$390,000
SOLD MAR 30, 2018

3228 Arlene Way Las Vegas, NV 89108

Woodcrest Neighborhood
-- Bed
-- Bath
3,966 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

7% Below List Price

35 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating and Cooling System
  • Balcony
  • Tile Flooring

About This Home

As of February 2019

Incredible investment opportunity! Great long term tenants in place with high rents. Building renovated inside and out. Units updated completely. NEW HVAC units.

Last Agent to Sell the Property

Amy Kyzykyan

Show Vegas Realty License #S.0078005 Listed on: 01/23/2018

Last Buyer's Agent

Wende and Paul Bell

BHHS Nevada Properties License #S.0026012

BHHS Nevada Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,966 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Laundry Room

Kitchen

  • Range Hood
  • Disposal

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Laundry Facilities

Building Details

  • Maintenance Expense $500
  • Professional Management Expense $2,400

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: 2400.0
  • Subdivision Name: MOUNTAIN VIEW PARK UNIT #2
  • Directions: Jones and Cheyenne head East on Cheyenne Past Michael Way. Travel one block then turn left (N) on Arlene Way.
  • 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: Exhaust Fan, Disposal, Range Hood
  • Flooring: Tile

Exterior Features

  • Construction Type: Stucco
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Utilities

  • Laundry Features: Common Area, Laundry Room
  • 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: 500.0

Condo/Co-op/Association

  • Amenities: Cable TV
  • Association: No

Lot Info

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

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 800.0
  • Maintenance Expense: 500.0
  • Annual Operating Expense: 4000.0

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
Deborah 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%
Total Days on Market
35
Current Estimated Value
$655,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,474
Avg. Annual Appreciation
8.62%
Original Mortgage
$296,250
Interest Rate
4.5%
Mortgage Type
New Conventional

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%
Original Mortgage
$150,000
Interest Rate
3.94%
Mortgage Type
Unknown

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:

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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 $395,000 Ticor Title Green Valley
Bargain Sale Deed $380,000 Lawyers Title Of Nevada C
Bargain Sale Deed -- Lawyers Title Of Nevada C
Bargain Sale Deed $86,200 Noble Title
Bargain Sale Deed $405,000 Chicago Title
Deed $213,000 Land Title
Grant Deed $167,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,800 New Conventional
Closed $296,250 New Conventional
Previous Owner $150,000 Unknown
Previous Owner $283,500 Negative Amortization
Previous Owner $170,400 No Value Available
Previous Owner $167,500 Assumption
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

    Deborah Primack

    BHHS Nevada Properties

    (702) 580-8881

    34 Total Sales

    Deborah Primack
    Section Image

  • A

    Buyer's Agent in 2019

    Agustus Maghee

    The Agency Las Vegas

    (928) 279-8390

    1 in this area

    132 Total Sales

    Agustus Maghee
    Section Image

  • A

    Seller's Agent in 2018

    Amy Kyzykyan

    Show Vegas Realty

    (702) 285-4842

    18 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: 1961431

Las Vegas REALTORS®

APN: 138-12-812-004

Nevada Clark County Las Vegas 89108 Woodcrest

3228 Arlene Way, Las Vegas, NV

This home is located at 3228 Arlene Way, Las Vegas, NV 89108 and is currently priced at $390,000, approximately $98 per square foot. This property was built in 1964. 3228 Arlene 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.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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