024 $1,860 $92,891 $56,350 $36,541
2023 $1,860 $77,457 $45,500 $31,957
2022 $1,722 $73,798 $44,100 $29,698
2021 $1,595 $68,895 $41,300 $27,595
2020 $1,478 $65,906 $38,850 $27,056
2019 $1,385 $54,253 $28,000 $26,253
2018 $1,322 $45,852 $21,000 $24,852
2017 $1,391 $42,424 $18,025 $24,399
2016 $2,438 $39,358 $15,400 $23,958
2015 $2,414 $37,124 $14,000 $23,124
2014 $2,543 $37,450 $14,000 $23,450
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Debbie Primack

    BHHS Nevada Properties

    (702) 580-8881

    29 Total Sales

    Debbie Primack
    Section Image
  • Agustus Maghee

    Buyer's Agent in 2019

    Agustus Maghee

    The Agency Las Vegas

    (928) 279-8390

    1 in this area

    122 Total Sales

    Agustus Maghee
    Section Image

  • A

    Seller's Agent in 2018

    Amy Kyzykyan

    Show Vegas Realty

    (702) 285-4842

    16 Total Sales

    Amy Kyzykyan
    Section Image

  • M

    Seller's Agent in 2016

    Mario Rocha

    Elite Realty

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2055903

Las Vegas REALTORS®

APN: 138-12-812-004

Nevada Clark County Las Vegas 89108 Woodcrest

3228 Arlene Way, Las Vegas, NV

Not Listed for Sale

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