NOT LISTED FOR SALE

Estimated Value: $527,102 - $642,000

9 Beds
6 Baths
3,336 Sq Ft
$182/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $385,000 $115 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,465/month

80 Days on Market

Highlights

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

About This Home

As of February 2020

GREAT INVESTMENT PROPERT-1 unit (Unit #3) with 3 BR/2BA ; 1 unit with 2BR/2BA (Unit #1); and 2 units (Unit #2 and #4) with 2BR/1BA. ALL units are presently rented on month to month basis. Property conveniently located near schools & shopping. The rental income does not include income from coin operated washer and dryer.

Last Agent to Sell the Property

Lisa Yu

Unity Real Estate Group License #B.1000976 Listed on: 11/07/2019

Last Buyer's Agent

Rob Schlegel

Elite Realty License #S.0055733

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 1963

Lot Details

  • 7,841 Sq Ft Lot
  • Property is in average condition

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,336 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Laundry Room

Kitchen

  • Oven
  • Range

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Continental Park #1 Subdivision

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,949

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • CapRate: 6.1
  • Subdivision Name: CONTINENTAL PARK #1
  • Directions: FROM LAS VEGAS BLVD AND DESERT INN, EAST ON DESERT INN, RIGHT ON ATHENS
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Ceramic Tile, Other

Exterior Features

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

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 4.0

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: None
  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 7841.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 3329.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Victoria Villas Tx Llc
Bought by
Bright Star Foundation Corp
Current Estimated Value
$606,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$103,557
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$481,074

Purchase Details

Listed on
Nov 7, 2019
Closed on
Feb 24, 2020
Sold by
288 Investment Llc
Bought by
Victoria Villas Tx Llc
Seller's Agent
Lisa Yu
Unity Real Estate Group
Buyer's Agent
Rob Schlegel
Elite Realty
List Price
$398,000
Sold Price
$385,000
Premium/Discount to List
-$13,000
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%

Purchase Details

Closed on
Nov 19, 2014
Sold by
Yu Calvin Xiang Long and Ching Angel Oy Yun
Bought by
288 Investment Llc

Purchase Details

Closed on
Nov 9, 2004
Sold by
Romeo Investments Inc
Bought by
Yu Calvin Xiang Long and Ching Angel Oi Yun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 14, 2004
Sold by
Zonin Alberto and Balini Maria Grazia
Bought by
Romeo Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
May 17, 2001
Sold by
Romero Investments Inc
Bought by
Zonin Alberto and Balini Maria Grazia

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
7.03%

Purchase Details

Closed on
Sep 27, 2000
Sold by
Vegas Valley Ventures Inc
Bought by
Romeo Investments Inc

Purchase Details

Closed on
Nov 4, 1999
Sold by
Hud
Bought by
Vegas Valley Ventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,920
Interest Rate
7.82%

Purchase Details

Closed on
Sep 10, 1999
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,920
Interest Rate
7.82%

Purchase Details

Closed on
Dec 18, 1998
Sold by
Zodieru Joshua and Brady Jeffrey
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Apr 1, 1996
Sold by
Brady Jeffrey M
Bought by
Zodieru Joshua D

Purchase Details

Closed on
Jan 12, 1996
Sold by
Micharlsen Robert H
Bought by
Zodieru Joshua and Brady Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,546
Interest Rate
7.04%
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 Buyer Sale Price Title Company
Bright Star Foundation Corp $385,000 Accommodation
Victoria Villas Tx Llc $385,000 Fidelity National Title
288 Investment Llc -- None Available
Yu Calvin Xiang Long $350,000 Fidelity National Title
Romeo Investments Inc -- Fidelity National Title
Zonin Alberto $140,000 Fidelity National Title
Romeo Investments Inc $195,000 Lawyers Title
Vegas Valley Ventures Inc $141,525 Stewart Title
Hud -- Fidelity National Title Ins
Countrywide Home Loans Inc $159,783 Fidelity National Title
Zodieru Joshua D -- --
Zodieru Joshua $150,500 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bright Star Foundation Corp $115,000
Previous Owner Yu Calvin Xiang Long $262,000
Previous Owner Zonin Alberto $140,000
Previous Owner Vegas Valley Ventures Inc $149,920
Previous Owner Zodieru Joshua $147,546
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $385,000 -3.3% $115 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
11/07/2019 11/07/19 For Sale $398,000 -- $119 / 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 $1,949 $74,514 $38,500 $36,014
2024 $1,822 $74,514 $38,500 $36,014
2023 $1,822 $63,711 $32,200 $31,511
2022 $2,426 $60,071 $30,800 $29,271
2021 $2,257 $55,275 $28,000 $27,275
2020 $1,435 $54,675 $28,000 $26,675
2019 $1,345 $52,519 $26,600 $25,919
2018 $1,283 $49,731 $25,200 $24,531
2017 $1,363 $46,465 $22,400 $24,065
2016 $1,202 $43,210 $19,600 $23,610
2015 $1,198 $39,569 $16,800 $22,769
2014 -- $38,882 $16,800 $22,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2150643

Las Vegas REALTORS®

APN: 162-15-510-037