NOT LISTED FOR SALE

Estimated Value: $454,505 - $713,000

9 Beds
6 Baths
3,336 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 05, 2015

Last sale price $197,500 $59 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $3,468/month

94 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Laundry Room
  • Central Heating and Cooling System
  • Property is in very good condition

About This Home

As of March 2015

Remodeled 4-plex in a great location. Fenced yard. Great investments

Last Agent to Sell the Property

Chris Himes

Your Home Sold Guaranteed RE License #S.0173114 Listed on: 10/31/2014

Last Buyer's Agent

David Liu

New Era Realty LLC License #S.0069906

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,136

Year Built

  • Built in 1963

Lot Details

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

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 3,336 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 14 / 3

Community Details

Overview

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

Additional Features

  • Laundry Facilities
  • Maintenance Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,136

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • CapRate: 12.45
  • Subdivision Name: CONTINENTAL PARK #1
  • Directions: Desert Inn and Maryland, W on Desert Inn to Cambridge
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3336.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 720.0

Condo/Co-op/Association

  • Association: No

Lot Info

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

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26136.0
  • Insurance Expense: 960.0
  • Maintenance Expense: 100.0

Tax Info

  • Tax Annual Amount: 1136.0
  • Tax Block: 3
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
Mar 4, 2015
Sold by
Zem Llc
Bought by
Chao Vegas Llc
Seller's Agent
Chris Himes
Your Home Sold Guaranteed RE
Buyer's Agent
David Liu
New Era Realty LLC
List Price
$215,000
Sold Price
$197,500
Premium/Discount to List
-$17,500
-8.14%
Current Estimated Value
$624,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,626
Avg. Annual Appreciation
10.69%

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jul 30, 2013
Sold by
Mead Lake Holdings Llc
Bought by
Zem Llc
Seller's Agent
Shan Hefetz
Global Real Estate Services
Buyer's Agent
Roshi Mahban
Paragon Premier Properties
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%

Purchase Details

Closed on
Sep 27, 2011
Sold by
Yoffe Tomer
Bought by
Mead Lake Holding Llc

Purchase Details

Closed on
Jul 27, 2011
Sold by
Arasheben Ayala
Bought by
Shushan Shimon S Ben

Purchase Details

Closed on
Jul 15, 2011
Sold by
Shushan Shimon S Ben
Bought by
Yoffe Tomer

Purchase Details

Closed on
May 17, 2011
Sold by
Yoffe Hagit
Bought by
Yoffe Tomer

Purchase Details

Closed on
Jun 4, 2010
Sold by
Arasheben Arash
Bought by
Ben Shushan Shimon S and Yoffe Tomer

Purchase Details

Closed on
Apr 16, 2010
Sold by
Us Bank National Association
Bought by
Arasheben Arash and Shushan Shimon S Ben

Purchase Details

Closed on
Oct 21, 2009
Sold by
Fernandez Duran Alma D
Bought by
Us Bank National Association

Purchase Details

Closed on
May 29, 2003
Sold by
Lujan Josefina
Bought by
Fernandez Duran Alma D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 2, 2001
Sold by
Lujan Fernando
Bought by
Lujan Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,488
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 29, 1996
Sold by
Hamilton Robert and Tucker Beverly Lorraine
Bought by
Lujan Manuel and Lujan Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,773
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 1995
Sold by
Tucker Robert Hamilton and Tucker Beverly Lorraine
Bought by
Tucker Beverly Lorraine
Source: Public Records

Range of Values:

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Average Value
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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
Chao Vegas Llc $197,500 Lawyers Title Of Nevada
Zem Llc $185,000 National Title Co
Mead Lake Holding Llc -- None Available
Shushan Shimon S Ben -- Fidelity National Title T
Yoffe Tomer $19,000 Fidelity National Title T
Yoffe Tomer -- Fidelity National Title T
Ben Shushan Shimon S -- None Available
Arasheben Arash $100,000 Ticor Title Las Vegas
Us Bank National Association $129,000 Fidelity National Default S
Fernandez Duran Alma D $255,000 United Title Of Nevada
Lujan Josefina -- National Title Company
Lujan Manuel $152,000 Stewart Title
Tucker Beverly Lorraine -- --
Tucker Robert Hamilton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez Duran Alma D $200,000
Previous Owner Lujan Josefina $125,488
Previous Owner Lujan Manuel $148,773
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2015 03/05/15 Sold $197,500 -8.1% $59 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
10/31/2014 10/31/14 For Sale $215,000 +16.2% $64 / Sq Ft
07/31/2013 07/31/13 Sold $185,000 -7.5% $55 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $199,900 -- $60 / 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 $1,908 $73,161 $38,500 $34,661
2024 $1,768 $73,161 $38,500 $34,661
2023 $1,768 $62,525 $32,200 $30,325
2022 $1,637 $58,991 $30,800 $28,191
2021 $1,516 $54,272 $28,000 $26,272
2020 $1,405 $53,726 $28,000 $25,726
2019 $1,316 $51,582 $26,600 $24,982
2018 $1,256 $48,830 $25,200 $23,630
2017 $1,337 $45,576 $22,400 $23,176
2016 $1,177 $42,350 $19,600 $22,750
2015 $1,173 $38,742 $16,800 $21,942
2014 $1,137 $37,973 $16,800 $21,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1492225

Las Vegas REALTORS®

APN: 162-15-510-051